Larry

It’s a classic fight-or-flight response — with a billionaire’s twist.A proposed wealth tax in California prompted the state’s resident billionaires to consider whether they wanted to continue their residency if the one-time 5% tax is approved. Their reactions, said CFP professional Don Hilario, who works with financial planning clients in…

Former Treasury Secretary Larry Summers is leaving his role as an instructor at Harvard University after more ties to convicted sex trafficker Jeffrey Epstein surfaced last week.”His co-teachers will complete the remaining three class sessions of the courses he has been teaching with them this semester, and he is not…

Former Treasury Secretary Larry Summers said that he would step back from public life after new emails showing the extent of his friendship with Jeffrey Epstein surfaced.”I am deeply ashamed of my actions and recognize the pain they have caused,” he said in a statement to Business Insider on Monday.…