What if everyone could get a guaranteed income whether or not they worked? Experts say the concept is gaining ground globally. That’s the idea behind the universal basic income (UBI) — and it is ...
Wharton’s Christina Parajon Skinner says that over time, Congress has granted significant power to the president to influence monetary policy, which has the potential to erode the Federal Reserve’s ...
In a significant move this summer, Kenya’s leading telecoms operator, Safaricom, extended its innovative mobile money service M-Pesa to Ethiopia, Africa’s second-most populous country, seen as the ...
Recent Wharton research explains a long-standing puzzle in bond pricing to provide a more reliable foundation for evaluating corporate credit risk. The financial markets have for long grappled with a ...
Credit card lending delivers a much higher return on assets than the banking sector, according to new research co-authored by Wharton’s Itamar Drechsler. The authors analyzed four potential ...
To keep Hitler’s war machine going, the Nazis captured bullion from European central banks that today would be worth $19 billion, writes George M. Taber, author of 'Chasing Gold: The Incredible Story ...
The blockchain, a form of distributed ledger technology, has the potential to transform the financial sector by bringing lower costs, faster execution of transactions, improved transparency, ...
Wharton’s Exequiel (Zeke) Hernandez speaks with Wharton Business Daily on SiriusXM about the future of globalization. BlackRock CEO Larry Fink thinks the war in Ukraine is accelerating the end of ...
Wharton's John Paul MacDuffie and Yale's Jeffrey Sonnenfeld discuss the life and career of legendary auto executive Lee Iacocca. True to the tradition of union-management relationships, in the late ...
Smartphone bans are sweeping through schools — about half of the schools around the world have already banned phones in classrooms. New evidence from Wharton suggests these bans can meaningfully ...
The conventional wisdom is that BlackRock, Vanguard, and State Street get their way through voting power. New Wharton research argues persuasion — not pressure — is their real source of influence.
New research co-authored by Wharton’s Olivia S. Mitchell makes a case for deferred income annuities with some equity exposure in defined contribution plans. Everyone aspires to have a steady source of ...
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