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Labour must ensure benefits of future growth are shared equally across Britain | Larry Elliott

PPolitics is difficult because it always requires choosing between conflicting objectives. As Keir Starmer discovers, the need to prioritize means you can't please everyone all the time. Labor wants faster growth, stronger public finances, decarbonisation, a more even distribution of prosperity across regions, tighter immigration controls and a reset of the UK's relationship with the […]

LARRY ELDER: Vance Defended Trump Better Than Trump

Democratic Minnesota Governor Tim Walz was holding a rotten card as he headed into a debate with Republican Ohio Sen. J.D. Vance. Unlike former President Donald Trump, Vance deftly, calmly, commandingly, and with humor and compassion carried out the presidential maneuvers. He led debates on issues that voters cared about most, including the economy, cost […]

Oracle’s Larry Ellison is getting richer, rivaling Musk, Bezos, Zuckerberg

Oracle co-founder and chief technology officer (CTO) Larry Ellison's net worth is increasing, making him one of the highest among billionaires such as Elon Musk, Jeff Bezos, and Mark Zuckerberg. in a high position. (Credit: Getty Images) Oracle co-founder and chief technology officer (CTO) Larry Ellison's net worth is increasing, making him one of the […]

Fed made ‘mistake’ slashing rates by half a point: Larry Summers

Former U.S. Treasury Secretary Larry Summers said September's better-than-expected jobs report showed the Fed's half-point rate cut was a “mistake.” Employers added 254,000 jobs in September, well above the 140,000 increase expected by economists at LSEG, and the unemployment rate fell slightly from a month earlier to 4.1%, the Labor Department said. In response to […]

Larry Summers says jobs report shows Fed’s 50 bp rate cut was ‘a mistake’

Acting Labor Secretary Julie Su will provide details on the September employment report, employment revisions, manufacturing losses and collective bargaining as longshoremen reach a tentative agreement. Former U.S. Treasury Secretary Larry Summers said September's better-than-expected jobs report showed the Fed's half-point rate cut was a “mistake.” This follows a Labor Department report showing that employers […]

BlackRock’s Larry Fink sounds off on investors expecting huge Fed rate cuts

BlackRock CEO Larry Fink told investors Tuesday. It would be a mistake to think that the Fed will cut rates significantly later this year because billionaire money men believe the U.S. economy will continue to grow. Mr. Fink dismissed market expectations for further rate cuts through the end of the year after Powell cut interest […]

Hedge fund mogul Larry Robbins seeks overhaul at struggling CVS: report

According to reports, hedge fund tycoon Larry Robbins met with executives of struggling drugstore chain CVS on Monday to discuss a revitalization plan that the Glenview Capital founder hopes will improve the company's operations. He plans to present it. Mr. Robbins, 55, made his name in 2012 by betting on health care companies he thought […]

Oracle’s Larry Ellison becomes world’s third-richest person

Oracle co-founder Larry Ellison on Tuesday became the world's third-richest person with a net worth of $203.9 billion, surpassing Mark Zuckerberg and Bernard Arnault, according to Forbes magazine. Earlier on Tuesday, Ellison briefly surpassed Amazon's Jeff Bezos before dropping back down to third place. According to Forbes, Bezos has a net worth of $206.4 billion, […]