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Good morning. Today we’re tracking a quiet airport security shift, an Apple leak exposing iPhone 18 Pro suppliers, and a World Cup knockout round already full of surprises. We’ll also cover moves in Washington, markets, tech, culture, and sports.

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President Trump bought between $1 million and $5 million in Axon Enterprise stock on February 10, federal disclosures show, two weeks before ICE issued a five-year notice seeking roughly 17,800 new Tasers worth up to $220 million. Three policing experts told CNBC the notice's specifications appeared tailored to Axon products, even though it never named the company.

White House spokesperson Anna Kelly called the scrutiny "a tired narrative," noting Trump's assets are held in a trust managed by his children and his investments by independent third-party firms. Under federal law, presidents are exempt from the criminal conflict-of-interest statute that applies to most executive-branch officials.

A bomb seriously injured three people at a residential building in Monaco on Monday, with police confirming a Ukrainian oligarch and his family were the targets. The attacker reportedly fled across the border into France within minutes of the explosion.

French and Monégasque authorities have opened a joint manhunt, with the investigation already drawing in counterterrorism units from Italy and Switzerland. Russian-linked criminal networks are an early line of inquiry, though officials cautioned the motive remains unconfirmed.

About 20 US airports — including Kansas City and San Francisco International — already use private contractors instead of TSA officers to screen passengers and bags. Hartsfield-Jackson Atlanta International is now considering joining the Screening Partnership Program, which would mark the largest hub yet to make the switch.

VMD Corp. runs Kansas City under TSA oversight, with the federal agency auditing rather than staffing checkpoints. GAO's Tina Won Sherman said the program had plateaued for years before the current administration began actively pushing more airports into the model.

Angry Venezuelans are openly accusing the government of negligence over its earthquake response as aftershocks continue and rescue operations slow. Interim President Delcy Rodriguez faces the sharpest public-trust challenge of her brief tenure.

South African authorities deployed heavy security Monday as anti-migrant protests spread across Johannesburg and Pretoria. The government had publicly warned that the demonstrations risked escalating into xenophobic violence, echoing the 2008 attacks.

Six people are presumed drowned after a charter boat sank in Howe Sound near Vancouver, the Royal Canadian Mounted Police confirmed Monday evening. Coast Guard and local marine units suspended active search operations at sunset.

At least one inmate at a North Carolina county jail got hold of keys used to unlock cell doors, sparking an hours-long standoff in which guards were taken hostage. The sheriff has not yet detailed how the keys were obtained or what triggered the takeover.

President Trump announced he will nominate Keith Sonderling, the acting labor secretary, to take on the role permanently. Senate confirmation hearings are expected in mid-July as the nomination moves through the HELP Committee.

Defense companies and their trade groups are pressing Congress not to require Pentagon approval for stock buybacks under a pending Senate bill. The lobbying push is one of the largest mobilizations by the defense industrial base since the Iraq war ramp-up.

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The Dow crossed 52,000 Monday for the first time as Alphabet surged nearly 5% in its debut trading session as a Dow member. S&P 500 gained 1.18% and the Nasdaq rose 2.07%, with the pause in US-Iran hostilities adding to broad market confidence.

Citi Wealth is urging clients to move out of excess cash given persistently hot inflation, recommending bonds, gold, and broad equity exposure instead. The ote lands ahead of a Friday jobs print Kalshi traders expect to disappoint.

Eli Lilly and Regeneron are joining a new FDA precheck pilot for biologics manufacturing, designed to compress approval timelines on new facility builds. The program is the agency's most significant industrial-policy initiative under the current administration.

A Tata Group data leak exposed Apple's iPhone 18 Pro supplier list, parts roster, and component photos. Disclosure threatens the carefully negotiated supplier-secrecy framework Apple has spent two decades building globally.

Waymo and Uber launched a joint robotaxi pilot in Phoenix, with self-driving cars dispatched through the Uber app and DoorDash autonomous deliveries. Deal pairs Waymo's autonomy stack with Uber's hailing volume for the first time at scale.

WhatsApp will let users start chats without exchanging phone numbers, a structural privacy update Meta has been testing in select markets since spring. Rollout begins in the US and India over the next several weeks.

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José Canale scored on the first sudden-death penalty and Orlando Gill made two saves in the shootout as Paraguay beat Germany 4-3 on penalties for the biggest upset of the 2026 World Cup. Germany now exits in the round of 16 for the third straight tournament.

Seiya Suzuki hit a game-ending single off Mason Miller in the ninth as the Cubs beat the Padres 3-2 to open a critical July road trip. Chicago has now won four of its last five against the NL West.

Gabriel Martinelli scored in the 95th minute for Brazil, finishing a 2-1 comeback victory over Japan that kept the five-time champions alive in the World Cup. Japan had equalized in the second half and appeared headed for extra time before Martinelli's stoppage-time strike ended it.

NBA free agency opened Monday, with Austin Reaves re-signing the Lakers on a four-year, $185 million deal and James Harden declining his $42 million option to seek a new contract in Cleveland. Giannis Antetokounmpo's blockbuster trade to Miami sets the table for a free agency period analysts are calling one of the richest in recent memory.

Danielle Brooks launched The InnerMission Tuesday, a video podcast focused on mental health and self-discovery, available on YouTube, Spotify, and Apple. Brooks, an Oscar nominee for The Color Purple, said the show grew from her own therapy and a desire to build community around healing.

Walton Goggins told an interviewer he saved Olivia Wilde's life on the set of Cowboys & Aliens, pulling her out of the path of a horse stampede. Wilde has confirmed the account on her own podcast in recent weeks.

Carl Rinsch was sentenced to 30 months in federal prison after swindling Netflix out of $11 million during the production of an unfinished sci-fi series. Sentencing closes one of the strangest fraud cases in modern streaming history.

What it is: For 91 years, the heads of America's independent regulatory agencies could only be fired by a president for specific misconduct — not political disagreement. Monday's 6-3 Supreme Court ruling reversed the 1935 Humphrey's Executor precedent that built this firewall between the White House and federal oversight. Agencies including the FTC, EEOC, CPSC, NLRB, and MSPB now operate without any formal protection from presidential removal. Congress spent nine decades deliberately designing independence into the regulatory system — Monday's ruling retroactively undid most of that work.

The detail: Congress built independent agencies from the 1880s onward to insulate market regulation from partisan politics, deliberately limiting White House control. Trump fired Democratic FTC commissioners earlier this year, leaving the commission staffed entirely by Republicans — a restructuring Monday's ruling now formally authorizes. Beyond the FTC, Democratic members of the Equal Employment Opportunity Commission, the Merit Systems Protection Board, and the Consumer Product Safety Commission have also been removed. None of them will be reinstated.

Why it matters: Independent agencies regulate banking, labor, consumer products, equal employment, and securities markets — sectors affecting hundreds of millions of Americans daily. Both parties now have legal authority to reshape these agencies along partisan lines every time the White House changes hands. A Democratic administration in 2029 would inherit the identical power to fire Republican-appointed regulators and replace them immediately. What was designed to be a neutral check on markets and employers is now just another arm of the executive branch.

What to watch: The Federal Reserve is the biggest remaining question, with the Lisa Cook firing case sent back to lower courts without clarifying presidential firing authority over Fed governors. If lower courts rule the precedent applies to the Fed, interest rate independence becomes a presidential lever. Congress could pass new protections restoring agency independence — but Republicans currently show no appetite for limiting a power they just won. What happens in the next 18 months at the FTC will be the clearest preview of how this ruling reshapes American markets.

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—The Five Minute Daily Team