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Speaker of the House Nancy Pelosi responded to President Donald Trump's statement that he wants to deliver the State of the Union in the House chamber Tuesday. She said no. Can Trump show up anyway? Sort of. Meanwhile, U.S. courts will soon be forced to close while Trump's pet projects continue to thrive. Thursday will be the 34th day of the impasse over his border wall funding demand. —Josh Petri

Here are today's top stories

The U.S. could see zero growth this quarter if the partial government shutdown extends through March, according to the White House.

Michael Cohen, Trump's former personal lawyer, has postponed his testimony before Congress citing his family's safety and calls by the president for a probe of his father-in-law. Cohen's lawyer said Trump has "terrorized" his client. 

Russia and China are taking advantage of changes in the “strategic environment” to undermine American objectives.

The Fed is examining how Deutsche Bank handled billions of dollars in suspicious transactions from Denmark’s leading lender.

The UK is moving closer to a plan to delay Brexit in order to stop the country dropping out of the EU with no deal. Here's the latest.

Trump intends to recognize opposition leader Juan Guaido as the president of Venezuela, in the U.S.’s most provocative move yet against President Nicolas Maduro.

What's Joe Weisenthal thinking about? The Bloomberg news director has been closely watching the Bloomberg Economic Surprise Monitor. Basically, every type of datapoint is coming in below expectations, with the exception of labor and household data.

What you'll need to know tomorrow

What you'll want to read tonight

Rebooting Communist Kicks for Modern Tastes

In East Germany, Zeha was pretty much the only sports shoe available, as the likes of Adidas, Puma, and Nike came from the other side of the Iron Curtain. Today, the brand sells not only sneakers but also dress shoes, socks, bags, and wallets made from scrap leather.

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