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.
Tulum, Mexico has exploded in popularity since the early years of the pandemic. The area’s few Covid restrictions, picturesque beaches and laidback vibes attracted lockdown-weary travelers and helped trigger a real estate boom. On today’s Big Take podcast, Bloomberg reporters Andrea Navarro and Tanaz Meghjani join host Sarah Holder to discuss the dark side of a pandemic-era development spree in Tulum that has left a trail of ripped off investors, millions of dollars in missing cash and even two ...
Senator Elizabeth Warren has been shaping US policy for years. She helped create the Consumer Financial Protection Bureau after the 2008 financial crisis, has been a senator since 2013 and ran for president in 2020. Today, she’s a key voice in the Democratic Party’s opposition to President Trump's agenda and the priorities of a Republican-controlled Congress. Ahead of Thursday’s confirmation hearing of Trump’s Securities and Exchange Commission Chair nominee, Paul Atkins, Big Take host David Gur...
Private equity is looking for new ways to raise capital. The industry has its eye on a $12 trillion piece of America’s retirement market. On today’s Big Take podcast, private equity reporter Allison McNeely joins host Sarah Holder to explain why PE firms are targeting 401(k)s now and what this could mean for the average American’s retirement savings. Read more: Private Equity Is Coming for America’s $12 Trillion in Retirement Savings See omnystudio.com/listener for privacy information....
Search is the most lucrative part of Google’s business. So when ChatGPT launched in 2022 and offered to answer users’ every question, it posed an existential threat to the company, forcing Google to respond. Google had to figure out how to compete. But integrating generative AI into Google search would fundamentally change the company’s core product, and it introduced big risks. Bloomberg reporters Davey Alba and Julia Love spoke to Google executives and former employees to get a look inside Goo...
It’s not just Levittown. The website hosting the doctored photos is the nexus of campaigns to harass women across the world. A victim in New Zealand helps to spark a global battle against the site and its elusive owner. Levittown is a real-life horror story for the AI generation. In this six-part series from Bloomberg, Kaleidoscope and iHeart Podcasts, reporters Olivia Carville and Margi Murphy take listeners from quiet suburbs of New York to as far as New Zealand and into the darkest corners of...
Months after Kayla’s discovery, dozens of women in Levittown, a New York suburb on Long Island, learn they, too, are subjects of faked porn. Most are recent graduates of the local high school, and they zero in on a culprit. One of them sets out to prove it. Levittown is a real-life horror story for the AI generation. In this six-part series from Bloomberg, Kaleidoscope and iHeart Podcasts, reporters Olivia Carville and Margi Murphy take listeners from quiet suburbs of New York to as far as New Z...
SHOW DESCRIPTION New Year’s Eve. Levittown, New York. Word travels swiftly as one young woman tells the next: “ You’re on the website.” Dozens of recent high-school graduates are finding out that their photos have been scraped from their social media accounts, manipulated and posted to a porn website. Who would have done this? And can the women get the images taken down? Told there isn’t much the police or anyone else can do, they set out to catch whoever did this. Along the way, they get some h...
The International Space Station’s time in the stars will soon come to an end. NASA has said that the ISS is scheduled to be decommissioned in 2030 and replaced with a new station made by a private company. Now, the race is on to win the contract. On today’s Big Take podcast, Bloomberg’s Kiel Porter and Loren Grush tell host Sarah Holder why a former crypto tycoon has made a billion-dollar bet that his startup, Vast, will build the next international space station — and what this space race tells...
Trump's tariffs on China are causing a lot of pain around the world. Products that would've gone to the US are now pouring into other countries, leading to factory closures and layoffs. And this is likely to increase after April 2, when President Trump has promised to put in place a new set of tariffs. On today’s episode of the Big Take, Katia Dmitrieva joins host David Gura to talk about the collateral damage from Trump’s trade war with China. Read more: A New ‘China Shock’ Is Destroying Jobs A...
It’s a busy week for the Federal Reserve, between Trump’s nomination of a new vice chair for supervision on Monday and an anticipated rate decision on Wednesday. To unpack all the news, host Saleha Mohsin sits down with former Fed and Treasury official Randy Quarles to talk about regulation, DOGE and Trump’s approach to the Fed. See omnystudio.com/listener for privacy information.
This episode explores the evolving relationship between Wall Street and the crypto industry, focusing on the BOCA conference where traditional finance and crypto innovators are seeking common ground under a new administration. It examines the regulatory landscape, the impact of figures like Sam Bankman-Fried, and the potential for blockchain technology within established financial systems. The discussion highlights cautious optimism and the need for clear regulatory frameworks to foster innovation.
CEO Jensen Huang has always said Nvidia is “thirty days from going out of business.” Even though Nvidia is now worth trillions, Huang is focused on future-proofing the business to outlast the current AI boom — and possibly even create the next one. Businessweek tech editor Joshua Brustein joins host David Gura to discuss the innovations the company is pursuing, its constant search for new markets and the threats to its dominance. Read more: Nvidia Looks Past DeepSeek and Tariffs for AI’s Next Ch...
