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flag US unemployment claims hit a four-year high at 263,000, signaling a weakening job market.

flag US unemployment claims rose to 263,000 last week, the highest in nearly four years, surpassing economists' forecasts of 235,000. flag This increase indicates a weakening labor market and could prompt the Federal Reserve to cut interest rates next week. flag However, rising inflation may complicate the Fed's decision, as it balances price stability with employment support.

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