
Big Take
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

Our Town Chapter 3: One Little Bacon-Wrapped Sausage
Backers of the venture are big fans of a town in Idaho where a preacher with a flamethrower tells our reporters how much he hates feminism. Today on The Big Take: Chapter 3 of Our Town, a limited-run series from Bloomberg and The Big Take, hosted by Meribah Knight with Bloomberg’s Susan Berfield. Our Town tells the story of a battle over identity fought on one small town’s soil, where

What Trump’s Tariffs Mean for Canned Soup
On today’s Big Take podcast, economy reporter Shawn Donnan walks David Gura through what eight years of tariffs have meant for steel mills, can manufacturers, food growers and consumers. And as the second Trump administration continues to pursue tariffs – see this week’s 11th-hour negotiations with Canada over the US’s latest proposed duties – Donnan looks at how manu

What's Behind the Bond Market Rollercoaster
On today’s Big Take podcast, Stacey Vanek Smith and Bloomberg Opinion’s John Authers unpack the bond market rollercoaster: a sell-off, the highest US 30-year bond yields since the financial crisis — and a sudden intervention. Read more: The 30-Year Itch Comes for Bonds — and Brazi Further listening: What Higher Bond Yields Mean for Markets and Everyday Borrowers (

The Unexpected Rise of North Korea’s Economy
North Korea was supposed to be broke and isolated. Now, it’s enjoying an unexpected economic boom. On today’s Big Take Asia podcast, Bloomberg’s Cat Barton and host K. Oanh Ha unpack North Korea’s shift from pandemic-era hardship to a multibillion-dollar windfall, and discuss how the country’s newfound wealth is reshaping geopolitical alliances. Read more: Kim Jo

How Amazon Landed on Mamdani’s Labor Agenda
New York City Mayor Zohran Mamdani is backing a bill that would challenge the subcontractor model Amazon relies on for last-mile deliveries, and the company is spending millions to fight it. On today’s Big Take podcast, reporters Spencer Soper and Josh Eidelson unpack what this bill could mean for the delivery drivers — and corporate America’s reliance on subcontractors more broa

Our Town Chapter 2: This Dangerous Venture of Yours
Diana looks into the town’s newest arrivals: What’s their deal — and who are their friends?Today on The Big Take: Chapter 2 of Our Town, a limited-run series from Bloomberg and The Big Take, hosted by Meribah Knight with Bloomberg’s Susan Berfield. Our Town tells the story of a battle over identity fought on one small town’s soil, where acreage, heritage, and what it

A Major Earthquake Challenges Colombia’s New Right-Wing President
The 7.4-magnitude earthquake that devastated Colombia this week was also an immediate test for the country’s new Trump-aligned president. Abelardo de la Espriella, who campaigned on slashing Colombia's deficit and cracking down on armed rebel groups, now faces the prospect of stalling coffee shipments and a costly relief effort, in his first week in office. On today’s Big Take po

The Chinese AI Model Rattling Silicon Valley and Washington
The launch of Moonshot AI’s Kimi K3 model has taken the tech world — and Washington — by storm, raising urgent questions about how a Chinese startup can suddenly rival the world's most powerful AI systems. On today’s Big Take Asia podcast, host Oanh Ha speaks with Bloomberg’s Mark Anderson about the distillation method behind Moonshot’s breakthrough and what it

The Controversy at Phia, Phoebe Gates’ Buzzy Startup
The online shopping app Phia raised over $43 million and captured media attention for its A-list investors and its high-profile co-founders — Phoebe Gates, daughter of Bill Gates, and her college roommate and podcast co-host Sophia Kianni. But Bloomberg reporting suggests that Phia was pushing features that took credit for sales it didn’t drive. On today’s Big Take podcast, Bloom

The Hedge Fund Toolkit Behind the Yen Intervention
US Treasury Secretary Scott Bessent’s move to prop up the yen was as surprising as its impact was fleeting. By Monday, the yen lost half of its gains since last month’s intervention, raising questions about what comes next. On today’s Big Take podcast, Bloomberg’s Daniel Flatley and Chris Anstey join David Gura to break down Bessent’s unorthodox currency strategy and

