Trump-backed Ken Paxton ousts four-term Senator John Cornyn in their Texas race for the Republican nomination, handing Democrats a shot at Senate control in November. SpaceX squeezes the Pentagon for a fivefold Starlink price hike for its kamikaze drones during the Iran war. With gas prices topping $4.50 a gallon, Americans are ditching their cars – in one case for a pink Power Wheels Barbie Dream Camper. And India’s "Cockroach Janta Party" gets more Instagram followers than Prime Minister Narendra Modi’s BJP as Gen Z’s frustration goes viral. Listen to the Morning Bid podcast ⁠⁠here⁠⁠.

Sign up for the Reuters Econ World newsletter ⁠⁠here⁠⁠.

Listen to the Reuters Econ World podcast ⁠⁠here⁠⁠.

Visit the Thomson Reuters Privacy Statement for information on our privacy and data protection practices.

You may also visit megaphone.fm/adchoices to opt out of targeted advertising.

Learn more about your ad choices. Visit megaphone.fm/adchoices