Many newer cars require synthetic motor oil, not the old-fashioned “natural” stuff.
Category: 22 September 2026
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HOW RECORD DIESEL PRICES WILL SHAKE UP THE U.S. ECONOMY
The Iran War has sent the price of diesel fuel to new records, peaking at a national average of $6.31 a gallon on 16 September.
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GM WILL MAKE MISSILE PARTS FOR LOCKHEED MARTIN
General Motors will assemble missile housing parts for Lockheed Martin.
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U.S. BANKS FORESEE LESS INCOME FROM STOCK TRADING THIS QUARTER
The surge in revenue from stock trading in this year’s second quarter is not likely to be repeated in the third, executives with major U.S. banks warned at an industry conference last week.
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FED’S RATE HIKE WORSENS PRIVATE EQUITY’S SQUEEZE
Investors in private equity funds have been waiting for fund managers to cash out long-held investments and pay a return on those investments. However, those investments have been stuck.
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NEW CLAIMS FOR JOBLESS BENEFITS FELL IN THE MOST RECENT WEEK
In the week ending 12 September, the number of new claims for unemployment insurance fell by 10,000 from the week earlier.
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HOUSING STARTS DECLINED IN AUGUST
Construction of new homes declined 2.6 percent in August from July as the peak summer home sales season waned, the U.S. commerce department reported.
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U.S. IMPORT PRICES JUMPED IN AUGUST MORE THAN EXPECTED
The cost of the goods the U.S. imported last month was up 0.7 percent from July after declining by 0.3 percent for two months in a row.
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U.S. FACTORY OUTPUT DECLINED IN AUGUST
American factory production fell in August, surprising analysts who expected to see an eighth consecutive month of increases.
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U.S. RETAIL SALES SURGED IN AUGUST, BEATING FORECASTS
U.S. retail and food service businesses took in 1.2 percent more revenue in August than in July, marking the largest monthly increase since March.