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US Economic Growth Falters

The U.S. economy expanded at a disappointing 1.2 percent annual rate in April, May, and June, as weak business investment outweighed strong consumer spending. Friday's Commerce Department report also said the previous quarter's growth was slower than first thought. Analysts say weak business investment may reflect worries about the global economy. Manufacturers have been hurt by the strong U.S. dollar that makes U.S. products more expensive on global markets. The energy...

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