China Central Bank Keeps Key Policy Rates Unchanged

China's central bank on Monday kept its key policy rates unchanged in an unexpected hold. 


 
S&P 500 Falls Short of Record Despite Weekly Gain

The S&P 500 flirted with a record Friday but fell short, weighed down by a decline in airline stocks. 


 
It Won't Be a Recession-It Will Just Feel Like One

Economists surveyed by The Wall Street Journal lowered the probability of a recession in the coming 12 months, but expect economic growth of just 1%, on average, a significant slowdown from last year. 


 
After 100 Days, Israel's War With Hamas Threatens to Spill Beyond Gaza

One of the biggest geopolitical events this century, the war has swung from a brutal Hamas attack to Israel's ferocious retaliation-with no end in sight. 


 
Fed Posts Its Largest Annual Operating Loss

The central bank's deficit of $114.3 billion last year resulted from its efforts to stimulate the economy and then stamp out inflation. 


 
Congressional Leaders Reach Agreement on New Stopgap Spending Bill

House Speaker Mike Johnson is sticking to his plan to defy the most brass-knuckled budget hawks in his party in a bid to avoid a government shutdown. 


 
Goldman Sachs Goes Big on Lending to the Wealthy

The Wall Street giant, having given up on Main Street consumers, now wants to increase loans to hedge funds, private equity and the ultrarich. 


 
The Last Man Standing in Crypto

Brian Armstrong has continued expanding Coinbase Global despite the industry slowdown and a long string of unprofitable quarters. 


 
How Iowa's Economy Is Faring Heading Into the Caucuses, in Seven Charts

Unemployment is low, and earnings have risen more slowly in the state than nationwide. 


 
More Cheese, Please: Farmers Are Squeezing Cows for Fattier Milk

With dairy products like cheese and butter popular again, the butterfat content of cows' milk has climbed above record highs set in World War II.


(END) Dow Jones Newswires

01-14-24 2315ET