The historic small business tax cuts, including a new 20 percent deduction on earnings and immediate expensing of business investments, are giving small business owners long overdue tax relief. Businesses around the country are using their tax cut savings to raise wages, hire new employees, and expand. Six of the 10 components that make up the small-business optimism index increased
Read moreGlobal growth accelerated in 2017, supported by strengthening labor markets and external demand. Although inflation concerns among advanced countries abated, risks remain and are mostly tilted to the downside. Concerns are centered on trade policy changes and entrenched protectionist attitudes, uncertainty about shifting U.S. policy and its global spillovers, and the consequences of tighter global financial conditions and asset volatility.
Read moreU.S. Consumer Confidence Jumps to Highest Level Since 2001 – Bloomberg News Consumer confidence climbed in December to the highest level since August 2001 as Americans were more upbeat about the outlook than at any time in the last 13 years, according to a report Tuesday from the New York-based Conference Board. “The post-election surge in optimism for the economy,
Read moreHonda And Google Talk About Self-Driving Technology Google wants to develop the brains behind self-driving technology, and work with established automakers rather than build the cars. http://world.honda.com/news/2016/c161222aeng.html Economic Conditions Snapshot December 2016 – McKinsey Global In the face of political transitions and concerns over trade, executives expect improvements at home and a stable global economy, with some regional divergences. http://www.mckinsey.com/business-functions/strategy-and-corporate-finance/our-insights/economic-conditions-snapshot-december-2016-mckinsey-global-survey-results
Read moreThe process of Brexit and the implications for businesses will unfold over time. MoFo’s Brexit Task Force is coordinating Brexit-related legal analysis across all their offices and working with clients on their key concerns and issues. In the run-up to the Brexit vote, the negative impact on access to capital and access to the best start-up talent were two of
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