Economics | Penn Today

AI’s ripple effects extend to home sales

Susan Wachter of the Wharton School says job cuts and reduced hiring by major employers are cooling demand for housing.

Wall Street is on tenterhooks over the Fed’s ‘rare, genuinely suspenseful’ December meeting: The committee is unsure of the data and one another

Jeremy Siegel of the Wharton School says that real-time credit-card reads and retail commentary will provide better economic information to the Fed than backward-looking payroll reports.

The Trump administration’s portable mortgage push could let you keep your 3% rate, but experts warn it may backfire. What can homeowners do now?

Susan Wachter of the Wharton School says that a portable mortgage could nudge homeowners who have been staying put to sell, opening the door for new buyers.

Open enrollment brings sticker shock to millions as premiums soar

Mark Pauly of the Wharton School says older people buying coverage through the Affordable Care Act are especially vulnerable to health-insurance sticker shock.

Her path to ‘having it all?’ Be gay and move to Philly, a Wharton economist says

In her book “Having It All,” Corinne Low of the Wharton School argues that women can reclaim joy and balance by designing a more fulfilling life.

Elon Musk says that in 10 to 20 years, work will be optional and money will be irrelevant thanks to AI and robotics

While the cost of AI is decreasing, robotics are stubbornly expensive and harder to scale, according to a paper by Ioana Marinescu of the School of Social Policy & Practice and PIK Professor Konrad Kording.

The W. P. Carey Foundation commits $3M to endow interdisciplinary professorship

The William P. Carey Professorship in Economics will recognize exemplary faculty at the intersection of economics and political scienc; the inaugural chair holder is Enrique Mendoza, who will assume the title of William P. Carey Professor in Economics.

How baby boomers got so rich, and why their kids are unlikely to catch up

Olivia Mitchell of the Wharton School discusses how baby boomers benefitted from economic conditions that succeeding generations will likely not have.

Addressing economic complexities

Beginning in fall 2026, the College of Liberal & Professional Studies and the Department of Economics in Penn’s School of Arts & Sciences will offer a new Master of Applied Economics and Data Science degree.

Why are credit card rates so high?

Credit card lending delivers a much higher return on assets than the banking sector, according to new research co-authored by Wharton finance professor Itamar Drechsler.

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