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Mornly

Saturday, July 4, 2026

Top news

  • Iran is holding a dayslong funeral for slain Supreme Leader Ayatollah Ali Khamenei, with millions expected to attend in Tehran and peace talks paused.
  • This July Fourth could be the hottest on record for millions of Americans as a massive heat wave traps more than half of the United States under a heat dome through the holiday weekend.
  • Russia has struck Ukraine's capital, killing several people in what it calls retaliatory attacks.

World

  • Explosions shook Kyiv for hours as emergency crews dug through rubble of collapsed buildings following a Russian missile attack.
  • US and Iranian negotiators made positive progress in talks in Doha, with funeral ceremonies for Iran's former leader set for July 4 through July 9.
  • Cristiano Ronaldo scored Portugal's equalizer in a dramatic match, with Portugal advancing to a round-of-16 clash against Spain after VAR drama against Croatia.

Business

  • Google lost its appeal against a record EU antitrust fine for using Android to block rivals, upholding a major court ruling that will likely boost Europe's crackdown on Big Tech.
  • Sandwich chain Jersey Mike's filed for a U.S. initial public offering, pushing ahead with plans to go public amid renewed enthusiasm for new listings.
  • Rivian exceeded Q2 delivery guidance with 12,194 vehicles delivered and raised its full year 2026 delivery outlook to 65,000 to 70,000 units.

Technology

  • Anthropic's Claude Fable 5 is returning after negotiations with the Trump administration, rolling out with new safeguards and monitoring around jailbreak testing.
  • Google lost its final EU antitrust appeal over a 4.1 billion euro fine tied to Android licensing practices that limited competition for search and browser pre-installation.
  • OpenAI has floated a plan to give the U.S. government a 5% stake as part of discussions between CEO Sam Altman and Trump administration officials.

Science

  • Astronomers released the largest gravitational wave catalog ever with 390 total detections, including 161 new black hole collisions.
  • Researchers created quantum control techniques that can make a system appear to run backward in time by precisely managing quantum measurements.
  • UCLA scientists discovered that a protein called NDRG1 builds up in aging muscle stem cells and acts like a brake, slowing their ability to repair after injury.

Economy

  • The U.S. added just 57,000 jobs in June, down from 129,000 in May, with April and May combined revised down by 74,000 positions.
  • The unemployment rate fell slightly from 4.3% in May to 4.2% in June, though labor force participation fell by 720,000 while employment fell by 507,000.
  • The Federal Reserve kept its benchmark rate steady at 3.50%-3.75%, with half the committee now expecting a rate hike this year as inflation remains elevated relative to the 2 percent goal, in part reflecting supply shocks including energy.

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