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The value of goods exports rose 8.1%, while the value of imports rose only 0.9%, for a U.S. trade deficit of approximately $67 billion in October.
Some are interpreting Fed Chair Powell's fast-taper signal as an indication that rates may rise more quickly next year.
Next up before year-end: considering the president's $2 trillion economic agenda and again lifting the federal debt ceiling.
The proposal in the Build Back Better plan would solve for a discrepancy between how FASB and the IRS calculate corporate earnings.
If a new stopgap funding measure does not pass by tomorrow, the federal government will be shut down this weekend.
The Fed seems to be rethinking whether inflation is "transitory." This may also suggest sooner-than-expected interest rate increases are in the works next year.
With IP disputes common, companies and governments should make sure to choose the right dispute resolution mechanism.
Expect a revival of the suspended vaccine-or-test standard.
Inflation has emerged as one of the key concerns of business leaders. Grappling with rising prices may require innovations in cash management.
The "likelihood of a mid-cycle correction is high," particularly in the early part of next year, according to Morgan Stanley.
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