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New concerns about rate hike...Brady, Goodell back in court...Merkel: European nations must do more

By The Associated Press | Posted - Aug. 31, 2015 at 9:00 a.m.



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NEW YORK (AP) — Investors appear to be reacting today to signs that the Federal Reserve is still on pace to raise interest rates next month. Stocks have been lower in early trading, as oil prices fell. Over the weekend, Fed Vice Chairman Stanley Fisher said policymakers still have a "pretty strong case" for raising rates in September.

NEW YORK (AP) — NFL Commissioner Roger Goodell and New England Patriots quarterback Tom Brady have arrived early for a court appearance in New York for the "Deflategate" case. The pair arrived separately about an hour and a half before they were scheduled to appear before Judge Richard Berman in Manhattan. The judge had ordered both to show up for a final conference before he rules on whether Brady must serve a four-game suspension for his role in using underinflated footballs during a playoff game last season.

BERLIN (AP) — German Chancellor Angela Merkel is pressing other European Union nations to do more to share the burden of this year's influx of migrants, but she says there's no sense in countries trading insults. Germany has taken more asylum-seekers than any other EU country. Merkel pressed anew for quotas to spread the migrants out among more countries in the 28-nation bloc.

VIENNA (AP) — Austria has stepped up inspections at its Hungarian border after 71 migrants apparently suffocated in a truck. The inspections created a massive, 18 1/2-mile traffic jam on the main Budapest-Vienna highway. In neighboring Germany, the state government in Bavaria said it also had launched special traffic checks on highways near the border with Austria.

KIEV, Ukraine (AP) — A Ukrainian police officer has been killed when a grenade exploded outside the country's parliament. Riot police had been facing off against protesters taking part in nationwide demonstrations against a vote to give greater powers to separatist regions in the east.

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The Associated Press

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