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The Latest Breaking News from Lawrence Summers

The fallout of Epstein's crimes span the globe. Here's a look at some of those paying the cost

The fallout from Jeffrey Epstein’s transgressions spans oceans and continents, from the vulnerable girls he exploited to the elite people and institutions that chose to get involved, cover it up — or look away

The Independent UK

In the most predictable twist ever, Trump threatens to revoke a major network’s license over Epstein coverage

The tough guy mask is slipping.

We Got This Covered

New York Times cuts ties with Larry Summers over Epstein emails

Publication said it will not renew former treasury secretary’s contract in latest fallout after release of emails

The Guardian - US

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Elizabeth Warren Says Trump Is Giving $20 Billion To Argentina While Americans Can't Afford Groceries: Calls Out Bailout For 'Wall Street Hedge Funds'

Sen. Elizabeth Warren (D-Mass.) criticized President Donald Trump’s decision to allocate $20 billion in taxpayer funds to Argentina, a move that comes at a time when Americans are still struggling at home.

Benzinga

Trump's Plans To Scrap Quarterly Earnings 'A Bad Idea,' Says Larry Summers: 'Accountability' Has Been Key To Success Of American Markets

Former Treasury Secretary Lawrence Summers has criticized the idea of eliminating quarterly earnings reports, a policy proposal floated by President Donald Trump in a Truth Social post last week.

Benzinga

Trump Tariffs Fueling Inflation, Warn Economists As 72% Of CPI Components Surge Past Fed's Target: 'Inflation Risks Are Rising'

Inflationary pressures continue to mount, reemerging as the top concern among economists and market watchers, who place the blame squarely on President Donald Trump’s trade and tariff policies.

Benzinga

Trump's Tariffs Leading US To The 'Foothills of Stagflation,' Warns Larry Summers: 'Confidence Has More Room To Decline'

Former Treasury Secretary Lawrence Summers cautioned that the United States may be heading into a period of stagflation led by President Donald Trump’s trade and tariff policies, citing the lingering effects of tariffs and rising risks for both unemployment and inflation.

Benzinga

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Stock Market Today: Nasdaq 100 Futures Slip— Palo Alto, XP, Allarity Earnings In Focus (UPDATED)

Editor’s Note: The future prices of benchmark tracking ETFs were updated in the story

Benzinga

Larry Summers Warns Scott Bessent: 'Unless We See A Recession,' You Shouldn't Be Prescribing A 175 Basis Point Cut In Interest Rates

Former Treasury Secretary Lawrence Summers criticized the current U.S. Treasury Secretary Scott Bessent for weighing too directly on the direction of interest rates, something he believes could blur the lines between fiscal and monetary polices.

Benzinga

Trump Ousted Billy Long As IRS Chief Amid Clashes With Treasury, Off-Script Gaffes And Creating 'An Impossible Situation'

President Donald Trump ousted Internal Revenue Service Chief Billy Long last week, only eight weeks into his tenure, continuing the rapid turnover in top leadership at the agency, which has already seen seven changes in less than 12 months.

Benzinga

Economists Warn US Close To 'Stall Speed' And Could 'Tip Over Into Recession' On Disappointing Jobs Report

The July Jobs report by the Bureau of Labor Statistics, released on Friday, is raising concerns among economists, who warn that the latest data and sharp downward revisions point to a labor market that is losing momentum and potentially edging toward a recession.

Benzinga

Options Corner: Oscar Health Bulls Bet On A Political Wild Card

While President Donald Trump and his supporters have been basking in the glow of major political victories, the administration's "One Big, Beautiful Bill" carries with it a potential landmine. As Sen. Elizabeth Warren (D-Mass.) and former Treasury Secretary Lawrence Summers have warned, the new law could have significant consequences for…

Benzinga

Elizabeth Warren Says GOP Chose Trump Over American People, Slams 'Big Beautiful Bill' For Potentially Ushering Health Care Cuts, Price Hikes

Sen. Elizabeth Warren (D-Mass.) and former Treasury Secretary Lawrence Summers are voicing their concerns on the provisions of the recently passed “One Big, Beautiful Bill,” warning of significant consequences for working American families.

Benzinga

America Has No Will To Help Its Middle Class, Says Economist Richard Baldwin: So Politicians 'Find A Convenient Scapegoat — Globalization'

The United States’ growing turn toward protectionism isn't just about trade deficits or manufacturing jobs – instead, it's about political avoidance, says economist Richard Baldwin.

Benzinga

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news in one place.

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Benzinga

Larry Summers Says Markets 'Have a Life of Their Own' As Iran Conflict Fails to Shake Investors: Events Are 'Less Important Than Trends'

Former U.S. Treasury Secretary Lawrence Summers believes markets are far less reactive to geopolitical conflict than many expect, citing the recent example of flaring tensions in Iran.

The Independent UK

Harvard wins relief as judge halts Trump’s fresh bid to ban foreign students

Harvard spokesperson calls president’s order ‘yet another illegal retaliatory step’

International Business Times

Trump Labels Harvard 'A Disgrace,' Escalates Funding Freeze in Clash Over Ideology

President Donald Trump called Harvard University "a disgrace" and froze $2.2 billion in federal funding, accusing the Ivy League giant of antisemitism and rejecting demands to dismantle DEI programs and reform admissions.

Salon

Telling us to "save more" isn't working

Without a drastic reimagining of our systems, we face a poverty crisis

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The Guardian - US

Two leaders of Harvard’s Middle Eastern studies center to step down

Departures of Cemal Kafadar and Rosie Bsheer are seen by critics as ‘shameful attempt’ by school to appease Trump

The Guardian - UK

Fury in Mexico over Trump’s ‘slanderous’ claim of cartel links

President Sheinbaum and many other politicians condemn accusation, which follows imposition of US tariffs

Al Jazeera

How have Canada, China and Mexico responded to Trump’s tariffs?

The US president’s new tariffs prompt retaliation and spark concerns over global trade disruptions and inflation.

The Guardian - UK

Trump tariffs: markets brace for falls as Mexico and Canada hit back

Fears grow for global trade, with major indices likely to plunge as US trading partners quickly retaliate, raising chance China and EU will follow suit

Reason

How Inflation Breaks Our Brains

From salt riots to toilet paper runs, history shows that rising prices make consumers—and voters—grumpy and irrational.

The Guardian - UK

ECB leaves eurozone interest rates on hold but hints at cut this summer – as it happened

European Central Bank says rate cuts would be appropriate if inflation keeps falling, as BoE policymaker Megan Greene argues UK rate cuts are a way off

Caixin Global

Birthrates have dwindled after decades of strict family planning and the emergence of a highly competitive and expensive environment for raising kids

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