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Business & Law

The Fed explained: What it does and why it matters
Photo of the Federal Reserve facade

(Image: Lance Nelson)

The Fed explained: What it does and why it matters

Former Philadelphia Fed President Patrick Harker and financial historian Peter Conti-Brown, both Wharton professors, unpack the central bank’s origins, its unusual structure, and the quiet ways it shapes the economy

4 min. read

Scaling from local to global venture

Scaling from local to global venture

Wharton graduate and President’s Engagement Prize recipient Katlyn Grasso shares how Penn mentors and resources have empowered her to make a tangible impact on society.

Emmy Keogh is buttering up her post-graduation plans
Emmy Keogh selling her butter at table.

Emmy Keogh is a Class of 2026 communications major and founder of bespoke butter company Debonair Butter Company.

(Image: Courtesy of Annenberg School for Communication)

Emmy Keogh is buttering up her post-graduation plans

The graduating fourth-year communications major has used many of Penn’s resources for entrepreneurs to get her bespoke butter company churning.

From Annenberg School for Communication

2 min. read

Cloak wins $75,000 Perlman Grand Prize in Venture Lab Startup Challenge

Cloak wins $75,000 Perlman Grand Prize in Venture Lab Startup Challenge

Cloak, the winner of Venture Lab’s 10th annual Startup Challenge, is founded by Rishi Ambavanekar Tyler Sacharow, and works with publishers, ranging from news to novels to screenplays, to protect content against AI scraping.

How Wharton prepares business leaders in the AI era

How Wharton prepares business leaders in the AI era

Wharton’s Artificial Intelligence for Business MBA major and undergraduate concentration curriculum combines technical fluency, ethical reasoning, and real-world application converge.

Lauder Class of 2026 graduate showcase

Lauder Class of 2026 graduate showcase

Four graduating students in the Lauder MA/Wharton MBA joint-degree program reflect on the challenges and advantages of completing two rigorous degrees in a two-year period.

How a firm’s ownership structure dictates its pollution footprint

How a firm’s ownership structure dictates its pollution footprint

Firms with concentrated ownership are likely to be worse polluters than those where smaller shareholders are in a majority, according to a new paper co-authored by Wharton’s Arthur van Benthem.

Global Research Seminar in Jamaica

Global Research Seminar in Jamaica

This spring, Penn Carey Law students traveled to Kingston, Jamaica, as part of the Global Research Seminar in Reproductive Rights and Justice in Jamaica, led by Professor Dorothy Roberts.

How homeownership helps build wealth

How homeownership helps build wealth

Mortgage modifications during the Great Recession helped distressed borrowers keep their homes and accumulate more capital gains wealth, according to a new study from Wharton’s Fernando Ferreira.

Beyond algorithms: Engineering judgment in the age of AI

Beyond algorithms: Engineering judgment in the age of AI

Penn professor Justin “Gus” Hurwitz helps students build “engineering judgment” to better inform AI innovation. This skill involves thoughtfully balancing the trade-offs between technical choices, legal obligation, and moral responsibility.

From Penn Engineering

2 min. read