Business Bible News Market Minute: December 16 @ 11:00AM ET

This is a Business Bible News Market Minute for Tuesday December 16 at 11:00 AM Eastern Time. According to Bloomberg, China’s retail sales grew at the weakest pace since the crash caused by Covid while investment slumped further, underlining growing risks to the economy after several months of deterioration. Global markets are down today. In overseas trading, the Nikkei is down 682 points. The Dow is down 143 points to 48,273. Oil is trading at $55 per barrel while gold is at $4,360 per ounce. Today's Daily Principle is BUSINESS, specifically dealing with Inheritance. This principle is found in Proverbs 20–21. The verse reads: 'The more easily you get your wealth, the less good it will do you.' Learn more at businessbible.com where Daily News meets Daily Principle.