WASHINGTON—Consumer spending and wage gains eased at the end of last year, signs the U.S. economy is returning to a more moderate pace of growth. Personal-consumption expenditures, or household spending, rose a seasonally adjusted 0.3% in December after a 0.4% rise in November, the Commerce Department said Friday. The reading was in line...

Source: Wall Street Journal January 31, 2020 13:33 UTC