Home prices in major U.S. cities rise at 12.1% annual rate in April

NEW YORK (CNNMoney) -- The rise in home prices continued to accelerate in April, but a jump in mortgage rates could soon put the brakes on prices.The S&P/Case-Shiller home price index was up 12.1% in April, compared to a year ago, in the 20 top real estate markets across the nation.

Group asks Gov. Walker to remove provision in state budget

MADISON (WITI) -- A provision in the state budget requires municipalities to cut taxes by the same amount they hike fees -- prompting a group to ask Gov.

Average gas price $3.55 per gallon in Milwaukee area

MILWAUKEE (WITI) — Average gas prices in the Milwaukee area have fallen 26.8 cents per gallon in the past week, averaging $3.55 per gallon on Sunday, June 23rd.This compares with the national average that has fallen 3.8 cents per gallon in the last week to $3.57 per gallon, according to gasoline price website GasBuddy.com.Including the change in gas prices in Milwaukee during the past week, prices on Sunday were 17.3 cents per gallon higher than the same day one year ago and are 30.8 cents per gallon lower than a month ago.The national average has decreased 9.5 cents per gallon during the last month and stands 12.0 cents per gallon higher than this day one year ago.CLICK HERE for the FOX6Now.com Gas Price Tracker

Surging home sales raise new housing bubble fears

NEW YORK (CNNMoney) -- Home sales and prices continued to climb in May, raising the prospect of a new housing bubble unless there is a significant increase in home building."The home price growth is too fast, and only additional supply from new homebuilding can moderate future price growth," said Lawrence Yun, the chief economist for the National Association of Realtors.

State Assembly passes spending plan for next two years

MADISON (WITI) -- The Wisconsin budget passed the Assembly on Wednesday, June 19th with almost no debate after a surprise move by Democrats.The $68 billion budget lays out a spending plan for the next two years and:

No great strides taken during state budget debate Tuesday

MADISON (WITI) --  Compared to past proceedings held at Wisconsin's State Capitol, the debate on Tuesday, June 18th over the state's budget was downright friendly.

Average gas price $3.85 per gallon in Milwaukee area

MILWAUKEE (WITI) — Average gas prices in the Milwaukee area have fallen 19.7 cents per gallon in the past week, averaging $3.85 per gallon on Sunday, June 16th.This compares with the national average that has fallen 2.1 cents per gallon in the last week to $3.61 per gallon, according to gasoline price websiteGasBuddy.com.Including the change in gas prices in Milwaukee during the past week, prices on Sunday were 28.5 cents per gallon higher than the same day one year ago and are 8.2 cents per gallon lower than a month ago.The national average has decreased 5.0 cents per gallon during the last month and stands 8.0 cents per gallon higher than this day one year ago.CLICK HERE for the FOX6Now.com Gas Price Tracker

Approved MPS budget to create 45 additional positions

MILWAUKEE (WITI) -- The 2013-2014 Milwaukee Public Schools budget approved Tuesday night, June 11th will bring 45 additional art, music and physical education teacher and librarian positions into MPS schools.Art will see the biggest boost between 2012-13 and the upcoming 2013-14 school year under the plan, growing by about 25 full-time teaching positions.

Average gas price $4.06 per gallon in Milwaukee area

MILWAUKEE (WITI) — Average gas prices in the Milwaukee area have risen 9.1 cents per gallon in the past week, averaging $4.06 per gallon on Sunday, June 9th.This compares with the national average that has not moved in the last week to $3.64 per gallon, according to gasoline price websiteGasBuddy.com.Including the change in gas prices in Milwaukee during the past week, prices on Sunday were 41.3 cents per gallon higher than the same day one year ago and are 15.6 cents per gallon higher than a month ago.The national average has increased 6.9 cents per gallon during the last month and stands 7.8 cents per gallon higher than this day one year ago.CLICK HERE for the FOX6Now.com Gas Price Tracker

Price of gas spikes, frustrates drivers in southeast Wisconsin

MILWAUKEE (WITI) -- If you were out and about on Wednesday, June 5th, you likely noticed the price of a gallon of gas has jumped -- again.Many gas stations were offering a gallon of regular unleaded gas for $4.19.

Average gas price $3.94 per gallon in Milwaukee area

MILWAUKEE (WITI) — Average gas prices in the Milwaukee area have risen 9.7 cents per gallon in the past week, averaging $3.94 per gallon on Sunday, June 2nd.This compares with the national average that has fallen 1.5 cents per gallon in the last week to $3.64 per gallon, according to gasoline price website GasBuddy.com.

Average gas price $3.84 per gallon in Milwaukee area

MILWAUKEE (WITI) — Average gas prices in the Milwaukee area have fallen 8.3 cents per gallon in the past week, averaging $3.84 per gallon on Sunday, May 27th.This compares with the national average that has fallen 2.3 cents per gallon in the last week to $3.65 per gallon, according to gasoline price website GasBuddy.com.

Prices at the gas pump frustrate drivers in southeast Wisconsin

MILWAUKEE (WITI) -- Those of you looking over your summer travel itineraries may want to keep a close eye on gas prices.

Proposal could raise requirements for unemployment work searches

MADISON (WITI) -- Those who collect unemployment benefits are required to apply for two jobs each week in order to continue receiving those benefits.

Lawmakers take tour of schools involved in School Choice Program

MILWAUKEE (WITI) -- Some state lawmakers on Monday, May 13th took a tour of schools involved in the School Choice Program.

Average gas price $3.92 per gallon in Milwaukee area

MILWAUKEE (WITI) — Average gas prices in the Milwaukee area have risen 1 cent per gallon in the past week, averaging $3.92 per gallon on Sunday, May 12th.This compares with the national average that has increased 6.2 cent per gallon in the last week to $3.57 per gallon, according to gasoline price website GasBuddy.com.

Average gas price $3.90 per gallon in Milwaukee area

MILWAUKEE (WITI) — Average gas prices in the Milwaukee area have risen 3.0 cents per gallon in the past week, averaging $3.90 per gallon on Sunday, May 5th.This compares with the national average that has increased 1 cent per gallon in the last week to $3.51 per gallon, according to gasoline price website GasBuddy.com.