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As the Connecticut General Assembly’s legislative session draws to a close, Gov. Ned Lamont released a working draft of an infrastructure funding proposal that lawmakers will rely on during a special session focused solely on transportation and economic development.

The U.S. average retail price of diesel dropped 1.2 cents to $3.151 a gallon, the Department of Energy reported. Concerns over demand and supply pushed oil below $59 a barrel, a level not seen since mid-March.

Tesla Inc. is getting close to revealing new prices for the Model 3 in China as it nears local manufacturing of the car.

BEIJING — Stepping up Beijing’s propaganda offensive in the tariffs standoff with Washington, Chinese state media on May 24 accused the U.S. of seeking to “colonize global business” with moves against Huawei and other Chinese technology companies.

A group of industry stakeholders is urging the Trump administration to take action to ensure adequate supplies of fuel for freight and air travel and home heating in advance of a change in the type of fuel the maritime industry will use beginning next year.

Shares in the world’s biggest shipping company slumped May 24 after its CEO started discussing the fallout of global trade tensions on his industry.

WASHINGTON — Orders to U.S. factories for large manufactured goods fell sharply in April, pulled down by lower demand for commercial aircraft and cars.

Filings for U.S. unemployment benefits unexpectedly dipped to a five-week low, offering a fresh sign the job market remains historically tight amid other mixed signals on the economy.

After months of predicting a trade deal between the world’s largest economies, economists at some of the biggest financial institutions are growing increasingly pessimistic.

Illinois Gov. J.B. Pritzker has drafted a $41.5 billion plan that would rely on a slew of new taxes and tax increases to repair the state’s infrastructure.