AGP Executive Report
Last update: 9 hours agoIRS Mileage Update: The IRS raised its standard business mileage rate for the second half of 2026 to 76 cents per mile (effective July 1), plus a higher medical mileage rate of 23.5 cents, with changes showing up on 2026 tax returns. Wealth & Investing: A new report argues alternative assets are moving from “satellite” holdings to core portfolio allocations for high-net-worth Canadians, mirroring pension-style investing. Retirement & Portfolio Risk: A market note highlights how the classic 60/40 mix lost its hedge power after 2022’s rate shock, pushing retirees to rethink lower-risk ETF choices. Tech IPO Watch: SpaceX shares briefly dipped below IPO price after profit-taking and valuation concerns, a reminder that IPO hype can cool fast for retail investors. Healthcare Costs: A survey finds many Americans are quietly delaying life plans to afford healthcare, with knock-on effects for home buying and career moves. Policy & Tax: UK income tax pressure and “subscription trap” rules are in focus as regulators target hidden fees and rising household costs. Global Finance: Nigeria unveiled a “Genomic City” push to turn genomic resources into research, healthcare, and economic 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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