Business Bible Headlines: October 1 @ 11:15AM ET

This is a Business Bible News Headlines for Wednesday October 1 at 11:14 AM Eastern Time, Business Bible News where Daily News meets Daily Principle. In today's business headlines, Ford reports a significant increase in Q3 U.S. sales, rising 8.2%, driven by strong demand for electric vehicles and larger SUVs. The report, sourced from CNBC, highlights the company's ongoing efforts to adapt to changing consumer preferences. In another notable development, Barron's discusses Berkshire Hathaway's potential deal for Occidental Chemical, which could represent a strategic move for Warren Buffett. The article emphasizes how such acquisitions may align with Berkshire's broader investment strategy. Shifting gears to the pharmaceutical industry, Investor's Business Daily reveals that recent tariffs on pharma products have led to a positive response from drug stocks, suggesting that certain market dynamics may benefit select companies. Meanwhile, The Verge reports on Peloton's introduction of upgraded hardware and artificial intelligence features, marking a new chapter for the fitness company as it seeks to rekindle interest in its products. In commodities, CNBC reports that gold prices have reached a new all-time high, fueled by investor caution amid a government shutdown that is impacting risk appetite across markets. Finally, TipRanks notes a concerning trend in the U.S. labor market, with hiring rates dropping to what experts describe as an 'anemic level,' as job openings flirt with a 4-year low. Global markets today are mixed with various indexes showing different movements. In overseas trading, the Shanghai Composite leads the way with a move of 20 points. In U.S. markets, the S&P 500 is down 3 points to 6,685, while the Dow Jones Industrial Average is up 13 points to 46,410. The Nasdaq Composite is down 17 points to 22,642. The 10-year Treasury yield is at 4.11. In commodities, Brent Crude is flat at $61 per barrel. Gold is up $58 to $3,899 per ounce. Moving on to sports news, NBC Sports reports on Jets cornerback Aaron Glenn discussing the officiating quality after their recent loss. In entertainment, Variety highlights a shocking elimination on 'Dancing With the Stars' during TikTok week, sparking discussions about viewer reactions and celebrity performances. Now, let's explore today's Daily Principle. Today's Daily Principle is INVESTING, specifically dealing with Time Horizon 3 years. This principle is found in 1–10:22. The verse reads: 'He had a fleet of ocean-going ships sailing with Hiram's fleet. Every three years his fleet would return, bringing gold, silver, ivory, apes, and monkeys.' This principle teaches us the importance of strategic planning and investing over a longer time horizon. In today's fast-paced business environment, setting a clear plan for 3 years can lead to significant returns and growth. Just as the ships returned with valuable resources, businesses that invest wisely today can reap rewards in the future. Learn more at businessbible.com where Daily News meets Daily Principle.