Business Bible Podcast
The Business Bible is a community that believes we can change the world through business. Our mission is to help people discover business the way God originally designed. Our vision is for business people to use their ability and skills for a higher purpose, create wealth, give generously, and receive great reward.
Business Bible Podcast
Business Bible Headlines: July 2 @ 9:00AM ET
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This is a Business Bible News headline for Thursday, July 2, at 9.02 a.m. Eastern Time. Business Bible News, where daily news meets daily principle. In today's business news, the Federal Reserve is in the spotlight as Chief Kevin Walsh refrains from signaling a future interest rate decision, emphasizing that inflation remains too high. This insight was reported by CNBC. Meanwhile, in the tech world, Meta's stock price has seen a significant surge following reports that the company is developing a cloud business, according to Barens. In other news, Comcast's planned split could greatly affect its streaming service, Peacock, as reported by The Verge. Lastly, Palantir Technologies CEO Alex Carp openly criticized the token model of OpenAI and Anthropic, calling it fundamentally flawed, according to CNBC. Additionally, Wedbush has initiated coverage on SpaceX, with an outperform rating and a price target of $190, as noted by Investors Business Daily. In overseas trading, the Shanghai leads the way down, moving down 82 points. In US markets, the SP 500 is down 14 points to 7,485. The Dow Jones Industrial Average is down 3 points to 52,315, and the Nasdaq is down 164 points to 26,049. The 10-year treasury yield is at 4.46. Commodities are seeing Brent crude down $1 to $67 per barrel, and gold is up $68 to $4,136 per ounce. In sports news, Harry Kane has broken Pelle's World Cup goals record by scoring a brace against Congo DR to help England secure a spot in the round of 16, as reported by ESPN. In entertainment news, Variety reports that director Pierre Coffin voices all of the minions, having developed their unique voice and gibberish language using six semitones and random menu items. Today's daily principle is investing, specifically dealing with accounting. This principle is found in Romans 2, verse 6. The verse reads, For God will reward each of us according to what we have done. This principle underscores the importance of accounting for our actions and decisions in business. Just as financial records reflect our economic activities, our moral and ethical decisions shape our outcomes in the marketplace. Maintaining integrity in our investments and business practices is essential, as it ultimately leads to rewards that reflect our efforts. Stay tuned for more insights and news updates, and remember to keep your principles close in all your business dealings. Learn more at businessbible.com, where daily news meets daily principle.