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NJ Spotlight News | Important deadline approaching for NJ businesses in need | Season 2021

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The PBS NewsHour Business Report discusses several key economic issues, including the Federal Reserve's decision to keep interest rates unchanged while signaling potential future hikes to combat inflation, which remains above the target rate. The report also covers the ongoing UAW strike against major automakers, highlighting the union's demands for better wages and benefits amidst the transition to electric vehicles. Additionally, it touches on the latest jobless claims data, which indicates a still-strong labor market despite slight increases in unemployment claims. The segment concludes with a brief mention of the stock market's reaction to these developments, noting a mixed performance across major indices.

Read the Full PBS Article at:
[ https://www.pbs.org/video/business-report-1619546172/ ]