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NJ Spotlight News | Business Report: Maternal and infant program | Season 2022

Grant program to help development of products, services that support women and children
The video at the provided URL is a business report segment from PBS NewsHour, focusing on recent economic developments. It discusses the Federal Reserve's decision to raise interest rates by a quarter percentage point, aiming to combat inflation while trying to avoid a recession. The report also covers the ongoing U.S. debt ceiling negotiations, highlighting the potential economic consequences of a default if an agreement is not reached. Additionally, it touches on the performance of major stock indices, with the Dow Jones Industrial Average, S&P 500, and Nasdaq all experiencing declines amid concerns over the debt ceiling and interest rate hikes. The segment concludes with a brief mention of the labor market, noting that despite economic uncertainties, job growth remains robust.

Read the Full PBS Article at:
[ https://www.pbs.org/video/business-report-1652725890/ ]