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Supreme Court allows investors' class action to proceed against microchip company Nvidia

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Nvidia's stock dips after China opens probe of the AI chip company for violating anti-monopoly laws

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G17: G.17 Data for August 2016 are now available

By FEDERAL RESERVE - Dec 02, 2022, 01:07 PM ET

Last Updated - Feb 09, 2023, 12:28 AM EST

G17: G.17 Data for August 2016 are now available

Industrial production and capacity utilization data for August 2016 are now available.Industrial production decreased 0.4 percent in August after rising 0.6 percent in July. Manufacturing output also declined 0.4 percent in August, reversing its increase in July; the level of the index in August is little changed from its level in March. Following two consecutive monthly increases, the index for utilities fell back 1.4 percent in August. Even so, the index was 1.7 percent above its year-earlier level, as hot temperatures this summer boosted the usage of air conditioning. The output of mining moved up 1.0 percent in August, its fourth consecutive monthly increase following an extended downturn; the index, however, was still about 9 percent below its year-ago level. At 104.4 percent of its 2012 average, total industrial production in August was 1.1 percent lower than its year-earlier level. Capacity utilization for the industrial sector decreased 0.4 percentage point in August to 75.5 percent, a rate that is 4.5 percentage points below its long-run (1972-2015) average.]]>

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Google forges ahead with its next generation of AI technology while fending off a breakup threat

Supreme Court allows investors' class action to proceed against microchip company Nvidia

Ski racers, snowboarders challenge sport's governing body to reconsider lucrative investment chance

Oil & Gas

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Trump's picks for key positions in his second administration

EPA hails 'revitalized' enforcement efforts as Biden administration heads to exit

ExxonMobil could partner up with Eni and Total to jointly develop natural gas deposits off Cyprus

Healthcare

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Justice Department sues to block UnitedHealth Group's $3.3 billion purchase of Amedisys

Stock market today: Wall Street drifts lower as the Trump trade cools

Natera: Q3 Earnings Snapshot

Manufacturing

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Supreme Court allows investors' class action to proceed against microchip company Nvidia

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G17: G.17 Data for August 2016 are now available

Trump's picks for key positions in his second administration

Key details about the man accused of killing UnitedHealthcare's CEO

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