Author: Money Mechanics

This week’s Baker Hughes Rig Count shows that the U.S. increased by 4 last week, resulting in a total count of 562 rigs. Canada increased by 24 over last week, resulting in a total Canadian count of 162 rigs. Breakdown by region Of the regions tracked by Baker Hughes, the Permian regions experienced an increase this week. Meanwhile, no regions experienced a decrease this week: Major Basin Variances This Week +/- Ardmore Woodford 2 0 Arkoma Woodford 1 0 Barnett 0 0 Cana Woodford 21 0 DJ-Niobrara 8 0 Eagle Ford 44 0 Granite Wash 17 0 Haynesville 55…

Josh Green, Network Engineering Manager, received Cboe’s 2025 Outstanding Community Service Award for his decade-long volunteering with Scouting America. Scouting America was founded over 100 years to help young people develop strong ethical and moral character, guided by the Scout Oath and Law. The organization focuses on outdoorsmanship, ethical decision making and strong leadership development.Josh was first introduced to Scouting America in the Kansas City area by his uncle, who encouraged him to join his local troop as a kid. As an adult, Josh became involved with the organization again when his son joined Cub Scouts. Josh now serves as…

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 whether Congress will enact more tax changes before November’s mid-term elections and related topics.(Get a free issue of The Kiplinger Tax Letter or subscribe.)1. Congress and tax changesQuestion: Do you think Congress will enact more tax changes before this November’s midterm elections?Joy Taylor: No, we really don’t expect any big federal tax changes to pass before November’s midterm elections. That’s not to say that many in Congress wouldn’t like to…

Mastercard (MA) shareholders might not be too thrilled with the stock’s more recent run, but few names have treated buy-and-hold investors to better returns over the long haul.The world’s second-largest payments processor has lost some of its luster over the past few years, but that’s more to do with the legal and regulatory landscape than the company’s operations. Threats to Mastercard’s duopoly with Visa (V) are overblown, bulls say, and shares are priced for future outperformance for patient investors.Buy-and-hold types who’ve been in the blue chip stock for ages can attest to Mastercard’s strength. And while its competitive moat might…

(Image credit: Getty Images)Health savings accounts (HSAs) offer a rare triple tax advantage: Contributions are tax-deductible, investments grow tax-free and withdrawals for qualified medical expenses are tax-free.Those tax benefits come with an important responsibility, though. If you take tax-free withdrawals from your HSA, you should be able to document that the money was used for qualified medical expenses.While IRS audits involving HSAs are relatively uncommon, they do happen. And when they do, many account holders struggle to locate receipts or remember which expenses they reimbursed themselves for earlier. Creating a simple system to save and organize HSA receipts can help…

The drone sector is experiencing renewed momentum as investors anticipate a significant shift in defense priorities under the Trump administration. Kratos Defense, Ondas, and Red Cat have emerged as the sector’s most explosive names. With analyst price targets implying robust double-digit upside, these companies are suddenly at the center of one of the market’s hottest stories. The US drone sector is experiencing renewed momentum as reports indicate the Trump administration is considering direct financial support for domestic drone makers, potentially including government equity stakes. This potential support has investors eyeing companies positioned to benefit from increased government contracts and policy…

In this edition of Coming Soon–a series from Redfin News that explores new listings that house hunters can find early only on Redfin.com and Compass.com–we’re exploring five different listings in the Chicago metro area. Coming Soon: 6010 W School St: $550,000 Photo credit: John Benedeck About 30 minutes from downtown Chicago sits an expansive five-bedroom, two-bathroom home that combines the city’s timeless architecture with updated interiors and flexible living space. Set on a quiet residential block, the brick English-tudor style home offers the balance many buyers seek: classic curb appeal, generous square footage, and easy access to both neighborhood amenities…

Carlyle Group (NASDAQ:CG) Chief Executive Officer Harvey Schwartz said the asset manager remains on track with its multiyear plan, citing stronger fee-related earnings, improved margins and a coming “super cycle” of fundraising across major flagship funds. Speaking at an Autonomous fireside chat hosted by U.S. asset manager analyst Patrick Davitt, Schwartz described Carlyle as three years into what has become a six-year transformation. He said the first phase focused on setting strategic priorities, reshaping leadership, changing the operating structure and redesigning capital management. Schwartz said Carlyle increased fee-related earnings from the “low $800s” to $1.2 billion and improved margins by…

(Image credit: Getty Images)Once upon a time, an average team faced a simple but frustrating problem: Their basketball was stuck high in a tree.The team captain removed his shoe and threw it at the ball, hoping to knock it loose. The shoe fell back to the ground, while the basketball remained firmly lodged in the branches.On their second attempt, the average team concluded that the issue was the strength of the team captain. After assessing each team member, they chose Joe, whose greatest strength was his throwing power. From just $107.88 $24.99 for Kiplinger Personal Finance Become a smarter, better…

(Image credit: Getty Images)A shifting economic landscape is reshaping venture capital in real time. The mandate hasn’t changed — returns still need to materialize within a decade, often sooner — but the path to get there has.Investors are tightening their filters, raising the bar and taking a far more disciplined approach to where they place their bets.The old “spray and pray” model is fading fast. In its place is a more selective, high-conviction strategy: Fewer deals, deeper diligence and far more hands-on involvement. For startups, that means the margin for “almost good enough” has all but disappeared. From just $107.88…