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NJ Spotlight News | Business Report: New data on inflation due this week | Season 2022

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          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
Worries about inflation also unnerved Wall Street Monday
The video at the provided URL is a business report segment from PBS NewsHour, focusing on several key economic issues. It discusses the ongoing negotiations between the United Auto Workers (UAW) and the Big Three automakers—Ford, General Motors, and Stellantis—as they approach a critical deadline, with the potential for a strike looming if no agreement is reached. The report also covers the Federal Reserve's recent interest rate decision, maintaining rates steady but signaling possible future hikes to combat inflation. Additionally, it touches on the latest jobless claims data, which came in lower than expected, indicating a robust labor market. The segment concludes with a brief analysis of how these factors could influence the broader economy in the coming months.

Read the Full PBS Article at:
[ https://www.pbs.org/video/business-report-1641847648/ ]