Our Town Chapter 1: Sometimes You Find Silver
Oh, the things you can find with an inquisitive mind – and a metal detector.Today we’re bringing you Chapter 1 of Our Town, a limited-run series from The Big Take, hosted by Meribah Knight with Bloomberg’s Susan Berfield. The series tells the story of a battle over identity fought on small town soil, where acreage, heritage, and what it means to be an American are all up for grab

The Situation at Situational Awareness
Situational Awareness, a hedge fund run by a 24-year-old hailed as “Nostradamus of AI”, swelled to $45 billion in assets until a mix of highly leveraged bets, short sellers and a market swoon threw it into crisis. On today’s Big Take podcast, Bloomberg’s Katherine Burton and Hema Parmar join Sarah Holder to discuss how risky bets led the fund to the brink and whether the ep

Introducing: Our Town
When new neighbors move into Gainesboro, Tennessee, a small town at the foothills of Appalachia, locals are confused. Who are these self-proclaimed pioneers? And what do they want with their little town?Locals soon discover the new arrivals are connected to something much larger: A network of far-right Christians who have ties to Washington and are backed by venture capital. This is a story about

The $19 Billion Menopause Economy
For generations, women have struggled to access information about menopause and how best to treat its symptoms. Social media and the rise of telehealth have filled some of that gap, giving way to a $19 billion economy. But is the commercial menopause marketplace serving women or leaving them behind? On today’s Big Take podcast, health and science journalist Kristen V. Brown explores the bene

Why a Weak Yen Is America’s Problem
As the Japanese yen hit a 40-year low against the US dollar, Japan's government stepped in to support its currency. And it has a powerful ally in US President Donald Trump, who is putting the US financial might behind the historic currency intervention in what he called a “signal of friendship.” On today’s Big Take Asia podcast, host K. Oanh Ha sits down with chief Asia foreign e

Big Oil’s Big Wartime Profits
US crude prices fell below $80 for much of the day Monday as oil traders factored in a potential deal to reopen the Strait of Hormuz. But even as reports of imminent peace deals or attacks jolt oil markets, fuel prices at US gas stations have remained high. Late last week, US oil companies Exxon and Chevron reported their biggest profits in years. On today’s Big Take podcast, oil reporter Mi

Weekend Listen: Why Private Credit Got Entangled With Insurance
Insurers have quietly become a major driver of the private credit boom, with numerous private equity shops striking deals with insurance companies or buying them outright. But the entanglement with private credit is also changing the insurance industry itself, raising a number of questions about risk and regulation. In this week's Weekend Listen, Odd Lots speaks to Andrew Granato and Pranjal Drall

The Future of the Democratic Party Runs Through Michigan
The path to the future of the Democratic Party — and to the White House in 2028 — may well run through Michigan. The state’s upcoming Democratic primary election is a highly anticipated showdown between a Democratic-Socialist-backed candidate and a centrist one, who are vying for both a crucial seat in the US Senate and a major say in the party’s priorities. On today’

‘Skimpflation’ Could Be the Sneakiest Consumer Grift
From margarine to chocolate treats, some brands are swapping in cheaper ingredients to save money on their most beloved products. It’s a trend known as “skimpflation.” But what happens when consumers start to notice? On today’s Big Take podcast, Stacey Vanek Smith hears from Brad Reese, grandson of the Reese’s Peanut Butter Cup creator, about his crusade against the p

Can We Trust Election Prediction Markets?
With the US midterms fast approaching, voters and the media are increasingly looking to a new forecasting tool: prediction markets. The leading platforms, Kalshi and Polymarket, have been touted as a truth serum for political forecasting — arenas for mass betting that reveal what people really think when they’ve got money on the line. But a new Bloomberg investigation has found evidenc

