U.S. Corporate Profit Growth Slows as Risks From Shutdown Rise

U.S. Corporate Profit Growth Slows as Risks From Shutdown Rise

Patrick T. Fallon/Bloomberg

Higher payroll taxes weighed on shoppers at retailers such as Wal-Mart Stores Inc., and industrial companies such as Caterpillar Inc. confronted slowing sales at a time when there was little room left to boost profit through cost-cutting.