Business Bible News Market Minute: May 13 @ 9:30AM ET

This is a Business Bible News Market Minute for Wednesday May 13 at 9:30 AM Eastern Time. According to Investor's Business Daily, the Senate Banking Committee has released its version of the Clarity Act ahead of its Thursday markup hearing, revealing stablecoin rules and provisions for cryptocurrency as Bitcoin and other crypto prices eased. Global markets are mixed today. In overseas trading, the Nikkei is up 489 points. The Nasdaq is down 185 points to 26,088. Oil is trading at $102 per barrel while gold is at $4,699 per ounce. Today's Daily Principle is Economics, specifically dealing with Gold Standard. This principle is found in Leviticus 27–25. The verse reads: 'All prices shall be set according to the official standard.' Learn more at businessbible.com where Daily News meets Daily Principle.