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


//business-finance.news-articles.net/content/202 .. asion-rattles-financial-markets-season-2022.html
Published in Business and Finance on by PBS   Print publication without navigation

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/ ]

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