This is a Business Bible News Headlines for Monday December 1 at 8:09 AM Eastern Time, Business Bible News where Daily News meets Daily Principle.In today's business headlines, Walmart is making news with its Cyber Monday sales, offering discounts of up to 80% on various products, including tech and home essentials. The company aims to attract holiday shoppers during this critical shopping period. This article comes from Yahoo Entertainment.In another significant development, Bitcoin has plunged to below $86,000 as traders adopt a risk-off approach at the start of December. Bloomberg reports that concerns over regulatory scrutiny and market volatility are weighing on the cryptocurrency.Additionally, President Donald Trump has announced his pick for the next Federal Reserve leader, as reported by Axios. This decision could have far-reaching implications for monetary policy and the economy.Meanwhile, the Financial Times highlights that the Japanese yen has strengthened, and bonds have fallen after the Bank of Japan governor hinted at a potential rate increase. This news could signal a shift in Japan's monetary policy as it grapples with inflationary pressures.Lastly, Yahoo Finance reports that U.S. futures are slipping and Asian stocks are showing mixed performance, while oil prices have surged by more than $1 per barrel.BBNews Market Analysis: Today, global markets are mixed.In overseas trading, the Shanghai Composite leads the way with a move of 25 points.In U.S. markets, the S&P 500 is up 35 points to 6,848, the Dow Jones Industrial Average is up 279 points to 47,706, and the Nasdaq Composite is up 150 points to 23,365.The 10-year Treasury yield is at 4.02.Commodities: Brent Crude is flat at $59 per barrel. Gold is flat at $4,281 per ounce.In sports news, Sports Illustrated covers the Denver Broncos, stating it’s anyone’s year to win the Super Bowl, as they recently won their 9th straight game. The article discusses the fluctuating favorites in the betting landscape and highlights the unpredictability of the current NFL season.In entertainment news, Entertainment Weekly reports that Meadow Walker, daughter of the late Paul Walker, pays tribute to her dad 12 years after his tragic death. On the anniversary, she shared touching memories and honored his legacy.The Daily Principle: Today's Daily Principle is INVESTING, specifically dealing with Accounting. This principle is found in Leviticus 25–15. The verse reads: "The price is to be set according to the number of years the land can produce crops before the next Year of Restoration." This principle emphasizes the importance of valuing resources based on their productive potential over time. In modern business, this can translate into assessing investments and assets not just based on their current market value, but considering their long-term yield and sustainability, ensuring that decisions are made with foresight and strategic planning in mind. Learn more at businessbible.com where Daily News meets Daily Principle.
