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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.

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Episodes

Xi’s Bromance Diplomacy Is Challenging Trump’s World Order

The leaders of China, Russia and India shared smiles and handshakes, putting on a surprising show of unity in a striking moment that went viral earlier this month. On today’s Big Take Asia Podcast, host K. Oanh Ha talks to Bloomberg’s Daniel Ten Kate about what’s driving their alignment and what the shift means for Trump and the US-led world order. Read more: Xi Unites a World That Doesn’t Want to Be Pushed Around by Trump Further listening: India Won’t Stop Buying Russian Oil. Now It’s Paying t...

Sep 09, 202518 min

Trump Is Unwinding Climate Science at a Dangerous Pace

By slashing budgets, cutting staff and revoking funding for grants and permits, the Trump administration has effectively gutted key U.S. climate policies in a matter of months. The administration says the moves are intended to save money and spur investment. But Bloomberg reporting found that these actions could have negative consequences for the US economy, for GDP growth in disaster-prone areas, and for US competitiveness on the world stage. On today’s Big Take podcast, host Sarah Holder is jo...

Sep 08, 202518 min

A Judge Ruled Google Monopolized Search. Then Came AI

On Tuesday, a federal judge reached a decision in a landmark antitrust case against Google and its monopoly over online search. But the company avoided the most severe outcomes after the judge decided that its business was already facing a growing threat: AI. On today’s Big Take podcast, host Sarah Holder sits down with Bloomberg big tech editor Sarah Frier to discuss why Google’s business wasn’t forced to break up–and how the ruling could impact Big Tech moving forward. Read more: Google Dodges...

Sep 05, 202518 min

Can a Smaller HUD Fix the Housing Crisis?

America is in the midst of a historic housing crisis, with record homelessness levels and a nationwide shortage of affordable housing. Addressing this crisis is the purview of the Department of Housing and Urban Development, the federal agency tasked with making sure Americans have a safe, affordable place to live. Today on the show, The Big Take’s Sarah Holder on her recent trip to meet with HUD Secretary Scott Turner, a former NFL cornerback and Texas state representative. Turner came into off...

Sep 04, 202519 min

Why Long-Term Bond Yields Are Up in the US, UK and Japan

A global selloff in long-dated bonds — including 30-year UK gilts, US Treasuries and Japanese government bonds — has deepened. On today’s Big Take podcast, host David Gura, Bloomberg Economics’ Jamie Rush and FX reporter Mia Glass in Japan discuss what happened this week in UK and Japan bond auctions — and what it all means for the global economy. Read more: Global Bond Selloff Deepens With Longer Debt Leading Losses See omnystudio.com/listener for privacy information....

Sep 03, 202518 min

What Xi Jinping’s Military Purge Means for China and the World

Beijing is holding its first military parade since 2019, showcasing the strength of China’s armed forces. Underneath the show of power, a Bloomberg investigation has found President Xi Jinping is orchestrating the biggest purge of military leadership since Mao Zedong. On today's Big Take Asia Podcast, host K. Oanh Ha speaks with Bloomberg's John Liu about the dramatic restructuring of China’s military and what this sweeping shakeup could mean for the rest of the world. Read more: Xi Unleashes Ch...

Sep 02, 202517 min

The Crises Vying for Dwindling Foreign Aid

The dismantling of USAID is contributing to a 17% drop in foreign aid this year. That’s put some of the world’s worst conflicts in competition with each other for attention and resources. On today’s episode of the Big Take, Crisis Group CEO Comfort Ero joins host David Gura to discuss what this drop-off in funding has meant on the ground in the places that need it most — and why it’s so hard to sell developed countries on increasing their foreign aid budgets right now. See omnystudio.com/listene...

Sep 01, 202517 min

The Latest Science on Extreme Heat: How Hot Is Too Hot?

