Author: Money Mechanics

(World Oil) – Frontera Energy Corp. plans to separate its Colombian infrastructure assets into a new independent company—Frontera Infrastructure—leaving Frontera Exploration & Production (E&P) as a focused, pure-play upstream operator. The restructuring, announced Nov. 13, is designed to unlock value from Frontera’s portfolio and sharpen the company’s competitive position in the oil and gas sector. The transaction is expected to close in the first half of 2026, pending shareholder approval. CEO Orlando Cabrales Segovia said the split reflects sustained interest from investors who see distinct opportunities in Frontera’s upstream and midstream businesses. “While the upstream oil and gas and infrastructure businesses…

If you have Medicare Part B and/or Medicare Part D prescription drug coverage, you could owe a monthly surcharge based on an income-related monthly adjustment amount (IRMAA). This surcharge is paid by Medicare beneficiaries for Parts B and D Medicare, in addition to the standard premiums, if their taxable income exceeds certain thresholds. For 2026, the IRMAA income brackets and surcharges increased by approximately 3% and 9% respectively.The Medicare surcharge in 2026 will apply to beneficiaries with income exceeding $109,000 (for single filers and married filing separately) or $218,000 (for joint filers). For these beneficiaries, total monthly Part B premiums…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.AJ Bell, one of the UK’s largest retail investment sites, has ruled out selling private assets via new semi-liquid funds, claiming that demand has been insufficient. Long-term asset funds (LTAFs) are designed to broaden the exposure of private assets to UK retail investors. But while DIY investment group Hargreaves Lansdown has partnered with Schroders Capital to offer LTAFs to its clients since September, retail investors will not be able to buy them through AJ Bell.“[Our customers] already have access to a wide…

Job seekers wait to enter the SacJobs Career job fair in Sacramento, California, US, on Thursday, Nov. 13, 2025. David Paul Morris | Bloomberg | Getty ImagesThe first economic data report that went unreleased due to the government shutdown will be released next week, the Bureau of Labor Statistics said Friday.As the U.S. government reopens for business, Wall Street’s attention now turns toward when critical data on employment, inflation and other economic signposts will be released.The first such report, on September nonfarm payrolls, will come out Thursday at 8:30 a.m., according to a BLS update posted on its website.A day…

When is Black Friday? This year, Black Friday falls on Friday, Nov. 28. Cyber Monday follow shortly after on Monday, Dec. 1. When will Best Buy have Black Friday sales?Best Buy was one of the first retailers to roll out its set of dates for holiday sales. On Oct. 20, the brand released its full schedule of events through the end of December. The brand’s Door(BOO)ster deals technically kicked off over a full month of savings, which started on Halloween. Here’s the details: Early Black Friday Deals: Oct. 31-Nov. 19Black Friday Sale: Nov. 20-29Cyber Sunday and Monday: Nov. 30-Dec. 1Last-Minute Savings: Dec. 15-24Are deals really…

Key Takeaways Retail and logistic companies may not hire as many people this holiday season as executives try to parse mixed economic messages.This means job seekers will be competing for fewer jobs, with lesser benefits than in years past, experts said. Looking for a short-term job to help with holiday expenses? Be prepared for some stiff competition. Landing holiday work is likely to be harder and come with less perks this season, retail and labor experts said, as companies will likely be more conservative about bringing on help as consumer sentiment plunges and executives brace for a potential consumer slowdown.…

Warren Buffett’s Berkshire Hathaway Inc. (BRK.A, BRK.B) is the single largest private holder of U.S. Treasury bills, surpassing even the Federal Reserve’s own holdings. As of the end of the third quarter of 2025, Berkshire controlled about $360 billion in Treasury bills, while the Fed’s holdings had dropped to around $195 billion. This shift reveals much about Buffett’s take on today’s investment climate. What Are Treasury Bills and Why Do They Matter? Treasury bills (T-bills) are short-term debt securities issued by the U.S. government, with maturities ranging from four weeks to one year. They pay no periodic interest but are sold at…

Key Takeaways On November 13, 2025, the IRS announced increases to the contribution limits for 401(k) and IRA accounts. Only 14% of participants contributed the annual maximum in Vanguard-run defined contribution retirement plans such as 401(k)s in 2024. High-income earners are more likely to max out their 401(k)s, but even if you have a modest income you can reach this goal. The power of compounding returns means you have a strong incentive to save as much as possible, as soon as possible. The reality of the U.S. retirement system, which is that you are largely responsible for your own retirement…

As a longtime financial adviser, I’ve met many people who have at least a basic plan for managing their portfolios in retirement.Most have a good idea of the amount of money they have stashed in savings and investments, and they’ve estimated how long they can expect those funds to last if they stick to their retirement budget and withdrawal strategy.This is great. I’m a big believer that getting and keeping your finances on track goes a long way toward helping things go right in retirement. From just $107.88 $24.99 for Kiplinger Personal Finance Be a smarter, better informed investor. CLICK…

The oldest Gen Xers — those born in 1965 — are turning 60 this year. Raised on mixtapes, MTV and a hefty dose of skepticism, this generation has long flown under the radar in the retirement planning conversation.But now, with retirement on the horizon and economic uncertainty on the rise, it’s time to hit pause on nostalgia and start building a fresh financial “playlist” for the next 30 years.This is about more than just investment accounts. From just $107.88 $24.99 for Kiplinger Personal Finance Be a smarter, better informed investor. CLICK FOR FREE ISSUE Sign up for Kiplinger’s Free Newsletters…