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Finance
The hidden costs and joys of being LGBT
LGBT people continue to face many hurdles to financial security, with a higher likelihood to slip below the poverty line.
Celebrating family firsts and resourcefulness in the Class of 2024
Lynn Larabi, Crystal Marshall, and Jason Chu all entered Penn as first-generation college undergraduates and the children of immigrants and pursued different paths: political science, film, and finance and accounting.
Two Penn Ph.D. candidates awarded 2024 Newcombe Doctoral Dissertation Fellowship
The School of Arts & Sciences awardees are Arielle Xena Alterwaite, who is pursuing a Ph.D. in history, and Katherine Scahill, who is pursuing a Ph.D. in music.
‘Bankrolling Empire: Family Fortunes and Political Transformation in Mughal India’
A new book by Sudev Sheth, senior lecturer in history and international studies, looks at how the leaders of one of the most dominant early modern polities lost their grip over empire.
How friendship and finance bloom at Wharton’s Stevens Center
Sindi Banaj and Maryem Bouatlaoui bonded in friendship as they collaborated on a college finance app built by high school students, for high school students.
The Economic Justice Partnership focuses on creating an equal financial playing field
From the basics of setting up an investment account to giving a play-by-play on how interest accrues, the partnership—a Projects for Progress winner—hosts financial literacy workshops with middle and high school students around Philadelphia, as well as Penn and other college students.
The economy and you
The latest episodes of the Wharton School’s faculty research podcast, ‘Ripple Effect,’ delve into the economics of the U.S. housing market, public policy, the possibility of recession, and the Federal Reserve.
Stevens Center unveils app made for teens, by teens
For over a year, 35 high school students who are interns at the Center developed an app that helps college-bound adolescents calculate the cost of higher education.
Why stock valuation hinges more on returns than future earnings
Growth stocks don’t generate the long-term returns that would justify their high multiples, according to the 2023 Jacobs Levy Center’s “Best Paper” co-authored by the Wharton School’s Sean Myers.
Who, What, Why: History Ph.D. candidate Arielle Alterwaite looks at Haitian debt
Her work on Haiti’s sovereign debt in the aftermath of the Haitian Revolution holds lessons for what is currently happening there and more broadly for conversations around reparations.
In the News
Here’s why mortgage rates dropped to their lowest level in more than a year
Lu Liu of the Wharton School says that treasury rates have already incorporated expectations for future interest rate cuts because mortgage rates are priced off current treasury rates.
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Jeremy Siegel backs off on calls for the Fed to do an emergency interest rate cut
Jeremy Siegel of the Wharton School says that the Federal Reserve should move its key interest rate down to 4% as fast as possible.
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Fed rate is ‘far too high’ and needs to come down quickly, Jeremy Siegel says
Jeremy Siegel of the Wharton School says that the Federal Reserve is in danger of making another policy mistake by being too cautious.
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NYSE seeks to end closed-end fund meeting rule, opening divide with investors
Daniel Taylor of the Wharton School says that the New York Stock Exchange’s efforts to end a closed-end fund meeting rule would be harmful for investors.
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Why the Fed is being blamed for the historic stock-market plunge
Jeremy Siegel of the Wharton School says that the recent stock market decline is due to the Federal Reserve rather than the coming presidential election or geopolitical tensions.
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Wharton’s Jeremy Siegel says Fed needs to make an emergency rate cut
Jeremy Siegel of the Wharton School says that the Federal Reserve should make an emergency 75 basis-point cut in the federal funds rate after Friday’s disappointing jobs report.
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