Business and Finance Business and Finance
Fri, May 2, 2025

NJ Spotlight News | Business Report: Opioid lawsuits settlement to be finalized | Season 2022


Published on 2025-05-02 02:41:01 - PBS
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  • J&J, three drug distributors have agreed to finalize $26B settlement over opioid lawsuits

The video at the provided URL is a business report segment from PBS NewsHour, focusing on several key economic issues. 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 negotiations between the White House and House Republicans regarding the debt ceiling, with a potential default looming if no agreement is reached. Additionally, it highlights the impact of these economic policies on everyday Americans, including rising costs and job market concerns. The segment concludes with a brief mention of the latest corporate earnings reports, noting mixed results across various sectors.

Read the Full PBS Article at:
[ https://www.pbs.org/video/business-report-1645819223/ ]