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Airline industry group says higher jet fuel costs will push ticket prices higher; OPEC+ extends oil production cuts into 2025; China’s manufacturing sector rebounds; more women become CEOs of S&P 500 companies.

As you’ve likely heard by now, Claudia Sheinbaum won Mexico’s presidential election in a landslide victory and is slated to become the nation’s first female president. But Mexico is facing a major budget deficit, exacerbated by spending on infrastructure and social programs. We’ll discuss what Sheinbaum’s win means for the economy. Plus, we’ll examine the latest in the meme stock craze after the value of GameStop shares soared in premarket trading.

This week, we’re examining the ways cities are adapting to the future of how we live and work. Some of these changes were sped up by the pandemic, but some are a long-time coming — like evolving tech in the auto industry. In Detroit, an abandoned train station has been brought back to life by the Ford Motor Company as a center for tech innovation. Will the investment pay off? But first: automakers and deep sea mining.

From the BBC World Service: Mexico is set to elect its first female president, and South Africa’s African National Congress party has lost its majority after 30 years. So what will that look like for the economies of both countries? Then, a BBC investigation finds evidence about the fate of Ruja Ignatova — the woman on the FBI’s 10 most-wanted list for her alleged participation in a fake crypto scheme worth $4.5 billion.

Artificial intelligence has been used to help translate election candidates into hundreds of different languages — but also to create deepfakes of Bollywood stars and spread false news. The BBC’s Arunoday Mukharji reports.

The latest data from the Federal Reserve’s favorite inflation measure hinted that inflation is cooling. But the Fed is still on guard, meaning higher interest rates for longer than many had expected. We’ll get into how that will likely be felt differently by Americans at opposite ends of the income spectrum. Then, we’ll get into the risky return of zero-down mortgages. Plus, we’ll weigh in on Chevy Malibus and merch during a round of Half Full/Half Empty!



Here’s everything we talked about today:


“Inflation Remains Steady, With Signs of Further Cooling” from The New York Times
“Zero-down mortgages are making a comeback” from CNN
“CFPB Launches Inquiry into Junk Fees in Mortgage Closing Costs” from the Consumer Financial Protection Bureau
“GM to discontinue the Chevy Malibu later this year” from Marketplace
“Zoom cashiers may signal a new era of digital offshoring and remote work” from Marketplace
“Venice’s new admission fee cannot curb overtourism” from The Economist
“Chobani Yogurt Founder Buys Anchor Brewing Company” from The New York Times
“The End of Merch” from GQ



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