Business Bible News Market Minute: August 31 @ 9:30AM ET

This is a Business Bible News Market Minute for Monday August 31 at 9:30 AM Eastern Time. According to Bloomberg, Gold steadies after a significant drop as Federal Reserve Chairman Kevin Warsh’s commitment to combat inflation increases expectations for interest rate hikes before the year ends. Global markets are down today. In overseas trading, the DAX is down 181 points. The Dow is down 210 points to 53,349. Oil is trading at $85 per barrel while gold is at $4,493 per ounce. Today's Daily Principle is BUSINESS: MANAGEMENT, specifically dealing with Fair Value. This principle is found in 2 Samuel 24–24. The verse reads: "But the king answered, “No, I will pay you for it. I will not offer to the Lord my God sacrifices that have cost me nothing.” And he bought the threshing place and the oxen for 50 pieces of silver." Learn more at businessbible.com where Daily News meets Daily Principle.

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Business Bible News Market Minute: August 31 @ 9:30AM ET

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