Business Bible Headlines: January 13 @ 8:00AM ET

This is a Business Bible News Headlines for Tuesday January 13 at 8:04 AM Eastern Time, Business Bible News where Daily News meets Daily Principle. In today's business headlines, we start with Abivax CEO's remarks that the pharmaceutical industry must pay attention to its experimental drug which could hold significant potential for treatment, as reported by Bloomberg. Meanwhile, CNBC highlights that retail's early results during the critical holiday season indicate only modest growth, suggesting consumers are cautious in their spending. In other news, CNBC also reports that Capital One dropped 6% and other banks faced a hit following President Trump's announcement regarding capping credit card rates. This has led to a wave of market reactions, particularly affecting bank shares. Furthermore, ABC News discusses how China and the European Union have agreed on steps to resolve their ongoing dispute over electric vehicle imports, showing a collaborative effort to navigate trade challenges. Lastly, Axios covers a trend where the rapid rise of artificial intelligence is creating a distinct class of wealth, referred to as 'Have-Lots', indicating a growing divide based on technological advancement. Turning our attention to the markets, global markets are mixed today. In overseas trading, the Nikkei leads the way with a move of 1,521 points. In US markets, the S&P 500 is up 10 points to 6,976, while the Dow Jones Industrial Average is up 83 points to 49,587, and the Nasdaq Composite is up 62 points to 23,733. The 10 year Treasury yield is at 4.19. In commodities, Brent Crude is up $1 to $60 per barrel, and gold is down $4 to $4,599 per ounce. In sports news, NFL.com's report highlights Jim Harbaugh's uncertainty regarding whether Greg Roman is the right play-caller for the Los Angeles Chargers after a disappointing performance in the recent Wild Card Weekend game against the New England Patriots. In entertainment news, there are no current headlines to report. Now, onto The Daily Principle. Today's Daily Principle is BUSINESS, specifically dealing with Release (Sabbath Year & Jubilee). This principle is found in Philemon 1–18. The verse reads: 'If he has done you any wrong or owes you anything, charge it to my account.' This principle encourages us to take responsibility and advocate for fairness in our business dealings. In the modern business landscape, it’s essential to acknowledge the value of accountability and to foster an environment where one can right the wrongs of others, promoting a culture of support and ethical responsibility. Learn more at businessbible.com where Daily News meets Daily Principle.