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Oil Closes at 4-Month High After Fed Bond Plan
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FBN’s Adam Shapiro on the Fed’s bond plan announcement driving the price of oil higher.
- Duration 0:51
- Date Sep 13, 2012
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FBN’s Adam Shapiro on the Fed’s bond plan announcement driving the price of oil higher.
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I'm Adam Shapiro of Fox Business freeze oil closed at a more than four month high following the Federal Reserve's announcement it will take action -- stimulate the US economy.
Crude jumped more than 1% to settle at 98 dollars and 31 cents on the New York Mercantile Exchange.
Nintendo shares -- getting a boost after the video game maker announced the United States -- the US launch date for its new why you console.
Will -- that that we -- console that device is set to go on sale November 18 with a starting price of 299 dollars.
And owning a home might be a better option than renting one according to a report from real estate website Trulia homeownership.
-- the better option and all 100 US metropolitan cities covered with a mortgage rates hovering near record lows.
And that's climbing faster than home prices because of homeownership becoming the more favorable option --