Big Take

In 2014, the economists Owen Zidar and Eric Zwick were asked by the US Treasury to conduct a study on the tax burden of private business owners. One of their central findings is that there are about three million private business owners who have an average wealth of around $25 million. The researc...

People who fabricate artificial stone are getting sick with a deadly chronic illness—on that, there’s no debate. But whether it’s the individual shops or the material’s manufacturers who should be held responsible is the subject of a highly political dispute playing out across the US.

On today’s Big Take podcast, Bloomberg labor reporter Josh Eidelson breaks down the consequences of this dispute for th...

At this week’s UN General Assembly meeting in New York, an AI executive delivered dire warnings via video. President Trump threatened to annihilate Iran. China’s Xi Jinping skipped the meeting altogether. Eight decades after its founding as a guarantor of world peace, does the UN still matter?

On today’s Big Take podcast, what UN week and the Xi-Trump summit mean for global security and the future of multilaterali...

Diesel prices are hitting new highs, and voters aren’t happy. With the midterms approaching, the Trump administration is trying to find ways to curb fuel costs, including a potential US diesel export ban.

On today’s Big Take podcast: The political fallout of sky-high diesel prices. Bloomberg national economics reporter Mark Niquette and host Sarah Holder break down what’s driving up costs, why prices are hitting b...

As Chinese President Xi Jinping makes his first visit to Washington in over a decade, trade and the AI race will likely dominate talks with Donald Trump.

On today’s Big Take Asia podcast, host K. Oanh Ha and Bloomberg’s John Liu unpack what each leader hopes to gain and why they may have no choice but to cooperate on AI safety.

Read more: The Tough AI Questions Looming Over the Trump-Xi Summit

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The Iran War is likely to take center stage when President Trump meets with Gulf leaders on the sidelines of this week's UN General Assembly. Houthi attacks in Saudi Arabia and rising energy prices underscore the widening global toll of a war that has cost the US more than $43 billion, according to the Pentagon's latest estimate.

On today's Big Take podcast, Bloomberg Global Defense Editor Gerry Doyle and Bloomberg Economics Defens...

American pharma giants are increasingly turning to Chinese labs to discover, test and develop cutting-edge drugs.

On the Big Take Asia podcast, Bloomberg’s Amber Tong and Robert Langreth join Oanh Ha to break down why global drugmakers are sourcing their next big breakthroughs from China — and what that means for US biotech dominance.

Read more: Big Pharma Is Hooked on Chinese Licensing Deals

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It’s been a big week for central banks around the world. Yet among the flurry of rate decisions, the Bank of Japan’s move stands out. After decades of near-zero interest rates, policymakers are betting Japan’s economy is finally returning to something closer to normal.

On today’s Big Take Podcast, K. Oanh Ha and Bloomberg’s Paul Jackson explore why the Bank of Japan is hiking rates at its fastest pace ...

The “working class” in America used to conjure a vivid image: factory workers, blue-collar jobs and a political coalition born out of the Industrial Revolution. But as Republicans and Democrats try to court voters ahead of midterms, a question keeps coming up: What is the working class today?

On today’s Big Take podcast, host Sarah Holder talks to Bloomberg Opinion columnist Allison Schrager, labor activist Bertha...

The Federal Reserve raised interest rates by 25 basis points today and indicated another hike could come later this year. Chair Kevin Warsh had telegraphed the move, putting him on a collision course with President Donald Trump.

Today on the Big Take, Bloomberg Opinion’s John Authers and Fed reporter Maria Eloisa Capurro join David Gura to discuss why a “no forward guidance” Fed chair showed his hand so early and ...

AI executives across the industry, led by Anthropic CEO Dario Amodei, called for a coordinated slow down in AI development over the weekend.

The move followed a viral post on X from a former Anthropic employee who resigned over safety concerns.

On today’s Big Take podcast, Bloomberg tech editor Sarah Frier joins Sarah Holder to break down the motivations behind those responses — and how IPOs, inflation and the economy a...

In the midst of a trade war with the US, Canadian Prime Minister Mark Carney is on a charm offensive.

On today’s Big Take podcast, Bloomberg’s Derek Decloet and host David Gura break down how Canada is reassessing its trade and security relationships and cozying up to Europe.

Read more: Canada’s Carney on Capital Investment, AI, US Trade

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LIV Golf split the professional circuit early this decade with its flashy tournaments and payouts that outstripped what golfers were earning on PGA tours. Now, after five years — and more than $5 billion in investments from the Saudi Public Investment Fund — LIV filed for Chapter 11 bankruptcy protection.

On today’s Big Take podcast, Golf.com’s Sean Zak joins host David Gura to explore why LIV wasn’t a...

Tens of thousands of workers in India are wearing head-mounted cameras to record their every move, helping train humanoid robots to perform everyday human tasks.

On today’s Big Take Asia podcast, Bloomberg’s Saritha Rai joins host Rebecca Choong Wilkins for an inside look at how vast troves of data are gathered by the very people who may eventually be replaced and what it all means for the US-China race for AI dominance...

"The people building AI earnestly believe that it could kill us all by the end of the decade." An X post by a former employee of both OpenAI and Anthropic went viral and is prompting big questions.

On today’s Big Take podcast, host Sarah Holder and Bloomberg’s Mike Shepard talk through what an AI safety reckoning could look like — and whether an industry in the midst of intense competition can slow down. &nbs...

Oil prices topped $100 per barrel on Wednesday, keeping gas prices and the Iran war at the center of the US midterms conversation. Can President Trump burnish his affordability credentials with what he’s calling “the biggest oil deal in world history”?  

On today’s Big Take podcast, Bloomberg Opinion Energy columnist Liam Denning and Andes Bureau Chief Patricia Laya join David Gura to discuss what we kn...

The bond market has been grabbing headlines and roiling global markets, particularly in the US and in Japan, where yields are surging and buyer interest remains low.

That matters, because as Bloomberg Opinion’s John Authers says, the yield on the 10-year treasury note is the most important number in world finance. 

On today’s Big Take podcast, John Authers joins Stacey Vanek Smith to explain what surging bond yield...

The wellness and longevity boom has come for a new kind of consumer: your pet. But with clinical trials still underway and questions lingering about the safety and efficacy of off-label drugs and treatments, how are owners navigating the growing industry?

On today’s Big Take podcast, Bloomberg’s Annika Inampudi and host Sarah Holder dig into the latest frontier in the predicted $165 billion market for pet spending in th...

Energy consumers are used to a pretty simple transaction with utility companies: get electricity to power your home, pay up every month. Now, more consumers are stockpiling their own energy using solar panels and batteries. And some are even making money by selling that energy back to the grid.

On today’s Big Take podcast, host Sarah Holder talks to Zero host Akshat Rathi about a new class of at-home energy trader that’...