Business Bible Headlines: January 28 @ 4:00PM ET

This is a Business Bible News Headlines for Wednesday January 28 at 4:02 PM Eastern Time, Business Bible News where Daily News meets Daily Principle. In today's business headlines, we see significant movements across various markets and noteworthy developments from major companies. First, the S&P 500 touched 7,000 for the first time before retreating, as traders await the Federal Reserve's decision on interest rates. According to CNBC, this momentous event reflects the market's response to upcoming economic indicators and the Fed's monetary policy direction. Next, Tesla is set to release its earnings report soon, as reported by Investor's Business Daily. Investors are keen to hear from CEO Elon Musk about the company's performance and future prospects. In another development, President Trump is urging families to open Trump Accounts as tax season begins, a move covered by ABC News. These accounts aim to provide financial tools and resources for families during tax time. Meanwhile, Scott Bessent mentioned in the Financial Times that the Trump administration is still pursuing a strong dollar policy, indicating the administration's focus on maintaining the dollar's value. Additionally, Germany has cut its growth forecasts amid a slow recovery, according to the Financial Times, highlighting ongoing economic challenges in Europe. Lastly, Starbucks has reported an increase in U.S. sales for the first time in 2 years, showcasing a rebound in consumer spending and demand for coffee shops. Now, let's move on to the BBNews Market Analysis. Today, global markets are mixed. In overseas trading, the Shanghai Composite leads the way with a move of 12 points. In U.S. markets, the S&P 500 is down 2 points to 6,976, the Dow Jones Industrial Average is up 6 points to 49,010, and the Nasdaq is up 31 points to 23,848. The 10-year Treasury yield is at 4.25%. In commodities, Brent Crude is up $1 to $63 per barrel, and gold is up $333 to $5,413 per ounce. Moving on to sports news, the Jets have hired Brian Duker as their new defensive coordinator, according to NBC Sports. This hiring marks a significant change in the team's coaching staff. Lastly, in entertainment news, Olivia Wilde's film 'The Invite' has sold to A24 following its premiere at Sundance, as reported by Variety. Today's Daily Principle is BUSINESS, specifically dealing with Private Property. This principle is found in Matthew 20–15. The verse reads: "Don't I have the right to do as I wish with my own money? Or are you jealous because I am generous?" This principle encourages us to recognize the value of ownership and the right to make decisions regarding our resources. In modern business, understanding private property rights fosters innovation and investment, driving economic growth and personal responsibility. Learn more at businessbible.com where Daily News meets Daily Principle.