Average gas price $3.74 per gallon in Milwaukee area

MILWAUKEE — Average gas prices in the Milwaukee area have fallen 0.8 cents per gallon in the past week, averaging $3.74 per gallon on Sunday, May 20th.

Experts say gas prices should continue to fall if market remains stable

MILWAUKEE -- Drivers have worried $4 per-gallon gasoline would be just the start of a long summer of pain at the pump, but prices have recently fallen to $3.75 per-gallon, and experts say they'll likely continue to fall if the market stays the same.

MPS makes room in budget to overhaul high schools

MILWAUKEE -- Leaders at Milwaukee Public Schools aren't just trimming their budget, in some cases they are throwing away lesson plans for a new system that could change the high school experience.

Feds say Wisconsin leads nation in job loss

MADISON (AP) -- Wisconsin lost more jobs in the past year than any other state, according to the U.S. Bureau of Labor Statistics.

Social Security heading for insolvency even faster

WASHINGTON (AP) — Social Security is rushing even faster toward insolvency, driven by retiring baby boomers, a weak economy and politicians' reluctance to take painful action to fix the huge retirement and disability program.The trust funds that support Social Security will run dry in 2033 — three years earlier than previously projected — the government said Monday.There was no change in the year that Medicare's hospital insurance fund is projected to run out of money.

U.S. applications for unemployment spike

WASHINGTON (AP) -- More people sought unemployment benefits last week, suggesting that the job market's recovery remains slow.The increase also likely reflects some seasonal volatility because applications for unemployment aid frequently rise around the Easter holiday.

Average gas price $3.96 per gallon in Milwaukee area

MILWAUKEE -- Average gas prices in the Milwaukee area have fallen 16.6 cents per gallon in the past week, averaging $3.96 per gallon on Easter Sunday.This compares with the national average that has increased 1.4 cents per gallon in the last week to $3.91 per gallon, according to gasoline price website MilwaukeeGasPrices.com.Including the change in gas prices in Milwaukee during the past week, Easter Sunday prices were 8.3 cents per gallon higher than the same day one year ago and are 11.2 cents per gallon higher than a month ago.

U.S. economy adds 120K jobs, jobless rate at 8.2 %

WASHINGTON (AP) -- Employers pulled back sharply on hiring last month, a reminder that the U.S. economy may not be growing fast enough to sustain robust job growth.

Feds tell Wis. unemployment benefits end next week

MADISON (AP) -- The federal government has warned Wisconsin officials the state's unemployment rate has improved enough to end extended jobless benefits.Wisconsin's unemployment rate had been high enough to qualify jobless people in the state for 13 extra weeks of federal unemployment benefits.

New poll show gas prices creating anxiety among Americans

(CNN) -- The number of Americans who said gasoline prices are the most important economic problem facing the country has more than tripled since December, according to a new poll.The CNN/ORC International survey released Thursday, the same day President Barack Obama delivered a speech about gas prices, indicated oil companies received most of the blame for higher prices at the pump.Seven in ten Americans said rising prices have caused hardship for them and their families, with nearly half saying the prices will rise to $5 a gallon some time this year.

Obama asks Congress to end tax breaks to oil companies

WASHINGTON (AP) -- President Barack Obama's plea to Congress to end $4 billion in tax subsidies to oil companies was rebuffed Thursday as the Senate turned back a Democratic bill to repeal the tax breaks.Moments after Obama made his election-year appeal in the White House Rose Garden, the Senate failed to reach the threshold of votes needed to proceed to a measure that would have ended the subsidies.

U.S. jobless claims fall to lowest level in four years

WASHINGTON (AP) -- The number of people seeking U.S. unemployment benefits dropped last week to the lowest level in four years, adding to evidence that the job market is strengthening.The Labor Department said Thursday that weekly unemployment benefit applications fell 5,000 to a seasonally adjusted 359,000.

Municipalities, drivers fixing budgets to cover high gas prices

MILWAUKEE -- It was another record-setting day, as gas prices hit an all-time high in Milwaukee Tuesday, averaging around $3.90 per gallon.

Price of gas reaches an all-time high in metro-Milwaukee

MILWAUKEE -- The price of unleaded gasoline in metro-Milwaukee has hit an all-time high!The phrase "pain at the pump" has never been more accurate in Milwaukee.

Money Talks: Gas Prices

Many continue to struggle financially as gas prices increase.

Wisconsin added 4,000 private sector jobs in February

MADISON (AP) -- Wisconsin added 4,000 private sector jobs in February while the state's unemployment rate remained unchanged at 6.9 percent.The report released by the state Department of Workforce Development on Thursday marks the second month in a row that Wisconsin has added jobs.