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October 1, 2025 Economy by ORANEC

9 Investing Moves To Make After Inflation Jumped 3% & The Fed Might Keep Cutting Rates

Inflation is hovering near 3% again, and the Federal Reserve (the Fed) has signaled it could keep cutting interest rates . For most people, that headline raises a bigger question: What should I do with my money?Find Out: Money Influencer Delyanne Barros: Why Boring Could Be Best for InvestingRead Next: Mark Cuban Tells Americans To Stock Up on Consumables as Trump's Tariffs Hit -- Here's What To BuyInvesting experts translated the Fed-speak into plain steps you can take right now .Rate cuts usually signal that growth is cooling or the labor market is softening, said Nicholas Juhle, CFA, chief …

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October 1, 2025 Economy by ORANEC

EU to cut steel import quotas, hike tariffs to 50%

By Julia PayneBRUSSELS (Reuters) -The European Commission will propose cutting steel import quotas by nearly half and hiking duties on volumes above those levels to 50% in line with tariffs imposed by the U.S. and Canada, two sources briefed on details told Reuters on Wednesday.The measures will be part of a new package for the steel sector due to be unveiled on October 7.Stephane Sejourne, the Commission's executive vice president for industrial strategy, briefed steel associations and unions on Wednesday ahead of the announcement.Henrik Adam, president of European steel association Eurofer a…

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October 1, 2025 Economy by ORANEC

Trump Administration Tightens Export Controls To Slow China's Tech Race—Experts Hail 'Massive Change'

The Trump administration has announced a significant tightening of export controls on Chinese companies, particularly those in the semiconductor industry, in a move aimed at impeding China’s technological advancement.The U.S. Department of Commerce has introduced stricter regulations that automatically add subsidiaries of entities on the government’s “entity list” to the blacklist, the Financial Times reported. This list comprises foreign entities and individuals subject to export controls, requiring U.S. companies to obtain a license for exports to these groups.The new rule is applicable to c…

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October 1, 2025 Economy by ORANEC

Japan's central bank survey shows an improved outlook for manufacturers

TOKYO (AP) — Sentiment among Japan’s large manufacturers improved for a second straight quarter, according to a closely watched Bank of Japan survey, making a rate hike by its central bank more likely.The quarterly survey, called the “tankan,” showed the outlook among major manufacturers, the key so-called diffusion index, rose 1 point to plus 14 from the findings in June.The survey is an indicator of companies foreseeing good conditions minus those feeling pessimistic.The tankan for large manufacturers was plus 12 in March, marking the first drop in a year. Sentiment among large non-manufactu…

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October 1, 2025 Economy by ORANEC

Asian shares are mixed as markets shrug off a likely US government shutdown

Shares were mixed in Asia on Wednesday, with Chinese markets closed for a weeklong holiday, as a U.S. government shutdown loomed.Japan's Nikkei 225 index shed 1.2% to 44,411.26 after the Bank of Japan reported a slight improvement in business sentiment among major manufacturers.The BOJ's quarterly tankan adds to the likelihood the central bank will raise its key interest rate soon, to counter inflation that has topped its target range of about 2% for some time.Political uncertainty is also looming over Japan's markets, with the ruling Liberal Democratic Party due to chose a new leader and prim…

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October 1, 2025 Economy by ORANEC

A government shutdown begins after talks break down

The first federal government shutdown in years began early Wednesday morning after lawmakers and President Trump stopped negotiations and spent the final hours before the stoppage largely focused on trying to set up the other side to take the political blame.The victory of gridlock was sealed Tuesday evening when twin Senate votes failed to advance either a Republican bill (even as three members of the Democratic caucus crossed party lines to vote yes) or a Democratic plan. No compromise plan was offered, ensuring the funding lapse.The shutdown — the first since a seven-week stoppage during Tr…

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