No, Really. Are We Finally Heading Toward a Recession?
Big Take4 Mai 2023

No, Really. Are We Finally Heading Toward a Recession?

First Republic Bank is the latest financial institution to fail amid turmoil across the industry. Meanwhile, inflation is still high. Layoffs are rocking some industries. And labor shortages are throttling others. So… are we about to face the recession that economists have been predicting for months now? Today, Bloomberg reporter Reade Pickert and senior executive editor Chris Nagi read the tea leaves on where the economy is headed.

Read more: First Republic Becomes Second-Largest Ever US Bank Failure.

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.

Episoder(835)

Millions Of Americans Still Don’t Have Broadband. That’s About To Change

Millions Of Americans Still Don’t Have Broadband. That’s About To Change

Seven percent of US households and businesses lack basic broadband internet. The Biden administration plans to remedy that with $42 billion in federal broadband infrastructure grants that will be spli...

19 Jul 202328min

‘Battery Belt’ Factories Promise A Bright Future. Workers Need Convincing

‘Battery Belt’ Factories Promise A Bright Future. Workers Need Convincing

The US Battery Belt, which stretches from Michigan to Georgia, has emerged as a regional hub for building electric vehicle batteries and other components critical to emerging technologies. But the pus...

18 Jul 202330min

You Never Think About Your Car’s Catalytic Converter—Until Thieves Saw It Off

You Never Think About Your Car’s Catalytic Converter—Until Thieves Saw It Off

Catalytic converters are a vital part of emissions reduction in gas-powered vehicles. But that’s not why they’ve been making headlines. Thieves across the US have been sawing them off cars because the...

17 Jul 202332min

Everyone’s Making Money On The Women’s World Cup—Except The Women

Everyone’s Making Money On The Women’s World Cup—Except The Women

The world can’t wait for the 2023 Women’s World Cup, which starts later this month. Ticket sales are on track to smash records, and viewership has grown significantly since its 1991 inception. But whe...

14 Jul 202321min

Washington Is Knocking On Crypto’s Door

Washington Is Knocking On Crypto’s Door

The epic crash and burn of Sam Bankman-Fried’s FTX crypto empire in November was huge global news. Eight months later, the crypto world is still feeling the after-shocks—with embarrassed celebrity end...

13 Jul 202329min

Chatbots And Deepfakes Are Coming For Your Election Cycle

Chatbots And Deepfakes Are Coming For Your Election Cycle

As the saying goes: a lie gets halfway around the world before the truth has a chance to put its pants on. As AI is increasing productivity across industries, it’s also raising concern about how to re...

12 Jul 202323min

Kids Were Given Cough Syrup From India. Dozens Of Them Died

Kids Were Given Cough Syrup From India. Dozens Of Them Died

For decades, India has been a top player in global pharmaceuticals. But its drug regulatory system came under scrutiny after toxic chemicals were found in Indian-produced medicine that led to the deat...

11 Jul 202329min

The Bumpy Road From Reagan-Thatcher To Johnson-Trump

The Bumpy Road From Reagan-Thatcher To Johnson-Trump

What it means to be a conservative has changed dramatically in the decades since Ronald Reagan and Margaret Thatcher. Bloomberg Opinion’s Global Business Columnist Adrian Wooldridge argues not all of ...

10 Jul 202327min

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