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Consumer spending

File photo of money. (Photo by Getty Images)

US Economy Shrinks 0.1 pct., 1st Time In 3½ Years

WASHINGTON (AP) – The U.S. economy unexpectedly shrank from October through December for the first time since 2009, hurt by the biggest cut in defense spending in 40 years, fewer exports and sluggish growth in […]

CBS Charlotte–01/30/2013