Business Bible Headlines: December 24 @ 4:00PM ET

This is a Business Bible News Headlines for Wednesday December 24 at 4:12 PM Eastern Time, Business Bible News where Daily News meets Daily Principle.In today's business headlines, the Federal Drug Administration issues a recall for frozen shrimp that may be contaminated with cesium 137, impacting seafood distributors across the nation. The recall raises concerns about food safety and quality standards in the industry, prompting some companies to reevaluate their supply chains. Source: ABC News.Meanwhile, the Powerball lottery has reached a staggering $1.7B for the Christmas Eve drawing, marking the 4th largest jackpot in U.S. history. Lottery officials report an uptick in ticket sales as players hope to capitalize on the holiday season luck. Source: NBC News.In stock market news, the Dow Jones Industrial Average wavers amid unexpected jobless claims, with tech giant Nvidia retaking a key stock level, indicating potential growth in the semiconductor sector. Investors remain cautious as jobless claims unexpectedly rise, highlighting uncertainty in the labor market. Source: Investor's Business Daily.Additionally, CNBC reports that with only days remaining in the year, it's too late for some last-minute tax moves, but there are still opportunities available for individuals looking to optimize their tax returns before the year's end.Financial Times highlights a significant development as banks and traders race to capitalize on gold's historic rally, which is being driven by rising economic uncertainties and geopolitical tensions. Investors are flocking to safe-haven assets as the market grapples with inflationary pressures. Source: Financial Times.Finally, BP has made a notable move by selling its stake in its motor oil arm Castrol in a $6B deal, marking a strategic shift in its business focus as it seeks to invest more heavily in renewable energy and sustainability initiatives. Source: BBC News.BBNews Market Analysis indicates that global markets are mixed today.In overseas trading, the Shanghai Composite leads the way with a move of 22 points. In U.S. markets, the S&P 500 is up 21 points to 6,931, the Dow Jones Industrial Average is up 272 points to 48,714, and the Nasdaq Composite is up 52 points to 23,613.The ten-year Treasury yield is at 4.14.Regarding commodities, Brent Crude is down flat at $58 per barrel. Gold is up $22 to $4,505 per ounce.In sports news, the Washington Commanders will start quarterback Josh Johnson against the Dallas Cowboys in their Christmas Day home game. Coach Dan Quinn announced that Johnson will be taking the field after Marcus Mariota was ruled out due to a quad injury. Source: ESPN.In entertainment news, Kate Hudson has revealed that she turned down the offer to play Mary Jane Watson in the original Spider-Man movie, stating that it would have been fun to portray the character. Hudson reflected on her decision as she discussed her career choices in a recent interview. Source: Variety.Today's Daily Principle is ECONOMICS, specifically dealing with Scarcity. This principle is found in Ephesians 3–20. The verse reads: "To him who by means of his power working in us is able to do so much more than we can ever ask for, or even think of:" In modern business, understanding scarcity is crucial. As resources are limited, businesses must ensure they allocate their assets efficiently to maximize productivity and achieve desired outcomes. This principle also encourages entrepreneurs to think beyond conventional limitations, inspiring innovative solutions to complex challenges. By harnessing their capabilities and tapping into their potential, business leaders can transcend expectations and drive growth even in uncertain times. Learn more at businessbible.com where Daily News meets Daily Principle.