US Retail Sales Soared a Record 17.7% in May, Double Forecast

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US Retail Sales Soared a Record 17.7% in May, Double Forecast

The median forecast in a Bloomberg survey of economists called for a 8.4% gain in May. U.S. stocks surged at the open and 10-year Treasury yields
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New Report Brews Up Accounting Close Software Market

New Report Brews Up Accounting Close Software Market. Avatar. Published. 1 min ago. on. 16th June 2020. By. livia. COVID-19, the disease it
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HealthNow to affiliate with Highmark of Pittsburgh

The parent of BlueCross BlueShield of Western New York agreed Tuesday to join forces with a much larger health insurer out of Pittsburgh, in a bid to gain the scale it needs to stay competitive while retaining its separate identity as a local nonprofit Blues plan …
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KKR and former Dean Foods CEO win bankruptcy auction for Borden

Capitol Peak Partners and KKR & Co. won a bankruptcy auction for Borden Dairy, according to reports and court filings. Borden told Food Dive it can’t comment or discuss the transaction until it is approved. A joint venture between Capitol Peak and KKR is …
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US Homebuilder Optimism Makes Record Rebound as Buyers Return

U.S. homebuilders’ outlook improved in June as record-low interest rates and demand for more space spurred buyers to re-emerge after the coronavirus shut down sales and construction. A gauge of builder sentiment jumped to 58, a 21-point gain from May, …
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