Business

From Silicon Valley to DC, the tech world is suddenly obsessed with one concept in AI: Distillation

From Silicon Valley to DC, the tech world is suddenly obsessed with one concept in AI: Distillation

Distillation has long been a topic for AI wonks, but it's become a hot-button issue of late as techies and lawmakers debate how it should be regulated.

Analysis: A powerful new coalition of AI skeptics is coalescing right in Trump's blind spot

Analysis: A powerful new coalition of AI skeptics is coalescing right in Trump's blind spot

Evangelicals, labor unions and anti-AI-data-center activists are part of a groundswell worrying about how fast technology is changing.

Austin’s Mayor Tackles Housing Affordability, and Canada Faces New Tariffs

Former trade negotiator says don’t underestimate Canada’s ire

SpaceX isn’t the wireless threat that investors fear — unless someone breaks this unspoken agreement

MarketWatch

SpaceX isn’t the wireless threat that investors fear — unless someone breaks this unspoken agreement

It would likely be too expensive and time-consuming for SpaceX to build a mobile network on its own. But the major wireless carriers have to hope one of their rivals doesn’t sell out.

MarketWatch

Paraguay Wins US Tariff Exemption in New Round

Paraguay Wins US Tariff Exemption in New Round

Paraguay has been left out of a fresh wave of US tariffs aimed at roughly 60 trading partners, sparing its exporters from duties of 10% to 12.5% that take effect in late July 2026. The post Paraguay Wins US Tariff Exemption in New Round…

Goldman Cuts Argentina 2026 Growth Forecast to 2.7%

Goldman Cuts Argentina 2026 Growth Forecast to 2.7%

Goldman Sachs revised its 2026 economic growth projection for Argentina downward to 2.7% from 3.0%, pointing to softer-than-expected monthly activity readings and warning of limited room for macroeconomic missteps ahead of the 2027…

Argentina Credit Defaults Climb Toward 16% of Borrowers

Argentina Credit Defaults Climb Toward 16% of Borrowers

Argentina's private-sector non-performing loan ratio reached 9.7% in May 2026, a sharp rise from 2.0% in November 2024, as household defaults surged to 16.1% amid economic weakness and falling incomes. The post Argentina Credit Defaults…

TASS

Wildberries logistics center in Ekaterinburg resumes operations

It was previously reported that the Wildberries logistics center in Ekaterinburg sustained no damage following the drone crash, though its operations had been suspended

TASS

Heat Bakes Central US, Raising Energy Demand as East Stays Cool

Baking temperatures will sear the central US from the Rocky Mountains to the Mississippi River and eventually push down into the Gulf Coast for the rest of the month, putting regional power grids to the test.

Colombia US Tariff Threatens US$5 Billion in Exports

Colombia US Tariff Threatens US$5 Billion in Exports

Colombia's main business association ANDI has warned that a U.S. decision to raise additional tariffs on Colombian goods to 12.5% puts about US$5 billion in exports at risk, affecting roughly 30% of shipments to its largest trade partner…

CAF US$9 Billion Floor Pledged for Colombia

CAF US$9 Billion Floor Pledged for Colombia

Latin American development bank CAF announced a financing package of at least US$9 billion for Colombia, covering the 2026-2030 period. The commitment, described as a floor rather than a ceiling, targets energy, infrastructure, public…

CADE Adds Union to Copasa-Equatorial Deal Review

CADE Adds Union to Copasa-Equatorial Deal Review

Brazil's antitrust authority CADE has admitted a third-party appeal from a water workers' union, contesting the fast-track approval of Equatorial Group's acquisition of a 30% stake in Minas Gerais state utility Copasa. The post CADE Adds…