Economy added 165,000 jobs in April, rate fell to 7.5%
NEW YORK (CNNMoney) -- Job growth was stronger than initially reported at the start of 2013, and U.S. employers continued to hire in April.The economy added 165,000 jobs in April, according to a Labor Department report released Friday.That was more than expected and marked an improvement over March, but the big story came from large revisions to earlier job growth numbers.
NEW YORK (CNNMoney) -- Job growth was stronger than initially reported at the start of 2013, and U.S. employers continued to hire in April.The economy added 165,000 jobs in April, according to a Labor Department report released Friday.That was more than expected and marked an improvement over March, but the big story came from large revisions to earlier job growth numbers.
Falling gas prices could provide economy with much-needed jolt
NEW YORK (CNNMoney) -- The drop in gas prices over the last month or so could provide America's economy with a much-needed jolt, putting money into consumers' pockets just as the impact of federal spending cuts reverberates through the economy.In fact, some economists believe they could balance each other out nearly dollar for dollar.Gasoline prices have fallen some 30 cents a gallon since hitting a high of nearly $3.80 a gallon earlier this year.
NEW YORK (CNNMoney) -- The drop in gas prices over the last month or so could provide America's economy with a much-needed jolt, putting money into consumers' pockets just as the impact of federal spending cuts reverberates through the economy.In fact, some economists believe they could balance each other out nearly dollar for dollar.Gasoline prices have fallen some 30 cents a gallon since hitting a high of nearly $3.80 a gallon earlier this year.
Average gas price $3.76 per gallon in Milwaukee area
MILWAUKEE (WITI) — Average gas prices in the Milwaukee area have risen 18.6 cents per gallon in the past week, averaging $3.76 per gallon on Sunday, April 21st.This compares with the national average that has fallen 1.6 cents per gallon in the last week to $3.50 per gallon, according to gasoline price website GasBuddy.com.
MILWAUKEE (WITI) — Average gas prices in the Milwaukee area have risen 18.6 cents per gallon in the past week, averaging $3.76 per gallon on Sunday, April 21st.This compares with the national average that has fallen 1.6 cents per gallon in the last week to $3.50 per gallon, according to gasoline price website GasBuddy.com.
Flooding could cause gas prices to temporarily jump
MILWAUKEE (WITI) -- A senior petroleum expert says motorists should be aware of a possible spike in gasoline prices over the next 24-48 hours in Milwaukee."I expect stations to increase prices 10-25 cents per gallon over the next day or two with some stations starting to raise prices immediately," says Patrick DeHaan of GasBuddy.com.DeHaan warned a price hike was likely in the Great Lakes area after watching wholesale gasoline prices spike.
MILWAUKEE (WITI) -- A senior petroleum expert says motorists should be aware of a possible spike in gasoline prices over the next 24-48 hours in Milwaukee."I expect stations to increase prices 10-25 cents per gallon over the next day or two with some stations starting to raise prices immediately," says Patrick DeHaan of GasBuddy.com.DeHaan warned a price hike was likely in the Great Lakes area after watching wholesale gasoline prices spike.
U.S. unemployment benefits fall to 346,000
NEW YORK (CNNMoney) -- Claims for unemployment benefits are on a roller coaster ride again, falling dramatically last week after rising sharply a week earlier.That volatility isn't unusual for March and April, when the Easter holiday and school spring breaks tend to distort the figures.About 346,000 people filed claims for their first week of jobless benefits last week, down from a revised 388,000 the week before, the Labor Department said Thursday.The figure was better than expected.
NEW YORK (CNNMoney) -- Claims for unemployment benefits are on a roller coaster ride again, falling dramatically last week after rising sharply a week earlier.That volatility isn't unusual for March and April, when the Easter holiday and school spring breaks tend to distort the figures.About 346,000 people filed claims for their first week of jobless benefits last week, down from a revised 388,000 the week before, the Labor Department said Thursday.The figure was better than expected.
Barrett, others call for residency requirement removed from budget
MILWAUKEE (WITI) -- Gov.
MILWAUKEE (WITI) -- Gov.
Average gas price $3.64 per gallon in Milwaukee area
MILWAUKEE (WITI) — Average gas prices in the Milwaukee area have fallen 12.6 cents per gallon in the past week, averaging $3.64 per gallon on Sunday, April 7th.This compares with the national average that has fallen 4.0 cents per gallon in the last week to $3.58 per gallon, according to gasoline price website GasBuddy.com.
MILWAUKEE (WITI) — Average gas prices in the Milwaukee area have fallen 12.6 cents per gallon in the past week, averaging $3.64 per gallon on Sunday, April 7th.This compares with the national average that has fallen 4.0 cents per gallon in the last week to $3.58 per gallon, according to gasoline price website GasBuddy.com.
