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Mortgage rates jump to their highest level in a year and show few signs of falling

Mortgage rates jumped to a new high for the year, making it even more expensive to take on a home loan.

Bitcoin stable as Fed fave PCE inflation sees first monthly drop in six years

<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://s3-images.ctmedia.io/media/article-covers/hi-is-bitcoin-a-hedge-against-inflation.jpg" alt="Bitcoin stable as Fed fave PCE inflation sees first monthly drop in six years" class="type:primaryImage"></p><p>Bitcoin and US stocks enjoyed a relief bounce as the South Korea semiconductor rout eased and US PCE inflation data conforms to year-on-year expectations.</p>

I’ve seen families destroyed by this common estate-planning mistake. Here’s how to protect yours.

It’s not enough to do everything “right” on paper.

Hyperscale Data sells 100 BTC to fund Michigan AI data center

<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://s3-images.ctmedia.io/media/article-covers/hi-the-rise-of-major-institutions-is-inevitable-data-centers-red.jpg" alt="Hyperscale Data sells 100 BTC to fund Michigan AI data center" class="type:primaryImage"></p><p>The Bitcoin miner is using part of its treasury and a BTC-backed credit facility to fund an AI campus tied to a potential multi-billion-dollar infrastructure contract.</p>

Tokenized gold passes DeFi stress test, but less than 2% is used as collateral

<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://s3-images.ctmedia.io/media/article-covers/gold-coin.jpg" alt="Tokenized gold passes DeFi stress test, but less than 2% is used as collateral" class="type:primaryImage"></p><p>A RedStone report found tokenized bullion held up during gold’s sharp sell-off, but DeFi lending adoption remains limited despite surging market growth and trading volumes.</p>

5 microcap software stocks expected to soar by triple digits as the companies’ sales pop

These companies are all expected to show very rapid revenue growth through 2028.

Americans are spending plenty — but they’re saving much less

Consumer spending rose again in June to cap off a strong second quarter, but households had to dig deep into their savings to pay for their purchases after a recent surge in inflation.

South Korean crypto trading surges amid stock market plunge

<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://s3-images.ctmedia.io/media/article-covers/hi-people-start-trust-stablecoin-in-period-of-crisis-south-korea.png" alt="South Korean crypto trading surges amid stock market plunge" class="type:primaryImage"></p><p>South Korean crypto exchanges saw a fresh spike in trading activity as the country’s stock market had several days of significant downside.</p>

BitRiver founder charged in Russia over alleged $8M fraud

<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://s3-images.ctmedia.io/media/article-covers/hi-oracle-attack.jpg" alt="BitRiver founder charged in Russia over alleged $8M fraud" class="type:primaryImage"></p><p>Russian authorities charged BitRiver founder Igor Runets with alleged fraud tied to a $8 million crypto mining equipment deal involving Russian billionaire Oleg Deripaska.</p>

Samsung unit explores stablecoin infrastructure with Upbit’s operator

<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://s3-images.ctmedia.io/media/article-covers/hi-samsung-coin-coinbase-1.png" alt="Samsung unit explores stablecoin infrastructure with Upbit’s operator" class="type:primaryImage"></p><p>Samsung SDS is discussing stablecoin infrastructure and AI-based payment models with Dunamu, the operator of South Korean crypto exchange Upbit.</p>

Hedge fund with $1.1B in Bitcoin miner stocks seeks capital after AI sell-off: FT

<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://s3-images.ctmedia.io/media/article-covers/ai-stocks-collapse-scene.png" alt="Hedge fund with $1.1B in Bitcoin miner stocks seeks capital after AI sell-off: FT" class="type:primaryImage"></p><p>The FT said Situational Awareness has approached investors and lenders after borrowing amplified losses during July’s AI stock sell-off.</p>

Social Security’s biggest problem isn’t a design flaw. It’s a missing trust fund.

Should policymakers look beyond the payroll tax to cover this share of the deficit?

The World Cup winners wore Adidas shirts. But the company’s investors are still crying foul.

The sportswear company’s stock declined 17% after it reported a 30% hike in marketing expenditure.

My friend and her husband own extensive real estate. How can her children from a previous marriage get their fair share?

“Her husband is open to a trust, but he wants to be the administrator.”

‘The View’ Host Joy Behar finally finds a buyer for $7 million Hamptons home after 2 years

“The View” host Joy Behar has found a buyer for her longtime Hamptons residence—nearly two years after the elegant dwelling was first brought to the market.

Australia sues Telegram over alleged failures to remove terror content

<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://s3-images.ctmedia.io/media/article-covers/hi-ton-court-case-overview-of-latest-events.jpg" alt="Australia sues Telegram over alleged failures to remove terror content" class="type:primaryImage"></p><p>Telegram faces Australian court proceedings after eSafety alleged the platform failed to detect and remove extremist material shared by users.</p>

Samsung delivers record-setting profits, but the shares still can’t catch a break from investors.

Although supply constraints are still severe and demand for its memory chips relentless, there is still skepticism among investors about the longevity of the AI capex boom and the threat of cheap chips from China.

Investors are overlooking healthcare stocks and should consider these top picks, says JPMorgan

Eli Lilly, AbbVie and Danaher Corporation are among the bank’s top picks for stocks in the sector.

Chinese newspaper warns of Bitcoin extortion scam using its name

<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://s3-images.ctmedia.io/media/article-covers/hi-china-exit-scam2.jpg" alt="Chinese newspaper warns of Bitcoin extortion scam using its name" class="type:primaryImage"></p><p>China Business Journal says fraudsters impersonated the publication, demanding Bitcoin to suppress purported investigative reports about targeted companies.</p>

Bitcoin ETF inflows return as Ether funds slip into outflows

<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://s3-images.ctmedia.io/media/article-covers/surfing-blockchain-wave-etf.jpg" alt="Bitcoin ETF inflows return as Ether funds slip into outflows" class="type:primaryImage"></p><p>US spot Bitcoin ETFs recorded $32.1 million in inflows on Wednesday despite Bitcoin dipping below $64,000, ending a four-session outflow streak.</p>