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Fortune

A former JPMorgan employee has accused the bank of obscuring the true size of its trading business to evade capital requirements

Itay Goldstein and David Zaring of the Wharton School comment on the Federal Reserve’s supervisory relationship with banks.

USA Today

The rise of multigenerational housing: Why we’re seeing more generations under one roof

A 2023 paper co-authored by Susan Wachter of the Wharton School found that nearly half of adults aged 18 to 29 live with their parents at levels not seen since the Great Depression.

A gloved medical researcher handling pipettes in a lab.

Takeaways to understand ‘indirect costs’ and NIH funding

Penn’s Vice President for Finance and Treasurer Mark Dingfield and Senior Associate Vice Provost and Senior Associate Vice President for Research Missy Peloso explain facilities and administrative (‘indirect’) costs and the implications of potential NIH funding cuts.

CNBC

Trump’s plan to eliminate income taxes on Social Security benefits would help high-income households, report finds

According to a new analysis by the Penn Wharton Budget Model, eliminating taxes on Social Security benefits may reduce U.S. government revenues by $1.5 trillion over 10 years and increase the federal debt by 7% by 2054.

NPR

What is happening to the availability of mortgage insurance in disaster areas?

Benjamin Keys of the Wharton School discusses the availability of mortgage insurance in regions where disasters like fires and floods make insurance costly or scarce.

Financial Times

Wharton tops 2025 FT MBA ranking despite strong European competition

The Wharton School was rated No. 1 in the FT Global 2025 rankings for its MBA program and for academic research.

CNBC

To pay for Trump’s tax cuts, House Republicans could raise student loan bills for millions of borrowers

According to an analysis by the Penn Wharton Budget Model, the SAVE student loan repayment plan could cost taxpayers as much as $475 billion over a decade.

Reuters

Trump’s SEC starts shifting agency’s focus as job cut threat spooks staff

Daniel Taylor of the Wharton School says that bureaucratically inefficient agencies can’t be improved by threatening their workforces, having mass layoffs, and making unexplained changes.

Gobhanu Korisepati standing with his arms crossed.

Gobhanu Sasankar Korisepati is making an impact around the world

Gobhanu Sasankar Korisepati co-founded the international microfinancing nonprofit Sustaining Women in Financial Turmoil while in high school, and, as a student at Penn, he continues as executive chairman.

Chuanyuan (Suzanne) Liu and Habib Salim standing outside dressed in graduation gowns.

Two Penn alumni named 2025-26 Schwarzman Scholars

Two members of the Class of 2023, Chuanyuan (Suzanne) Liu and Habib Salim, have each received Schwarzman Scholarship funding for a one-year master’s degree in global affairs at Tsinghua University in Beijing.

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