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The Texas Oil Boom in Global Perspective

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the staff of the Ridgewood blog

Houston Tx, a remarkable map shared by a reader highlights an astounding fact: if Texas were a separate country, it would rank as the third-largest oil producer in the world. That’s right—drill, baby, drill!

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Streamlining Your Business Finances with Atton Accounting & Consulting

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Atton Accounting & Consulting is a leading provider of comprehensive financial services tailored to the unique needs of businesses. In today’s fast-paced and ever-changing business landscape, maintaining a strong financial foundation is crucial for long-term success. This article explores how Atton Accounting & Consulting can help streamline your business finances, enabling you to focus on your core operations and achieve your growth objectives.

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The Fed Holds Off on Rate Cuts Citing ‘lack of further progress’ On Inflation

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the staff of the Ridgewood blog

Washington DC,  the Federal Reserve has opted to maintain interest rates at current levels amid a backdrop of rising inflation and a resilient labor market, signaling that potential rate cuts are likely to be postponed further into the year.

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Wall Street Says “Show Me” on AI Technology Earnings

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the staff of the Ridgewood blog

Ridgewood NJ, once upon a time, merely mentioning AI on a Wall Street earnings call was enough to send investors into a frenzy. But as the dust settles, a more discerning reality is emerging.

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Second thoughts on the ,”corporate diversity was good for profits” Idea

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the staff of the Ridgewood blog

Ridgewood NJ, a series of influential McKinsey reports from the mid-2010s, which together made the case that corporate diversity was good for profits, is facing new criticism after a group of academics was unable to replicate its findings.

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Former CEO Imprisoned For $10.4 Million Securities Fraud Scheme Involving Top Italian Cycling Brands

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the staff of the Ridgewood blog

Denver Co, a former CEO of Outdoor Capital Partners, a fund focused on investing in cycling companies, was sentenced to 71 months in prison for securities fraud on Tuesday. Samuel J. Mancini fraudulently raised nearly $11 million from investors with promises to acquire leading Italian cycling brands, including Cinelli, Columbus, De Rosa, De Marchi Apparel, and Limar Helmets. However, none of the acquisitions materialized, leaving investors without returns on their investments.

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The FED Leaves Rates Unchanged

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the staff of the Ridgewood blog

Washington DC, on Wednesday, the Federal Reserve opted to maintain interest rates at their current levels and kept its projection unchanged, indicating the potential need for three rate cuts in 2024.

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The Advocacy Edge: Gaining a Competitive Advantage through Customer Advocacy

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Have you ever wondered what sets industry leaders apart from the competition? What gives some companies the edge that propels them to unparalleled success? The answer might just lie in an often underestimated yet potent force: customer advocacy

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How You Can Add More Security And Stability To Your Business This Year

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Starting and running a business comes with its challenges, but with the right strategies, you can enhance security and stability in your operations. In this comprehensive guide, we’ll explore practical steps to safeguard your business and ensure its long-term stability in the ever-changing business landscape.

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Unlocking Financial Potential: How a CPA Firm Can Benefit Your Business in Canada

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In a rapidly evolving global economy, the success of a business hinges on its financial strategy. Many firms in Canada have realized the immense potential that lies in collaborating with Certified Public Accountants (CPA) to bolster their financial standing and achieve their business goals. CPA firms, such as Accountor.ca, employ a systematic and strategic approach to financial management, which is instrumental in unlocking a company’s financial potential. This article explores how a CPA firm can benefit your business in Canada, focusing on four key areas: strategic planning, risk management, cost reduction, and compliance assurance.

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BlackRock Backs Off ESG

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the staff of the Ridgewood blog

Ridgewood NJ, perhaps Larry Fink has taken note of the annual report card, “Putting Politics Over Pensions.”  It’s undeniable that BlackRock is shifting its stance on climate activism. This marks a significant reversal in just 18 months, especially considering Fink’s previous leadership in the CEO movement advocating for climate action.

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Wall Street Surrenders to the FED

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the staff of the Ridgewood blog

Ridgewood NJ,like Sitting Bull’s surrender Wall Street has decided it will fight no more. The latest inflation data has put to rest any hopes of an imminent interest rate cut by the US Federal Reserve this month. In January, the Fed’s preferred measure of underlying inflation surged at its fastest rate in nearly a year, signaling ongoing challenges in curbing price pressures.

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Consumer Price Index Comes in Hotter Than Expected

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  • CPI report likely pushes the likelihood of a Fed rate cut to the second half of 2024
  • Dow Jones has its worst day since March 2023

the staff of the Ridgewood blog

Washington DC, the Consumer Price Index for All Urban Consumers (CPI-U) increased 0.3 percent in January on a seasonally adjusted basis, after rising 0.2 percent in December, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 3.1 percent before seasonal adjustment.

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