Year-to-date job cuts have exceeded 1 million for the first time since the pandemic.

The ISM’s manufacturing index indicates the industry is in a contraction.

The company issued $17.5 billion of bonds in the United States, after issuing €6.5 billion in Europe.

With about $95 billion of debt outstanding, Oracle is the biggest corporate issuer outside the financial sector in the Bloomberg high-grade index, and it’s planning another $38 billion debt offering.