After weeks of uncertainty that ricocheted through markets, President Trump’s 25% tariffs on steel and aluminum imports from every country in the world went into effect on Wednesday morning. Immediately after, Canada and the EU retaliated. Now, investors, automakers and American consumers are wondering how it will hit the economy. On today’s Big Take DC podcast, host Saleha Mohsin is joined by Bloomberg’s Josh Wingrove to explore what Trump’s metals tariffs could mean for domestic manufacturing ...
This episode explores the potential return of investors to the Russian market amidst signals of warming relations with the U.S. and possible peace talks with Ukraine. It examines Russia's economic shifts since the 2022 invasion, including its reliance on China and domestic spending. The discussion also covers the risks and opportunities for investors, the potential easing of sanctions, and the future of investment in both Russia and Ukraine.
Mauritius and neighboring islands in the Indian Ocean are at the center of a great-power chess match involving the US, China and India. All want to use them as bases to protect shipping lanes and project military might in the region. On today’s Big Take Asia Podcast, host K. Oanh Ha is joined by Bloomberg correspondent Peter Martin to discuss the power struggle, and the implications of China’s growing clout in the region. Further listening: The Shadowy Fleet of Tankers Moving Iranian Oil to Chin...
It has been a wild few weeks in markets. By last week, the S&P 500 had wiped out all its gains since Election Day – $3.4 trillion in value. When Trump was asked about the possibility of a recession over the weekend, he said the US was in a “period of transition.” Then on Monday, the Nasdaq 100 saw its worst day since 2022, tumbling 3.8% and extending a selloff that has put it into correction territory. On today’s Big Take podcast, Bloomberg’s Charlie Wells and host Sarah Holder discuss wheth...
A crippling property crisis, mounting debt, weak consumer spending… and now a trade war. Despite the headwinds, China has set an ambitious economic growth goal of about 5% this year. On today’s Big Take Asia podcast, host K. Oanh Ha speaks to Bloomberg’s John Liu about how Xi Jinping intends to meet the target, and how Trump’s tariff war might sabotage his plans. Read more: Trump’s Tariffs Push Xi to Overhaul China’s Ailing Growth Model Further listening: China’s New Game Plan For Dealing With T...
Since taking office in January, President Trump has set in motion a series of sweeping rollbacks on US climate policy. This comes at a time when governments around the world have lagged behind their stated environmental goals. On today’s episode of the Big Take, host Sarah Holder is joined by Akshat Rathi, host of the Zero podcast, to talk through the Trump administration’s key climate actions, how they could impact investment in green energy, and what it all means for the global fight to stop t...
On Tuesday night, President Donald Trump appeared before a joint session of Congress for the first time since the start of his second term. It was his fifth such appearance, and he celebrated what he saw as early wins in his first 43 days back in office — and spoke about what’s next on his agenda. Bloomberg Businessweek national correspondent Josh Green and Big Take DC host Saleha Mohsin explore what the speech reveals about Trump’s vision for trade, the US economy and America’s role in geopolit...
The data is in: The number of Black first-year students at Harvard Law fell dramatically after the Supreme Court’s decision to ban the consideration of race in admissions. On today’s Big Take podcast, Bloomberg higher education reporter Janet Lorin shares what she’s learned about how Harvard has changed its application process and what the institution has historically meant for generations of Black leaders. Plus, we hear from a Harvard Law student who’s involved in efforts to recruit more Black ...
In January 2024, the US Embassy issued a warning to all American travelers: Be careful using dating apps in Colombia. Eight men had been killed in two months — several of them after traveling to Medellin and using apps to connect with women online. Bloomberg’s Natalie Lung and Antonia Mufarech investigated and found an even darker situation. On today’s Big Take podcast, they join host Sarah Holder to explain how apps from US-based tech companies are being used for sex trafficking and child explo...
Over the last few months, a spate of high-profile air travel incidents in North America have captured public attention. And it’s raised concerns about whether air travel is as safe as it used to be. On today’s Big Take podcast, Bloomberg’s global aviation editor Benedikt Kammel joins host David Gura to discuss how recent accidents — especially the fatal collision between American Airlines Flight 5342 and a military helicopter and, weeks later, the crash landing of Delta Flight 4819 — have underm...
The Hopeful Primitive Baptist Church in Fayetteville, Georgia, has been standing for two hundred years. Now, with a huge, private equity-backed data center coming to town, it will soon be surrounded by towering power poles — and power lines will run through the yards of more than a hundred homes and private properties. Today on the show, energy reporter Josh Saul reports on the AI boom, the demand it’s creating for data centers, and what it looks like on the ground in the communities where those...
Four years after launching a regulatory crackdown that plunged the tech sector into turmoil, China’s President Xi Jinping sat down publicly with Alibaba Group’s co-founder Jack Ma, whose firm bore the brunt of that campaign, and a number of other tech titans. On today's Big Take Asia Podcast, host K. Oanh Ha talks to Bloomberg’s Lucille Liu and Opinion columnist Catherine Thorbecke about Xi’s shifting stance and where the tech industry goes from here. Read more: Xi’s Embrace of China Tech CEOs S...
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 Advant...
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 company’s ambition to ...
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....
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 mean for America’...
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 undocumented workers ended up at ...
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 Tariff Wars Are Here — ...
