NJ Spotlight News | Business Report: State revenues rise

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Sat, May 3, 2025

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Fri, May 2, 2025

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NJ Spotlight News | Business Report: State revenues rise | Season 2023

^{Published on 2025-05-02 14:00:42 - PBS}

NJ's revenue collections rose in January but are expected to moderate in coming months

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 latest job market data, showing a slight increase in unemployment claims but still indicating a robust labor market. The segment concludes with a brief analysis of corporate earnings, noting mixed results across different sectors.

Read the Full PBS Article at:
[ https://www.pbs.org/video/business-report-1676490972/ ]

N@N

NJ Spotlight News | Business Report: State revenues rise | Season 2023