This is a Business Bible News Headlines for Tuesday September 30 at 9:11 AM Eastern Time, Business Bible News where Daily News meets Daily Principle.Business Headlines:Stock futures are falling as a U.S. government shutdown looms, but Wall Street is still heading for monthly gains. According to CNBC, investors are keeping a close eye on negotiations in Washington as the deadline approaches. The future of many federal programs hangs in the balance as lawmakers grapple with budget issues.In other news, JPMorgan is making headlines with its $20B deal in private equity. Bloomberg reports that the investment bank's acquisition of an equity stake in EA has marked a significant win over private credit, positioning JPMorgan advantageously in the evolving financial landscape.Meanwhile, President Donald Trump has announced new timber and furniture tariffs amid a national security probe. The Financial Times states that these tariffs are part of a broader strategy to protect domestic industries and may have far-reaching implications for trade relations.Asian stocks are looking sluggish as uncertainty continues with the looming U.S. shutdown. Bloomberg's markets wrap highlights the cautious sentiment as investors await further developments from the U.S. government.In a more positive light, official data reveals that China’s manufacturing activity has picked up in September, despite remaining in contraction territory. CNBC reports that the official Purchasing Managers' Index indicates a slight recovery, boosting sentiment around Chinese economic resilience.BBNews Market Analysis:Global markets are mixed today.In overseas trading, the Shanghai Composite leads the way with a move of 20 points.In US markets, the S&P 500 is up 18 points to 6,661, the Dow Jones Industrial Average is up 69 points to 46,316, and the Nasdaq Composite is up 106 points to 22,591.The 10-year Treasury yield is at 4.13.Commodities:Brent Crude is down $1 to $62 per barrel. Gold is up $25 to $3,846 per ounce.Sports news:In sports, the Cincinnati Bengals are facing tough times as they suffered their second blowout loss in consecutive weeks. Sports Illustrated reports that the team is struggling with major roster holes, which could hinder their performance even if star quarterback Joe Burrow were healthy.Entertainment news:In entertainment, SAG-AFTRA has condemned the AI actress Tilly Norwood, stating she is not a real performer. Variety shares that there is growing concern about the role of AI in Hollywood and the implications for real actors.The Daily Principle:Today's Daily Principle is BUSINESS, specifically dealing with Tax. This principle is found in Matthew 17:24–27. The verse reads: "When Jesus and his disciples came to Capernaum, the collectors of the Temple tax came to Peter and asked, 'Does your teacher pay the Temple tax?' 'Of course,' Peter answered. When Peter went into the house, Jesus spoke up first, 'Simon, what is your opinion? Who pays duties or taxes to the kings of this world? The citizens of the country or the foreigners?' 'The foreigners,' answered Peter. But we don't want to offend these people. So go to the lake and drop in a line. Pull up the first fish you hook, and in its mouth you will find a coin worth enough for my Temple tax and yours. Take it and pay them our taxes.'"This passage highlights the importance of fulfilling our obligations, including taxes, with integrity and wisdom. In the modern business world, it serves as a reminder that compliance with regulations and taxes is crucial for maintaining good relationships and reputations. Additionally, it encourages leaders to approach financial responsibilities with creativity and prudence, ensuring that their organizations remain compliant while also pursuing innovative solutions.Learn more at businessbible.com where Daily News meets Daily Principle.
