On July 1, 2025, the US Senate passed the 'Big Beautiful Bill' by 51-50, extending tax cuts and increasing spending. The bill, now heading to the House, is projected to increase national debt by over $3.3 trillion and reduce healthcare coverage, with 11.8 million Americans potentially losing health insurance by 2034.

In July 2025, CISA warned that an Iranian hacker group threatened to release 100GB of private emails from top aides to former President Donald Trump, prompting the U.S. Attorney General to call these threats an 'inconceivable cyberattack'.

On July 1, 2025, Ukraine launched a long-range drone attack on the Kupol military plant in Izhevsk, Russia, which produces anti-aircraft missile systems, resulting in at least three deaths.

On July 1, 2025, Kim Jong Un mourned North Korean soldiers killed fighting for Russia in Ukraine during a public event in Pyongyang, marking the first anniversary of the North Korea-Russia treaty.

Clio acquired vLex for $1 billion in July 2025, combining Clio's practice management capabilities with vLex's AI and global legal database, expanding Clio's enterprise opportunities.

Banco Sabadell's president stated that shareholders accepting BBVA's takeover bid would not receive the extraordinary dividend from the TSB sale, despite the bank increasing shareholder returns to 3.8 billion euros.

On July 1, 2025, Germany lowered its gas supply warning level, indicating a stable situation due to eased supply bottlenecks, with main suppliers now being Norway, the Netherlands and Belgium.

On July 1, 2025, Ukraine received $500 million from the IMF for budget needs, part of the $15.5 billion EFF program, bringing total funding to $10.6 billion.

On June 30, 2025, the FT News Briefing discussed the expected surge in US bank takeovers driven by a shift in the regulatory climate and regulators encouraging consolidation by speeding up approval processes.

On June 30, 2025, Nissan announced voluntary job cuts at its Sunderland plant in the UK, affecting approximately 250 positions, due to financial struggles and a larger restructuring plan.

On July 1, 2025, The New York Times reported that Saks Fifth Avenue faces creditor and vendor unease six months after acquiring Neiman Marcus, with small-business owners reporting missed payments and losses.

On July 1, 2025, RNZ's midday business news and the Update Wirtschaft broadcast covered economic topics, providing updates on economic matters.

RNZ published Business News for 2 July 2025, including a market report and midday business news with a market update.

BBC's Asian Network Motivation released a new episode, 'Lessons in mistakes' with Dúaa Karim, on June 30, 2025, exploring how owning mistakes can spark growth.

On July 1, 2025, heavy flooding in central China's Hubei province resulted in the deaths of 9 people, with 8 missing, and the evacuation of tens of thousands.

On July 1, 2025, German Foreign Minister Johann Wadephul secretly visited Odessa, Ukraine, with his Ukrainian colleague Andrij Sybiha, to assess damage from Russian shelling and to urge continued air defense support.

On July 1, 2025, Ukrainian forces attacked Donetsk with Storm Shadow missiles, impacting the city center and resulting in the death of a woman and injuries to two others.

On July 1, 2025, Lenta.ru reported that Russia used Chernika drones, including the Chernika-1 (80km range) and Chernika-2 (100km range, 3.5kg warhead), to attack Ukrainian military targets.

On June 30, 2025, Russian forces launched a large-scale attack on Ukraine, targeting military and dual-purpose facilities in six regions, including Odessa, with Russia claiming to have intercepted 144 Ukrainian drones.

US Special Envoy Keith Kellogg and Russian officials have conflicting views on Ukraine peace talks, with Kellogg accusing Russia of delaying negotiations and Russia claiming Ukraine and NATO are prolonging the conflict.

On June 30, 2025, Kyiv denied any Russian army advances in the Sumy and Dnipropetrovsk Oblasts, while reporting Russian shelling resulted in casualties in the Kherson and Donetsk Oblasts.

On July 1, 2025, Germany increased inspections of tankers in the Baltic Sea, demanding proof of spill insurance and targeting ships heading east to counter Russia's 'shadow fleet' and improve maritime safety.

NATO's summit highlights Ukraine's difficult situation on the battlefield, with Ukraine gradually being pushed to the sidelines of NATO's agenda, despite European efforts to keep it a priority.

Karishma Patel, a former BBC newsreader, resigned from the BBC, citing its coverage of the Israeli-Palestinian conflict as the reason, arguing that the BBC's editorial choices are influenced by fear of criticism.

An opinion piece by Frank Bruni compares the exhibitionist tendencies of Trump and Bezos, highlighting their use of public platforms to project strength and virility and suggesting that their displays of bravado reveal deep insecurities.

The New York Times published opinion pieces discussing Trump's policies and recent Supreme Court decisions, including a bill that would provide $45 billion for new immigrant detention centers and nearly $30 billion to supercharge ICE.

Kremlin Spokesman Dmitry Peskov criticized U.S. Senator Lindsey Graham's proposed sanctions bill targeting Russian oil, calling Graham a 'Russophobe' and questioning if the sanctions would help Ukraine peace efforts.

NOAA extended access to satellite data for hurricane forecasting until July 31, 2025, after initially planning to cut access on June 30 due to cybersecurity risks, a decision that could impact the National Hurricane Center's data during hurricane season.

Grammarly acquired Superhuman on July 1, 2025, to expand its AI-powered productivity suite and integrate AI into email, with Superhuman CEO Rahul Vohra and over 100 employees joining Grammarly.

In July 2025, Pam Bondi claimed the FBI was reviewing 'tens of thousands' of videos related to the Jeffrey Epstein sex trafficking investigation, though lawyers and officials involved in the cases were unaware of such recordings.