Retailers reported that a benchmark sales figure rose slightly during the month, as shoppers cooled on spending, especially with the cold weather that swept across the nation, particularly in the Midwest and East Coast.
The U.S. dollar weakened against most currencies on Friday, hitting nearly two week lows versus the euro, as weaker-than-expected jobs data raised concerns that the pace of recovery in the American labor market has slowed down.
The United States economy posted disappointing job growth in March. Employers added only 88,000 jobs in March after adding 268,000 jobs in February, confirming fears of a cooling job market which may continue over the coming months.
Larry Page, CEO of Google Inc., announced that Andy Rubin will be leaving Android but not the company. It is speculated that Rubin will be focusing on other projects that best utilize his strengths as an entrepreneurial leader.