U.S. Economy Unexpectedly Shrinks in Fourth Quarter

Jan. 30 (Bloomberg) -- The economy in the U.S. unexpectedly shrank in the fourth quarter, restrained by the biggest plunge in defense spending in four decades and dwindling inventories as household purchases picked up. Gross domestic product, the volume of all goods and services produced, dropped at a 0.1 percent annual rate, Commerce Department figures showed today in Washington. Betty Liu and Michael McKee report on Bloomberg Television's "In the Loop." (Source: Bloomberg)

Full Show: Best of Bloomberg Technology (05/26)
50:28 - The best interviews and technology news highlights from the week are brought together in "Best of Bloomberg Technology," a weekly long-form program hosted by Bloomberg Technology's Emily Chang. (Source: Bloomberg)
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