Finance

Lessons from the Silicon Valley Bank collapse

Wharton finance professor Itamar Drechsler discusses what led to the collapse of SVB and the questions it raises for banks, depositors, and regulators going forward.

From Knowledge at Wharton

The West’s sanctions on Russia

Jesús Fernández-Villaverde, professor of economics and director of the Penn Initiative for the Study of the Markets, discusses the severity of the sanctions, the effects so far, and the potential reverberations for the rest of the globe.

Kristen de Groot



In the News


Technical.ly Philly

Philly high schoolers develop easy app to help predict the true cost of college

Finiverse, a project run out of the Wharton School’s Stevens Center, helps high school students assess what a college education might mean for their financial situation.

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CNN

Here’s what would happen to the US economy if there are no rate cuts this year

Itay Goldstein of the Wharton School says stock market prices still reflect the expectation that the Federal Reserve will cut rates later this year, even with the recent selloff.

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Inside Higher Ed

Report: Biden’s new debt relief plan estimated to cost $84 billion

According to economists at the Penn Wharton Budget Model, President Biden’s new plan to forgive some or all student loans for 26 million Americans would cost about $84 billion over 10 years.

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Bloomberg

U.S. weighs ban on charging buyers for lender title insurance

Benjamin Keys of the Wharton School says that shifting title insurance costs to lenders won’t solve the current problem with the mortgage market.

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Fortune

Hedge funder famous for his ‘black swan’ strategy says there’s ‘something immoral’ about America’s reliance on debt—and future generations ‘will bear the burden for this’

A 2023 study by the Wharton School found that the U.S. has about 20 years left for corrective action to fix the national debt before it hits 200% of GDP.

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Fortune

The cult of tax efficiency: The totally legal way that Tesla, Ford, Netflix and dozens of other large companies use U.S. law to pay their C-suite more than Uncle Sam

According to Jennifer Blouin of the Wharton School, the federal government considers carrying over corporate losses from less- to more-profitable years a nice way to help companies over bumpy times.

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