from William K. Black, New Economic Perspectives
Bank Whistleblowers United (BWU) makes its non-coveted Lemon award to the United Kingdom (UK) for actions harming whistleblowers and the world. BWU's three principals are highly experienced financial experts with combined practical and academic experience of over 120 years. We are each unemployable in finance because we warned internally at are places of work and then externally about grave misconduct by the most senior financial and regulatory leaders that would (and did) produce terrible losses.
Econintersect: Every day our editors collect the most interesting things they find from around the internet and present a summary 'reading list' which will include very brief summaries (and sometimes longer ones) of why each item has gotten our attention. Suggestions from readers for 'reading list' items are gratefully reviewed, although sometimes space limits the number included.
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from The Conversation
-- this post authored by Billie Jeanne Brownlee, University of Exeter
For Syrian refugees in Lebanon marking the Muslim holy month of Ramadan, it has been a struggle to find enough food to break their fast each evening after sunset. This is not what Ramadan and Eid al-Fitr, the festival at its end, should be about. It is a chance to give Muslims a spiritual boost, by reading the Holy Quran, avoiding malicious behaviour and contributing to charity work and donations for the less fortunate.
Infographic Of The Day: New Word Of The Day - Electropolishing
Electropolishing is one of those things that most of us have no idea exists, and yet is all around us.
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Written by Sig Silber
It is three weeks out, but the models are suggesting that the 8 - 14 Day Period will create the conditions for the Southwest Monsoon to commence the following week but a bit displaced initially to the east. This week may see some relief from the heat which will return the following week but this time impacting the Northern Plains and points east.
27Jun2017 Market Close: Wall Street Closes Sharply Down, DOW Off 99 Points, Nasdaq Off 1.6 Percent, Crude Rises Almost 2 Percent, Senate Delays Health-bill Vote
Written by Gene D. Balas
I need not even mention that policymakers are frustrated, puzzled even, why inflation has not risen to the Federal Reserve's 2% target despite almost rock-bottom interest rates, low unemployment, and steady (although perhaps not robust) economic growth. I explored this conundrum in a recent column; in this follow-on piece, we'll examine why companies' pricing power faces constraints.
Written by Gary
US stock markets closed lower (SPY -0.8%) as big tech names weighed (Nasdaq sinks 1.6%) and losses steepened after a healthcare bill was delayed in the U.S. Senate. Crude prices rose nearly 2 percent and wishful thinking Yellen said there will not be another financial crisis in her life-time.
27Jun2017 Pre-Market Commentary: Wall Street To Open Flat, Investors Are Watching Carefully Yellen's
26Jun2017 Market Close: Wall Street Closed Near Opening, Well Off Morning Highs, DOW Up 15 Points, D
Early Headlines: GOP Healthcare Waivering, UK's Great Brexit Divide, Hopes Of Defeating Merkel Fade,
Written by Jill Mislinski
The latest Conference Board Consumer Confidence Index was released this morning based on data collected through June 15. The headline number of 118.9 was an increase from the final reading of 117.6 for May, a downward revision from 117.9. Today's number was above the Investing.com consensus of 116.0.