How India’s Cockroach Party Became a Political Force
Weeks of student-led protests forced the resignation of India’s education minister, in a rare public setback for Prime Minister Narendra Modi. On today’s Big Take Asia podcast, guest host Rebecca Choong Wilkins and Bloomberg reporter Atul Dev discuss how India’s cockroach movement grew from a satirical online joke into a powerful anti-Modi protest and why its economic grievances

Trump Rebuilds His Tariff Wall, Brick by Brick
As President Trump paused strikes on Iran over the weekend, he ratcheted up pressure on another front: his renewed trade war. On Friday, the US president imposed levies of 10 or 12.5% on 60 economies, the first in many steps to rebuild the tariff wall destroyed when the Supreme Court overturned Trump’s IEEPA tariffs in February. On today’s Big Take podcast, Bloomberg’s global tra

Weekend Listen: Can the US Actually Tax Billionaires?
As wealth becomes increasingly concentrated — and artificial intelligence threatens to shift even more income from workers to investors — has the US tax system become outdated? On this Weekend Listen, Trumponomics' Stephanie Flanders speaks with Harvard professor Jason Furman, a former economic adviser to President Barack Obama, and Bloomberg reporter Caitlin Reilly about wealth taxes,

One Weird Trick to Get Your Credit Card Charge Reversed? Fraud.
American consumers disputed nearly 30% more credit card transactions in 2025 than they did just four years earlier. Some of those “chargebacks” are legitimate issues or outright scams. But increasingly, many are what Bloomberg Businessweek reporter Amanda Mull says is friendly fraud — transaction disputes that aren’t completely honest or the retailer’s fault. On today

Almost $1 Billion Later, the US Still Can’t Manufacture Medical Gloves
After the pandemic-era run on medical gloves, the US government set a plan in motion to reshore manufacturing. Roughly six years and almost $1 billion later, America is once again facing potential shortages of medical gloves because of supply chain disruptions stemming from the war in Iran. On today’s Big Take podcast, host Sarah Holder and health care industry reporter Anna Edney break down

The Trump Insiders Who Shaped Crypto Law
How did Tether — the largest stablecoin issuer in the world — go from fighting stablecoin regulation to supporting the Genius Act? That’s the subject of a new Bloomberg News investigation into how Trump insiders helped to loosen safeguards and shape the process that led to the law in ways that benefitted the company. On today’s Big Take podcast, Bloomberg’s Anthony Co

Chasing the Ancient Stolen Statues of Cambodia
When a 1,000-year-old Cambodian statue came up for auction at Sotheby’s in New York, it sparked off an investigation that uncovered one of the world’s most extensive art trafficking networks. On today’s Big Take Asia Podcast, host K. Oanh Ha talks to Bloomberg’s Matthew Campbell and American lawyer Bradley Gordon on how Cambodia’s looted treasures ended up scattered a

Polymarket and Kalshi Grapple With A New Class of Insider Trader
From celebrity wedding details to the timing of military strikes, prediction markets have opened the door to gambling on almost anything. They’ve also created a new class of insider trader that platforms and US regulators are racing to stop. On today’s Big Take podcast, Bloomberg’s Denitsa Tsekova and Leonardo Nicoletti join host Sarah Holder to break down a $200 million surge in

Weekend Listen: Tucker Carlson on How Trump Failed America
Tucker Carlson was one of Donald Trump’s most prominent allies when he campaigned for re-election and through his first year back in the White House. The US-Israel war with Iran, however, marked a decisive split between the two men. Carlson, a right-wing media personality, now argues that Trump has abandoned his “America First” agenda and allowed Israel to drive US foreign policy

The Great American Fun Shortage
There’s a historic mismatch between fun-supply and fun-demand in the US this summer. Americans are clamoring for places to relax and socialize. But the purveyors and conduits of fun — like airlines, theme parks, resorts, concert venues, camps and more — are all grappling with the same inflationary pressures as the rest of us — making fun more expensive and harder to access

