Bitcoin (BTC) is on track to hit a massive $2 million within six years, asset management guru Lawrence “Larry” Lepard believes. In his latest appearance on the Quoth the Raven podcast on Oct. 16, Lepa...
Tag: Larry
U.K. could trigger a global crisis as pound collapses while bond yields soar, Larry Summers says
““A currency crisis in a reserve currency could well have global consequences. I am surprised that we have heard nothing from the IMF.”” — Larry Summers, former U.S. Treasury secretary Former U.S. Tre...
Larry Summers called it again on the collapse of the British pound. Here’s how much worse it could get, analysts say
Britain’s currency is in trouble—and things could still get a lot worse for sterling, experts warn. The British pound crashed to an all-time low below $1.05 during early trade on Monday, before recoup...
Harvard economist Larry Summers says the Fed should keep hiking rates
The Federal Reserve has been intensely criticized this year for failing to do enough to rein in inflation. Last week, the Bureau of Labor Statistics revealed that prices rose again in August followi...
Fed chief Powell ‘did what he needed to do’ in Jackson Hole, Larry Summers says
“ ‘The Fed is positioned as well as it can be — given the credibility losses and mistakes that there have been — with these remarks to manage things going forward.’ ” — Larry Summers Former U.S. Treas...
Top economist Larry Summers recommends a way for Biden to forgive trillions in student debt—and it echoes what Sen. Elizabeth Warren says
A day after criticizing any effort by the Biden Administration to forgive student loan debt, former Treasury Secretary Larry Summers has offered an alternative. “I think the best way to relieve studen...
Larry Summers Opposes Full Student-Loan Forgiveness
President Joe Biden will likely announce soon the fate of student debt, as the current pause in federal student-loan payments is set to expire Sept. 1. About 45 million people owe approximately $1.7 t...
Larry Summers is ‘appalled’ by the private equity carve outs in the Inflation Reduction Act
Former Treasury Secretary Larry Summers initially supported the major tax, climate change, and health care bill that passed the Senate on Sunday. But he has a quibble with two of the late changes to t...
Larry Ellison Reportedly Subpoenaed In Twitter-Musk Legal Battle
Topline Twitter brought another eccentric billionaire into the fold in its lawsuit against Elon Musk, subpoenaing Oracle cofounder Larry Ellison—the largest outside financial backer of Musk’s embattle...
Oracle’s Larry Ellison Can Win Lawsuit Even If He Loses
(Bloomberg) — Oracle Corp. Chairman Larry Ellison is slated to testify in a lawsuit in which a loss could still result in a windfall for the company he co-founded and holds a 40% stake in. Most ...
‘F Troop’ Star Larry Storch Dies At 99
Larry Storch at the 2007 Twilight Zone Convention, Hilton Hasbrook Heights, Sunday August 5 2007 WireImage If you are a fan of classic sitcoms, you no doubt remember Larry Storch in his Emmy Award-nom...
Jeff Schaffer, Director of Crypto Commercial Featuring Larry David, Says He Doesn’t Understand BTC
Not long ago, Live Bitcoin News issued an article discussing a Super Bowl commercial that was made about crypto trading and FTX, a new but increasingly popular digital currency exchange. The commercia...
Tesla Files For Another Stock Split—Reveals Billionaire Larry Ellison To Leave Board
Topline In a regulatory filing released Friday afternoon, Tesla said it would ask shareholders to approve its second stock split in less than two years at its upcoming annual meeting, after teasing a ...
Larry Summers Says Fed Forecasts Look Ridiculous, Warns on Rate Delay
(Bloomberg) — Former Treasury Secretary Lawrence Summers said the Federal Reserve has failed to account for its mistakes and to realize the damage to its credibility after the latest inflation d...
Sen. Cruz blasts Larry Fink over ‘woke’ shareholder votes on climate
Sen. Ted Cruz (R-TX) speaks during a news conference at the U.S. Capitol October 6, 2021 in Washington, DC. Alex Wong | Getty Images Sen. Ted Cruz blasted BlackRock CEO Larry Fink on Tuesday for so-ca...
Analyst Larry Williams sees a bottom in the making
CNBC’s Jim Cramer on Friday explained fresh technical analysis from veteran chartist Larry Williams that signals the market is headed for a bottom. “I know it’s tough to believe anyt...
Larry Nassar Abuse Survivors File $130 Million In Claims Against FBI Over ‘Gross Negligence’ In Handling Of Assault Case
Topline More than a dozen women who were assaulted by former USA Gymnastics team doctor Larry Nassar filed $130 million in claims Thursday against the FBI over the bureau’s “grossly negligent failure”...
Cramer explains why seasoned technical analyst Larry Williams expects inflation to peak and the market to rally into June
CNBC’s Jim Cramer on Wednesday said inflation could peak and the market could recover soon, leaning on chart analysis from legendary market technician Larry Williams. “The charts and the h...
Larry Summers Says a Recession is Likely on the Way
With inflation roaring, bond yields jumping and the Federal Reserve seemingly poised to impose big interest rate increases, fear of recession is rising. Consumer prices surged 8.5% in the 12 months th...
Larry Fink announces BlackRock’s growing interest in digital assets
The CEO of BlackRock multinational investment management company, Larry Fink, is focusing more on cryptocurrency investments. Fink has said that his company is taking a global approach to adopting dig...
Recession is `the most likely’ outcome for U.S. economy, says Larry Summers
Former Treasury Secretary Larry Summers, whose out-of-consensus views about the risks of persistent inflation have come true, is reiterating his concerns about a potential U.S. downturn: He now says a...
BlackRock Inc. Aiming at Cryptocurrencies: Company CEO Larry Fink
Arman Shirinyan Company with $9 trillion in AUM plans on discovering the cryptocurrency industry One of the biggest money managers in the world, BlackRock, Inc.—which raised $400 million for Circle st...
U.S. economy will fall into a recession this summer, as inflation eats into consumer spending, former Fed official warns
Higher inflation will force consumers to limit their spending by so much that the economy will slump into a recession by the July-September quarter, former Federal Reserve Governor Lawrence Lindsey sa...
Larry Fink of BlackRock Suddenly Seems Open to Crypto
Larry Fink, the CEO of BlackRock – one of the biggest financial and investing platforms in the world – has dropped hints that he will potentially support bitcoin and cryptocurrencies in the coming fut...
Larry Fink says globalization is over — Here’s what it means for the markets
BlackRock founder Larry Fink declared that the Russia-Ukraine war is bringing the era of globalization to an end, but investors should keep in mind that the global economy and the financial system can...
It’s the beginning of the end of globalization, say BlackRock’s Larry Fink and Oaktree’s Howard Marks
“The magnitude of Russia’s actions will play out for decades to come and mark a turning point in the world order of geopolitics, macroeconomic trends, and capital markets.” That was Larry Fink, CEO of...
BlackRock’s Larry Fink says Ukraine war could spur digital currencies
Larry Fink, the Chairman and CEO of investment giant BlackRock, said that the war in Ukraine has the potential to accelerate digital currencies. In a letter to investors on Thursday, Fink highlighted ...
BlackRock CEO Larry Fink Says Russia-Ukraine War Is Upending World Order And Will End Globalization
Topline The war between Russia and Ukraine has heralded the end of globalization, as the conflict has upended the current world order that has been in place since the Cold War and will have lasting gl...
BlackRock CEO Larry Fink’s comments about inflation and remote work show poor judgment
BlackRock CEO Larry Fink claimed in a recent interview with Fox that “we have to get our employees back in the office” and that doing so will result in “rising productivity that will offset some of th...