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Cranberry Journal

Wednesday, September 30, 2026

Also in this edition
Markets
  • S&P 5007,707.15+0.47%
  • Nasdaq27,051.40+0.95%
  • Dow51,283.75−0.13%
  • 10-yr yield5.29%+0.72%
  • Crude$91.41+2.27%
At the close · Sep 30

Capital Spending

Tagged stories

A welder in a helmet leans over a length of steel pipework in a metal fabrication shop, sparks and a bright blue arc flaring from the seam, with welding sets, gas bottles and overhead ducting filling the workshop behind him.
The Numbers

Claims Fell to 197,000 While Tech Announced 155,126 Cuts. Check the Denominator.

Initial claims for unemployment insurance fell to 197,000 in the week ending 19 September, the Labor Department reported on Thursday, with the insured unemployment rate at 1.1 per cent. Challenger, Gray & Christmas counts 155,126 announced job cuts in technology through August, up 52 per cent on last year and 29 per cent of every cut announced in the United States. Both numbers are correct, and the reason they do not collide is the denominator.

By Daniel Okafor  

A construction crane against the sky.
The Numbers

The Bonds Are Longer Than the Machines They Paid For

Hyperscalers and related issuers have sold about $225bn of bonds this year by S&P Global's count, on pace for a record. Capital spending now runs at roughly 94 percent of operating cash flow against 40 percent in 2023, and the paper being issued is long — matched to a useful life the issuers estimate themselves.

By Daniel Okafor