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News quick links · July 31, 2026
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July 31, 2026 · Quick links with descriptions
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US Borrowing Costs Hit 2007 Highs After Fed Decision
The 30-year Treasury yield surged to 5.23 percent after the Federal Reserve held interest rates steady. Investors fear rising oil prices from the conflict with Iran will drive lasting inflation.
Iran War Escalates as Both Sides Maintain Rigid Stances
In episode 32 of Alternate Shots, Richard Haass and John Ellis discuss how rigid positions by the U.S. and Iran are driving military escalation despite concessions in a recent memorandum.
CRISPR Enzymes Programmed to Shred Cancer Cell DNA
Researchers engineered a CRISPR enzyme to recognize target RNA and destroy DNA inside cancer cells. The programmable technique offers a new way to eliminate previously undruggable tumor targets.
Moonshot AI Releases Kimi K3 Model Weights Publicly
Beijing-based Moonshot AI is releasing its Kimi K3 weights for public download. The move allows global developers to freely modify and host the model, competing directly with U.S. proprietary systems.
Fed Chair Kevin Warsh Ends Central Bank Forward Guidance
New Federal Reserve Chair Kevin Warsh has eliminated forward guidance upon taking office. The decision ends the central bank's policy of giving investors advance signals about future interest rate movements.
Trump's 2025 Earnings Surge Quadruples Previous Year's Total
President Donald Trump earned $2.2 billion in 2025, four times his 2024 earnings. His financial trust conducted more than 22,000 stock trades during the year as his net worth grew to $5.1 billion.
Generative AI Battle Shifts to Cost Efficiency Over Scale
Stephen Klein argues that AI competition will be determined by intelligence divided by cost rather than raw scale, as large language models become interchangeable commodities.