You wouldn't be surprised to learn that a laboratory run by the U.S. Department of Commerce is working on more precise methods to measure stuff.
However, you might not expect it to be at the cutting edge of the mind-bending world of quantum physics. But on Tuesday, David Wineland became the fourth employee at the National Institute for Standards and Technology, a federal lab, to win a Nobel since 1997. Wineland learned he will share the Nobel Prize in physics with Frenchman Serge Haroche for work that's both esoteric and practical.
- Consumer prices rose 0.6 percent in August, mainly due to more expensive gasoline. The Bureau of Labor Statistics says most of the bump up came from its gas index, which jumped nine percent. There were lesser increases in other energy products, such as fuel oil, natural gas and electricity. The core rate of inflation, which discounts food and energy, was up 0.1 percent in August. The agency says that's the same rate as July.
No surprise: The economy grew only sluggishly in April, May and June. The U.S. Commerce Department says gross domestic product — the sum of all goods and services produced in the country — grew by just 1.5 percent in the second quarter.
Commerce Secretary John Bryson suffered an apparent "seizure" before a series of car crashes on Saturday in Los Angeles, a department spokesman says, according to an Associated Press "alert" issued just after 9:30 a.m. ET today.
As we reported earlier, Bryson was involved in three seemingly fender benders that did little damage and left those involved with only minor injuries — but led police to cite him for "felony hit-and-run."
Update at 10:26 p.m. ET. Bryson To Take Medical Leave: