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Mornly

Thursday, July 9, 2026

Top news

  • The U.S. began a second night of strikes against Iranian targets late Wednesday, following Iranian attacks on commercial oil tankers, after Trump declared the ceasefire over.
  • China's military test-launched a long-range ballistic missile from a nuclear-powered submarine in the South Pacific, drawing protest and concern from countries in the region.
  • A Manhattan high-rise that once held Pfizer offices was evacuated after the Department of Buildings launched an investigation into buckling columns.

World

  • U.S. military launched strikes against Iran early Wednesday, hours after three merchant ships were struck in the Strait of Hormuz.
  • Venezuelan death toll from earthquakes rose to 2,295 as acting president declared seven days of national mourning.
  • Belgium defeated the United States 4-1 in World Cup round of 16 play, ending America's tournament run.

Business

  • Microsoft is eliminating 4,800 jobs, representing 2.1% of its workforce, with Xbox division losing about one-fifth of its staff as part of cost cuts in the AI era.
  • NATO Secretary General confirmed the alliance would buy up to 10 reconnaissance aircraft from Swedish plane maker Saab, keeping surveillance capability strong for decades.
  • Delta launched basic business fares without lounge access or seat selection, offering a cheaper way to fly first class with fewer perks.

Technology

  • Microsoft's Xbox division cut approximately 3,200 positions across its gaming unit, about 20% of its workforce, with 1,600 eliminations effective immediately.
  • OpenAI secured U.S. regulatory green light for GPT-5.6 rollout.
  • Amazon is raising at least $25 billion through a bond sale to fund expanding AI infrastructure investments as cloud providers pour capital into data centers and AI capacity.

Science

  • Researchers rebuilt 3.2-billion-year-old enzymes to understand how nitrogen became available for early life on Earth.
  • Scientists combined machine learning with quantum physics to discover two new superconductors and accelerate the search for more.
  • China's Tianwen-2 spacecraft closed within 20 kilometers of asteroid 2016 HO3, an Earth quasi-satellite, beginning a science campaign before sample collection.

Economy

  • June non-farm jobs grew just 57,000, about half expectations, with almost all gains from health care.
  • Consumer Price Index rose 4.2% year-over-year through May, the largest increase since April 2023.
  • Federal Reserve maintained rates at 3.50% to 3.75%, and new Chair Kevin Warsh replaced traditional forward guidance with pure data dependence.

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