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World Service,07 Aug 2026,9 mins

US creates fewer new jobs than expected

World Business Express

Available for over a year

Overall, the US economy shed 23,000 jobs in July in the latest sign of a cooling labour market. Traders say an interest rate rise is now less likely. Meta, the owner of Instagram and Facebook, has been fined a record penalty of half a billion dollars in a court case over child safety. And a row has broken out in the UK as a local authority tries to stop people standing up in pubs.

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