U.S. Multinational Enterprise Employment Sees Slight Dip in 2023 Amid Shifting Global Operations

Worldwide employment by U.S. multinational enterprises (MNEs) experienced a marginal decrease of 0.4 percent in 2023, reaching an estimated 43.9 million workers. This represents a slight contraction from the revised…

Puerto Rico’s Economy Rebounds with 3.0 Percent GDP Growth in 2023 After 2022 Contraction

Puerto Rico’s economy demonstrated a significant recovery in 2023, with real gross domestic product (GDP) increasing by 3.0 percent. This marks a substantial turnaround from the 2.1 percent decrease observed…

Foreign-Owned Companies Boost U.S. Employment and Economic Contribution in 2023

The U.S. operations of majority-owned affiliates of foreign multinational enterprises (MNEs) significantly contributed to the American economy in 2023, with employment figures showing a steady increase and key economic indicators…

Navigating the Complexity of Sales Tax Compliance for E-commerce Discounts and Gift Cards

The digital marketplace has undergone a radical transformation over the past decade, moving from a secondary sales channel to the primary driver of global retail growth. As of early 2026,…

U.S. Current-Account Deficit Narrows Significantly in Third Quarter of 2025 Driven by Income Flows and Services Surplus

The U.S. current-account deficit, a comprehensive measure of a nation’s transactions with the rest of the world encompassing trade in goods and services, as well as income flows, experienced a…

Navigating the Complexities of Sales Tax Compliance in the Evolving Health and Beauty Industry: A Comprehensive Guide for Brands and Retailers

The health and beauty sector, a global powerhouse projected to exceed $600 billion in revenue by the end of the decade, is currently facing an unprecedented era of regulatory scrutiny…

Essential Sales Tax Compliance Strategies and Regulatory Updates for the 2026 Fiscal Year

As the global economy transitions into the first quarter of 2026, mid-market and enterprise-level businesses are facing a complex convergence of regulatory deadlines that will define their financial integrity for…

U.S. International Investment Position Declines to Negative $27.61 Trillion in Q3 2025 Amidst Shifting Market Valuations

The United States’ net international investment position, a critical measure of the nation’s financial relationship with the rest of the world, registered a significant deficit of negative $27.61 trillion at…

March 2026 Sales Tax Compliance: A Comprehensive Guide to State Filing Deadlines and E-commerce Regulatory Requirements

The arrival of March 2026 presents a critical juncture for e-commerce businesses and multi-state retailers as they navigate a complex landscape of monthly, quarterly, and annual sales tax obligations. For…

U.S. States and the District of Columbia Show Broad Economic Growth in Q3 2025, Driven by Key Industries and Personal Income Gains

The U.S. Bureau of Economic Analysis (BEA) today released its comprehensive third-quarter 2025 statistics for gross domestic product (GDP) and personal income across all 50 states and the District of…