U.S. Q4 economic growth revised downward

U-S economic growth wasn’t as robust at the end of last year as first thought. The Commerce Department has revised downward the fourth-quarter GDP to a sluggish zero-point-7 percent. That’s half the growth of the initial estimate and down sharply from the strong economic performance in last year’s second and third quarters. The government also reported that January’s core inflation was 3-point-1 percent.