Fortis’ News of the Week:
- As EVs continue to gain popularity, California looks to replace the decline in gas tax revenue by considering a tax by mileage structure.
- Grocery stores are finally cutting back prices after inflation and elevated interest rates led consumers to reduce spending.
- Waymo continues to have a leg up on Tesla in driverless technology with opinions stating Tesla is years behind in the needed technology.
- Gold continues it’s strong run and overshadows US Treasuries as the Bloomberg Treasury Total Return Index has it’s third annual decline in four years.
- From the treats and earmuffs to the full “white paw service”, Bark Air becomes the first-ever airline catered to dogs.
