CBS News Roundup - 06/27/2025 | World News Roundup Late Edition

In a win for the Trump administration, the Supreme Court rules judges lack the authority to grand nationwide injunctions.

In another ruling, the Supreme Court says Maryland parents can pull their kids from public school lessons using LGBTQ books.

President Trump calls off trade talks with Canada over tax on tech firms.

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Marketplace All-in-One - SCOTUS’ nationwide injunction decision and the economy

The Supreme Court today ruled to limit the ability of federal judges to issue nationwide injunctions blocking President Trump’s executive orders. The decision will have major implications for how businesses push back against federal policy in the United States. We’ll get into it. And, American consumers aren’t feeling too hot about the economy. How much do those feelings matter? Plus, we’ll play a round of Half Full/Half Empty!


Here’s everything we talked about today:




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State of the World from NPR - How Russia Sees Itself in the World

Ever since Russia launched its full-scale invasion of Ukraine, the majority of western countries have been working to marginalize Russia by imposing sanctions and moving away from dependence on Russian oil. This week NATO announced most member countries would dramatically increase defense spending, a move they said was meant to counter threats posed by Russia.

But Russia is eager to show it still has many partners around the globe and quash talk of a possible economic recession at home. Our correspondent takes us to an international conference in Saint Petersburg where the Russian government is putting it's best face forward.

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Planet Money - When Trump met crypto

In 2019, President Trump tweeted: "I am not a fan of Bitcoin and other Cryptocurrencies." Today, the Trumps are all over crypto.

There are memecoins for Trump and the first lady. They own a stablecoin, a bitcoin mining operation, and a crypto financial services company. And, at the Bitcoin 2025 conference, Trump's media group announced they're raising 2.5 billion dollars from investors to buy bitcoin.

At that same conference, speakers included two White House advisors, two sons of the US president, the son of the U.S. Commerce Secretary, and a Trump appointee to the Securities and Exchange Commission. For a cryptocurrency built on independence from big government, this was a swerve.

So, what happens when the President of the United States showers his love on the crypto community ... while also becoming a crypto entrepreneur himself? We follow along as Trump Inc.'s Ilya Marritz and Andrea Bernstein spend three days at the Las Vegas conference center where convicts are cheered, oversight and regulation are booed, and the separation of crypto and state no longer applies.

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PBS News Hour - World - Venezuelan immigrants in Chicago live in fear after loss of temporary legal status

The Trump administration announced Friday that starting on Sept. 2, Haitians cannot remain in the U.S. under temporary protected status. It’s part of a broader change by the administration to revoke legal protections for citizens of several countries, including Venezuela. Many Venezuelan migrants ended up in Chicago, where special correspondent Fred de Sam Lazaro reports about a community on edge. PBS News is supported by - https://www.pbs.org/newshour/about/funders

1A - The News Roundup For June 27, 2025

NATO leaders met this week and promised to increase defense spending to 5 percent of GDP.

Meanwhile, Donald Trump claimed at that same summit that the U.S. strikes on nuclear sites in Iran had "completely and fully obliterated" the country's nuclear program. American intelligence reports, however, indicate the attack only set Tehran back a few months.

Zohran Mamdani, the New York assembly member representing the state's 36th district, is expected to be the Democratic party's nominee for mayor after former New York Gov. Andrew Cuomo conceded this week.

Following a meeting between Trump and Ukrainian President Volodymyr Zelenskyy, the president suggested he was open to sending more Patriot air defense systems to Ukraine.

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Marketplace All-in-One - All eyes on the inflation data

It's been a big week for economic data, with key reports on GDP, PCE, retail sales and consumer sentiment numbers. Bloomberg's Kate Davidson and the Wall Street Journal's Greg Ip join “Marketplace” host Kai Ryssdal to discuss the data, what's happening with inflation and how much tariffs are feeding into prices. Also on the show: Disposable income dipped in May. What does this slowdown in income growth mean for the broader economy? Plus, a conversation with Tim Cadogan, CEO of GoFundMe, about the future of charitable giving.


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Consider This from NPR - The Supreme Court just lifted a key check on presidential power

Three different federal judges have issued nationwide blocks to President Trump's executive order to deny U.S. citizenship to some babies born to immigrants in the U.S.

These court orders are called universal injunctions.

But when the case reached the Supreme Court, the administration didn't focus on the constitutional right to birthright citizenship.

Instead, government lawyers put most of their energy into arguing that universal injunctions themselves are unconstitutional.

And on Friday, in a 6-3 decision on ideological lines, the Supreme Court agreed — limiting the power of lower courts and lifting a key restraint on the Trump administration.

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