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SCOTUS shields Lisa Cook, South Africa’s migrants and Germany out

The U.S. Supreme Court hands President Donald Trump the power to fire independent regulators but draws a line at the Federal Reserve. In South Africa, fears mount that planned anti-immigrant marches could turn violent. Police say an Australian man has made a partial confession to causing the death of a 17-year-old Thai girl. NATO warships drill off the U.S. East Coast as Trump threatens to pull back from Europe. And Paraguay knocks four-time champions Germany out of the World Cup on penalties. Listen to the Morning Bid podcast ⁠⁠here⁠⁠. Sign up for the Reuters Econ World newsletter ⁠⁠here⁠⁠…

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