Birthright citizenship, Trump’s crypto haul, Serena Williams and Medicare
7/1/202612 min
The U.S. Supreme Court upholds birthright citizenship in a blow to President Donald Trump’s agenda. Financial disclosures show he earned more than $1.4 billion from his family’s crypto ventures last year. Volatility in the U.S. tech sector fuels fears of a bubble. Millions of seniors get $50 weight loss drugs under a new Medicare plan. The FBI says ransom notes linked to the disappearance of Savannah Guthrie’s mother are fake. Thousands march across South Africa demanding migrants leave the country. And Serena Williams’ Wimbledon comeback fizzles out. Listen to the Morning Bid podcast here.
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First 90 secondsKim Vinnell· Host0:00
Hi, I'm Kim Vennell in Wanganui, New Zealand. It's Wednesday, July 1st. Today, [gentle music] the Supreme Court deals a blow to Trump and upholds birthright citizenship, but allows a ban on transgender athletes in women's sports. Medicare starts to test whether it's cost effective to offer seniors cheap weight loss drugs. And Serena Williams' Wimbledon comeback fail. This is Reuters World News, bringing you everything you need to know from the front lines in 10 minutes, seven days a week.
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Kim Vinnell· Host1:10
[gentle music] The US Supreme Court has delivered a major blow to President Donald Trump, rejecting his effort to restrict birthright citizenship. In a 6-3 decision, the justices reaffirm a core promise of the 14th Amendment: if you're born in the United