Lawrence Summers, Harvard University, shares his thoughts on what is likely keeping interest rates low. » Read More
It's hard to see how the Greek banking system would survive to a switch to a new currency, former Clinton Treasury Secretary Larry Summers tells CNBC.
Pennsylvania is proposing to be the next government to use social impact bonds, a financial tool that has support and criticism.
If this week's vote on an Obama-backed bill fails, the White House still has several options for making its Pacific trade deal happen.
Failure to move forward on a trade deal spearheaded by the U.S. will raise questions about American presidential leadership, Larry Summers tells CNBC.
Former U.S. Treasury Secretary Larry Summers, says the trade agreement is not the strategy that protects the middle class.
Former U.S. Treasury Secretary Larry Summers, discusses the ramifications of Congress rejecting TPA.
Former U.S. Treasury Secretary Larry Summers, is critical of Congress shutting down the trade bill completely.
Politicians need to act decisively to revive the economy, says Dan Alpert of Westwood Capital.
Markets underestimate liquidity risks, which look more dangerous than Greece's debt situation, the Allianz economic advisor said.
Billionaire hedge fund manager Ray Dalio would like to discuss "secular stagnation" over a beer with Ben Bernanke and Larry Summers.
Former Treasury Secretary Henry Paulson is concerned about the potential for liquidity troubles in markets due to changes in the activities of Wall Street firms.
The former Treasury secretary said regulators should make a priority of addressing the problems of bond market liquidity, brought on by efforts to make institutions safer after the crisis.
While the Fed contemplates boosting rates, former Clinton Treasury Secretary Larry Summers tells CNBC policymakers should be more concerned about acting too early than too late.
The former Clinton treasury secretary agrees with JPMorgan boss Jamie Dimon on the possible unintended consequences of financial crisis-driven regulation.
The Asia Infrastructure Investment Bank is positioning itself as an Asia-centric alternative to the World Bank and International Monetary Fund.
Another former senior government official has signed up to be a paid advisor to a multibillion-dollar hedge fund firm.
The President of the Dallas Federal Reserve Bank said Thursday why the Fed should slowly raise rates.
The former director of the National Economic Council said Thursday why the Fed should hold off on raising rates.
It's a start, but Europe's bond-buying plan won't cure the Continent's deepening economic stagnation.
Prominent economic thinkers in Davos believe the U.S. economy is strong, but its ability to deal with the next crisis is in doubt.