Job growth was even weaker than economists feared in June as public and private employers added just 80,000 jobs to their payrolls, the Bureau of Labor Statistics reported this morning. They had been expecting BLS would say there were closer to 100,000 more jobs in June than in May.
A separate BLS survey showed the nation's jobless rate remained stuck at 8.2 percent. It's been above 8 percent since February 2009.
Three weeks from today, the 2012 London Summer Olympics begin. London will show off its cathedrals and castles, it's parliament and palaces, all that is splendid in one of the world's greatest cities. There is a seedy side of London, however, one that Olympic organizers presumably will not present. That is where we'll be going today with this encore presentation from our Crime in the City series.
Mystery writer Mark Billingham took reporter Vicki Barker to some of the places that inspired his dark twisted thrillers.
And today's last word in business takes us to London, where Europe's new tallest building has been inaugurated. It's called the Shard. Maybe that's because it sort of looks like a giant shard of glass, 1,016 feet tall. It stands out in a city with a relatively low skyline. It towers over the Tower of London, and the Shard brings many metaphors to mind.
The Planet Money team digs into the rate-setting scandal engulfing the British bank Barclays. Emails reveal bank employees were shockingly casual and explicit in their communications about manipulating one of the key financial benchmarks in the global economy.