Side Hustles on the Rise

Plus, US Resumes Bomb Shipments to Israel, Samsung Launches Smart Ring, Team USA Beats Canada, NBA Secures $76B Media Deal, Google Photos to Sync with Apple iCloud, and more!

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BUSINESS & ECONOMY

💼 36% of Americans Have a Side Hustle

A recent Bankrate survey reveals that 36% of U.S. adults have a side hustle, down from 39% in 2023. Despite inflation cooling, 32% of these workers feel they will always need the extra income. Side hustlers earn an average of $891 per month, up from $810 last year. High living costs, especially for younger adults, drive this trend.

📉 Fed Chair Powell: Low Unemployment and Inflation Possible Post-Pandemic

Federal Reserve Chair Jerome Powell testified before the U.S. House Committee on Financial Services, affirming that low unemployment and low inflation are attainable in a post-pandemic era. He reiterated the Fed's commitment to its dual mandate of maximum employment and stable prices, stressing the importance of data-driven decision-making. Powell stated, “Can we have the best of both worlds? We certainly can, and that's the plan.”

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WORLD

🇺🇸 NATO Leaders Aim to 'Trump-Proof' Alliance

NATO leaders, mindful of a potential Trump return, have moved control of military aid to Ukraine under NATO's umbrella, appointed a new secretary general, and signed decade-long defense pledges with Ukraine seeking to stabilize aid and increase defense spending, addressing Trump's previous criticisms. NATO Secretary General Jens Stoltenberg. Stated, “NATO is prepared to adapt and strengthen its commitments regardless of political changes.” 

🇺🇸 US Resumes 500-Pound Bomb Shipments to Israel

The US has resumed shipments of 500-pound bombs to Israel, withholding 2,000-pound bombs over concerns about their use in Gaza's densely populated areas. This decision follows a pause in May due to fears of civilian impact in Rafah. A US official stated, “Our concern remains the potential use of 2,000-pound bombs in Rafah and elsewhere in Gaza.” 

🛑 Nasrallah: Hezbollah to Cease Fire if Hamas Agrees

Hezbollah leader Hassan Nasrallah announced that if Hamas agrees to a ceasefire with Israel, Hezbollah will halt its cross-border attacks. He emphasized that Hamas negotiates for all pro-Iran groups opposed to Israel. Nasrallah said during a speech commemorating a senior Hezbollah commander killed by Israel stating, "If a ceasefire is reached our front will cease fire without any discussion."

SCIENCE & TECH

💍 Samsung Launches World's First Smart Ring

Source - Samsung

Samsung unveils its Galaxy Ring, a smart ring with AI-enhanced health and fitness tracking, at the Galaxy Unpacked event. The ring monitors heart rate, sleep, and menstrual cycles using tiny sensors. Compatible with Galaxy smartphones running Android 11+, it will be available for £399 in the UK from July 24. Analysts predict it could popularize smart rings, offering a discreet alternative to smartwatches.

📸 Google Photos to Sync with Apple iCloud

Google and Apple are launching a tool for seamless photo transfers from Google Photos to iCloud as part of the Data Transfer Initiative (DTI). The tool, integrated into Google Takeout, will automate transfers without needing downloads or uploads. Transfers won’t delete photos from Google Photos and won’t work for certain account types. 

⚡️ iPhone 16 Pro to Boost Charging Speeds

The iPhone 16 Pro and Pro Max are rumored to support significantly faster charging, with 20W MagSafe and 40W wired charging, compared to the iPhone 15's 15W MagSafe and 27W wired speeds. This enhancement is notable despite the larger battery capacities expected in the iPhone 16 lineup. Improved energy density and easier battery replacement are also anticipated.

SPORTS & ENTERTAINMENT

🏀 Team USA Beats Canada in Olympic Tune-Up

Source- USA today

Team USA defeats Canada with 86-72 in their first Olympic basketball tune-up, showcasing strong performances from Anthony Edwards, Steph Curry, and Anthony Davis. Despite early struggles, the U.S. rallied with a 14-3 run to take the lead. Coach Steve Kerr praised the team's defensive intensity and rebounding stating, "It's a good first game for us."

⚽️ US Soccer Coach Gregg Berhalter Departs

Source - USA

The U.S. Soccer Federation announced that Gregg Berhalter has been relieved of his duties as head coach of the U.S. Men’s National Team, effective immediately. U.S. Soccer President Cindy Parlow Cone and Sporting Director Matt Crocker emphasized the focus on finding a new coach for the 2026 World Cup and stated, “We wish Gregg all the best.”

🏀 NBA Secures Record 11-Year, $76B Media Rights Deal

Source - Ap News

 The NBA has struck a record-breaking 11-year, $76 billion media rights deal, ensuring player salaries will rise and changing game access for viewers. ESPN and ABC retain top packages, while NBC and Amazon Prime join the lineup. NBA Commissioner Adam Silver stated, "The length of the deals is good for the stability of the league."

🧅 Shrek Stars Return After 16 Years 

Source - Alamy

Shrek returns after 16 years with "Shrek 5," set to release on July 1, 2026. Mike Myers, Eddie Murphy, and Cameron Diaz will reprise their roles as Shrek, Donkey, and Princess Fiona. DreamWorks Animation confirmed the news on X, and Eddie Murphy hinted at a potential Donkey spin-off.

OTHER NEWS

📰 AOC Files Impeachment Articles Against Justices Alito and Thomas for Corruption

Source - Tom Williams/Getty Images

Rep. Alexandria Ocasio-Cortez filed articles of impeachment against Supreme Court Justices Samuel Alito and Clarence Thomas, citing "unchecked corruption." She alleges both justices failed to disclose gifts from wealthy conservatives and refused to recuse themselves from cases with personal conflicts. AOC called this a "Constitutional crisis threatening American democracy."  

🎬 Clooney Calls Biden Feedback "Devastating"

Source - David Livingston/WireImage

Longtime Democratic fundraiser George Clooney urged President Biden to step aside as the Democratic nominee in a New York Times op-ed. Clooney, reflecting on Biden's recent debate performance, stated, "It's devastating to say it, but the Joe Biden I was with three weeks ago at the fund-raiser was not the Joe 'big F-ing deal' Biden of 2010."

🛌 Small Savings Boost Sleep Quality

Regularly saving money, even in small amounts, can improve sleep and life satisfaction, a Bristol University report found. Setting aside a monthly sum helps people relax and feel more optimistic. Despite rising costs, saving enhances financial resilience and reduces anxiety. Andrew Gall from the Building Societies Association noted, “Everyone should be encouraged to save a little if they can, when they can.”

THIS DAY THAT YEAR

Source Britannica

On July 11, 1798, President John Adams signed a congressional act reestablishing the U.S. Marine Corps. Originally founded in 1775, this re-creation organized marines already enlisted in the Army and Navy, serving alongside them.

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