Live from NPR News in Washington, I'm Corva Coleman, the stock market's open ...
Billionaire Elon Musk's SpaceX company has now started selling shares on the NASDAQ stock exchange heard here.
“Stocks opened mixed this morning as SpaceX lives off as a public company.”
The public company, NPR Scott Horsley reports, the Dow Jones industrial average climbed about 130 points in early trading.
SpaceX is looking to raise $75 billion by selling a small stake in the company to public investors.
The funds would help to bankroll the company's space travel and artificial intelligence goals. Elon Musk will continue to control the vast majority of the company shares, and the public offering will boost his already substantial fortune. Mortgage rates are inching higher, pretty max as the average rate on a 30-year home loan is now just over 6.5%. Rates briefly dip below 6% earlier this year, but bounce higher after the U.S. launched its war with Iran. Asian stocks rose sharply overnight. Scott Horsley and PR News, Washington.
President Trump is floating a meeting with some top AI executives in coming days. NPR's Winsor Johnston says the president is expected to focus on ways the public can share in the wealth created by the tech industry.
“As policy holders debate who should benefit from artificial intelligence, Cornell tech professor Helen Nissenbaum says it's important to remember what AI is built on.”
We get sucked into the idea that the machines are creating rather than understanding that the machines are creating from what humans have created. Nissenbaum argues that everyday Americans don't get compensated for AI using what it gleams from them. Open AI has suggested a public wealth fund that could give all people a share of the AI profits while anthropic has called for policies to help workers benefit if the technology displaces jobs on a large scale. Winsor Johnston and PR News, Washington.
US men's national soccer team plays its first game of the FIFA World Cup tonight in Los Angeles, NPR's Becky Sullivan reports.
U.S. soccer has been planning for this world cup for a long, long time. After the Americans failed to qualify for the World Cup back in 2018, they cleaned house in a new staff brought in a whole new generation of young players to develop. The 2022 tournament was a first test for the young squad. They reached the round of 16. Now, they're older. The core is in their prime and they're playing here at home.
Here's midfielder Tyler Adams. This is like, for me, the biggest opportunity to just really grow the game, like to inspire people to show that American players are at the level of the rest of the world.
Paraguay is the first of the team's three group stage matches.
Next up, we'll be Australia, then Turkey, then the team hopes a run in the knockout round. Becky Sullivan and PR News, Los Angeles. You're listening to NPR. President Trump says that deal with Iran is very close, and something could be signed in Europe within days. Iran's foreign ministers denied this.
Yesterday Trump threatened to bomb Iran heavily. Our leader, he walked that back saying he'd canceled the attacks and an agreement was close. No details of an agreement have emerged. A new report suggests many aspiring teachers in the U.S. are not being adequately prepared to instruct students on how to read. NPR's Caden Mills has more.
The report from the National Council on Teacher Quality looks at more than 700 elementary teacher prep programs across the U.S. and finds only about half prepared educators to teach according to the science of reading. And very few programs adequately equipped teachers to teach reading to English language learners who make up a growing share of students. Federal testing shows a majority of students struggle to read at grade level. Lacking most in teacher prep programs is instruction on how to teach students to distinguish different sounds and recognize what letters they go with according to the report.
The report also notes programs may be hiding from accountability by not participating in the review. Most programs that opted out had previously received failing scores. Caden Mills and PR news contemporary artist David Hockney has died at the age of 88 according to his publicist. Hockney who was born in the United Kingdom painted colorful views of California that led some to call him an icon. His pool seems gained him much admiration.
On core of a Coleman and PR news.
“Each story you hear on planet money starts with a question. What happens if we refund tariffs? Why are grocery so expensive?”
An NPR we stand for your right to be curious because the forces shaping our world can be hard to see. Follow NPR's planet money wherever you get your podcasts and start seeing how the economy really works.
