York Times

• Right-wing populists in Europe are increasingly promoting support for air-conditioning as the continent faces intensifying heatwaves. • This shift represents a political pivot, as these groups move toward endorsing energy-intensive cooling solutions to appeal to sweltering voters. • The trend highlights the growing tension between urgent climate adaptation needs and the environmental goals of reducing carbon emissions.

• The Supreme Court expanded the president's authority to fire independent government regulators, though it explicitly ruled that Federal Reserve officials cannot be fired at will. • In a ruling against President Roosevelt, the Court distinguished between officials performing "executive functions" and those exercising "executive power." • The Court determined that the duties of the Federal Trade Commission (FTC) are predominantly quasi-judicial and quasi-legislative rather than political or executive.

• The Supreme Court ruled that the Trump administration had the legal authority to terminate Temporary Protected Status (TPS) for certain migrants. • The decision follows a decade-long effort by immigration hard-liners to remove deportation protections, specifically targeting groups such as Venezuelans. • This ruling is a significant victory for the Trump administration, which previously claimed that judicial interventions blocking these policies constituted "judicial tyranny."

• Consumer sentiment in the United States has increased in recent weeks, reversing a downward trend seen earlier this year. • According to a University of Michigan survey, the decline began following U.S. and Israeli strikes against Iran in February and was exacerbated by soaring energy costs. • This shift indicates a positive change in how Americans perceive the economy after a period of instability and rising prices.

• Gulf Arab nations are fundamentally reshaping their defense strategies, economies, and trade routes following three months of intense regional conflict. • The shift is driven by concerns that an emerging diplomatic deal between the U.S. and Iran may leave these countries vulnerable to Iranian influence. • To mitigate risks, these states are diversifying their security partnerships and altering long-term economic planning to reduce reliance on single-power protections.

• The Supreme Court's conservative majority ruled 6-3 in favor of the Trump administration on two significant immigration policy disputes. • The decision allows the government to revive an asylum metering policy to restrict asylum seekers from physically entering the U.S. and terminate protections for over 350,000 Haitians and Syrians. • These rulings matter as they grant the executive branch broader authority to limit immigration and end temporary protected status for specific foreign nationals.

• New Federal Reserve Chairman Kevin M. Warsh has pledged to restore price stability to combat ongoing U.S. inflation problems. • Internal divisions have emerged within the central bank regarding whether achieving this stability will necessitate higher borrowing costs. • Warsh is currently opposing the practice of sending explicit signals to the public about the future path of monetary policy.