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Some in Silicon Valley are questioning the calls for an AI slowdown
David Sacks, a technology adviser for President Donald Trump and the White House’s former AI and cryptocurrency czar, at the White House in Washington, Sept. 4, 2025. Sacks questioned why tech companies needed government intervention to slow down their AI development when nothing was stopping them from doing just that. (Haiyun Jiang/The New York Times) By KALLEY HUANG and MIKE ISAAC It took just a few hours over the weekend for well-known Silicon Valley figures to push back o

The San Juan Daily Star
13 hours ago4 min read


Defense, space firms turn to SPACs as investor appetite soars
Early-stage defense and space companies are increasingly seeking to go public through backdoor listings this year, drawn by the appeal of flexible capital and a faster route to market at a time of surging investor interest in the industry. Unlike traditional initial public offerings, these listings involve mergers with special purpose acquisition companies, or SPACs — shell firms that raise money through an IPO and then merge with a private company to take it public. SPAC

The San Juan Daily Star
13 hours ago2 min read


Top AI leaders call for slowing down AI development
Dario Amodei, co-founder and chief executive of the artificial intelligence company Anthropic, speaks at a conference in Manhattan on Dec. 3, 2025. Amodei called for a global slowdown of artificial intelligence development in a 3,800-word essay on Saturday, Sept. 12, 2026, just days after one of the company’s employees quit over concerns about the safety of the technology. (Karsten Moran/The New York Times) By MIKE ISAAC Dario Amodei, the CEO of Anthropic, called for a global

The San Juan Daily Star
2 days ago5 min read


Canadian boycott of US products pushes grocers to adapt, explore new supply sources
A growing consumer push to buy Canadian and boycott U.S. products is reshaping supermarket shelves in Canada, forcing grocers to improve country-of-origin labeling and secure new sources of supply. In Ontario, the president of independent grocer Vince’s Market, Giancarlo Trimarchi, turned to Facebook to show customers that most produce on the shelves of his stores is Canadian after receiving angry emails and comments about the grocer stocking U.S. produce. A bitter trade war

The San Juan Daily Star
2 days ago3 min read


Anthropic researchers raise alarm over AI acceleration
Demonstrators protest outside Anthropic’s offices in San Francisco, July 21, 2026. For years, the artificial intelligence industry raced to improve its technology as quickly as possible; now some researchers are increasingly sounding the alarm about the need to slow down. (Lucas Foglia/The New York Times) By KATE CONGER For years, the artificial intelligence industry raced to improve its technology as quickly as possible. Now some researchers are increasingly sounding the ala

The San Juan Daily Star
5 days ago3 min read


S&P 500 ends down as Treasury yields rise and traders fret about inflation
U.S. stocks ended down on Thursday after producer price data for August and surging oil prices stoked worries the Federal Reserve will hike interest rates next week, while climbing Treasury yields made stocks less attractive. Heavyweight chipmakers lost ground, with Nvidia down 2.3% and Micron Technology losing 4.7%, both weighing on the S&P 500. Apple rallied 3.6% a day after launching a $1,999 iPhone. With supply routes through both the Strait of Hormuz and the Red Sea di

The San Juan Daily Star
5 days ago2 min read


Oil heads for $100, Asia stocks subdued as Middle East tensions escalate
Brent crude rallied towards $100 per barrel on Wednesday, keeping the mood in Asian stock markets subdued, as attacks intensified in the Middle East, stoking inflation worries ahead of the release of closely watched U.S. consumer price data. The yen strengthened towards the nearly seven-month high touched against the dollar on Tuesday as traders exited short positions in the Japanese currency amid expectations for faster Bank of Japan interest rate hikes and a potential

The San Juan Daily Star
6 days ago2 min read


Canada imposes new tariffs on US goods, as trade war intensifies
By TONY ROMM New Canadian tariffs targeting roughly $20 billion in U.S. imports officially snapped into place on Tuesday, the latest escalation in an increasingly costly trade war that has ensnarled two longtime allies. The duties apply to a variety of U.S. goods, including clothing, cheese, metal parts and wood products. The approach is meant to mimic the taxes that President Donald Trump imposed on Canada after trade talks between the two neighbors collapsed in acrimony las

The San Juan Daily Star
7 days ago4 min read


S&P 500 falls as AI worries hit software makers
The S&P 500 ended lower on Tuesday, with Salesforce and other software makers losing ground, while hostilities in the Middle East lifted oil prices and investors awaited inflation data that could affect the chance of an interest rate hike. Salesforce and Intuit fell about 4%, while ServiceNow lost 5%. OpenAI’s launch last week of its newest model, GPT-6 Astra, reignited speculation that AI could compete with services now offered by specialized software companies. The S&P 50

The San Juan Daily Star
7 days ago2 min read


Canada’s retaliatory tariffs set to take effect as Trump threatens to escalate
Prime Minister Mark Carney speaks in Ottawa, Ontario, Canada, May 5, 2026. Polls show that Canadians strongly back Carney’s decision to end trade talks with Washington last month and to hit back with tariffs on about $20 billion in U.S. products entering Canada. But there is also concern over what might happen next. (Ian Austen/The New York Times) By IAN AUSTEN After more than two weeks of finger-pointing, threats and patronizing insults between longtime trading partners, Can

The San Juan Daily Star
Sep 84 min read
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