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US stocks drop as mixed jobs report keeps investors guessing

Steve Rothwell, Associated Press  |  Posted  Sep 4th - 10:22am

U.S. stocks dropped on Friday after a mixed U.S. jobs report left investors uncertain about the outlook for the Federal Reserve's interest rate policy.

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

Christopher S. Rugaber, Associated Press  |  Posted  Sep 4th - 9:50am

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.

Horse industry worries about plans to curb casino subsidies

Philip Marcelo, Associated Press  |  Posted  Sep 4th - 9:20am

Horse track operators and breeders are concerned the good times might be trotting to a close as some states move to rein in a lucrative subsidy that's helped prop up their long suffering-industry.

Timber business booming throughout northeast Florida

Melissa Nelson-Gabriel, Associated Press  |  Posted  Sep 4th - 7:40am

The towering grove of century-old longleaf pines surrounding Roger Ward's family home is a rare site in this verdant swath of north-central Florida — most pines here are cut and processed for profit as soon as their 15-to-18-year growth cycle is complete.

Maryland's Cardin to oppose Iran nuclear deal

Erica Werner, Associated Press  |  Posted  Sep 4th - 10:41am

Maryland Sen. Ben Cardin, the top Democrat on the Foreign Relations Committee, has announced he opposes the nuclear deal with Iran.

Disney unveils Star Wars toys amid marketing blitz

Bree Fowler and Ryan Nakashima, Associated Press  |  Posted  Sep 4th - 10:31am

The release of the new Star Wars movie may still be months off, but Disney is unleashing its full marketing "Force" behind the launch of hundreds of toys and other items related to the film.

Ex-son-in-law of John Gotti pleads not guilty to conspiracy

The Associated Press  |  Posted  Sep 4th - 10:21am

A reputed member of New York's Cambino crime family and former son-in-law of John Gotti has pleaded not guilty in Cleveland to charges including conspiracy and money laundering.

Utah Mia Love returning $1,000 used for trip to DC for gala

Michelle L. Price, Associated Press  |  Posted  Sep 4th - 10:21am

U.S. Rep. Mia Love of Utah says she's repaying more than $1,000 in taxpayer funds she spent on a weekend trip to Washington, D.C. for a black-tie gala, though her office says the trip also included some official business.

Maya Angelou's art collection is headed to New York auction

Ula Ilnytzky, Associated Press  |  Posted  Sep 4th - 10:11am

The art collection of celebrated writer and civil rights activist Maya Angelou is heading to auction this month.

Review cites problems at Texas hospital during Ebola crisis

Emily Schmall, Associated Press  |  Posted  Sep 4th - 9:51am

The Texas hospital that treated the first person diagnosed in the U.S. with Ebola was not adequately prepared for a patient with the deadly virus and stumbled because of communication failures, an independent review released Friday found.

Small plane crashes on New Jersey rec field; 2 aboard hurt

The Associated Press  |  Posted  Sep 4th - 9:20am

A small plane crashed on a recreation field just hours before kids' sports practices were set to begin, injuring the two people aboard, authorities said.

TSA agent at Kennedy Airport charged with stealing $7K watch

The Associated Press  |  Posted  Sep 4th - 9:11am

A Transportation Security Administration screener has been charged with stealing a passenger's $7,000 diamond watch from a plastic bin at a Kennedy Airport security checkpoint.

Grain mostly higher, livestock lower

The Associated Press  |  Posted  Sep 4th - 9:00am

Grain futures were mostly higher in early trading Friday on the Chicago Board of Trade.

Dollar higher

The Associated Press  |  Posted  Sep 4th - 8:11am

The U.S. dollar is higher against other North American currencies in New York trading.

NYC exhibit highlights transit response to 9/11, superstorm

The Associated Press  |  Posted  Sep 4th - 7:30am

An upcoming exhibit highlights the critical role of New York City transit workers during natural and man-made disasters, including 9/11 and Superstorm Sandy.

Indonesia drops high-speed train plan, chooses slower option

The Associated Press  |  Posted  Sep 4th - 7:11am

Indonesia has dropped its plan to build a high-speed train line and is shifting instead to more economical medium-speed technology, a Cabinet minister said Friday.

Pump Prices Low for Labor Day Weekend

The Associated Press  |  Posted  Sep 4th - 7:01am

For the first time in a decade, the average price for a gallon of gas is $2.50 for the final summer getaway of the season.

US employers added 173,000 jobs in August; unemployment rate falls to 7-year low of 5.1 pct.

The Associated Press  |  Posted  Sep 4th - 6:31am

US employers added 173,000 jobs in August; unemployment rate falls to 7-year low of 5.1 pct.

UMass, 7 unions reach deal to pay $10.9M in back pay

The Associated Press  |  Posted  Sep 4th - 5:10am

The University of Massachusetts and seven labor unions have reached an agreement to pay $10.9 million in retroactive pay to faculty and staff.