ECONOMYDIFFERENT FOCUSToday

Tesla Roadster Flying Car Unveiled

Elon Musk demonstrated the new Tesla Roadster flying and flipping in Texas on Thursday.

SHARED REPORTINGBOTH SIDES REPORT

DIFFERENT FOCUS

PBS NewsHour Economy emphasized Delivery Delays, Distant Reality; Fox News Tech emphasized Spectacle And Engineering Marvel.

LEFT FOCUS

▸Tesla shares climbed about 2% in morning trading Friday after the unveiling. — PBS NewsHour Economy

RIGHT FOCUS

▸The car drove up a curved ramp upside down, launched into the air, flipped, and landed safely. — Fox News Tech
▸Tesla demonstrated claimed acceleration from zero to 60 mph in 0.81 seconds. — Fox News Tech

Bank of America $1.2B Treasury Fine

Treasury Department fined Bank of America over $1.2 billion for sanctions and anti-money laundering violations

DEVELOPING TIMELINE

First Report Thursday: The US Treasury fined Bank of America $1.2 billion for anti-money laundering and sanctions violations.

Sunday: Treasury fine now cites Chinese money laundering networks

Left: Third-largest Treasury penalty ever imposed.

Right: Tied to Chinese networks and border criminals.

Inflation rose to 3.7% in September, the last CPI report before midterm elections.

DEVELOPING TIMELINE

First Report Oct 14: Economists expect September consumer prices to rise 0.6% monthly and 3.6% year-over-year, driven by energy costs.

Sunday: September CPI report confirms 3.7% annual inflation rate

Left: Prices hit everyday Americans on essentials.

Right: Rising prices spell trouble for Trump's party.

Trump signs executive order waiving Russia sanctions and tariffs mandated by the Graham Act.

Left: Sanctions targeting Russia's Ukraine war dropped early

Right: Graham Act halted in name of national interest

Secretary Rubio arrived in Mumbai Tuesday for talks with Foreign Minister Jaishankar on trade and energy.

DEVELOPING TIMELINE

First Report Tuesday: US Secretary of State Marco Rubio arrived in India to meet Foreign Minister S. Jaishankar amid stalled trade negotiations.

Today: Rubio pushes U.S.-India energy cooperation and trade deal

Left: sees a diplomatic push for closer U.S.-India ties.

Right: focuses on Rubio urging India away from Russian oil.