Business Bible News Market Minute: January 16 @ 3:00PM ET

This is a Business Bible News Market Minute for Friday January 16 at 3:00 PM Eastern Time. According to Investor's Business Daily, the Trump administration has proposed new measures to address rising power costs driven by demand from data centers and artificial intelligence, impacting energy stocks significantly. Global markets are down today. In overseas trading, the Nikkei is down 139 points. The Dow is down 33 points to 49,408. Oil is trading at $59 per barrel while gold is at $4,594 per ounce. Today's Daily Principle is ECONOMICS, specifically dealing with Scarcity. This principle is found in Ephesians 3–20. The verse reads: To him who by means of his power working in us is able to do so much more than we can ever ask for, or even think of: Learn more at businessbible.com where Daily News meets Daily Principle.