Bloomberg’s Israel Bureau Chief Ethan Bronner and contributor Fadwa Hodali join host Rosalind Matheison for the latest on the truce between Israel and Hamas as negotiations continue over the release of hostages in Gaza and Palestinian prisoners in Israel. Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at [email protected] omnystudio.com/listener for privacy information.

China's real estate market was once valued at more than $50 trillion. It made up a full quarter of the country's entire economy and made millions of people really rich. Now, it's in tatters, and upending hundreds of thousands of lives.In this episode, Bloomberg's Lulu Chen and Janet Paskin zoom in on the story of Huailan - a 35-year-old mother of two in North East China - and how her life took a sharp turn when Country Garden, China's biggest developer, defaulted.  Read more:China Drafts List of 50 Property Firms Eligible for FundingChina’s Property Crisis I

Bloomberg reporters Shawn Donnan and Claire Ballentine join this episode to discuss the results of a new Harris Poll for Bloomberg News, which found that the US Federal Reserve’s rapid increase in interest rates—aimed at fighting inflation—have more middle-class Americans worried about the economy than a year ago, even amid near-record employment.  Read more: Middle-Class Americans Are Rattled by Fed’s Fight Against Inflation  Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at <a href="mailto:[email protected]

We’re taking a break today for the Thanksgiving holiday. Here’s a favorite episode from August that you might have missed. We’ll be back on Monday with a new episode. Have a great weekend. And thanks for listening! America’s first major offshore wind farm in the Atlantic Ocean is now under construction 15 miles south of Nantucket, off the coast of Massachusetts. Once complete, the 800-megawatt project is expected to generate enough electricity to power 400,000 homes. But with inflation and rising interest rates stifling progress on some other wind projects, will the Biden administration reach its 2030 goal of generating 30 gigawatts of power from offshore turbines? Bloomberg’s Will Wade went out to see the Massachusetts project, and he joins this episode to explain the promise–and the problems–of erecting wind power on such a large scale. And Nick Schulz, a commercial diver workin

We’re taking a break today for the Thanksgiving holiday. Here’s a favorite episode from October that you might have missed. We’ll be back on Monday. Thanks for listening! Bloomberg’s Lucas Shaw and Sohee Kim join this episode to talk about Bang Si-Hyuk, South Korea’s enormously successful music mogul. The billionaire has built a K-pop empire with bands like BTS and New Jeans, and he’s now looking to expand on that model with a new, global act based in the US. Read more: The K-Pop Mogul Behind BTS Is Building the Next BTS Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJ

We're taking a break this week for the Thanksgiving holiday, so here's an episode you might have missed. We'll be back on Monday with a new episode. The US Space Force, established in 2019, is the first new branch of the military to be created since 1947, and its mission is vast: defend US interests in space. But what exactly is the Space Force? And what does defending US interests in space mean or look like practically? As the nearly $900 billion defense spending bill winds its way through Congress, Wes went to the Pentagon to sit down with General David Thompson, the Vice Chief of Space Operations to learn what US interests in space are, and how the branch is developing. Bloomberg cybersecurity reporter Katrina Manson joins later to describe her visit to Space Command in Colorado and the importance of the US keeping a watch on its adversaries in zero gravity. Listen

We're taking a break this week for the Thanksgiving holiday, so here's an episode you might have missed. We'll be back on Monday with a new episode. Hundreds of thousands of people charged with crimes in the US each year are incarcerated while they await trial. Often it’s because they can’t afford to pay bail. New York City’s pretrial supervised release program aims to change that. A judge can opt to release some defendants under the supervision of a caseworker, who monitors their progress as they await their day in court. Bloomberg’s Fola Akinnibi and Sarah Holder join this episode to talk about how the program works, the fraught politics around it–and why it may become a blueprint for other cities and states. Read more: <a href="https://www.bloomberg.com/news/features/2023-08-30/nyc-s-cash-bail-reform-program-is

We're taking a break this week for the Thanksgiving holiday, so here's an episode you might have missed. We'll be back on Monday with a new episode. Even with a looming recession, high interest rates and a tight labor market, small businesses have been opening at record rates over the last few years, surpassing pre-pandemic levels. They’ve also been the primary driver of job creation in the US. Bloomberg reporter Enda Curran dug into why small businesses are having a moment—and the challenges owners are facing in this uncertain economy. Plus, meet the owners of a bakery and a microbrewery who discuss how they’ve been keeping their businesses afloat. Read more: The Pandemic Small-Business Boom Is Fueling the US Economy Listen to The Big Tak

Catch up on some of the week’s biggest US stories. Bloomberg’s Mario Parker, Megan Scully and Zoe Tillman join this episode to talk about the Congressional stopgap bill that has temporarily averted a government shutdown; the latest on Donald Trump’s legal battles; and the narrowing Republican presidential field. Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for the team? Reach us at [email protected] omnystudio.com/listener for privacy informatio

Congress averted a government shutdown with days to spare. The way lawmakers did it — by leaving out deep spending cuts and relying on a bipartisan coalition to pass the bill — has already put House Speaker Mike Johnson on thin ice with some hardliners in his party.
 That disdain for compromise among members of the right flank of the GOP are the very factors that cost the previous speaker his job. 
 None of the infighting came as a surprise to former Representative Denver Riggleman, who served one term in Congress as a Republican for Virginia’s fifth congressional district before losing a primary challenge from a more conservative candidate. 
 Like many in his party, Riggleman supported small government, the Second Amendment, and border security — but he also supported legalizing marijuana and providing some exceptions for abortion.
 “I was told I was a new type of Republican,” Riggleman said on the Big Take podcast.
 On this episode, Rigglema

The transition from combustion engines to electric vehicles is well under way. It's a critical part of a historic transformation that will soon affect all consumers and businesses alike. In the race to dominate the market for EVs, China has been the standout as US companies struggle to become competitive.  Bloomberg’s Colin McKerracher and Malcolm Scott join host Rosalind Mathieson to dig into how the EV revolution is shaking up the global economy. Read more: EV Market’s Surge Toward $57 Trillion Sparks Global Flashpoints Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK 

Bloomberg’s Paige Smith and Scott Carpenter join this episode to talk about why the subprime auto loan market is thriving—and what that means for lower-income car owners who face high interest rates and the possibility of losing their vehicles. Read more: How Wall Street Makes Millions Selling Car Loans Customers Can’t Repay  Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at [email protected] omnystudio.com/listener for privacy information.

Bloomberg’s Ashlee Vance joins this episode to talk about his exclusive reporting on Neuralink, Elon Musk’s brain implant startup that’s gearing up for its first human clinical trial.  Read more: Elon Musk’s Brain Implant Startup Is Ready to Start Surgery  Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at [email protected] omnystudio.com/listener for privacy information.

At Bloomberg, we’re always talking about the biggest business stories, and no one is bigger than Elon Musk. In this new chat weekly show, host David Papadopoulos and a panel of guests including Businessweek’s Max Chafkin, Tesla reporter Dana Hull, Big Tech editor Sarah Frier, and more, will break down the most important stories on Musk and his empire. Listen wherever you get your podcasts.See omnystudio.com/listener for privacy information.

What do Nike, Bud Light, Target and Disney have in common? They’re all brands that have been caught up in America’s political and culture wars. Corporations once tried to stay out of politics. Now they often find themselves under pressure from customers to take a stand on issues including racial discrimination, police violence and LGBTQ rights. And that’s sometimes led to protests and calls for boycotts. Bloomberg Businessweek’s national correspondent Joshua Green reports that many CEOs must now weigh which poses a bigger risk to their brands—speaking up or staying quiet. Read more: No One Understands Corporate Boycotts Like This Former Trump Researcher Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: <a href="https:

During the pandemic, the US government granted millions of homeowners a temporary pause in their mortgage payments. Hundreds of thousands of military veterans were among those who participated in the program. After the pause lifted, they thought they would pick up their payments where they’d left off. For many of them, that wasn’t the case. Bloomberg's Caleb Melby and Polly Mosendz join this episode to explain why veterans across the country have found themselves battling lenders that are threatening to foreclose on their homes—and what if anything is being done to help them. Read more: Veterans Got a Mortgage Break. Now They're Losing Their Homes Listen to The Big Take podcast every wee

New Hampshire Governor Chris Sununu is still playing the Republican presidential primary field. With a little more than two months until the first caucus, the four-term Republican governor still hasn't made a pick. And he’s a major voice in his party — someone who some Republicans and independents wish had run for president himself. He instead chose to advise other candidates in the race. “Republicans could be in real trouble in ’24,” Sununu told Senior Washington Correspondent Saleha Mohsin. “We lost in ’22.” Mohsin spoke with Sununu over Zoom about the third Republican presidential primary debate and what the 2024 election means for the future of the party.See omnystudio.com/listener for privacy information.

Bloomberg’s Pratik Parija and Kai Schultz join this episode to discuss why the packaged food and beverage industry has its sights set on India—and what that means for the health and wellbeing of the 1.4 billion people who live there. Read more: Junk Food's $30 Billion Opening Is India's Next Health Crisis  Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at [email protected] omnystudio.com/listener for privacy information.

The Taiwan-based company Foxconn builds roughly two out of every three iPhones, along with the Google Pixel, Amazon Kindle, Nintendo Switch and a slew of other popular products. Bloomberg’s Reed Stevenson joins this episode to talk about Foxconn’s ambitious new goal: to become a major manufacturer of electric vehicles.  Read more: Foxconn Makes Your iPhone. Now It Wants to Make Your Electric Car Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at [email protected] omnystudio.com/listener for priv

Bloomberg’s Henry Meyer and Galit Altstein join this episode with an update on the Israel-Hamas war, including the growing humanitarian crisis in Gaza; calls from the US and other nations for a pause in the fighting; and the latest on negotiations to free the hundreds of hostages Hamas is holding in Gaza. Read more: Israel’s Step-by-Step Gaza Offensive Risks Longer Deadly War Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at [email protected] <a href="https://

Sam Bankman-Fried was convicted of a massive fraud that led to the collapse of his FTX exchange, following a month-long trial that pitted the testimony of the former crypto king against that of some of his closest friends.  Bankman-Fried was found guilty of seven counts of fraud and conspiracy after jurors in Manhattan deliberated for less than five hours Thursday. He faces as much as 20 years in prison on each of the most serious charges. Judge Lewis Kaplan set a sentencing date in March.See omnystudio.com/listener for privacy information.

In November 2021, President Joe Biden signed the $1.2 trillion Bipartisan Infrastructure Act into law. That hasn’t translated into a clear political win for a president seeking reelection, though.  According to a recent Bloomberg/Morning Consult poll, only 38% of voters in seven swing states say they trust President Joe Biden to handle infrastructure, compared to 42% who trust former President Donald Trump. That’s not just bad news for Biden, it’s bad news for White House Senior Advisor Mitch Landrieu, the president’s “infrastructure coordinator.” Senior Washington Correspondent Saleha Mohsin sat down with Landrieu for The Big Take. Landrieu discussed the challenges facing an administration that wants credit for uniting Congress on this historic investment, and how his experience in local and state government rebuilding New Orleans after Hurricane Katrina informs his approach.See omnystudio.com/listener for privacy

Bloomberg’s Zoe Tillman and Sara Forden join this episode for an update on former president Donald Trump’s ongoing legal troubles—including gag orders that restrict what he can say about cases in DC and New York, plea deals in the Georgia case by some of his former lawyers, and attempts to invoke the Constitution to remove Trump from the 2024 ballot in at least two states. Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK Have questions or comments for Wes and the team? Reach us at [email protected] omnystudio.com/listener for privacy information.

Bloomberg’s Agnieszka de Sousa joins this episode to discuss why concerns about food security have become a top issue in elections around the world—including in Argentina, Poland, New Zealand and India. And food security expert Tim Benton of Chatham House talks about what can be done to relieve growing global tensions over food. Read more: Food Is Hot Campaign Issue in Elections From Argentina to Poland  Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at [email protected] omnystudio.com

Bloomberg’s Jessica Brice and Michael Smith join this episode to talk about how and why the US Commerce Department is helping the firearms industry find overseas buyers for American-made guns. Read more: How Hundreds of US Government Employees Became Gun Industry Sales Reps  Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at [email protected] omnystudio.com/listener for privacy information.

Taylor Swift’s monumental success is due to her talent as a performer — as well as her business acumen. Bloomberg’s Devon Pendleton and Claire Ballentine join this episode to talk about how the pop star has taken ownership of her music, built a fiercely loyal fan base–and become a billionaire in the process. Read more: Taylor Swift Vaults to Billionaire Ranks With Blockbuster Eras Tour Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at [email protected] omnystudio.com/li

On Wednesday, after a three-week battle in the US House of Representatives, Republicans voted in a new House speaker to replace ousted speaker Kevin McCarthy. Bloomberg congressional editor Megan Scully joins this episode to answer the question people inside Washington and around the US are now asking: Who is Mike Johnson? Read more: What to Know About Trump-Backed Speaker Mike Johnson Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at [email protected] omnystudio.com/listener for privacy information.

Julie Johnsson and Siddharth Vikram Philip join this episode to discuss Bloomberg’s investigation into sales of airplane components with falsified documentation. Read more: Ghost in the Machine: How Fake Parts Infiltrated Airline Fleets  Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at [email protected] omnystudio.com/listener for privacy information.

Bloomberg’s Israel Bureau Chief Ethan Bronner joins this episode to talk about the latest developments in the Israel-Hamas war.Read more: Hostages and Hezbollah Force Israel to Rethink Gaza Ground War Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK Have questions or comments for Wes and the team? Reach us at [email protected] omnystudio.com/listener for privacy information.

Bloomberg’s Thomas Black joins this episode to talk about the progress being made in developing autonomous trucks—including the 18-wheelers that deliver goods across the US. Three companies are now testing them in Texas, and trucks without drivers could be rolling down US highways as early as next year. Plus, Chris Urmson, CEO of Aurora, one of the companies  testing in Texas, discusses the road to developing driverless truck technology. Read more: Goodbye, California. Driverless Trucks Are Headed to Texas Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at <a href="mailto:bigtake@bloomberg

Bloomberg’s Rebecca Choong Wilkins joins this episode to talk about this week’s meeting of Xi Jinping and Vladimir Putin in Beijing, and what it says about the complicated relationship between the two men and the nations they lead. Read more: Will Xi Jinping’s Gamble on Vladimir Putin Pay Off? Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at [email protected] omnystudio.com/listener for privacy information.

Bloomberg's Jackie Davalos joins this episode to talk about Kindbody, a startup that operates fertility clinics around the US—and the challenges the company has faced as it expands. Read more: Embryo Errors, Flooded Clinics: Kindbody and IVF's Risky Business Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at [email protected] omnystudio.com/listener for privacy information.

Bloomberg’s Lucas Shaw and Sohee Kim join this episode to talk about Bang Si-Hyuk, South Korea’s enormously successful music mogul. The billionaire has built a K-pop empire with bands like BTS and New Jeans, and he’s now looking to expand on that model with a new, global act based in the US. Read more: The K-Pop Mogul Behind BTS Is Building the Next BTS Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at [email protected] om

Bloomberg’s Israel bureau chief Ethan Bronner joins this episode from Tel Aviv to talk about Israel’s expected ground invasion of Gaza, and the intense diplomatic efforts by the US and other nations to avert a broader conflict in the Middle East. Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at [email protected] omnystudio.com/listener for privacy information.

Bloomberg’s Ike Swetlitz and Riley Griffin join this episode to discuss what’s driving the shortage of generic drugs in the US, including amoxicillin, and what can be done to restore supplies. Read more: A Key American Plant Making Antibiotics for Kids Risks Shutting Down Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at [email protected] omnystudio.com/listener for privacy information.

Bloomberg’s Piotr Skolimowski and Andrea Dudik join this episode to discuss why Poland’s parliamentary elections will determine the nation’s social and political standing in Western Europe. Read more: Europe at War Can’t Ignore Poland’s Bitter Election Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at [email protected] omnystudio.com/listener for privacy information.

Bob Iger, The Walt Disney Company’s hugely successful CEO, came out of retirement last November and once again took the helm of the entertainment giant. But the company, and the industry, are facing tough new challenges. Bloomberg’s Thomas Buckley joins this episode to talk about Iger’s efforts to put Disney on solid footing for the future. Read more: Has Bob Iger Lost the Magic? Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at [email protected] omnystudio.com/listener for privacy information.

The US Justice Department’s case against Google and the case against Amazon brought by the Federal Trade Commission are considered two of the most consequential antitrust actions of the modern online era. What’s at stake for the companies–and consumers–when it comes to how we search online and what we buy? Bloomberg’s Leah Nylen is covering these cases. She joins this episode to explain the government’s argument that the companies are stifling competition–and what Google and Amazon have to say about it. Read more: Microsoft Considered Investing Billions in Apple Deal to Compete With Google Search Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  <p

Bloomberg’s Rosalind Mathieson joins this episode to discuss the attack on Israel by Hamas, Israel’s swift military response—and concerns about the possibility of an escalating conflict across the region. Read more: A Fractured Israel Unites Around a Singular Goal: Crush the Enemy Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at [email protected] omnystudio.com/listener for privacy information.

Public schools across the US are getting ready for a financial blow next year, when $190 billion in federal pandemic aid runs out. Bloomberg’s Shruti Singh and Nic Querolo join this episode to discuss the challenges facing school districts, including teacher burnout. And Charles Ebea, a school counselor in the Bronx, New York, shares his perspective. Read more: Pandemic Aid for Public Schools Is Running Out. That’s Leaving Districts Under Pressure Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at <a href="mailto:[email protected]"

Bloomberg’s Chief U.S. Economist Anna Wong joins this episode to make the case for why a recession is still more likely than not.  Read more: Why a US Recession Is Still Likely — and Coming Soon Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at [email protected] omnystudio.com/listener for privacy information.

Today on The Big Take, Bloomberg’s Justina Lee and Sam Potter take us inside how artificial intelligence is changing the way financial firms and other market players make decisions about what to buy and sell. Can AI beat the market? Do we want it to? We also hear from Renee Yao, the founder of an investment firm that’s all in on AI.  Read more: Can AI Beat the Market? Wall Street Is Desperate to Try Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at [email protected].<p

The US established Federal Home Loan Banks almost a century ago to make it easier for people to buy a home. Although these institutions have billions of dollars to lend, many people are still struggling to get approved for a mortgage. Bloomberg’s Heather Perlberg and Noah Buhayar join this episode to talk about why that is—and what’s being done to fix it.  Read more: Flawed US Home-Loan System Neglects the Buyers Who Need It Most Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at b

Bloomberg’s Peter Elstrom and Mackenzie Hawkins join this episode to explain why the microchip inside Huawei’s new Mate 60 Pro phone is alarming the US government.  Read more: Huawei Takes Revenge as China Catches Up on Semiconductors Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at [email protected] omnystudio.com/listener for privacy information.

Even with a looming recession, high interest rates and a tight labor market, small businesses have been opening at record rates over the last few years, surpassing pre-pandemic levels. They’ve also been the primary driver of job creation in the US. Bloomberg reporter Enda Curran dug into why small businesses are having a moment—and the challenges owners are facing in this uncertain economy. Plus, meet the owners of a bakery and a microbrewery who discuss how they’ve been keeping their businesses afloat. Read more: The Pandemic Small-Business Boom Is Fueling the US Economy Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for

The US narrowly averted a disruptive and costly shutdown of federal agencies as Congress passed compromise legislation to keep the government running until November 17th. House Speaker Kevin McCarthy’s embrace of the bipartisan deal has triggered a mutiny by far-right Republicans to depose him from his role. Bloomberg Washington Correspondent Joe Mathieu is joined by Bloomberg's Jack Fitzpatrick and Laura Davison to discuss the road ahead. Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for the team? Reach us at [email protected] omnystudio.com/listener for privacy information.

