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Experts warn slowdown ahead for UK economy

  LONDON / AP British consumers spurred faster-than-expected economic growth in the last three months of 2016, but experts warn a slowdown may be on the way as the country’s plans to leave the European Union curtail spending and investment. The economy grew 0.6 percent in the fourth quarter from the previous three months, according to figures released by the ...

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WhatsApp sued by German consumer group over data policy

  Bloomberg A German consumer group sued Facebook Inc.’s WhatsApp in a Berlin court over clauses that allow the messaging service to collect and transfer user data between the platforms. The suit is challenging the privacy terms WhatsApp changed in August, which allow for transferring some data to Facebook’s social network, VZBV said in a statement on Monday. Each consumer ...

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US consumer spending rises by most in three months

  Bloomberg US consumer purchases climbed in December by the most in three months as incomes picked up, signaling a strong hand-off into 2017. The 0.5 percent advance in consumption, which accounts for about 70 percent of the economy, followed a 0.2 percent advance in the prior month, a Commerce Department report showed on Monday. The December increase matched the ...

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