U.S. factory orders fall for a fifth straight month

WASHINGTON (MarketWatch) – New orders for factory-made goods in the U.S. sank 3.4% in December to mark the fifth straight decline, the Commerce Department said Tuesday. The latest drop suggests...

U.S. economy grew 2.6% in fourth quarter of 2014

By Senior economics reporter WASHINGTON (MarketWatch) – The U.S. economy grew by a 2.6% annual pace in the fourth quarter, slowing from a 5.0% pace in the third quarter, according to a prelimin...