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Cranberry Journal

Thursday, October 8, 2026

Also in this edition
Markets
  • S&P 5007,765.36−0.47%
  • Nasdaq27,193.34−1.25%
  • Dow51,231.64+0.10%
  • 10-yr yield5.23%−0.87%
  • Crude$90.79−0.77%
At the close · Oct 8

Today’s Paper

Thursday, October 8, 2026

11 stories across 5 sections

World

  1. Thirty Days to the Rare Earth Cliff

    The truce ends in a month. Nobody is ready.

    By Cory Chamberlain

Business

  1. Raytheon Has a Contract Worth Up to $6.3 Billion for SM-3 Interceptors. The Pentagon Has Not Said How Many.

    The interceptor knocks down short- and intermediate-range ballistic missiles in mid-flight and was first used in combat in 2024. The Pentagon is buying it the way it now buys most of its scarce munitions, on a long contract meant to make factories invest.

    By Cory Chamberlain

  2. Stelco's Layoffs Have Started. Its American Owner Says the Workers Come Back When There Is a Trade Deal.

    Lourenco Goncalves says the Canadian market cannot support two galvanized steel producers and imports. Canada's industry minister says a chief executive who backs American steel tariffs cannot call their effects beyond his control.

    By Cory Chamberlain

  3. PepsiCo Cut Chip Prices by Up to 15 Per Cent in February. Now It Is Raising Them and Lowering Its Profit Forecast.

    The price cuts that followed Elliott's arrival brought back some shoppers but not enough. With a $178 million tariff refund behind it and input costs rising, the company is now leaning on cost cuts and higher prices at the same time.

    By Cory Chamberlain

  4. Tesla Beat Deliveries and Still Sold Fewer Cars

    A beat against expectations, a decline against reality.

    By Cory Chamberlain

  5. Isaias Could Cost Insurers a Few Billion Dollars. Much of Its Flood Damage May Not Be Insured at All.

    The first hurricane of the season is forecast to reach the northern Gulf Coast late Friday or early Saturday. The insurance market expects to cope. The storm surge and inland rain are the parts of the bill most likely to land on owners and local governments.

    By Cory Chamberlain

  6. General Dynamics Has Had One Chief Executive Since 2013. Her Successor Takes Over a $136.5 Billion Backlog.

    Novakovic took over as defence budgets were being squeezed and leaves with revenue at $52.6 billion. Her successor's most recent jobs were running the company's global operations and its combat systems group, and the hardest problem he inherits is output.

    By Cory Chamberlain

AI

  1. OpenAI Wants Another $30 Billion at a $1.4 Trillion Valuation

    The most valuable private company in history keeps getting more valuable.

    By Cory Chamberlain

Health

  1. The Obesity Drug War Just Entered Its Third Act

    Lilly just lapped Novo again, this time with a new hormone.

    By Cory Chamberlain

Markets

  1. The Fed Now Counts the AI Buildout as an Inflation Problem. Most Officials Expect Another Rate Rise This Year.

    For a year the argument about American inflation was about tariffs. The minutes released on Wednesday describe a different mix, and research from the New York Fed published a day earlier suggests the tariff part is already wearing off.

    By Cory Chamberlain

  2. Gold Is Down 22 Percent From Its Record. The Bull Case Did Not Break.

    A fifth off the top, and the buyers are still buying.

    By Cory Chamberlain