AGP Executive Report
Last update: 8 hours agoRates & Inflation Watch: U.S. Treasury yields kept climbing as the global bond sell-off continued, with the 10-year note topping levels last seen in 2002; Minneapolis Fed President Neel Kashkari said inflation is still “around a 3% rate” and warned the story hasn’t really changed, even as cooler inflation data nudged rate-hike odds lower. Home Insurance Shock: Minnesota home insurance premiums jumped 13% in the first half of 2026, the biggest increase in the country, driven by hail and thunderstorms and pushing the state’s average annual premium to about $3,987. Healthcare & Consumer Costs: Minnesota AG Keith Ellison urged consumers to file for compensation tied to multistate settlements over alleged generic drug price-fixing. Corporate Moves: nVent completed its $1.75 billion acquisition of Maverick Power to expand data-center power distribution offerings. Local Business & Community: Redpath and Company promoted 35 staffers across levels as it enters FY2027. Agriculture Relief Push: Minnesota senators asked Gov. Walz to temporarily allow farmers to use lower-tax red dye diesel on highways to offset diesel prices above $6/gallon. Election Season (Local Governance): Multiple Chaska and Spring Park races featured candidate Q&As focused on budgeting, transparency, and managing growth.
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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