Squeeze on finances continues as inflation hits new 40-year high
Economists hope pandemic price hikes driven by high demand and supple chain problems will ease soon.
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Economists hope pandemic price hikes driven by high demand and supple chain problems will ease soon.
Long Island sets all-time high Tuesday with average per-gallon price of $4.35, while New York City was at $4.36.
The administration had been reluctant to take this step out of concern for soaring gas prices, but has been under increasing political and public pressure to enact the ban.
Some consumers said gas prices are hitting especially hard because they just restarted commuting to work. CBS2's Meg Baker reports.
The crisis in Ukraine is among the factors causing gas prices to soar here at home.
Many Americans feel the economic squeeze is likely to grow tighter, thanks to the war in Eastern Europe. CBS2's Tony Aiello spoke with some experts for a look at what to expect.
Experts say the increase is spiked by worries over instability in Eastern Europe.
Sen. Chuck Schumer called on President Joe Biden to tap into the nation's Strategic Petroleum Reserve to provide temporary relief at the pump, especially ahead of holiday travel.
After pandemic lows, we're now seeing some of the highest gas prices in years.
Right now, there is no plan to ration gas in New Jersey. The governor says he is in touch with the federal government on the Colonial Pipeline shutdown.
Days after the attack, which impacted a pipelines that supplies about 45% of fuel consumed on the East Coast, President Joe Biden spoke about federal efforts to take down "ransomware criminals."
Investigators now believe they know who was behind it and President Joe Biden's administration is speaking out about the threat.
Overall, prices are 40-50 cents higher than this time last year.
Analysts say rising crude prices, tightening gas supplies and increased demand continue to drive prices at the pump higher.
AAA Mid-Atlantic says the average price of a gallon of regular gas in New Jersey on Friday was $2.18, a penny less than the week before.
Gas prices continue to drop in New Jersey and around the nation amid the coronavirus outbreak despite what would usually be a peak time for gas prices just ahead of the summer driving season.
New Jersey drivers may soon be paying more at the pump.
Though nearly 42 million people across the country are expected to travel this holiday weekend, many drivers who spoke with CBS2 said they're opting to stay local.
Drivers have been taking a hit to their wallets thanks to pumped up gas prices.
While Hurricane Irma churns toward Florida with potentially devastating results, Harvey's lasting effects are still hitting New Yorkers in the wallet.
State Attorney General Eric Schniederman asks drivers to notify his office if they suspect problems at the pump.
The average price for a gallon of regular gas is about $2.36, which is 7 cents higher than last week, according to AAA Mid-Atlantic.
Drivers filling up in New Jersey may soon be paying more at the pump. More money is needed to alleviate a tanking state fund for road repairs, CBS2's Magdalena Doris reported.
Massachusetts gasoline prices have jumped 4 cents in the past week to an average of $2.12 for a gallon of self-serve regular.
Triple A declares this year's to be the busiest holiday for travel ever.
Local and federal law enforcement will discuss security efforts ahead of Game 3 of the NBA Finals between the Knicks and Spurs, where President Trump is expected to attend.
A series of drone incursions into countries neighboring Ukraine and Russia is fueling concern that their four-and-a-half year war could spread.
Carson Benge went 5 for 5 with a home run and an RBI triple, leading the Mets to a 7-3 victory Sunday over the struggling Padres.
"Schmigadoon!" — which was tied for the most nominations, with 12 — won Best Musical, and "Liberation" took home the honor of Best Play at the 2026 Tony Awards.
Law enforcement responded after six people were stabbed at Penn Station on Sunday evening. At least victim's wounds were serious, authorities said.
Local and federal law enforcement will discuss security efforts ahead of Game 3 of the NBA Finals between the Knicks and Spurs, where President Trump is expected to attend.
Law enforcement responded after six people were stabbed at Penn Station on Sunday evening. At least victim's wounds were serious, authorities said.
There will be no watch party for Knicks fans outside Madison Square Garden while President Trump attends Game 3 of the NBA Finals.
Brad Lander is endorsed by Mayor Mamdani and Rep. Dan Goldman is backed by Gov. Hochul in a race that's turned into one of New York's hottest of 2026.
Severe weather in Queens caused the death of an elderly man when a tree fell on him in Forest Park on Saturday night.
Storms hit the New York City area on Saturday, bringing damaging winds, hail and downpours across the region.
It's unseasonably warm in New York City on Wednesday as humidity adds to the summer-like weather. There's also a slight chance for showers in parts of the Tri-State Area.
It's back to feeling like spring, and even summer on some days, as warm weather and sunshine return to the New York area.
A final round of showers is moving through the New York area in the morning before the rest of the week turns much drier and warmer.
The New York area is off to a soggy start to the unofficial kickoff of summer with rainy weather this Memorial Day Weekend.
Tensions rose once again this weekend outside Delaney Hall in Newark after the mayor scaled back local law enforcement.
For half a century, The Valerie Fund has been dedicated to providing care to children with cancer and blood disorders.
Storms hit the New York City area on Saturday, bringing damaging winds, hail and downpours across the region.
A New Jersey nonprofit called The Valerie Fund is celebrating 50 years of providing comprehensive care to children with cancer and blood disorders.
