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This Week in Business
Huawei Sues the US Government
Chinese tech giant Huawei is suing the U.S. government, alleging the 2019 National Defense Authorization Act prohibiting government agencies from buying its equipment or contracting with other companies violates the Constitution. Huawei argues US Congress doesn't have a good reason for this ban to be put in place, and that they are being singled out. US official allege that Huawei equipment could be used by the Chinese government to spy on Americans - Huawei denies such an accusation. Currently, Huawei’s Chief Financial Officer and daughter of the founder, Meng Wanzhou, continues to be held in Canada and faces extradition to the U.S. on fraud charges. Host Dan Loney takes a deeper look at these allegations with Regina Abrami, Senior Fellow in Management at Wharton, Director of the Global Institute at The Lauder Institute, and Head of its International Studies Faculty, and Richard Dasher, Director of the US-Asia Technology Management Center at Stanford University, on Knowledge@Wharton.
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Examining How Amazon Fulfillment Centers Influence Local Economic Growth
11:56|Serguei Netessine, Professor of Operations, Information and Decisions and Senior Vice Dean for Innovation and Global Initiatives at the Wharton School, discusses new research analyzing how Amazon fulfillment centers affect county-level employment, median household income, and poverty rates.
How Chatbots Shape Emotional Well-Being in the Age of AI
10:58|Stefano Puntoni, Wharton Marketing Professor and co-director of the Wharton Human AI Research Project, discusses emerging research on AI companionship, its effects on loneliness and mental health, and the complex safety, ethical, and legal considerations shaping this rapidly evolving space.
Economic Signals, Policy Debates, and AI’s Impact on Markets
10:42|Jeremy Siegel, Professor Emeritus of Finance at the Wharton School and Senior Economist at WisdomTree, offers his perspective on Fed decision-making amid data gaps, evolving consumer trends, AI-driven market competition, and the broader economic implications of shifting U.S.–China relations.
Rethinking ACA Tax Credits and the Future of Health Coverage
10:02|Mark Pauly, Professor Emeritus of Healthcare Management at the Wharton School, examines Senator Bill Cassidy’s new health savings account–based proposal, evaluates its relationship to existing ACA tax credits, and offers broader insights into the persistent economic and political challenges of U.S. health care reform.
Navigating Holiday Retail Trends Amid Economic Uncertainty
11:33|Mina Fader, Managing Director of the Baker Retailing Center at the Wharton School, offers insights on how inflation, inventory strategy, consumer spending habits, and the renewed importance of in-store experiences are shaping the outlook for holiday retail performance.
How California’s New AI Law Seeks to Safeguard Children
09:02|Kevin Werbach, Wharton Professor of Legal Studies and Business Ethics, explores the goals, limits, and broader national context of California’s newly enacted AI child-protection bill and what it signals for future regulation and industry responsibility.
The Hidden Link Between Talent Shortages and Rising M&A Activity
10:43|Ezekiel Hernandez, Wharton Management Professor, explains new research co-authored with Britta Glennon revealing how limits in the H-1B visa program push companies toward targeted M&A activity as a strategic response to skilled labor shortages.
How Coinbase’s Expansion Reflects a Shifting Regulatory Climate in Crypto
11:02|Itay Goldstein, Wharton Professor of Economics and Finance, analyzes Coinbase’s $375 million acquisition of blockchain capital-raising platform Echo, exploring how reduced regulatory uncertainty, renewed interest in Initial Coin Offerings, and innovations like stablecoins are influencing the next stage of crypto market evolution.
Understanding America’s $38 Trillion Debt and the Path Forward
13:07|Kent Smetters, Wharton Professor of Business Economics and Public Policy and Faculty Director of the Penn Wharton Budget Model, explains the economic realities behind the United States’ $38 trillion national debt, discussing options for increasing revenue, reforming entitlements, and fostering bipartisan approaches to secure the nation’s fiscal future.