With the end of the year in sight, the US economy continues to show signs of a sharp pickup in growth in the fourth quarter, based on several nowcasts.

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* US jobless claims appear to be stabilizing at pre-pandemic levels
* Another hot inflation report expected for tomorrow’s November update
* Policy shift at next week’s Fed meeting may damage central bank’s credibility
* US export challenges mounting due to bottlenecks at American ports
* China inflation continued rising in November but signs of peaking emerge
* China property developer Evergrande has defaulted on its debt: Fitch Ratings
* Could it happen again? World isn’t prepared for the next pandemic, report warns
* Italy fines Amazon $1.3 billion on charges of exploiting its market power
* US job openings rebounded in October, surprising forecasters on the upside: