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 ...

In June 2010, in the days leading up to Mexico’s state elections, Rodolfo Torre, a leading gubernatorial candidate from the northern state of Tamaulipas, was assassinated. He had campaigned against ...

Following is an edited transcript from this episode. Dan Loney: The U.S. economy saw its national debt climb above $38 trillion recently. But what may be even more concerning is the fact that it just ...

Wharton’s Benjamin Lockwood explains why state-run lotteries are so compelling to consumers, even when they know the odds are stacked against winning. Americans spend more than $100 billion a year on ...

In 1950, when the global economy was struggling to recover from World War II, oil-rich Venezuela was the world’s fourth-wealthiest country, boasting a per capita GDP of $7,424 exceeded only by the ...

There is no evidence yet of AI collusion hurting the financial markets, but the threat is real, warns a paper co-authored by Wharton’s Winston Wei Dou and Itay Goldstein. As world leaders last week ...

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 ...

You are tracked more often, and in more meaningful ways, than you think. Wharton and Penn experts reveal exactly how your data is sold, shared and leaked. Earlier this month, California Gov. Gavin ...

Watch any sports game in 2026 and you’ll see them: incessant ads for FanDuel, PrizePicks, DraftKings, Kalshi, and a dozen other platforms — each offering a constant, glittering stream of chances to ...

If by announcing a search for a second headquarters Amazon intended to play one city against another and generate millions of dollars in free publicity, it has worked. Many observers believe Amazon ...

New research from Wharton’s Manav Raj finds that delivery platforms are intensifying competition and pressuring profit margins, forcing many restaurants to close. For consumers, delivery platforms ...

Growth stocks don’t generate the long-term returns that would justify their high multiples, according to the 2023 Jacobs Levy Center’s “Best Paper,” co-authored by Wharton’s Sean Myers. “This is ...