Economy
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Elon Musk says he'll give a share of SpaceX to every child in America in 2027
There are 72 million children under 18 in the U.S., according to U.S. Census data. Handing a share to every one of them would amount to about $10.5 billion worth of shares, based on the stock price at closing on Friday.
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End-of-week reports show price pressures across US economy
Import prices rose 1.1% from August to September and 8.1% from a year earlier — the largest 12-month increase since July 2022, when prices had risen by 8.8% over the previous year.
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Fed Chair Warsh offers no insight into rate decisions at IMF meeting
Speculation about additional hikes followed reports this week of unexpected increases in inflation.
