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Zero Hedge

Larry Summers Resigns From OpenAI Board; Harvard Launches Investigation After Epstein Revelations

Larry Summers Resigns From OpenAI Board; Harvard Launches Investigation After Epstein Revelations Former Treasury Secretary Larry Summers has resigned from the board of OpenAI following the release of messages in which Summers was asking Jeffrey Epstein for dating advice to try and
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Larry Summers Goes Into Hiding; Messages Sought Epstein's Advice On Cheating With Daughter Of CCP Official

Larry Summers Goes Into Hiding; Messages Sought Epstein's Advice On Cheating With Daughter Of CCP Official In the latest blow to Democrats from the recent 'Epstein files' released by House Republicans, former US Treasury Secretary Larry Summers announced that he's stepping back from
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Zero Hedge

Stocks Rebound To Session Highs After Soaring Corporate Layoffs Raise Rate Cut Odds

Stocks Rebound To Session Highs After Soaring Corporate Layoffs Raise Rate Cut Odds US equity futures are higher, rebounding from session lows for the second day in a row, amid headlines that layoffs are surging due to AI which in turn is raising odds of a Dec rate cut, with JPM
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Zero Hedge

Key Events This Week: ISM, ADP, PMI, More Earnings, More Fed Speakers, And Longest Gov't Shutdown In History

Key Events This Week: ISM, ADP, PMI, More Earnings, More Fed Speakers, And Longest Gov't Shutdown In History The market bonanza continues: the S&P 500 posted a 6th monthly gain for the first time since 2021, and those factors outweighed concerns around private credit and fears of
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Zero Hedge

Key Events This Week: Core PCE, GDP And Fed Speakers Galore Including Powell

Key Events This Week: Core PCE, GDP And Fed Speakers Galore Including Powell It's a relatively quiet week. According to DB's Henry Allen, the data highlight this week will be Friday's US core PCE deflator which should print softer than feared a few weeks ago given the recent inputs
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