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Friday, August 18, 2023

The Daily Money: Weekend forecast: hot, stormy, smoky.

The Daily Money: Extreme summer heat, meet hurricane season. Weekend weather across U.S could be volatile. And that's without more smoke from Canada.

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The Daily Money

ALL THE MONEY NEWS YOU NEED TO KNOW

Fri Aug 18 2023

 

Medora Lee  Money and Personal Finance reporter

Severe storms wreak havoc for multiple states

Severe thunderstorms and tornadoes battered multiple, damaging homes and causing power outages.

Damien Henderson, USA TODAY

Happy Fri-YAY! It's Medora, from Chicago, again.

Today, I have weather on my mind. It's a beautiful morning here, but I know it's about to turn very quickly and I'm bracing myself. All of next week, starting Sunday, is forecast to be near 90-plus degrees! That probably sounds like an outright cold spell for many of you this summer, but Chicagoans have been pretty lucky this year.

We're also entering hurricane season. Southern California and areas near there are expected to be pummeled with rain from Hurricane Hilary this weekend. AAA says between the heat and potential hurricanes, we could see gas prices rise again. The national average price for a gallon of regular unleaded gas hit $3.87, a 10-month high, this week. Good thing, summer road trip season is coming to a close.

Something else we're expected to see again is smoke from Canadian wildfires. It looks like parts of the U.S. will start getting hazy again soon, with people in Canada's Northwest Territories asked to evacuate immediately.

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Ap Canada Wildfires

People without vehicles lineup to register for a flight to Calgary, Alberta in Yellowknife on Thursday, Aug. 17, 2023. Prime Minister Justin Trudeau is expected to convene an urgent meeting with ministers and senior officials today as residents of the capital of Northwest Territories are ordered to evacuate the area because of an encroaching wildfire. (Bill Braden /The Canadian Press via AP) ORG XMIT: BB301

Bill Braden/The Canadian Press via AP

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About The Daily Money

Each weekday, The Daily Money delivers the best consumer news from USA TODAY. We break down financial news and provide the TLDR version: how decisions by the Federal Reserve, government and companies impact you.

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