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Delta Rejects Starlink for Amazon Leo; Musk Warns of Customer Loss
Delta chooses Amazon Leo over Starlink for in-flight WiFi, prompting Elon Musk to warn of customer losses. United has 600+ Starlink-equipped planes; Delta’s rollout doesn’t start until 2028.
RBA Lifts Cash Rate to 4.60% on September 29, Highest Since 2011
RBA raises cash rate to 4.60%, highest since 2011, citing elevated inflation from energy prices and AI demand. Mortgage holders face higher repayments; savers may see improved rates.
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.
Kelvin Wave Could Raise California Sea Levels Up to a Foot This Fall
A Kelvin wave traveling from the Pacific could raise California sea levels by up to a foot as El Niño develops. The wave is expected to reach San Diego in early to mid-October.
Stock Market Slides as Oil Spikes and AI Safety Concerns Mount
Stock markets slide worldwide as oil climbs on US-Iran deadlock and AI safety worries. Brent crude near $108, Treasury yields elevated, emerging markets hit hardest.
Study Links Every 100g of Ultra-Processed Food to Higher Disease Risk
New study of 8.8M people shows every 100g of ultra-processed food raises cardiovascular risk 14% and diabetes risk 24%. Researchers analysed 51 cohort studies spanning 2-32 years.
Trump Rejects Iran’s Seven-Day Hormuz Deal on September 28
Trump rejects Iran’s seven-day plan to reopen Strait of Hormuz, citing US control. The closure disrupts one-fifth of global oil and gas trade, threatening energy security across Asia and beyond.
Internationals Poised for Presidents Cup Win on September 28 at Medinah
International team leads 10.5-7.5 with 12 singles matches remaining at 2026 Presidents Cup. Australians Adam Scott and Min Woo Lee have been pivotal in maintaining the lead heading into the final day at Medinah.