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Insurance industry warned of fire risk month before tower block blaze: Financial Times

(Reuters) - The insurance industry warned the British government of the dangers of flammable cladding on buildings a month before the Grenfell Tower fire killed at least 79 people, the Financial Times reported.

Bank on it: Biggest U.S. lenders pass Fed's stress tests

13 hours agoNews : USAToday: News

For the third time in as many years, all 34 of the country's biggest banks met the minimum capital standards in annual Federal Reserve stress tests designed to safeguard the U.S. from another financial crisis. Video provided by TheStreet        

Renewal of the race / nation

Jamil Anderlini in the Financial Times (6/21/17), “The dark side of China’s national renewal“, writes: To an English-speaking ear, rejuvenation has positive connotations and all nations have the right to rejuvenate themselves through peaceful efforts. But the official translation of this crucial slogan is deeply misleading. In Chinese it is “Zhonghua minzu weida fuxing” and […]

Doug Noland: Washington Finance and Bubble Illusion

June 18 – Financial Times (Mohamed El-Erian): “In hiking rates and, more notably, reaffirming its forward policy guidance and setting out plans for the phased contraction of its balance sheet, the Federal Reserve signalled last week that it has become less data dependent and more emboldened to normalise monetary policy. Show More Summary

Pete the Planner: Best investments work now and 15 years from now

A good financial product takes care of business now, but the benefit of it increases over time.        

Google DeepMind is giving the NHS free access to its patient monitoring app (GOOG)

The financial terms of Google DeepMind's partnership with the Royal Free London NHS Foundation have been disclosed for the first time. Google's artificial intelligence lab DeepMind is currently allowing the Royal Free to use its patient...Show More Summary

Sears' financial troubles extend beyond U.S.

Shopping mall stalwart Sears faces more hard times. Nathan Rousseau Smith (@fantasticmrnate) has the story.        

6 Life Lessons I Learned From Ballet

2 days agoHealth / Fitness : FitSugar

I always wanted to dance. Growing up, I wished to be enrolled in ballet but at the time, my parents couldn't afford to send me. My older sisters had gone before me but financial fortune was not on my side. Once I hit high school and my parents could afford it, I started classes right away. Show More Summary

What all those cups of coffee, or that new car, really cost

The cost of a cup of coffee or other small outlays can exert a tremendous financial drain over time.        

Food Prices 10-fold in Venezuela. Are We Safe? Lock in Mountain House Sale Prices for 30 Years

BECAUSE AN EMERGENCY DOES NOT GIVE A TIME OUT STAY SAFE, STAY PREPARED! Be it a financial collapse, a natural disaster, or a human error, let not your family run out of food. Mountain house is the gold standard in storage food. Independent tests have proven they are best in this category. Show More Summary

Peer-to-Peer Lending 101

Peer-to-peer lending has come on strong since the financial meltdown – not by coincidence. That was about the time that banks decided they weren’t going to lend to anybody. That opened up an opportunity for the free market to find another way for people to borrow money. Show More Summary

5 Times Buying a Home With Cash Is Bad for Your Budget

Buying a home with cash is usually considered a smart financial move, if you can swing it. That's because taking out a mortgage loan to finance your home requires you to pay a ton of interest, even in today's low-interest rate environment. With cash, you don't have to worry about interest at...

Robin Griffiths on 1987-Style US Market Crash and Why He Likes India

By FS Staff – While each week seems to bring with it a new market record, some complacency might be settling in. This time in Financial Sense, we spoke with Robin Griffiths, chief technical strategist at the ECU Group, about his previously bullish...

How Donald Trump distracts from his radical agenda one tweet at a time

Trump is attacking environmental, health and financial regulations like never before, but the chaos he breeds with his Twitter account has hijacked the news cycle The post How Donald Trump distracts from his radical agenda one tweet at a time appeared first on

This is my last story about Travis Kalanick

This is my last story about Uber CEO Travis Kalanick. If you are a long time Pando reader-- since, say, 2012-- you know why that is a momentous statement for everyone here who has struggled to keep going emotionally and financially amid...Show More Summary

Volvo is taking on Tesla with new high-performance electric cars

Volvo is promising a "portfolio" of electric vehicles in a high-performance race with Tesla, Financial Times reports.

Johnny Depp lived from giant paycheck to giant paycheck, apparently

It's perhaps been apparent for some time that Johnny Depp, Hollywood's fifth-highest paid actor, has had financial difficulties. Now, thanks to e-mails released by the former managers Depp is now suing, we get to learn more details—and how it's possible that a $20 million paycheck just can't pay the bills. Read more... Permalink | Email this | Linking Blogs | Comments

Lyft has gained 7 points of market share since Uber scandals began

Ride-hailing company Uber is reeling from crises as rival Lyft posts gains, Financial Times reports.

Four steps we’re taking today to fight terrorism online

Editor’s Note: This post appeared as an op-ed in the Financial Times earlier today. Terrorism is an attack on open societies, and addressing the threat posed by violence and hate is a critical challenge for us all. Google and YouTube are committed to being part of the solution. Show More Summary

Books of The Times: In ‘The Retreat of Western Liberalism,’ How Democracy Is Defeating Itself

The Financial Times columnist Edward Luce finds that Trumpism and other nationalist movements are symptoms, not causes, of larger trends threatening democratic collapse.

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