Inflation Is Cooling. Why Are Americans Still Sweating?
A slate of new data this week painted a tepid but slightly optimistic picture of the US economy: Consumer prices declined in June for the first time in six years, jobless claims ticked down and retail sales rose modestly. So why doesn’t the data match up with how Americans are feeling? On today’s Big Take podcast, host Sarah Holder talks to Bloomberg’s Reade Pickert and labor eco

All the President's Profits
President Donald Trump’s 2025 financial disclosure showed earnings unlike anything Americans have seen from a sitting US president: $1.4 billion in cryptocurrency, 21,000 securities trades and millions from his resorts and golf clubs. On today’s Big Take podcast, Bloomberg campaign finance reporter Bill Allison joins host Sarah Holder to look at the ethical concerns the disclosure rais

Xi Jinping Loves Soccer. Why Is China’s Team So Bad?
China’s men’s soccer team has qualified for the World Cup just once, despite millions in investment and a personal push from President Xi Jinping to turn the nation into a footballing powerhouse. On today’s Big Take Asia podcast, host Oanh Ha speaks with Eric Zhu of Bloomberg Economics and Mark Dreyer, sports writer and author of Sporting Superpower, about why the country’s

A New Middle East Is Emerging From the Iran War
The last few days have brought a flurry of developments in the Iran war. As armed hostilities between the US and Iran resumed over the weekend, news broke that US Senator Lindsey Graham had died. Graham was a staunch supporter of Israel and of the war in Iran. And on Monday, President Trump declared US control over the Strait of Hormuz and demanded a 20% reimbursement rate for all cargo that moves

Weekend Listen: Is the world prepared for a 'super' El Niño?
The great famine of the 1870s killed 50 million people – and El Niño was a key driver. Another El Niño phase has just begun and it’s expected to be among the strongest. There are five times as many people in 2026 as there were in the 1870s and the planet is 1.4C hotter. So are we better prepared? In this weekend's listen, Bloomberg’s Akshat Rathi speaks with Mingfan

The Grueling Economics of Tennis
Some of the world’s top tennis players will face off at the Wimbledon finals this weekend. The players who make it to Centre Court have already achieved a bigger feat: a career as a tennis player. On today’s Big Take podcast, Bloomberg’s Hannah Miller and The Athletic’s Matt Futterman break down what sets tennis apart from other sports and the challenges the tournaments and

Trump is Protesting His Own Party
Maine Democrat Graham Platner’s withdrawal from his US Senate race is ratcheting up an already intense run-up to the US midterm elections. And yet, across the political spectrum, lawmakers in Washington agree that they need to deliver — quickly — on promises of affordability. With broad bipartisan support, they passed the 21st Century ROAD to Housing Act, billed as allowing more

How Trump Is Bursting the $100 Billion Grad School Bubble
For two decades, American universities have doubled down on master’s programs, relying on graduate degrees as their financial backbones. Now, the Trump administration’s policies are posing existential threats to that business model. On today’s Big Take podcast, education reporter Liam Knox joins host Sarah Holder to break down the administration’s three-pronged attack on gr

Why China Is Flashing Its Military Muscle
China rattled neighbors from Japan to Australia on Monday by test-launching a long-range ballistic missile from a nuclear submarine in the Pacific Ocean. While such launches are rare, the latest test reflects Beijing’s increasing openness about its growing military strength. On today’s Big Take Asia podcast, Rebecca Choong Wilkins, who covers Asian government and politics, joins host K

Private Credit’s New Obsession: Buy Now, Pay Later
Two opaque corners of finance have joined forces: shadow banking and phantom debt. Put another way, private credit firms are backing Buy-Now-Pay-Later companies to finance their expansion into the US consumer market. On today’s Big Take podcast, guest host Stacey Vanek Smith joins Bloomberg reporters J.J. McCorvey and René Ismail to discuss what private credit’s involvement in B

