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[h=4]5 things you need to know Tuesday[/h]The biggest and most buzzworthy news to start your morning.
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Demonstrators during a rally in Athens, Greece, 29 June 2015.(Photo: Milos Bicanski, Getty Images)
1. Greek $1.8 billion IMF loan repayment due
Greece was hours away from defaulting on a $1.8 billion loan repayment to the International Monetary Fund on Tuesday, setting the stage for a tense showdown with its international creditors. On Sunday, Prime Minister Alexis Tsipras announced banks would be closed for six days after the European Central Bank said it won't increase the level of emergency credit to help them. Restrictions have also been placed on cash withdrawals. Greece is due to hold a referendum on July 5 on whether to accept austerity measures demanded by its international creditors in return for releasing the final $8 billion of a $270 billion financial crisis aid package. A default could increase the possibility of Greece leaving the 19-member eurozone.
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This isn't the first time Greece has defaulted financially. USA Today editor in chief David Callaway discusses the global impact, particularly on the Euro. Shannon Rae Green (@shannonraegreen), David Callaway (@dcallaway), Jasper Colt
2. Apple Music launches — and it's free to start
The new music streaming service from Apple -- perhaps made (more) popular by Taylor Swift -- will make its debut Tuesday. For $9.99 a month, Apple Music subscribers can access the full iTunes library -- think Pandora meets Spotify (two of its biggest competitors). Apple Music also aims to personalize its music by making suggestions based on customers' preferences. The much-anticipated debut comes after Swift influenced Apple to reverse its decision to give artists no royalty payments during its three-month trial period. To get Apple Music, you'll need to download the new iOS update to find the new Apple Music application on the home screen.
3. U.S. Women face toughest opponent yet
The USA has their swagger back. Despite a semifinal showdown with tournament favorite and world No.1 Germany on Tuesday (7 p.m. ET), the U.S. is showing more confidence than at any time over the past month. The team will rely on tips from Ali Krieger, the only fluent German speaker on the U.S. squad who played professionally for 1. FFC Frankfurt for five years. They'll also rely on goalkeeper Hope Solo, who hasn't been tested much this tournament. Regardless of whether the USA wins or loses, they'll play one more game: either Saturday for third place if they lose against Germany, or Sunday for the championship.
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USA TODAY Sports' Nancy Armour breaks down the huge semifinal between top-ranked Germany and second-ranked U.S. at the Women's World Cup. USA TODAY Sports
4. Chris Christie is set to join the crowded GOP presidential race
Many Republicans urged New Jersey Gov. Chris Christie to seek the 2012 GOP presidential nomination, but he decided against a bid. Not so for 2016: He's expected to join the race Tuesday at an event at his former high school in Livingston, N.J., making him the 14th Republican to announce intentions for the White House. At this point, Christie, who will remain in office during his campaign, is a long-shot presidential contender. Here are six things to know about him.
5. Leap second at 8 p.m.: How will you spend it?
Get ready to add an extra second to your day. At midnight Coordinated Universal Time (8 p.m. ET on Tuesday), a leap second will take place to adjust the Earth's time in coordination with an atomic clock created in the 1950s. Scientists say the speed of the earth's rotation is inconsistent, so the UCT allows for a more accurate measurement of time. An extra second is added to our clocks around every 10 years and is particularly important for things like GPS navigation, to accurately measure location and distance.
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June 29 -- Bloomberg's Bob Ivry reports on the June 30 leap second adjustment and its possible impact on stock market exchanges and other computer networks. He speaks on "Bloomberg Markets." Bloomberg
And, the essentials:
Weather: Scattered thunderstorms will pelt portions of the eastern U.S. while the western heat wave continues.
Stocks: U.S. stock futures were higher Tuesday.
TV Tonight: Wondering what to watch tonight? TV critic Robert Bianco looks at Flash and Seeds of Conflict.
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