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Survey 2023. Smaller US banks are still struggling. 3.

Smaller U.S. banks are still struggling, even though last year's banking crisis is over.

Rights right now are still at really high levels, which means they're having to pay more to depositors.

Once those start to go down, banks can start to lower those costs,

but it's not as if all their deposits will automatically transfer

to lower rates once the Fed makes its move.

And Microsoft hits the $3 trillion mark.

Plus, China announces new steps to boost bank lending.

It's Wednesday, January 24th.

I'm Anne Marie Fertoli for the Wall Street Journal.

This is the PM edition of What's News,

the top headlines and business stories that moved the world today. The world is seeking to reduce its reliance on fossil fuels and shift to greener renewable

energy sources.

A key debate that's emerged centers around the role of natural gas.

Is it a cleaner substitute for coal or just another form of fossil fuel?

W.S.J. Pro reporter, Louise Garcia, says as the debate continues, some private equity firms are

...