Weekend Listen: America in Free Fall? Historian Jill Lepore on the US at 250
For America’s 250th anniversary and our Weekend Listen, the Pulitzer Prize-winning historian Jill Lepore joins Mishal Husain to take her through her book on the US Constitution.We The People explores how the Constitution came about and, crucially, how there was an expectation that it would likely change over time. This is not, however, an episode entirely set in the past, because Jill L

On USA’s 250th, Even the Party Planners Are Divided
The federal programming leading up to the United States’ 250th anniversary this weekend has ranged from the genteel (essay contests for grade-schoolers and a national push for volunteerism) to the MAGA-coded (a “Freedom Truck” convoy and a UFC cage fight on the White House lawn). The events are the product of rival planning committees – one created last year by the Trump ad

The Underground Peptide Market Is Getting Ready to Go Mainstream
In just a few years, peptides have grown from fringe drugs popular with fitness buffs and ‘looksmaxxers’ to a billion-dollar black market. Now, with the prospect of regulation on the horizon, healthcare players and investors are racing to cash in. On today’s Big Take podcast, Bloomberg reporters Amanda Mull and Madison Muller join host Sarah Holder to break down the peptide boom,

‘Claude, How Should I Vote in 2026?’
In the 2026 elections, artificial intelligence is the backdrop for just about everything. The US and Anthropic reached a truce in recent days that lets the company roll out its powerful models to some users, the sort of on-the-fly decision-making that has candidates jockeying to shape how AI is regulated. Big AI companies are pouring money into 2026 state and federal races, dwarfing the cryptocurr

Asia’s AI Stock Frenzy Is a Warning Sign for Global Markets
Thanks to the AI boom, stock markets in Taiwan and South Korea have seen historic rallies this year. But as retail investors pile in, often using borrowed money, concerns are growing over whether this momentum is sustainable. On today’s Big Take Asia podcast, guest host Rebecca Choong Wilkins speaks with Bloomberg’s Asian markets reporter Charlotte Yang and Bloomberg Opinion’s Sh

Special Report: US Supreme Court Upholds Birthright Citizenship
A divided Supreme Court has upheld the constitutional right to birthright citizenship, rejecting President Trump’s planned restrictions and invalidating a central plank of his immigration agenda. We have more on that story next from Bloomberg News Now, tracking the latest business headlines from around the world.See omnystudio.com/listener for privacy information.

With Lisa Cook Ruling, Supreme Court Shields Fed from President Trump
In a 5-4 ruling, the Supreme Court blocked President Trump’s efforts to remove Federal Reserve Governor Lisa Cook for now, delivering the Fed a victory in the grueling fight over its independence. But the decision arrived alongside another ruling that allows the president to fire a top official at the Federal Trade Commission—a move widely seen as a boon to executive power over indepen

Weekend Listen: Can Republicans Win California Again? Steve Hilton Thinks So
In November, California will choose a new governor to replace Gavin Newsom, pitting Democratic candidate Xavier Becerra, a former US Secretary of Health and Human Services, US Congressman and state attorney general, against an unlikely Republican rival: Steve Hilton.Hilton was born in the UK and became a US citizen only five years ago. He had a career in center-right British politics, working as a

‘Soft Power Suicide’: Samantha Power on One Year Without USAID
On July 1, 2025, the US effectively ended operations of the United States Agency for International Development, the global aid organization founded in 1961, cutting most staff and moving it into the US State Department. Samantha Power, who led the agency under President Biden until early 2025, joins David Gura on the Big Take podcast to look back at what was lost, internationally and at home. You

Iran’s Leaders Are in No Hurry to Get a Peace Deal
Nearly four months after the war in Iran began, US and Iranian negotiators are trying to turn their cease-fire into lasting peace. But critics of the latest memorandum of understanding say it mostly leaves President Donald Trump where he was before the war started, with many key issues unresolved. On today’s Big Take podcast, Bloomberg Opinion columnist Marc Champion on the latest negotiatio