Google is able to collect a lot of information about the people who use its products on their phones, including where they are at any given time. A growing number of police departments across the US are seeking to obtain this data from Google to help solve crimes. Bloomberg’s Davey Alba and Julia Love join this episode to weigh the pros and cons of using location data in law enforcement, and the privacy concerns it raises. And Travis Staab, a police detective in Arizona, shares how he and his colleagues have used the information to track down suspects. Read more: Google User Data Has Become a Favorite Police Shortcut Listen to The Big Take podcast every weekday and subscribe to our daily new

Guatemala-based Megapaca is the number one importer of used clothing from the United States. The company has seen massive success in secondhand retail in Latin America, and now they have their sights set on expanding to the US.Bloomberg’s Adam Minter walks us through this complex, data-driven operation. And Megapaca's back-office manager Jose Rivera talks about the company’s ethos and its goal to become the leading seller of used clothing in the world. Read more: The Massive Guatemalan Operation That Wants to Sell Americans Their Old Clothes Back Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at bi

Bloomberg’s Hannah Miller is back today to explain why Sam Altman’s Worldcoin is collecting iris scans in exchange for crypto tokens. Read more: Worldcoin’s Eyeball-Scanning Crypto Dream Is Under Threat Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at [email protected] omnystudio.com/listener for privacy information.

After the murder of George Floyd and subsequent protests in 2020, corporate America made bold promises to address racial disparities in the workplace. And they delivered. Bloomberg’s Jeff Green and Rebecca Greenfield join this episode to dig into the data about US companies’ DEI efforts. Read more: Corporate America Promised to Hire a Lot More People of Color.It Actually Did. Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at <a h

Hundreds of thousands of people charged with crimes in the US each year are incarcerated while they await trial. Often it’s because they can’t afford to pay bail. New York City’s pretrial supervised release program aims to change that. A judge can opt to release some defendants under the supervision of a caseworker, who monitors their progress as they await their day in court. Bloomberg’s Fola Akinnibi and Sarah Holder join this episode to talk about how the program works, the fraught politics around it–and why it may become a blueprint for other cities and states. Read more: America Is the World Leader in Locking People Up. One City Found a Fix Listen to The Big Take podcast eve

Catch up on some of the week’s biggest stories from the US and across the globe. Bloomberg’s Rosalind Mathieson, Mario Parker and Ben Sills join this episode to talk about the major issues on the table at the United Nations meeting in New York; the Biden administration’s push for a deal between Israel and Saudi Arabia; and the ongoing US auto workers strike.  Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at [email protected] omnystudio.com/listener for privacy information.

Bloomberg’s Shawn Donnan and Maeva Cousin join this episode to explain how rising political tensions around the world are leading to a re-ordering of trade and commerce into rival economic blocs. Read more: The Global Economy Enters an Era of Upheaval Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at [email protected] omnystudio.com/listener for privacy information.

The Dollar General retail chain has 19,000-plus locations, more than Walmart and Wendy’s combined. Its business model is to open in towns too small to support bigger retailers, sell necessities at low prices and keep staff to a minimum, sometimes as few as one or two people per shift. This bare bones approach has led to profits but also numerous OSHA citations and millions of dollars in proposed fines against the company since 2017.  Bloomberg reporters Josh Eidelson and Brendan Case join this episode to talk about their reporting on Dollar General, what current and former employees say about what it’s like to work there–and how the company has responded.  Read more: Why Dollar General Might

Bloomberg Businessweek national political correspondent Joshua Green joins this episode to describe a political phenomenon that’s emerging in parts of the US: red states encroaching on blue cities. In Nashville, Austin and elsewhere, Republican legislatures have successfully used supermajorities to block liberal reforms and enact conservative policies. Read more: The Hostile Takeover of Blue Cities by Red States Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at [email protected] omnystudio.com/liste

On Friday, US auto workers started an unprecedented strike against all three of the legacy Detroit carmakers. If the standoff isn’t resolved quickly, it could ripple through the US economy.  Bloomberg’s Detroit Bureau Chief David Welch joins this episode to talk about what the union is demanding–and whether the companies will give them what they want.Read more: How Auto Executives Misread the UAW and Ignited a Historic Strike Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and t

There were many global issues on the table at the G-20 summit in New Delhi. But arguably the real center of attention at the India meeting was India itself–and the ambitious agenda of Prime Minister Narendra Modi. Bloomberg’s Sudhi Ranjan Sen and Daniel Ten Kate join this episode to discuss what came out of the gathering of leaders—and how India is asserting itself on the world stage. Read more: India’s Moment Has Arrived, and Modi Wants a New Global Order Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at <a href="

Retail work has always been hard – long hours and weekend shifts on your feet, a lower pay scale and dealing with disgruntled customers. But in our post-pandemic economy, those issues have only been amplified with shoppers behaving badly and wages not keeping up with inflation, while employees take on ever-expanding roles. As a result, many workers are deciding the job just isn’t worth it. Bloomberg’s Devin Leonard and Rebecca Greenfield explain the decline of retail workers’ sense of value and respect that is leading them to quit in droves. And retail reporter Olivia Rockeman talks about the broader challenges facing brick and mortar stores as they try to compete with growing online sales. Read more: <a href="https://www.bloomberg.com/news/

Since the 1970s, carbon capture and storage (CSS) has been held up as one potential tool to help combat global warming. The idea is to capture carbon dioxide released in the production of fossil fuels like coal, oil and natural gas, and store it deep underground–instead of letting it escape into the atmosphere. But despite billions of dollars spent, the technology hasn’t quite lived up to expectations. Bloomberg’s Stephen Stapczynski and David Stringer report that now is the make or break time for carbon capture to prove its worth, and they join this episode to talk about whether it’s up to the challenge of slowing climate change. Read more: Big Oil’s Climate Fix Is Running Out of Time to Prove Itself Listen to The

For decades, companies looking to lower costs have resorted to offshoring—moving their manufacturing to China and other nations in Asia. But US-China tensions and a desire to simplify long, complex supply chains are now leading a growing number of businesses that serve US customers to do the reverse—“nearshoring.”  They’re relocating some or all of their operations to Mexico. Bloomberg’s Maya Averbuch and Leda Alvim join this episode to talk about Mexico’s manufacturing boom in everything from electric vehicles to baked goods—and why it’s a critical moment for the country’s economy. Read more: Mexico’s Moment: The Biggest US Trading Partner Is No Longer China Listen to The Big Take podcast every weekday and subscribe to our daily

By now, most people across the globe have returned to pre-pandemic routines like traveling and going to the movies. But when it comes to where they work, many remote employees want to leave their offices in the past. Bloomberg’s Matthew Boyle joins this episode to discuss companies’ ongoing battle to lure employees back to in-person work, and where the return-to-office movement has gained the most traction around the world. Read more: Return-to-Office Is a $1.3 Trillion Problem Few Have Figured Out Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at [email protected]

A cheap, illegal amphetamine called captagon is raising alarm around the globe after circulating for years in the Middle East. The US and its allies say much of the world’s supply of captagon is made in Syria–and that the government of President Bashar Al-Assad is using captagon sales abroad to cushion the financial blow of Western sanctions on Syria. Bloomberg’s Sam Dagher and Samy Adghirni join this episode to describe captagon’s rise from 1960s German pharmaceutical to pervasive street drug, and why European officials are so concerned about a possible influx within their borders. Caroline Rose, Director of the Captagon Trade Project at the New Lines Institute explains how the US is responding to the spread of captagon. Read more: <a href="https://www.bloomberg.com/news/articles/2023-08-17/-3-narcotic-pill-sold-in-

Growing sales of electric vehicles around the world have also come with growing pains. In China, outdated models no one wants pile up in vast EV graveyards. In Norway, tax breaks for electric car buyers have been so successful that the government faces a revenue shortfall. Bloomberg’s Linda Lew and Businessweek contributor Willem Marx join this episode to talk about the upsides—and downsides—of the EV boom. And Oslo city councilman Eivind Trædal explains why electric cars can sometimes make the problem of traffic-clogged streets even worse. Read more: China’s Abandoned, Obsolete Electric Cars Are Piling Up in Cities Listen to The Big Take podcast every weekday and subscribe to our daily newsletter:

The Apple “ecosystem” has tremendous appeal – sleek design, genius marketing and a myriad of products and services that are seamlessly compatible. This makes users feel at ease within its closed circuit. Unless they want to try something else.Bloomberg reporter Austin Carr decided to scale Apple’s walled garden to see if the grass was greener in the Android and Windows world. But his attempts to transfer his photos, messages and contacts to his new devices turned into a maddening, months-long saga. In this episode Austin details his experience– and explains why Apple put up those walls in the first place. Read more: iQuit: My Hellish Attempt to Leave Apple’s Walled Garden Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: <a hre

In 1978, NASA opened its astronaut training program to women. Bloomberg space reporter Loren Grush recounts their challenges and achievements in her new book The Six: The Untold Story of America’s First Women Astronauts. She joins this episode to talk about the extraordinary careers of Sally Ride, Judy Resnik, Anna Fisher, Kathy Sullivan, Shannon Lucid and Rhea Seddon—and the mark each astronaut left on the history and future of space exploration. Read more: How NASA Chose Its First Woman In Space Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at bigtake@

We're taking a break for the Labor Day Holiday in the US, so here's a favorite you might have missed. We'll be back at it tomorrow with a new episode.The tabletop roleplaying game Dungeons &amp; Dragons is approaching its 50th anniversary and it has never been more popular, attracting players of all ages to its analog charms. Now Hasbro, the toy company that owns it, is betting D&amp;D can be brought into the digital age and become a big moneymaker. Bloomberg correspondent Felix Gillette joins this episode to talk about why Dungeons &amp; Dragons is having a cultural — and economic — moment, and why it might not be so easy to persuade diehard fans to pay for a digital experience. Also, gaming retail store owner Lauren Bilanko shares what it’s like to run a business that caters to the D&amp;D crowd.</p

We're taking a pause this week to recharge our batteries. Here's one we love that you might have missed. We'll be back with fresh episodes next week.Earlier this year, India’s Supreme Court heard arguments on whether to legalize same-sex marriage. A verdict is expected in the fall. Bloomberg reporters Muneeza Naqvi and Kai Schultz join this episode from New Delhi to explain India’s rapid march toward affirming rights for LGBTQ people, and how a ruling in favor of same-sex marriage would be felt not just within the country but across Asia and beyond.  Then, Gurchaten Sandhu, program director at the International Lesbian, Gay, Bisexual, Trans and Intersex Association in Geneva takes a step back to talk about which countries have advanced marriage equality and where it is still outlawed. Liste

We're taking a pause this week, so here's a favorite episode you might have missed. We'll be back next week with some fresh episodes. For decades, inventors have tried and failed to make a smart gun. A company called Biofire now appears to have pulled it off. It uses both fingerprint scans and facial recognition so that only a registered user can fire it.But will anyone buy it? Will this technology become yet another point of contention between pro and anti-gun groups? Firearms advocates have long been skeptical of biometric weapons but they’ve also never run across one that actually worked. Bloomberg reporter Ashlee Vance joins this episode to talk about Biofire’s new smart gun, how it works, and what it’s like to use. We also hear from Biofire’s 26-year-old CEO Kai Kloepfer, who started working on the gun after the mass shooting in his home state of Colorado, when he

We're taking a break this week, so here's a favorite you might have missed. We'll be back with fresh episodes next week. Record temperatures in Texas and across the southern US this summer put immense strain on the electric grid, as residents battled the heat by cranking up the AC. But experts say grid pressure could get even worse this winter. Bloomberg’s Naureen Malik joins this episode to discuss whether America’s infrastructure can support an increasingly electrified economy—and what can be done to avoid mass blackouts in the coming months. Read more: America’s Biggest Power Source Wasn’t Built for Extreme Weather Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJ

We're taking a pause this week, so here's a favorite episode you might have missed. Thanks for listening. We'll be back with new episodes next week. As the saying goes: a lie gets halfway around the world before the truth has a chance to put its pants on. As AI is increasing productivity across industries, it’s also raising concern about how to regulate its output and keep it from putting many of us out of work. And as the next campaign season approaches, another question comes into focus: What about its potential to quickly create and spread misinformation about political rivals? Bloomberg’s Laura Davison and Emily Birnbaum raise the curtain on the little regulated and largely vexing ability to disseminate political hay and deepfakes via a chatbot. Read more: <a href="https://www.bloomberg.com/news/feat

We're taking a break this week, so here's a favorite episode you might have missed. Thanks so much for listening. We'll be back with new episodes next week. People around the world rely on satellites for their internet connections, credit card transactions–and even to keep track of time. Last year, a suspected Russian-led satellite hack exposed how vulnerable they are to security breaches, from individual hackers seeking to pilfer information for profit and governments looking to weaken their adversaries. Bloomberg reporter Katrina Manson joins this episode to discuss the fallout of the hack, and what companies and governments are doing to harden their systems against future attacks. Plus, James Pavur, a hacker and Pentagon cybersecurity expert, walks us through how satellites are compromised, and what we can do to keep our own data from being stolen.  Read more here:

China’s economic slowdown is catching the attention of countries around the world as they brace for a possible hit to their own economies. Bloomberg’s Rebecca Choong Wilkins and Tom Hancock discuss why President Xi Jinping is avoiding a big stimulus package and instead allowing China’s economy to run “cold”—and how long it may take to turn things around. Read more: Run It Cold: Why Xi Jinping Is Letting China’s Economy Flail Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at [email protected]

About half of the enriched uranium that nations around the world use for nuclear power comes from Russia. It supplies almost a quarter of America’s 92 nuclear reactors and dozens of other plants across Europe and Asia. The US is now trying to change that with a big push to build up its own capabilities. Bloomberg’s Jonathan Tirone and Will Wade join this episode to talk about what it will take for the US and its allies to free themselves from Russian uranium. Read more: The Manhattan Project to Wean the World Off Russian Uranium Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or

Donald Trump says he’ll be a no-show tonight at the first Republican debate of the 2024 US presidential campaign. Still, at least one of his rivals for the party nomination is expected to take square aim at the former president: Chris Christie. The former New Jersey governor who once supported Trump is now his loudest Republican critic. So far, his low ranking in the polls suggests that attacking the most popular man in the party is not the way to win over Republican voters. But does Christie really have his eye on the White House, or does he just hope to stop Trump from moving back in?Bloomberg Businessweek national correspondent Joshua Green has been following Christie on the campaign trail, and he joins this episode to answer the question on the minds of Republicans across the country: What does Chris Christie really want?  Read more: <a href="https://www.bloomberg.com/news/features/

By now we’re familiar with the many ways hackers and scammers try to fool us into handing over our personal data–and our money. But the thieves keep getting more sophisticated. And now they have a powerful new tool at their disposal: artificial intelligence, which can mimic websites, financial documents and even our faces and voices. In this episode, Bloomberg’s Nabila Ahmed and Adam Haigh talk about the new wave of financial fraud that’s taking shape–and how banks and governments are racing to keep up. Read more: Deepfake Imposter Scams Are Driving a New Wave of Fraud Listen to The Big Take podcast every weekday and subscribe to our daily newsletter:

America’s first major offshore wind farm in the Atlantic Ocean is now under construction 15 miles south of Nantucket, off the coast of Massachusetts. Once complete, the 800-megawatt project is expected to generate enough electricity to power 400,000 homes. But with inflation and rising interest rates stifling progress on some other wind projects, will the Biden administration reach its 2030 goal of generating 30 gigawatts of power from offshore turbines? Bloomberg’s Will Wade went out to see the Massachusetts project, and he joins this episode to explain the promise–and the problems–of erecting wind power on such a large scale. And Nick Schulz, a commercial diver working on the project, describes what it's like to build a massive turbine installation in deep water. Read more: <a href="https://www.bloomberg.com/news/articles/2023-08-04/atlantic-s-biggest-offshore-wind-turbine-to-rise-next-week-in-us

The US and Iran recently announced a surprise agreement: Both nations will release prisoners, and the US will unfreeze billions of dollars in Iranian oil revenue. Bloomberg’s Courtney McBride joins this episode to discuss what we know about the terms of the deal, and what it suggests about the possibility of renewed negotiations over Iran’s nuclear program. Plus, Ali Vaez, Iran Project Director at the International Crisis Group, weighs in on what’s ahead for the Iran-US relationship. Read more: Iran Transfers US Citizens From Prison in Step Toward Deal Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at <a hr

The recent congressional hearing on unidentified aerial phenomenon–also known as UAPs– gave a high-profile platform to what we used to call UFOs. But why now–and was this a substantive government inquiry or a summertime Washington diversion?  Bloomberg’s Roxana Tiron and Megan Scully join this episode to make sense of the hearing and claims that UAPs may pose a threat to national security. And astronomer Seth Shostak gives his view of theories that some UAPs may be alien spacecraft. Read more: Close Encounters With UFOs Described to Congressional Committee  Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.b

Donald Trump was indicted on Monday for the fourth time since he left office. But this sweeping case, which zeroes in on Trump’s efforts to overturn the 2020 election in Georgia, is different from the other criminal cases brought against him in New York, Florida and Washington, DC. Most notably: the former president has been charged under racketeering laws often associated with efforts to prosecute mobsters. And some of Trump’s closest aides are also charged in the 41-count indictment, including his former lawyer Rudy Giuliani and former White House chief of staff Mark Meadows, along with 16 other people.Bloomberg’s Zoe Tillman and Erik Larson join this episode to talk about how the case will unfold from here–and why Trump will have a harder time securing a pardon–or avoiding prison–if he’s convicted. Read more: <a href="http

Taiwan’s current Vice President, ​​Lai Ching-te, leads the polls in the upcoming January presidential election. The winner will have a lot to contend with–and at the top of the list is how to keep the peace with China amid rising tensions. Bloomberg Businessweek editor Joel Weber sat down with Vice President Lai for several wide-ranging interviews in Taiwan.  Joel and Taipei deputy bureau chief Cindy Wang join this episode to talk about the challenges the next president will face in preserving a democratic Taiwan, and public concerns about the possibility of military conflict with China.  Read more: Taiwan’s Election Is All About War Listen to The Big Take podcast every weekday and s

You might think America’s top 10 percent would consider themselves rich – but a new Bloomberg survey finds that many of them don’t feel that way. Bloomberg’s Craig Giammona and Claire Ballentine join this episode to share what they learned when they asked people across the country a simple but not-so-simple question: How rich or poor do you feel today?  Plus, Yale social psychologist Michael Kraus discusses how perceptions of wealth shape our well-being, sense of self and relationship to others. Read more: Miami to Austin, Where Your Paycheck Would Go Further Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questi

Catch up on some of the week’s biggest stories from the US and across the globe. Bloomberg’s Marc Champion, Courtney McBride and Jordan Fabian join this episode to discuss the latest on the US presidential race and the coming Republican debates; rising tensions in the Black Sea; and the uneven global economic recovery. Plus, the stories they’ll be keeping a close eye on in the weeks ahead. Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at [email protected] omnystudio.com/listener for pri

Real estate planners often think about how to reduce a project’s carbon footprint. A new apartment complex under construction in Arizona is taking that idea one step further. Culdesac Tempe is designed to be entirely car-free. And not just for the good of the climate but as a lifestyle choice for people who want to get rid of the hassle and expense of a car-centric existence. But will large numbers of people really choose to ditch their cars altogether? Bloomberg’s Ira Boudway went to Arizona to find out. Read more: This Development Wants Residents to Ditch Their Cars. In Phoenix. Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes an

When Tesla built the Model 3 — the first electric car for the masses — it was a breakthrough for the company and the start of a new chapter for the auto industry. A lot has changed since then, so Bloomberg rebooted a survey of 5,000 owners to ask how things held up. This time, their answers had a lot to do with the man behind the cars. Bloomberg’s Tom Randall shares some key takeaways from this new survey. Read more: Tesla Owners Have Soured on Elon Musk, But Still Love Their Model 3s Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at bi[email protected] <a href="https://omnystudio.com/

The Inflation Reduction Act has given the US an edge in future manufacturing, with billions of dollars in incentives to lure battery plants and chip makers to the US. But it’s also led to tension with close allies that can’t match the amounts the US is offering companies. Bloomberg’s Brian Platt, Gabrielle Coppola and Enda Curran join this episode to talk about how this competition—and the race to keep up with China—is reshaping the global green economy. Read more: Subsidy Wars Heat Up With US Allies Forced to Pay Up or Lose Out Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: <a href="https:

Three months into the writers’ and actors’ strike, the role of artificial intelligence in Hollywood has emerged as a central issue in the dispute between studios and creatives. Bloomberg’s Lucas Shaw joins this episode to discuss how studios are already using AI—and why writers and actors are so concerned about what it means for their livelihoods. Read more: AI in Hollywood Has Gone From Contract Sticking Point to Existential Crisis Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at [email protected] omnystudio.

