AGP Executive Report
Last update: 6 hours agoConsumer Deception & Pricing: A U.S. consumer lawsuit says J.M. Smucker misleads shoppers by marketing fudge as sweetened with Splenda, while claiming the main sweeteners are sugar alcohols and substitutes. Class-Action Finance: Oppenheimer & Co. customers are pushing for approval of a $70M settlement over cash sweep fees and “below-market” interest rates. Retail & Inflation: U.S. retail sales rose 0.5% in April for a third straight month, but economists warn the gain is partly inflation-driven. Food Costs: Britain’s fish-and-chips price hit £11.17 on average in March, nearly double 2019 levels, as cod prices squeeze chip shops. Energy Pressure: In the Philippines, a consumer coalition urged the energy regulator to go beyond no-disconnection rules and address high electricity costs hitting bills. Product Safety: Costco recalled 32 Degrees Heated Socks after reports of burns.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.
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