Business Bible Headlines: December 3 @ 4:00PM ET

This is a Business Bible News Headlines for Wednesday December 3 at 4:08 PM Eastern Time, Business Bible News where Daily News meets Daily Principle. In today's business headlines, Bond investors warn the US Treasury against selecting Kevin Hassett as the next Federal Reserve chair, citing concerns over his previous economic forecasts. In a related note, Fanatics has launched a prediction market across 24 states, aiming to expand its footprint in the sports betting landscape. Delta Airlines reports that the recent government shutdown has cost them $200M but remains optimistic about strong travel demand heading into 2026. Meanwhile, Waymo, the autonomous vehicle subsidiary of Alphabet, finds itself in the news after a driverless taxi was involved in an incident during a police standoff. Lastly, Harvard graduates have successfully raised $20M for Ostium, a platform designed to focus on a derivative that has gained popularity among cryptocurrency traders. In overseas trading, the Shanghai Composite is down 18 points. In US markets, the S&P 500 is up 21 points to 6,850, the Dow Jones Industrial Average is up 415 points to 47,890, and the Nasdaq Composite is up 40 points to 23,454. The ten-year Treasury yield is at 4.06. In commodities, Brent Crude is flat at $59 per barrel, and gold is flat at $4,237 per ounce. In sports news, NBC Sports reports that the Packers-Lions Thanksgiving opener has broken the previous regular-season viewership record with 47.7M viewers. In entertainment, Variety covers the National Board of Review winners for 2025, where Paul Thomas Anderson's "One Battle After Another" claimed best film and director. Today's Daily Principle is ECONOMICS, specifically dealing with Recession. This principle is found in Genesis 41–30. The verse reads: "After that, there will be seven years of famine, and all the good years will be forgotten, because the famine will ruin the country." This principle highlights the cyclical nature of economic conditions, reminding us that periods of prosperity can be followed by downturns. In the world of business, it is crucial to prepare for potential challenges by diversifying investments and maintaining a strong financial foundation. By learning from the lessons of the past, businesses can navigate future uncertainties more effectively. Learn more at businessbible.com where Daily News meets Daily Principle.