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NJ Spotlight News | New Jersey's housing boom has yet to run out of steam | Season 2021

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New Jersey's real estate market is still red hot.
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, emphasizing the urgency to avoid a default. 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 indicators on various sectors, including technology and retail.

Read the Full PBS Article at:
[ https://www.pbs.org/video/business-report-1622138094/ ]