There were approximately 2.25 billion domestic trips taken in the United States in 2022. Around 1.88 billion of these were taken by leisure travelers. Both the number of business and leisure trips were forecast to increase annually between 2023 and 2027. ...
and the corporate tax rate is lowered to 15% for domestic producers as per a campaign promise,5prompting a boost in investment. That additional investment, as well as the successful introduction of novel technologies like AI to workplaces, results in a productivity boom. We see this scenario ...
The economy is expected to gain strength, as domestic development and global confidence are both addressed through clear-eyed assessments of deep-seated challenges. China’s EconomyChina’s ReformThe Governance Of China China’s Struggles with a Consumer Society Stephen Roach, Senior Fellow, Yale ...
In a world characterized by multipolarity and multilateral cooperation, the concept of hegemony has become obsolete. It would be prudent for Washington to redirect its focus inward, addressing domestic issues from within rather than sim...
The e-commerce market in the US is fiercely competitive, but if you’re selling something which consumers there can’t source from domestic sellers, that’s your entry point – you just need to be sure they know you exist! In America, Amazon is now rivalling Google for search –...
And, let’s face it, in an economic and political environment that changes with the wind, they are the one absolute truth we all can accept. That is why the funeral industry boomed when the global and domestic economies around them were crumbling. ...
As to the recent trip of Yellen and her team in China, she said they made significant progress on three areas. The first is Vice Premier He and her agreed to launch intensive exchanges on balanced growth in the domestic and global economies. Yellen believes such exchange represents an importan...
As of 2023, the U.S. economy still accounted for almost a quarter of global gross domestic product—and was more than 40% larger than its nearest rival, China.2021The U.S. also maintains world's largest current account deficit.22As Triffin noted, a large current account deficit is unavoid...
plenty of tax-related policy and regulatory updates these days. Clear-eyed analysis of it is more difficult to come by. Deloitte Tax News & Views is a tax podcast committed to making sure you understand the latest tax developments and opportunities and their potential impact on your business. ...
EVs imported from China are subject to a 25% tariff and any tariff increase would likely have little immediate impact on American consumers. However, U.S. officials grow recetnly concerned about increasing Chinese clean-energy exports and worry domestic companies won't be able to compete with ...