U.S. economy shrinks, profits plunge in Q4 (Reuters)

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U.S. economy shrinks, profits plunge in Q4
    (Reuters)

 


Reuters - U.S. corporate profits plunged a record $120.1 billion in the fourth quarter as the economy shrank at its fastest pace since 1982, depressed by a slump in consumer spending and exports, government data showed on Thursday.


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