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From the BBC World Service: In India’s elections, early signs are pointing to a majority for a right-wing alliance of parties, led by India’s prime minister, Narendra Modi. It won’t be a landslide win, however. What does that mean for policy and the markets? And later in the program: Nigeria’s government says it’s made a new offer to try to bring the country’s general strike to a close.

At its recent meeting, the oil cartel OPEC+ agreed to keep its lower production limits in place to try to prop up fuel prices. To the concern of producers and the delight of consumers, crude has been going for less than $80 a barrel since the beginning of May. And that’s being reflected at the pump. Plus, what’s behind GM’s move from the landmark Renaissance Center in Detroit?

The Summer Olympics, which kick off in Paris next month, are set to bring more than 10,000 athletes and an estimated 15 million spectators to the French capital. Officials hope to keep sports at center stage, but behind the scenes, they’re preparing to fend off cyberthreats in high volume. In recent years, several Olympic host cities have faced and managed cyberattacks, but as Antoaneta Roussi, cybersecurity reporter at Politico, tells Marketplace’s Lily Jamali, this year could be worse.

A tax break that started out as a way for the government to incentivize homebuying has primarily benefited the wealthy, research shows, while costing the U.S. government $30 billion a year in tax revenue. That amount may more than double in 2026. Also in this episode: OSHA works on new heat guidelines for the workplace, construction spending falls, and the Federal Reserve wants interest rates to be “neutral.”

The results of a new Bloomberg poll indicate that the markets suspect a second Trump presidency would put the Federal Reserve’s independence in jeopardy. We’ll get into what the former president’s advisors have said about his plans for the central bank. And, Republicans are gearing up to challenge upcoming election results while Democrats prepare to counter those lawsuits. Plus, why we want to be Simone Biles when we grow up.

Here’s everything we talked about today:


“Launch of NASA Astronauts in Boeing’s Starliner Is Scrubbed” from The New York Times
“A Trump Win Would Threaten Fed Independence, Move Bonds: Poll” from Bloomberg
“Washington Journal: Stephen Moore on Economic Issues and Campaign 2024” from C-SPAN
“The legal fight over the 2024 election has begun” from Axios
“Congress Just Made It Basically Impossible to Track Taylor Swift’s Private Jet” from Gizmodo
“Clarence Thomas Secretly Accepted Luxury Trips From GOP Donor” from ProPublica
“Simone Biles cruises to 9th national title and gives Olympic champ Sunisa Lee a boost along the way” from The Associated Press

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Markets end mixed; Meme stocks soar; manufacturing weakens; Spotify raising prices.