Nearly half a million people die every year as a result of extreme heat. That’s more than the total from hurricanes, earthquakes and floods combined. And as the planet warms the risk of deadly heat is only increasing. On today’s Big Take podcast, Bloomberg’s Zahra Hirji brings Sarah Holder a dispatch from a lab at the forefront of understanding how heat affects the human body. They break down the latest science on deadly heat, why everyone is at more risk than they realize — and what actually wo...

Aug 29, 202514 min

Taylor Swift Wedding Predictions Are the Hottest New Trade

Gamblers on prediction sites like Polymarket and Kalshi are already trying to cash in on Taylor Swift and Travis Kelce’s engagement — betting on everything from their wedding timeline to her next single. On today’s Big Take podcast, host Sarah Holder sits down with Bloomberg personal finance reporter Francesca Maglione and wealth reporter Annie Massa to dig into what a high-profile engagement can teach us about the rapidly growing predictions industry, the challenges with regulating it and who’s...

Aug 28, 202515 min

Trump Has a Shipbuilding Dream. Can South Korea Make It a Reality?

South Korean shipyards are busier than they’ve been in years. Seoul and Washington are working to finalize a new trade deal that will include a $150 billion commitment to help stimulate the US shipbuilding industry. On today’s Big Take Asia Podcast, host K. Oanh Ha talks to Bloomberg’s Weilun Soon about whether the US-South Korea shipbuilding alliance could help President Trump achieve his US shipbuilding dreams, what South Korea stands to gain from the investment – and if it will be enough to d...

Aug 27, 202517 min

Why Trump Is Trying to Fire Lisa Cook

President Donald Trump shared a letter on social media Monday night, addressed to Federal Reserve Board Governor Lisa Cook stating he had made the decision to remove her from her position. It immediately launched a legal fight over the validity of Trump’s move and raised concerns about the future of Fed independence. On today’s Big Take podcast, Bloomberg international economics and policy correspondent Michael McKee joins host Sarah Holder to discuss the immediate fallout — and the potential lo...

Aug 26, 202514 min

What the End of the De Minimus Trade Loophole Means for Your Shopping

This Friday, a big change is coming for the more than 4 million inexpensive packages that enter the US daily from abroad: President Donald Trump is ending the de minimis exemption, a loophole that has allowed cheap goods to pass through customs tariff-free for nearly 90 years. It’s a blow to millions of online shoppers, small businesses on platforms like Etsy and postal services worldwide — many of which have already paused small-package shipments to the US. On today’s Big Take podcast, Bloomber...

Aug 25, 202512 min

What Powell Said About the Possibility of a September Rate Cut

In a speech at the annual Jackson Hole Economic Policy Symposium, Fed Chair Jerome Powell left the door open for a possible interest rate cut in September, sending a positive signal to Wall Street that pushed markets higher. This comes at a unique moment for the US Central Bank, which is under fire for how its handled rate decisions, threats to fire a sitting governor and a public inquiry into its building renovations. On today’s Big Take podcast, Bloomberg’s Amara Omeokwe joins host Saleha Mohs...

Aug 22, 202518 min

Welch’s Fruit Snacks Get a MAHA-Friendly Makeover

The Trump Administration wants to “make America healthy again” and one of its top priorities is removing artificial dyes from food. The company behind Welch’s Fruit Snacks has spent the past ten years doing just that. On today’s Big Take podcast, Bloomberg’s Will Kubzansky takes us inside the Welch’s Fruit Snacks factory and explores the challenges America’s other food and drink companies could face as they try to meet the MAHA moment and make a similar change under a much faster timeline. Read ...

Aug 21, 202518 min

What Does It Cost to Replace a CEO?

From Starbucks and Intel to Petco and Astronomer: top CEOs are getting replaced at record rates. And the costs of these ousters can spiral quickly, dinging a company’s stock price and costing us all in surprising ways in the process. On today’s Big Take podcast, Bloomberg’s management and work reporter Matthew Boyle joins host Sarah Holder to dig into the often murky, always steep cost of a CEO ouster. Read more: The True Cost of Firing a CEO See omnystudio.com/listener for privacy information....

