AGP Executive Report
Last update: 8 hours agoMarkets Watch: Investors are getting nervous after a bond-yield spike—30-year Treasuries pushed above 5% and 10-year notes past 4.5%—even as earnings and AI optimism keep stocks propped up. Energy & Cost Politics: Democrats are reviving a “Big Oil” windfall tax push aimed at lowering gas prices as drivers feel $4+ per gallon pressure tied to the Iran-linked Strait of Hormuz disruption. Housing Reality Check: A new NAHB analysis says 65% of U.S. households are priced out of newly built homes, with many states above 80%. Education & Workforce: Durbin and Wicker reintroduced a bipartisan study-abroad bill, while Salve Regina announced a new tourism/hospitality bachelor’s plus added minors and certificates. Rhode Island Business Notes: BankNewport awarded $470,000+ in spring grants to nearly 50 nonprofits, and FDA data show three Providence County-area firms got inspections in April—all with “no action indicated.”
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.
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