US economy lost 23,000 jobs in July in surprise blow to Trump - business live

Rolling coverage of the latest economic and financial news, as US job report dramatically misses expectationsNewsflash: Global food commodity prics have hit a three-year high, as the Ukraine war, conflict in the Middle East and extremely hot weather push up crop prices.The United Nations Food and Agriculture Organizations Food Price Index, which tracks key food prices, has just risen to its highest since January 2023.International sorghum prices edged higher in line with the increases in maize p...