Business Bible News Market Minute: May 13 @ 6:00AM ET

This is a Business Bible News Market Minute for Wednesday May 13 at 6:00 AM Eastern Time. According to Bloomberg, the UK bond market tumbles as long-term bond yields reach their highest levels in nearly 30 years amid speculation regarding Prime Minister Keir Starmer's future. Global markets are mixed today. In overseas trading, the Nikkei is up 489 points. The Nasdaq is down 183 points to 26,090. Oil is trading at $101 per barrel while gold is at $4,704 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.