Industrial production increased 0.9% in May from the previous month, the Federal Reserve reported Tuesday. The May figure was up 0.4% from a year prior. Manufacturing rose 0.9%, mining increased 0.3% and utility output rose 1.6%.
Court lifts remaining nationwide injunction on BOI collection
A federal court has lifted its nationwide injunction on beneficial ownership information collection, citing a U.S. Supreme Court ruling in a separate case on the constitutionality of the Corporate Transparency Act.