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    Larry Summers

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    • Meet OpenAI’s new board of directors as Sam Altman makes a comeback

      Former Salesforce co-CEO Bret Taylor will serve as the chair of the new board. Other members include Larry Summers, former Secretary of the Treasury, and Adam D'Angelo, co-founder and CEO of Quora

    • Larry Summers says world watching MDBs, last chance for them to make changes

      Speaking at a session organised by the Ministry of Finance's Department of Economic Affairs and the Confederation of Indian Industry in New Delhi, the former US Treasury Secretary also said India has the potential to grow at 8 percent per year until 2050

    • Top 5 voices on US Federal Reserve rate hikes and its impact

    • Larry Summers says recession probabilities rising, Fed nearing the end

    • Larry Summers sees more Fed rate hikes than markets expect

    • Joe Biden says US recession avoidable after call with Larry Summers

    • This may be the end of Reagan-Thatcher libertarian wave, says American economist Larry Summers

    • What level on the S&P is the 'Yellen put'?

    • What to make of the Fed minutes: El-Erian

    • Entrepreneur starts his version of Harvard, tuition-free

      The San Francisco-based Minerva Project, an ambitious effort to remake the higher education model, announced its tuition plan on Tuesday in hopes of attracting some of the world's most talented and academically competitive students for the class that will enroll in the fall of 2014.

    • Fed should continue QE tapering for 17 months: Wilbur Ross

      If the Fed reduces bond buying by USD 5 billion per month then over 17 months it would get them to zero net purchases, says Wilbur Ross. He feels appointment of Janet Yellen or Donald Kohn as Fed chairman would be stable influence on the market.

    • Australia's post-election cheer may prove short-lived

      Post-election cheer has seen Australian stocks rally 1.7 percent since the federal elections were called on September 9, while the Australian dollar has risen 1.6 percent.

    • Questions over Fed chief a bigger issue than taper

      Summers was expected to face a difficult, if not impossible confirmation process. Stocks rallied Monday, as traders assumed Fed Vice Chair Janet Yellen would now be named to replace Fed Chairman Ben Bernanke when he leaves at year end.

    • Yellen frontrunner for Fed chair after Summers withdraws

      If nominated and confirmed, Yellen would replace Federal Reserve Chairman Ben Bernanke, whose second term expires in January.

    • Global liquidity led to market rally not Rajan: Udayan

      This global liquidity phenomenon, which is playing out can lead to more aggressive pricing of emerging market assets and currencies in the days to come even if it is not fundamentally warranted, says Udayan Mukherjee of CNBC-TV18.

    • Opening Bell: Cues to know before Monday trade begins

      US markets ended the week near session highs ahead of the Federal Reserve's policy meeting starting tomorrow. European markets closed flat.

    • 'Summers the chosen one, but Fed safer in Yellen's hands'

      It is pretty obvious that the White House wants Larry Summers, White House staff former Robert Rubin disciples want him and the President wants to go with someone they are comfortable with, but Janet Yellen is more experienced, says M Cary Leahey, Senior Advisor, Decision Economics.

    • Larry Summers the next big risk for emerging markets?

      Analysts fear that if Larry Summers is appointed as the next US central bank chief, any scaling back in the central bank's asset-purchase programme will be ramped up by Summers and deal a further blow to the battered emerging markets (EMs).

    • Wall Street wants Yellen, not Summers, as next Fed chief

      Wall Street overwhelmingly believes President Obama will and should pick Janet Yellen to be the next chairman of the Federal Reserve, according to a survey.

    • Summers calls for new boost to US economy

      Former White House aide Larry Summers on Sunday urged expanded tax cuts on US workers' wages, warning that America's economy was at risk of years of Japan-style stagnation without a further boost.

    • Davos: World still has tough challenges ahead, say experts

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