Newsy.co

Varyante

Meet Kimi K3, the newest Chinese AI model haunting Silicon Valley

Moonshot AI’s new open model is catching up to Anthropic and OpenAI, raising questions about the future of the AI race.

The World Cup–winning side will make $50 million — and the IRS gets a cut

“It doesn’t make a difference who wins the game. The IRS will get a piece.”

The average stock is having a moment as semiconductors struggle. It’s a sign of a healthy market.

It has been a good week to be average on Wall Street.

19 (mostly) tech stocks that have fallen at least 25% in July

Seven of the worst performers for the month were still up by triple digits for 2026.

FTX to distribute $900M to creditors in fifth payment round

<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://s3-images.ctmedia.io/media/article-covers/hi-ftx-distribution.png" alt="FTX to distribute $900M to creditors in fifth payment round" class="type:primaryImage"></p><p>The FTX Recovery Trust and company have distributed about $10 billion since the exchange filed for bankruptcy in November 2022, leaving users cut off from their funds.</p>

How your winning stock-index fund can turn on a dime

Also in Weekend Reads: The changing bond market, housing-market opportunities and advice from the Moneyist.

Look on the bright side: Energy companies are booming

You can’t beat them. Maybe you should join them.

Chip stocks have entered a bear market. A BofA analyst says not to panic.

The semiconductor sector is undergoing a reset and has a tendency to underperform in the third quarter.

I racked up $35,000 in credit-card debt. Should I file for bankruptcy?

“I’m also considering working with a credit-counseling agency or enrolling in a hardship program.”

Galaxy lands 15-year Texas Tech stadium naming rights deal

<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://s3-images.ctmedia.io/media/article-covers/hi-nfl-players-choosing-crypto-over-cash2.png" alt="Galaxy lands 15-year Texas Tech stadium naming rights deal" class="type:primaryImage"></p><p>Galaxy Digital will rename Texas Tech’s football stadium under a 15-year agreement, expanding its West Texas presence as the state attracts growing crypto investment. </p>

Taylor Farms to recall iceberg lettuce that may be the cause of the cyclospora outbreak

The California-based company is one of the largest producers of salad greens in the U.S.

Why Trump’s speech on U.S. elections may have been bad for markets

The president focused in part on accusing China of “sinister election meddling” in 2020.

Consensys unknowingly outsourced developer work to North Korean

<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://s3-images.ctmedia.io/media/article-covers/hi-hacker-interview.png" alt="Consensys unknowingly outsourced developer work to North Korean" class="type:primaryImage"></p><p>Through an introduction with a “reputable third-party service provider,“ the company took on a developer who, as part of an investigation, was revealed to be tied to North Korea.</p>

Crypto Biz: When dollars disappear, stablecoins step in

<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://s3-images.ctmedia.io/media/article-covers/cross-border-transaction-stablecoin-dollar-1.jpg" alt="Crypto Biz: When dollars disappear, stablecoins step in" class="type:primaryImage"></p><p>Bolivia moves to recognize USDT amid a dollar shortage, while Bitcoin miners’ AI ambitions face fresh investor scrutiny.</p>

How to find the best mortgage rate — it could save you $3,300 a year

Buyers who skip comparison shopping often end up considerably overpaying for their mortgage.

A bad health diagnosis will upend your financial plan, but you can set it right again

What it’s like to get end-of-life financial advice from a CFP who’s also a death doula

OKX Europe lets users convert USDT to MiCA-compliant USDC

<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://s3-images.ctmedia.io/media/article-covers/hi-decentralized-exchanges-101-2.png" alt="OKX Europe lets users convert USDT to MiCA-compliant USDC" class="type:primaryImage"></p><p>The feature offers European customers a voluntary path away from Tether’s USDT as MiCA rules reshape the region’s stablecoin market.</p>

Senator Warren requests 2026 reporting for Trump’s crypto earnings after $1.4B disclosure

<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://s3-images.ctmedia.io/media/article-covers/hi-warren-joins-call-for-probe-of-trump.png" alt="Senator Warren requests 2026 reporting for Trump’s crypto earnings after $1.4B disclosure" class="type:primaryImage"></p><p>With the Senate likely voting on a crypto bill within days, Elizabeth Warren asked for information on Donald Trump’s earnings between January and July ahead of a 2027 deadline.</p>

Bitcoin price sags under $62.5K as Iran strikes add to US stocks pressure

<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://s3-images.ctmedia.io/media/article-covers/16codemonitor-bitcoin.jpg" alt="Bitcoin price sags under $62.5K as Iran strikes add to US stocks pressure" class="type:primaryImage"></p><p>Bitcoin saw a key rejection at local highs before reversing lower, moving with stocks for a second day as US-Iran war downside took its toll.</p>

HSBC wins Bank of England approval to enter Digital Securities Sandbox

<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://s3-images.ctmedia.io/media/article-covers/hi-world-bank-blockchain-initiatives-hsbc.jpg" alt="HSBC wins Bank of England approval to enter Digital Securities Sandbox" class="type:primaryImage"></p><p>The Bank of England approved HSBC Orion to go live in its Digital Securities Sandbox, with the first Digital Gilt Instrument transaction expected in the first quarter of 2027.</p>