“Deeper Pockets, Deeper Wells”
Big Take27 Huhti 2023

“Deeper Pockets, Deeper Wells”

Despite the rain-soaked year California has had, the ongoing issues of drought and limited water remain. Bloomberg reporters Peter Waldman, Mark Chediak, and Sinduja Rangarajan join this episode to talk about how farms that grow lucrative cash crops like almonds and pistachios are digging deeper and deeper wells to tap the state’s dwindling groundwater supply–leaving people in some communities with less to drink.

Read the investigation here: Groundwater Gold Rush

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.

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Crypto Is Back. Bubble or Blastoff?

Crypto Is Back. Bubble or Blastoff?

Cryptocurrencies have been on a tear. Over the past few weeks, Bitcoin has been hitting all-time highs. And many say this is just the beginning.  On today’s Big Take podcast, Bloomberg’s Stacy-Marie Ishmael joins us to discuss crypto’s latest record-setting run: is it going to the moon or are we on the brink of another bubble?See omnystudio.com/listener for privacy information.

18 Maalis 202417min

The Plumber Shortage Clogging Up the US Economy

The Plumber Shortage Clogging Up the US Economy

The US has a plumber shortage. And as more and more baby boomer plumbers reach retirement, there aren’t enough young people coming in to fill the gap. On today’s Big Take podcast, we talk to Bloomberg’s US Economy reporter Enda Curran about why there’s a shortage and what it means for America’s infrastructure and economy. Plus – we hear from Chris Biondi, a plumber struggling to clear the way for future generations in the industry.See omnystudio.com/listener for privacy information.

15 Maalis 202412min

The Federal Reserve's Tricky Economic and Political Terrain, Explained

The Federal Reserve's Tricky Economic and Political Terrain, Explained

Federal Reserve Chair Jerome Powell is trying to navigate a tricky economy – stubborn inflation and persistent fears of a recession. Now, two men hoping for a second term in the White House are drawing the central bank into the political fray. “We can expect that things are going to get a little spicy,” Bloomberg’s Kate Davidson, who covers the Fed, joins the Big Take DC podcast to talk about the battle to maintain the central bank’s independence in the glare of 2024.See omnystudio.com/listener for privacy information.

14 Maalis 202420min

The Vicuñas and the $9,000 Sweater

The Vicuñas and the $9,000 Sweater

On today’s Big Take podcast, we trace the origin of Loro Piana’s $9,000 vicuña sweaters to the Andes mountains. Bloomberg’s Marcelo Rochabrun joins host Sarah Holder to unspool what it all means for the Indigenous communities that harvest the wool.See omnystudio.com/listener for privacy information.

13 Maalis 202415min

The Big Business of Catastrophe-Betting

The Big Business of Catastrophe-Betting

Today on the Big Take podcast, we visit the hedge fund with one of the world’s largest collections of catastrophe bonds, Fermat Capital Management, to see how they place their bets to get record returns. And we hear how the growing industry is helping fill a need in the global insurance market.See omnystudio.com/listener for privacy information.

12 Maalis 202412min

What a Cease-Fire in Gaza Would Look Like

What a Cease-Fire in Gaza Would Look Like

Israeli and Hamas officials failed to come to a cease-fire agreement before the start of Ramadan this past weekend. That’s adding to the difficulty of getting aid into war-torn Gaza and the dire situation on the ground.Today on The Big Take podcast, Bloomberg’s Fares Alghoul and Ethan Bronner report on what a cease-fire would mean and why reaching an agreement has been so challenging.See omnystudio.com/listener for privacy information.

11 Maalis 202419min

How Much Does it Cost to Buy an Oscar?

How Much Does it Cost to Buy an Oscar?

When the 96th Academy Awards airs this Sunday, the year’s biggest films will face off to compete for the highest honor in the movie industry. For a movie studio, winning an Oscar is a big deal — and it’s become big business. Studios spend millions on marketing, screeners and advertising in the lead-up to the Academy’s votes for a race not unlike a political campaign. It wasn’t always this way. On today’s Big Take podcast, author Michael Schulman and Bloomberg entertainment industry reporter Chris Palmeri take us to the sweet, Shakespearean rom-com that started it all and map how it led to the overheated, multimillion dollar ad blitzes we see today.See omnystudio.com/listener for privacy information.

8 Maalis 202411min

91 Felony Counts and a Campaign to Run

91 Felony Counts and a Campaign to Run

Donald Trump faces four criminal trials amounting to 91 felony counts, and three civil cases. None of this has fazed his base as he runs for election. “If he was in jail, I sure would vote for him,” said Ralph Hunter, a South Carolina resident. He told the Big Take DC podcast that while he doesn’t like Trump “as a person,” he was impressed with his presidency.Trump’s electability is intact – but his finances are another story. Today on the Big Take DC: How Trump’s legal woes are hitting his wallet and his re-election bid. See omnystudio.com/listener for privacy information.

7 Maalis 202415min

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