Profits at U.S. corporations in late 2014 posted their largest drop in four years, a reflection of an economy weighed down by a strong dollar and weak global demand. . . . GDP, the broadest measure of goods and services produced across the economy, expanded at a seasonally adjusted annual rate of 2.2% in the fourth quarter, the Commerce Department said. That was unchanged from its previous estimate last month. Economists surveyed by The Wall Street Journal had expected an upward revision to 2.4% growth.
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