How Two-Party Politics Drives Out Moderates

They’re called “zombie” mortgages: old second loans from the subprime era that many homeowners had good reason to believe were canceled or forgotten. Now, years later, debt collectors are coming after the money. And they’re ready to foreclose if people can’t pay. It sounds like a horror story, but a new Bloomberg investigation has found that it’s a terrifying reality — and hundreds of thousands of homeowners could be at risk. On today’s Big Take podcast host Sarah Holder and Bloomberg data journalist Noah Buhayar look at what a trove of records from one debt collection company tells us about how the industry operates as a whole and why cashing in on dormant mortgages has become big business. Read more: How Debt Collectors Spin Riches from Zombie LoansSee omnystudio.com/listener for privacy information.

6 Loka 202520min

Today on the Big Take, we hear from our colleagues over at Everybody's Business, Stacey Vanek Smith and Max Chafkin. This week’s topics include a possible return of DOGE-like cuts due to the shutdown, the wild ride of crypto entrepreneur Justin Sun and a very surprising economic indicator.See omnystudio.com/listener for privacy information.

5 Loka 202542min

A growing number of colleges and universities across the US are trying to address dwindling student enrollment and tight finances by opening their doors to an unusual source of revenue: contracts with retirement communities, on or near campus. On today’s Big Take podcast, Bloomberg’s Elizabeth Rembert heads back to school to learn what happens when baby boomers and Gen Z students share quads and classrooms: from intergenerational friendships to growing pains. Read more: Baby Boomers Now Live Next to 18-Year-Olds at Colleges Across USSee omnystudio.com/listener for privacy information.

3 Loka 202518min

The rent is too high…even for high-earning New Yorkers. In the wake of unprecedented rent hikes, residents across America's largest city are finding that not even a six-figure salary can protect them from the squeeze. On today’s Big Take podcast, host Sarah Holder talks to Bloomberg Real Estate Reporter Paulina Cachero and Fiscal Policy Institute Chief Economist Emily Eisner about New York City’s stressed rental market, the domino effect it has on everyone and the proposals on the table to fix it. Read more: Even New York City’s Wealth Renters Can’t Avoid the Housing Crisis Listen more: Odd Lots - Zohran Mamdani, the Socialist Who Could Be NYC's New MayorSee omnystudio.com/listener for privacy information.

2 Loka 202516min

The US government shutdown will have serious implications for the collection and distribution of federal economic data used to gauge the health of the US economy — including the Bureau of Labor Statistics’ monthly jobs reports and Consumer Price Index. On today’s Big Take podcast, Bloomberg White House reporter Gregory Korte and economics editor Molly Smith join host David Gura to talk about what the government shutdown means for economic data and how it could impact policymakers, investors and everyday Americans. Read more: How the US Government Shutdown Will Affect Key Agencies Republicans Weigh Big Cuts as Senators Grasp for Shutdown Deal US Firms Shed 32,000 Jobs in ADP Report After Data Adjustment See omnystudio.com/listener for privacy information.

1 Loka 202517min

AI needs a lot of energy — and a new Bloomberg investigation has found that those soaring costs are being passed on to consumers who live near data centers. On today’s Big Take podcast, host David Gura talks to Bloomberg reporters Josh Saul and Leonardo Nicoletti about the AI boom’s impact on power bills, how utility companies are handling surging demand and the implications for communities with centers in their backyards. Read more: AI Data Centers Are Sending Power Bills SoaringSee omnystudio.com/listener for privacy information.

30 Syys 202516min

The US government is facing its first potential shutdown in nearly seven years, and the clock is ticking. On today’s Big Take podcast, Bloomberg Congress editor Megan Scully and host David Gura break down the political incentives for President Trump, the Republican Party and for Democrats — and discuss what’s at stake for the economy if a shutdown comes to pass. Read more: US Economy Will Only Get Murkier If Key Data Is Delayed in ShutdownSee omnystudio.com/listener for privacy information.

29 Syys 202516min

A Kindbody employee discovers the company is helping an imprisoned billionaire father multiple children through surrogates and egg donors. In this episode, reporter Jackie Davalos investigates Greg Lindberg's "baby project" and what it illustrates about America's unregulated fertility industry. Read more: IVF Disrupted: The Kindbody StorySee omnystudio.com/listener for privacy information.

27 Syys 202544min