Wall Street inched lower on Thursday after rallying in the previous session. Source: detroitnews.com

Also this week, costs of the Iran war, sex workers, types of tourists, boredom at work, fizzy water Source: economist.com

Kristalina Georgieva says even ‘most hopeful scenario’ will lead to growth downgrade and cause permanent hit to living standards Source: theguardian.com

How a close examination of the richest — and most annoying — man in the world explains the global economy. Source: nymag.com

WASHINGTON (AP) — The American economy, slowed by last fall’s 43-day government shutdown, grew at a sluggish 0.5% annual pace from October through December, the Commerce Department reported Thursday in downgrade of its previous estimate. U.S. gross domestic — the nation’s output of goods and … Source: usnews.com

American Airlines is joining Delta, United, Southwest and JetBlue in raising its checked bag fees as the industry deals with high jet fuel prices. Source: cnbc.com