AP - The U.S. Air Force has chosen bases in Arizona, Florida, Utah and Vermont as homes for the military's F-35 Joint Strike Fighter, prompting applause from officials banking on the pricey new combat jets to supercharge their communities' economies.
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Top News Stories: AZ, FL, UT, VT to get Air Force's new F-35 fighter (AP) China overtakes Japan as No.2 economy: FX chief (Reuters) Reuters - China has overtaken Japan to become the world's second-largest economy, the fruit of three decades of rapid growth that has lifted hundreds of millions of people out of poverty. Puerto Rico struggles in the downturnWith nearly one in five people unemployed, the economic future looks bleak in Puerto Rico. UPDATE 2-China overtakes Japan as No.2 economy - FX chiefUPDATE 2-China overtakes Japan as No.2 economy - FX chief Dollar ends week on a highTHE dollar closed higher on today ahead of expected weak economic data from the United States. Dollar falls and European shares slip on U.S. fears
(Reuters)
Reuters - The dollar fell to an eight-month low against the yen on Friday while European and Asian shares slipped on worries U.S. growth data due later in the day may show the world's biggest economy is losing steam. Obama to sell auto bailout good news in Michigan
(AP)
AP - President Barack Obama is going to the heart of the U.S. auto industry to push an important election-year claim: his administration's unpopular auto industry bailout has turned into an economic good-news story. UPDATE 1-China overtakes Japan as No.2 economy -FX chiefUPDATE 1-China overtakes Japan as No.2 economy -FX chief S&P raises Ukraine ratings after IMF deal
(AFP)
AFP - Standard and Poor's on Friday said it was raising its assessment of Ukraine's sovereign debt after the IMF agreed a 15 billion dollar package to help its economy emerge from the economic crisis. WRAPUP 1-US economic growth seen slower in Q2 on importsWRAPUP 1-US economic growth seen slower in Q2 on imports
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