Despite global efforts to slow the effects of climate change, July was the hottest month on record in over 125,000 years. The good news is, powerful new technology not available just a few years ago can help turn things around, if we get serious about taking action. Bloomberg’s Eric Roston, Zahra Hirji and John Ainger join this episode to discuss what it will take—and how much it will cost—to stop the warming of the world. Read more: An Overheating Planet Requires Extreme Climate Solutions Listen to The Big Take podcast every weekday and subsc

Donald Trump is expected to appear today in federal court in Washington, DC, where he faces criminal conspiracy charges that allege he interfered with the 2020 presidential election. It’s the third criminal case against the former president. Bloomberg’s Sara Forden and Zoe Tillman discuss what they’ll be watching for in the courtroom, as well as how Trump’s legal peril will shape his campaign in the weeks and months ahead. Read more: Trump Prepares for First Court Date in DC on New Federal Charges Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team

In early January, after a grueling 15 rounds of voting, House Speaker Kevin McCarthy negotiated some concessions with members of the far-right Freedom Caucus – more congressional power in exchange for their votes – to secure his speakership. McCarthy is now feeling the squeeze of their influence in several battles consuming the House. Bloomberg’s Megan Scully and Billy House join guest host Craig Gordon for a play-by-play of how the Freedom Caucus is exerting their brawn.Read more: McCarthy Ramps Up Talk of Potential Biden Impeachment Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: <a href="https://bloom.bg/3F3

In what’s being hailed as a ‘Great Reset,' how the world does business looks very different now than it did before Covid. Bloomberg Markets magazine sent reporters all around the globe to see what the new order of global trade looks like on the ground. Bloomberg’s Brendan Murray, Malcolm Scott and Jenny Leonard join guest host Rosalind Mathieson to discuss what they found. Read more: War, AI and Climate Change Shake Up $32 Trillion in Global Trade Listen to The Big Take podcast every weekday and subscribe to our daily newsle

The European Union became one of the first in the world to take wide-reaching action to regulate artificial intelligence when it passed a draft law in June. The proposal would put new guardrails around the use and development of artificial intelligence, including curbing the use of facial recognition software and increasing ChatGPT’s transparency. Bloomberg’s Jillian Deutsch joins guest host Rosalind Mathieson to talk about how the EU pulled ahead in the race to regulate AI, and why concerns are growing about AI being overregulated. Columbia Law School Professor Anu Bradford discusses what the global effect will be if this far-reaching regulatory framework is enacted into law. Read more: <a href="https://www.bloomberg.com/news/articles/2023-06-27/big-tech-companies-fight-ai-regulation-in-europe-ask-us-lawmakers-for-oversig

The Biden administration is preparing a new plan to cancel debt for some student loan borrowers, after the Supreme Court struck down its original attempt last month. Guest host Nancy Cook sits down with Democratic Senator Elizabeth Warren to ask how she’s advocating for the Biden administration’s plan B for student loan debt and why the issue has become such a hot button topic in Washington. Bloomberg’s Akayla Gardner forecasts what’s next as the political fight over student debt rages on. Read more: Biden Administration to Forgive $39 Billion in Student Debt Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK

Italian Prime Minister Giorgia Meloni came to power with a string of superlatives. She’s the country’s first female prime minister, and she’s brought in the most right-wing government in decades. Now, nine months into her term, she faces a series of tests: on China, the war in Ukraine and a looming EU recession. Bloomberg’s Chiara Albanese and Alessandra Migliaccio join guest host Rosalind Mathieson to talk about Meloni’s rise to power and where she plans to take Italy next. Read more: Giorgia Meloni Seeks to Cement Power by Remaking Corporate Italy Listen to The Big Take podcast every weekday and su

The US Space Force, established in 2019, is the first new branch of the military to be created since 1947, and its mission is vast: defend US interests in space. But what exactly is the Space Force? And what does defending US interests in space mean or look like practically? As the nearly $900 billion defense spending bill winds its way through Congress, Wes went to the Pentagon to sit down with General David Thompson, the Vice Chief of Space Operations to learn what US interests in space are, and how the branch is developing. Bloomberg cybersecurity reporter Katrina Manson joins later to describe her visit to Space Command in Colorado and the importance of the US keeping a watch on its adversaries in zero gravity. Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or commen

American-made guns are pouring into countries all over the globe, even more so after the US made it easier to export guns in 2020. Even as America’s mass shootings horrify the world and gun-crime rates rise in many of the importing countries, the US government is playing a key role as the firearm industry’s booster and concierge. Bloomberg’s Michael Riley, David Kocieniewski and Patpicha Tanakasempipat join this episode to talk about one gunmaker, Sig Sauer. It has benefited the most from the push for more gun exports and has found a large customer base in Thailand. Read more: How the US Drives Gun Exports and Fuels Violence Around the World

For years, park rangers in South Africa have tried to stop poachers who kill rhinos for their valuable horns. But it’s impossible to keep up–and rhinoceros populations have continued to fall. Bloomberg Businessweek contributor Jonathan Franklin reports that now, the rangers are taking a creative new approach to outmaneuver the poachers—and protect the animals. Read more: A Rhino Is Worth More Dead Than Alive Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at [email protected] omnystudio.com/listener for privacy information.

We’re trying something new today. Instead of bringing you just one important story, we’re rounding up some of the week’s biggest news from the US and across the globe. Bloomberg’s Nancy Cook, Craig Gordon and Rosalind Mathieson join this episode to discuss the latest from the 2024 campaign trail, the war in Ukraine and the high stakes talks between the US and China. Plus, they tell us what stories they’ll be keeping a close eye on in the weeks ahead. Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at [email protected] <a href="https://

Meta’s new Twitter-like social media platform called Threads is signing up users at a record pace. But will it last–and will it be a “Twitter killer”? Bloomberg Businessweek writer Max Chafkin is…skeptical. He says that after years of explosive growth, social media platforms like Twitter, Facebook and Instagram are facing big challenges. Many longtime users are spending less time each day scrolling through their feeds. Max joins this episode to talk about why people are putting down their phones and choosing to spend more time IRL. Read more: Threads, Twitter and the No-Attention Economy Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK Have questions or comm

Seven percent of US households and businesses lack basic broadband internet. The Biden administration plans to remedy that with $42 billion in federal broadband infrastructure grants that will be split up among the fifty states and US territories. Bloomberg telecommunications reporter Todd Shields joins this episode to discuss how local governments will spend this money, and what it will take to bridge the so-called digital divide. And Christine Hallquist, executive director of the Vermont Community Broadband Board, describes the challenges of bringing broadband to rural America. Read more: Biden Touts Billions for Broadband in Economic Pitch to Voters Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: <a href="https://bloom.b

The US Battery Belt, which stretches from Michigan to Georgia, has emerged as a regional hub for building electric vehicle batteries and other components critical to emerging technologies. But the push to bolster US manufacturing—soon to be flush with billions of dollars from Washington—is rubbing up against a shortage of skilled workers. Bloomberg reporters Mackenzie Hawkins and Reade Pickert join this episode to talk about Tennessee, a key Battery Belt state, where an education-focused plan is underway to recruit and train tomorrow’s workforce.  Read more: The US is Building Factories Again, But Who Will Work There? Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: <a href="https://bloom.bg/3F3E

Catalytic converters are a vital part of emissions reduction in gas-powered vehicles. But that’s not why they’ve been making headlines. Thieves across the US have been sawing them off cars because they contain precious metals like platinum, palladium and rhodium. Bloomberg Businessweek contributor Evan Ratliff is here to tell the tale of a $500 million catalytic converter theft ring—and how local police departments and federal law enforcement brought it down. Read more: How Cops Cracked a $500 Million Catalytic Converter Crime Ring Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at bigtake@bloomberg.

The world can’t wait for the 2023 Women’s World Cup, which starts later this month. Ticket sales are on track to smash records, and viewership has grown significantly since its 1991 inception. But when it comes to equity between the men’s and women’s tournaments,  there’s still a long way to go. Bloomberg’s Jennah Haque joins this episode to talk about why the Women’s World Cup still lags behind the men’s tournament in pay, prize money and all-important  media rights–and what’s being done to close the gap. Read more: World Cup Turns Up the Pressure for TV to Embrace Women's Soccer Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at <a href="mailto

The epic crash and burn of Sam Bankman-Fried’s FTX crypto empire in November was huge global news. Eight months later, the crypto world is still feeling the after-shocks—with embarrassed celebrity endorsers, a scrubbed stadium logo and billions of dollars drained from the accounts of ordinary people. Bloomberg’s Hannah Miller and Allyson Versprille join this episode to talk about the next big challenge for crypto exchanges: Washington. Federal agencies are taking a hard look at new regulations to police cryptocurrencies and protect investors–and taking legal action against some of the industry’s biggest players. Read more: Crypto Gets Its Moment of Clarity, But Not the One It W

As the saying goes: a lie gets halfway around the world before the truth has a chance to put its pants on. As AI is increasing productivity across industries, it’s also raising concern about how to regulate its output and keep it from putting many of us out of work. And as the next campaign season approaches, another question comes into focus: what about its potential to quickly create and spread misinformation about political rivals? Bloomberg’s Laura Davison and Emily Birnbaum raise the curtain on the little regulated and largely vexing ability to disseminate political hay and deepfakes via a chatbot. Read more: AI Is Making Politics Easier, Cheaper and More Dangerous Listen to The Bi

For decades, India has been a top player in global pharmaceuticals. But its drug regulatory system came under scrutiny after toxic chemicals were found in Indian-produced medicine that led to the deaths of scores of children in Gambia. Bloomberg reporter Zachary Mider and contributor Swati Gupta discuss their investigation into a pharmaceutical company and the ripple effects of its supply chain across the globe. Read more: Poisoned Cough Syrup Killed Kids. Authorities Cut the Investigation Short Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at [email protected]

What it means to be a conservative has changed dramatically in the decades since Ronald Reagan and Margaret Thatcher. Bloomberg Opinion’s Global Business Columnist Adrian Wooldridge argues not all of that change has been for the better. He joins this episode to talk about why he believes conservatism in the US and UK has lost sight of its roots—and what conservatives can do to find their way back. Read more: Conservatism Is In Crisis — But Can Be Rescued Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at [email protected]

She’s been an astronaut, a scientist and the president of the United States. Now Barbie is a movie star. Bloomberg’s Kelly Gilblom joins this episode to talk about Mattel’s bet that the $100 million Barbie movie debuting July 21 — and the launch of the company’s entertainment division — will revive its biggest brand, reel in new fans and help it reclaim the No. 1 spot of global toymaker. Read more: Mattel's Risky Bet on a Feminist Barbie Movie Just Might Work Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK See omnystudio.com/listener for privacy information.

This year’s NATO summit begins next week in Vilnius, Lithuania—and once again, the alliance’s response to the war in Ukraine is top of mind. Bloomberg’s Natalia Drozdiak and Niclas Rolander discuss this year’s agenda, including the implications of expanding NATO as Sweden’s membership bid hangs in the balance. Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at [email protected] omnystudio.com/listener for privacy information.

The American middle class is feeling the squeeze: inflation, wages that haven’t kept up, higher interest rates and fluctuating markets are all adding up to a loss of collective wealth. Bloomberg’s Shawn Donnan and a team of journalists are following the economic lives of two dozen middle class families across the country as we head into the 2024 election. In this first installment we hear from four of them. What does it mean to be middle class in America today–and how will their shifting fortunes influence the way they vote? Read more: The US Middle Class's Economic Anxiety Will Decide the 2024 Election Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for

The Big Take team is taking a break for the Fourth of July holiday in the US, so we wanted to share this episode you might have missed. Back tomorrow!---Bloomberg Businessweek contributor Mary Pilon joins this episode to talk about the promise–and challenges–of building a fanbase for the Women’s Football Alliance, an all-female, full-contact league that has 60 teams in four divisions across 32 states. And we head to a nighttime practice of the DC Divas, to hear from the players and coaches about why they love the game and what it means for women to play tackle football. Read more: Women Tackle Football With a Full-Contact League of Their Own. Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: <a href="https://bloom.bg/3F3EJA

Record temperatures in Texas and across the southern US are putting immense strain on the electric grid, as residents battle the heat by cranking up the AC. But experts say grid pressure could get even worse this winter. Bloomberg’s Naureen Malik joins this episode to discuss whether America’s infrastructure can support an increasingly electrified economy—and what can be done to avoid mass blackouts in the coming months. Read more: TBD Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at [email protected] omnystudio.com/listener for privacy information.

The US Supreme Court is wrapping up yet another eventful term, with decisions in major cases that will have a lasting impact on Americans’ lives. Bloomberg’s Greg Stohr and Zoe Tillman join this episode to talk about how in recent years, the high court has become more willing to assert its power and enhance its role among the three branches of government. At the same time, ethics controversies and rising public perception that the justices are sometimes overtly political have lowered confidence in the court.   Read more: An Aggressive Supreme Court Reshapes the US as Its Standing Erodes Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: <a href="http

In 2019, telecommunications companies were vying for a lucrative contract to upgrade Denmark’s cellular network to 5G. The competition came down to two finalists: The Swedish telecom Ericsson, and the Chinese technology giant Huawei. Then things got weird. Bloomberg Businessweek writers Jordan Robertson and Drake Bennett are back again with another captivating investigation–this one featuring eavesdropping, a drone and the frantic hunt for a suspected leaker. Read more: When a Huawei Bid Turned Into a Hunt for a Corporate Mole Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK 

For decades, Germany has been the driving force of Europe’s economy. But now, as it emerges from a winter recession, the nation’s resilience is showing signs of breaking down–and that could mean trouble for the rest of the continent. Bloomberg’s William Wilkes and Jana Randow join from Frankfurt to talk about why Germany has lost its economic edge–and what it will take to get it back. Read more: Europe’s Economic Engine Is Breaking Down Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at bigt

Millions of Americans depend on public assistance programs to help pay for food and make ends meet. But it’s not always easy for them to manage the red tape required to keep those benefits coming. Bloomberg Businessweek contributor Bryce Covert joins this episode with the story of a nonprofit called Code For America. It works with states to make navigating government bureaucracies less of a hassle. And we also hear from Code For America’s Genevieve Miller. Read more: How Many People Does It Take for the Government to Send a Text? Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK See omnystudio.com/listener

Moscow is quiet again after an armed insurrection in Russia over the weekend ended as quickly as it began. But the uprising has left President Vladimir Putin weakened in the eyes of many Kremlin watchers, including US and European officials. Bloomberg’s Flavia Krause-Jackson joins this episode to talk about what this unprecedented threat to Putin’s authority means for his hold on power. And how turmoil inside the Kremlin and at the top of the military could further complicate Russia’s war in Ukraine. Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at [email protected] omnystudio.com/listener for privacy information.

Americans love beef, and always have. But when it comes to the meat they actually choose to eat, chicken takes the crown. Bloomberg’s Matt Townsend and Leslie Patton join this episode to explain how poultry came to dominate the American diet. And historian Emelyn Rude shares what the past can tell us about where the industry goes from here. Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at [email protected] omnystudio.com/listener for privacy information.

