David Shiller

  The risk of a recession in September 2025 is elevated, with analysts citing a combination of slow job growth, persistent inflation, and rising tariffs as key factors pushing the U.S. economy toward a downturn. Some, like Moody’s Chief Economist Mark Zandi, suggest the U.S. is “on the precipice” of a downturn, with the period of greatest [...]

  The 2025 California Energy Code (Title 24) clarifies lighting requirements for multifamily buildings. Here is a summary of the lighting changes: Updates mandatory requirements for dwelling units: all installed luminaires and light sources to meet JA8 criteria; removes Table 160.5-A and references. Section 160.5(a)1A Clarifies lighting integral to kitchen range hoods and bathroom exhaust fans do [...]

  Researchers have identified a new cancer treatment approach using molecules dubbed molecular jackhammers (MJHs), which are aminocyanines capable of mechanically disrupting cancer cell membranes through vibronic-driven action (VDA) when activated by near-infrared light. Key Concept: Vibronic-Driven Action VDA operates through subpicosecond whole-molecule vibrations of aminocyanines bound to cell membranes, initiated by targeted light exposure [...]

  Circadian lighting in hospital wards was found to significantly reduce falls among patients, by 50%, according to a retrospective observational study published in Healthcare (Basel), in July 2025. Study Context and Purpose Falls in hospitalized patients remain a major safety and health concern, often leading to complications, increased length of stay, and greater healthcare [...]

  The following lighting and electrical changes were made to the California 2025 Building Energy Efficiency Standards for Nonresidential Buildings: Adds requirements for manual controls to be in same space as controlled lighting, or so that controlled lighting or status can be seen when operating controls. § 130.1(a)2 Multilevel controls must provide and enable continuous [...]

  Laser headlights technology and development are being abandoned by carmakers due to US automotive regulations and rapid advancements in LED technology, making lasers unnecessary and less practical for automakers. Regulatory Roadblocks The United States Federal Motor Vehicle Safety Standard (FMVSS) rule 108 has imposed strict limits on headlight brightness (150,000 candela) and beam range [...]

  The rapidly growing market for energy service companies (ESCOs) and their performance contracts are projected to expand from $15.9 billion to nearly $27 billion by 2034, with a compound annual growth rate (CAGR) of 6%. This growth is driven primarily by increasing government and commercial focus on sustainability, energy efficiency, and infrastructure resilience. ESCO [...]

The Lumy Awards is a new industry awards program dedicated exclusively to honoring exceptional innovation, design, and distinction in lighting products. Launched last week, the Lumy Awards aims to fill a growing gap in the lighting industry by recognizing the products themselves—such as luminaires, controls, lamps, and components—rather than architectural lighting design or projects. The [...]

  Mexico is undergoing one of the most significant overhauls of its telecommunications regulatory framework in decades. The recently enacted EMI Laws and reforms to the Federal Law on Telecommunications and Broadcasting are transforming how the industry is governed, streamlining oversight, and introducing new compliance standards for operators and digital services across the country. At [...]