President Trump said the Supreme Court remanded a lawsuit over Fed governor COOK's qualifications to a lower court on procedural grounds. He said he will take immediate, appropriate action to ensure individuals he says committed misconduct do not continue making decisions on matters affecting the welfare of the United States.

At the 2026 Global Digital Economy Conference Space Compute Forum on June 29, Beijing unveiled the Beijing Space Compute Innovation Center, positioned as China’s first center to integrate the space-compute industry chain and coordinate upstream-downstream development. Operating under a company-plus-alliance model, the center will pursue full-stack collaboration across chips, hardware, platforms, AI, networks and applications to establish a space-compute production ecosystem. It will focus on six areas: space-native compute chip design and manufacture; high-performance, ultra-bandwidth space compute payloads; satellite platforms and ground verification infrastructure; large-model deployment with software-hardware co‑optimization; key technologies for space‑ground integrated cloud platforms; and satellite application technology innovation and scenario validation.

A Brazil central bank survey showed economists now expect 2026 GDP growth of 1.99% (previously 1.98%) and 2027 GDP growth of 1.68% (previously 1.70%).