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Mornly

Thursday, July 2, 2026

Top news

  • Trump administration announced Wednesday it plans to pull the plug on the U.S.-Mexico-Canada Agreement six years after the deal took effect.
  • President Trump took his first presidential flight aboard a newly retrofitted Boeing 747 serving as Air Force One Wednesday, traveling to North Dakota to mark the opening of the Theodore Roosevelt Presidential Library.
  • South Africa deployed thousands of police officers after anti-immigration protests erupted Tuesday, with destructive clashes spreading across multiple cities.

World

  • The Trump administration announced it will not renew the U.S.-Mexico-Canada trade agreement, instead pursuing renegotiations that could lead to separate bilateral deals with each country.
  • South Africa deployed thousands of police officers as deadly anti-immigration protests erupted and spread across multiple cities with destructive clashes.
  • Iran told Qatar's prime minister that talks on a final nuclear deal will not begin until hostilities end in Lebanon and the U.S. releases frozen Iranian funds.

Business

  • Kroger is buying regional grocer Giant Eagle in a $1.65 billion deal.
  • Meta surged 11% after announcing a new cloud business to sell excess artificial intelligence computing power to outside customers.
  • Shutterstock and Getty Images ended their $3.7 billion merger after UK regulators blocked the deal.

Technology

  • Australia's competition regulator sued Amazon over alleged unfair Prime subscription terms in a major antitrust action.
  • Rocket Lab agreed to acquire satellite communications company Iridium for about $8 billion to build integrated space infrastructure.
  • Anthropic released the Claude Science app as it restored access to advanced models after White House lifted export controls.

Science

  • Researchers recreated a life-size oviraptor nest and discovered new details about how these dinosaurs incubated eggs millions of years ago.
  • A national study found nearly half of Americans referred for kidney transplants never even begin the evaluation process, with only 19 percent reaching the waitlist.
  • Detached sea cucumber tissues survived for more than three years, offering new insights into cellular aging and challenging conventional understanding of tissue mortality.

Economy

  • Fed officials project year-end 2026 rate at 3.8%, signaling at least one rate hike likely this year.
  • Inflation reached 4.2% year-over-year in May, up sharply from 2.4% in February, driven by energy cost spikes from Middle East tensions.
  • Economists expect the June jobs report to show 115,000 new jobs added and unemployment remaining at 4.3%.

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