Today in News History

On July 3, several notable moments in the history of News stand out. In 1754, French and Indian War: George Washington surrenders Fort Necessity to French forces. In 1849, France invades the Roman Republic and restores the Papal States. In 1863, American Civil War: The final day of the Battle of Gettysburg culminates with Pickett's Charge. In 1866, Austro-Prussian War is decided at the Battle of Königgrätz, enabling Prussia to exclude Austria from German affairs. In 1913, Confederate veterans at the Great Reunion of 1913 reenact Pickett's Charge; upon reaching the high-water mark of the Confederacy they are met by the outstretched hands of friendship from Union survivors. In 1927, Gérard de Courcelles, French race car driver passed away. In 1940, World War II: The Royal Navy attacks the French naval squadron in Algeria, to ensure that it will not fall under German control. Of the four French battleships present, one is sunk, two are damaged, and one escapes back to France. In 1944, World War II: The Minsk Offensive clears German troops from the city. In 1970, Dan-Air Flight 1903 crashes into the Les Agudes mountain in the Montseny Massif near the village of Arbúcies in Catalonia, Spain, killing all 112 people aboard. In 1988, United States Navy warship USS Vincennes shoots down Iran Air Flight 655 over the Persian Gulf, killing all 290 people aboard. Together, these milestones provide historical context for today's news news and ongoing narratives.

Fed and ECB Seen Diverging in French Snapshot of War Aftermath

Bloomberg

July 3, 2026

lean left

Fed and ECB Seen Diverging in French Snapshot of War Aftermath

The Federal Reserve will still need to hike interest rates this year despite Thursday’s numbers pointing to labor-market weakness, according to two French chief economists.

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