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This Week in Business
US Government Shutdown: Impact on the FDA and Food Safety
The U.S. Food & Drug Administration (FDA), which oversees the approval of new drugs and oversees around 80 percent of our food supply, is among the agencies that are impacted by this partial US government shutdown. Last Wednesday, FDA commissioner, Dr. Scott Gottlieb announced routine inspections would be temporarily suspended as hundreds of agency inspectors have been furloughed. This raises the risk of contaminated food products turning up in stores, restaurants and other locations. So how worried should we be? Host Dan Loney is joined by Marion Nestle, Professor Emerita of Nutrition, Food Studies and Public Health at New York University as well as a Visiting Professor of Nutritional Sciences at Cornell University, and Craig Hedberg, Professor in the Division of Environmental Health Sciences at the University of Minnesota School of Public Health and co-director of the Minnesota Integrated Food Safety Center of Excellence, to discuss the implications of the shutdown and resulting food safety on Knowledge@Wharton.
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Jeremy Siegel on Inflation, Fed Policy, and Market Resilience
10:24|Jeremy Siegel, Wharton Emeritus Professor of Finance and WisdomTree Chief Economist, shares his outlook on economic growth, inflation, interest rates, and market resilience, addressing the impact of tariffs, the rise of AI, and the uncertain future of Federal Reserve leadership.Understanding Dynamic Pricing in Today’s Inflationary Climate
09:54|John Zhang, Wharton Professor of Business Economics and Public Policy, discusses how firms use tariff-induced economic conditions to raise prices and explore dynamic pricing strategies, balancing profit motives with consumer perceptions and competition.How Business Leaders Are Misjudging AI’s Workforce Impact
09:39|Peter Cappelli, Management Professor at the Wharton School and Director of the Center on Human Resources, explains why bold predictions about AI-driven job loss often miss the mark, how financial pressures are influencing executive behavior, and why uncertainty—not automation—should be guiding future workforce strategies.Rebuilding Boeing: Engineering, Ethics, and Organizational Change
09:38|Greg Shea, Adjunct Professor of Management and Senior Fellow at the Wharton Center for Leadership and Change, outlines how Boeing’s long-term shift away from its engineering roots has led to widespread reputational damage and organizational dysfunction—and what its leadership must do to repair both internal culture and external credibility.What the Reconciliation Bill Means for U.S. Households
09:59|Kent Smetters, Faculty Director of the Penn Wharton Budget Model and Professor of Business Economics and Public Policy at the Wharton School, discusses the newly passed reconciliation bill—highlighting its projected $3.6 trillion increase to the national debt, minimal near-term economic growth, and long-term GDP decline, along with how the legislation may reduce resources for lower-income households.Ask ChatGPTAutomatic Enrollment, Tax Fears, and the 401(k) Surge
09:47|Olivia Mitchell, Professor and Executive Director of the Pension Research Council at the Wharton School, joins the show to discuss Fidelity’s latest data showing record-high retirement saving rates, explore the policy and psychological factors driving increased 401(k) participation, and examine how generational trends, employer incentives, and concerns over Social Security and national debt are shaping the future of retirement preparedness.User Choice, Defaults, and the Future of Search
10:30|Leon Musolff, Wharton Assistant Professor of Business Economics and Public Policy, discusses findings from a recent field experiment showing how default search engine settings significantly influence user choice, highlighting the implications for antitrust policy and competition between Google and Bing.How the First Sale Rule Helps Offset Tariff Costs
09:56|David Zaring, Wharton Professor of Legal Studies and Business Ethics, explains how the long-standing First Sale Rule allows U.S. companies to reduce tariff costs by structuring international transactions strategically and maintaining thorough supply chain documentation.Markets Brace for Tariffs and Look to AI for Relief
09:44|Jeremy Siegel, Wharton Emeritus Professor of Finance and Senior Economist at WisdomTree, discusses how markets are reacting to global instability, the possibility of renewed tariffs, and the Federal Reserve’s stance on interest rates, while highlighting how artificial intelligence could help offset economic challenges.