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NJ Spotlight News | $100M to be allocated for clean transportation projects | Season 2021

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  Gov. Murphy says the projects will lead to new green jobs for the state.

The PBS NewsHour Business Report discusses several key economic issues. It highlights 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 U.S. debt ceiling negotiations, with a potential default looming if no agreement is reached. Additionally, it touches on the labor market, noting a slight increase in unemployment claims but still robust job growth. The segment concludes with a look at the impact of these economic factors on consumer spending and confidence.

Read the Full PBS Article at:
[ https://www.pbs.org/video/business-report-1613501922/ ]