Business Bible Headlines: October 1 @ 5:00PM ET

This is a Business Bible News Headlines for Wednesday October 1 at 5:06 PM Eastern Time, Business Bible News where Daily News meets Daily Principle. In today's top business headlines, the S&P 500 has risen to a new record, reversing earlier losses as traders remain optimistic about a short-lived government shutdown, according to CNBC. Ford and General Motors are taking steps to keep the $7,500 tax credit alive by purchasing their own electric vehicles, as reported by The Verge. The Federal Trade Commission has accused Zillow of paying $100M to dismantle a competitor, Redfin, also covered by The Verge. In significant acquisition news, Investor's Business Daily highlights that AES has seen a breakaway gap following a potential $38B buyout from BlackRock's Global Infrastructure Partners. Lastly, CNBC reports that Ford has seen a robust third quarter with U.S. sales rising by 8.2%, driven by electric vehicles and large SUVs. In BBNews Market Analysis, global markets are up today. In overseas trading, the FTSE 100 leads the way with a move of 105 points. In U.S. markets, the S&P 500 is up 22 points to 6,710, the Dow Jones Industrial Average is up 42 points to 46,439, and the Nasdaq Composite is up 104 points to 22,764. The 10-year Treasury yield is at 4.11. In commodities, Brent Crude is flat at $61 per barrel, and gold is up $49 to $3,890 per ounce. In sports news, Oregon running back Makhi Hughes has decided to redshirt this season after limited play, according to ESPN. In entertainment news, Jimmy Fallon has shared plans to keep politics out of 'The Tonight Show' and focus on entertainment, as reported by Variety. Today's Daily Principle is investing, specifically dealing with reward. This principle is found in Revelation 22–12. The verse reads: “Listen!” says Jesus. “I am coming soon! I will bring my rewards with me, to give to each one according to what he has done.” In modern business, this principle emphasizes the importance of diligence and hard work, reminding us that our efforts will ultimately yield rewards. Just as in investing, where patience and strategy can lead to fruitful outcomes, so too can our commitment and integrity in our daily endeavors lead to lasting success. Learn more at businessbible.com where Daily News meets Daily Principle.