Miki Farmer

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The Reserve Bank of Australia

Oil Volatility and AI Borrowing Plans Keep Global Markets Cautious on October 9

Global financial markets remained cautious on October 9 as investors weighed changes in oil prices against elevated borrowing costs and the capital demands of artificial-intelligence infrastructure. Reuters reported that technology shares were under pressure and that concerns about energy prices, bond yields and future AI revenues were affecting sentiment. Oil eased after diplomatic comments concerning...
Construction workers at a building site

US Green Card Filing Suspension Raises New Questions for Indian IT Professionals and Employers

A reported US suspension affecting green-card labour certification filings by several major Indian IT companies has raised uncertainty for employees who hope to build long-term careers in the United States. The Indian Express reported on October 9 that several top Indian IT firms had been suspended from filing applications connected to the Permanent Labor Certification...
A national park in Western Australia

Hurricane Isaias Puts Gulf Coast Communities on Alert as Evacuation Preparations Continue

Communities along the US Gulf Coast are preparing for the potential effects of Hurricane Isaias, with evacuation measures and emergency declarations reported as the storm strengthened toward landfall. Reuters reported on October 8 that the hurricane was moving toward the coast and could bring damaging winds, storm surge, heavy rain and possible tornadoes. Forecasts evolve,...
Artificial intelligence technology

FCC Moves Toward New Spectrum Auction for Direct-to-Device Satellite Services

Satellite Connectivity Moves Closer to Mainstream Mobile Use The US Federal Communications Commission is preparing to vote on proposals that could accelerate direct-to-device satellite services. These systems allow compatible smartphones and other devices to connect with satellites rather than relying entirely on traditional mobile towers. Reuters reported that the FCC plans an October 29 vote...
Construction workers at a building site

US Hiring Slows Sharply as September Job Growth Weakens

A Cooler Labour Market US employers added only 29,000 jobs in September, while the unemployment rate remained at 4.2%, according to the latest labour-market reporting. The slowdown suggests that employers are becoming more cautious as 2026 enters its final quarter. Healthcare, construction and manufacturing continued to add workers, while government, temporary-help services and financial activities...
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