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The U.S. economy was in worse shape in the weeks before the U.S. and Israel launched strikes against Iran than earlier government estimates had suggested.

The U.S. economy grew at a much slower than expected pace in the fourth quarter, according to new data released on Wednesday. The Commerce Department's Bureau of Economic Analysis (BEA) released its ...

The economy was even slower in the fourth quarter of last year than previously reported. The Commerce Department on Friday said that gross domestic product grew at just an 0.7% annual rate in the ...