Author: Money Mechanics

This week’s Baker Hughes Rig Count shows that the U.S. decreased by 1 last week, resulting in a total count of 563 rigs. Canada increased by 6 over last week, resulting in a total Canadian count of 186 rigs. Breakdown by region Of the regions tracked by Baker Hughes, the Cana Woodford, and DJ-Niobrara experienced an increase this week. Meanwhile, 1 region experienced a decrease this week: The Granite Wash is down 18, at 18. Major Basin Variances This Week +/- Ardmore Woodford 2 0 Arkoma Woodford 1 0 Barnett 0 0 Cana Woodford 20 1 DJ-Niobrara 9 1…

Luxury show garages have become a must-have among wealthy, high-profile car enthusiasts, including Sultan of Brunei, Ralph Lauren, Jerry Seinfeld, Jay Leno, and Adam Carolla.Even those who reside not in luxury mansions, but in high-rise buildings, have found a way to proudly display their auto collections courtesy of impressive car elevator systems that enable residents to drive directly into the property—and park inside their unit, turning their automobile into the ultimate showpiece whenever they are at home.But the city of Las Vegas has now taken this auto obsession to new heights, offering up an entire condo development aimed specifically at…

Oil prices began to climb once again in early Asian trade on Friday due to uncertainty over the outcome of peace talks between the United States and Iran after Switzerland confirmed the talks had been postponed. At the time of writing, had climbed back above $80 per barrel while had risen to $76.28. Reuters reported on the statement, issued by the Swiss foreign ministry, without providing details. The statement followed earlier reports that said Vice President J.D. Vance, who had been scheduled to attend the talks, had canceled his trip. Reports did not specify the reason for the cancellation, although…

In a city known for its stately mansions and centuries-old government buildings, one dramatic glass residence offers another kind of architectural brilliance—one that puts a very “urban” spin on the acclaimed midcentury modern designs of Frank Lloyd Wright.The “masterfully designed” glass-and-brick abode is located in Washington, DC’s leafy Forest Hills neighborhood, about 3 miles north of the White House. However, thanks to its perch on the border of the capital’s beautiful Rock Creek Park, the property feels a world away from the hustle and bustle of city life.Initially listed in June 2025 for $4.7 million, the exceptional dwelling recently returned…

If you’ve ever walked the streets of downtown Crested Butte, then you know just how special it is: brightly painted Victorian storefronts, hanging flower baskets, and mountain views in nearly every direction. For one buyer, all the charm of this Colorado ski town is about to become their backyard.Known as Bear Alley, the estate at 507 First Street is just a stone’s throw from Elk Avenue, the town’s main thoroughfare, and has just come to market for the first time in its 25-year history for $6.99 million.Described in the listing as a “once-in-a-lifetime creekside compound,” the property includes multiple buildings…

John Alexander Young, Chief Financial Officer of Ambarella (NASDAQ:AMBA), reported the direct sale of 5,033 shares of Common Stock for a transaction value of approximately $340,000 on June 17, 2026, according to an SEC Form 4 filing. Transaction summary Metric Value Shares sold (direct) 5,033 Transaction value ~$340,000 Post-transaction shares (direct) 112,590 Post-transaction value (direct ownership) ~$7.4 million Transaction value based on SEC Form 4 weighted average reported price ($67.54); post-transaction value based on June 17, 2026 market close price. Key questions How does this sale compare to John Young’s historical trading pattern?In the past year, Young executed eight sales,…

Nationwide, 13.6% of the homebuying deals made in May fell through. That share has held steady over the last 4 months as buyers and sellers grow accustomed to today’s market.  4 of the 10 metros where contract cancellations were most common were in Texas, and three were in Florida; all are strong buyer’s markets.  Deals are least likely to fall apart in San Francisco, where the local market is hot, and other seller’s markets.  Cancellations of contracts to buy homes are most common in Atlanta, Fort Worth, TX and Jacksonville, FL. In each of those places, roughly 18% of all…

Kerry Wan/ZDNETFollow ZDNET: Add us as a preferred source on Google.ZDNET’s key takeawaysYou can change Android Auto for a custom experience.The apps, interface, and operation can be changed.Modifications are easy to find and only take a minute.Android Auto is one of the easiest ways to make your car smarter, but you might not realize the platform offers customization options to make it your own. Whether it’s the system’s appearance, changes to how it operates, or the notifications it sends, you can fine-tune Android Auto to your specific needs in several ways, making it even more useful.Also: 6 Android Auto apps I wish I…

(Oil & Gas 360) By Greg Barnett, MBA, Part 3 of 3 – Any transportation fuel transition ultimately converges on a single question: cost. Engineering feasibility, policy alignment, and infrastructure development all shape the pathway to adoption, but for fleet operators and commercial users, the decision is grounded in economics. The comparison between diesel, compressed natural gas (CNG), and electric vehicles (EVs) is therefore most meaningful when evaluated through the lens of total cost of ownership, operational efficiency, and capital recovery over time. Natural gas offers a distinct advantage at the fuel level. On an energy-equivalent basis, compressed natural gas…

In today’s modern world, where brand-new megamansions appear to replace historic homes on a daily basis, it’s rare that a true legacy estate makes its debut on the market, particularly in California, home of some of the country’s most glittering contemporary abodes.Yet that is exactly what has emerged in the Golden State’s Sierra Foothills, where a spectacular 10-acre ranch has been listed for the first time since it was built, having been lovingly tended to by the same family for nearly four decades.The farmhouse estate, which is known as Bella Tenuta, made its first appearance on the market on June…