Microsoft is a household name when it comes to Word docs, Excel spreadsheets and PowerPoint presentations, but it’s not the first name many people think of when it comes to cool new tech. At least until recently. The company’s big investment in OpenAI, the creator of ChatGPT, has now launched it to the forefront of tech innovation.  Bloomberg Businessweek writer Max Chafkin joins this episode to tell the story of how the company that once brought us Clippy the interactive paperclip became a power player in the new frontier of artificial intelligence. Read more: Microsoft’s Sudden AI Dominance Is Scrambling Silicon Valley’s Power Structure Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: <a href="https://bloom.bg/3

By 2030, people over the age of 65 in the US will outnumber those under 18. That’s in part because people are living longer—a testament to modern medicine. But are our health systems and social programs equipped to support so many seniors at the same time? Bloomberg reporter Priya Anand brings us the details on a tech startup that’s trying to fill part of the void in senior care—and the challenges it’s facing. And health economist Jonathan Skinner talks about how the US can actually meet the needs of aging Baby Boomers. Read more: Assault Allegations Plague a $1.4 Billion Home Eldercare Startup Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have question

Anti-immigration sentiment has been rising on the right in many countries around the world, including the US, UK, France and Italy–even as these nations are grappling with declining birth rates and aging work forces. Canada has decided to try an entirely different approach: welcoming in large numbers of immigrants to fill key jobs and boost the economy.  So, how’s it working? Bloomberg reporter Randy Thanthong-Knight walks us through the ups and downs of this ambitious experiment. Read more: Mass Immigration Experiment Gives Canada an Edge in Global Race for Labor Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK See <a href="https://o

NOTE: This episode originally aired in December 2022.---In the aftermath of the 2008 financial crisis, some of the biggest mortgage lenders in the US promised to extend billions in new loans to Black homebuyers. That hasn’t happened. Instead, the numbers are going in the opposite direction.Bloomberg senior economics writer Shawn Donnan joins this episode to talk about why banks have fallen short of the goal–and what it means for families across the country. Dedrick Asante-Muhammad of the National Community Reinvestment Coalition also joins to spell out what needs to be done to fix the problem. Read more: Big US Banks Fall Short on Promises to Create Black Homeowners  Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://

We’re on the cusp of a natural – but significant – shift from a cooling weather phase known as La Niña to its considerable opposite–El Niño. This change will bring warming trends globally, and many unwelcome consequences. In some parts of the world, past El Niño events brought drought that destroyed crops and added to fire risks. In other regions, it led to flooding that destroyed homes. El Niños have caused inflation spikes, sapped economic productivity, strained power grids, and driven up food prices. And the extreme heat can also create public health emergencies. Bloomberg’s Ben Sharples and Brian K Sullivan tell us what to expect from this El Niño, and how it will impact our lives.   Read more: This El Niño Threatens Ne

America’s affordable housing shortage has been getting worse for decades. Now, some states are trying to ease this crisis by enacting what's been called a “builder's remedy.” These are rules that override local zoning laws and allow developers to build housing in cities that fail to meet state targets.  It’s one of several carrots and sticks governors are wielding to pressure cities into freeing up land for development. What will it take to build enough affordable places to live across the US? Bloomberg CityLab writers  Kriston Capps and Sarah Holder highlight the pitfalls of the current housing shortage, and how states are getting creative to force change.   Read more: Housing-Strapped States Reach fo

As pressure mounts on lawmakers to regulate artificial intelligence, another problem area of the technology is emerging: AI-generated images. Early research shows these images can be biased and perpetuate stereotypes. Bloomberg reporters Dina Bass and Leonardo Nicoletti dug deep into the data that powers this technology, and they join this episode to talk about how AI image generation works—and whether it’s possible to train the models to produce better results. Read more: Humans Are Biased. Generative AI Is Even Worse Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at [email protected] <a href="https://o

Donald Trump enters a Miami courtroom today to hear federal criminal charges related to his handling of classified documents that he took with him when he left the White House. The former president also faces investigations into his attempts to overturn the results of the 2020 election and whether he bears some responsibility for the insurrection at the U.S. Capitol on January 6, 2021.  Bloomberg’s Sara Forden and Zoe Tillman dive into the details of the charges against Trump—and what happens next. Read more: Trump Indictment Highlights the Perils of Being His Lawyer Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloo

South Korea’s stock market is one of the largest in Asia. The nation is home to huge conglomerates including Samsung and Hyundai. And yet Korea is still listed as an emerging market — not a developed one — by MSCI, the investment research firm that provides influential market indexes. Korea argues it should be elevated to MSCI’s World Index, where it would sit alongside the US, UK, Germany and other developed economic powers. The company is expected to decide this month. Bloomberg’s Youkyung Lee and Henry Ren join this episode to talk about why this move matters so much to South Korea — and why some companies and market watchers are having second thoughts about whether such a move is a good idea — or even worth it.  Read more: <a href="https://www.bloomberg.com/news/features/2023-05-30/why-a-msci-korea-upgrade-to-developed-mar

Cities up and down the eastern coast of the US are experiencing record levels of air pollution from the recent Canadian wildfire smoke. The worsening air quality and associated health risks recall another major set of wildfires in recent years: the Black Summer bushfires that devastated many parts of Australia in 2019 and 2020. We're bringing you this recent episode about the bushfires, as wildfires and their health consequences become more frequent in the US, Europe, and around the globe. Bloomberg reporters Amy Bainbridge and Angus

For decades, African American activists, scholars, and elected officials have called for reparations to address the long legacy of slavery and racism in the US. Now, California is beginning to take action. The state has put together a reparations task force to make recommendations to lawmakers in this first attempt of its kind, which also hopes to serve as a template for other states. Who would be compensated, and how much would they receive? Bloomberg’s California Bureau Chief Karen Breslau joins this episode to share her reporting on the draft details of the plan. And Kamilah Moore, who chairs California’s Task Force to Study and Develop Reparation Proposals for African Americans, talks about their efforts to put numbers on injustice. Read more: <a href="https://www.bloomberg.com/news/features/2023-06-06/how-california-is-calculating-reparations-for-us-

European football is one of the world’s most popular sports, and billionaires, hedge funds, and sovereign wealth funds want a piece of it. They’re purchasing clubs, or stakes in them. But whether it’s for money, the love of the game, or positive PR—that depends on the owner. Bloomberg’s Giles Turner and Irene Garcia Perez join this episode to talk about the patchwork of club owners, and whether football is actually a winning investment. Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at [email protected] omnystudio.com/listener for privacy information.

Since the 1940s, summer camp has offered adventure, lifelong friendships, and…much-needed childcare for families. But these days, it’s fraught with high prices and limited openings. Bloomberg reporter Claire Suddath and Businessweek contributor Lydia Kiesling  join this episode to talk about why getting kids into summer camp has become such a pain point for many working parents. Read more: How Summer Camp Became Such a Hot Mess for Parents Listen to The Big Take

Syria is back in the 22-nation Arab League bloc after more than a decade of isolation. So what does this mean for countries outside the region, like the US? Bloomberg managing editor Sylvia Westall and reporter Daniel Flatley join guest host Rosalind Mathieson to talk about the impact of Syria’s reinstatement Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at [email protected] omnystudio.com/listener for privacy information.

The months-long fight over raising the debt ceiling is finally over. That means the threat of the US defaulting on its debts, and the resulting economic crisis, is off the table – at least for the next two years. So what happened? And how will it shape the economy, the political climate, and future debt negotiations? Bloomberg Congressional reporter Steven Dennis and White House reporter Jordan Fabian join guest host Nancy Cook to break down what the final agreement says and the impact it will have. Read more: Debt-Limit Deal Clears Congress, Ending Threat of US Default Listen to The Big Take podcast every weekday and s

In two recent open letters, leaders and developers of artificial intelligence called for a pause of large AI projects to take stock of their impact. In tandem, Sam Altman, OpenAI’s CEO, went to Congress to ask lawmakers to regulate his own industry. What can be done to keep developers in check while allowing innovation to flourish? Bloomberg AI reporters Dina Bass and Rachel Metz join guest host Craig Gordon to talk about these longtime AI whistleblowers and why the latest calls from industry leaders may be a sincere attempt to establish some rules of the road.  Read More: Microsof

Hegang, a remote coal town in northern China that faced a mountain of debt, was forced to undergo an unprecedented financial restructuring. And it’s not alone. A local debt problem in some of China’s cities threatens to be a drag on the world’s second-largest economy for years to come. Bloomberg’s Colum Murphy and James Mayger join this episode from Beijing to talk about what’s happening in Hegang and other cities, and why China’s local debt challenges may be felt well beyond its borders. Read more: China’s $23 Trillion Local Debt Mess Is About to Get Worse Listen to The Big Take podcast every weekday and

What is Adidas without Yeezy? It’s making a lot less money for starters. Last year, longtime collaborator Ye — previously known as Kanye West — finally pushed executives too far with his outbursts and a series of anti-Semitic rants. Adidas cut ties on a collaboration worth billions.  It left a gaping hole in Adidas’s profits and exposed the challenges that one of Germany’s biggest companies now faces. Bloomberg reporters Kim Bhasin and Tim Loh join this episode to walk through how it all unfolded, and where Adidas goes from here. Read more: <a href="https://www.bloomberg.com/news/features/2023-05-25/adidas-s-yeezy-mess-has-been-a-billion-dollar-nightmare-for-the-business?utm_medium=email&amp;utm_source=

Automation has crept into the way all kinds of products are manufactured, but machines have also been making inroads into a different type of industry: food services. Beyond touch screens and self checkouts taking over jobs once done by humans, restaurants and fast food chains are experimenting with robots to make your pizza and assemble your salad. Bloomberg Businessweek contributor Elizabeth Dunn joins this episode to talk about her reporting on Sweetgreen, a salad chain that’s taking its first leap into a largely automated experience in a Chicago-area location. And restaurant reporter Daniela Sirtori-Cortina looks at the public-facing side of restaurant automation. Read more: Sweetgreen Te

The Big Take team is taking a knee for the holiday, so we wanted to share one of our favorite episodes. Enjoy, we'll be back tomorrow!-------The global pet economy is expected to reach nearly half a trillion dollars by 2030. After a pandemic surge in pet adoptions, more people are buying ever more expensive food and toys for their furry friends. But beyond these routine costs, a growing number of owners are also shelling out thousands for veterinary care to treat complex illnesses and keep their pets alive for longer.  Bloomberg reporters Brendan Case and Nacha Cattan join this episode to give an expansive view of the industry, including how new diagnostic tools and medications are extending pet lifespans—and wearing down owners’ wallets. Listen to The Big Take podcast every weekday and subscribe to our daily newsle

The shale revolution has powered the US economy, shaken up oil markets, and shaped America’s foreign policy. That may soon begin to change as the growth in shale oil productions slows. Bloomberg Opinion columnist Javier Blas joins this episode to talk about how important the shale bonanza has been for the US, and what–if anything–can ultimately replace it.  Read more: Wall Street Is Finally Going to Make Money Off the Permian Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at bi[email protected] <a href="https://omnystudio.com/

Virtual private networks, or VPNs, first emerged in the 1990s as a way for employees to securely log in to their office computer from home. Now, VPN providers market them to people looking to protect their web searches, location, and personal data from advertisers and other prying eyes. They’re used for everything from streaming television shows to accessing websites blocked by authoritarian regimes. Bloomberg reporter Austin Carr joins this episode to talk about whether VPNs can live up to their promise to keep your online data safe and private.  Read more: VPNs Are Going Mainstream, and So Are Their Trust Issues Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have question

The US dollar is the world’s most-used currency for global transactions. Now China aims to elevate its currency as an alternative. Over the past year, President Xi Jinping's government has struck deals linked to the yuan stretching from Russia and Saudi Arabia to Brazil and even France. Bloomberg reporter George Lei joins this episode to talk about how China’s efforts to create a rival to the dollar are going so far–and its goals for the future. And reporter Rebecca Choong Wilkins walks us through the geopolitics contributing to this currency competition.Read more: China Takes the Yuan Global in Bid to Repel a Weaponized Dollar Listen to The Big Take podcast

The PGA Tour has long been the dominant force in US professional golf. But LIV Golf, an upstart backed with billions of dollars from Saudi Arabia, has lured away some top names. Can players compete in both organizations’ events? That’s the question at the heart of a court case between the two rivals. Bloomberg reporters Malathi Nayak, Erik Larson, and Ira Boudway join this episode to talk about why golfers and fans are so animated by this rivalry—and where the dispute goes from here. Read more: Golf’s Thorniest Grudge Matc

By now we’re all aware advertisers and apps collect data about our online lives. But the kind of information they compile about us–and the sheer amount of it–might surprise you. Dr. Johnny Ryan, an online tracking expert and senior fellow at the Irish Council for Civil Liberties, joins this episode to explain how details about where you are, where you go, and what you look at are widely distributed. And it’s not just advertisers who want to get to know you. Bloomberg cybersecurity reporter Ryan Gallagher tells us about a company in Israel that sells this data to law enforcement and intelligence agencies around the globe. Read more: Your Ad Data Is Now Powering Government Surveillance. Listen to The Big Take podcast every weekday and subscribe to our daily newsletter

Who doesn't love a little Sunday extra? Our team here at The Big Take wants to introduce you to the 1A Podcast, hosted by Jenn White, from WAMU and NPR. This show looks beyond the headlines to get to the heart of the story, and it's one of our favorites. Bloomberg News collaborated with 1A this week for a series called Life and Debt. This bonus episode of 1A we are sharing is from that series, and it's all about student loan debt. As the Supreme Court is considering the fate of President Biden’s student relief plan, the pandemic-era pause on student loan payments is about to end — so where does this leave the 40+ million Americans who carry this debt?See omnystudio.com/listener for privacy information.

The Black Summer bushfires devastated Australia in 2019 and 2020. As wildfires become more frequent in the US, Europe, and around the globe, Bloomberg reporters Amy Bainbridge and Angus Whitley join this episode to discuss what doctors have learned from Australia’s fires about the long-term health hazards of breathing wildfire smoke–especially for children. Read more: Wildfire’s Toxic Legacy Leaves Children Gasping for Air Years Later Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at bigtake@

Since the CHIPS and Science Act passed in 2022, the US Commerce Department has been working to create a network of research and development sites around the country, as part of the National Semiconductor Technology Center. The goal: to rebuild America’s domestic semiconductor capacity and competitiveness. Bloomberg reporter Eric Martin breaks down the CHIPS Act and what this tech center aims to accomplish. And Dr. Sarah Kreps, a government professor and Director of the Cornell University Tech Policy Institute, looks at the geopolitics and national security interests involved in moving US chip innovation forward. Read more: Biden Is Setting Up an $11 Billion Chips Network to Bolster US National Security. Listen to The Big Take podcast every weekday and subscribe to

This week, world leaders will convene in Hiroshima, Japan for the annual Group of Seven summit. Bloomberg executive editor Flavia Krause-Jackson and news director Rosalind Mathieson join this episode to share what they’ll be watching for—both in the public eye and behind the scenes.  Read more: China the Target of New G-7 Push Against ‘Economic Coercion’ Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at [email protected] omnystud

Cases of avian flu in birds have hit record levels globally—but so far, there’s no evidence of human-to-human transmission. Bloomberg reporters Suzi Ring and Michelle Fay Cortez discuss how scientists are tracking the virus after lessons learned from Covid-19. Then, Dr. Richard Webby of the World Health Organization talks about how communities can respond to and prevent bird flu outbreaks. Read more: Bird Flu's Surge Has Scientists Seeking Clues to Prevent the Next Pandemic Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us a

Bloomberg Businessweek contributor Mary Pilon joins this episode to talk about the promise–and challenges–of building a fanbase for the Women’s Football Alliance, an all-female, full-contact league that has 60 teams in four divisions across 32 states. And we head to a nighttime practice of the DC Divas, to hear from the players and coaches about why they love the game and what it means for women to play tackle football. Read more: Women Tackle Football With a Full-Contact League of Their Own. Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at [email protected]

Coming soon: When nerdy gamer Sam Bankman-Fried rocketed to fame as the world’s richest 29-year-old, he pledged to donate his billions to good causes. But then his crypto exchange FTX collapsed Billions of dollars were missing, and Sam was in handcuffs. Those who knew him were left wondering — who was Sam really? A well-meaning billionaire who made a mistake? Or a calculating con man? From Wondery and Bloomberg, the makers of The Shrink Next Door, comes a new story of incredible wealth, betrayal and what happens when “doing good” goes really really bad. Learn more here: https://podcasts.apple.com/us/podcast/spellcaster-the-fall-of-sam-bankman-fried/id1685258534See omnystudio.com/listener for privacy information.

Bloomberg reporters Drake Bennett and Jordan Robertson join this episode to tell the wild, winding tale of Shannon You, a chemist once employed by Coca-Cola who was also in the business of stealing trade secrets–and attempting to take them to China. Read more: The Plot to Steal the Other Secret Inside a Can of Coca-Cola. Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at [email protected] omnystudio.com/listener for privacy information.</

The emergency restrictions on immigration that the Trump administration invoked during the COVID-19 pandemic expire tonight. The White House is now preparing for a surge of migrants crossing the Southern border seeking asylum. Bloomberg reporters Akayla Gardner and Justin Sink join this episode to talk about what the Biden administration is doing to avert turmoil. And immigration policy expert Doris Meissner makes the case for an overhaul of America’s immigration system. Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at [email protected] omnystudio.com/listener fo

US Supreme Court Justice Clarence Thomas’s failure to disclose lavish vacations paid for by a Texas billionaire have cast a harsh light on the High Court’s ethics rules—or lack of them. Bloomberg Supreme Court correspondent Greg Stohr  joins this episode to talk about the fallout and why the justices are pushing back against greater disclosure rules. And Northwestern University law professor Steven Lubet explains what if anything can be done to require more transparency from the most powerful judges in the nation. Read more: Harlan Crow Paid Private-School Tuition for Clarence Thomas’ Grandnephew, Report Says. Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have que

Turkey’s president Recep Tayyip Erdogan has been in power for two decades. But he now faces a challenge in the country’s May 14 elections from a candidate representing a coalition of opposition parties. Bloomberg journalists Beril Akman, Marc Champion and Sylvia Westall join this episode to talk about why this election matters not just for Turkey’s domestic future–but for the important role the nation plays on the world stage. Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at [email protected] o

President Joe Biden surprised exactly no one when he announced he’s running for re-election. But with high inflation, an uncertain economy, turmoil on the Southern border, and roiling culture wars–along with persistent questions about his age–can Biden persuade voters he deserves a second term?  Bloomberg’s Nancy Cook, Jordan Fabian and Joshua Green join this episode to size up the early stages of the presidential race, and the top-of-mind issues that will decide who’ll win the White House in 2024. Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at bigtake@bl

On April 20, the SpaceX Starship Super Heavy rocket made its first test flight. And even though it exploded after just a few minutes in flight, that doesn’t necessarily mean it was a failure. Bloomberg’s intrepid space reporter Loren Grush joins this episode to explain what’s ahead for SpaceX–and for NASA’s ambitious goal of getting people back to the moon this decade. Read more: Starship Explosion Shows Just How Far SpaceX Is From the Moon. Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at [email protected] episode was produced by: Supervising Producer: Vicki Vergolina, Senior Produ

First Republic Bank is the latest financial institution to fail amid turmoil across the industry. Meanwhile, inflation is still high. Layoffs are rocking some industries. And labor shortages are throttling others. So… are we about to face the recession that economists have been predicting for months now? Today, Bloomberg reporter Reade Pickert and senior executive editor Chris Nagi read the tea leaves on where the economy is headed. Read more: First Republic Becomes Second-Largest Ever US Bank Failure. Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the tea

The tight US labor market has prompted several Republican-led states to roll back child labor laws, which are aimed at protecting teenagers by restricting where and how long they can work. Bloomberg Industry Group reporters Rebecca Rainey and Chris Marr join this episode to talk about where this is happening and who’s pressing for these changes. And labor historian Betsy Wood explains how today’s arguments about whether kids should be put to work mirror the same fights going back decades. Read more: States Look to Ease Child Labor Laws as Federal Scrutiny Grows Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJ

With the economy in flux and prices continuing to rise, more consumers are saying yes to buy now, pay later offers. And not just for instant gratification on big-ticket items like a couch or a laptop. Struggling families are using it to spread out payments for essentials like food.Bloomberg reporters Augusta Saraiva and Paulina Cachero join this episode to talk about the popularity of buy now, pay later services–and the fees for those who fall behind on payments. And we hear from a single mother who reluctantly uses the services to help make ends meet. Read more: Americans Go Deeper Into Debt as They Use Buy Now, Pay Later Apps for Groceries. Listen to The Big

Europe’s ambitious climate targets are putting pressure on airlines and airplane makers to come up with sustainable alternatives to dirty jet fuel. Bloomberg reporters Siddharth Philip in London and William Wilkes in Frankfurt join this episode to talk about some ideas on the drawing table for cleaner jet engines–from battery powered concepts to aircraft that run on hydrogen. Read the story here: Why Europe Is Emerging as a Green Aviation Test Bed Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK Have questions or comments for Wes and the team? Reach us at <a href="mailto:bigtake@bloomberg.