Aug 20, 202519 min

What Could Happen Next in the Russia-Ukraine Peace Process

After meeting with President Trump separately, Presidents Putin and Zelenskiy could be headed toward a pivotal face-to-face meeting to begin peace talks. But what each side is willing to give up to end the Russia-Ukraine war remains to be seen. On today’s Big Take podcast, David Gura sits down with Bloomberg’s White House correspondent Justin Sink and Europe government editor Piotr Skolimowski to discuss Russia and Ukraine’s red lines and the role the US and Europe could play in guaranteeing a c...

Aug 19, 202519 min

How The Hunger Crisis in Gaza Unfolded Despite Months of Warnings

At this point in the war between Israel and Hamas, it’s difficult to get more than anecdotal evidence out of Gaza. Almost every organization that once provided aid and monitored civilian welfare is no longer allowed in — or has ceased operations. Very few journalists are left there. But reports of a civilian population facing a hunger crisis are widespread. To understand the reality on the ground, host David Gura talked to Bloomberg’s Israel bureau chief Ethan Bronner, UN reporter Magdalena Del ...

Aug 18, 202525 min

Hims Wants to Keep Mailing You Copycat GLP-1s. It’s Getting Trickier.

When a shortage of brand-name weight-loss drugs like Ozempic and Wegovy cleared the way for companies like Hims to fill the gap with cheaper, compounded versions, customers came flocking. But in February, the US Food and Drug Administration announced the shortage was over, leaving the company's strategy in flux and some investors worried. On today’s Big Take podcast, host David Gura and Bloomberg healthcare reporter Madison Muller track how Hims became the king of copycat weight-loss drugs and w...

Aug 15, 202515 min

Why Trump Is Letting Nvidia Sell (Some) AI Chips to China

In an unusual deal, Nvidia and Advanced Micro Devices have agreed to pay the US government 15% of their revenue from AI chips they sell to China. The US has blocked the sale of other, more powerful chips to China on the basis of national security, but the exception underscores the Trump administration’s openness to make exceptions… if the price is right. On today’s Big Take podcast, Bloomberg economic statecraft reporter Joe Deaux joins host Sarah Holder to explain the unprecedented nature of th...

Aug 14, 202519 min

What’s at Stake Ahead of Trump-Putin Meeting

President Donald Trump is heading to Alaska to host a face-to-face meeting with his Russian counterpart, Vladimir Putin to talk about finally, maybe, putting an end to Russia’s war with Ukraine. Notably not invited? Ukraine — or any other European leaders. Today on the show, Bloomberg editor Flavia Krause-Jackson joins host David Gura to talk about why Russia has finally agreed to talk, what’s likely to be on the table in Anchorage and how significant this summit might be. See omnystudio.com/lis...

Aug 13, 202518 min

How China Is Bringing Hong Kong’s IPO Market Back to Life

After a years-long slump, Hong Kong’s IPO market is roaring back to life, thanks to a growing number of Chinese companies that are raising billions of dollars in the city. On today’s Big Take Asia Podcast, host K. Oanh Ha and Bloomberg’s Dave Sebastian explore how China is transforming the financial hub into a key funding engine for mainland firms— and the risks this poses for banks on Wall Street and beyond. See omnystudio.com/listener for privacy information....

Aug 12, 202515 min

Who’s Really Paying for Tariffs? Hint: It’s Not Foreign Companies

President Trump’s so-called reciprocal tariffs have pushed the average US tariff rate to 15%, up from just over 2% last year. But who’s actually footing the bill so far? On today’s Big Take podcast, Bloomberg Businessweek’s “Everybody’s Business” host Stacey Vanek Smith takes Sarah Holder through Tariff 101: How is that money being collected and where is it going? Read more: It’s Only a Matter of Time Until Americans Pay for Trump’s Tariffs See omnystudio.com/listener for privacy information....

Aug 11, 202516 min

Who Will Win the Race for Greenland’s Rare Earths?

