Business Bible Headlines: March 20 @ 5:00PM ET

This is a Business Bible News Headlines for Friday March 20 at 5:04 PM Eastern Time, Business Bible News where Daily News meets Daily Principle. In today's business headlines, we see significant shifts in the markets amid ongoing global tensions. Gold is set for its worst week in 6 years, primarily due to the war curbing rate-cut bets, according to Bloomberg. Stocks are slipping as the war in Iran continues, heading toward a 4th-straight losing week, as reported by CNBC. The stock market today shows the Dow, S&P 500, and Nasdaq all down, with notable movement in oil prices. Bloomberg also highlights that traders are lifting bets on a Federal Reserve hike this year to 50% as yields surge, indicating a tightening economic environment. Meanwhile, Alibaba and Tencent have lost $66B after their AI vision falls flat, as per Bloomberg's report. In addition, airlines are drafting contingency plans over fears of jet fuel shortages, according to the Financial Times. In overseas trading, the Shanghai Composite is down 49 points. In US markets, the S&P 500 is down 98 points to 6,508, the Dow Jones Industrial Average is down 415 points to 45,605, and the Nasdaq Composite is down 440 points to 21,650. The 10-year Treasury yield is at 4.39. Commodities are showing mixed signals today, with Brent Crude up $1 to $98 per barrel, while gold is down $100 to $4,500 per ounce. Moving on to sports news, Tuskegee basketball coach Benjy Taylor has filed a $1M federal lawsuit against Morehouse College and 2 police officers following his postgame detainment on January 31, as reported by ESPN. Finally, there are no significant updates in the entertainment sector today. Today's Daily Principle is BUSINESS: MANAGEMENT, specifically dealing with Fair Value. This principle is found in 1 Chronicles 21–22. The verse reads: "David said to him, 'Sell me your threshing place, so that I can build an altar to the Lord, to stop the epidemic. I'll give you the full price.'" This passage emphasizes the importance of fair transactions in business dealings. In a time when competition can lead to cutting corners, it is essential to maintain integrity and focus on fair value in transactions. This principle encourages leaders to ensure that they compensate fairly for the resources they acquire, fostering trust and respect in the marketplace. This commitment not only honors ethical standards but also contributes to long-term success in business relations. Learn more at businessbible.com where Daily News meets Daily Principle.