Personal Finance
Wall Street Embraces AI Despite Risks of Catastrophe
“One day we will give agency to the systems,” said one person at the forefront; even those who aren’t worried say concern is valid.
A 23-Year-Old Fast Food Worker With $0.09 In the Bank Bought $200K In Meme Stocks in Fraud Case: SEC
According to the complaint, the man described it as "a joke" and his account was in profit before being liquidated.
Financial Researchers Worry Nearly 200 Banks At Risk Amid 'Catch-22'
The researchers, who compare the current dynamic to the 1980s savings and loan crisis, have identified nearly 200 banks at risk of a "rational" run, in which depositors pull their money for good reason.
Debt
Conversations with Drug Dealers and Their Mothers
“I had no idea what was going on; I just knew Samir was slipping bills into my wallet.”
Debt Collectors Want To Use AI Chatbots To Hustle People For Money
The collections industry is pushing GPT-4 as a dystopian new way to make borrowers pay up, replicating the debt system’s long history of racial bias.
Don’t Be Fooled by the ‘Financial Hardship Department’ Scam
How a new twist on a classic scam exploits people in need of debt relief—and how to spot it.
Inequality
India Is Home to 169 Billionaires, But These Children Still Forage Through Trash
India’s massive landfills are visceral symbols of its extreme wealth and class inequalities.
OpenAI Used Kenyan Workers Making $2 an Hour to Filter Traumatic Content from ChatGPT
Despite their integral role in building ChatGPT, the workers faced grueling conditions and low pay.
New Study Shows 'Man-Children' Are Destroying Women's Sex Drives
Here's how to spot the behaviour - and fix it.
Corruption
Most Wanted Gangster Found with Cocaine, Guns, and Top Judge’s Ex-Wife
Police found one of Europe’s most wanted drug smugglers, Mladen Samardzija, in a luxury pad with drugs, guns and the ex-wife of a top government aide in Bosnia. The arrest comes alongside a U.S. clampdown on corruption and gangsterism in the region.
‘The Truth Will Be Loud’: Thailand’s Former Brothel Baron Is Using His Infamy to Fight Crime
Bangkok's reformed "super pimp" is on a one-man crusade against gangsters, politicians, and police. And he's getting results.