AGP Executive Report
Last update: an hour agoUS Labor Market: The September jobs report landed softer than expected, with employers adding just 29,000 jobs and unemployment edging up to 4.2%, raising fresh questions about how long the hiring slowdown can last. Housing & Rates: Mortgage rates climbed again, with the 30-year fixed rate hitting 7.28%, pushing up monthly payments and worsening the “lock-in” effect that keeps homes off the market. Fuel Economy Fight: California and a coalition of states and cities sued the Trump administration over weaker vehicle fuel-efficiency rules, arguing the standards were set too low and could cost drivers hundreds of billions in fuel savings. Canada Trade/Unions: Canada’s push to speed investment and approvals is colliding with organized labor, as Ottawa tries to reduce US dependence amid tariff pressure. UK Business Lending: EY forecasts UK bank lending growth to more than halve in 2026 as uncertainty and higher costs make firms rein in investment. Circular Economy: Qatar is expanding recycling and resource recovery, recycling millions of tonnes of construction waste and building out recycling capacity to cut costs and reduce raw-material depletion. Global Notes: IMF says El Salvador’s growth is outpacing expectations as security and investor confidence improve.
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.