What if the Best Retirement is No Retirement at All?
For a growing number of older workers, retirement is no longer feeling so achievable—or appealing. But staying in the workforce or going back to work in your 60s and 70s comes with challenges, for workers and companies. On today’s Big Take podcast, Bloomberg’s Stacey Vanek Smith talks to the World Economic Forum’s Haleh Nazeri about the factors driving the rise in so-called

China’s Instagram Gets Ready to Go Public
After more than a decade as a private company, Chinese social media app Xiaohongshu, known internationally as RedNote, is testing China’s mood for all things tech with its plan to list in Hong Kong. On today’s Big Take Asia podcast, host K. Oanh Ha speaks with Bloomberg Intelligence’s Robert Lea about why the time may be right for an IPO and what Xiaohongshu's debut says about th

And Starmer Makes Six, Why Britain Can’t Keep a Prime Minister
British Prime Minister Keir Starmer announced his resignation Monday after less than two years in office. Starmer is the sixth Prime Minister to resign in the decade since the Brexit vote, raising major questions about where the country’s fractured political system goes from here. On today’s Big Take podcast, Bloomberg Executive Editor Edward Evans joins guest host Wendy Benjaminson fr

Special Report: Alan Greenspan Dies at 100
Longtime former Chair of the Federal Reserve of the United States Alan Greenspan had died at 100. We're bringing you some of our coverage from Bloomberg's News Now, covering the latest global business stories around the world.See omnystudio.com/listener for privacy information.

Weekend Listen: Anthropic's Co-Founder and Top Economist on Doing Research at the AI Frontier
There’s a lot to unpack with AI right now — everything from its potential impacts on the labor market and society to more extreme questions about existential risk. Anthropic, which builds frontier models like Mythos, Fable, and Claude, is actively grappling with these issues, including whether governments should limit AI development. Just last week, the Trump administration forced Anth

Everlane, Shein and the Decline of Millennial Optimism
Everlane, the sustainability-focused basics clothing brand, is being acquired by Shein, the e-commerce giant known for fast fashion. To Bloomberg’s Amanda Mull, the sale reflected how far consumers are or aren’t willing to go to shop their values—and marked Everlane as the latest direct-to-consumer company to struggle. On today’s Big Take podcast, we hear from Mull, Everlan

How the NBA is Cashing In on Its Biggest Postseason in Decades
New Yorkers turned out by the thousands on Thursday to celebrate the Knicks’ first NBA Finals victory in 53 years. But Jalen Brunson and co. weren’t the only big winners. On today’s Big Take podcast, Jason Kelly – host of Bloomberg’s The Deal With Alex Rodriguez and Jason Kelly – and business of sports reporter Randall Williams tell Sarah Holder about the busine

The Federal Reserve Enters Its Kevin Warsh Era
The US Federal Reserve left interest rates unchanged in their first meeting under new Chairman Kevin Warsh today. The policy makers were split on whether they expect to raise rates this year, and Warsh himself declined to submit a forecast. Warsh also held his first, highly anticipated press conference. Bloomberg’s Enda Curran was there and joins host David Gura to talk through big changes a

The Iran War’s Lasting Scars Across Asia
An interim deal to reopen the Strait of Hormuz offers relief, but Asia’s economic woes are far from over. Beyond the chokepoint, the conflict has forced long-lasting shifts in Asia’s food and energy flows. On today’s Big Take Asia podcast, Oanh Ha joins Odd Lots co-hosts Tracy Alloway and Joe Weisenthal to discuss why Asia is reeling from the conflict and what the “new norm

How the US and Iran Might Spin Their Deal to End the War
After nearly four months of fighting, the US and Iran have declared a memorandum of understanding aimed at halting hostilities between the two sides and reopening the Strait of Hormuz. Oil fell and stocks rose on the announcement that the conflict could soon be over, but a lack of details and ongoing fighting between Israel and Iran’s proxies in Lebanon have left many wondering if this is ju

