A Qatari LNG tanker, the Al Rekayyat, suffered significant damage when struck while traveling through the Strait of Hormuz, with its engine room catching fire.
Massive crowds mourned Iran's slain Supreme Leader Ayatollah Ali Khamenei at his funeral in Tehran, with the coffin also carrying family members killed in a February 28 airstrike.
Officials evacuated a Manhattan high-rise building after discovering structural failings, with the Department of Buildings investigating the cause of columns buckling.
World
Russia struck Ukraine with missile and drone waves killing at least 22 people and exposing gaps in the country's air defenses over four years into the war.
Iran held funeral ceremonies for slain Supreme Leader Ayatollah Ali Khamenei with hundreds of thousands of mourners pouring into Tehran as his nation implements a ceasefire agreement with the United States.
Belgium crushed the United States 4-1 in World Cup knockout stage play, eliminating the American team from tournament competition.
Business
Microsoft is eliminating 4,800 jobs, or 2.1% of its workforce, with its Xbox gaming unit among the hardest hit.
CD Projekt co-founder Michał Kiciński has acquired full ownership of the DRM-free PC game storefront GOG from CD Projekt for an undisclosed sum, reportedly around $25 million.
Fiserv rallied more than 5% after reports that it has talked with major U.S. banks including JPMorgan and Bank of America to sell its payments infrastructure business that handles debit card transactions.
Technology
Sysdig published full analysis of JadePuffer, described as the first documented end-to-end autonomous AI ransomware attack that executed a complete extortion workflow.
Chinese AI startup DeepSeek is developing its own inference chip to reduce dependence on Nvidia and Huawei hardware.
Chinese AI models have accounted for more than 30% of weekly token usage by U.S. companies since February, peaking at 46% compared to roughly 11% over the prior 12 months.
Science
Researchers identified the brain circuitry linking deep sleep with growth hormone release, revealing how the two regulate each other.
ETH Zurich scientists created a light-controlled molecular switch that destroys cancer cell receptors responsible for dormancy triggered by stress hormones.
Researchers created quantum control techniques that make a system appear to run backward in time by precisely managing quantum measurements.
Economy
The economy added just 57,000 jobs in June, falling short of 113,000 expected, while unemployment fell to 4.2% from 4.3%.
Fed officials raised inflation projections to 3.6% for headline and 3.3% for core PCE this year, citing energy-driven supply shocks.
The Federal Reserve held interest rates steady at 3.50% to 3.75% in June, but markets now price in at least one rate hike later this year.
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