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Tag: stays

Crude oil stays steady with Iranian sanctions just a month away

Crude oil stays steady with Iranian sanctions just a month away

Business
Oct. 5 (UPI) -- Crude oil prices stayed steady Friday after a volatile week that saw the highest prices in four years.WTI crude was up 26 cents to $ 74.59 a barrel in mid-day trading while Brent was up 9 cents to trade at $ 84.67 a barrel. "Fundamental dynamics have shifted in favor of the bears this week with a huge build in commercial crude oil stocks and news that Saudi Arabia and Russia made a private agreement weeks ago to increase output to help offset the declining exports from Iran," said Tyler Richey, co-editor of the Stevens Report. On Nov. 4, sanctions will go into effect that will prohibit countries from buying Iranian crude oil. The Trump administration wants to cut off money from the Iranian regime to pressure the leaders back into a new nuclear agreement. Oil prices are up...
House and Senate agree: The adoption tax credit stays

House and Senate agree: The adoption tax credit stays

Finance
What's in the GOP proposed tax planBoth the House and Senate agree: The adoption tax credit is off the chopping block. Republican Senators introduced their tax overhaul Thursday afternoon and it preserved the adoption tax credit, according to initial materials from the Senate Finance Committee. Last week, House Republicans introduced its 429-page tax overhaul that included repealing the credit. But Ways and Means Committee Chairman Kevin Brady offered an amendment on Thursday that would preserve the credit. Related: What's in the Senate Republicans' tax bill Adoption advocates breathed a sigh of relief at the change. Denise Bierly, a family attorney, is set to finalize her daughter's adoption by the end of year. She said the news gave her a sense of justice. "I had this rather guilty f...