Quick Overview

• U.S. Payrolls increased 103,000, less than the median projection of 150,000

• (Reuters) - Algeria is to suspend customs duties and value added tax on imports of white sugar until Aug. 31, the government announced on Saturday in response to a wave of riots over rising food prices

• High Plains Journal: The average value of an acre of farmland in Iowa increased 15.9% in 2010, according to an annual survey conducted by Iowa State University Extension. Mike Duffy, ISU Extension economist who conducts the survey, said the statewide average land value as of Nov. 1 this year was $5,064 an acre, up $693 per acre from 2009.

• The highest court in Massachusetts affirmed a lower court’s ruling invalidating two foreclosure sales because the banks did not prove that they actually owned the mortgages at the time of  foreclosure.