AGP Executive Report
Last update: 11 hours agoInflation and Markets: September CPI rose 3.7% year over year, lifting rate-hike bets and weighing on U.S. stocks. Chip Manufacturing: GlobalFoundries was tapped to run two New York fabs in a Japanese-backed initiative of up to $21 billion, projected to generate 27,000 construction and ecosystem jobs and more than 1,000 manufacturing jobs. City Services: Mayor Zohran Mamdani and Council Speaker Julie Menin agreed to phase out Central Park’s horse-carriage industry by 2028, with job placement, training and compensation planned for drivers; the Council vote is set for Oct. 22. Real Estate: New York metro home prices rose 3.6% in September as buyers gained more options. Business Finance: Private credit funds supplied 63% of growth-stage debt in Q1, up from 41% two years earlier, according to New York-based Yanne Capital.
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.