AGP Executive Report
Last update: an hour agoEconomy & Inflation: A Fed-tracked inflation gauge accelerated in April to a three-year high, with core PCE rising 3.3% and overall prices up 0.4%, while consumer spending cooled—raising the odds the central bank stays hawkish. Housing & Consumer Pressure: Equifax Canada reports mortgage delinquency up 32% year-over-year in Q1 2026, a sign households are getting squeezed by higher renewal rates and broader cost-of-living stress. Energy & Data Centers: Sen. Adam Schiff introduced a bill that would require large data centers to secure their own power and help fund grid upgrades, aiming to curb electricity-rate spikes tied to AI buildouts. Public Health & Regulation: Lawmakers are pushing back on a Trump administration rollback of PFAS drinking-water protections, warning communities could face longer exposure to “forever chemicals.” Healthcare Markets: Eli Lilly said its Phase 3 LIBRETTO-432 trial showed an 83% reduction in recurrence or death for early-stage RET fusion-positive lung cancer with Retevmo as adjuvant therapy. Venture Capital: Crunchbase data shows Black founders raised $643M so far this year—near 2022 levels—but still a small share of total U.S. startup funding. Workforce & Immigration: New research links intensified ICE enforcement (2023-2025) to reduced capacity and employment in the childcare sector, hitting immigrant women and families relying on stable care.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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