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Ridgewood NJ, the Consumer Price Index for All Urban Consumers (CPI-U) increased 1.2 percent in March on a seasonally adjusted basis after rising 0.8 percent in February,
the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 8.5 percent before seasonal adjustment.
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Ridgewood NJ, as previously reported on the Ridgewood blog ,the Consumer Price Index surged 7.9% in February . Prices are going up on everything from the food you put on the table to the gas that powers your car.
Continue reading CNBC Poll : 81% of Respondents Believe a Recession is Likely to Happen this Year
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Ridgewood NJ, since early 2021, the Great Resignation has and continues to cause havoc in the employment world. Leaders world-wide are grappling with understanding what’s fueling it, and why millions of workers are making a mass exodus. Research suggests that people are rethinking their careers, their long-lasting job dissatisfaction, preferring the flexibility that remote work allows and desiring a better work-life balance. More than ever, employers need to think smart and ensure that their work environment appeals to the post-Covid generation of workers. Additionally, business leaders need to recognize some of the fundamental leadership failures that drive good employees away.
Continue reading The Great Resignation & the Leadership Failures that Drive Good Employees Away
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Ridgewood NJ, inflation is now at 7.9% – a 40-year high, according to government figures. Clearly the categories of gas, food, and housing, it’s considerably higher.
Continue reading Data Suggests Inflation Pressures Are Sending Recessionary Signals
Unlike Kickstarter, you are not buying a product or donating to an artist. Instead, you are investing in a businesswith the hope of earning a return on your investment.
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Paulsboro NJ, the $100 million Deli is back in the spotlight again , Hometown International (HWIN) , the publicly traded company with a market capitalization of more than $100 million despite owning just one small New Jersey deli in Paulsboro has announced plans to merge with Makamer, a private bioplastics start-up firm.
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Jersey City NJ, Acting Attorney General Matthew J. Platkin today announced that the New Jersey Bureau of Securities has issued a Summary Cease and Desist Order to stop a Jersey City-based financial services company from selling unregistered securities in the form of interest-earning cryptocurrency accounts that have raised at least $5 billion nationwide.
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Newark NJ, a Nevada man and former CPA admitted his role in laundering funds solicited for BitClub Network, a $722 million fraudulent cryptocurrency scheme, U.S. Attorney Philip R. Sellinger announced.
You can diversify your portfolio by investing in bonds, stocks, or mutual funds, as these tend to have higher returns rates and less risk. But what of precious metals? Are they worth investing in? And if so, where do you start? Stay tuned!
Continue reading Useful Tips for Individuals Who Consider Precious Metal Investments
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Ridgewood NJ, the climate crazies are pushing for even higher energy prices , the three Democrats on the SEC – led by Chairman Gary Gensler – voted yesterday to start a 60 day comment period on a proposed rule (“The Enhancement and Standardization of Climate-Related Disclosures for Investors”) to force all publicly traded companies to disclose their greenhouse gas emissions. Including “indirect emissions.”
Washington DC, Federal Reserve issues FOMC statement :
“Indicators of economic activity and employment have continued to strengthen. Job gains have been strong in recent months, and the unemployment rate has declined substantially. Inflation remains elevated, reflecting supply and demand imbalances related to the pandemic, higher energy prices, and broader price pressures.”
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Elizabeth NJ , Acting Attorney General Matthew J. Platkin and the Division of Consumer Affairs today announced that the New Jersey Bureau of Securities has revoked the registration of a former Wells Fargo agent and investment adviser representative for violating New Jersey’s securities laws. The Bureau found that Mario E. Rivero, Jr. made misrepresentations to at least four of his senior Wells Fargo customers to convince them to turn over at least $529,780 in cashier’s checks, over which he ultimately gained control for personal uses.
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Washington DC, the Producer Price Index for final demand increased 0.8 percent in February, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. This rise followed advances of 1.2 percent in January and 0.4 percent in December 2021. On an unadjusted basis, final demand prices moved up 10.0 percent for the 12 months ended in February.
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Continue reading Cryptocurrency Schemes on the Rise in New Jersey
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Roseland NJ, Many New Jersey residents want to help besieged Ukrainians amidst Russia’s invasion by contributing to charities, but the New Jersey Society of CPAs (NJCPA) is warning that scammers also want to help — they want to help themselves to donors’ money.
