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Big Take

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The Big Take from Bloomberg News brings you inside what’s shaping the world's economies with the smartest and most informed business reporters around the world. The context you need on the stories that can move markets. Every afternoon.

Episodes

TEAM FAVORITE: India Weighs An Historic Expansion of Marriage Rights

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...

Sep 01, 202325 min

TEAM FAVORITE: A Gun That Knows Who’s Pulling The Trigger

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 l...

Aug 31, 202329 min

TEAM FAVORITE: Summer Heat Is Straining The US Power Grid. Winter Cold Could Be Worse.

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 ...

Aug 30, 202329 min

TEAM FAVORITE: Chatbots And Deepfakes Are Coming For Your Election Cycle

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 ...

Aug 29, 202324 min

TEAM FAVORITE: How A Satellite Hack Became a Cybersecurity Wakeup Call

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 ad...

Aug 28, 202333 min

Xi Jinping’s Economic Plan: Let China Struggle

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...

Aug 25, 202328 min

Why Is The US Dependent On Russian Uranium?

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 ...

Aug 24, 202324 min

Chris Christie's Anti-Trump Strategy: Act Like Trump

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 re...

Aug 23, 202326 min

The Latest AI Scams Look And Sound Just Like You

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 ...

Aug 22, 202321 min

Massive Wind Turbines Are Rising From The Atlantic Ocean

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...

Aug 21, 202326 min

Are Tensions Easing Between The US And Iran?

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: ...

Aug 18, 202325 min

What’s Behind Washington’s Sudden Fascination With UAPs?

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: Cl...

Aug 17, 202329 min

Trump Faces A Powerful Anti-Corruption Law In Georgia

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...

Aug 16, 202328 min

Avoiding War With China Is The Top Issue In Taiwan's Election

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 ...

Aug 14, 202335 min

Worrying About Money Is A Great Equalizer In America

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. ...

Aug 14, 202325 min

Big Take News Wrap: 2024. Drones In The Black Sea. A Bumpy Global Economy

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/3F3EJ...

Aug 11, 202328 min

A New Housing Development With A Firm Rule: No Cars Allowed

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...

Aug 10, 202326 min

Tesla Owners Love Their Cars. They're Not That Into Elon Musk

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 ...

Aug 09, 202328 min

The US Lures Top Companies From Allies With 'Made In The USA' Push

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 ...

Aug 08, 202325 min

In Hollywood, Fears of AI Scripts Performed By AI Actors

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 o...

Aug 07, 202327 min

New Technology Is Here To Fight Climate Change. Will We Use It?

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 List...

Aug 04, 202327 min

Trump’s Back In Court On New Criminal Charges. Now What?

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 Charg...

Aug 03, 202330 min

Kevin McCarthy Gave Right Wing Members More Power. They're Using It

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 Ramp...

Aug 02, 202325 min

A ‘Great Reset’ Is Shifting How The World Trades

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 an...

Aug 01, 202329 min

The EU Is Leading The Charge On AI Regulation

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...

Jul 31, 202327 min

Biden Still Wants To Tackle Student Debt After The Supreme Court's Ruling

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 ...

Jul 28, 202323 min

Giorgia Meloni Faces Big Tests On China, Russia And The EU Economy

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 M...

Jul 27, 202327 min

There’s A Lot You Don’t Know About The US Space Force

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, a...

Jul 26, 202338 min

US-Made Guns Are Fueling Global Shootings

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 p...

Jul 25, 202334 min

Rhino Horn Poachers Are Forcing Rangers To Innovate

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: http...

Jul 24, 202323 min
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