A child died and five people, including a firefighter and police officer, were hurt after flames broke out at a home in Perth Amboy, New Jersey.
An 18-year-old pleaded guilty Thursday to murder and weapons charges in connection to a deadly shooting at a Long Island house party in 2025.
Storms hit the New York City area on Saturday, bringing damaging winds, hail and downpours across the region.
EPA Administrator Lee Zeldin, who is from Long Island, returned to his home turf Friday to spread the word on what is right with the agency.
A Long Island jury found Steven Schwally guilty of 2nd degree murder for ramming his car into a Deer Park nail salon while drunk.
John Gotti's grandson Carmine Gotti Agnello was arrested Wednesday for allegedly assaulting a woman, Nassau County Police said.
Brad Lander is endorsed by Mayor Mamdani and Rep. Dan Goldman is backed by Gov. Hochul in a race that's turned into one of New York's hottest of 2026.
As President Trump prepares to watch the New York Knicks take on the San Antonio Spurs at Madison Square Garden, officials are planning for a heightened security posture, sources said.
EPA Administrator Lee Zeldin, who is from Long Island, returned to his home turf Friday to spread the word on what is right with the agency.
In a CBS News interview, White House border czar Tom Homan defended conditions at the Delaney Hall ICE detention center, amid intense protests over the New Jersey facility. "
Newark Mayor Ras Baraka said Thursday he is scaling back police at Delaney Hall. The announcement followed the arrests of two protesters on Wednesday night.
For half a century, The Valerie Fund has been dedicated to providing care to children with cancer and blood disorders.
A New Jersey nonprofit called The Valerie Fund is celebrating 50 years of providing comprehensive care to children with cancer and blood disorders.
New Jersey Gov. Mikie Sherrill is urging people to donate blood ahead of the summer months.
There's no vaccine for the Bourbon virus, nor medicine to treat it, according to the U.S. Centers for Disease Control and Prevention.
Marie Francillion was diagnosed with lung cancer after she was feeling heartburn and shoulder pain. She said she's able to remain hopeful and spend more time with her family because of a different type of treatment.
"Schmigadoon!" — which was tied for the most nominations, with 12 — won Best Musical, and "Liberation" took home the honor of Best Play at the 2026 Tony Awards.
The Broadway revival of the musical (nominated for 11 Tony Awards) depicts drama, joy and heartbreak in the pursuit of the American Dream at the turn of the 20th century, with parallels to the contemporary world, from issues of race to the immigrant experience.
Madonna performed a surprise concert in Times Square weeks before the release of her "Confessions II" album.
Knicks superfan Spike Lee stopped by CBS Mornings to give his thoughts as the Knicks get set to play in the NBA Finals, and he offered his prediction, too.
The 25th edition of the film and media festival opens on Wednesday, showcasing more than 100 world premiere documentaries and narrative features, as well as short films, live music, podcasts and conversations with leading entertainment figures.
Carson Benge went 5 for 5 with a home run and an RBI triple, leading the Mets to a 7-3 victory Sunday over the struggling Padres.
Cody Bellinger's tiebreaking homer sparked a five-run eighth inning capped by Jazz Chisholm Jr.'s three-run drive, and the banged-up Yankees beat the Red Sox 6-1 on Sunday.
There will be no watch party for Knicks fans outside Madison Square Garden while President Trump attends Game 3 of the NBA Finals.
Fermin's home run nullified a fine performance by Mets rookie Nolan McLean, who allowed one run on three hits and three walks in six innings.
Saturday night's Red Sox-Yankees game was postponed due to rain and rescheduled.
Harlem's historic Cotton Club recently announced it was up for sale. The news comes as jazz clubs across the borough disappear.
Jasir Gipson was shot by a stray bullet at 5 years old while walking with his mother. More than a decade later, he's graduating from high school with nothing but a smile.
Garbage piling up near freight train tracks is frustrating many Maspeth residents.
Residents and elected officials are urging the MTA to reopen the Long Island Rail Road's former Elmhurst station, arguing that the neighborhood has outgrown its current transit options.
Before there was a Brooklyn, there was a flagpole, and since the earliest days of our country, it stood as a symbol of freedom and self-determination.
People dressed in elaborate headgear and paraded up Fifth Avenue for New York City's Easter Sunday tradition.
The Halloween tradition strolled through Manhattan's East Village on Sunday, with furry friends dressed in colorful costumes.
A suspect was taken into custody after an attack on Pearl Street Mall in Boulder on June 1 in which there were 15 people and a dog who were victims. The suspect threw Molotov cocktails that burned some of the victims, who were part of a march for Israeli hostages.
The annual Easter Parade and Easter Bonnet Festival was held in Manhattan on April 20, 2025.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Urban Assembly Maker Academy in Lower Manhattan has four separate high schools on four floors.
The NYPD is looking for a man accused in a sexual abuse incident on the 7 train in Queens.
The money will help prepare the region for the thousands of visitors expected to travel through New Jersey during the tournament.
Knicks fever has taken over the city as fans and businesses show their pride in the team's epic playoff run.
The NYPD said officers responded to reports of an assault on Decatur Avenue and East 270th Street when they found a 23-year-old man shot multiple times.