Weekend Listen: Why 2026 Is Beginning to Look Like 1929 (with Andrew Ross Sorkin)
Almost a century after the Wall Street crash of 1929, Andrew Ross Sorkin says he believes some of its most dangerous ingredients are reappearing. Joining Stephanie Flanders on Trumponomics, the financial journalist and author of 1929: Inside the Greatest Crash in Wall Street History argues that today’s market is filled with “eerie parallels” to the late 1920s. These inc

SpaceX’s Record-Breaking Wall Street Debut
SpaceX went public today, with the largest IPO in history. Following months of buildup, shares opened at $150 and were trading at $161.11 at market close. On today’s Big Take podcast, host David Gura sits down with Bloomberg Tech’s Ed Ludlow to discuss the record-breaking deal and what it means for Elon Musk, everyday investors and other companies on the brink of going public. This is

The Most Profitable World Cup in History
The 2026 World Cup kicks off today in Mexico City. It’ll be the largest in FIFA’s history, spanning three host countries and 48 competing teams and is expected to generate between $11 and $13 billion. But the tournament’s expansion comes at the expense of fans navigating a new dynamic pricing model and cities shouldering overhead costs. On today’s Big Take, host David Gura,

In the $100 Billion Wedding Economy, Hiring a Witch Is More Than Hocus Pocus
Weddings are famously expensive. But with consumer prices on the rise and inflation accelerating at its fastest pace in three years last month, 2026’s newlyweds face exceptionally high prices. On today’s Big Take podcast, host Sarah Holder and Bloomberg’s Josyana Joshua and Dina Katgara unpack the $100 billion wedding economy: how much nuptials could set you back, why discretiona

China Tightens Its Grip on Billions in Offshore Wealth
Offshore trading has long given Chinese investors access to global markets — often through legal gray areas. Now, Beijing is stepping in with its biggest crackdown in decades. On today’s Big Take Asia Podcast, host K. Oanh Ha speaks with Bloomberg’s Lulu Chen about the sweeping restrictions and why Beijing is tightening controls over money leaving the country. We have a special B

The Races That Will Shape the Midterms
The field for 2026 US midterm elections is coming into focus, with key primaries this week in Maine and South Carolina, as well as bellwether state elections in California. On today’s Big Take podcast, hosts Sarah Holder and David Gura check in with political correspondent Nancy Cook and California reporter Eliyahu Kamisher about what this week’s results — and the next five month

Weekend Listen: FIFA’s Jill Ellis on the the World Cup
Jill Ellis has seen soccer from every angle: as an elite player, as the two-time World Cup champion coach of the U.S. Women’s National Team and as an NWSL team president. She is bringing this expertise to FIFA as the organization’s first Chief Football Officer. As one of the chief architects of the global game, she is the ultimate World Cup insider. In this episode of The Deal, Jill te

Can AI Save This Failing Rural Economy?
By many metrics, Meta is falling behind in the AI race. So CEO Mark Zuckerberg is building one of the largest data centers in the world — a facility the size of about 3,000 football fields in one of the poorest regions in the US. On today’s Big Take podcast, host Sarah Holder sits down with Bloomberg reporter Riley Griffin, who traveled to Richland Parish, Louisiana, to hear from resid

We Went to Interview Bolivia’s President and a Riot Broke Out
President Rodrigo Paz ended 20 years of socialist rule in Bolivia with promises of unity, democracy and prosperity — and plans to tap the country’s mineral wealth. But when host David Gura went to Bolivia to interview the president, he found a harsher reality: demonstrators blockading La Paz’s streets to demand the president’s resignation. On today’s Big Take podcast,

How H-1B Restrictions Popped Dallas’ Housing Bubble
For more than a decade, the towns north of Dallas, Texas – places like Frisco, Prosper and Celina – have seen an unprecedented housing boom, thanks in part to Indian workers drawn by skilled tech jobs and employers who sponsored their H-1B visas. But in the past year, the market for these houses has fallen and some of Texas’ biggest boomtowns have gone bust. On today’s Big

