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The Latest Breaking News from Wharton

Wharton’s Jeremy Siegel says the Dow could surpass 40,000—if the Fed doesn’t get in the way

If the Fed doesn't cut interest rates in January, they may have to lower it in their March meeting, Siegel said.

Fortune

With the stock market in 'striking distance' of all-time high, Wharton's Jeremy Siegel warns the only thing that can derail it is Jerome Powell

"The primary risk that could knock us off course is a Federal Reserve that remains fixated on inflation fears."

Fortune

Is AI more creative than the human brain? I doubt it – and I definitely want humans to stay in charge

Businesses keep trying to prove AI’s superior creativity, but haven’t proved it can compete with human inspiration, says writer Stefan Stern

The Guardian - UK

From analysis to the latest developments in health,
read the most diverse news in one place.

Implementing AI in your business requires following the 80/20 rule of ‘fluid’ organizations

A new report explores the impact of AI on a company's operating model.

Fortune

4-star edge Booker Pickett names top schools

Who are four-star edge rusher Booker Pickett's top schools?

USA Today Sports Media Group

Inflation Figures For June Put Stocks In The Ideal Environment

New Highs Amid 'Goldilocks' Scenario: of lower inflation, a stronger economy, good guidance, and good profits

Zenger

Jeremy Siegel says we are in a 'Goldilocks economy' and the Fed doesn't need to raise interest rates anymore

“It’s a Goldilocks economy—strong economic growth and falling inflation,” the veteran market watcher told CNBC Friday.

Fortune

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'YOLO' spenders are propping up the economy a Wharton professor believes

"Once a weakening in the economy kicks in, it could come fast."

Fortune

Adam Grant urges leaders demanding office returns to not ‘mistake presence for performance’

Wharton professor Adam Grant warned executives against conflating office attendance with genuine productivity gains.

Fortune

One of the top stock watchers alive called the big S&P 500 comeback this year—and now he sees a ‘mild recession’ by the holidays

Wharton’s Jeremy Siegel warns that stocks will have a rough second half of the year and he “wouldn’t be surprised” if the long predicted downturn arrived.

Fortune

A.I. boom in tech is 'not a bubble yet,' says Jeremy Siegel

Rosy guidance from chipmaker Nvidia last week helped spark the third-largest single-day jump in market value in U.S. history.

Fortune

Wharton’s Jeremy Siegel says stocks could jump 15% or more this year—but only if the Fed cuts rates

"If the Fed does not cut, then it's going to be tougher sledding for the markets," the finance professor warned.

Fortune

60 minute masterclass: A guide to sustainable investing with Professor Alex Edmans

Sort the facts from the fiction and learn how your savings can have a positive impact, with a global authority on the topic, Professor Alex Edmans

The Guardian - UK

Wharton professor Jeremy Siegel says the Fed’s rate hikes and ‘monomaniacal’ focus on the labor market are ‘misguided’: ‘Workers are way behind’

Siegel says workers’ wage growth has been “way behind” historical norms and inflation is already fading, which means the Fed’s rate hikes are a mistake.

Fortune

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USA Today Sports Media Group

4-star DE Booker Pickett names top schools

4-star edge rusher Booker Pickett Jr., who has incredible highlights, has named his top nine schools including UGA.

Fortune

There's a surprising culprit behind mass layoffs, says a prominent management professor at Wharton

According to Peter Cappelli, the current state of financial accounting of human capital is a big issue.

Fortune

How did JPMorgan fall for Frank? Several execs played a role in buying the $175 million startup that’s been accused of fraud

JPMorgan hoped to get a foothold in the fast-growing world of student loans. Instead, they got a huge headache.

Fortune

Wharton professor Jeremy Siegel warns the Dow could drop 1,000 points ‘immediately’ if the Fed goes too big with its next rate hike

Investors are pricing in a mild interest rate hike this week, but if they get something more aggressive, stocks are in trouble, Jeremy Siegel says.

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The Philadelphia Inquirer

An AI bot passed this Wharton professor's exam. Here's why he's not concerned

Wharton professor Christian Terwiesch was sitting with his grown children around the dinner table when the subject of artificial intelligence came up. Both of his kids had been experimenting with the nascent technology in their respective fields: "one of them is interested in design...and the other one is interested in…

WEKU

'Everybody is cheating': Why this teacher has adopted an open ChatGPT policy

An associate professor at the prestigious Wharton School is not only allowing his students to use ChatGPT, they are required to.

Fortune

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.

Ballotpedia

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.

Tribune News Service

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…

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