Finance | Penn Today

Guess who loses after Florida and Texas bar ESG banks?

A paper co-authored by Daniel Garrett of the Wharton School finds that Texas municipal borrowers are paying as much as $532 million more in costs due to Republican lawmakers’ war with Wall Street over ESG.

New SEC rules target corporate insider trading

Daniel Taylor of the Wharton School says that prior to new SEC rules, there would be no trace in public disclosures that an executive was utilizing a 10b5-1 plan to trade inside information.

Wharton sophomore climbs world’s tallest volcano on a bike

Wharton School second-year Ryan Torres from Barcelona biked up the world’s tallest volcano in the Andes mountains during Winter Break, breaking the world record for highest altitude reached on a bike.

Ryan Torres holds his mountain bike aloft on Locust Walk in cycling gear.

This Wharton undergrad cycled the world’s highest volcano

Second-year Ryan Torres not only scaled Ojos del Salado by bike, he raised funds for World Bicycle Relief, an international nonprofit dedicated to improving access to cycling around the world.

Q&A

What is the future of Social Security?

As Social Security continues to march toward insolvency, Olivia S. Mitchell of the Wharton School discusses current policy debates and the role of financial literacy in achieving reform.

Elon Musk defends his old tweets in securities fraud trial in San Francisco

An analysis by Daniel Taylor of the Wharton School found that Tesla trading volume increased tenfold after Elon Musk’s 2018 tweets about a buyout.

Sarah Hammer on Wharton Business Daily

Sarah Hammer of the Wharton School discusses her appointment as Pennsylvania Gov. Shapiro’s secretary of banking and security, her time at Wharton, and consumer protection.

Fed wants climate risk analysis from 6 largest U.S. banks by July 31

The Federal Reserve’s pilot assessment shows that it’s become more discerning and judicious in its approach to climate change, according to Christina Parajon Skinner of the Wharton School.

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

Jeremy Siegel of the Wharton School says that the economy is in a deflationary mode and that it’s time for the Federal Reserve to stop raising rates.

It is the time to stop raising rates, says Wharton’s Jeremy Siegel

Jeremy Siegel of the Wharton School joins “Squawk Box” to discuss deflation signals, the time to stop raising rates, and why the Federal Reserve should shift its focus away from wages and structural changes.

Filters