WASHINGTON - U.S. economic growth slowed sharply in the fourth quarter as weak business spending and a wider trade deficit offset the fastest pace of consumer spending since 2006.
Recent Top News
- Xerox Corp , best known for its printers and copiers, reported a slightly better-than-expected quarterly profit as expenses declined 4 percent.
BAGHDAD - Islamic State militants struck at Kurdish forces southwest of the Iraqi city of Kirkuk on Friday morning, while bombs in Baghdad and Samarra killed at least 21 people, security and medical sources said.
CAIRO/ISMAILIA - Egyptian President Abdel Fattah al-Sisi cut short a visit to Ethiopia for an African Union summit on Friday, after Islamic State's Egyptian wing claimed the killing of at least 30 security personnel in the Sinai Peninsula.
KIEV - A representative of pro-Russian rebels said on Friday he was traveling to the Belarussian capital Minsk for talks with envoys from Kiev, Moscow and the Organization for Security and Cooperation in Europe, a separatist news agency reported.
MANILA - Philippine President Benigno Aquino on Friday promised justice for 44 policemen killed in a clash with Muslim rebels but, underscoring his calls for the violence not to derail peace efforts, warned against an angry response to the violence.
- An elderly man and woman found dead outside their homes in separate coastal Massachusetts communities were likely victims of a massive blizzard that hit New England earlier this week, police said on Thursday.
SANAA - Schoolboy Mohammed Taeiman died this week on a remote Yemeni road, a casualty of a U.S. drone campaign against the local branch of al Qaeda that seems to be sliding into disarray.