Average gas price $3.76 per gallon in Milwaukee area
MILWAUKEE (WITI) — Average gas prices in the Milwaukee area have risen 3.5 cents per gallon in the past week, averaging $3.76 per gallon on Sunday, March 31st.This compares with the national average that has fallen 1.9 cents per gallon in the last week to $3.61 per gallon, according to gasoline price website GasBuddy.com.
MILWAUKEE (WITI) — Average gas prices in the Milwaukee area have risen 3.5 cents per gallon in the past week, averaging $3.76 per gallon on Sunday, March 31st.This compares with the national average that has fallen 1.9 cents per gallon in the last week to $3.61 per gallon, according to gasoline price website GasBuddy.com.
Average gas price $3.73 per gallon in Milwaukee area
MILWAUKEE (WITI) — Average gas prices in the Milwaukee area have risen 4.0 cents per gallon in the past week, averaging $3.73 per gallon on Sunday, March 24th.This compares with the national average that has fallen 2.5 cents per gallon in the last week to $3.64 per gallon, according to gasoline price website GasBuddy.com.
MILWAUKEE (WITI) — Average gas prices in the Milwaukee area have risen 4.0 cents per gallon in the past week, averaging $3.73 per gallon on Sunday, March 24th.This compares with the national average that has fallen 2.5 cents per gallon in the last week to $3.64 per gallon, according to gasoline price website GasBuddy.com.
Congress to sign off on bill to fund government through 2013
NEW YORK (CNNMoney) -- Congress is expected to soon sign off on a bill to continue funding the federal government through the end of the fiscal year.That's good, because if they don't, funding would run out on March 27.
NEW YORK (CNNMoney) -- Congress is expected to soon sign off on a bill to continue funding the federal government through the end of the fiscal year.That's good, because if they don't, funding would run out on March 27.
Average gas price $3.67 per gallon in Milwaukee area
MILWAUKEE (WITI) — Average gas prices in the Milwaukee area have risen 3.2 cents per gallon in the past week, averaging $3.67 per gallon on Sunday, March 17th.This compares with the national average that has fallen 1.9 cents per gallon in the last week to $3.65 per gallon, according to gasoline price website GasBuddy.com.
MILWAUKEE (WITI) — Average gas prices in the Milwaukee area have risen 3.2 cents per gallon in the past week, averaging $3.67 per gallon on Sunday, March 17th.This compares with the national average that has fallen 1.9 cents per gallon in the last week to $3.65 per gallon, according to gasoline price website GasBuddy.com.
Sequestration may soon impact Wisconsin's unemployed
MILWAUKEE (WITI) -- The looming threats of sequestration will soon hit some of Wisconsin's unemployed.
MILWAUKEE (WITI) -- The looming threats of sequestration will soon hit some of Wisconsin's unemployed.
Business Journal Report (3-14-13)
In business news for Thursday, March 14th, 2013 -- The Department of Labor released a better than expected weekly report on initial jobless claims.Additionally, Amazon is cutting the price of its Kindle Fire HD.
In business news for Thursday, March 14th, 2013 -- The Department of Labor released a better than expected weekly report on initial jobless claims.Additionally, Amazon is cutting the price of its Kindle Fire HD.
What's in proposed budget of GOP's Paul Ryan?
NEW YORK (CNNMoney) -- Republican House Budget Chairman Paul Ryan proposed Tuesday to eliminate the annual deficit by 2023, in large part by cutting projected spending growth over the next decade by roughly $5 trillion.The plan, which contains many of the same provisions he offered last year, hits all the GOP high notes: less spending, lower tax rates and a rejection of most of President Obama's health reforms.Ryan's proposal represents the start of a months-long process on Capitol Hill aimed at enacting a budget for the 2014 fiscal year, which begins in October.On Wednesday, Democratic Senate Budget Chairman Patty Murray will put out her own 2014 proposal that is expected to contrast sharply with Ryan's.But the two sides are likely to view each other's budget proposal as dead on arrival.While Democrats and Republicans have called a truce in their fight over this year's budget, vowing to work to avoid a government shutdown later this month, but they remain sharply divided over broad fiscal policy for 2014 and beyond.Still, their plans set the boundaries as lawmakers try to negotiate some kind of middle ground.Here are the main provisions of Ryan's budget proposal.BALANCED BUDGETRyan's proposal doesn't detail all of the assumptions he makes about certain variables like economic growth or when some of his proposals would go into effect.
