AGP Executive Report
Last update: 21 minutes agoAntitrust & Drug Costs: The FTC reached a settlement with Caremark over insulin pricing practices, aiming to lock in up to $8.5bn in consumer savings and boost transparency for patients and pharmacies. EU Capital Markets Push: The European Commission opened infringement steps against Spain for not fully adopting the European Listing Act, a move meant to make it easier for SMEs to access public markets. US Consumer Finance Scrutiny: Outgoing CFPB consumer finance watchdog Russell Vought clashed with Democrats at a hearing over efforts to shrink the agency and roll back rules. Housing Pressure: Mortgage rates jumped to the highest level in nearly a year, cooling US homebuyer demand, while Australia’s auction share fell as buyers pull back. Retail & Payments: A shoplifting reporting app is being used to speed retail crime reporting, and New York is moving to curb misleading auto-renewal practices. Local Business Support: Wisconsin opened SBA disaster loan applications for April storm victims, and Michigan’s Match on Main grants backed downtown food and incubator projects. Supply & Infrastructure: Manila Water highlighted its Cardona plant to strengthen 24/7 service, while Penang and Perak signed a 40-year bulk water deal to secure long-term supply.
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.