Weekly Review, July 22 2024
Fortis’ News of the Week:
AI and Crypto are creating intense pressure on power grids, leading some to believe North Virginia could be without reliable power as soon as 2027.
Gen Z shoppers lean into bulk buying as memberships at stores like Costco and Sam’s Club increase 63% for those 27 and under.
Walmart delivery drone shot down during mock delivery, highlighting safety concerns and challenges regarding drone operations.
Boeing to plead guilty to fraud after two of its 737 Max planes crashed, resulting in the death of 346 passengers.
US consumer borrowing increased by the most in 3 months for May. Much of which was reflected in credit card balance increases.