Pharmaceutical companies and insurance providers are at odds over a new class of drugs that have proven quite effective at helping people living with obesity lose weight. Bloomberg’s Robert Langreth and Emma Court join this episode to share their reporting on recent advancements in weight loss treatments–and the fight over who should pay for them. And Dr. Angela Fitch, a physician and president of the Obesity Medical Association, talks about the challenges of treating obesity. Read their reporting here: Good Luck Paying for Those $10,000 Obesity Drugs Everyone’s Talking About Listen to The Big Take podcast every weekday and subscribe to our daily newsletter:

Despite the rain-soaked year California has had, the ongoing issues of drought and limited water remain. Bloomberg reporters Peter Waldman, Mark Chediak, and Sinduja Rangarajan join this episode to talk about how farms that grow lucrative cash crops like almonds and pistachios are digging deeper and deeper wells to tap the state’s dwindling groundwater supply–leaving people in some communities with less to drink. Read the investigation here: Groundwater Gold Rush Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comme

Teachers and students in the US are always on alert for the possibility of an active shooter entering their classrooms. Now hundreds of schools around the country are dealing with a new, anxiety inducing disruption: swatting. It’s when police rush to schools in response to fake threats intended to cause chaos.  Bloomberg cybersecurity reporter Jeff Stone joins this episode to talk about the sharp rise of these events in recent months. And New York school district superintendent Matt Landahl shares what it’s like to receive these calls and manage the response in real time. Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at bigtake@bloomberg.net.See <a href="https://omnystudio.com/liste

Europe’s universal healthcare systems have long been held up as models for other parts of the world. But in many countries they are now under extreme strain. Chronic underfunding, an aging population and labor force, and continuing fallout from the pandemic mean these systems are sometimes failing their patients. Bloomberg reporters Naomi Kresge and Jonas Ekblom join this episode to explain how this happened and what governments are trying to do about it. And Dr. Tomas Zapata of the World Health Organization talks about how European nations can rebuild the healthcare workforce before it deteriorates. Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at <a href="

It’s been eight months since President Biden signed the Inflation Reduction Act into law. And already the hundreds of billions of dollars it contains for clean energy and slowing climate change—alongside private venture capital investments—are funding a wide array of climate technology projects, from decarbonization infrastructure to rust-based battery storage. Bloomberg climate reporter Eric Roston joins this episode with Akshat Rathi, a senior reporter and host of our sister podcast Zero. It’s a weekly show that explores the tactics and technologies taking us to a world of zero emissions. They talk with Wes about how climate tech is no longer a corner of the economy–it’s fast becoming the economy.  And reporter <a h

Bloomberg senior investigative reporter Olivia Carville is back with her latest reporting on TikTok. She explains how the superpopular app’s algorithm can serve up a stream of anxiety and despair to teens, including videos about eating disorders and suicide. And Jennifer Harriger, a professor of psychology at Pepperdine University, joins to talk about the effect these messages can have on teens and young adults. Read the story: TikTok’s Algorithm Keeps Pushing Suicide to Vulnerable Kids Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at [email protected].<

For decades, the United States and Saudi Arabia maintained an important strategic alliance, which gave the US access to Saudi oil in exchange for guaranteeing the kingdom’s security. But growing tensions between the two nations now threaten to rupture this relationship.Bloomberg’s Ziad Daoud, Tom Orlik, and Nick Wadhams join this episode to explain what’s behind the US-Saudi rift, and why it could have far-reaching consequences for the US economy and potentially the 2024 presidential election. Read the story: US-Saudi Oil Pact Breaking Down as Russia Grabs Upper Hand Listen to The Big Take

For decades, inventors have tried and failed to make a smart gun. A company called Biofire now appears to have pulled it off. It uses both fingerprint scans and facial recognition so that only a registered user can fire it.But will anyone buy it? Will this technology become yet another point of contention between pro and anti-gun groups? Firearms advocates have long been skeptical of biometric weapons but they’ve also never run across one that actually worked. Bloomberg reporter Ashlee Vance joins this episode to talk about Biofire’s new smart gun, how it works, and what it’s like to use. We also hear from Biofire’s 26-year-old CEO Kai Kloepfer, who started working on the gun after the mass shooting in his home state of Colorado, when he was 15-years-old. Read the story: https://bloom.bg/43DMVBH  Listen to The Big Take podcast every weekday

The US intelligence community was relieved when a suspect was arrested last week in the leak of highly sensitive classified documents about America’s friends and adversaries. But the fallout is far from over. The leaks are a huge embarrassment for the Biden administration, which is moving quickly to reassure the UK, Israel, and other allies. Bloomberg national security correspondent Courtney McBride joins this episode to talk about US efforts to repair the damage and shore up its credibility with leading partners around the world–and what the government is doing to prevent leaks like this from happening in the future. Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at [email protected]

It’s estimated that half a million or more people around the world die of influenza each year. And many of these deaths could be prevented with a highly effective, widely used flu shot.Now, the mRNA technology we became familiar with during the development of the Covid vaccine is being used to create a new flu shot that promises to work better than the current hit-or-miss version. It also offers the potential to bundle covid, flu, and other common viruses into a single shot.  But with vaccine skepticism running high, will people actually take it?  Bloomberg biotech reporter Angelica Peebles joins this episode to explain how the new flu shot is made, how it works, and whether it can shift how we receive and think about vaccinations. Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK</a

The tabletop roleplaying game Dungeons &amp; Dragons is approaching its 50th anniversary and it has never been more popular, attracting players of all ages to its analog charms. Now Hasbro, the toy company that owns it, is betting D&amp;D can be brought into the digital age and become a big moneymaker.  Bloomberg correspondent Felix Gillette joins this episode to talk about why Dungeons &amp; Dragons is having a cultural — and economic — moment, and why it might not be so easy to persuade diehard fans to pay for a digital experience. Gaming retail store owner Lauren Bilanko shares what it’s like to run a business that caters to the D&amp;D crowd. Read more here: Dungeons &amp; Dragons’ Epic Quest to Finally Make Money. Listen to The Big Take podcast every weekda

This episode was recorded before a federal appeals court ruling partly granted the Biden administration’s request to put on hold a Texas court decision overturning FDA approval of the abortion pill. The appeals court allowed restrictions that were lifted since 2016 to be reinstated.For details on the ruling read more here.The appeals court decision leaves mifepristone on the market while a Justice Department appeal works its way through the courts. It overrules a lower court decision in Texas that sought to stop the sale of the drug completely.But it did agree with one part of the ruling. It left in place a lower court order that blocked changes that the FDA has made since 2016 that made mifepristone more easily available.The ruling means that unless the US Supreme Court intervenes by Friday, mifepristone will no longer be ap

For decades, Germany has downplayed military spending. But after Russia’s invasion of Ukraine, the government reversed its longstanding ban on sending weapons into war zones, and announced a plan to spend an additional 100 billion euros to upgrade its armed forces. Bloomberg senior editor Alan Crawford joins this episode to explain why the country’s defense industry is booming—and why that’s dividing a public wary of a German military resurgence. And military analyst Dr. Bastian Giegerich makes the case for why Germany should be spending even more to prepare for current and future threats. Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at [email protected] <a href="https:/

There’s a whole lot happening in the economy that’s impacting your wallet. Inflation is slowing down, but it’s still high. Layoffs have rocked every industry. And rent prices keep surging. Is it a good time to quit your job–or ask for a raise? Should you buy a house (if you can find one)? And which investments are safe when markets are all over the place? Bloomberg personal finance journalists Claire Ballentine and Craig Giammona join this episode to share advice about what to do with your money in volatile times. Read more:  What to Do With Your Money—and Your Life—in a Wild New World Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: <a href="https://bloom.bg/3

Florida’s governor–and likely presidential candidate–Ron DeSantis has pledged billions to restore Florida’s Everglades. Among other good things, that will help lower Florida’s carbon footprint and potentially combat some of the effects of climate change. But you won’t hear him boasting about those benefits. As a Republican trying to lure away Donald Trump’s voters with promises to attack “woke” policies, he says he’s “not a global warming person”, opposes restrictions on fossil fuels, and often downplays the environmental upsides of his own policies.Bloomberg national reporter Michael Smith joins this episode to talk about the Florida Governor's mixed environmental record–and how he’s walking a very fine line between shoring up Florida’s natural resources and alienating Republican primary voters he hopes will carry him to the White House. Read more on this story: <a href="https:

We’re taking a break today for the holiday. Here’s a favorite episode from December that you might have missed–and one that’s still very much in the news. We’ll be back on Monday with a new episode. Have a great weekend. And thanks for listening! Our insatiable appetite for meat, eggs and cheese means there are billions of chickens, pigs and cows the world over. One consequence: animal agriculture is a leading contributor to greenhouse gas emissions and pollutants like ammonia and nitrogen. In Europe, governments are starting to crack down—demanding farms dramatically cut the size of their herds to meet environmental goals. Farmers are, to put it mildly, furious.  Bloomberg reporter Diederik Baazil joins this episode from Amsterdam to talk about how far

Iran and Saudi Arabia surprised many governments in March when they announced an agreement to restore diplomatic relations–ending a seven-year freeze. Just as surprising: The deal was brokered by China. Bloomberg correspondents Golnar Motevalli and Sam Dagher join this episode to explain how this landmark agreement came together and what each side hopes to gain from it. And Jonathan Fulton, a nonresident senior fellow for Atlantic Council’s Middle East Programs, talks about China’s critical role in this deal and the nation’s growing ambitions as a global power broker. Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at <a href="mailto:bigtake@

More than 400 anti-LGBTQ bills have been introduced in U.S. state legislatures this year, and more than twenty have been signed into law. That’s greater than the last five years–combined. Some of these pieces of legislation seek to outlaw access to gender-affirming healthcare for transgender youth. Others would make it easier to ban books from school libraries. Bloomberg reporter Ella Ceron joins this episode to talk about the momentum behind this push and which states are pressing ahead with these bills. We also hear from Democratic state senator Shevrin Jones of Florida—where ten anti-LGBTQ bills are on the table—about the political battle in his state.See omnystudio.com/listener for privacy information.

Tucked into President Biden’s massive Inflation Reduction Act is a pot of money–$15 million–for the Internal Revenue Service to study a long-talked-about idea: Building an online IRS platform that would enable taxpayers to file their taxes easily and for free. If it moves ahead, it could mean an end to frustratingly complex forms and fees to accountants and tax prep companies. There are plenty of obstacles in the way. Some politicians and industry groups in Washington are already lining up against it. And it’s not clear Americans would trust the IRS to calculate their refund–or how much they owe. Bloomberg reporters Laura Davison, Brody Ford, and Ben Steverman join this episode to talk about the promise—and potential pitfalls—of a public filing option

There’s been a ton of news coverage and commentary around Donald Trump’s indictment in New York on Thursday. But the Manhattan case is only one of several criminal investigations and civil cases swirling around the former president—from the US Justice Department’s inquiry into the Jan. 6 attack on the US Capitol and the investigation of Trump’s attempts to overturn the 2020 election results in Georgia, to probes of Trump’s business practices.  Bloomberg legal reporters Zoe Tillman and Erik Larson join this episode to look beyond the Manhattan indictment and assess Trump’s other legal entanglements, and where things go from here. Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the

Last May, the Oak Ridge National Lab, run by the US Department of Energy, unveiled Frontier–the world's fastest supercomputer. It’s capable of performing a quintillion calculations per second, breaking what's called the exascale barrier.  The system requires its own power plant, 6,000 gallons of water to keep it cool, and a highly trained staff to operate. So what can it do? And who gets to use it? We set out for Knoxville, Tennessee to try to wrap our brains around Frontier’s limitless potential. See more about Frontier here: It Takes 6,000 Gallons of Water to Cool the World’s Fastest Supercomputer Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at <a href="mai

If you’re a working parent, finding childcare is almost certainly a source of stress in your life. It’s often a struggle to find an opening and when you do, it can be crazy expensive. This presents a tough choice: pay for childcare to be able to work, or become a caregiver and forgo a second income. And for single parents, there is no choice at all. Bloomberg reporter Olivia Konotey-Ahulu has been covering the growing discontent of parents in the UK. And Simon Workman is co-founder of Prenatal to Five Fiscal Strategies, which consults with US states to find ways to support the needs of young children and their families. They both join this episode to look at how the US and UK can fix their broken childcare systems–and highlight countries that are doing it right. Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://b

Guardianships in the US are supposed to help vulnerable people who can’t help themselves.  But a Bloomberg Law investigation reveals a loosely regulated system in which those placed under guardianships can find themselves trapped, and sometimes exploited, by the people entrusted with their care. Bloomberg Law correspondents Ronnie Greene and Holly Barker join this episode to discuss their five-part series on how the system works—and doesn’t work—and what can be done to fix it. Read the story: https://bloom.bg/3zgHQBk  Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at bigtak

There’s at least one thing Democrats and Republicans in Washington have in common: suspicions about TikTok’s ties to China. The Biden administration and members of congress from both parties are urging the social media platform’s Beijing-based parent company, ByteDance Ltd., to sell its stake in TikTok or risk being banned in the US.  Sound familiar? That’s because two and a half years ago, former President Trump sent a very similar warning that ultimately went nowhere. Bloomberg reporters Alex Barinka and Anna Edgerton join this episode to talk about this latest chapter in the standoff between the US government and TikTok. Plus, what a congressional hearing with TikTok’s CEO revealed about national security concerns surrounding the app. Listen to The Big Take podcast every weekday and subscribe to our daily newsle

A lot has been said about the collapse of Silicon Valley Bank and Credit Suisse. But one important thing revealed by those closely scrutinized failures has largely gone unnoticed: the changing relationship between governments and banks.  Bloomberg Editor-In-Chief John Micklethwait joins this episode to talk about how the idea that finance is an arm of the state is back–and why that will have far-reaching consequences for the way the world works. Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at [email protected] omnystudio.com/listener for privacy information.

The global pet economy is expected to reach nearly half a trillion dollars by 2030. After a pandemic surge in pet adoptions, more people are buying ever more expensive food and toys for their furry friends. But beyond these routine costs, a growing number of owners are also shelling out thousands for veterinary care to treat complex illnesses and keep their pets alive for longer.  Bloomberg reporters Brendan Case and Nacha Cattan join this episode to give an expansive view of the industry, including how new diagnostic tools and medications are extending pet lifespans—and wearing down owners’ wallets. Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at <a href="

As the technology powering artificial intelligence keeps improving, it’s getting harder to tell the difference between human and machine. And that means companies are looking to capitalize on its uses.ChatGPT’s maker OpenAI is quickly rolling out new iterations, like the more powerful version of the product called GPT-4. Google has introduced its own version, albeit with some early stumbles. And Elon Musk also has his eye on the AI space.  Bloomberg Opinion columnist Parmy Olson and technology reporters Dina Bass and Rachel Metz have reported extensively on the rise of ChatGPT and other forms of AI. They join this episode to talk through the upsides–and significant downsides–of a bot that can appear to write and sort of think for you, and what it l

The story of Apple’s rise to become the world’s most valuable company is also the story of its relationship with China. Apple’s vast manufacturing and supply chain operation there has been one of the keys to its success.So why is Apple looking to expand its operations to India and other countries?  Bloomberg’s chief technology correspondent Mark Gurman joins this episode to look at how shifts in the global economy, and rising tensions between Washington and Beijing, have led Apple to diversify where it makes its products. And Taipei-based senior reporter Debby Wu talks about the challenges the company faces in trying to recreate its success in other countries. Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have q

The US Federal Trade Commission is weighing restrictions on many non-compete agreements in employment contracts. These clauses dissuade workers from switching jobs and impact roughly one in five Americans—including physicians, hair stylists, even fast food workers. Bloomberg reporter Leah Nylen joins this episode to explain the FTC’s efforts to dial them back. And reporters Jo Constantz and Josh Eidelson, and White House editor Mario Parker, talk about how non-competes became a way for companies to freeze employees in place—and how the move to restrict them is part of a larger push by the Biden administration to bolster workers’ rights. Listen to The Big Take podcast every weekday

US sanctions against Russia are supposed to cut off Moscow’s access to all kinds of goods, including semiconductors, which are used in missiles and drones. But US officials allege a secret supply chain has illegally funneled these chips, some of them American-made, to Russia, where they’ve been used in weapons deployed against Ukraine. Bloomberg reporter Ben Bartenstein joins this episode to talk about one alleged chip smuggling scheme. And US national security editor Nick Wadhams explains why sanctions can slow—but not always stop—Russia and other sanctioned nations from getting what they want. Read more here: Web of Secret Chip Deals Allegedly Help US Tech Flow to Russia

For months, Israeli citizens—including CEOs, doctors, hedge fund executives, lawyers, and soldiers—have protested in the streets against Prime Minister Benjamin Netanyahu’s plan to diminish the authority of the nation’s Supreme Court. The government aims to give Israel’s parliament, the Knesset, the power to overrule the court’s decisions with a simple majority vote. It could have far-reaching consequences within Israel—and for its standing as a strong democracy in a volatile region of the world. Bloomberg’s Israel Bureau Chief Ethan Bronner joins this episode from Tel Aviv to talk about what’s at stake—and why so many Israelis from all walks of life are demanding Netanyahu withdraw the plan. Read more: https://bloom.bg/408gubM  Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: ht

The White House and Congress are battling over raising the nation’s $31.4 trillion debt ceiling. If they don’t act and the US defaults on its debt this summer, the economic shockwaves will be felt across the nation and around the world. Even so, the conventional wisdom in many parts of Washington and Wall Street seems to be: don’t worry, in the end of course they’ll reach a deal. But relying on conventional wisdom is often…unreliable. Though congressional leaders managed to overcome their differences and raise the debt ceiling in the past–often at the 11th hour, after all the brinkmanship had played out–what if this time is different?  Bloomberg journalists Liz McCormick and Erik Wasson join this episode to game out the scenarios and gauge how concerned we should be about the possibility that the rancor and

For years now, we’ve been hearing that autonomous vehicles are just around the corner. Google, Uber, General Motors, Tesla, and other companies invested huge sums in hopes of realizing the dream of a car that drives itself on the open road.And yet, after more than a decade of effort and prototypes, driverless cars still appear to be a long way off. Why is that? Bloomberg reporter Max Chafkin joins this episode to talk about the industry’s persistent roadblocks — and what’s ahead. And Anthony Levandowski, a pioneer and early champion of driverless car technology, explains why it continues to be such a difficult puzzle to solve. Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at bigtake@b

The biggest bank failure since the 2008 financial crisis is stoking fears of a larger financial meltdown across regional US banks. Silicon Valley Bank, a key lender for startups and the tech industry, collapsed last week. As regulators take over, many people around the country are left wondering if their own money is safe.  Bloomberg personal finance reporter Suzanne Woolley joins this episode to talk about what the collapse of SVB means for everyday savers and investors. And Ben Bain, who leads Bloomberg’s coverage of how Washington regulates Wall Street, explains how the government has responded and the plan to stem the bleeding now — and prevent future failures. Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at <a href="mail

People around the world rely on satellites for their internet connections, credit card transactions–and even to keep track of time.  Last year, a suspected Russian-led satellite hack exposed how vulnerable they are to security breaches, from individual hackers seeking to pilfer information for profit and governments looking to weaken their adversaries. Bloomberg reporter Katrina Manson joins this episode to discuss the fallout of the hack, and what companies and governments are doing to harden their systems against future attacks. Plus, James Pavur, a hacker and Pentagon cybersecurity expert, walks us through how satellites are compromised, and what we can do to keep our own data from being stolen.  Read more here: <a href="https://www.bloomberg.com/features/2023-russia-viasat-hack-ukraine/?leadSource=uverify%20wall" data-cke-saved-href="bbg://news/stories/RQTSLPDWX2Q0" data-web-url="https://w

This month, India’s Supreme Court will hear arguments on whether to legalize same-sex marriage.  Bloomberg reporters Muneeza Naqvi and Kai Schultz join this episode from New Delhi to explain India’s rapid march toward affirming rights for LGBTQ people, and how a ruling in favor of same-sex marriage would be felt not just within the country but across Asia and beyond.  Then, Gurchaten Sandhu, program director at the International Lesbian, Gay, Bisexual, Trans and Intersex Association in Geneva takes a step back to talk about which countries have advanced marriage equality and where it is still outlawed. Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at

The future of US competitiveness is taking shape in a field in Licking County, Ohio. It’s the site of a new Intel semiconductor plant, part of the Biden administration’s effort to bring manufacturing jobs back to the US, with a focus on high tech products like semiconductors.But those ambitious plans have exposed a looming problem: The number of skilled workers needed to build factories and fill those jobs is shrinking. It’s a demographic reality that will only become more acute in the decades to come.  Bloomberg senior economics writer Shawn Donnan joins this episode to explain why America’s workforce is shrinking, and what a labor shortage now means for the nation’s manufacturing future. And Gabriela Cruz Thompson of Intel Labs talks about how a big company like hers plans to recruit workers in an increasingly competitive job market. Read the story: h

Two significant advances in science and technology are helping us examine our own planet, as well as galaxies near and far. The first is the James Webb Space Telescope—an instrument that’s already transmitting game-changing data from a million miles away. The second is NASA’s SWOT mission, named for its exploration of Earth’s surface water and ocean topography. Using remote sensing technology, it aims to be the first-ever global survey of its kind. Bloomberg space reporter Loren Grush joins this episode to share why these endeavors are important not just for science but also to help us make decisions about our everyday lives. Plus, we meet some of the people behind these projects—and those whose work will be shaped by the wealth of information beaming back to Earth. Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom

Traffic stops are the most common way people come into contact with the police. After the January death of Tyre Nichols, who was beaten following a police stop in Memphis, some cities are trying to limit how often these stops occur. Philadelphia, Pittsburgh, San Francisco, and the state of Virginia have taken measures to curb stops for minor violations, which disproportionately affect people of color–and sometimes turn violent. Bloomberg reporters Sarah Holder and Fola Akinnibi join this episode to talk about why traffic stops have become such a widespread problem, and how police departments are responding to limits to their authority. And Philadelphia councilman Isaiah Thomas explains how his legislation aims to increase public safety. Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: <a

In his 1961 farewell address, President Dwight Eisenhower famously warned about the dangers of the business of war–what he called the “military industrial complex.” Now, more than six decades later, that warning still rings true. The US military is the most powerful – and expensive – in the world, but the Pentagon bureaucracy is vast, inefficient, and often slow to adapt to a rapidly changing world.  Bloomberg reporters Peter Martin, Courtney McBride, and Roxana Tiron join this episode to talk about their deep reporting about concerns inside and outside the Pentagon that the US military is in danger of falling behind rivals including China, and what the Defense Department is doing to change.  Michèle Flournoy, a former Undersecretary of De

One unexpected consequence of Russia’s invasion of Ukraine: It highlighted how just a handful of countries–notably Russia and China–supply much of the fertilizer needed to feed the world. Amid geopolitical tensions and humanitarian concerns, the race for fertilizer has become a priority for the U.S. and its allies. Bloomberg reporter Elizabeth Elkin joins this episode to talk about how concerns about fertilizer shortages have nations looking for alternatives. Read more: https://bloom.bg/3KUmT62  Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at [email protected] omnystudio.com/listener for privacy information.

