AGP Executive Report
Last update: an hour agoHousing & Rates: U.S. existing home sales jumped 3.2% in May to a 4.17M annual pace, the strongest since December, as affordability improved and mortgage costs stayed below last year. Home Insurance Crisis: Sen. Tina Smith released a report warning premiums have risen about 45% since 2019, with climate-driven extreme weather pushing insurers out of high-risk areas. Education Funding Fight: CA AG Rob Bonta led a multistate lawsuit challenging the Education Department’s move to stop special-education grants under the SPDG program. Prediction Markets Oversight: Sen. Kirsten Gillibrand and colleagues urged the CFTC to tighten rules for prediction markets, citing retail risk and concerns about manipulation/insider trading. Cybersecurity: CISA warned SolarWinds Serv-U users to patch CVE-2026-28318, an unauthenticated denial-of-service flaw being exploited. Defense Tech Deal: The U.S. approved a $1.98B Anduril counter-drone system sale to Kuwait to defend against drone swarms. Energy Markets: Gold steadied on ceasefire hopes for Israel-Iran, but strong U.S. jobs data kept rate-hike expectations elevated. Investing/Deals: EQT Real Estate bought a 2.4M sq-ft Southeast logistics portfolio across Savannah, Jacksonville and Lakeland.
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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