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U.S. job growth slowed in August, but the unemployment rate dropped to a near 7-1/2-year low and wages accelerated, keeping alive prospects of a Federal Reserve interest rate hike later this month. Nonfarm payrolls increased 173,000 last month after an upwardly revised gain of 245,000 in July, the Labor Department said on Friday. August's gain was the smallest in five months as the factory sector lost the most jobs since July 2013.
AC Milan fans hoping to see Mario Balotelli hit top form for the first city derby of the season were kept in check Friday by Rossoneri coach Sinisa Mihajlovic. Balotelli, who has returned to the San Siro on a season-long loan deal, hit the opener, provided an assist and won a penalty on Thursday as Milan beat fourth division side Modena 3-2 in a friendly during the break for international fixtures. Balotelli's goal from distance showed the striker, whose departure from Liverpool was widely applauded by Reds aficionados, has not lost his nose for goal.