News
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Commodities
Ancient Egyptian man's genome reveals his society's cross-cultural ties
Man lived roughly 4,500-4,800 years ago in pharaonic EgyptHis remains were placed in ceramic vessel in rock-cut tombObtaining DNA from ancient Egyptian remains has been hardBy Will Dunham July 2 (Reuters) - DNA obtained from the remains of a man who lived in ancient Egypt around the time the firs...Reuters
Wed, Jul 2
Cryptocurrencies
Iran cut ties with UN nuclear inspectors, triggering a 2% surge in oil prices
Oil prices rose 2% on Tuesday after Iran ended all cooperation with UN atomic inspectors, sending an immediate signal through global markets. The decision came just days before a scheduled OPEC+ meeting, and traders responded by pushing Brent crude past $67 per barrel, while West Texas Intermediate (WTI) climbed near $66. The jump followed a […]Cryptopolitan
Wed, Jul 2
Commodities
EU's Kallas warns that China needs to rebalance trade relationship with EU
BRUSSELS, July 2 (Reuters) - The European Union's top diplomat Kaja Kallas told Chinese foreign minister Wang Yi on Wednesday that Beijing needed to rebalance its trade relationship with the EU and warned Chinese companies' support for Russia's war in Ukraine posed a serious threat to Eu...Reuters
Wed, Jul 2
Stocks
US STOCKS-S&P 500 touches intraday record on Vietnam trade deal, tech stocks
S&P 500 up 0.3%, Nasdaq up 0.8%, Dow flatNasdaq up 0.78%; S&P gains 0.29%; Dow falls 0.16%Centene tumbles after pulling 2025 forecastTesla climbs after Q2 deliveries report By Sabrina Valle NEW YORK, July 2 (Reuters) - The S&P 500 touched an intraday high on Wednesday and the Nasd...Reuters
Wed, Jul 2
Cryptocurrencies
BlackRock’s Bitcoin ETF now earns more annual fees than its S&P 500 ETF
BlackRock is making more money from Bitcoin than from the S&P 500. No one expected it to happen this fast, but now it has. The $75 billion iShares Bitcoin Trust ETF (IBIT) is generating more annual fee revenue than the $624 billion iShares Core S&P 500 ETF (IVV). The numbers are clear: IBIT brings in $187.2 […]Cryptopolitan
Wed, Jul 2
Commodities
PRECIOUS-Gold rises as weak ADP employment data strengthens rate cut bets
U.S. non-farm payrolls report due on ThursdayTrump tax-cut plan returns to U.S. HouseUS private payrolls unexpectedly decrease in JunePlatinum, palladium gain over 4%By Anushree Mukherjee and Sarah Qureshi July 2 (Reuters) - Gold prices firmed on Wednesday as weaker-than-expected jobs data fueled...Reuters
Wed, Jul 2
Other
New Texas reciprocal exchange Thore set to begin underwriting with tech-enabled model
By David BullJuly 2 - (The Insurer) - The Homeowners Reciprocal Exchange (Thore) has received its certificate of authority from the Texas Department of Insurance after successfully placing its reinsurance program through broker Acrisure Re and is now preparing to underwrite its first policies in the...Reuters
Wed, Jul 2
Other
Skateboarding-Olympic champion Trew, 15, surges into X Games record books
By Rory CarrollJuly 2 (Reuters) - Teenage Olympic champion skateboarder Arisa Trew has made history by winning more gold medals in the X Games summer disciplines than any other woman and told Reuters she has no intention of slowing down.The 15-year-old Australian beamed a wide smile as she was mobbe...Reuters
Wed, Jul 2
Stocks
GLOBAL MARKETS-Stocks edge up to record, gilt yields surge on finance minister uncertainty
ADP report shows unexpected drop in private payrollsUK gilt yields surge amid finance minister concernsDollar set to snap nine-session streak of declinesBy Chuck Mikolajczak NEW YORK, July 2 (Reuters) - Global stocks advanced on Wednesday after U.S. data showed a surprisingly soft reading on the ...Reuters
Wed, Jul 2
Other
US judge blocks Trump asylum ban at US-Mexico border, says he exceeded authority
WASHINGTON, July 2 (Reuters) - A federal judge on Wednesday blocked President Donald Trump's asylum ban at the U.S.-Mexico border, saying Trump exceeded his authority when he issued a proclamation declaring illegal immigration an emergency and setting aside existing legal processes.Reuters
Wed, Jul 2
Stocks
Tesla Is Jumping Today -- Is the Stock a Buy?
After sell-offs in yesterday's trading, Tesla (NASDAQ: TSLA) stock is rising Wednesday. The company's share price was up 4.6% as of 2 p.m. ET amid the backdrop of a 0.3% gain for the S&P 500 and a 0.7% gain for the Nasdaq Composite. The stock had been up as much as 5.4% earlier in the session.Tesla ...The Motley Fool
Wed, Jul 2
Cryptocurrencies
Crypto Thefts Soar To $2 Billion In 2025, Breaking Records And Trust–Report
Crypto theft has hit a record in the first half of 2025. Over $2.1 billion vanished in at least 75 hacks and exploits. That total tops the previous H1 high set in 2022 by about 10% and almost matches every dollar stolen in all of 2024. Related Reading: Bitcoin To $1 Million? ‘Rich Dad’ Kiyosaki [...Bitcoinist
Wed, Jul 2
Other
Trump settlement triggers 'widespread distress' at CBS News
'60 Minutes' staffer says the deal sets a 'horrible precedent' for the networkParamount needs Trump administration approval to seal Skydance mergerSen. Elizabeth Warren called for an investigation into donations to Trump presidential libraryBy Dawn Chmielewski LOS ANGELES, CALIFOR...Reuters
Wed, Jul 2
Cryptocurrencies
Shiba Inu Price Prediction: Investors Dump SHIB in Favor of DeFi Crypto With 10,000% Upside Potential
Investor flows are beginning to tell a different story this cycle. With Shiba Inu (SHIB) facing muted momentum and price volatility narrowing, many retail and mid-cap investors are pivoting into earlier-stage assets with higher upside, and one project dominating that conversation is Mutuum Finance (MUTM). The token sits at phase 5 of presale for $0.03. […]Cryptopolitan
Wed, Jul 2
Other
US calls Iran's decision to suspend IAEA cooperation unacceptable
WASHINGTON, July 2 (Reuters) - The United States said on Wednesday it was unacceptable that Iran had chosen to suspend cooperation with the International Atomic Energy Agency.Iranian President Masoud Pezeshkian put into effect on Wednesday a law passed by parliament last week to suspend cooperation ...Reuters
Wed, Jul 2
Indices
Dow Jones Industrial Average churns amid Vietnam trade deal and sharp ADP jobs contraction
The Dow Jones Industrial Average (DJIA) tested the low side on Wednesday, knocking back the early week’s bullish tilt after ADP Employment Change figures widely missed the mark and came in well below forecasts.Fxstreet
Wed, Jul 2
Other
Expect more trade deals to be announced next week, US official says
July 2 (Reuters) - U.S. Deputy Treasury Secretary Michael Faulkender on Wednesday said he expects the Trump administration to announce some trade deals next week before its July 9 deadline."I would expect that we have a number of deals that are announced next week," Faulkender said in an int...Reuters
Wed, Jul 2
Cryptocurrencies
Coinbase shares soar after acquiring token management platform Liquifi
Coinbase (COIN) shares are up 5% on Wednesday after the exchange announced that it acquired Liquifi, a decentralized management platform for on-chain builders to launch and monitor their tokens, marking its fourth corporate acquisition in 2025.Fxstreet
Wed, Jul 2