Huge AI Bonuses Spark South Korea Tech Wealth Fight
Samsung recently made headlines when it narrowly averted a strike by offering eye-popping bonuses to its chip workers. But the move has seemingly backfired—sparking deep resentment in other corners of the company and fueling a wider debate over wage equity in South Korea. On today’s Big Take Asia podcast, host K. Oanh Ha and Bloomberg’s Yoolim Lee break down how the wage dispute

How America’s Consumer Watchdog Became a Corporate Protector
The US Consumer Financial Protection Bureau is tasked with enforcing consumer finance laws and holding some of the country’s most powerful banks, lenders and companies to account. But a new Bloomberg investigation found that over the past 15 months, much of that work has come to a halt. On today’s Big Take podcast, Bloomberg reporters Noah Buhayar and Coulter Jones join host Sarah Hold

Weekend Listen: Indonesia’s $15 Billion Free Lunch Experiment
Indonesia’s free lunch program is a massive operation, feeding tens of millions of people every day across a vast archipelago. On this episode of the Big Take Asia podcast, host Rebecca Choong Wilkins talks with Bloomberg’s Rosalind Mathieson about the challenges facing President Prabowo’s flagship program and whether it can survive the strain. Read more: Handing Out $1

China Is Recruiting US Citizens to Work for Its Government
The mayor of an affluent suburb of Los Angeles pleaded guilty to acting as an agent of the Chinese government last month. And while cable networks across the US had a field day with the story, Bloomberg’s Drake Bennett and Jordan Robertson have been reporting on cases like this one for years. The two co-hosted the podcast series, The Sixth Bureau, which detailed the inner workings of one of

The DOJ's Campaign to Track Down Anonymous ICE Critics
Free speech lawyers are watching in real time as the US government escalates efforts to unmask anonymous critics of ICE. On today’s Big Take podcast, Justice Department reporter Jimmy Jenkins and legal reporter Zoe Tillman join host David Gura to break down their exclusive reporting on how the DOJ is deploying an old legal tool in a novel way. We’ll hear from an attorney defending one

Unpacking Trump’s $1.8 Billion Anti-Weaponization Fund
The US Justice Department has announced it would establish a $1.776 billion legal fund to compensate people who claim they’ve been targeted unfairly by the federal government. The plan has been met with swift bipartisan backlash, with some lawmakers calling it a “slush fund” that could line the pockets of Trump loyalists and Jan. 6 rioters with taxpayer dollars. On today’s

US Threatens Cuba With Trump’s Venezuela Blueprint
The Trump administration is ramping up pressure on Cuba’s regime. Just this month, it indicted former President Raúl Castro, announced the deployment of additional military assets to the region and released a video message — featuring Secretary of State Marco Rubio — blaming Cuba’s economic troubles on its government. The push comes less than five months after the US

Next Africa: Did Aid Cuts Make The Ebola Outbreak Worse?
The Ebola outbreak in eastern Democratic Republic of Congo may have been spreading for months, according to the World Health Organization. On this week’s episode of the Next Africa Podcast, Jennifer Zabasajja is joined by healthcare reporter Janice Kew and Congo Country Director for the Danish Refugee Council, Caitlin Brady. They discuss the impact of aid cuts on the outbreak and how serious

Weekend Listen: China vs the US: Kishore Mahbubani on a Zero-Sum Rivalry
Beyond this month's talks between Chinese President Xi Jinping and US President Donald Trump, there’s an epic tale that has been unfolding for decades. It’s a battle to be the world’s number one power and a much bigger story than the latest meeting of these two men. Kishore Mahbubani is a former Singaporean diplomat who served as president of the United Nations Security Cou

Why You Should Care About What’s Happening in the Bond Market
The global bond market buckled over the past week. Yields on 30-year US Treasuries hit their highest level in almost 20 years, while long-term debt yields in the UK and Japan reached multi-decade highs. It’s a signaling effect, Bloomberg’s Enda Curran says, that investors around the world are increasingly convinced higher inflation is here to stay. On today’s Big Take podcast, Cu
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