Category: Personal Finance

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Explore The Benefits Of Business Growth Equity

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If you are a business owner, you may be wondering how to grow and expand your business. One way to achieve this is through equity growth investing. Equity growth investing involves buying ownership in a company, usually in the form of stocks or bonds, so that you can benefit from its financial success. This type of investment carries both risks and rewards, but understanding the potential benefits can help you make an informed decision about whether it is right for you. In this article, we will explore the benefits of business growth equity. 

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11 Banks Ride to the Rescue of First Republic with $30 billion in Deposits

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the staff of the Ridgewood blog

Washington DC, the following statement was released by Secretary of the Treasury Janet L. Yellen, Federal Reserve Board Chair Jerome H. Powell, FDIC Chairman Martin J. Gruenberg, and Acting Comptroller of the Currency Michael J. Hsu:

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Time for that Lecture on “Moral Hazards” of Bank Bailouts

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the staff of the Ridgewood blog

Ridgewood NJ, Alexander Hamilton, who served as the first Secretary of the Treasury of the United States, is known for his role in establishing the country’s financial system. One of his key actions was the creation of the First Bank of the United States in 1791.

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Co-author of the Dodd-Frank Banking Act Barney Frank’s Signature Bank Seized by Regulators

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the staff of the Ridgewood blog

New York NY, Barney Frank, co-author of the Dodd-Frank Act, the radical overhaul of the banking system after the 2008 global financial crisis, was having his very own Dick Fuld moment.

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FDIC Acts to Protect All Depositors of the former Silicon Valley Bank, Santa Clara, California

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the staff of the Ridgewood blog

Washington DC,  the Federal Deposit Insurance Corporation (FDIC) today transferred all deposits—both insured and uninsured—and substantially all assets of the former Silicon Valley Bank of Santa Clara, California, to a newly created, full-service FDIC-operated ‘bridge bank’ in an action designed to protect all depositors of Silicon Valley Bank.

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BREAKING: The Federal Reserve Announces it Will make Available Additional Funding to Assure Banks have the Ability to Meet the Needs of all their Depositors

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the staff of the Ridgewood blog

New York NY, to support American businesses and households, the Federal Reserve Board on Sunday announced it will make available additional funding to eligible depository institutions to help assure banks have the ability to meet the needs of all their depositors. This action will bolster the capacity of the banking system to safeguard deposits and ensure the ongoing provision of money and credit to the economy.

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BREAKING: Joint Statement by Treasury, Federal Reserve, and FDIC

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the staff of the Ridgewood blog

Washington DC, the following statement was released by Secretary of the Treasury Janet L. Yellen, Federal Reserve Board Chair Jerome H. Powell, and FDIC Chairman Martin J. Gruenberg:

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Fighting The Insurance Company: 6 Tips On How To Succeed

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Do you ever feel like insurance companies are just out to get you? Do they seem intent on making the process of filing a claim or contesting an amount as difficult as possible? If so, don’t worry. You’re not alone. The truth is that dealing with insurance companies can be tough, but it doesn’t have to be impossible. With these helpful tips outlined in this article, you will learn how to win against your insurance company and save some extra money in the end! 

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3 Simple Ways to Banish Financial Stress

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Stress is a common part of everyday life. We experience it when we’re overwhelmed at work, when we’re dealing with common relationship issues, and even when we’re handling unexpected issues, like illnesses and injuries. However, one of the most common sources of stress is money. Whether you’re worrying about paying your bills, or you’re concerned your income isn’t enough to accommodate the needs of your family, financial stress can cause a lot of strain. 

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Union County Investment Advisor Admits Stealing Client Money to Fund Gambling Habit

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the staff of the Ridgewood blog

Elizabeth NJ, a former investment advisor who stole over $600,000 from his clients to fund his gambling and personal expenses has pleaded guilty, U.S. Attorney Philip R. Sellinger announced today.

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NJ Bureau of Securities Targets Three Sites Offering Engaged in “pig butchering” Crypto Scams

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the staff of the Ridgewood blog

Ridgewood NJ, Attorney General Matthew J. Platkin announced that the Bureau of Securities ordered three website operators involved in cyber scams to stop offering fraudulent cryptocurrency investments in violation of the New Jersey Securities Law. The Bureau urges New Jersey residents to beware of romance and cryptocurrency scams known as “pig butchering” — a common scheme where perpetrators essentially fatten victims up and then swindle them of all their funds.

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‘Get Woke, Go Broke’ Promoting Causes Doesn’t Help Business

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Brands have replaced purpose with pandering and consumers don’t like it

the staff of the Ridgewood blog

Ridgewood NJ, what matters most in business? Quality, say Americans, who don’t care much for companies promoting political causes.

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IRS Issues Tips to Protect Your Wallet, identity this Tax Season

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the staff of the Ridgewood blog

Ridgewood NJ, tax season kicks off January 23, and IRS Criminal Investigation (IRS-CI) reminds U.S. taxpayers to take extra steps to protect their identities and wallets when filing their taxes.

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Fugitive wanted for $100M New Jersey Hometown Deli Fraud Scheme Arrested in Thailand

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the staff of the Ridgewood blog

Paulsboro, NJ,  Hometown Deli is back in the news again with the arrest of  Peter Coker Jr., 54. Coker a fugitive charged over an alleged market manipulation scheme in which a small New Jersey deli mysteriously drew a $100 million valuation was arrested last week in Thailand . Coker had been on the lam since last September, when prosecutors slapped him, his father, Peter Coker Sr., 80, and associate James Patten, 63, with 12 federal charges.

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Survey Finds $11,534 is the 2023 savings goal for the average New Jerseyan

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$11,534 is the 2023 savings goal for the average New Jerseyan, finds survey.

  • This compares to a national average savings goal of $8,082.
  • Nebraskans aim to save the most ($16,093); North Dakotans the least ($1,565).
  • Infographic showing savings goals across America.

the staff of the Ridgewood blog

Ridgewood NJ, as the new year begins, it’s usually the time we start to think about what we want to do, or achieve, over the year ahead, and make some resolutions. Perhaps it’s to lose weight, quit smoking, or even save money – but if what we want is vague, it’s less likely to happen. Indeed, studies that fewer than 25% of people actually stay committed to their resolutions after just 30 days and only 8% accomplish them.

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