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Economics

How to teach your child about financial literacy

How to teach your child about financial literacy

Wharton’s Olivia S. Mitchell offers tips for raising a generation of smart spenders and savers.

From Knowledge at Wharton

2 min. read

Consumers continue to spend even as trade wars raise recession risk
CNBC

Consumers continue to spend even as trade wars raise recession risk

Sasha Indarte of the Wharton School says that financial constraints coupled with expectations that the economy is weakening will eventually cause consumers to spend less, which can cause businesses to cut back or lay off workers.

The economic impact of tariffs

The economic impact of tariffs

Sweeping tariffs would raise new revenue, but they would also depress GDP, wages, and Treasury bond demand and prices, according to the nonpartisan Penn Wharton Budget Model.

Trump is laying the groundwork to blame Powell for any downturn
The Wall Street Journal

Trump is laying the groundwork to blame Powell for any downturn

Peter Conti-Brown of the Wharton School says that a general assumption of integrity and bipartisanship is what gives the Federal Reserve its authority and maneuverability.

The speed of sticker shock
Business Insider

The speed of sticker shock

Z. John Zhang of the Wharton School says that current uncertainty and volatility could create a good alibi for a company that wants to institute dynamic pricing.