Americas

US economy loses momentum in fourth quarter

WASHINGTON — The US economy sputtered at the end of 2015, with the impact of slower global growth and turmoil across markets spilling over into US business investment and...

US economy loses momentum in fourth quarter

US economy loses momentum in fourth quarter

WASHINGTON — The US economy slowed sharply in the fourth quarter of last year to a 0.7 per cent pace of growth, due to the oil price crash and the strong dollar’s drag on exports.