This episode is brought to you by Kraken Pro. Meet the all-new Kraken Pro, the powerful

customizable, beautiful way to trade crypto. Its Kraken's most powerful trading platform

ever, built for lightning fast trades, unpacked with features like advanced auto-analysment

and analytics tools, all in a redesigned modular trading interface. Head to pro.krakken.com

and trade like a pro. Cryptocurrencies are unregulated in the UK.

The federal trade commission is investigating chat GPT and could the economy make a soft landing

and avoid recession after all? One of the reasons we've made the progress we have on inflation

is because the Fed dis-rays interest rates in the past and in some extent the markets already

anticipate the Fed is going to give us this one extra turn of the dial and therefore the

Fed can't really disappoint those expectations. Plus Hollywood actors join the writer's strike.

It's Thursday, July 13th. I'm Ann Marie for Tolly for the Wall Street Journal. This is the

PM edition of What's News, the top headlines and business stories that moved the world today.

The Federal Trade Commission is investigating popular chat bot chat GPT, specifically whether

it is harmed people by publishing false information about them. In a civil subpoena made public

today, the FTC asks OpenAI, the company behind chat GPT, to describe what steps it's

taken to prevent its tools from generating false misleading or disparaging statements

about real people. The investigation marks a significant escalation of the government's role

in policing the emerging technology of generative artificial intelligence. OpenAI didn't respond

to requests for comment. A federal crackdown on cryptocurrency expanded this morning with

the arrest of Alex Machinsky, the founder of Cryptolender Celsius. He's been charged with

securities fraud. Three federal agencies also filed civil lawsuits against Machinsky and

Celsius, alleging they both defrauded customers who relied on the company to make money by

...