Business Bible News Market Minute: July 1 @ 6:00AM ET

This is a Business Bible News Market Minute for Wednesday July 1 at 6:00 AM Eastern Time. According to Bloomberg, Mamdani’s New Pied-à-Terre Tax leaves wealthy second-home owners with few loopholes, prompting them to reprice, rent out, and recalibrate their financial strategies. Global markets are up today. In overseas trading, the Nikkei is up 364 points. The Nasdaq is up 383 points to 26,203. Oil is trading at $68 per barrel while gold is at $3,998 per ounce. Today's Daily Principle is BUSINESS: MANAGEMENT, specifically dealing with Fair Value. This principle is found in 1–21:22. The verse reads: "David said to him, “Sell me your threshing place, so that I can build an altar to the Lord, to stop the epidemic. I'll give you the full price.”" Learn more at businessbible.com where Daily News meets Daily Principle.