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Oil Rises to Near $79 on Strong US Growth Data
With the recession trailing off slowly and the economy finding its way back to a livable way we look to another contributing factor, oil. Oil prices rose on Thursday, bringing the cost up to $79 a barrel once data was received on US economy growth.
The Federal Reserve Bank – What it is and What You Need to KnowThe Federal Reserve is what is known as a central bank. This bank is not regulated by the United States government. It creates the nation’s money supply, loans it back to the government at interest, and regulates interest rates on the money it loaned out.
