LAWRENCE SUMMERS

Shares are mostly lower in Asia after a modest advance on Wall Street that kept the market on track for a fourth straight weekly gain.

The ousted leader of ChatGPT maker OpenAI is returning to the company that fired him just days ago.

President Joe Biden stopped in the battleground state of Wisconsin to discuss how economic policies he calls “Bidenomics” are boosting the economy.

Senate Majority Leader Chuck Schumer and Democratic Sen. Joe Manchin had been wrestling for more than a year over President Joe Biden’s big rebuilding America package.

When General Motors went through the biggest industrial bankruptcy proceedings in history, 20,000 retirees from GM's Delphi Corp. subsidiary saw their retirement savings slashed.

Treasury Secretary Janet Yellen says the U.S. economy is slowing but pointed to healthy hiring as proof that it is not yet in recession.

Treasury Secretary Janet Yellen says she expects the U.S. economy to slow in the months ahead, but that a recession is not inevitable.

Federal Reserve Chair Jerome Powell has pledged to do whatever it takes to curb inflation, now raging at a four-decade high and defying the Fed’s efforts so far to tame it.

Treasury Secretary Janet Yellen has acknowledged that she and Federal Reserve Chair Jerome Powell “could have used a better word” than transitory when describing the expected run of inflation in the U.S. economy.

President Joe Biden came before the television cameras Friday to celebrate yet another month of healthy job growth and low unemployment and the fastest pace of hiring in four decades under his watch.

The Biden White House is betting the U.S. economy is strong enough to withstand the threats to growth posed by inflation and the war in Ukraine.

President Joe Biden is paying a steep price for high inflation.

In a story June 5, 2021, about the U.S. economy's vital signs, The Associated Press erroneously reported the name of a trade association.

Treasury Secretary Janet Yellen says President Joe Biden’s massive proposed spending on infrastructure, families and education won’t fuel inflation because the plans would be phased in gradually over 10 years.

With employers hiring, consumers spending and companies raising some prices, Federal Reserve Chair Jerome Powell is embarking on a high-stakes gamble.

Hiring is accelerating as Americans increasingly venture out to shop, eat at restaurants, and travel, and inflation is even picking up after lying dormant for years.

President Joe Biden says Republicans have talked for years about the need to rebuild the nation’s infrastructure and predicts GOP lawmakers will face pressure from their supporters if they don’t act.

President Joe Biden is setting about convincing America it needs his $2.3 trillion infrastructure plan.

“Yellen is uniquely poised," said Brian Deese, director of Biden’s National Economic Council. "She has as much experience and expertise of addressing the challenges of our time as any living economic policymaker today. AdYellen juggled parenting with her work as a professor at the University of California, Berkeley, in the 1980s, helping to build her son’s pinewood derby car as a colleague fed economic data into a computer. It’s an argument cultivated from years of research that fully blossomed during Yellen’s time as Fed chair. She said Yellen values differences of opinion and diversity because that helps her get a fuller sense of the economy.

(AP Photo/Jacquelyn Martin)WASHINGTON – Treasury Secretary Janet Yellen said Sunday the country was still in a “deep hole” with millions of lost jobs but that President Joe Biden’s $1.9 trillion relief plan could generate enough growth to restore full employment by next year. Summers also contended that Biden’s plan would make less money available for other initiatives such as improving the nation’s infrastructure. The proposal will be part of the COVID-19 relief bill they are writing that is expected to largely follow Biden’s plan. Under the House Democrats’ plan, those amounts would begin to phase out for individual parents earning $75,000 yearly and couples making $150,000. She said if Biden’s relief package is approved, the country could get back to full employment by next year.

But Fincher cast Oldman’s manager, Douglas Urbanski (as Larry Summers in ’The Social Network”), before he called up Oldman about another role. Orson Welles was a genius and if everybody doesn’t know that, I don’t know what to say.”In crafting the portrait of Mankiewicz, Fincher wanted Oldman as himself. Oldman was himself once an alcoholic and, like Mank, prone to audacious gambles. Back when he was drinking, Oldman chose between two simultaneous offers — “Waterworld” and “The Scarlet Letter” — with a coin flip. In a court filing in 2001, Fiorentino alleged that Oldman hit her with a telephone, an allegation that Oldman strongly denies.