Finance

Susan Wachter of the Wharton School says that affordable homeownership has long been considered an achievable cornerstone of the American dream, but now that role is increasingly in question.

Jeremy Siegel of the Wharton School says that the current upward productivity trajectory is fueled partly by employee anxiety and advances in artificial intelligence.

A study by researchers at Penn found that reduced competition in the bond market could cost state and local governments in Texas as much as $416 million annually in higher interest costs.

Benjamin Keys of the Wharton School says the changing landscape in insurance markets is a recognition that risks have increased in recent years.

Jeremy Siegel of the Wharton School believes that the Federal Reserve will not hike rates again on Nov. 1st because of the bond market.

Allison Nicoletti of the Wharton School explains why Bank of America’s mounting unrealized losses on securities are a non-issue from an accounting perspective.

A paper by Lu Liu of the Wharton School and colleagues suggests that the larger the gap between homeowners’ mortgage rates and the going rate for a new loan the less likely they are to move.

Mohammed El-Erian of the Wharton School says that recent central bank boosts to interest rates mean cash and cash-like assets are producing strong yields, while stocks and bonds are struggling.

According to the Penn Wharton Budget Model, the U.S. has roughly 20 years to change course on the size of its debt before a default will become unavoidable.