“These modernized principles reflect the business community’s unwavering commitment to continue to push for an economy that serves all Americans.”
The country’s economy experienced a significant slowdown as it faces trade tensions with the United States.
The economy added 223,000 jobs in May. About 120,000 are needed to keep up with growth in the working-age population.
"Economic indicators so far aren't entirely convincing on a second-quarter bounce in activity," one economist says.
The rating agency says China's "financial strength will erode somewhat over the coming years" as a result of excessive economy-wide debt.
A lower corporate tax rate would not only raise net income after taxes, it could also increase a company's borrowing capacity.
The company is benefiting from healthy consumer spending but faces increased costs as it spends on digital payment initiatives.
In the first-quarter Duke/CFO Business Outlook Survey, global CFOs caution President Trump about trade policy.
The sluggish GDP report "marks a rough start to the [Trump] administration's high hopes of achieving 3 percent or better growth."
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Technology, political will, and a focus on the customer could lead to a rebirth of manufacturing in the United States.
The administration's trade policies could reap economic gains but sacrifice ethical opportunities.
