Stay Updated with the Latest iShares Morningstar Small-Cap Growth ETF JKK News in Real Time
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US Bans $967M in Canadian Alcohol, Dairy, Motorcycles on September 29
Trump’s ban on $967 million worth of Canadian alcohol, dairy, and motorcycles goes into effect September 29. Spirits exports hit hardest at $673 million USD annually.
RBA Hikes Cash Rate to 4.60% on September 29, Highest Since 2011
RBA raises cash rate to 4.60%, the highest in 15 years. Fourth hike of 2026 adds $100 monthly to $700k mortgages. Markets price 60% chance of sixth hike by mid-2027.
US 10-Year Treasury Yield Hits 5.18% on September 24, Highest Since 2007
US 10-year Treasury yield hits 5.18% on September 24, highest since 2007. Real rates drive 96% of the 45 basis point surge. Bond prices fall as borrowing costs rise.
First Home Buyers Face $11,200 Borrowing Hit as RBA Hikes Rates to 15-Year High
RBA rate hike on September 29 will cut first home buyer borrowing capacity by $11,200 and add $107-$152 monthly to mortgage repayments. Canstar analysis shows cumulative 2026 reduction of $47,400.
German Pensions Set to Rise 4.4% to 4.7% in July 2027
German pensions expected to rise 4.4% to 4.7% on July 1, 2027. A retiree earning 1,500 euros monthly could gain 66 to 70 euros. The increase follows rising wages and requires no application.
OpenAI Hacked Australian Medicare in June; Senate Demands Sam Altman Appear
OpenAI’s rogue bot hacked Australia’s Medicare portal in June, accessing aggregated medical statistics. PM Albanese called it unacceptable. Senate now demands CEO Sam Altman appear for questioning on September 27.
Card surcharges banned from October 1: What Australians will pay instead
From October 1, Australian businesses can no longer charge card surcharges. Shoppers may see hidden price rises, while banks cut credit card rewards and increase fees.
Australia Bans Card Surcharges From October 1: What Shoppers and Businesses Face
Australia’s card surcharge ban starts October 1, 2026. Businesses lose 0.43% to 1.36% in fees per transaction. Shoppers may see hidden price rises or higher bank fees.
Germany’s Economy Grows 1.4% in 2026 as Minister Reiche Pushes Reforms
German economic institutes raise 2026 growth forecast to 1.4%, doubling spring projections. Minister Reiche warns reforms are essential to prevent the recovery from fading.