AGP Executive Report
Last update: 20 minutes agoSocial Security & Cost-of-Living: A new projection from the Senior Citizens League says the 2027 Social Security COLA could rise to 3.8%, lifting average monthly benefits by about $73—while the Social Security trust funds are still projected to run down in the early 2030s. Connecticut Gun-Law Fight: Connecticut AG William Tong’s office is seeking outside legal help to sue gun companies, but a reported RFP criterion asks bidders to detail “workforce diversity,” adding friction to an already high-stakes challenge tied to Connecticut’s Glock ban. Connecticut Business & Jobs: Stanley Black & Decker’s New Britain plant closure has renewed attention on a little-known Social Security earnings rule that can cost near-retirees thousands if they assume benefits are automatically blocked until January. Connecticut-India Trade: Gov. Ned Lamont signed legislation creating a Connecticut-India Trade Commission to expand ties in trade, technology, education, infrastructure and the arts. Local Economy Disruption: Waterbury’s water main break forced D’Amelio’s Italian Eatery to close temporarily and triggered a boil-water order, highlighting how infrastructure failures hit small businesses fast. Energy & Finance: Eversource’s latest storm-cost recovery developments and charges tied to offshore wind continue to shape the utility’s financial outlook.
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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