Diesel shortage to last until 2027 as Iran war disrupts supply (IEA)
A garbage truck tops gasoline prices above $6 per gallon and diesel prices above $8 per gallon, posted outside a Shell gas station in Carson, California, September 22, 2026. Patrick T. Fallon | Afp | Getty Images Constraints on the diesel market will…
Iran War Costs U.S. Households $2,000 Each, Moody’s Says
new York — The deeply unpopular war in the Middle East continues to send economic shockwaves across America. Whether it’s $4 gas, 7% mortgage rates or higher airfares, the war in Iran is significantly raising the cost of living for inflation-weary…
Rising gasoline prices fuel new inflation fears in the United States
A rise in energy costs is expected to lead to an overall rise in U.S. consumer inflation, with September figures estimated at 0.6% on a monthly basis by economists polled by Reuters. Official CPI data for September is expected to be released later today.…
Anthropic warns that small AI models could soon form self-propagating IoT botnets
Delighted LakshmananOctober 13, 2026Artificial intelligence / IoT security It may be months before small artificial intelligence (AI) models develop self-replicating capabilities on IoT devices such as smart ovens and off-brand Android TV boxes,…
Wall Street sees inflation easing even with oil above $90
The U.S. Consumer Price Index (CPI) report is expected to be released on Wednesday, with economists predict that key inflation indicators continued to moderate in September despite high oil prices, giving the Fed room to slow the rise in interest rates.…
Dodgers owner Mark Walter faces new lawsuit against his insurance empire
The fact that the Los Angeles Dodgers find themselves in a 2-0 hole in the NLCS isn’t Mark Walter’s only worry right now. The majority owner and chairman of the Dodgers was the subject of a lawsuit alleging that he and two of his insurers,…
Google Antigravity is now integrated into the Gemini app for macOS
As part of the current Gemini 4 Argon rollout, Google is making a significant update to the Gemini app for macOS by integrating Antigravity. Antigravity is Google’s agent-focused development platform, with version 2.0 introduced at I/O 2026. It was…
Colorado Breweries Win Big at the 2026 Great American Beer Festival
Colorado was well represented at the 2026 Great American Beer Festival. The state won dozens of medals, including the Brewery of the Year award, and has seven first-time winners. “Colorado continues to show why we call ourselves the Craft Beer State,”…
ASML says it will generate interest in orders through 2030 thanks to AI demand
The head office of ASML Holding NV in Veldhoven, the Netherlands on November 14, 2025. Bloomberg | Bloomberg | Getty Images ASML said Wednesday that some of its customers are expressing interest in placing orders for its critical semiconductor tools for…
Existing single-family home sales are hitting the bottom of a 4-year dumpster, supply is at an 11-year high. Condo sales at an all-time high and supply at an all-time high
The affordability crisis has eased in markets where housing prices have fallen in recent years and hourly wages have risen, but has worsened in others. By Wolf Richter for WOLF STREET. Existing single-family home sales in September continued to hit the…