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Big Take

Bloomberg and iHeartPodcastswww.bloomberg.com

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

The $500 Billion Medicare Overpayment Claim

More than half of Americans enrolled in Medicare receive their coverage from a private insurer through a program called Medicare Advantage. But according to whistleblowers, some of those companies may be overcharging the government and getting billions of taxpayer dollars in the process. Several Justice Department investigations have followed those claims. On today’s Big Take podcast, we hear from one of those whistleblowers and Bloomberg health-care reporter John Tozzi about how Medicare ...

Feb 25, 202516 min

Inside Walmart’s Next Chapter With CEO Doug McMillon

Doug McMillon has been running Walmart since 2014. He’s credited with pushing the company into the digital age and successfully steering it through the COVID-19 pandemic. Now, he’s turning his attention to the company's next chapter and new challenges ahead. On today’s Big Take podcast, Bloomberg reporters Jaewon Kang and Devin Leonard travel to Bentonville, Arkansas, to interview McMillon about navigating a second Trump presidency, appealing to higher-end shoppers and the comp...

Feb 24, 202517 min

Why Eggs Are So Expensive Right Now

The price of eggs was up 15% in January, driving overall inflation higher. The cause? Bird flu. We’re joined by farmer Jim Hayes, as well as the hosts of Bloomberg’s Odd Lots podcast, Joe Weisenthal and Tracy Alloway, to talk about how bird flu threatens the chicken supply chain and public health — and what, if anything, can be done to lower egg prices. Listen to  Beak Capitalism from Odd Lots . See omnystudio.com/listener for privacy information....

Feb 21, 202517 min

How Trump Is Turning to Russia to End the War in Ukraine

Monday marks the three year anniversary of Russia’s full-scale invasion of Ukraine. And over the last few days, Trump has revealed his approach to ending the conflict. It would reverse years of US foreign policy in the region and has, so far, left Ukraine out of direct conversations with Russia. On today’s Big Take DC podcast, Bloomberg reporter Iain Marlow takes us inside the historic US-Russia talks in Saudi Arabia and explains what Trump’s pivot in policy and alliances could...

Feb 20, 202514 min

Undocumented Workers Helped Build Elon Musk’s Tesla Gigafactory

Over the last four-and-a-half years, the footprint of Elon Musk’s Texas business empire has undergone rapid expansion. It now includes SpaceX facilities and a sprawling Tesla gigafactory outside the state capital. New Bloomberg reporting shows that undocumented workers helped to build some facilities — even as Musk ratcheted up his anti-immigration rhetoric and advocated for a border crackdown. On today’s Big Take podcast, Bloomberg’s Julia Love investigated how undocumen...

Feb 19, 202519 min

How Amazon Rival Temu Got Sucked Into Trump’s Trade War

Since its US launch in 2022, Chinese marketplace Temu has rapidly risen to become America’s biggest e-commerce platform after Amazon, thanks to ultra-low prices on almost every product imaginable. On today’s Big Take Asia Podcast, host K. Oanh Ha speaks to Bloomberg’s Spencer Soper and Rachel Chang about Donald Trump’s order to close a tariff loophole and what it means for American shoppers and the giants supplying them with goods direct from China. Further listening: The...

Feb 18, 202517 min

How a Libertarian Island Experiment Became an $11 Billion Nightmare

Prospera is a city-state operated by a private company on the Honduran island of Roatan. It offers businesses single-digit tax rates and the ability to choose their own regulations. Its proponents have touted it as a poverty relief initiative for the country and as the most ambitious experiment in self-governance ever undertaken. But that dream is now facing an existential crisis. A little more than a decade after Honduras changed its constitution to allow for places like Prospera, a new politic...

Feb 17, 202520 min

It’s Not You. There’s a Dating Recession Happening Right Now

This Valentine’s Day, as many as 13 million more Americans are single than before the pandemic.  On today’s Big Take podcast, Bloomberg reporter Ben Steverman shares what he’s learned about the cause of this love slump and how it’s taking a toll on Americans’ hearts and on the US economy. And host Sarah Holder meets a group of singles taking matters into their own hands. Read more: The Covid Pandemic Left an Extra 13 Million Americans Single See omnystudio.com/...

Feb 14, 202515 min

The Battle Over USAID Is Heating Up

President Trump’s attacks on a key international aid agency, USAID, has left its work frozen and kicked off a fierce legal battle between his administration and US courts over its future.  On today’s Big Take DC podcast, we hear from Bloomberg’s Simon Marks and health care workers on the ground in Nairobi about how the fight playing out more than 7,000 miles away is affecting HIV treatment there. And national security editor Nick Wadhams explains why Trump has taken aim at...

Feb 13, 202517 min

How Intel Lost Its Edge

Intel invented computer processors and was a dominant supplier of chips for decades. Now AI is fuelling record demand for next-generation chips. But Bloomberg’s Ian King says Intel is no longer the go-to partner for the global tech industry, and the company is at risk of disappearing. What went wrong? Today on the show: The rise and fall of Intel, and where it could go from here. Read Ian King’s coverage of Intel. See omnystudio.com/listener for privacy information....