Pras Michel, the famed rapper and founding member of The Fugees, goes on federal trial later this month. The US government has charged him with numerous crimes related to his dealings with the fugitive Malaysian businessman allegedly at the center of one of the largest financial scandals in history. Michel maintains he’s innocent. This real-life international tale of intrigue involves a long cast of characters, including A-list Hollywood celebrities, the Chinese government, and both the Obama and Trump White Houses. Bloomberg reporters Anthony Cormier, Jason Leopold and Matthew Campbell have captured the whole saga in a story for Businessweek and they join this episode to tell us what they found. Read the story: https://bloom.bg/3ZiFi0W  Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or com

Startups pioneering invasive and noninvasive devices that interact with the brain seek to alleviate everything from ALS symptoms to epilepsy to treatment-resistant depression. In this episode, a look at the science behind this rapidly advancing technology.Dr. Thomas Oxley, a neurointerventionist and CEO of Synchron, gives us a tour of his lab in Brooklyn, New York, where his company is developing an implant that allows paralyzed people to control devices.  Then Bloomberg reporter Sarah McBride joins Wes for a look at other startups making these brain-computer interfaces–and where the industry goes from here.  Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at [email protected] omnystudio.com/liste

Twelve years after the 2011 Fukushima-Daiichi nuclear power plant disaster, Japan is now considering restarting its shuttered nuclear reactors to combat rising energy prices. It’s a slow process, and one where the government and the public are conflicted about the advantages and risks of nuclear power.Around the world, countries that turned off their reactors in the wake of Fukushima, or have closed old or expensive reactors, are doing a similar about-face, with rising energy prices and clean energy commitments changing their calculus. That’s inevitably raised questions about the safety of potentially running these aging behemoths to more than double their expected lifespan. Bloomberg’s Japan energy reporter Shoko Oda joins this episode to talk about the country’s decision to restart its nuclear reactors and lingering anti-nuclear sentiment in the country. Power and renewable energy editor Will Wade also joins to describe how governments around the world are

It takes hundreds of pounds of aluminum to build Ford’s “Truck of the Future,” the electric F-150. A lot of that aluminum comes from a long, complicated supply chain that it would be difficult to describe as environmentally friendly. The chain begins in the Amazon rainforest in Brazil, at a mine with a legacy of pollution. It leads next to a refinery down the Amazon River where thousands of people are suing, claiming the industry harmed the fragile ecosystem, contaminated their water, and made them sick. Bloomberg senior reporters Sheridan Prasso and Jessica Brice join this episode to talk about their investigation–and how Ford responded to what they found. Read the investigation: https://bloom.bg/3xRXC4V  Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at

President Biden’s plan to forgive federal student loan debt for millions of Americans has been frozen since a handful of Republican-led states sued to stop it. They argue the president doesn’t have the power to wipe away billions of dollars of debt on his own. It’s now up to the US Supreme Court to decide if they’re right.Bloomberg Supreme Court correspondent Greg Stohr joins this episode to talk about the arguments on both sides, and where the 6-3 conservative majority might come down. And personal finance reporter Claire Ballentine explains what happens next for Americans with student debt if the court upholds Biden’s plan–or knocks it down. Read more: https://bloom.bg/3ktdt6P  Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: <a href="htt

As Nigerians decide on a new president, the country’s economy is reeling. Nigeria’s public debt is growing, inflation is soaring, and half of adults can’t find steady work. People wait in line for hours at gas stations to fill their cars and light their homes with generators because the shaky power grid can’t keep up. Kidnapping for ransom is a growing problem.  What can be done to turn things around? Bloomberg journalists Neil Munshi in Lagos, Nigeria and Ruth Olurounbi in Abuja, the capital, join this episode to talk about what’s at stake in this election–and how the candidates vying for the job say they’ll address these problems. Then, Cheta Nwanze, lead partner at SBM Intelligence, explains why it’s so difficult to attract companies, and money, to Africa’s largest economy. Read more: https://bloom.bg/3XUUzU5 Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK <

February 24 marks one year since Russia invaded Ukraine. Russian President Vladimir Putin believed the country’s military would be defeated quickly and Kyiv, the capital, would fall. Instead, Ukraine’s clever, nimble — and motivated — military has fought back Russia’s forces despite being vastly outgunned. But the war has taken a terrible toll. Thousands of people have died. Cites have been devastated and millions of displaced Ukrainians are now living as refugees in other countries. Bloomberg journalists Daryna Krasnolutska and Marc Champion in Kyiv, and Rosalind Mathieson in London join this episode to take stock of all that has happened in the past year, and what lies ahead for Ukraine. Read the story: https://bloom.bg/3IL2hMf  Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments f

Around the world, a looming problem is making workers nervous–and angry. People in many countries are living longer, and at some point governments will run out of money to pay their retirement benefits.One solution some politicians are pushing: raising the retirement age for workers. Which…is about as popular as it sounds.So what is the answer? Ben Sills, who leads Bloomberg’s government and economics coverage in Europe, and White House and politics reporter Nancy Cook join this episode to sort through the tough economics and fraught politics of retirement. And pensions reporter Amy Bainbridge, personal finance reporter Ainsley Thomson, and senior editor <a href="https://

We’re taking a break for President’s Day here in the US. So here’s one of our favorite stories you might have missed. We’ll be back tomorrow with a new episode. Thanks for listening!Here’s a random yet important fact: Copper is one of the very best conductors of electricity of all metals. And that matters, because as we move toward a world in which more and more things in our lives plug in or charge up–not just your phone, but electric vehicles, solar panels and wind turbines that will power the future–copper is in increasingly high demand.  Some of the richest reserves of copper are found in Southern Africa. But getting it from deep underground and trucking it thousands of miles to buyers can be a harrowing journey. Without more production or new mines, the world could be looking at shortages, and soaring prices for copper and the products that use it. Reporters James Attwood and Yvonne Yue Li join this episode to explain what a coming copper shorta

It’s hard to believe, but the 2024 presidential election is already off and running, and there’s grumbling in both parties. Some Republicans want to put Donald Trump behind them, and some Democrats worry 80-year-old Joe Biden might not be up to the long slog of a presidential campaign. Bloomberg’s managing editor for US government Flavia Krause-Jackson, national political correspondent Joshua Green, and White House correspondent Jordan Fabian join this episode to tell us what to pay attention to–and what’s just noise. Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at [email protected] omnystudio.com/listener for privacy information.

The recent earthquakes that devastated Turkey and Syria have left millions of people in desperate need of help. But those seeking to bring food, medicine, and supplies into the country face daunting obstacles.  Syria’s government wants to control aid shipments and who gets them. Strict economic sanctions imposed on Syria’s government by the US and Europe make it difficult to conduct any transactions there. Governments, banks and humanitarian aid groups are sometimes wary of triggering penalties if their work is seen as violating the sanctions, even despite a temporary easing of the restrictions for earthquake relief. Sylvia Westall in Dubai, who leads Bloomberg’s government coverage in the Middle East, and Nick Wadhams in Washington, DC, who oversees reporting on US national security and foreign policy, join this episode to talk about how sanctions and the Syrian government are complicating efforts to assist earthquake victims. And Jennifer Higgins of the Internation

In 2020, the enormously popular heartburn medication Zantac was pulled from store shelves after samples were found to contain the probable carcinogen NDMA. The drug has since been re-introduced with a new formula that is considered safe to use as directed.But tens of thousands of people who took the old version of the drug, made with the active ingredient ranitidine, are now suing Zantac’s maker, then called Glaxo and now known as GSK. They claim the medication gave them cancer and are seeking compensation. The company is pushing back, saying there is no conclusive evidence or scientific consensus that ranitidine can degrade and form NDMA in harmful amounts under normal conditions.Reporters Anna Edney, Susan Berfield, and Jef Feeley dug into the claims and counterclaims for Bloomberg Businessweek, and they join this episode to talk about Zantac’s rise and fall and where these lawsuits are headed. And Dr. Jaap Venema, chief science officer at US Pharma

Buying a new car today is more painful than ever. Auto prices have risen a shocking 30% in just the past few years. Many used cars aren’t much cheaper. The pandemic crunch is partly to blame – high demand and scarce supply caused prices to spike along with everything else. But car prices remain astronomical even though those shortages have largely eased. For a lot of middle class Americans, a new car is now out of reach.And that’s just fine with some major automakers. Bloomberg reporters David Welch and Keith Naughton join this episode to explain why General Motors Co. and Ford Motor Co., among other companies, are embracing scarcity and high prices as the new normal.At the same time, China is ramping up production and rising as a leading carmaker. Reporter Tom Hancock describes how the country is churning out millions of electric and gasoline-powered vehicles for customers around the world, with one notable exception: the US. Read more:  <a href="htt

New York and other cities have struggled to fully bounce back from the pandemic, in part because many people who can work from home either part or full time are choosing to do so. That means a lot less money is being spent in shops and restaurants. Expensive office buildings are standing partially empty and fewer passengers are paying subway and bus fares. Reporters Emma Court and Donna Borak join this episode to talk about how work from home is transforming city life and costing downtowns billions. Tracy Hadden Loh, a fellow at Brookings Metro, explains how, as she puts it, cities can reinvent themselves to be go-to places not just between the hours of 9-5, but 5-9. Read more: https://bloom.bg/3jOsY8Z  Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at <a

At the same time China’s government is working to manage the fallout overseas from the surveillance balloon shot down by the US, it’s also struggling to contain another problem at home—a wave of covid cases that’s overwhelmed the country. Late last year, people in cities across China protested in the streets against the government’s Covid Zero lockdowns. In response to the unrest, President Xi Jinping eased the restrictions, and China is opening back up. As anticipated, millions of people once again out and about has led to a massive surge in Covid cases and deaths. As the virus has rapidly spread throughout China, the government has struggled to keep up. Hospitals are overwhelmed and even basic medicines like ibuprofen are sometimes impossible to find.Bloomberg journalists John Liu in Beijing and Xiao Zibang in Singapore join this episode to talk about how China is coping with the health crisis, how citizens in some cities and rural areas are stepping in whe

The new season of Bloomberg's Foundering podcast retraces the life and gruesome death of John McAfee. In the 1980s and ’90s, the McAfee name was synonymous with computer antivirus software, and he helped establish the modern cybersecurity industry. But afterward, his life took a strange and dark turn. He was accused of murder, an allegation he denied, and then went on the lam. He sought to reinvent himself as a cryptocurrency guru and as a candidate for US president. Reporter Jamie Tarabay interviews McAfee’s colleagues, acquaintances, investigators and family members to demystify lies he told throughout his life, reveal the secrets he kept and resolve questions surrounding his public and decades-long self-destruction.See omnystudio.com/listener for privacy information.

As Iran approaches the 44th anniversary of the revolution it finds itself at a junction. US and European Union sanctions have crippled Iran’s economy. Thousands of citizens have taken to the streets to protest the Islamic government’s strict religious laws, and the brutality of its security forces in crushing dissent. Thousands of protesters have been arrested, and some have been put to death. Yet despite international economic pressure and rising internal discontent, there are few signs that Iran’s government is weakening. Bloomberg senior international affairs correspondent Marc Champion joins the episode to discuss the turmoil happening now. Ali Vaez, Iran Project Director at the International Crisis Group, joins to weigh in on tensions between Iran and the West that could boil over and how governments might prevent that from happening. Read more: https://bloom.bg/3x6sGgL Listen to The Big Take podcast every w

If you’re a comic book or sci-fi fan, you’ve likely read about the far-off idea of hitching a ride on an asteroid and mining it for precious metals and ice. But it’s not science fiction anymore. In this episode, we’ll take a look at two real-life asteroid-mining missions in the works.Dr. Dante Lauretta, who leads NASA's OSIRIS-REx asteroid sample return mission, talks about what they’ve gathered from the Bennu near Earth asteroid, which will arrive back home later this year. We also speak with Matt Gailich, co-founder and CEO of AstroForge–a company sending up two missions this year with the ultimate goal of mining asteroids for platinum and other valuable metals needed for electric cars and other technology.  Bloomberg’s space reporter Loren Grush then joins to give a bigger-picture view of other breakthroughs on the horizon in the fast-growing race to space. Learn more: <a href=

Last fall, Amazon agreed to pay the NFL a whopping $1 billion a year for 11 years to air Thursday Night Football exclusively on its Prime streaming service. The high price tag made headlines–and executives at broadcast television networks, cable companies and other streaming services like Netflix and Apple TV+ are watching closely to see if Amazon’s risk is rewarded. As Super Bowl LVII approaches, Bloomberg reporters Gerry Smith and Felix Gillette join this episode to explain why this deal has drawn so much scrutiny: If Amazon is successful in luring viewers, and dollars, away from the networks, it could shake up the way we watch not just football but other sports–and eventually TV of all kinds. And maybe not in ways we like. Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: <a href="https

What started as a curiosity—a Chinese balloon Washington says was equipped with surveillance equipment floating high above the US—now threatens to worsen the already tense rivalry between two world powers. China insists it was a civilian research balloon that had drifted off course. Its government responded with anger after President Joe Biden ordered the vessel shot down Saturday once it was safely off the coast of South Carolina. What information can a balloon like that collect? And what does this incident mean for US-China relations? Rosalind Mathieson, who oversees Bloomberg’s government and political coverage around the world, joins this episode to sort out what this was all about—and where things go from here. Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK Have questio

The number of rat-related complaints in American cities has spiked in recent years. In the most overrun cities – Chicago, Washington, DC and New York – officials are stepping up efforts to find and kill them. New York is going so far as to hire a rat czar in charge of stamping them out. Good luck with that. Cities have tried and failed for decades to control rats. So what can be done to contain the population of these rapidly reproducing rodents? To answer that question, Big Take podcast producers Kathryn Fink, Rebecca Chaisson and Sam Gebauer hit the streets with a rat control squad in Washington and rodentologist Dr. Bobby Corrigan in New York. We also speak with New York Sanitation Commissioner Jessica Tisch. The good news: we can bring rats under control. The bad news: human nature means we probably won’t. Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK </p

Endangered whales getting hit by container ships. Sharks dying on hooks intended for other fish. Pesticides wiping out bees by the millions. Scientists and entrepreneurs are testing new ways to use artificial intelligence and other technologies to try to protect threatened creatures from harm. Bloomberg reporter Todd Woody joins this episode to talk about a project that uses computers to listen across oceans for whales--and automatically warn ship captains when they’re on a collision course with a giant underwater mammal. We visit a company in the UK working on a device that sends a signal to repel sharks from fishing lines. And reporter Coco Liu describes a new food supplement for bees that turbo-charges their energy levels and replaces nutrients lost to habitat destruction. Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for We

In December, an Anti-Defamation League study found a sharp rise in the number of people who say they’ve encountered white supremacist ideology while playing online video games. The persistent presence of individual gamers and groups spreading hate in gaming communities has led to calls for the industry to do more to stop it.  The question is, how? Bloomberg video game reporter Cecilia D’Anastasio joins this episode to explain why it’s so difficult to police virtual worlds, and what companies are and aren’t doing to confront the problem. Alex Newhouse, deputy director of the Middlebury Institute’s Center on Terrorism, Extremism and Counterterrorism, talks about his work trying to help the gaming industry stamp out toxic culture on its platforms. For More on Cecilia’s story: <a href="https://bloom.b

Now that China has relaxed its Covid Zero policy, the world’s second largest economy is rumbling back to life. As China once again starts to buy and consume goods and services of all kinds, it’s expected to give the global economy a boost right when it’s needed most. But there’s a potential downside. China’s enormous appetite for oil, soybeans, wheat and everything else could also boost inflation at the same time central banks are trying to contain rising prices.Bloomberg chief economist Tom Orlik and senior Asia economics correspondent Enda Curran join this episode to discuss what China’s reopening means for the global economy and anyone trying to make ends meet. Read more on this story here: https://bloom.bg/40cPY1U  Listen to The Big Take podcast every weekday and subscr

India’s Prime Minister Narendra Modi is investing billions of dollars to boost manufacturing and attract foreign investment in his rapidly growing country. Modi’s ambitious goal: To propel India to the top ranks of global economic powers, alongside the US and China. Bloomberg journalists Kai Schultz and Vrishti Beniwal join this episode to explain how he intends to do that–and the tall challenges he’ll face along the way. And Milan Vaishnav, director of the South Asia Program at the Carnegie Endowment for International Peace, talks about Modi’s successes, and stumbles, as he navigates India’s complex political and religious cross-currents. Read more on this story here: https://www.bloomberg.com/news/features/2023-01-23/india-s-1-4-billion-population-could-become-world-economy-s-new-growth-engine?srnd=bigtake

Migrants looking to enter the US from Mexico illegally often pay thousands of dollars to “coyotes,” or smugglers who transport them across the border. Once inside the US, they’re hidden in trailers or the trunks of cars to get past highway checkpoints where law enforcement is on the lookout.  That’s where a largely hidden workforce comes in — people in the US, many of them citizens, who are recruited by smuggling operations to drive the vehicles through the checkpoints, hoping to avoid detection. Often these drivers are themselves barely getting by, and they risk time in federal prison if they’re caught. Reporter Julia Love, who wrote about this shadow economy for Bloomberg Businessweek, joins this episode to tell the story of one of those drivers–a Texan named Dennis Wilson. Wilson also comes on the podcast to describe his experience–and to tell what happened when he was pulled over early one mor

Economists have more information at their fingertips than ever before. And yet, in many ways it’s become more difficult for them to predict if–and when–a recession is coming. Why is that? US economy reporter Katia Dmitrieva joins this episode to talk about how economists peering into the future are turning to all kinds of tools–some expected (employment data), and others….not so expected (men’s underwear?). And Simon Kennedy, who leads Bloomberg’s economic coverage, gives his answer to the question on everyone’s mind these days: will there be a recession this year, or not? Read more here: https://bloom.bg/400cafw Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at [email protected] <a href="ht

Despite headlines about tech giants firing thousands of employees, many companies in the US are struggling to attract and keep workers. There are more jobs available across the country than people willing to fill them. Workers have choices and they’re demanding better pay and work-life balance. Businesses of all kinds are starting to listen–changing old ways and getting creative to keep their employees happy enough to stay put. Nicole Bullock and Matthew Boyle of Bloomberg’s Work/Shift team join this episode to talk about how employers are rapidly adjusting to a changing workplace. Check out more from Work/Shift here: https://www.bloomberg.com/work-shift Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at bi

Republicans are back in charge of the US House of Representatives after winning a narrow majority in November’s midterm elections. They’ve got a long list of things they want to accomplish: spending cuts are near the top, as well as investigating Joe Biden and his administration. The hitch? The Senate is still in Democratic hands, which means they can block just about any legislation the House passes. And Republican leaders often have a difficult time keeping their own fractious members in line (just look at how hard some Republicans fought to keep Kevin McCarthy from becoming House speaker). Bloomberg congressional reporter Steven Dennis joins this episode to talk about what’s ahead this year in congress–and how to sort out what to pay attention to, and what’s just noise. Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: <a href="https://bloom.bg/3F3

Even though Americans are driving more than ever before, they’re using less fuel to do it. Gasoline demand in the US hasn’t bounced back to pre-Covid levels, and for all kinds of reasons, it likely never will. In the long run, that will mean relief from high gas prices. But the decline of fossil fuels won’t be quick — or painless. As the oil industry recalibrates to meet the new reality and seeks to maximize profits, we could see price spikes and periodic supply crunches. Bloomberg journalists Lynn Doan, Chunzi Xu and Millie Munshi join this episode to talk about why gasoline use is trending lower, even as Americans pile on more miles in their cars. And energy analyst Mark Finley of Rice University's Baker Institute for Public Policy explains how diminishing gasoline use could impact not just consumers and companies, but US national security, and America’s relationship with China and the rest of the world.  Learn more about this story: <a href="https://bloom.

