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UPenn is searching for a new president in the wake of Liz Magill's resignation following her controversial testimony about the university's handling of antisemitism.
A number of banking experts have predicted the U.S. is headed for a recession.
According to economists at Apollo Management, a Fed-induced "default cycle" has begun, putting a stock market crash back on the table.
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"The ongoing rise in default rates is not just a 'normalization.' It is the direct consequence of Fed hikes."