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News Story of the Day

US jobless rate falls to 7-year low; Fed move still unclear


WASHINGTON (AP) — The U.S. unemployment rate fell to a seven-year low in August as employers added a modest 173,000 jobs, a key piece of evidence for the Federal Reserve in deciding whether to raise interest rates from record lows later this month. The jobless rate fell to 5.1 percent — a level the Fed says is consistent with a normal economy — from 5.3 percent in July, the government said ...

Sports Story of the Day

Column: Closed cockpits in Formula One? Not so fast


MONZA, Italy (AP) — The idea of enveloping Formula One drivers in closed cockpits to better protect them from flying debris and crashes is more complicated than it sounds. The governing body of motorsport, the FIA, has tried, and for the moment, rejected closed cockpits for F1 after they tested one concept by firing heavy tires at the canopy of an F-16 fighter jet. F1 is, however, working ...

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