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Lawrence Summers Calls For SEC Investigation Into Unprecedented VIX Movement
Saturday, August 10, 2024 - 1:30pm | 500Read More...Former Treasury Secretary Lawrence Summers has urged the Securities and Exchange Commission (SEC) to conduct an investigation into the historic surge in the Cboe Volatility Index (VIX) that occurred on Monday. What Happened: Summers speculated that the unusual VIX movement could be due to the...
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Jim Cramer Says Don't Doubt Fed Chair Powell's Assurance Of No Rate Hike, 'He's Been Consistent The Whole Time'
Thursday, May 2, 2024 - 12:28am | 661Read More...Jim Cramer, the host of CNBC’s “Mad Money,” has advised investors to trust Federal Reserve Chair Jerome Powell‘s recent statement that a rate hike is unlikely, despite ongoing inflation concerns. What Happened: Cramer urged investors to take Powell’s word seriously...
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Larry Summers Calls SCOTUS Affirmative Action Ruling An 'Earthquake,' Opines On What Should Be Central To College Admission
Sunday, July 2, 2023 - 1:49pm | 360Read More...The Supreme Court's decision to disallow affirmative action in college admissions is unfortunate, but not surprising, said former Treasury Secretary Larry Summers. What Happened: It is an irony that the court, which regards itself as conservative, has taken a stance, upsetting “long-standing...
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Poll: Most Voters Believe Price Increase Related To Temporary Bottlenecks, Not Government Spending
Friday, July 2, 2021 - 11:01am | 219Read More...Due to the fiscal policies of the Biden Administration to pump money into the economy quickly, both wages and productivity have been rising, according to Larry Summers, former Secretary of the Treasury for President Bill Clinton and Director of the National Economic Council for President...
