This Week in Business

This Week in Business

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Evaluating Greenspan's Legacy and the Evolution of Monetary Policy

Jeremy Siegel, Wharton Emeritus Professor and Senior Economist at WisdomTree, discusses Alan Greenspan's lasting impact on monetary policy, reflects on the lessons of the 2008 financial crisis, analyzes Federal Reserve Chair Kevin Warsh's early leadership, and explains why more f ...  Show more

Private Credit Risks and the Threat of Market Contagion

Itay Goldstein, Professor of Finance at the Wharton School, discusses the growing concerns surrounding private credit markets, including liquidity mismatches, valuation uncertainty, investor redemptions, AI-driven pressures on software borrowers, and the potential systemic risks ...  Show more

Peanut Butter Raises and the Pay Equity Debate

Peter Cappelli, Professor of Management at the Wharton School, examines the resurgence of "peanut butter" raises, exploring how companies distribute limited pay increases, the impact of inflation on employee compensation, and the tradeoffs between rewarding top performers and mai ...  Show more

SpaceX’s Historic IPO and the Future of Space

David Hsu, Wharton Management Professor, discusses SpaceX’s $2 trillion valuation, the role of Starlink, launch services, and AI in driving investor enthusiasm, the influence of Elon Musk’s leadership, and what the company’s success means for the future of the global space econom ...  Show more

Understanding Congress’s Impact on Financial Markets

Courtney Wiegand, Wharton Assistant Professor of Finance, explains her research on how fiscal policy shocks and shifting deficit expectations affect bond markets, inflation, monetary policy interactions, and the long-term implications of congressional budget decisions for financi ...  Show more