
‘He says he doesn’t want to pay rent, as he is not getting anything in return and the money is wasted. He thinks I am making money from him.’

* U.S. nonfarm payrolls beat expectations, but jobless rate rises * Dollar still on track to post weekly gain * Graphic: World FX rates https://tmsnrt.rs/2RBWI5E (Recasts, adds U.S. data, new comment, FX table, updates prices, changes byline, dateline; previous LONDON) By Gertrude Chavez-Dreyfuss NEW YORK, July 2 (Reuters) - The dollar slipped from a three-month high on Friday, weighed down by some of the weaker details of what was an overall strong U.S. non-farm payrolls report for June. Data showed that U.S. nonfarm payrolls did beat expectations, increasing by 850,000 jobs last month after rising 583,000 in May. But the unemployment rate rose to 5.9% from 5.8% in May, while the closely-watched average hourly earnings, a gauge of wage inflation, rose 0.3% last month, lower than the consensus forecast for a 0.4% increase.

President Biden proposes eliminating a loophole that allows wealthy people to pass assets tax free to their children but Republican lawmakers say it will hit middle class Americans.

The Chinese Communist Party marked its centenary with tough talk by Chinese President Xi Jinping. That weighed on stocks in the region.
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