This is a Business Bible News Headlines for Wednesday, January 21 at 8:08 AM Eastern Time, Business Bible News where Daily News meets Daily Principle. In today's business headlines, we see a mix of market reactions and company news shaping the landscape. First, Axios reports that under the current administration, the stock market is underperforming compared to prior expectations. This has raised questions about economic policies and investor confidence moving forward. Next, Bloomberg highlights a significant rally in gold prices, driven by ongoing geopolitical crises, particularly in Greenland, leading to heightened demand for safe-haven assets. CNBC follows up with Scott Bessent's remarks on the U.S. Treasury market, where he claims the country remains unfazed by recent sell-offs tied to external pressures. Meanwhile, Netflix shares have taken a hit, dropping 7% in Europe after disappointing Q4 results, as reported by Yahoo Finance. In another notable piece, CNBC reports UK inflation has risen to 3.4% in December, exceeding forecasts and stirring discussions about economic impacts. Lastly, TechCrunch discusses comments from Amazon's CEO Andy Jassy, indicating that rising tariffs are contributing to increased product prices, which may affect consumer spending. Now let's look at the market analysis. Today, global markets are down. In overseas trading, the Nikkei leads the way with a move down 277 points. In U.S. markets, the S&P 500 is down 143 points to 6,796, the Dow Jones Industrial Average is down 873 points to 48,485, and the Nasdaq Composite is down 559 points to 22,955. The 10-year Treasury yield is at 4.3%. Regarding commodities, Brent Crude is flat at $60 per barrel, while gold is up $110 to $4,869 per ounce. In sports news, NBC Sports reports that Terry Pegula and Brandon Beane were not pleased with Sean McDermott's recent comments about talent concerns within the team, which ultimately led to his dismissal. In entertainment, Variety announces the nominations for the Golden Raspberry Awards, where 'Snow White' and Ice Cube's 'War of the Worlds' lead with 6 nods each, highlighting the films that might not have resonated well with critics. Now, let's delve into today's Daily Principle. Today's Daily Principle is BUSINESS, specifically dealing with Sabbath Rest. This principle is found in Hebrews 4–9. The verse reads: 'As it is, however, there still remains for God's people a rest like God's resting on the seventh day.' This principle teaches the importance of rest in a busy business environment. Just as God rested after creation, business leaders must recognize the value of stepping back to recharge and refocus. Embracing rest can improve productivity and decision-making, ultimately leading to greater success in business endeavors. Learn more at businessbible.com where Daily News meets Daily Principle.
