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The Latest Breaking News from Larry Summers

Sam Altman returns as OpenAI CEO days after shock exit amid board shake-up

Sam Altman has returned as CEO of OpenAI alongside former president Greg Brockman and a host of new directors in the latest twist in the tech firm's dramatic boardroom saga.

Evening Standard · Nov 22, 2023

Sam Altman to return as CEO of OpenAI

New board announces ‘agreement in principle’ for return of former CEO after campaign by staff and investors

The Guardian - UK · Nov 22, 2023

Israel’s war against Hamas roils Harvard as students, billionaires, and faculty accuse each other of anti-Semitism and McCarthyism

An Israeli billionaire resigned from the board of Harvard’s Kennedy School of Government after a student group’s letter “held the Israeli regime” accountable for the recent terrorist attacks.

Fortune · Oct 13, 2023

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Billionaire Apollo CEO calls on University of Pennsylvania donors to send just $1 in protest until two leaders resign

Billionaire Marc Rowan, CEO of Apollo Global Management, has called for a change of management at the University of Pennsylvania.

Fortune · Oct 12, 2023

Bill Ackman wants Harvard to name the students blaming Israel for the Hamas attacks so that he and other CEOs don't hire them by accident

Billionaire investor Bill Ackman, founder of Pershing Square Capital Management, wants Harvard University to name the students which signed a controversial statement on the Israel conflict.

Fortune · Oct 11, 2023

Biden heads to battleground Wisconsin to talk about the economy a week before GOP debate

President Joe Biden is stopping in the battleground state of Wisconsin to discuss how policies he calls “Bidenomics” are boosting the economy

The Independent UK · Aug 15, 2023

‘Erosion of governance’ led Fitch to downgrade US credit rating

Trump’s efforts to overturn election and political polarization led agency to decision, says senior director

The Guardian - US · Aug 2, 2023

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Fitch Downgrades US’ Long-Term Rating From “AAA” To “AA+” ‌

Former treasury secretary Larry Summers says downgrade when economy is looking stronger than expected is “bizarre and inept”.

Zenger · Aug 2, 2023

Bidenomics’ critics are being proven wrong. Happy days are here again

How has the U.S. economy proven so resilient? Partly due to Bidenomics, write Yale's Sonnenfeld and Tian.

Fortune · Jul 28, 2023

Larry Summers slams ‘Bidenomics’ strategy as ‘increasingly dangerous’

The former White House economist said aspects of “Bidenomics” were mistakenly being regarded as “a route to higher incomes.”

Fortune · Jul 27, 2023

Larry Summers ‘disappointed’ in FTC’s new merger guidelines. It’s not the first time he’s disagreed with the Biden admin

The former Treasury secretary has a track record of criticizing the Biden administration’s economic policies.

Fortune · Jul 21, 2023

Australia is on the brink of ending interest rate hikes and an economic first – beating inflation without a recession

What if Reserve Bank Governor Philip Lowe and his successor Michele Bullock were able to achieve something truly remarkable – a steady decline in inflation without further interest rate increases, and without bringing on a recession.

The Conversation · Jul 18, 2023

Larry Summers Calls For Overhauling University Admissions To Prioritize Opportunity Over Diversity

Former Treasury Secretary recommends eliminating legacy admissions, expanding transfer student intake

Zenger · Jul 17, 2023

Larry Summers Sees Need For More Tightening Despite Soft June Jobs Data

Former Treasury Secretary warns of inflation risk and suggests further interest rate hikes.

Zenger · Jul 11, 2023

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Daily Mirror · Jul 9, 2023

Jeffrey Epstein 'planned to hire Prince Andrew to be an adviser for new consultancy'

Emails sent between paedophile Jeffrey Epstein and his private banker claimed to show they discussed hiring Prince Andrew as a "star advisor" for a new consultancy firm

The Guardian - US · Jul 9, 2023

No Trade Is Free review: Trump’s man plots an unusually civil course

Robert Lighthizer, once US trade representative, is a rare aide of little interest to investigators. His readable book shows why

Axios · Jun 29, 2023

CBO data shows why deficits should matter again

There was a widening bipartisan sense that fiscal deficits don't really matter. Now, they do again.

Zenger · Jun 8, 2023

Larry Summers Urges Tax Hike On Top 1% As He Sees Economy Languishing In ‘New And Dangerous Territory’

Former Treasury Secretary Larry Summers took to Twitter on Tuesday to express his worst fears concerning the economy

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Fortune · Jun 5, 2023

Larry Summers says that the Fed should consider doubling down on interest rates in July if it pauses in June because the risk of 'overheating the economy'

Suggestion comes as other economists push for an end to increases.

The National (Scotland) · Jun 2, 2023

Politicians 'reluctant to tell truth about mess UK is in', former Tory chair says

A FORMER chair of the Tory Party was applauded on Question Time after saying that politicians were not telling people the truth: 'We’re in one…

The Independent UK · Jun 1, 2023

Brexit was ‘historic economic error’, says ex-US Treasury chief

UK’s exit from EU helped fuel inflation crisis, says top US economist Larry Summers

The National (Scotland) · Jun 1, 2023

Eminent US economist delivers damning verdict on Brexit and UK inflation

BREXIT has worsened inflation in the UK and will be remembered as a “historic” economic mistake, an esteemed US economist has said ...

The Guardian - UK · Jun 1, 2023

UK factories blame 16th month in a row of falling exports on Brexit barriers

Companies report trading with Europe is now more difficult as Larry Summers says exit from EU ‘contributed to higher inflation’

Zenger · May 31, 2023

Former Treasury Secretary Summers Criticizes IRS Provisions In Debt Ceiling Agreement

Summers opposes IRS funding cuts in debt ceiling deal, warns of future deficits and tax cheats' advantage.

Fortune · May 31, 2023

Jamie Dimon says the Fed should pause rate hikes, but also warns it’s a new era for the economy

Even as the Fed brightens on inflation, Dimon says to brace for more “volatility” ahead.

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