Breaking News: Economy

• Fed's Goolsbee says inflation could come 'roaring back' if central bank independence goes away - "Anything that's infringing or attacking the independence of the central bank is a mess," Goolsbee told CNBC.
• UK economy surprises with stronger-than-expected 0.3% growth in November - The U.K. economy grew by a more-than-expected 0.3% in November, data from the Office for National Statistics showed Thursday.
• U.S. freezes new immigrant visas for 75 countries: See the full list - The U.S. said Wednesday it will pause issuing immigrant visas to citizens of 75 countries over concerns that they may use public assistance in the future.
• Seizing Greenland risks 'monumental' fallout, ex-Iceland president warns, as Trump sharpens rhetoric - A U.S. attempt to seize Greenland by force would trigger "monumental consequences" for the Western alliance and the global order, said former Icelandic President Olafur Grimsson.
• Sen. Warren says Trump called her to work on credit card interest rate caps - Republicans on Capitol Hill have lightly thrown cold water on capping credit card interest at 10%.
• 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 years
• China'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.
• Data center REIT CEO says real estate ‘not in an oversupply state’ - Andy Power, CEO of Digital Realty says data center real estate is not oversupplied as hyperscalers like Nvidia, Amazon, Google and Meta announce more projects.