One percent hotel tax collections grew 19.3 percent year over year in May, and 14.4 percent during the first 11 months of the fiscal year compared with the same fiscal period a year prior, the state Department of Revenue said this week.
(Updated, 10:12 a.m.)
The cost of living in the United States rose at the fastest pace in five months on energy and shelter prices, a sign inflation is getting closer to the Federal Reserve’s goal.
CoreLogic, a global property information and analytics company, estimates the insured property losses for both residential and commercial properties damaged by Hurricane Matthew will total between $4 billion and $6 billion.
(Updated 11:26 a.m.)
Acushnet Holdings Corp., the maker of Titleist golf balls and clubs and FootJoy shoes and performance clothing, aims to raise up to $464 million through an initial public offering.