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5 Most Coveted Offshore Petroleum Reserves

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Untapped petroleum reserves dot the globe. Find out where these untapped petroleum reserves still exist and why oil companies covet them heavily.

What happens when a state law contradicts a U.S. federal law?

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What happens when a state law contradicts a U.S. federal law? Find out which wins out when a state law contradicts a U.S. federal law.

Has the free enterprise system prevailed?

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The free enterprise system offers unfettered industry powered by profit-focused individuals. Learn about the free enterprise system in this article.

How the Fed Works

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Think the U.S. economy works only by supply and demand? Not so. If you own a house, have a bank account or write checks, the Federal Reserve System affects your everyday life. Find out all about the Fed.

Why Does the Fed Change the Interest Rate?

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The Federal Reserve hiked the interest rate by 0.75 percent July 27, 2022 - the second time in less than two months. Will this historic rate hike curb the unprecedented inflation?

How Interest Rates Work

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Interest rates are basically the price we pay for living in a world that relies heavily on credit and debt. Find out how interest rates work in this article.

How Banks Work

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Banks take care of your money for you. Find out how banks keep your money safe, how banks make money, and how to start your own bank.

How Recessions Work

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What goes up must come down: Periodic recessions are a natural part of any nation's economic cycle. Find out exactly what a recession is, how it happens and what can turn it around.

10 Worst Recessions in U.S. History, Listed Chronologically

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Recessions are painful chapters in any nation's economic story, and the United States has experienced its fair share.

How Stock Market Trends Work

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Stock Market Trends help investors identify what stocks to buy and when. Learn about stock market trends and investing at HowStuffWorks.

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