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Consumer confidence fell in May as Americans became more pessimistic about the labor market, on top of elevated anxiety over inflation.

Three Midwest governors urged the Environmental Protection Agency to revise its biodiesel volumes to encourage lower-cost fuel, support farmers and help decarbonize transportation.

Connecticut will be home to building manufacturer FullStack Modular as its headquarters moves from New York’s Brooklyn Navy Yard to Gateway Terminal at the Port of New Haven.

WASHINGTON — A key index of U.S. prices ticked higher in April, and consumer spending rebounded, a sign that inflationary pressures in the economy remain high.

DETROIT — All of Ford Motor Co.’s current and future electric vehicles will have access to about 12,000 Tesla Supercharger stations in the U.S. and Canada starting next spring.

ATLANTA — Hyundai Motor Group and LG Energy Solution announced May 25 they will build a $4.3 billion electric battery plant as part of Hyundai’s new EV assembly plant in southeast Georgia.

JEFFERSON CITY, Mo. — Missouri lawmakers approved $2.5 million to study the conversion of U.S. Route 36 into Interstate 72 between Hannibal in the east and St. Joseph in the west.

A trade group representing independent contractors has begun a program to recruit independent drivers to serve as “ambassadors” to educate lawmakers about their importance.

The turn toward nearshoring escalated this year, a trend that saw renewed interest during the coronavirus pandemic.

Self-driving truck company TuSimple Holdings has disclosed more details about plans to reduce its workforce by 30% — including that it will eliminate 151 jobs in San Diego.