economy

With just a week to go till Memorial day, gas prices are skyrocketing in Montana at a rate not seen for many months.

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The Bureau of Land Management and the Department of the Interior have opened for public comment a new rule that will govern hydraulic fracturing on federal lands if approved.

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U.S. Department of Health and Human Services Secretary Kathleen Sebelius announces that $1,474,935 worth of federal dollars would be pouring into Montana.

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Missoula's Neptune Aviation heard bad news this week when the U.S. Forest Service announced the winners of lucrative contracts for developing the next generation of firefighting air tankers.

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Federal prosecutors say a Chippewa Cree tribal leader and a former Montana legislator used a shell company to divert hundreds of thousands of dollars in federal stimulus aid into their own pockets.

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Montana gas prices rose again during the first week of May, and the barrel price of oil rose as well, reaching around $96, a four week high.

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The National Forest Service is demanding that states give back money originally intended for the development of roadways and schools.

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The economy added 165,000 jobs in April, bringing the overall unemployment rate down a tick to 7.5 percent. The monthly report from the Labor Department also included upward revisions to the last two reports, helping to ease fears of a slowdown.

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Pumps in Billings no longer have the nations' cheapest gas as prices in Montana rise for yet another week.

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The struggle for control of Montana's largest publicly-traded company is turning increasingly bitter ahead of a May 2 shareholders' vote.

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