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The Latest Breaking News from Wharton

Inflation is falling, but it's even lower than it looks if you take out Jeremy Siegel's least favorite CPI signal

"We are in a deflationary mode. It is time to stop raising rates,” Wharton professor Jeremy Siegel said on Thursday.

Fortune

Inflation is ‘basically over’ and the Fed is ‘making a terrible mistake’ by continuing to raise interest rates, Wharton professor Jeremy Siegel says

Jeremy Siegel warned that inflation was going to become a problem in 2020. Now, he says the Fed has done too much to fight it, and is set to cause a recession.

Fortune

Wharton Professor Jeremy Siegel says stocks will soar 20% next year as inflation fades—but legendary investor Bill Ackman says not so fast

Wharton Professor Jeremy Siegel says 90% of U.S. inflation is already gone, but Bill Ackman is warning investors not to forget about deglobalization.

Fortune

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Economy and Society, October 18, 2022: South Carolina to divest BlackRock funds over ESG

Economy and Society is Ballotpedia’s weekly review of the developments in corporate activism; corporate political engagement; and the Environmental, Social, and Corporate Governance (ESG) trends and events that characterize the growing intersection between business and politics.

Ballotpedia

Editorial: New York attorney general rightly pursues Donald Trump and his company

That real estate promoter Donald Trump is a shady businessman has been known to New Yorkers for the half-century since the Avenue Z rent collector for his dad, Fred Trump, made his public debut with sleazy lawyer-fixer Roy Cohn at his side. Trump lied about his wealth (he wasn’t as…

Tribune News Service

For $214,800, you can get a Wharton executive MBA from the comfort of your couch (mostly)

PHILADELPHIA — Executives who want a business degree now have a new option at the Wharton School at the University of Pennsylvania, which this month launched a “global” executive program offering 75% virtual and 25% in-person classes.

The Philadelphia Inquirer

The nation's top consumer watchdog wants to protect your personal data and digital wallet

Rohit Chopra heads the Consumer Financial Protection Bureau (CFPB), the federal agency tasked with protecting consumers and their money. The CFPB in recent years has sued student loan servicers, investigated redlining — or discriminatory lending — in mortgages and other loans, and is now focusing on "buy-now-pay-later" firms, payment apps,…

The Philadelphia Inquirer

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You've seen the Stranger Things version, but what went on at the infamous historical Hellfire Club?

Stranger Thing's Hellfire Club is mainly made up of the school's "losers" and outcasts — but the original 18th century version was much more racy, writes Esmé Louise James.

ABC News

Wharton's Siegel: Now's a Good Time to Buy Stocks

Some experts think the market has further to fall, as inflation roars and the Federal Reserve readies further interest-rate hikes.

The Street

A $90 million Wharton and Wall Street partnership will prep students of color for careers in finance

A successful career in finance requires three things, according to Daniel Young: coursework, internships, and mentoring.

The Philadelphia Inquirer

A Toll Bros. founder sees new business opportunities amid global troubles

Bruce E. Toll, co-founder in 1967 of Fortune 500 homebuilder Toll Bros., has long since diversified his fortune from the Fort Washington-based firm. His firm BET Investments Inc. has bet on health care, medical, information technology and telecom companies. And in Pennsylvania he owns coal fields and auto dealers and…

The Philadelphia Inquirer

Wharton's Siegel: Fed Shouldn't Hold Back on Rates

Wharton Prof. Siegel is concerned about inflation and worries that the Russia-Ukraine war will prompt the Fed to slow its interest-rate hikes.

The Street

The super-rich live on a different planet. Their thoughts on US salaries prove it

A tweet from a professor at Wharton School reveals students in one class believed the average American makes over six figures

The Guardian - US

Wharton Students Think Six-Figure Salaries Are American Average

The average American salary is not $800,000, even though Wharton students guessed that income.

The Street

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