AGP Executive Report
Last update: 6 minutes agoCosts: U.S. inflation rose 0.4% in October, more than forecast, with core prices up 0.3%—fresh pressure on household budgets and business costs. AI and Risk: Cowbell introduced coverage for losses tied to AI agents used by small and midsize businesses, including mistaken payments and customer claims. Clover added AI tools to help small merchants build online stores and appear in AI-powered shopping results. Disaster Loans: The SBA is offering eligible businesses and nonprofits in 14 Minnesota counties drought loans of up to $2 million, with rates as low as 4% and terms up to 30 years. Veteran Entrepreneurs: National Veterans Small Business Week spotlights 1.8 million veteran-owned small businesses, which generate about $1.3 trillion in annual sales; the SBA says it is expanding access to capital, counseling and contracting opportunities. Holiday Sales: A Michigan survey found 63% of shoppers will pay up to 5% more for U.S.-made goods, but 30% have abandoned local orders over availability or wait times—key hurdles as Small Business Saturday approaches.
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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