Finance | Penn Today

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.

The U.S. can’t grow its way out of debt. Here’s what it can do

A package of 13 major tax and spending reforms proposed by the Penn Wharton Budget Model could reduce the deficit by $10 trillion during the 10-year budget window and generate $59 trillion in net revenue by 2054.

The economists’ word of the year

Sasha Indarte of the Wharton School says that economic uncertainty can cause people to postpone choices like spending, buying homes, how much to save, and how much to invest.

Wharton’s Jeremy Siegel says stock sell-off is ‘healthy’ as cautious Fed gives investors a ‘reality check’

Jeremy Siegel of the Wharton School expects the Federal Reserve to pare back the number of rate cuts next year, with just one or two reductions.

Will we see more tax breaks next year? Who benefits under Trump’s tax plan

The Penn Wharton Budget Model finds that households of different income spectrums across the U.S. would largely benefit from Trump’s tax changes in the short term.

Could Trump raise NJ property tax deduction to $20,000? SALT cap increase on table

According to the Wharton School, increasing the SALT cap from $10,000 to $20,000 would cost the U.S. government $22 billion during a 10-year period.

Trump won’t knowingly do something that’ll harm the market performance, says Wharton’s Jeremy Siegel

Jeremy Siegel of the Wharton School discusses whether the current Trump stock rally can continue and why equity markets aren’t as concerned about tariffs.

Payroll deduction savings programs improve retirement security: State auto IRAs are vital to expanding coverage

New AARP research based on a methodology published by the Wharton School finds that about half of American working adults lack access to a payroll-deduction workplace retirement savings plan, making it much more difficult to save for retirement.

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