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Although the federal government is moving to phase out Fannie Mae and Freddie Mac, no plans for a replacement mortgage-finance system have been announced. In a new op-ed, Wharton emeritus finance professor Jack Guttentag discusses the implications of the wind down and suggests that the U.S. could learn a few things from Denmark.
Back-to-school spending is predicted to increase this year compared to last. If so, who is buying, what are they buying and where are they buying it?
Chinese companies are buying up U.S. companies and other assets at a record pace in a scramble to spend down China’s large dollar holdings while acquiring assets, market share, technological know-how, talent and training. What does it all mean for the U.S.?
G.R. Gopinath, the father of low-cost air travel in India, and others see a new opportunity in serving regional passengers in India.
The prospect of electronics retailer Best Buy going private gained some traction today after the company agreed to let its founder, Richard Schulze, prepare a buyout offer. But it still faces big challenges, Wharton experts say.
Apple’s patent spat with Samsung raises bigger questions about innovation, patents and competition. According to Wharton’s Kevin Werbach, patents have become competitive weapons, but only more innovation will help Apple retain its current position as the most valuable company in the U.S.
Most MBAs may look for a structured career path, but a surprising number – more than 20% of Wharton MBAs surveyed — became entrepreneurs and found themselves happier than their peers because of it.
India’s foray into telemedicine has taken a significant step forward: A leading health care group recently introduced the country’s first e-intensive care unit (e-ICU).