Business Bible News Market Minute: August 25 @ 4:00PM ET

This is a Business Bible News Market Minute for Tuesday August 25 at 4:01 PM Eastern Time. According to Bloomberg, US consumer confidence fell in August to the lowest level since the start of the year on a deteriorating outlook for business conditions and the labor market. Global markets are up today. In overseas trading, the DAX is up 176 points. The Nasdaq is up 165 points to 26,145. Oil is trading at $81 per barrel while gold is at $4,719 per ounce. 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." Learn more at businessbible.com where Daily News meets Daily Principle.

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Business Bible News Market Minute: August 25 @ 4:00PM ET

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