US economy grows 3% in Q4; marginally lower than expected
PUBLISHED ON: March 29, 2012 | Duration: 22 min, 06 sec
Wall Street slips in early trade for a third session, after the jobless claims report missed expectations and slowdown fears in China keeps investors on edge. Meanwhile, US economy grew 3 per cent in the fourth quarter, marginally lower than the 3.2% growth expected by analysts. Also, President Barack Obama says shift tax breaks from oil companies to alternative energy research.