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Penn in the News

A round-up of Penn mentions in local, national, and international media.
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  • Wharton receives record $60M gift for first new degree in 50 years
    Philadelphia Business Journal

    Wharton receives record $60M gift for first new degree in 50 years

    The Wharton School has received a record $60 million gift from alumnus Bruce I. Jacobs to establish the Dr. Bruce I. Jacobs Master of Science in Quantitative Finance, its first new degree in 50 years and the largest gift in its 144-year history.

    Sep 15, 2025

    Is the Fed behind the curve — again?
    CNN

    Is the Fed behind the curve — again?

    Kent Smetters of the Wharton School says that monetary policy should ideally move a couple months ahead of weaker jobs numbers, since it lags in terms of how much it stimulates the economy.

    Sep 14, 2025