Newsbreak 5 months ago in Around The World, Big Tech, crypto, dot-com bubble, dot-com crash, Federal Reserve, ftx, Harvard University, Inflation, Interest Rates, Larry Summers, Markets, MI Exclusive, Monetary Policy, Peloton, Pets.com, Recession, Regulation, Sam Bankman-Fried, Stocks, Tech stocks, Treasury, Unemployment 0 Category: Harvard University
The tech boom is officially over – and the FTX fiasco will spark a crypto crackdown, ex-Treasury chief Larry Summers...
Newsbreak 5 months ago in Around The World, Big Tech, crypto, dot-com bubble, dot-com crash, Federal Reserve, ftx, Harvard University, Inflation, Interest Rates, Larry Summers, Markets, MI Exclusive, Monetary Policy, Peloton, Pets.com, Recession, Regulation, Sam Bankman-Fried, Stocks, Tech stocks, Treasury, Unemployment 0 Larry Summers. REUTERS/Carlo Allegri The tech boom is over, due to the pandemic receding and rates of interest rising, Larry Summers mentioned. The ex-Treasury chief predicted the FTX fiasco will result in higher crypto regulation. Summers is not fearful about one other monetary disaster as banks and authorities are ready. The tech boom is officially over, the FTX fiasco will spur a crypto crackdown, and…
The Fed may need to hike interest rates above 6% to crush stubborn inflation, ex-Treasury chief Larry Summers says
Larry Summers. REUTERS/Ruben Sprich The Fed may have to hike interest rates above 6% to curb stubborn inflation, Larry Summers mentioned. The US financial system appears to be shrugging off the speed will increase to date, the previous Treasury chief mentioned. Summers warned that rising inflation expectations could lead on to extra, intractable worth will increase. Unrelenting inflation might pressure the Federal Reserve to hike…
Supreme Court’s conservative majority seems open to eliminating affirmative action in university admissions course of: ‘Why do you have these...
Newsbreak 5 months ago in Admissions, Affirmative Action, Around The World, Harvard University, Justices, News, Politics, Race, Supreme Court, University of North Carolina 0 Harvard college students Shruthi Kumar, left, and Muskaan Arshad, be a part of a rally with different activists because the Supreme Court hears oral arguments on a pair of instances that would determine the way forward for affirmative action in faculty admissions on Monday, Oct. 31, 2022. AP Photo/J. Scott Applewhite The Supreme Court heard two high-profile challenges to race-conscious university admissions processes. The court…