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WASHINGTON – U.S. economic growth slowed within the fourth quarter, although not as sharply as previously estimated, with fairly strong consumer spending offsetting the drag from efforts by businesses to reduce a listing overhang. Gross domestic product increased in a 1.4 per cent annual rate instead of the previously reported 1.0 per cent pace, the Commerce Department said on Friday ...
Read More »U.S. job growth slows and profits tumble as a strong dollar and cheap oil undercut earnings
