Epstein files: Larry Summers to resign as Harvard professor, reports say

Epstein files: Larry Summers to resign as Harvard professor, reports say


Former Treasury Secretary and president emeritus and professor at Harvard University, Larry Summers attends the Allen & Company Sun Valley Conference on July 9, 2025 in Sun Valley, Idaho.

Kevin Dietsch | Getty Images

Larry Summers, the former U.S. Treasury secretary who has been dogged by his past friendship with Jeffrey Epstein, will resign from teaching at Harvard University by the end of the current academic year, according to reports on Wednesday.

Summers previously served as president of Harvard.

In a statement to The Crimson, the university’s student newspaper, Summers called his decision to leave his professorship “difficult,” but also said he remained “grateful to the thousands of students and colleagues I have been privileged to teach and work with since coming to Harvard as a graduate student 50 years ago.”

“Free of formal responsibility, as President Emeritus and a retired professor, I look forward in time to engaging in research, analysis, and commentary on a range of global economic issues,” Summers told The Crimson.

Read more CNBC politics coverage

This is breaking news. Please refresh for updates.



Source

Nvidia set to report quarterly results after the bell
World

Nvidia set to report quarterly results after the bell

Nvidia CEO Jensen Huang speaks during the 2026 CES event in Las Vegas, Jan. 6, 2026. Bridget Bennett | Bloomberg | Getty Images Nvidia is scheduled to report fiscal fourth-quarter results after the close of regular trading on Wednesday. Here’s what Wall Street is expecting, according to LSEG consensus estimates: EPS: $1.53 adjusted Revenue: $66.2 […]

Read More
Thrive Capital invested about  billion in OpenAI at a 5 billion valuation, source says
World

Thrive Capital invested about $1 billion in OpenAI at a $285 billion valuation, source says

OpenAI CEO Sam Altman attends an event to pitch AI for businesses in Tokyo, Feb. 3, 2025. Kim Kyung-hoon | Reuters Joshua Kushner’s Thrive Capital invested roughly $1 billion in OpenAI at a $285 billion valuation in December, a source confirmed Wednesday. It is a preferential deal for the venture capital firm that has long […]

Read More
Stocks rise, adding to Tuesday’s comeback as Nvidia and Oracle shares gain: Live updates
World

Stocks rise, adding to Tuesday’s comeback as Nvidia and Oracle shares gain: Live updates

Traders work on the floor of the New York Stock Exchange (NYSE) at the opening bell in New York on February 25, 2026. Timothy A. Clary | Afp | Getty Images U.S. equities rose on Wednesday, supported by Nvidia and Oracle, as stocks look to build on the gains from the prior trading day. The […]

Read More