This is a Business Bible News Headlines for Tuesday November 25 at 8:03 AM Eastern Time, Business Bible News where Daily News meets Daily Principle. In today's business headlines, Blackrock's iShares bitcoin fund faces significant withdrawals as the crypto market struggles through one of its worst months since 2022, according to CNBC. Meanwhile, The Verge reports on how ChatGPT is creating personalized shopping guides using artificial intelligence to streamline the consumer experience. Bloomberg covers Alibaba's increased interest from mainland buyers, attributing this surge to the ongoing AI frenzy and its cloud computing growth. In tech news, TechCrunch highlights that OpenAI's Sam Altman describes their upcoming AI device as more peaceful and calm than the iPhone, promising a new era in technology. Finally, the White House outlines economic wins that are expected to bring savings to consumers at the gas pump and Thanksgiving table. In another report, CNBC indicates that a record 187M Americans are expected to shop this week, with tips on how to save effectively this holiday season. Looking at the markets, global markets are mixed today. In overseas trading, the Shanghai Composite leads the way with a move of 34 points. In US markets, the S&P 500 is up 101 points to 6,704, the Dow Jones Industrial Average is up 201 points to 46,446, and the Nasdaq is up 597 points to 22,870. The 10-year Treasury yield is at 4.04. In commodities, Brent Crude is down $1 to $57 per barrel and gold is up $66 to $4,158 per ounce. In sports news, NBC Sports reports on a late-game scuffle involving Jauan Jennings and Tre’Von Moehrig, raising the prospect of disciplinary actions for those involved. In entertainment, Entertainment Weekly covers the resignation of a second Miss Universe contestant amid ongoing issues within the organization. Today's Daily Principle is MANAGEMENT, specifically dealing with Fair Value. This principle is found in 1 Chronicles 21–22. The verse reads: "David said to him, 'Sell me your threshing place, so that I can build an altar to the Lord, to stop the epidemic. I'll give you the full price.'" This principle emphasizes the importance of fair value in transactions, highlighting the need for honesty and transparency in business dealings. By ensuring that all parties receive equitable treatment, businesses can foster trust and long-term relationships. Upholding fair values not only enhances reputation but also contributes to sustainable success in the marketplace. Learn more at businessbible.com where Daily News meets Daily Principle.
