U.S. employers slowed their hiring in August after two blockbuster months and barely raised their workers' pay, a pullback that may lead the Federal Reserve to leave interest rates alone until late this year.
A surprisingly lackluster economy last quarter served as a reminder of how choppy the pace of growth has been since the Great Recession ended seven years ago. Businesses pared their stockpiling and investment through the spring. But consumers -- the heart of the U.S. economy -- kept spending.
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