The economy is losing momentum, according to new numbers from the Federal Reserve’s favorite inflation gauge. The Personal ...
U.S. GDP grew 1.4% in Q4, down from 4.4% in Q3, as consumer and government spending slowed; hiring remained weak despite ...
GDP rose at an annualized rate of just 1.4 percent, according to the Commerce Department, well below the Dow Jones estimate for a 2.5 percent gain.
However, the initial reaction from many on the Street wasn't overly negative, with many pointing to the U.S. government stoppages as the main culprit for the lackluster expansion. "At first glance the ...