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 ...

In a significant move this summer, Kenya’s leading telecoms operator, Safaricom, extended its innovative mobile money service M-Pesa to Ethiopia, Africa’s second-most populous country, seen as the ...

Recent Wharton research explains a long-standing puzzle in bond pricing to provide a more reliable foundation for evaluating corporate credit risk. The financial markets have for long grappled with a ...

Wharton’s Exequiel (Zeke) Hernandez speaks with Wharton Business Daily on SiriusXM about the future of globalization. BlackRock CEO Larry Fink thinks the war in Ukraine is accelerating the end of ...

The blockchain, a form of distributed ledger technology, has the potential to transform the financial sector by bringing lower costs, faster execution of transactions, improved transparency, ...

The conventional wisdom is that BlackRock, Vanguard, and State Street get their way through voting power. New Wharton research argues persuasion — not pressure — is their real source of influence.

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 ...

A new study from Wharton’s Adam Grant finds narcissism is the common denominator among CEOs who are most resistant to remote and hybrid work.

Smartphone bans are sweeping through schools — about half of the schools around the world have already banned phones in classrooms. New evidence from Wharton suggests these bans can meaningfully ...

APJ Abdul Kalam was among India's best-known scientists before he became the country's President. An alumnus of the Madras Institute of Technology, he worked for the Indian Space Research Organisation ...

New research co-authored by Wharton’s Olivia S. Mitchell makes a case for deferred income annuities with some equity exposure in defined contribution plans. Everyone aspires to have a steady source of ...

In this opinion piece, Wharton finance professor Michael R. Roberts examines some of the arguments against stock buybacks and explains why buybacks are an important mechanism for returning money to ...