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NJ Spotlight News | Business Report: Another inflation indicator | Season 2022
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NJ Spotlight News | Business Report: Micro Business Loan program | Season 2022

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NJEDA says it's provided nearly $5.5 million in grants to over 230 NJ's small businesses
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 debate about the debt ceiling in Congress, with insights into how a potential default could impact the economy. Additionally, it highlights the strong performance of the U.S. job market, with unemployment claims dropping to their lowest level in months, suggesting continued economic resilience despite the rate hikes. The segment concludes with a brief mention of corporate earnings, noting mixed results across different sectors.

Read the Full PBS Article at:
[ https://www.pbs.org/video/business-report-1651777183/ ]