For years, President Donald Trump has voiced his ambitions to expand the US presence in Greenland. But making that happen is easier said than done. Bloomberg’s Joe Deaux traveled to the remote island this spring, alongside a former Trump administration official who’s hoping to build a rare-earths mine there — with the federal government’s investment. On today’s Big Take podcast, Joe walks host David Gura through what he saw on the ground, what Greenlanders have to say about Trump’s rhetoric and ...

Aug 08, 202518 min

Private Equity Is Coming for Your 401(k)

US President Donald Trump just signed an executive order that aims to allow private equity into a $12 trillion piece of America’s retirement market — 401(k)s. On today’s Big Take podcast, private equity reporter Allison McNeely joins host Sarah Holder to explain what this could mean for the average American’s retirement savings. Read more: Trump Signs Order Easing Path for Private Assets in 401(k)s See omnystudio.com/listener for privacy information....

Aug 07, 202515 min

Inside the Trump Family’s Money-Making Machine

Since President Trump kicked off his reelection campaign in November 2022, his net worth has more than doubled — to roughly $6.4 billion. No modern American president has positioned his family to make so much money while in the White House. Today on the show, Bloomberg reporters Max Abelson and Annie Massa join host David Gura to discuss the sources of the Trump family’s wealth — from cryptocurrencies and sneakers to Trump-branded towers in the Middle East. Read more: The Trump Family’s Money-Ma...

Aug 06, 202519 min

India Won’t Stop Buying Russian Oil. Now It’s Paying the Price.

President Trump has been cranking up the pressure on India, a country the US has courted as a strategic counterweight against China. Last week, Trump announced a 25% tariff on the country, a higher rate than many other major economies in Asia. But he didn’t stop there. This week, he’s threatened to raise the levy even higher. His message to India is clear: Stop buying Russian oil. On today’s Big Take Asia Podcast, Bloomberg’s Sudhi Ranjan Sen joins K. Oanh Ha to unpack the historical and economi...

Aug 05, 202514 min

The World Trusts US Economic Data. Trump’s BLS Firing Could Change That.

For decades, the data collected by the apolitical Bureau of Labor Statistics was seen as a gold standard — informing decisions made by the Federal Reserve, global business leaders and even presidents. But now, after President Trump’s firing of BLS Commissioner Erika McEntarfer following a disappointing July jobs report — that could change. On today’s Big Take podcast, Bloomberg’s Molly Smith joins host Sarah Holder to discuss the potentially sweeping policy ramifications of a shake-up at the Bur...

Aug 04, 202515 min

Is Trump’s Trade War Strategy Working?

As President Donald Trump’s goalposts for his trade war continue to shift, Big Take host Sarah Holder sits down with Bloomberg’s global trade editor Brendan Murray to discuss where things stand and how Trump has dramatically shifted America’s approach to international trade deals. Read more: How Trump Let $1 Trillion Worth of Imports Escape His Tariff Hammer See omnystudio.com/listener for privacy information....

Aug 01, 202513 min

Why It’s So Hard to Buy or Sell a House Right Now

The US housing market just posted its slowest spring season in more than a dozen years. Experts are pointing to a combination of factors: high prices, elevated mortgage rates and economic uncertainty in America. So what would it take to turn things around? Big Take host Sarah Holder spoke with Bloomberg housing reporter Prashant Gopal and real estate agents in major markets about the challenges for buyers and sellers. Read more: US Housing Market Posts Worst Spring Selling Season in 13 Years See...

Jul 31, 202513 min

The Promise of Stablecoin: A Cryptocurrency Meant to Be Boring

President Trump signed the Genius Act, the US’s first major federal cryptocurrency legislation, earlier this month. The law focuses on one type of cryptocurrency: stablecoins. So, what exactly is a stablecoin? On today’s Big Take podcast, Bloomberg’s Emily Mason joins host Sarah Holder to break down what stablecoins are, how they work and what their wider adoption could mean for the crypto industry, banks and consumers. See omnystudio.com/listener for privacy information....

Jul 30, 202518 min
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