Feb 12, 202518 min

China’s New Game Plan for Dealing With Trump Tariffs

As US President Donald Trump imposes new tariffs on China, Xi Jinping's government has had a far more muted response than it did during the trade war in Trump’s first term. On today’s Big Take Asia Podcast, host K. Oanh Ha is joined by Bloomberg editor Jenni Marsh and Bloomberg Opinion columnist Shuli Ren to unpack China’s response to Trump’s barrage of tariffs and discuss what’s at risk for both countries if they find themselves in another trade war. Read more:&nbs...

Feb 11, 202518 min

For European Start-Ups, Valuation Depends On Location, Location, Location

Financial markets in Europe have long been fragmented and constrained, driving home-grown startups to list and raise capital in the US. Now, Europe is trying to reverse the trend. Can it hold onto innovative firms — and talent?  Today on the show, host Sarah Holder talks to Bloomberg’s Sagarika Jaisinghani about why location matters so much for startups and what Europe’s challenges mean for the region’s economic outlook. Read more: Broken Markets Hold Back Europe as ...

Feb 10, 202516 min

How Much Is a Wall Street Bonus Really Worth?

It’s bonus season on Wall Street. But if you work for a bank, you know that the number you’re quoted is almost never the number you get when it comes time for that bonus to pay out. On today’s Big Take podcast, global finance reporter Laura Noonan shares what she learned by crunching the numbers on which banks deliver more or less than they promised. Read more:  How Much Your Wall Street Bonus Is Really Worth See omnystudio.com/listener for privacy information....

Feb 07, 202511 min

Treasury Secretary Scott Bessent on DOGE, Taxes and the Fed

Nine days after his swearing in, Scott Bessent sat down with Big Take DC host Saleha Mohsin at the US Treasury Department. They discussed topics in his purview dominating the headlines — Elon Musk’s DOGE efforts, tariffs — and his plans for taxes, trade, the Fed and more. See omnystudio.com/listener for privacy information.

Feb 06, 202522 min

What Economists Talk About When They Talk About AI

Silicon Valley tech leaders have been brimming with optimism in recent years about the future of artificial intelligence — and investors have bet big on the transformational power of the technology.  Then last week, China’s DeepSeek emerged as a disruptive force and the value of Nvidia Corp. fell by half a trillion dollars. More than ever, investors are wondering about whether big bets on AI will pay off in the long run. Bloomberg Economics Chief Economist Tom Orlik sees three c...

Feb 05, 202514 min

Trump Is Trying to Take Control of Spending From Congress. Will It Work?

Trump says the president should be able to decide how to spend taxpayer money – not Congress. Part of his plan? Impoundment: A controversial maneuver that could wrest control of trillions of dollars in federal spending away from Congress. Bloomberg politics reporter Gregory Korte joins Big Take DC host Saleha Mohsin to explain what impoundment is, the pushback against Trump’s efforts and how the battle over its legality could play out. Is there an idea in the news that you want expla...

Feb 04, 202514 min

The Tariff Wars Are Here — And They’re Messy

Is it a trade war or is it whiplash?  On Saturday, President Trump announced new 25% tariffs on imports from Canada and Mexico, and an additional 10% tariff on Chinese goods. On Sunday, he said tariffs were coming for the European Union, too. The tariffs were initially supposed to take effect at 12:01 am Tuesday morning eastern time, but since that weekend announcement, the tariffs on Mexican and Canadian goods have been delayed for one month. Meanwhile, the tariffs on Chinese goods are pro...

Feb 03, 202518 min

What's Behind Gold's Record Rally

Shuibei, in southern China, is home to one of the world's biggest retail markets for gold. Over the past year, it's seen a boom in demand for the jewelry, sold by thousands of stallholders, as the Chinese property crisis and slowing economy spurred a flight into gold. So much so that Chinese consumers helped propel the global gold price to record highs in 2024. On today's Big Take Asia podcast, K. Oanh Ha talks to Bloomberg's Chongjing Li about the enduring appeal of the precious metal in China,...

Jan 31, 202513 min

A Uranium Mine, the Navajo Nation and a Six-Month Standoff

On Wednesday, the Navajo Nation and the mining company, Energy Fuels Inc., announced a new agreement detailing how uranium could be transported through tribal lands.   The agreement ends a stalemate between the two parties. And it comes at a time when interest in nuclear energy — and the cost of the uranium that fuels it — is surging. On today’s Big Take podcast, Bloomberg’s Jacob Lorinc joins host Sarah Holder to break down the painful history of uranium mining...

Jan 30, 202516 min

How Trump and Musk Are Testing Boeing’s Path to Recovery

It’s been a tough stretch for Boeing. Its new CEO Kelly Ortberg is trying to rebuild public trust and turn the company’s finances around, all while navigating pressure from President Trump to deliver new Air Force One jets and working with the founder of one of Boeing’s chief rivals, Elon Musk. On today’s Big Take podcast, Bloomberg senior aerospace reporter Julie Johnsson joins host David Gura to explain the turbulent road ahead for the US planemaker. Read More:  El...

