Author: Money Mechanics

Venture Global, Inc. (NYSE:VG) is one of the 10 Mid-Cap Stocks That Are On Fire Right Now. On April 16, Scotiabank analyst Brandon Bingham increased the price target for Venture Global, Inc. (NYSE:VG) from $11 to $13 and maintained a Sector Perform rating on the stock. This adjustment comes as the research firm updates its price targets for the US Midstream stocks under its coverage. The analyst told investors that Scotiabank sees the current global market conditions as a short-term positive, while the longer-term impact expected to be more neutral. Scotiabank and RBC Capital Lift Venture Global (VG) Price Targets…

I am happy to have the opportunity to return to and to speak in Dakar. Not far from here, I began my unexpected journey into the economics profession.1 As a graduate student at l’Université Cheikh Anta Diop de Dakar, I came to study philosophy and to write a thesis in African philosophy. However, I immediately started posing questions that became foundational in my conversion to economics, which would help provide the framework and skills to respond to these questions. Among them were the following: Why did a ballpoint pen that cost $0.10, at that time, in the United States cost…

A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox. Anyone who has bought or sold a home knows how long and tedious the closing process can be. It involves antiquated paperwork requiring multiple signatures from various parties, disclosures and a heap of compliance forms. Some of the process has been digitized, but mostly not. One…

Poland’s intelligence service said it detected attacks on five water treatment plants where hackers could have taken control of the industrial equipment inside, including, in the worst case, tampering with the safety of the water supply. The story is relevant beyond Poland’s borders: U.S. water infrastructure has faced similar threats in recent years. In 2021, a hacker briefly gained access to a water treatment plant in Oldsmar, Florida and attempted to increase the level of sodium hydroxide — a caustic chemical — to dangerous levels. The FBI and the U.S. Cybersecurity and Infrastructure Security Agency (CISA) have since warned that…

This week’s Baker Hughes Rig Count shows that the U.S. increased by 1 last week, resulting in a total count of 548 rigs. Canada increased by 1 over last week, resulting in a total Canadian count of 124 rigs. Breakdown by region Of the regions tracked by Baker Hughes, the Ardmore Woodford, and Permian regions experienced an increase this week. Meanwhile, no regions experienced a decrease this week: Major Basin Variances This Week +/- Ardmore Woodford 2 1 Arkoma Woodford 1 0 Barnett 1 0 Cana Woodford 20 0 DJ-Niobrara 9 0 Eagle Ford 43 0 Granite Wash 17…

Adrian Kasbergen and Karen White at the vacant lot of their future retirement home in Raleigh, N.C.Courtesy of Adrian Kasbergen and Karen WhiteBy the time Karen White and Adrian Kasbergen met on a dating app in 2021, they had been living on opposite sides of the sprawling Houston metro area for decades, each owning their own home. They soon started talking about marrying, retiring together, and moving to another part of the country, especially since neither was crazy about Houston’s steamy summers or power failures in the winter. But where? They both had business backgrounds (he as a marketing manager…

“Family Feud” host Steve Harvey has cut the price of his longtime Georgia home—just four months after listing the enormous abode for $5.1 million. Harvey, 69, was born in West Virginia but has been based outside of Atlanta for many years now, filming his popular “Family Feud” series at a studio in Fayetteville, which is about an hour away from his listed Sandy Springs home. The popular TV host purchased the six-bedroom manse for $3.38 million in 2010 and it remained his primary residence for around a decade, before he upgraded to an even larger estate that her purchased from…

Each week in our Ask the Editor series, Joy Taylor, The Kiplinger Tax Letter editor, answers questions on topics submitted by readers. This week, she’s looking at four questions on your chances of an IRS tax audit and audit red flags you should know. (Get a free issue of The Kiplinger Tax Letter or subscribe.)1. What are my chances that I will be audited by the IRS?Question: I am getting ready to file my 2025 tax return (I applied for a filing extension). Friends have told me that I don’t have to worry about IRS audits anymore. Is that trueJoy…

Bitcoin holds above key support as institutional demand continues supporting broader recovery. Inflation data and Fed signals remain critical for Bitcoin’s next major price move. A break above $82,700 could open the path toward higher Bitcoin resistance targets near $87,000. ’s recent rise shows that investors are looking for strong liquidity and fresh money flowing into markets, rather than just a short-term technical recovery. But this time, the situation is more complex than in earlier crypto rallies. While strong buying from spot ETFs continues to support Bitcoin, factors like US monetary policy, Middle East energy risks, and uncertainty around the…

Dennis Hopper and Peter Fonda in the 1969 film, “Easy Rider.”(Image credit: Silver Screen Collection/Hulton Archive/Getty Images)The baby boomer generation exploded onto the American cultural and economic landscape in 1946, becoming the wealthiest generation in American history. Like the rule-breaking characters of “Easy Rider,” boomers claimed the right to more freedom to shape their lives than their parents had enjoyed. In the same vein, they have had to reinvent what it means to have leisure time, to work and retire. But though boomers (born in 1946 to 1964) haven’t gloriously burned out, as Neil Young’s anthem extolled, they also haven’t…