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.

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What NASA’s Reliance on SpaceX Means for Boeing Thursday, August 29, 2024

In June, two NASA astronauts flew to the International Space Station on a Boeing spacecraft for a week-long test mission. But problems with the machinery mean they’ll be stuck there for 8 months… and when they come back in February, they won’t be flying Boeing. Instead, they’re hitching a ride with the company’s biggest rival in commercial space travel: Elon Musk’s SpaceX. Today on the show: space reporter Loren Grush and Boeing reporter Julie Johnsson on the challenges facing Boeing’s space program, the rise of SpaceX, and the future of NASA’s ambitions beyond our planet. Further listening: Boeing Faces Washington and Wall Street ReckoningsSee omnystudio.com/listener for privacy information.

Recent Episodes

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Levittown Episode 6: Warp Speed Sunday, March 30, 2025

In the series finale, our reporters try to crack the secretive companies behind nudify apps that let users create deepfakes in minutes. And a new case rocks another small town high school. 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 the Internet. Where tech moves faster than the law, and it’s up to everyday people to hold back a rising tide of explicit deepfakes.For official transcripts and additional information on this series, go to bloomberg.com/levittownSee omnystudio.com/listener for privacy information.

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Levittown Episode 5: The Vigilantes Saturday, March 29, 2025

Kayla faces down her harasser in court. In New Zealand, an investigator summons a global army of hackers. 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 the Internet. Where tech moves faster than the law, and it’s up to everyday people to hold back a rising tide of explicit deepfakes.For official transcripts and additional information on this series, go to bloomberg.com/levittownSee omnystudio.com/listener for privacy information.

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Levittown Episode 4: 'How Is That Not Illegal' Friday, March 28, 2025

An arrest in Levittown kicks off the next phase of an investigation. The central question for the prosecutors is: Is any of this a crime? And they’re on the clock. 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 the Internet. Where tech moves faster than the law, and it’s up to everyday people to hold back a rising tide of explicit deepfakes.For official transcripts and additional information on this series, go to bloomberg.com/levittownSee omnystudio.com/listener for privacy information.

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They Bought Dream Homes in Tulum. Then Came the Nightmare Thursday, March 27, 2025

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 bodies in its wake.See omnystudio.com/listener for privacy information.

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Elizabeth Warren Wants Democrats to Fight Wednesday, March 26, 2025

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 Gura sat down with Warren for a wide-ranging interview on regulatory independence, the future of the Democratic Party and the Signal group chat leak. Read more: Elizabeth Warren Warns Fed Chair Powell Could Be Fired by TrumpSee omnystudio.com/listener for privacy information.

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Private Equity’s New Pitch: Investing Your 401(k) Tuesday, March 25, 2025

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 SavingsSee omnystudio.com/listener for privacy information.

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Googling in the ChatGPT Era Monday, March 24, 2025

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 Google's plans to transform search with AI. Read more: Google Is Searching for an Answer to ChatGPTSee omnystudio.com/listener for privacy information.

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Levittown Episode 3: The Hunter Sunday, March 23, 2025

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 the Internet. Where tech moves faster than the law, and it’s up to everyday people to hold back a rising tide of explicit deepfakes.For official transcripts and additional information on this series, go to bloomberg.com/levittownSee omnystudio.com/listener for privacy information.

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Levittown Episode 2: ‘I’m Also on the Website’ Saturday, March 22, 2025

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 Zealand and into the darkest corners of the Internet. Where tech moves faster than the law, and it’s up to everyday people to hold back a rising tide of explicit deepfakes.For official transcripts and additional information on this series, go to bloomberg.com/levittownSee omnystudio.com/listener for privacy information.

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Levittown Episode 1: Me... But Not Me Friday, March 21, 2025

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 help from a global band of investigators and hackers who could take risks that police and prosecutors sometimes couldn't. 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 the Internet. Where tech moves faster than the law, and it’s up to everyday people to hold back a rising tide of explicit deepfakes. EPISODE 1: Me… But Not Me Stuck in her childhood home during the pandemic, Kayla is shocked to learn that photos of her, altered to make her look naked, are posted to a website where men swap violent fantasies about women. A conversation with police leaves Kayla discouraged.See omnystudio.com/listener for privacy information.

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Another Space-Obsessed Billionaire Has Entered the Chat Thursday, March 20, 2025

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 us about the future of the commercial space industry. Read More: One Man’s Crypto Windfall Is Funding a $1 Billion Space Station DreamListen More: What NASA’s Reliance on SpaceX Means for BoeingSee omnystudio.com/listener for privacy information.

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The World Is Paying for Trump’s China Tariffs Wednesday, March 19, 2025

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 Around the WorldSee omnystudio.com/listener for privacy information.

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Decoding the Fed With Randy Quarles Tuesday, March 18, 2025

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.

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How Wall Street Thinks About Crypto’s Future Monday, March 17, 2025

Crypto optimism soared after President Trump’s re-election and Bitcoin hit an all-time high the day of his inauguration. But it's been on something of a roller coaster since then. And the broader finance industry is watching all of this very closely. Bloomberg’s Katherine Doherty hit the road for a conference in South Florida, where members of the financial old guard are embracing digital assets anew, and are considering giving their core products a crypto update. She joins host David Gura to share a vibe check on all things crypto. Read more: Wall Street Goes All In on Great Crypto Comeback Fueled by TrumpSee omnystudio.com/listener for privacy information.

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Can Nvidia Stay on Top? Friday, March 14, 2025

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 ChapterSee omnystudio.com/listener for privacy information.

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Trump's Trade War Comes for Metals Thursday, March 13, 2025

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 and for America’s relationships with some of its closest allies.See omnystudio.com/listener for privacy information.

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Investors Eye a Return to Russia Wednesday, March 12, 2025

As Trump signals a warmer relationship with Putin and a peace deal between Russia and Ukraine comes into focus, optimistic investors and businesses are eyeing potential opportunities in a re-opened Russian economy. But investing in Russia is still a risky bet. On today’s episode of the Big Take, host Sarah Holder talks to Bloomberg’s Anthony Halpin about why some investors are enthusiastic about Russia’s possible return to global financial markets.See omnystudio.com/listener for privacy information.

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China’s Power Play In the Indian Ocean Tuesday, March 11, 2025

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 China Watch, from Originals: The Illicit Shipping Trade Hiding in Plain SightSee omnystudio.com/listener for privacy information.

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A Trump Slump? How to Navigate Choppy Markets Monday, March 10, 2025

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 whether the Trump bump has become the Trump slump — and what this moment of market volatility means for your money.See omnystudio.com/listener for privacy information.

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Xi’s Big Challenge Is Getting People to Spend, Spend, Spend Friday, March 7, 2025

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 Trump TariffsXi Has Embraced China’s Tech Titans Once Again. Will It Last? Watch, from Originals: Can China Avoid Japan’s Lost Decades?See omnystudio.com/listener for privacy information.