Amazon said it will invest an additional $1 billion over the next five years in communities where it builds data centers, directing funds to education, job training, energy affordability and resource preservation. The company is framing the move as part of a push to keep pace in artificial intelligence as electricity demand rises. A report from Schneider Electric projects U.S. electricity demand will increase by 16% by 2029, driven mainly by the spread of data centers. Grassroots opposition has blocked at least 45 data center projects across 27 states valued at $68 billion, according to Environment America.

G7 leaders issued a joint statement confirming a coordinated release of 100 million barrels of oil reserves, starting immediately and lasting four months. The plan includes a frontloaded, substantial diesel release within the first 20 days by G7 members and partner countries. The move aims to address tight fuel supplies and elevated prices.

The U.S. Federal Aviation Administration is investigating a software glitch on some Boeing 737 Max jets that could cause an automated flight guidance system to disengage during an aborted landing, known as a goaround. The issue involves specific versions of the flight management computer operating system, and Boeing expects a permanent fix to be ready in 2028. The problem could also push back deliveries of the 737 Max 7.

A group of 53 former federal prosecutors and law enforcement officials told a court that Trump Media & Technology Group’s plan to sell Wall Street investors early access to President Donald Trump’s Truth Social posts may amount to federal crimes. The company’s Truth API data feed charges $100,000 and promises “realtime access to posts from the highestranking Truth Social accounts.” The service sits at the center of a Southern District of New York lawsuit brought by the Intercept and the Freedom of the Press Foundation, which is seeking a preliminary injunction to stop the early-access transmission.

The U.S. national average for gasoline rose 7 cents overnight to $4.44 a gallon, up nearly 50% since before the Iran war began in February. Diesel prices hit a record $6.40 a gallon, up 77 cents since the start of September, with California averaging $8.35. Analysts said gasoline could reach $4.50 later this week and diesel could climb to $6.60 as soon as this weekend. Ongoing conflicts involving Iran and Russia are squeezing global refining capacity and oil supplies, keeping fuel costs elevated.

The Federal Reserve launched its first interest-rate increase in more than three years to confront persistent inflation. Crude oil prices pushed above $100 a barrel amid the Iran war, driving gasoline up 38% from a year earlier and lifting the CPI to a three-year high of 4.2% in May, before it held at 3.4% in August. Policymakers projected one additional hike in 2026, and Kevin Warsh said the Fed could raise rates further if necessary. The Dow fell 631 points, or 1.2%, on the day.

U.S. officials said U.S. Coast Guard personnel and FBI agents boarded two energy tankers bound for Texas last month after the vessels were hit by cyberattacks while en route to the United States. One was the Liberian-flagged supertanker VL Prosperity heading to Galveston, where its propulsion, navigation and cargo systems were compromised near the Strait of Gibraltar, cutting communications for 30 hours. The ship can carry roughly 2.3 million barrels of oil. Officials warned that malicious code is already available and that artificial intelligence is accelerating the pace of the threat.

U.S. consumer prices rose 3.4% year over year in August, slightly above economists’ 3.3% forecast, as gasoline and diesel costs continued to climb. The national average diesel price rose more than 60% from a year earlier to $6.06, while gasoline averaged $4.30. The data arrive ahead of the Federal Reserve’s policy meeting next week, when officials will decide whether to keep raising interest rates.

The U.S. Food and Drug Administration has approved Moderna’s mRNA-based seasonal flu vaccine, mFLUSIVA, for adults ages 50 and older, making it the first mRNA influenza shot cleared by the agency. The decision follows earlier pushback over the company’s application and broader criticism of mRNA technology, after Moderna revised its filing. Moderna said it expects mFLUSIVA to be available for the 2026-27 flu season.