AGP Executive Report
Last update: 10 hours agoClimate Shock: UN and the UK Met Office project a 75% chance the next five years average more than 1.5°C above pre-industrial levels, with an overheating Arctic and drought risk for the Amazon. Fed Watch: Fed Gov. Lisa Cook says rates should stay put for now but she’s ready to hike if inflation doesn’t ease, citing tariffs, the Iran war oil shock, and AI-driven chip/software and data-center demand; Austan Goolsbee warns AI hype could raise inflation and force higher rates. Research Funding: NSF relaunches SBIR/STTR with $250M, including a new $40M pilot for next-generation scientific instrumentation. State Science Push: California Senate passes SB 895, a $12B science and health research bond with drug-discount rules tied to publicly funded discoveries. Critical Minerals: DOE awards $45.7M for critical-mineral tech, including fish-robot style seawater approaches to harvest lithium ions. Health Outcomes: Flint’s Rx Kids prenatal cash program is linked to fewer low-birthweight/preterm births and about a 29% drop in NICU admissions. Tech & Finance: Citizens Bank picks Alkami’s MANTL to streamline deposit account opening across channels. Energy Corporate Move: ExxonMobil shareholders approve shifting legal domicile from New Jersey to Texas.
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.