BLS said Thursday that producer prices rose 1.3% in September — the biggest monthly gain since March 2022 — and 6.3% over the year, well above the 0.6% / 5.5% forecasts. Goods rose 2.6%, energy drove most of it, gasoline in the PPI basket jumped sharply, and BLS linked nearly half the rise in intermediate goods to diesel. Core PPI (ex food, energy and trade) rose 0.5% on the month, 5.0% on the year in one cut, 0.7% / 5.0% in the final-demand core cut — either way, hotter. Retail sales told the other half: headline +0.8% beat forecasts, but ex-gas and ex-autos-and-gas it was only +0.2%, statistically flat — the gain was fuel stations, not broad spending. Markets rotated instead of crashing: Dow +1.08% to 52,178, S&P 500 +0.33% to 7,744, Nasdaq +0.08%, while AI / chip names kept sliding on debt worries and the 10-year fell to 5.09%. FedWatch odds for an October hike sat in the high-20s to mid-30s depending on the snapshot, with a December hike now heavily priced. Sources: Transport Topics / AP · WSJ markets · Reuters retail sales via Northland · Investopedia.

President Trump said Thursday the Dec. 3 firing-squad execution of Nidal Hasan will not be livestreamed, overruling Defense Secretary Hegseth's plan. Hasan killed 13 and wounded 32 at Fort Hood in 2009. Trump said streaming might have been a deterrent but many people did not want to watch him die; victims' immediate families may still attend in person. Reuters reported the White House was not aware of the livestream plan before Hegseth announced it. Opposition was bipartisan — Vance and Speaker Johnson voiced doubts, religious leaders objected, and an ABC / Washington Post / Ipsos poll Thursday put public opposition at about 80%, including 64% of Republicans. The Pentagon said Hegseth supports the decision. Sources: Reuters via WNCY · USA Today · CNN.

Ukrainian drones hit a refinery in Russia's Ryazan region early Thursday, starting a fire about 180 miles southeast of Moscow, Russian officials and a senior Ukrainian official confirmed to AP. Zelenskyy said the brief energy truce was over after Russia kept pounding Ukrainian energy sites despite Trump's Sunday call for both sides to stop. Moscow said Ukraine never really stopped, and Foreign Minister Lavrov called the renewed strikes a direct challenge to Trump. The strike lands on top of this week's Starshield / intelligence dispute — Kyiv is signalling it will not hold fire unilaterally while its own grid is hit. Sources: AP via NPR Illinois · NBC News.

Security data reported Thursday count at least 10 vessels targeted in or near Hormuz since Sunday — six on Sunday alone, the highest single day of the war — and 23 attacks since Oct. 1, roughly double the monthly average. Greek monitor Marisks warned Thursday the risk is indiscriminate — flag, cargo, direction or turning off tracking does not protect a ship. The flow picture is split and volatile, not a clean shutdown: tanker trackers cited by the New York Post put October flow averaging above 12 million barrels a day, with about 19 million on Monday per CENTCOM, while Kpler data in the same report showed Wednesday's flow collapsing to roughly a tenth of last Thursday's ~23 million barrels. Read it as: ships still run for the money, day-to-day transits swing violently after attacks. Sources: AFP / Vanguard data via Balitang Marino · CNN · New York Post.

The IRS announcement reported Wednesday implements the Oct. 5 executive order: no federal penalty for selling or using dyed (red) diesel on highways nationwide, retroactive to Oct. 1 through Dec. 31, with inspections and the usual recordkeeping suspended for the window. The catch trucking groups are flagging, and KPMG spells out: the underlying federal excise tax is deferred, not erased — Treasury is only exploring forgiveness, further guidance on Form 720 is still coming, dye left in tanks is a Jan. 1 penalty risk, and state rules vary state to state. Florida's own DOR move is narrower — emergency authorization from Oct. 6 for dyed diesel for farming / agricultural transport only, not general commercial hauling. Price context: Florida diesel averaged $6.07 on Oct. 14, up 67% from a year ago; nationally Fleet Advantage put diesel at $6.40 Thursday, and EIA distillate stocks fell 2.5 million barrels to 102.6 million, 12% below the five-year average. Sources: KPMG on IRS relief · Bloomberg Law — IRS · Bloomberg Law — Florida DOR · White House EO.