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Rising diesel prices will mean rising grocery prices

The average price of a gallon of diesel just passed $6 for the first time late last week. Since then, it’s kept climbing and hit $6.31 a gallon this …

3 days, 19 hours ago

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Where interest rates go from here

Later today, we’ll learn whether Federal Reserve officials have decided to raise interest rates or leave them alone. Either way, economists and inves…

3 days, 22 hours ago

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AI safety requires action, not promises

AI leaders suddenly seem to agree on slowing down the AI race. Anthropic's Dario Amodei published an essay last weekend calling to "pace the frontier…

4 days ago

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Imports are way, way up

August marked the third-highest level of container imports to the U.S. on record. Sure, it’s usually a busy month for holiday shopping inventory, but…

4 days, 12 hours ago

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Why a 10-year bond at a 5% yield is a pretty big deal

The yield or interest rate on 10-year Treasury bonds has reached the critical threshold of 5%. This is a key rate because it’s tied to some major bor…

4 days, 19 hours ago

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Understanding the "stealthy wealthy"

Picture someone wealthy; your image may be of some tech billionaire. Now picture the wealthiest person you know. Odds are it's not a Silicon Valley t…

4 days, 23 hours ago

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What's an auction and how does it work?

A new season of “Million Bazillion” is almost here. But first, we’re resharing one of our favorite episodes. Today, Ryan and Bridget are answering He…

5 days ago

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Why AI models are obsessed with creatures

The problem of AI alignment has become a hot topic. It’s raised questions, like how do we get AI to do what we want, and not what we don't want? For …

5 days ago

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A cast of hawkish central bankers

At this week’s FOMC meeting, it’s likely Fed governors will hike interest rates. They won’t be alone. The EU raised rates last week and Japan is expe…

5 days, 12 hours ago

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More pain at the pump to come

Crude oil prices are up again this morning. For months, we've been hearing about the Strait of Hormuz, how the slowdown of oil tanker traffic there h…

5 days, 20 hours ago

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