Category: Personal Finance

Posted on by — Leave a comment

Financial Planning Competition Awards Three NJ Students Financial Scholarships

unnamed 11

the staff of the Ridgewood blog

Dunellen NJ,  the Financial Planning Association of New Jersey (FPA of New Jersey), the leading membership organization for CERTIFIED FINANCIAL PLANNERTM professionals in the State of New Jersey, is pleased to recognize three college students for their performance in the 2nd Annual Cheddar Bowl, a competition designed to showcase the financial planning understanding of students in financial planning programs in several New Jersey colleges and universities.

Continue reading Financial Planning Competition Awards Three NJ Students Financial Scholarships

Posted on by — 2 Comments

Fed Chair Jerome Powell Admits It’s Time to Retire Phrase “Transitory Inflation”

unnamed 3

the staff of the Ridgewood blog

Ridgewood NJ, Federal Reserve chairman Jerome Powell has put his tail between in legs and admitted at a Senate hearing the other day that inflation isn’t “transitory.” With inflation now at 6% Powell acknowledged: “I think it’s probably a good time to retire that word and try to explain more clearly what we mean.”

Continue reading Fed Chair Jerome Powell Admits It’s Time to Retire Phrase “Transitory Inflation”

Posted on by — Leave a comment

New Jersey-based Biopharmaceutical Executives Arrested for Insider Trading

external content.duckduckgo 58

the staff of the Ridgewood blog

Newark NJ, the former chief financial officer and the former head of corporate communications for a biopharmaceutical company were arrested for their roles in an insider trading scheme, Acting U.S. Attorney Rachael A. Honig announced today.

Continue reading New Jersey-based Biopharmaceutical Executives Arrested for Insider Trading

Posted on by — 6 Comments

How To Grow Your Retirement Savings Safely

money 1885540 640

Retirement is a time for enjoying life. You can take trips that you always wanted to take or stay home with the kids after school is out. However, this is only possible if you have retirement savings. Many people don’t know exactly how their retirement savings are growing until it’s too late. Don’t wait till it’s too late. Here are safe ways to grow your retirement savings. 

Continue reading How To Grow Your Retirement Savings Safely

Posted on by — 1 Comment

“Homeless Man Gives His Last $20” GoFundMe Scam Mastermind Admits Role in Conspiracy to Defraud Internet Donors

gofund me scam3

the staff of the Ridgewood blog

Bordentown NJ, a Burlington County, New Jersey, man today admitted his role in a GoFundMe scheme that collected money from donors on the internet, purportedly to benefit a homeless man, Acting U.S. Attorney Rachael A. Honig announced.

Continue reading “Homeless Man Gives His Last $20” GoFundMe Scam Mastermind Admits Role in Conspiracy to Defraud Internet Donors

Posted on by — Leave a comment

SGX: Asia’s Leading Multi-Asset Exchange

mercado de capitais 1 jpg

Singapore Exchange (SGX) is one of Asia’s trusted securities and derivatives market infrastructure. They trade equity, fixed income, currency and commodity markets under the highest regulatory standards.

Continue reading SGX: Asia’s Leading Multi-Asset Exchange

Posted on by — 4 Comments

Clinton and Obama Economist Larry Summers, says the Biden White House has been “behind the curve” on Inflation

external content.duckduckgo 33

the staff of the Ridgewood blog

Ridgewood NJ, after Wednesday’s  inflation news (6.2% increase over last year) former Clinton and  Obama economist Larry Summers, took to CNN to say the Biden White House has been “behind the curve” at every point on prices:
Continue reading Clinton and Obama Economist Larry Summers, says the Biden White House has been “behind the curve” on Inflation

Posted on by — Leave a comment

Consumer Spending Update: Economic Confidence Remains Low in November

external content.duckduckgo 21

the staff of the Ridgewood blog

Ridgewood NJ, Economic confidence rose to 96.9 in this month’s Rasmussen Reports Economic Index, less than one point higher than October, which was the lowest index level since May 2020.

