Business Bible News Market Minute: June 23 @ 6:00AM ET

This is a Business Bible News Market Minute for Tuesday June 23 at 6:00 AM Eastern Time. According to Bloomberg, Oracle Corp. reduced its workforce by 21,000 employees in the past 12 months, a wider scale than previously known, including those whose jobs were eliminated by the use of artificial intelligence. Global markets are down today. In overseas trading, the Nikkei is down 2,418 points. The Nasdaq is down 343 points to 26,174. Oil is trading at $73 per barrel while gold is at $4,135 per ounce. Today's Daily Principle is BUSINESS, specifically dealing with Wages. This principle is found in 1 Kings 5–6. The verse reads: 'So send your men to Lebanon to cut down cedars for me. My men will work with them, and I will pay your men whatever you decide. As you well know, my men don't know how to cut down trees as well as yours do.' Learn more at businessbible.com where Daily News meets Daily Principle.