The price of everything is going up, but few things have risen as fast as rent. The rule of thumb used to be that housing shouldn’t eat up more than a third of your paycheck. But these days, a lot of people are handing over half or more of their income to the landlord. Why has rent climbed so high so fast–and is there any end in sight? Real estate reporter Prashant Gopal joins this episode to explain how we got here–and offers a dose of cautious optimism for renters. And Neil Callanan, who covers corporate finance, gives a broader view of the consequences of turmoil in commercial and housing markets around the world. Learn more about the story here: https://bloom.bg/3whXo66 Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at <a href="mailto:bigtake@bloomberg

Companies around the world are competing to produce what’s often called lab-grown meat. It begins with the cells of cows, chickens, fish, or whatever protein you’re trying to recreate–and like the name says, it’s grown in a lab into food-sized portions.How is it made, how long until it appears in your local supermarket, and how…does it taste? Bloomberg reporters Deena Shanker and Priya Anand join this episode with answers. Learn more here: https://bloom.bg/3WgTl4I  Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at [email protected] omnystudio.com/listener for privacy information.

In December, we told the wild story of drug smugglers who hide tons of cocaine aboard huge container ships bound for Europe from South America. Today, we pick up the saga from there. What happens to all that cocaine once it reaches port?Bloomberg investigative reporters Lauren Etter and Vernon Silver join this episode to talk about how a sophisticated network of drug cartels and traffickers recruit young people to sneak the cocaine off the ships and coerce dockworkers to look the other way. And how law enforcement is trying to stop cheap cocaine from flooding the streets of Europe–without grinding global trade to a halt. Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at bigtake@bloomberg.

Tough economic sanctions the US and European Union imposed on Russia and Iran have succeeded in cutting off those nations from much of the world economy. But they’ve also had an unintended effect: Moscow and Tehran are now joining forces to evade some of the crippling trade restrictions.  They’re investing billions of dollars on an 1,800-mile trade route that enables them to move products of all kinds over land and water that’s beyond the reach of the West–to buyers in the fast-growing economies of Asia. Bloomberg journalists Golnar Motevalli in London and Jonathan Tirone in Vienna join this episode to describe how this new trade route operates. And Dr. Maria Shagina, an expert in sanctions, explains how sanctions work–and whether Iran and Russia can ultimately succeed in outmaneuvering the West. Learn more about the story HERE. Listen to The Big Take podcast every weekd

Remember when everyone loved to complain how there were 150 channels on TV and nothing good to watch? It’s pretty hard to say that now. There are so many good shows being made. Our new complaint: how hard it is to watch all those great shows, especially when they’re spread across so many streaming services—and most of them you have to pay for. How did we get here?  Bloomberg media reporter Felix Gillette has answers.  He’s the co-author of the book It's Not TV: The Spectacular Rise, Revolution, and Future of HBO. Felix joins this episode to break down why TV has never been better–and yet has never been more frustrating to watch.  Bloomberg’s entertainment reporter Lucas Shaw also stops in to explain how this shift has changed the way Hollywood decides which shows get made--and which ones don't. This episode originally aired in October of 2022.See omnystudio.com/listener for privacy

Covid-19 isn’t quite done with us yet, but virologists are urging governments around the world to start preparing for the next pandemic. They warn it’s just a matter of time before it happens, and with good planning lessons learned from the current response can keep us from getting caught flat-footed again. So far, though, such calls haven’t been met with much enthusiasm by politicians who have more immediate concerns in front of them.  Dr. Angela Rasmussen, a virologist with the Vaccine and Infectious Disease Organization at the University of Saskatchewan, joins this episode to explain where the next virus is likely to come from, and how to get in front of it. And Bloomberg reporters Riley Griffin and Josh Wingrove talk about what governments learned from covid pandemic–and what if anything they’re doing to brace for what’s to come. Read more about this story <a href="https://www.bloomberg.com/news/articles/2022-11-24/this-nation-was-ready-for-covid-now-it-s-eyeing-

There’s a new way for some countries struggling under piles of debt to get relief: by agreeing to spend part of the difference on the environment. The Nature Conservancy, the US-based environmental group, is teaming up with big financial institutions to offer what’s called Blue Bonds, or debt-for-nature swaps. The bank alleviates some of the country’s debt burden, and the government puts the savings toward restoring coral reefs and other environmental projects. Belize and the Seychelles are among a handful of nations that have taken the offer so far, and many more are in the works. Bloomberg journalists Sydney Maki and Natasha White join this episode to explain how these complex deals work–and who’s profiting from the bargain.Learn more about this story here: https://bloom.bg/3ZwzcdC Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or com

It’s been nothing but mayhem at Twitter since Elon Musk took the helm of the social media company late last year and began shaking things up in ways that don’t always seem to make much sense, especially from the outside. Many users are furious and advertisers are fleeing. Musk’s preoccupation with Twitter is also fueling concerns that he’s not paying enough attention to Tesla, his once-invincible electric car company that’s lost hundreds of billions of dollars in value. Bloomberg journalists Brad Stone, Sarah Frier and Kurt Wagner join this episode to explain Musk’s chaotic moves and where he goes from here. Read more about this story here: https://bloom.bg/3ivqHig  Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at bigtak

Millions of Americans–union workers, school teachers, firefighters, office employees at major corporations–are counting on a pension to support them when they retire. Pensions have always been seen as secure and reliable. But in recent years, some of the nation’s biggest pensions have run into trouble. Underfunded or underperforming, they don’t have enough to pay out. Increasingly, that means taxpayers are being asked to step in so retirees aren’t left with nothing. Which means the shaky pension pension system is very well costing you money–even if you don’t have one yourself. Bloomberg reporters Neil Weinberg, Suzanne Woolley and Akayla Gardner join this episode to explain why the nation’s $4 trillion pension system is having such a rough time–and how much it will cost the rest of us to pick up the slack.Read more about this story <a href="https://www.bloomberg.com/news/features/2023-01-04/us-public-pension-plans-run-by-investing-novices-are-on-the-edge-of-a-crisis"

In just the past ten years, the biggest US banks made an eye-popping trillion dollars in profit. To help get our heads around that staggering number, we asked Bloomberg reporters Max Abelson and Hannah Levitt–who cover the world of Wall Street–to explain how banks were able to dramatically increase their profits in such a short time–and how it impacts the rest of us. Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at [email protected] omnystudio.com/listener for privacy information.

Some big, crowded cities like New York and London have tried to reduce traffic jams and air pollution with congestion fees that make it expensive to bring your car downtown.  Now London is taking things a step further. Air pollution has fallen there. So the government is trying not just to cut down on the number of cars in the city, but using carrots–and sticks–to get people to abandon their gasoline cars altogether. Eric Roston, Bloomberg’s sustainability editor, joins this episode to explain why electric cars are such a big deal in tackling air pollution–and what a tall challenge it will be to make the switch on a large scale. And Feargus O’Sullivan, a contributing writer at Bloomberg CityLab, talks about what London is doing, and why other cities are watching. For more on this story: https://bloom.bg/3CsLf1Q See omnystudio.com/listener for privacy information.

One big obstacle for any Republican dreaming of becoming president in 2024: figuring out how to get past Donald Trump–without angering his legions of loyal supporters. One person who just may crack that code is Florida Governor Ron DeSantis. He won re-election in November by a huge margin, one of few bright spots for Republicans in a disappointing year. And he did it by doing something no other Republican has been able to do–appealing to Trump voters (along with independents and even some Democrats) while removing Trump himself from the conversation.  Bloomberg’s national political correspondent Joshua Greene joins this episode to talk about how DeSantis has so far managed to out-Trump Trump, and whether his strategy will work outside Florida–and possibly take him all the way to the White House. Red more about this story here: https://bloom.bg/3IoNUx7 Listen to The Big Take podcast every weekday and subscribe to our dai

If all the news lately about cryptocurrencies–and the fall of Sam Bankman-Fried and his FTX exchange–have left you wishing you had a better handle on the maddeningly complex world of crypto, we’re with you. So we asked Bloomberg Opinion columnist Matt Levine to join Wes this episode to answer: What exactly is crypto, both in theory and reality?(In case you missed it, Matt wrote a cover-to-cover story for Bloomberg Businessweek on the subject. So he seemed like a good person to ask.)Matt explains how crypto works and what gives it value. He looks at why once-soaring cryptocurrencies have now plummeted into an extended “crypto winter.” And he assesses the FTX fallout — and what it means for the fate of crypto when billions of dollars of customer money go missing. Learn more here: https://bloom.bg/3GjHFs6 Listen to The Big Take podcast every weekday and subscribe to our daily newslet

It was huge news when Carlos Ghosn, the once-celebrated auto executive, vanished from Japan in 2019 after being charged with financial crimes. He later emerged in Beirut, where he’s lived ever since, beyond the reach of Japanese authorities. Now the American father and son team who helped carry out his spy-novel escape are coming forward. They served time in a Japanese prison and are hoping Ghosn will help them pay off millions of dollars in legal bills. Bloomberg journalists Reed Stevenson and Brian Bremner join this episode to tell the story of what Ghosn’s escape cost the men—and the very different lives they, and Ghosn, live today. Learn more about the episode here: https://bloom.bg/3IjYZj2 Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at [email protected] <a href="https://o

For many years, pharmaceutical companies have tried and failed to find a treatment to slow symptoms of ALS–the debilitating, fatal illness also known as Lou Gehrig’s Disease. A potentially promising new drug from Biogen may offer some relief to those afflicted with an uncommon and especially insidious form of ALS that runs in families. Patients are urging the US Food and Drug Administration to speed access to the drug, which hasn’t yet been approved because clinical trials didn’t conclusively show it works. As pharmaceutical companies use new technologies to seek cures of all kinds, this tension between making sure drugs are effective and safe, and offering not-quite-ready but possibly life-saving treatment to people for whom it’s now or never, is becoming more acute. Bloomberg’s chief medical writer Robert Langreth joins this episode to talk about the race to find a treatment for ALS–and the back and forth between patients, companies and government regulators. We al

From Beijing to Boston, the food on our dinner plates is starting to look more and more alike. It used to be, we ate the local fruits, vegetables and grains native to where we live. Now, with the rise of industrial agriculture and cheap exports, the Western diet is taking over the globe.  Turns out that’s a big problem – and not just for health reasons. As the world grows dependent on an ever-narrower selection of nutrients, we’re at greater risk of a widespread food crisis from an unexpected shortfall of wheat or other key crops. Bloomberg journalists Jasmine Ng and Jin Wu join this episode from Singapore to talk about how and why the world’s diets converged. And Stefan Schmitz of Crop Trust–which promotes global food diversity–comes on the show to give a preview of what our dinner plates will look like in the future.Learn more about this story here: https://bloom.bg/3BRQWWN Listen to The Big Take podcast every

Billionaires are increasingly taking advantage of a provision in the US tax laws that lets them park money designated for charity in something called a donor advised fund. They get a tax break up front…and can let the money sit in the fund for as long as they like. It’s eventually got to be given to a charitable cause, but they don’t have to say when, or where it’ll go.  Bloomberg reporters Noah Buhayar, Ben Steverman and Sophie Alexander join Wes for a look at their analysis and reporting on donor advised funds–and why they’ve become so popular among the super wealthy. Jan Masaoka, CEO of the California Association of Nonprofits, also stops in to talk about what it means for charities that depend on those delayed dollars. Learn more about the episode: https://bloom.bg/3GxT3ll  Listen to

In the aftermath of the 2008 financial crisis, some of the biggest mortgage lenders in the US promised to extend billions in new loans to Black homebuyers. That hasn’t happened. Instead, the numbers are going in the opposite direction. Bloomberg senior economics writer Shawn Donnan joins Wes this episode to talk about why banks have fallen short of the goal–and what it means for families across the country. Dedrick Asante-Muhammad of the National Community reinvestment Coalition also joins to spell out what needs to be done to fix the problem. Learn more about this story here: https://bloom.bg/3YyRgDA  Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at [email protected] <a href="https://omnystudio.co

As the US coal industry dwindles, big mining companies that once made a fortune are packing up–and leaving behind a staggering mess of destroyed land and poisoned water. So who’ll pay to clean it up? Bloomberg reporters Josh Saul and Zachary Mider spent time in coal country and join this episode to talk about the multi-billion-dollar game of pass the buck now playing out in Appalachia. Learn more about this story here: https://bloom.bg/3HKh2yQ Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK Have questions or comments for Wes and the team? Reach us at [email protected] omnystudio.com/listener for privacy information.

In 2019, US officials seized a massive cargo ship called the MSC Gayane in the Port of Philadelphia. On board, they found containers filled with products of all kinds that the ship had picked up along its global route. They also discovered cargo that didn’t appear on the ship’s manifest—40,000 pounds of cocaine. Bloomberg investigative reporters Lauren Etter and Michael Riley join this episode to tell the wild story of how one of the world’s biggest cargo ships became an unofficial courier for a notorious European drug cartel. Learn more about this story here: https://bloom.bg/3Gaa7h4  Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at [email protected] omnys

This year saw some important advances for #MeToo. The US Congress passed two bills, now signed into law, that protect the rights of women who come forward to report sexual abuse in the workplace–and make it harder for companies to try to silence them. Two members of Congress who pushed that legislation through the House, Rep. Cheri Bustos and Rep. Lois Frankel, join this episode to explain the far-reaching consequences of the new laws.  Then Fatima Goss Graves, president and CEO of the National Women’s Law Center, and Bloomberg’s Equality editor Rebecca Greenfield give a broader view of how much has changed in the five years since #MeToo went viral–and how much more needs to be done.  Learn more about how companies in other countries are handling claims of sexism and racism: https://bloom.bg/3uRiW8Z Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: <a href="https://bloom.bg/3F3EJ

Well, some of them anyway. Each year, Businessweek’s Bloomberg 50 list introduces you to people in business, entertainment, finance, politics, science and technology whose work helped define the year. The 2022 list includes familiar names doing new things (Tom Cruise) and new names doing historic things (Tom Oxley, whose company invented an implant that lets users communicate with brain waves). Bloomberg 50 editor Bret Begun and a host of reporters join today's episode to share highlights from the list and talk about how the team made their picks. Learn more about this story here: https://bloom.bg/3YkHh4A Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at [email protected] <a href="https://omnystudio

While everyone was focused on Covid over the past few years, America’s decades-old opioid crisis entered a new deadly phase – largely because of one drug in particular: fentanyl. Potent, cheap and ubiquitous, it’s sometimes mixed by street dealers with other drugs including marijuana, cocaine and even adderall, creating a ‘cocktail’ that kills people who unwittingly buy it.  Bloomberg reporters Emma Court, Linly Lin and Leonardo Nicoletti join this episode to talk about the consequences of fentanyl’s rise in cities around the country. And Helena Girouard, a health official in hard-hit Volusia County, Florida, gives an up-close look at the crisis there and how the local government is trying to bring it under control. Learn more about this story here: https://bloom.bg/3FM4llG  Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK 

Bloomberg Investigative reporter Olivia Carville has spent months delving into TikTok, the hugely popular video social network. In November, she joined the podcast to talk about children who have died copying dangerous video challenges of the kind that can be seen on the app. Today, Olivia is back to talk about her latest story about TikTok for Bloomberg Businessweek.  It follows the life of a 16-year-old girl from Florida whose provocative videos have won her millions of followers–and many detractors who say TikTok shouldn’t allow this kind of content from minors on the platform.  Learn more about this story here: https://bloom.bg/3Ph6mJz Listen to the first conversation with Olivia about TikTok’s problem moderating the dangerous challenges HERE. Listen to The Big Take podcast every weekday and subscribe to our da

Our insatiable appetite for meat, eggs and cheese means there are billions of chickens, pigs and cows the world over. One consequence: animal agriculture is a leading contributor to greenhouse gas emissions and pollutants like ammonia and nitrogen. In Europe, governments are starting to crack down—demanding farms dramatically cut the size of their herds to meet environmental goals. Farmers are, to put it mildly, furious.  Bloomberg reporter Diederik Baazil joins this episode from Amsterdam to talk about how farmer’s protests against the new rules are boiling over in the Netherlands. And Wes also catches up with reporter Agnieszka de Sousa, Bloomberg’s “food czar” based in London,  for a look at how this problem has spread across Europe–and possible ways to fix it.  Learn more about this story here: <a href="https://bloom.bg/3FgxSSL" data-stringify-link="https://bloom.bg/3FgxSSL" data-sk="tooltip_parent" data-remove-tab-index="true" aria-describedby="sk-toolti

A group of Taylor Swift fans is suing Ticketmaster, the big live event ticket provider, after sales for her upcoming concert tour went haywire. It’s also drawn the attention of the US Justice Department. The government is investigating whether Ticketmaster is using its dominance in ticket sales to drive out competitors and drive up prices. And Ticketmaster isn’t the only big company in the government’s sights. The Biden administration has taken an activist stand against the consolidation of corporate power in tech and other industries.. Sara Forden, who leads Bloomberg’s coverage of corporate influence in Washington, and Leah Nylen, a reporter who writes about antitrust, join this episode to talk about Ticketmaster’s troubles– and a renewed push in Washington to rein in big companies. Learn more about this story here:

The secretive Al Nahyan family of Abu Dhabi has amassed a fortune of $300 billion–and they’re investing it around the globe, in everything from green energy and healthcare to Manchester City Football Club, SpaceX and Rihanna’s lingerie line. Bloomberg reporters Devon Pendleton, Ben Bartenstein and Nicolas Parasie join this episode to talk about the family’s global reach. Learn more about this story here: https://bloom.bg/3P3ChNz Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at [email protected] omnystudio.com/listener for privacy information.

