The US Middle Class Is Doing Fine. Why Are They So Worried?
Big Take27 Loka 2022

The US Middle Class Is Doing Fine. Why Are They So Worried?

Hello and welcome to The Big Take Podcast!

Today: The good news, and not so good news, about the US middle class. With inflation rising, the stock market ping-ponging and housing prices softening, that broad swath of Americans who form the backbone of the US economy are getting hit on all sides. Bloomberg reporters Shawn Donnan, Alex Tanzi, Claire Ballentine and Airielle Lowe teamed up to take a look at how middle-income Americans are doing. The answer: Not so badly, actually–at least on paper.

Even so, they’re worried about what’s next for them. And they have good reason to be.

Shawn sits down with Wes to share the results from their exclusive polling and what these precarious economic times mean for the fortunes of working Americans.

Learn more about this story here: https://bloom.bg/3faCxwM

Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK

Have questions or comments for Wes and the team? Reach us at bigtake@bloomberg.net.

See omnystudio.com/listener for privacy information.

Jaksot(816)

Is the US-China Trade War Over?

Is the US-China Trade War Over?

In a stunning turn of events, the US and China announced a dramatic reduction in tariffs, which President Trump portrayed as a “total reset” with China. Stocks rose following the news, but what lies a...

12 Touko 202516min

What's Behind the World's Matcha Shortage

What's Behind the World's Matcha Shortage

Japan has a matcha shortage despite record levels of production. Shops are selling out of the green tea powder as soon as they hit the shelves. On today's Big Take Asia Podcast, host K. Oanh Ha talks ...

9 Touko 202517min

Big Tech Is on Trial. What That Means for the Future of the Internet

Big Tech Is on Trial. What That Means for the Future of the Internet

Google has lost two antitrust cases in the past year; Meta is currently in court over alleged anti-competitive behavior. Big Tech is in a moment of reckoning that could reshape the industry – and your...

8 Touko 202520min

Telemarketers’ New Trick to Sell Bare-Bones Health Plans

Telemarketers’ New Trick to Sell Bare-Bones Health Plans

A few years ago, a former sitcom writer came up with a weird way to sell Americans cheap health plans, using a loophole in the Affordable Care Act. More than 100,000 households have signed up, but man...

7 Touko 202518min

How a CEO’s Faked Results Led to a $300 Million Wipeout

How a CEO’s Faked Results Led to a $300 Million Wipeout

In late 2018, five years after launching fish-feeding company eFishery, Gibran Huzaifah found himself all out of cash. To save his business, the CEO started plugging fake numbers into financial report...

6 Touko 202516min

Warren Buffett Passes the Baton

Warren Buffett Passes the Baton

Warren Buffett shocked shareholders when he announced he’d be stepping down as CEO of Berkshire Hathaway. The 94-year-old business giant had been running the behemoth company for more than 50 years, a...

5 Touko 202516min

Your Morning Commute Could Get Way Worse

Your Morning Commute Could Get Way Worse

At the height of the Covid-19 pandemic, the US government stepped in with aid to keep mass transit agencies afloat. But that money is running out and ridership hasn’t rebounded.On today’s Big Take pod...

2 Touko 202515min

Earnings Are In. Companies Can’t Hide From Tariffs Anymore

Earnings Are In. Companies Can’t Hide From Tariffs Anymore

One month after Trump’s “Liberation Day” tariffs, Q1 earnings reports for a range of US companies are in. On today’s episode, Bloomberg’s Shelly Banjo joins host Sarah Holder to talk through what tho...

1 Touko 202517min

Suosittua kategoriassa Politiikka ja uutiset

aikalisa
rss-ootsa-kuullut-tasta
tervo-halme
ootsa-kuullut-tasta-2
politiikan-puskaradio
viisupodi
et-sa-noin-voi-sanoo-esittaa
otetaan-yhdet
rss-podme-livebox
rss-vaalirankkurit-podcast
rss-asiastudio
the-ulkopolitist
rss-kaikki-uusiksi
rss-tekkipodi
io-techin-tekniikkapodcast
rikosmyytit
rss-mina-ukkola
rss-fingo-podcast
rss-hyvaa-huomenta-bryssel
rss-merja-mahkan-rahat