Reuters - WASHINGTON (Reuters)- The U.S. economy grew a bit faster than first thought in the first quarter as demand for foreign goods fell and commercial building picked up, adding to evidence that the United States may stave off recession.

AP - The gasoline price record keeps getting broken with each passing day. AAA puts the national average for a gallon of regular at a record $3.95. It's jumped 35 cents in the past month and is 76-cents-a-gallon higher than a year ago.

Reuters - The number of U.S. workers filing new claims for jobless benefits rose slightly more than expected last week, while the tally of those remaining on the benefit rolls hit its highest mark in more than four years, the government said on Thursday.

Reuters - Gasoline prices around $4 per gallon are causing more Americans to change their work arrangements or the way they commute to the office, according to a new survey on Thursday.

Reuters - Stocks rallied on Thursday as a $4 drop in oil soothed inflation fears, while an upward revision in a broad measure of U.S. economic growth suggested a recession may be avoided.

AFP - US economic momentum posted a 0.9 percent annual growth pace in the first quarter of the year, the government said Thursday in a report which calmed the nerves of some economists.

Reuters - U.S. crude oil futures fell on Thursday as traders shrugged off inventory data showing domestic crude supplies plummeted unexpectedly and as the dollar strengthened broadly providing pressure to oil futures.

Reuters - WASHINGTON (Reuters)- The economy grew a bit faster than first thought in the first quarter as demand for foreign goods fell and commercial building picked up, adding to evidence that the United States may stave off recession.

AP - Oil prices fell sharply Thursday after the Energy Department reported unexpected declines in crude oil and gasoline supplies last week, but said the drop in crude inventories was due to temporary delays in unloading oil tankers along the Gulf Coast. A stronger dollar and concerns about gas demand also weighed on prices.

AP - Stocks bounded higher Thursday after the government reported that the economy grew last quarter at a faster pace than previously estimated and as oil prices retreated. The Dow Jones industrials at times rose more than 100 points.

AP - The Federal Reserve announced Thursday that it will make a fresh batch of short-term cash loans available to squeezed banks as part of an ongoing effort to ease stressed credit markets.