World Business Report - US creates fewer new jobs than expected

Download US creates fewer new jobs than expected

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.

Published on Friday, 7th August 2026.

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