Economy Nearly Stalled in 4th Quarter; Suffers Worst Year Since 2002

The economy nearly stalled in the fourth quarter with a growth rate of just 0.6 percent, capping its worst year since 2002. The Commerce Department’s report on the gross domestic product, released Wednesday, showed an economy that had deteriorated considerably … Continue reading Economy Nearly Stalled in 4th Quarter; Suffers Worst Year Since 2002