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Gas Prices Climb, Fireworks Risk Rise, Consumer Spending Slows, and Battery Power Grows

Gas Prices Climb, Fireworks Risk Rise, Consumer Spending Slows, and Battery Power Grows

Published 8 months ago
Description

Gas prices in California are set to jump this July, with new taxes and refinery rules adding costs at the pump. Meanwhile, illegal fireworks are already lighting up L.A., raising safety and environmental concerns ahead of the Fourth of July. Across the U.S., consumers are pulling back on spending as inflation outpaces income growth, affecting travel, recreation, and more. And in the face of growing energy demands, big batteries are emerging as a key tool in preventing summer blackouts.

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