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Every time someone stays at a hotel, 6% of the bill goes right back into the local economy, and the revenue from that tax broke records in March, according to St. Pete-Clearwater. ....
Wall Street enjoys banner Friday despite retail sales disappointment Tesla and Facebook each added more than 3% as tech stocks broadly outperformed 4:14pm: Cruise line companies benefit from rising tides on Wall Street The Dow ended Friday up 361 points, 1.1%, at 34,382. The Nasdaq surged 305 points, 2.3%, to 13,430, and the S&P 500 improved 61 points, 1.5%, to 4,174. Despite the robust performance, the major indices posted losses on the week after Wall Sreet endured a major crunch from Monday to Wednesday. Cruise companies were among the session s biggest outperformers. Carnival Corporation & plc (NYSE:CCL) shares gained more than 8% to $27.16. Royal Caribbean Group (NYSE:RCL) stock jumped more than 7% to $84.16 and Norwegian Cruise Line Holdings Ltd (NYSE:NCLH) saw its share price rise 8% to $28.56. ....