December 18 (Wednesday)
Markets
Stocks Hang On to Extend Winning Streak (W)
Good Year for Corporate Bonds Gets Better as Threats Fade (W)
Pound Sees Biggest Drop in a Year Amid Brexit Trade Worries (W)
Natural-Gas Shorts at Highest Level Since Financial Crisis (W)
Central banks
‘Decade of the central bank’ ends with the Fed and its global cohorts in need of some new tricks (C)
Fed Risks Creating an Environment For Another Financial Crisis, Ex-Officials Say (B)
US
U.S. Factory Production Rebounds in November (W)
Why You Shouldn’t Believe Those G.D.P. Numbers (N)
Europe
Johnson Pledges Full U.K. Exit From EU by End of 2020 (W)
US politics
House passes $1.4 trillion spending plan to prevent shutdown, sending it to Senate (C)
Trump slams impeachment as an ‘illegal, partisan attempted coup’ in angry 6-page letter to Pelosi (C)
‘Trump totally unchained’: Second term could mean more trade wars, Powell exit, new tax cuts (C)
Lawmakers Reach Late and Narrow Tax-Break Deal (W)
FISA Court Rebukes FBI Over Trump Aide Surveillance (W)
Geopolitics & trade
House committee approves USMCA trade deal, setting up vote on Thursday (C)
U.S.-Mexico-Canada Agreement does not deliver on what the moment demands
Industries & companies
FAANGs: Amazon sellers are the latest casualty from the company’s spat with FedEx (C)
FAANGs: You Might Be Buying Trash on Amazon—Literally (W)
Financials: Regulators Find Shortcomings in Resolution Plans at Six Large U.S. Banks (W)
Industrials: GE’s 737 MAX Problem Just Got Bigger (W)
Retail: Bed Bath & Beyond’s new CEO just blew up his executive circle — in the midst of the holiday season (C)
Shipping: FedEx shares slip after second-quarter earnings miss (C)
Corporate finance
Carlyle, Others Buy Stake in AmEx Corporate-Travel Business (W)
WeWork Clinches $1.75 Billion in Financing With Goldman’s Backing (B)
Offbeat
It Isn’t Just Uber: California Prepares for New Gig Worker Rules…and Confusion (W)
Cramer: Many billionaires might have actually supported Elizabeth Warren, but she blew it (C)