This is a Business Bible News Market Minute for Thursday September 17 at 6:00 AM Eastern Time. According to Bloomberg, US mortgage rates last week climbed to 6.97%, the highest level in more than a year, marking the latest setback for an already sluggish housing market. Global markets are mixed today. In overseas trading, the Nikkei is up 175 points. The Dow is down 615 points to 51,477. Oil is trading at $101 per barrel while gold is at $4,348 per ounce. Today's Daily Principle is ECONOMICS, specifically dealing with Recession. This principle is found in Genesis 41–30. The verse reads: "After that, there will be seven years of famine, and all the good years will be forgotten, because the famine will ruin the country." Learn more at businessbible.com where Daily News meets Daily Principle.