Transport Topics
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Tighter monetary policy, a strong dollar and wage pressure will help tip the U.S. into recession in 2018, says Vadim Zlotnikov, chief market strategist and co-head of multiasset solutions at AllianceBernstein.
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The number of Americans filing applications for unemployment benefits rose more than expected to a six-month high last week, potentially reflecting seasonal swings in a still-healthy labor market.
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Orders for U.S. business equipment climbed more than forecast in November, a sign that corporate investment is starting to firm up.
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The U.S. economy expanded more than previously reported last quarter on bigger contributions from a range of factors such as services spending, intellectual property and construction by state and local governments.
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