The Labor Department announced unemployment figures for April on Friday. The jobless rate fell to 8.1 percent, from 8.2 percent in March. There have been conflicting signals about the strength of the economy, and the way voters interpret those signals could have a major impact on the presidential race.
After months of punishing austerity measures, some in Spain want a break and maybe even some stimulus from Europe. But that didn't happen at Thursday's meeting of the governing board of the European Central Bank.
U.S. job growth slowed again in April but the unemployment rate dropped to 8.1 percent; the Department of Justice charged more than 100 individuals with $450 million in Medicare fraud; Republican presidential candidate Newt Gingrich suspended his campaign; and 13 people were charged Wednesday in one of the biggest college hazing cases ever prosecuted in the U.S. Greg Ip of The Economist, Susan Page of USA Today and Reid Wilson of National Journal join Diane for analysis of the week's top national news stories.
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