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US Law Firm Apologizes After AI Hallucinations Made It To Legal Filing
US Law Firm Apologizes After AI Hallucinations Made It To Legal Filing
Authored by Brayden Lindrea via CoinTelegraph.com,
Wall Street law firm Sullivan & Cromwell has apologized to a federal judge after submitting a court filing that contained around 40 incorrect citations and other errors caused by AI hallucinations.
“We deeply regret that this has occurred,” Andrew Dietderich, co-head of Sullivan & Cromwell’s global restructuring team, wrote Friday in a letter to Chief Judge Martin Glenn of the US Bankruptcy Court for the Southern District of New York.
“The Firm and I are keenly aware...
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Mar 13, 2026 / Joshua Mawhorter
Revisiting Colonial Massachusetts and Mises’s Taxonomy of Money
Contrary to what the Modern Monetary Theory advocates and their Chartalist allies are claiming, the 1690 colonial Massachusetts issuance of fiat money did not create an enlightened moment in U.S. monetary history. Instead, it was a monetary bait-and-switch.
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Jun 5, 2026 / Tyler Durden
US Jobs Soar By 172K In May, Smashing Estimates In 4 Sigma Beat; Unemployment Rate Remains At 4.3%
US Jobs Soar By 172K In May, Smashing Estimates In 4 Sigma Beat; Unemployment Rate Remains At 4.3%
With Wall Street expecting a strong - not great - number, and a modest decline from April's 115K, moments ago the BLS reported a shocker: in May the US added 172K jobs...
... not only a 4-sigma beat to the median estimate of 88K, but also above the highest estimate of 125K.
The change in total nonfarm payroll employment for March was revised up by 29,000, from +185,000 to +214,000, and the change for...
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May 24, 2026 / Tyler Durden
Zombie Home Foreclosure Numbers Increase In 38 US States
Zombie Home Foreclosure Numbers Increase In 38 US States
Authored by Naveen Athrappully via The Epoch Times (emphasis ours),
The number of residential zombie foreclosures in the second quarter of 2026 marginally increased from the previous quarter, with such foreclosures rising in the District of Columbia and 38 out of the 50 U.S. states, real estate analytics company ATTOM said in a May 21 statement.
Homes in Huntington Beach, Calif., on July 12, 2024. John Fredricks/The Epoch Times
"Out of the country's 104.9 million residential properties, 245,376 were in the foreclosure process in...
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