This Explains Everything

Our favorite take on one of the most important developments of the last two weeks

How Government Policy Exacerbates Hurricanes Like Harvey

As if global warming were not enough of a threat, poor planning and unwise subsidies make floods worse, with wide-reaching effects on cities, business, and communities. 

The Economist, September 2, 2017

The Ways and the Means

The latest analysis on regulatory, policy, and legislative process, and when it’s happening

Lobbyists Go Underground

An apparent drop in their numbers is an illusion. Lobbying expenses for the first six months of the year amounted to $1.67 billion—the most since 2012.

The Economist, August 31, 2017

Mnuchin Says Trump Administration, Congress to Release Tax Plan Details in Coming Weeks

Although congressional committees will be writing the tax bill and voting on it, the administration intends to stay deeply engaged in the tax debate and is keeping its aggressive agenda for overhauling the tax code this year.

The Wall Street Journal, August 31, 2017

Justice Dept. to Work With China on Antitrust

The Justice Department’s antitrust division plans to continue working with China’s antitrust authorities to strengthen its competition agenda. 

Bloomberg Law, August 30, 2017

How Grant Thornton Can Help

Whether navigating market and regulatory changes, or trying to better prepare for your future business environment, Grant Thornton is ready to help you develop innovative and practical solutions.

Follow The Leading Indicators

A macro look at what’s impacting markets, trade, labor, and the environment

The Jobs Numbers: Who’s Hiring in America—and Who’s Not

U.S. employers added 156,000 jobs in August, and the nation’s unemployment rate ticked up to 4.4 percent. Here are the industries with the highest and lowest rates of employment growth.

Bloomberg, September 1, 2017

August, a Month That Gave Markets a Shake

The Nasdaq gained, volatility re-emerged, Harvey hit a slumping energy sector, and the euro rallied. 

The Wall Street Journal, August 31, 2017

Harvey’s Impact on World Oil Market Underlines Growing U.S. Role

World energy markets, from butane in Asia to diesel in Europe and gasoline in Latin America, are feeling the ripple effect of Texas’s deadly storm, highlighting the growing role of the U.S. in the global oil industry.

Bloomberg, August 31, 2017

This Means Business

Trucking and Logistics Companies Should Get Ready for Tax Reform

Business decisions for trucking and logistics companies could change under tax reform, which could create powerful new planning opportunities that need to be considered now. 

Grant Thornton, August 11, 2017

trucking tax reform

Industry Impact

What’s moving in industry, especially pharma, tech, energy, finance, and manufacturing

Houston Loves Big Business. How Much Should Big Business Now Love It Back?

Even before the damage from Hurricane Harvey is tallied, big corporations are breaking out their checkbooks. Corporations have pledged more than $65 million to help clean up the wreckage from Harvey. 

The New York Times, August 30, 2017

Vanguard Group is America's New Landlord

Mutual-fund giant Vanguard Group’s increasing domination of the publicly-traded REIT market poses broader investment questions for the commercial real estate market.

The Philadelphia Inquirer, August 26, 2017

Hospitality Industry Needs More Immigrant Workers to Survive, Report Says

With hospitality job growth expected to continue and the Midwest's U.S.-born population graying, shrinking, and opting for higher-skill jobs, the sector needs an immigrant workforce to keep the doors open.

The Chicago Tribune, August 24, 2017

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