summers
“The United States is, today, an underlying 4.5-5% inflation country,” former U.S. Treasury Secretary Larry Summers said on Monday. Stefan Wermuth—Bloomberg via Getty Images Former U.S. Secretary of the Treasury Lawrence Summers doesn’t think the U.S. fight against inflation is over yet. The U.S. economy is still “very, very hot,” he said on Monday at […]
Minneapolis(CNN) The US economy may still be running fast and strong, but its risk of suddenly falling into a recession still looms large, despite the Federal Reserve’s efforts, former Treasury Secretary Larry Summers warned Monday. Summers told CNN’s Poppy Harlow in an interview that he expects the Fed will have to raise its benchmark interest […]
Washington CNN — Former US Treasury Secretary Larry Summers said Thursday it’s “more likely than not” the US will enter a recession, calling it a consequence of the “excesses the economy has been through.”
A U.S. recession and unemployment hitting 6% are what it will take for surging inflation to be brought under control in America, according to former Treasury Secretary Larry Summers. In an
For decades, the federal government has helped the poor with energy costs during chilly winters. Now sweltering summers are straining the social safety net. September 17, 2022 at 7:00 a.m. EDT Melissa Besong, 40, outside the NeedLink Nashville offices after filling out an applications to keep her electricity from being cut off. (William DeShazer for […]
Heat-related warnings and advisories were in effect Wednesday for nearly a third of the U.S. population, mostly in the Midwest and Southeast, the National Weather Service said, adding that it may take weeks to see relief. More than 95 million people from Southern California to western Pennsylvania and as far south as Florida were under […]
From Texas to California, most of the US south-west is experiencing scorching heat this week, with temperatures soaring above 100F (38C) in dozens of locations, putting millions of people at risk of “dangerously hot conditions”. This is part of an alarming trend. American summers are hotter than ever, according to new research, with most of […]
NPR said on Wednesday that Juana Summers would be the newest co-host for “All Things Considered,” its flagship newsmagazine, replacing Audie Cornish, the longtime co-host who left this year to start a program for the short-lived CNN+ streaming service. Ms. Summers, a veteran political correspondent whose peripatetic career has taken her to news media start-ups […]
COVID cases continued to rise across the U.S. on Monday and were trending at the highest levels seen since late November, driven by the BA.2 variant of omicron, and two other subvariants that appear to be even more infectious. The two, named BA.2.12 and BA.2.12.1, were highlighted by health officials in New York State recently. […]
The western blackheaded budworm larva is familiar to many forest users as a caterpillar hanging from a tree branch. (Photo curtesy of USDA Forest Service Alaska Region) After nearly 30 years in relative dormancy, the western black-headed budworm population is exploding in Southeast Alaska, leaving swaths of browning hemlock in its path. U.S. Forest Service […]
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