Across the world, consumers are noticing that many of the websites and online services they use daily have been updating their terms of service – those long, legal documents on which we are required to click “I Agree” before using the service. Why is this happening now? It’s happening because the European Union’s General Data Protection…
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Featured Blog, J.D. Foster
The Deficit in Focusing on Specific Trade Deficits
Overall trade deficits may pose a danger; bilateral trade deficits don’t. One can easily see how this can be confusing. As Maurice Obstfeld of the IMF wrote recently, A country’s overall trade balance is a macroeconomic phenomenon that mirrors whether it spends less than its income or more. A person who spends more than he or…
Featured Blog, Sean Hackbarth
Tax Reform Boosts Middle Market Business Confidence to an All-Time High
It’s a bird, it’s a plane… No, it’s the ever-escalating RSM US Middle Market Business Index (MMBI), which reached a new all-time high in the first quarter of 2018. Measuring companies with revenues between $10 million and $1 billion annually, the MMBI rose 4.5 points to 136.7. Anything over 100 means the middle market is…
Featured Blog, US Chamber Staff
Here’s How the U.S. Chamber Would Rebuild and Modernize America’s Infrastructure
After decades of inaction, now is the time Washington should move on rebuilding and modernizing America’s infrastructure, the head of the U.S. Chamber declared. “It’s time to approach this as a national imperative for long-term growth and competitiveness — not an exercise in parochial politics,” said president and CEO Tom Donohue at America’s Infrastructure Summit.…
Featured Blog, Neil Bradley
What We’re Watching: State of the Union 2018
Tomorrow, President Trump will deliver his first State of the Union Address, highlighting his administration’s first year of progress and outlining his top priorities for the year ahead. Along with Americans across the country, the U.S. Chamber will be listening intently to the speech to see what the administration aims to achieve this year. We…
Featured Blog, Sean Hackbarth
These Companies Made Big Announcements after Congress Passed Tax Reform
Before President Donald Trump puts his signature on the first major tax reform in 31 years, we’re seeing an immediate, positive effect. As U.S. Chamber Chief Economist J.D. Foster explained, one of the key parts of the Tax Cuts and Jobs Act is lowering the corporate tax rate to 21%, “thus finally bringing the U.S. rate into…