NJ Spotlight News
Business Report: NJ pension fund loses value
Clip: 7/28/2022 | 2m 29sVideo has Closed Captions
Preliminary numbers show public-worker pension fund’s returns have fallen
The U.S. economy shrank for the second quarter in a row, as gross domestic product fell 9/10 of 1%. The closely-watched GDP report is considered the broadest measurement of the economy. This number provides solid evidence that the economy is weakening and is raising recession fears, though some economists say the economy is not in a recession yet because the job market remains healthy.
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NJ Spotlight News is a local public television program presented by THIRTEEN PBS
NJ Spotlight News
Business Report: NJ pension fund loses value
Clip: 7/28/2022 | 2m 29sVideo has Closed Captions
The U.S. economy shrank for the second quarter in a row, as gross domestic product fell 9/10 of 1%. The closely-watched GDP report is considered the broadest measurement of the economy. This number provides solid evidence that the economy is weakening and is raising recession fears, though some economists say the economy is not in a recession yet because the job market remains healthy.
Problems playing video? | Closed Captioning Feedback
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Learn Moreabout PBS online sponsorshipHeated debate over enforcing NJ's environmental justice law
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DEP holds last public meetings before regulations are finalized (3m 42s)
NJ in a "flash drought" condition, state says conserve water
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Drinking water supplies currently are not in jeopardy (4m 22s)
NJ is listed among most expensive rental markets
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New report ranks NJ seventh among costliest places to rent a two-bedroom apartment (3m 38s)
NJ wants feds to send more monkeypox vaccines
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Governor and state health officials say New Jersey isn’t getting its fair share (1m 24s)
NYC’s controversial congestion pricing plan is going ahead
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New toll on drivers entering Manhattan’s central business district expected by end of 2023 (1m 18s)
Sherrill: 'It does not end there’ if Russia is not beaten
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NJ congresswoman discusses what she saw during recent bipartisan visit to Ukraine (4m 1s)
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