NEW YORK (CNNMoney) -- Republican House Budget Chairman Paul Ryan proposed Tuesday to eliminate the annual deficit by 2023, in large part by cutting projected spending growth over the next decade by roughly $5 trillion.The plan, which contains many of the same provisions he offered last year, hits all the GOP high notes: less spending, lower tax rates and a rejection of most of President Obama's health reforms.Ryan's proposal represents the start of a months-long process on Capitol Hill aimed at enacting a budget for the 2014 fiscal year, which begins in October.On Wednesday, Democratic Senate Budget Chairman Patty Murray will put out her own 2014 proposal that is expected to contrast sharply with Ryan's.But the two sides are likely to view each other's budget proposal as dead on arrival.While Democrats and Republicans have called a truce in their fight over this year's budget, vowing to work to avoid a government shutdown later this month, but they remain sharply divided over broad fiscal policy for 2014 and beyond.Still, their plans set the boundaries as lawmakers try to negotiate some kind of middle ground.Here are the main provisions of Ryan's budget proposal.BALANCED BUDGETRyan's proposal doesn't detail all of the assumptions he makes about certain variables like economic growth or when some of his proposals would go into effect.
Average gas price $3.61 per gallon in Milwaukee area
MILWAUKEE (WITI) — Average gas prices in the Milwaukee area have fallen 7.7 cents per gallon in the past week, averaging $3.61 per gallon on Sunday, March 10th.This compares with the national average that has fallen 3.2 cents per gallon in the last week to $3.66 per gallon, according to gasoline price website GasBuddy.com.
MILWAUKEE (WITI) — Average gas prices in the Milwaukee area have fallen 7.7 cents per gallon in the past week, averaging $3.61 per gallon on Sunday, March 10th.This compares with the national average that has fallen 3.2 cents per gallon in the last week to $3.66 per gallon, according to gasoline price website GasBuddy.com.
U.S. economy adds 236K jobs in February, rate falls to 7.7%
NEW YORK (CNNMoney) -- U.S. employers ramped up their hiring in February, helping to lower the unemployment rate slightly.The U.S. economy added 236,000 jobs in February, according to a Labor Department report released Friday.
NEW YORK (CNNMoney) -- U.S. employers ramped up their hiring in February, helping to lower the unemployment rate slightly.The U.S. economy added 236,000 jobs in February, according to a Labor Department report released Friday.
Look to the lake: Milwaukee's economy depends on freshwater technology
MILWAUKEE (WITI) -- The name Milwaukee comes from a native American phrase meaning "good land" but it's the good water all around us that may keep us economically afloat in years to come.
MILWAUKEE (WITI) -- The name Milwaukee comes from a native American phrase meaning "good land" but it's the good water all around us that may keep us economically afloat in years to come.
Average gas price $3.70 per gallon in Milwaukee area
MILWAUKEE (WITI) — Average gas prices in the Milwaukee area have fallen 8.6 cent per gallon in the past week, averaging $3.70 per gallon on Sunday, March 3rd.This compares with the national average that has fallen 2.8 cents per gallon in the last week to $3.70 per gallon, according to gasoline price website GasBuddy.com.
MILWAUKEE (WITI) — Average gas prices in the Milwaukee area have fallen 8.6 cent per gallon in the past week, averaging $3.70 per gallon on Sunday, March 3rd.This compares with the national average that has fallen 2.8 cents per gallon in the last week to $3.70 per gallon, according to gasoline price website GasBuddy.com.
Average gas price $3.76 per gallon in Milwaukee area
MILWAUKEE (WITI) — Average gas prices in the Milwaukee area have fallen 2.8 cent per gallon in the past week, averaging $3.76 per gallon on Sunday, February 24th.This compares with the national average that has increased 2.9 cents per gallon in the last week to $3.72 per gallon, according to gasoline price website GasBuddy.com.
MILWAUKEE (WITI) — Average gas prices in the Milwaukee area have fallen 2.8 cent per gallon in the past week, averaging $3.76 per gallon on Sunday, February 24th.This compares with the national average that has increased 2.9 cents per gallon in the last week to $3.72 per gallon, according to gasoline price website GasBuddy.com.
Gas price drop snaps streak
NEW YORK (CNN) -- The national average price for regular unleaded gas dropped on Saturday by a 10th of a cent, snapping a streak of 36 consecutive daily increases, AAA reported.During that stretch, the average price increased 48.8 cents or 14.82%.
NEW YORK (CNN) -- The national average price for regular unleaded gas dropped on Saturday by a 10th of a cent, snapping a streak of 36 consecutive daily increases, AAA reported.During that stretch, the average price increased 48.8 cents or 14.82%.