In the early, scary days of the coronavirus pandemic, before vaccines, patients hospitalized with severe cases were often put on ventilators to keep them alive. That invasive treatment saved a lot of people. But the heavy sedation that sometimes went along with it has left many of them with debilitating side-effects. Doctors are now taking a hard look at how they’ve used sedation–and rewriting the rules for treating patients who require it. Dr. Wes Ely, a critical care physician with Vanderbilt University and a sedation expert, joins this episode to talk about the lessons he and his colleagues have learned from Covid. Jason Gale, a senior editor and biosecurity correspondent at Bloomberg who has reported extensively on the pandemic, also joins to tell the story of one woman whose life was saved, but may never be the same. Learn more about this story: https://bloom.bg/3VCOH1h  Listen to The Big Take podcast every

Democrats kept control of the US Senate in November’s midterm elections. So why is the political world so obsessed with who’ll win Tuesday’s Senate runoff election in Georgia between Democrat Raphael Warnock and Republican Herschel Walker? Bloomberg’s US politics editor Mario Parker, White House correspondent Nancy Cook and National editor Craig Gordon join Wes to answer that question–and explain how this single seat will determine the outcome of political battles heading into the 2024 presidential election.Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at [email protected] omnystudio.com/listener for privacy information.

Senior executive editor John Liu joins Wes from Beijing to talk about the protests happening across China, as anger at the government’s Covid Zero policy boils over. John walks through why and how the demonstrations began, what the government is doing to tamp them down and what he saw and heard on the streets. Learn more about this story: https://bloom.bg/3H5cVNt  Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at [email protected] omnystudio.com/listener for privacy information.

Online gambling is enormously popular in the UK. Millions of people spend hours a day playing  catchy games on their phones that keep them spinning–even when they’re losing big. No surprise that online gambling addiction is a serious issue.Now, some US states are loosening their gambling laws. And with it comes concerns that the problems gamblers in the UK are experiencing will soon play out on an even larger scale in America. Bloomberg reporters Gavin Finch and Harry Wilson join this episode to talk about the UK gambling boom, and what’s in store for the US. We also hear from Stewart Kenny, a co-founder of the gambling company Paddy Power, who walked away from the industry and is now one of its most vocal critics. Learn more about this story here: https://bloom.bg/3iq35LM  Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: <

A heads up: This episode is on a difficult subject and some of it isn’t easy to listen to. You might want to listen with headphones if children are nearby. In just a few short years, TikTok has become as ubiquitous as Instagram, Facebook and Twitter. The brief videos and fun dance challenges that TikTok’s one billion users post on its app often become viral sensations.  But there’s a darker side to the platform, and one TikTok is having a hard time fixing. Young children who aren’t supposed to have full access to the app are finding ways around the company’s safeguards and logging on. When they do, they're exposed to some content that's not suitable for kids, including viral videos that challenge users to do dangerous things– sometimes, with tragic results. Bloomberg senior reporter Olivia Carville joins this episode to discuss her investigation of how kids are using TikTok–and what t

As China seeks to grow its economy and increase its global influence, it’s lending billions of dollars to help governments around the world fund big, expensive projects that otherwise would be out of reach. In Asia, Africa–and, notably, in Latin America, next door to the US.  That money could pay off politically, too, in the ongoing rivalry between Washington and Beijing.  For a look at China’s global projects–and what its leaders hope to accomplish with them–Rebecca Choong Wilkins joins this episode. She’s a Bloomberg government reporter based in Hong Kong. We then talk with Jonathan Gilbert, a reporter based in Buenos Aires, who describes what happens when China comes calling

A good boss can make the difference between a job you love and one you can’t stand. Workers are more willing to suffer bad bosses when the job market is tight. But when they have choices–like now in the US–they’re quicker to demand better working conditions, or up and quit. One place taking notice of employee discontent: America’s business schools. Senior reporter Matthew Boyle joins this episode to talk about why top MBA programs are now teaching classes on how to be a better boss. Wes also talks to two recent MBA grads about how their experience changed the way they think about running a business–and treating employees. Learn more about this story here: https://bloom.bg/3Vv2mHk  Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at [email protected].

Green bonds are surging in popularity across the globe, as companies and governments want to show they’re investing in environmentally friendly projects–and people want to feel good about where they’re putting their money. The thing is, it’s not always easy to tell if a green bond is actually going toward a cleaner future–or if it’s mostly a marketing ploy. Aaron Rutkoff, Executive Editor at Bloomberg Green, joins this episode to spell out what green bonds are, how they work and how to tell the difference between what’s real and what’s hype. Wes also speaks to Hong-Kong based Bloomberg reporter Rebecca Choong Wilkins, who worked on a big story about the explosion of green bond spending in China.  And producer Federica Romaniello takes us to a construction site in London to look at how green bonds are being used to fund a project to clean up the River Thames. Learn more about this story here: <a href="https:

A growing number of workers at Apple Stores across the US believe the company they once loved to work for is changing–and they’re not happy about it. They say the famously low-key, no-pressure showcases for Apple’s products have turned into just another retail floor, where associates at some stores and technicians at the Genius Bar are expected to upsell customers–or encourage them to buy new devices instead of fixing their current ones. Apple retail workers at two stores have already voted to unionize, and others may follow. Josh Eidelson, Bloomberg’s senior labor reporter, joins this episode to look at the state of play for Apple workers who are frustrated with “Big Apple” and why some see the union drive as a way to persuade the company to return to its roots. Wes and Josh also zoom out to look at how Apple’s retail challenges are similar to those of other big-name US companies where workers have unionized, and how the bosses are pushing back. Learn more a

Shein is one of the biggest fast-fashion brands in the world. Young women and girls film their “Shein hauls” for TikTok — showing off piles of trendy, cheap clothes they bought from the Chinese company. It’s on track this year for sales around $8 billion in the US alone. But a new investigation traces the origin of the cotton in some Shein clothing to the Xinjiang region of China, where the US and other Western nations say the Chinese government has imprisoned Uyghur Muslims and carried out a campaign of forced labor. Bloomberg senior writer Sheridan Prasso joins this episode to talk about her investigation–and about the downsides of the world’s demand for more and more cheap clothes. Ayesha Barenblat of Remake, a group that advocates for stronger ethics in the fashion industry, also comes on the podcast.  She explains how to find out if your favorite clothing brands are acting responsibly–or cutting corners.   Learn more about this story here: <a href="https

What happens when a small country all of a sudden strikes it fantastically rich? The South American country of Guyana, is finding out in a big way. A nation of just 800,000 people, its economy centered on agriculture and mining–until 2015, when Exxon discovered a massive oil field beneath Guyana’s territorial waters.Now, Guyana is flush with oil riches. Monte Reel, a Bloomberg investigative reporter, joins this episode to tell the story of the unusual way the government plans to spend some of it– future-proofing the country from rising water that threatens its shores. But in 2015, Guyana — more specifically Exxon — struck oil. Billions and billions of barrels worth of oil. Now the country is going all in on its oil discovery — even as it navigates a warming planet.  Monte Reel is an investigative reporter for Bloomberg and recently spent time in Guyana. He joins this episode to share how this smal

Russia’s military has targeted libraries and museums across Ukraine that housed irreplaceable books and documents and works of art.  Now, with the help of advanced digital modeling and other technology, Ukrainians are documenting what’s been destroyed — and preserving what can be salvaged for future generations. This episode features Marc Champion, senior reporter for International Affairs at Bloomberg, who gives an up-close view of what’s happening in Ukraine now and where the war is headed.  We also hear from Sergey Revenko, an architect in Kiev who constructs 3D digital models of destroyed cultural sites. And Bloomberg graphics reporters Marie Patino and Rachael Dottle tell us about an immersive interactive story they created tha

High prices for just about everything are making us all suffer–and there’s no end in sight. Why is inflation hanging on for so long, and when will it finally let go? The answer is…complicated. Fortunately Tom Orlik, Bloomberg’s chief economist, is here to cut through the confusion. He joins Wes to explain what’s happening to the economy in the US and around the world, and where things are headed. Plus, Wes heads to the Rose Avenue Bakery in Washington DC to see firsthand how a small business is getting creative to stay afloat–and even thrive–during these chaotic times. Learn more about this story here: https://bloom.bg/3Uw5PW4 Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at bigtake@blo

We’re talking about heat in this episode. That might strike you as a bit odd, especially if you live in the northern hemisphere where summer’s long gone by now. But it’s easy to put out of your mind that the Earth is getting hotter in the winter, too. Extreme heat from climate change is now a major health threat that is sickening and killing more and more people. This has led some cities — just a handful of them so far — to do something pretty interesting. They’ve hired  “heat officers,” and two of them join Wes to talk through what it means to make a living battling rising temperatures–and why it’s a year round job. Linda Poon with Bloomberg’s CityLab also joins Wes to explain why extreme heat has become top of mind, regardless of the season. Read more here: https://bloom.bg/3TGrKZk  Listen to The Big Take podcast every weekday and su

The US Supreme Court has ruled that Americans have a Second Amendment right to keep guns in their homes for self-defense and to carry them in public. But the Court has also been clear that the federal government and states can require background checks and place certain restrictions on who can buy guns and where they can be carried. States can also limit or outlaw certain firearms for public safety.  In this episode, we look at how a rapidly growing number of small gunmakers are testing some of these restrictions–and finding a lucrative new market. Jason Grotto, an investigative reporter for Bloomberg, joins to talk about the popularity of guns by niche manufacturers. We also head to Denver to hear from Rob Pincus, a firearms safety instructor, former law enforcement officer and vocal gun rights advocate, who’s getting ready to bring his first gun to market. Learn more about this story here: <a href="https://www.bloomberg.com/graphics/2022-gun-manufac

Ever wonder what actually happens to all the plastic you dutifully toss in the recycling bin? Kit Chellel, an investigative reporter for Bloomberg, set out to answer that very question. And what he found out is…well we’re not gonna give it away.  Then, Wes picks up with reporter Matthew Campbell, who went to see for himself where a lot of that plastic piles (and piles and piles) up.This episode also features Judith Enck, president of Beyond Plastics, who explains why it’s so hard to recycle this stuff. Learn more about this story here: https://bloom.bg/3tqqP4p Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at [email protected] omnystudio.com/listener for privacy information.

The mighty Mississippi River cuts the United States essentially in half from Northern Minnesota all the way down to the Gulf of Mexico. It has a lot of history and romance around its waters, and is also one of America’s most important routes for commerce. More than 1 trillion pounds of goods travel down the river each year. But, as water levels have dropped significantly in key parts of the river, it’s stopped some ships cold. The river is now backed up with billions of dollars of corn, wheat, fertilizer and steel, waiting for water levels to rise again. What happens when one of the most important rivers in the world’s largest economy can’t keep a boat afloat? Michael Hirtzer, an agriculture reporter for Bloomberg in Chicago, joins this episode to answer that question. Wes also checks in with Captain E. Michael Bopp, a Mississippi River pilot and President of the Crescent River Port Pilot Association, and <

The US Food and Drug Administration is supposed to make sure the medications we take are effective–and safe. But when a small independent lab in Connecticut called Valisure started testing popular drugs and health products, it turned up some alarming results–including carcinogens and other dangerous substances. You might think the FDA would welcome this information. Not so fast. Bloomberg reporter Anna Edney joins this episode to talk about how Valisure’s findings have shined a light on serious flaws in the way medications are tested and approved. Valisure CEO David Light talks with Wes about how his lab identifies harmful substances in products, and how the FDA responded when he came forward with his lab’s findings. Then Dr. Diana Zuckerman, President of the National Center for Health Research, stops by to answer the question: Is the FDA too close to the companies it oversees? Learn more about this story here: https://bloom.bg/3EdV

Here's a thought experiment. It's the middle of winter and you can't afford to pay for both heat and electricity. Which do you stop using first? The lights? The stove? The furnace? This is the real life choice people in the UK and parts of Europe will have to make this winter, and in the years ahead. Fallout from Russia’s invasion of Ukraine and other economic pressures have driven up the price of fuel for homes and businesses alike. Earlier this year, the UK braced for shortages and  planned for possible rolling power outages. Governments across Europe have rolled out fuel price supports to try to keep millions of households from falling into what’s called “fuel poverty.” And the problem won’t stop there. People everywhere, including the US, will face rising prices and uncertainty as nations compete for affordable, reliable energy.<

Since Russia invaded Ukraine in February, the US and other Western nations have imposed economic sanctions on scores of Russian billionaires close to President Vladimir Putin. They’ve also gone after their assets–including the enormous yachts prized by billionaires the world over. But now comes the question: What will happen to them? Investigative Reporter Stephanie Baker joins this episode from London to share her reporting on big boats in legal limbo. Learn more about this story here: https://bloom.bg/3TbFfzQ  Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK  Have questions or comments for Wes and the team? Reach us at [email protected] omnystudio.com/listener for privacy information.

Here’s a random yet important fact: Copper is one of the very best conductors of electricity of all metals. And that matters, because as we move toward a world in which more and more things in our lives plug in or charge up–not just your phone, but electric vehicles, solar panels and wind turbines that will power the future–copper is in increasingly high demand. Worldwide, about 21 million metric tons of it are hauled up from the ground each year. And demand will soon double.Some of the richest reserves of copper are found in Southern Africa. But getting it from deep underground and trucking it thousands of miles to buyers can be a harrowing journey. Without more production or new mines, the world could be looking at shortages, and soaring prices for copper and the products that use it. Joining this episode are Santiago-based commodities reporter James Attwood, and <a href="https://www.bloomber

Messenger RNA technology made it possible for scientists and drugmakers to quickly develop a Covid-19 vaccine. Now, pharmaceutical companies are racing to use mRNA for other illnesses, including flu, cancer and rare genetic diseases.  Dr. Drew Weissman, one of the researchers who pioneered the mRNA technology that led to the Covid vaccine, joins this episode to talk about his discovery, and the impact it will continue to have on the way patients are treated. Bloomberg’s biosecurity reporter Riley Griffin stops in to discuss Pfizer’s next phase of developing mRNA vaccines. And Bloomberg’s chief medical writer Robert Langreth forecasts how this technology could transform treatment for a

On November 6, leaders around the world will gather for the annual UN Climate Change conference, known this year as COP27. The aim: finding ways to slow the warming of the planet, before it’s too late.  Take Egypt—it’s getting hotter at twice the pace of some other nations, and also happens to be the host of this year’s conference. If it continues to warm at its current rate, the country's crops will wither and the capital, Cairo, will become unlivable. What’s happening in Egypt right now is a glimpse into the future for the rest of us if governments don’t get serious about the climate. Bloomberg climate reporter Laura Millan Lombraña joins this episode from Madrid to walk us through what’s at stake as COP27 is set to begin–and give us the good and bad news about where the Earth’s climate is heading. And energy reporter <a href="https://www.bloomberg.com/authors/AQi27jCv_lA/salma-el-war

The US is just a week away from the midterm elections, which will decide governors’ races in 36 states--and whether Democrats will keep their majority in the House of Representatives and the Senate. Some Republicans up for election, though, are still disputing the results of the last election. Taking their cue from former President Donald Trump, hundreds of GOP candidates falsely claim that Trump was the real winner in 2020 and that Joe Biden stole the election from him. In five key states where Trump tried and failed to overturn the results in 2020, Republican nominees for governor and other roles overseeing elections are pushing changes to election laws. If they succeed, it could be easier to dispute the outcome if Trump or another candidate tried to do that again in 2024, when the White House is next at stake. To measure how sound the US election system is, Bloomberg created an “Election Risk Ind

For decades, colleges and universities across the US have promoted the value of having a diverse student body on campus.  The Supreme Court could soon change that. On Oct. 31, the justices will consider two challenges to affirmative action in college admissions, and if they choose to strike it down, there will be enormous repercussions for who gets into the nation’s top schools — and who doesn’t. So what will college campuses look like in an America without affirmative action? And are there other ways for admissions officers to work around a potential ban on the practice?  Bloomberg Senior Reporter Greg Stohr joins with insights on what we can expect from the Supreme Court, and Equality Reporter Kelsey Butler explains how colleges around the country are bracing for massive disruption.  Learn more about this story here: https://bloom.bg/3SO4b0m Listen to The Big Take podcast every weekday and subscribe to

Remember when everyone loved to complain how there were 150 channels on TV and nothing good to watch? It’s pretty hard to say that now. There are so many good shows being made. Our new complaint: how hard it is to watch all those great shows, especially when they’re spread across so many streaming services—and most of them you have to pay for. How did we get here?  Bloomberg media reporter Felix Gillette has answers.  He’s the co-author of the upcoming book It's Not TV: The Spectacular Rise, Revolution, and Future of HBO.Felix joins this episode to break down why TV has never been better–and yet has never been more frustrating to watch.  Bloomberg’s entertainment reporter Lucas Shaw also stops in to explain how this shift has changed the way Hollywood decides which shows get made--and which ones don't.Read the Book excerpt here: https://bloom.bg/3SI08CA Listen to The Big Take pod

Hello and welcome to The Big Take Podcast! Today: The good news, and not so good news, about the US middle class. With inflation rising, the stock market ping-ponging and housing prices softening, that broad swath of Americans who form the backbone of the US economy are getting hit on all sides. Bloomberg reporters Shawn Donnan, Alex Tanzi, Claire Ballentine and Airielle Lowe teamed up to take a look at how middle-income Americans are doing. The answer: Not so badly, actually–at least on paper. Even so, they’re worried about what’s next for them. And they have good reason to be. Shawn sits down with Wes to share the results from their exclusive polling and what these precarious economic times mean for the fortunes of working Americans. Learn more about this story here: https://bloom.bg/3faCxwM Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: <a href="https://bloom.bg/3F3

Each weekday, The Big Take brings you one story—one big, important story that impacts your life. Host Wes Kosova talks to Bloomberg journalists around the world, experts in their fields and the people at the center of the news to help you understand what’s happening, what it means and why it matters. Money, politics, the economy and business, energy, the environment, technology—we cover it all on The Big Take. And we do it in plain English. The Big Take features the best of Bloomberg's in-depth, original reporting from around the globe. Listen each weekday starting on Oct. 27. Learn more about The Big Take <a href="https://nam04.safelinks.protection.outlook.com/?url=http%3A%2F%2Fwww.bloomberg.com%2Fbigtake&amp;data=05%7C01%7CTylerKlang%40iheartmedia.com%7C8e072f94dae4418fc29d08daabc9d605%7C122a527e5b714eba878d9810b495b9e3%7C0%7C0%7C638011180622574657%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&amp;sdata=Y