↑ Economy Wholesale inflation was softer than expected, retail sales moved higher in November - Wholesale prices moved up less than expected while consumers kept up a heavy buying pace, according to economic data Wednesday.Tariffs and AI's downside pose top global risks for business, World Economic Forum says - The report captures a shifting landscape where geoeconomic confrontation leaps to the top spot on the list of business worries over the next two yearsChina's December exports sharply beat estimates, imports also top expectations - China's exports growth in December sharply beat expectations, catapulting the annual trade surplus to a record high. A major development in Trump's Fed feud is set to happen next week in the Supreme Court - Supreme Court arguments on Jan. 21 will likely be the next big development for the central bank's quest to maintain independence.December core consumer prices rose at a 2.6% annual rate, less than expected - EconomyDecember core consumer prices rose at a 2.6% annual rate, less than expectedPublished Tue, Jan 13 20268:31 AM ESTUpdated 3 Min AgoJeff Cox@jeff.cox.7528@Global central bankers unite in defense of Fed Chair Jerome Powell - Global central bankers issued a statement Tuesday defending U.S. Federal Reserve Chair Jerome Powell following the launch of a criminal investigation into the central bank chief. Yellen says Powell probe 'extremely chilling' for Fed independence, market should be concerned - Former Fed Chair Janet Yellen spoke Monday to CNBC about a Department of Justice investigation into current Chair Jerome Powell.Republican Sen. Thom Tillis vows to block Trump's Fed nominees following Powell probe - Trump will face an important obstacle — from within his own party — as he seeks to replace Federal Reserve Chair Jerome Powell.Wallace: Crypto Volumes Not Large in DIFC But Growing - Dubai's financial regulator is rolling out major updates to its crypto-token framework to bolster & regulate its digital asset environment. Elisabeth Wallace, Associate Director of Policy & Legal at the Dubai Financial Services Authority spBanks including Citi, JPMorgan slide after Trump calls for credit card interest rate limit - Posting on Truth Social, Trump said said he would "no longer let the American Public be 'ripped off' by Credit Card Companies."