Connecticut suspends gas tax for 3 months
In Connecticut, the average gas tax is about 25 cents per gallon, but drivers will not have to pay it for the next three months
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In Connecticut, the average gas tax is about 25 cents per gallon, but drivers will not have to pay it for the next three months
Two other states have also signed similar legislation to ease the squeeze from rising gas prices.
School taxes are a key economic factor on Long Island, where they account for over 60% of homeowners' tax bills.
House lawmakers voted 143-0 in favor of the emergency bill. Hours later, the Senate passed the proposal.
With the rise in gas prices, the debate grows about letting employees work from home. Financial expert Sibile Marcellus spoke with CBS2's Chris Wragge and Mary Calvi about the issue.
New Jersey's 42.4 cents per gallon gas tax is the fourth highest in the nation.
Many consumers are going to feel a tighter squeeze after the Federal Reserve announced Wednesday it's raising interest rates.
With many employees still working from home, there are concerns along the major office park corridor of Long Island that Route 110 has permanently changed.
Rahway Food for Friends says the need for help tripled since the start of the pandemic.
The economic squeeze it taking its toll on the wallets of drivers in the Tri-State Area.
New York's average is now $4.46 a gallon, and New Jersey stands at $4.37.
An expert says there are a number of factors to consider before jumping into an electric car.
They said the move would immediately save people in Connecticut 45 cents a gallon.
The latest statistics show consumers are paying close to 8 percent more on goods and services compared to last year.
One expert says to anticipate a spike in the cost of food, home heating oil and other goods and services.
Long Island sets all-time high Tuesday with average per-gallon price of $4.35, while New York City was at $4.36.
Some consumers told CBS2 high gas prices are hitting especially hard because they just restarted commuting to work.
Long Island Cares/The Harry Chapin Food Bank serves those in need in Nassau and Suffolk counties.
According to AAA, the highest recorded price of gas per gallon in New York City was $4.41 in 2008.
There is more pain at the pump, continued sticker shock at stores, and volatility on Wall Street.
Con Edison attributes the price hikes to economic conditions, mainly the increased cost of natural gas. But activists say it's the company's own fault for not being better prepared for market fluctuations.
Eateries feeling the squeeze throughout the pandemic are now finding creative ways to bring staff back.
Car dealers are raising prices, car makers are pushing back and customers are stuck in the middle.
The "Good Cause Eviction Bill" on the table in Alban would set a limit on rental increases by tying them to inflation.
Many Americans are feeling the squeeze and sticker shock at the grocery store. We're all paying more for everyday items than we have in decades.
