Fed's Dudley: Too soon to say economy out of danger

SYRACUSE, New York (Reuters) - The disappointing performance of the U.S. labor market in March shows it is too early to conclude the economy is out of the woods, despite months of encouraging economic data, New York Federal Reserve Bank president William Dudley said on Thursday. The Fed is gathering more data to determine whether last month's non-farm payrolls report, which showed the economy added way fewer jobs than expected, was just a weather-related setback or a sign the recovery is losing momentum again, Dudley said. An influential voting member of the U.S. ...

Perry shifts focus to Obama, criticizes Asia trip (AP)

AP - Republican presidential hopeful Rick Perry assailed President Barack Obama anew Friday — this time on an arms-trafficking probe and jobs — as part of a recent push by the Texas governor to shift the focus from his GOP rivals and his struggling campaign to the Democratic incumbent.