Italy has banned OpenAI's ChatGPT chatbot due to privacy concerns and lack of age verification, marking the first instance of a Western country blocking the chatbot, while experts call for a moratorium on advanced AI systems development.
China and Brazil have signed a deal to trade in their own currencies, bypassing the U.S. dollar as an intermediary, to reduce costs and promote bilateral trade.
Residents in western Michigan are concerned about the proposed construction of a $2.4 billion lithium-ion battery factory due to the Chinese firm Gotion Inc.'s ties to the Chinese Communist Party, as well as environmental impact and the loss of agricultural land.
Cal-Maine Foods, the largest U.S. egg producer, increased its revenue 109% while only selling 1% more eggs during the quarter ending February 25, 2023.
The European Union's new anti-money laundering laws have drawn criticism for potentially leading to the "criminalization" of physical cash transactions.
A study from the Social Science Research Network (SSRN) revealed that 186 banks could collapse if half of their uninsured depositors withdraw their funds.
JPMorgan Chase is piloting a new payment technology that will allow customers to pay using biometric scans of their face or palm, with the bank hoping to expand the system if successful.
