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NJ Spotlight News | Business Report: Russian invasion rattles financial markets | Season 2022

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Market watchers worry about how the conflict will impact the world economy
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 rates remaining low despite economic uncertainties. The segment concludes with a brief analysis of the tech industry, noting significant layoffs at major companies but also mentioning areas of growth and innovation within the sector.

Read the Full PBS Article at:
[ https://www.pbs.org/video/business-report-1645722489/ ]