Continue reading Consumer Spending Update: Economic Confidence Remains Low in November

Posted on by — 5 Comments

Producer Price Index Fans Inflation Fears Increasing at and Annualized Rate of 6.2%

external content.duckduckgo 21

the staff of the Ridgewood blog

Ridgewood NJ, the Producer Price Index (PPI) for final demand increased 0.6 percent in October, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices moved up 0.5 percent in September and 0.7 percent in August. (See table A.) On an unadjusted basis, the final demand index rose 8.6 percent for the 12 months ended in October.

Continue reading Producer Price Index Fans Inflation Fears Increasing at and Annualized Rate of 6.2%

Posted on by — Leave a comment

Robinhood Reports Hacker Breach Accessed to Data for 7 million Customers

external content.duckduckgo 1

the staff of the Ridgewood blog

Ridgewood NJ, Personal data for more than 7 million Robinhood customers was accessed during a data breach on November 3. The attacker attempted to extort the company after the attack was contained. No social security, bank account, or debit card numbers appear to have been exposed and the affected customers didn’t lose any funds in the incident. The attacker obtained a list of emails for around 5 million people. Around 310 people had additional personal information exposed, and about 10 customers had more extensive account details revealed. The company is in the process of notifying those who have been affected.

Posted on by — 1 Comment

Total nonfarm payroll employment rose by 531,000 in October, and the unemployment rate edged down by 0.2 percentage point to 4.6 percent

external content.duckduckgo 13

the staff of the Ridgewood blog

Washington NJ, total nonfarm payroll employment rose by 531,000 in October, and the unemployment rate edged down by 0.2 percentage point to 4.6 percent, the U.S. Bureau of Labor Statistics
reported today. Job growth was widespread, with notable job gains in leisure and hospitality, in professional and business services, in manufacturing, and in
transportation and warehousing. Employment in public education declined over the month.

Continue reading Total nonfarm payroll employment rose by 531,000 in October, and the unemployment rate edged down by 0.2 percentage point to 4.6 percent

Posted on by — Leave a comment

“Crypto-Mania” : Cryptocurrency Investors Expect Big Gains

easter-flowers-tulips

Tulip mania

the staff of the Ridgewood blog

Ridgewood NJ, the market for cryptocurrencies like Bitcoin is soaring, and the chance to get rich is the main selling point for investors.

Continue reading “Crypto-Mania” : Cryptocurrency Investors Expect Big Gains

Posted on by — Leave a comment

A Guide to Trading: How to Navigate Through the World of Investments

external content.duckduckgo 48

In the past couple of years, due to the fame of cryptocurrency, the world is witnessing a significant increase in the world of trading. The concept of basic trading resides around the idea of exchanging goods with a specific currency.

To further understand how you can survive in today’s fierce trading market, you need to have a deeper look at the following guide.

Continue reading A Guide to Trading: How to Navigate Through the World of Investments

Posted on by — Leave a comment

Better Late Than Never : Fed to Start “Tapering” Bond Purchases this Month

Fed Chairman Jerome Powell2

the staff of the Ridgewood blog

Washington DC,  the Federal Reserve is committed to using its full range of tools to support the U.S. economy in this challenging time, thereby promoting its maximum employment and price stability goals.

Continue reading Better Late Than Never : Fed to Start “Tapering” Bond Purchases this Month

Posted on by — Leave a comment

New York Man Admits Defrauding 70 Investors of More Than $3.5 Million through Securities Offering Scheme

external content.duckduckgo 58

the staff of the Ridgewood blog

Trenton NJ, a New York man today admitted perpetrating a scheme to defraud more than 70 investors through a long-running securities offering fraud that raised more than $4 million and caused investor losses of more than $3.5 million, Acting U.S. Attorney Rachael A. Honig announced.

Continue reading New York Man Admits Defrauding 70 Investors of More Than $3.5 Million through Securities Offering Scheme