Business Bible News Market Minute: June 10 @ 12:00PM ET

This is a Business Bible News Market Minute for Wednesday June 10 at 12:00 PM Eastern Time. According to Bloomberg, US inflation accelerated in May to the fastest pace in more than 3 years as the Iran war pushed up energy prices, outstripping Americans’ pay gains. Global markets are down today. In overseas trading, the DAX is down 216 points. The Dow is down 554 points to 50,317. Oil is trading at $90 per barrel while gold is at $4,140 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.