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September 30, 2025 Economy by ORANEC

Frozen job market shows little sign of thawing

The labor market remains stagnant, as job openings increased only slightly in August and hiring declined.Job openings totaled 7.23 million in August, according to data from the Bureau of Labor Statistics released Tuesday, just a bit higher than the 7.21 million vacancies seen in July.The hiring rate also ticked lower last month, reaching its lowest point since June 2024 , while the rate of people voluntarily leaving their jobs slid to its lowest level so far this year, underscoring a frozen labor market in which out-of-work Americans are struggling to gain footing.“Yikes. The official US ‘hiri…

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September 30, 2025 Economy by ORANEC

Explainer-How a US government shutdown could affect financial markets

WASHINGTON (Reuters) -The U.S. government is heading for a shutdown on Wednesday as congressional Democrats and Republicans hit an impasse over how to continue to fund the federal government.A shutdown could affect financial markets by limiting the operations of financial regulators and delaying the publication of key economic data.How might markets react?Historically, markets have tended to shrug off shutdowns. However, this time could be different.A prolonged shutdown risks delaying or canceling key economic data releases investors use to assess macroeconomic trends, such as the monthly empl…

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September 30, 2025 Economy by ORANEC

Big Money Dumps Bitcoin – But Is The ‘Alt‑Season’ Narrative Overblown?

Digital asset investment products faced heavy withdrawals last week, with outflows reaching $812 million, the largest weekly drawdown of the year.The bulk of the pressure fell on Bitcoin and Ethereum products, while Solana and XRP managed to draw inflows. The divergence has fueled debate over whether capital is rotating toward altcoins or whether investors are simply adjusting exposures in response to shifting macro conditions.Economic indicators in the United States were stronger than expected. Durable goods orders came in above forecasts, and revised gross domestic product numbers reduced co…

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September 30, 2025 Economy by ORANEC

Big Tech has not given up on its climate goals…yet

Big Tech’s 2025 sustainability reports reveal that they have finally got a grip on emissions and energy use from AI and data centres.Microsoft’s Scope 1, 2, and 3 emissions, which include emissions Microsoft is responsible for across its entire value chain, fell by 8% in its 2024 fiscal year compared to a rise of 3% in the previous reporting year. Other companies’ emissions rose by less than in previous years.However, this may prove to be temporary given current data centre construction plans. GlobalData’s construction projects database lists 621 new data centre projects due to start in 2026, …

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September 30, 2025 Economy by ORANEC

Bank of England’s Breeden warns against keeping rates high for too long

Investing.com -- Bank of England Deputy Governor Sarah Breeden cautioned on Tuesday that maintaining high interest rates for an extended period could harm the economy and push inflation below target."Holding policy too tight for too long comes with costs to output and employment, which could then pull inflation below target," Breeden said in a speech at Cardiff Business School.Breeden, who was part of the majority that voted to keep rates at 4% during the September Monetary Policy Committee meeting, noted that the recent rise in headline inflation was likely temporary. The central bank expects…

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September 30, 2025 Economy by ORANEC

US Treasuries Wrap Up Third Quarter of Gains as Shutdown Looms

(Bloomberg) -- Treasuries notched gains for the third straight quarter, as a pending US government shutdown threatened to slow economic growth and boosted the case to buy bonds.US government bond prices edged higher on Tuesday, capping off a three-month span in which they have has posted a 1.5% return, according to a Bloomberg index. Treasuries have returned more than 5% through the first three quarters of the year, setting them up for the best year since 2020.Most Read from BloombergWhy US Cities Pay Too Much for Transit BusesFor Lovers of Brick, Chicago Is a WonderlandTrump Housing Agency Re…

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