NJ Spotlight News | Business coalition fights a tax increase

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Finance Friday | Adding the costs of everyday convenience purchases

NJ Spotlight News | Business coalition fights a tax increase | Season 2021

//business-finance.news-articles.net/content/202 .. coalition-fights-a-tax-increase-season-2021.html

Published in Business and Finance on Tuesday, May 6th 2025 at 21:01 GMT by PBS
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

Without federal assistance, businesses face a $252-million tax increase this fall

The video at the provided URL is a business report segment from PBS NewsHour, focusing on the latest 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 negotiations between the White House and congressional leaders to raise the debt ceiling to prevent a default on U.S. government obligations. Additionally, it highlights the strong performance of the U.S. job market, with unemployment claims dropping to their lowest level in months, and provides insights into the impact of these economic factors on various industries and consumer spending.

Read the Full PBS Article at:
[ https://www.pbs.org/video/business-report-1630003511/ ]

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