Jan 29, 202513 min

Tariffs Could Hit Canada Soon. Its Ex-Finance Minister Wants to Hit Back

Chrystia Freeland sent shockwaves through Canada when she resigned as Prime Minister Justin Trudeau’s Finance Minister in December. Her public resignation letter blasted Trudeau for not doing enough to prepare for the second Trump administration. Now, she’s running to replace him. Freeland sat down with Big Take host David Gura in Toronto on Tuesday to discuss her views on US-Canada trade, and how she says she would negotiate with Trump if she becomes Canada’s next leader. See ...

Jan 28, 202534 min

The DeepSeek Freak Out

The AI chatbot from DeepSeek, a Chinese company, rocketed to the top of US app stores over the weekend — and sent US tech shares plummeting Monday morning. The US has been trying to choke off China’s access to cutting-edge AI chips, but DeepSeek claims it’s still managed to develop tech that rivals ChatGPT and its competitors at a fraction of the cost. Today on the show, Bloomberg’s Jackie Davalos on what DeepSeek’s models can do, why they’ve sent tech stocks ...

Jan 27, 202517 min

Influencers Fueled Zyn’s Rise. Could the Attention Backfire?

Zyn nicotine pouches hit the market as a run-of-the-mill tobacco-replacement product, but over the past few years, they’ve gone viral thanks to so-called “Zynfluencers”: content creators who post about Zyn. They’re not paid by Zyn’s parent company Philip Morris, and while the online hype has likely helped sales, it also presents risks for the tobacco giant. Today on the show, Bloomberg Businessweek writer Ellen Huet joins host Sarah Holder to discuss what could beco...

Jan 24, 202517 min

Is Work From Home Officially Over?

As President Trump and JPMorgan CEO Jamie Dimon require workers to come back to the office full-time, the costs and benefits of remote versus in-office work are still up for debate. Bloomberg’s work and management editor Heather Landy says many CEOs are at odds with their employees and what they want. On today’s Big Take podcast, Landy joins host David Gura to explain what’s behind the return-to-office trend and how US workers feel about it. See omnystudio.com/listener for priv...

Jan 23, 202514 min

The Most Influential Person in Davos Isn’t There

With Donald Trump back in the White House, global business leaders attending the World Economic Forum’s annual meeting in Davos, Switzerland this week seem to be falling into line with the US president’s “America First” agenda. Today on the show, host David Gura talks to Bloomberg’s Ted Mann about Trump’s influence over Davos, and the CEOs who missed the opening of the conference — including Elon Musk, Jeff Bezos and Mark Zuckerberg — but had front...

Jan 22, 202514 min

Americans Flocked to RedNote as the TikTok Ban Loomed. Will the Party Last?

The US ban on TikTok saw millions of users – predominantly Americans – flock to another Chinese social media platform: Xiaohongshu, also known as RedNote. So far, the vibe between Chinese and American users has been convivial. But can the good times last? On today’s Big Take Asia Podcast, host K. Oanh Ha is joined by a TikTok user from Mississippi who recently joined RedNote and by Bloomberg reporter Gao Yuan to discuss what this sudden influx means for the app, its users and C...

Jan 21, 202518 min

The Second Trump Era Begins

On Monday at the US Capitol, Donald Trump was sworn in as the 47th American President. He then took to the podium to make his inaugural address and, shortly after, gave a rally-style speech for his supporters.  Today on the show, Washington, DC bureau chief Peggy Collins joins host Sarah Holder to discuss what Trump’s first remarks say about his priorities for the next four years. Read more:  Trump Inaugural Speech Vows ‘Golden Age’ to Reverse US Decline See omnystudi...

Jan 21, 202519 min

Antony Blinken: The Exit Interview

In his final month as the United States’ chief diplomat, Secretary of State Antony Blinken raced around the globe, responding to conflicts in the Middle East and the latest developments in the war in Ukraine. During a stop in New York, he sat down with host David Gura to talk about how he is preparing to hand over the country’s sprawling foreign policy portfolio to the incoming Trump administration. See omnystudio.com/listener for privacy information....

Jan 18, 202518 min

Janet Yellen: The Exit Interview

Treasury Secretary Janet Yellen has been a fixture in the economic policy world for decades. She was President Clinton’s chief economic adviser, a Federal Reserve governor and served as Fed Chair under President Obama. As her tenure at Treasury comes to an end, Yellen sits down with host David Gura to discuss the possibility of additional sanctions on Russian oil and communication between the US and China, and she reflects on her long career as a pioneering economic policymaker. See omnyst...

Jan 18, 202518 min

Gary Gensler: The Exit Interview

Gary Gensler’s tenure as Wall Street’s top regulator is coming to an end, and the US Securities and Exchange Commission chair is reflecting on his time at the agency. In an interview with host David Gura, Gensler responds to his critics, discusses his concerns about AI, China and crypto — and shares the advice he gave President-elect Trump’s pick to replace him. See omnystudio.com/listener for privacy information....

Jan 18, 202517 min
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