Thursday, August 18, 2022

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Fed raises key rate by a half-point in bid to tame...

WASHINGTON (AP) – The Federal Reserve intensified its fight against the worst inflation in 40 years by raising its benchmark short-term interest rate by...

Key inflation gauge jumped 6.6% in March, most since 1982

WASHINGTON (AP) – An inflation gauge closely tracked by the Federal Reserve jumped 6.6% in March compared with a year ago, the highest 12-month...

Biden tapping oil reserve for 6 months to control gas prices

WASHINGTON (AP) – President Joe Biden on Thursday ordered the release of 1 million barrels of oil per day from the nation's strategic petroleum...

Gas prices fall 2 cents in R.I., Mass.

PROVIDENCE – The average price of self-serve, regular unleaded gasoline in Rhode Island fell to $4.20 per gallon, 2 cents less than last week...

Gas, sales tax holidays clear Conn. legislature

HARTFORD, Conn. (AP) – Connecticut will temporarily suspend its 25-cent-per-gallon excise tax on gasoline after a bipartisan vote by state lawmakers Wednesday in an...

U.S. inflation soared 7.9% in past year, a fresh 40-year high

WASHINGTON (AP) – Propelled by surging costs for gas, food and housing, consumer inflation jumped 7.9% over the past year, the sharpest spike since...

Gas prices surge to record highs; up 58 cents in R.I....

PROVIDENCE – The average price of self-serve, regular unleaded gasoline in Rhode Island soared to a record-high $4.17 per gallon, 58 cents more than...

Gas prices jump 6 cents in R.I., 5 cents in Mass.

PROVIDENCE – The average price of self-serve, regular unleaded gasoline in Rhode Island rose 6 cents week to week to $3.54 per gallon –...

Gas prices jump 5 cents in R.I., 6 cents in Mass.

PROVIDENCE – The average price of self-serve, regular unleaded gasoline in Rhode Island rose 5 cents, to $3.49 per gallon - the same as...

Gas prices jump 6 cents in R.I., 4 cents in Mass.

PROVIDENCE – The average price of self-serve, regular unleaded gasoline in Rhode Island rose 6 cents week to week to $3.44 per gallon, level...

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