U.S. EconomyReuters - Vice President Joe Biden on Saturday hailed the recovery of the U.S. auto industry, turning White House attention back to the domestic priority of job creation after a week devoted to foreign policy.
U.S. Economy
Washington state bank is shut; 44 failures in 2011 (AP)
AP - Regulators on Friday shut down a small bank in Washington state, pushing to 44 the number of U.S. bank failures this year in the wake of a severe recession and mounting troubled loans.
Gas prices dip before holiday; but above year ago (AP)
AP - Drivers can expect some relief at the gas pump as they set out for the Memorial Day weekend.
Dollar falls after poor economic data (AFP)
AFP - The euro rose against the dollar on Friday after another set of weak US economic indicators but was held back by persistent concerns over a possible Greek debt default, dealers said.
Dollar drops as worries about US economy persist (AP)
AP - The dollar dropped Friday as a report on consumer spending reinforced concerns about U.S. economic growth.
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