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.

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Episoder(834)

Washington Takes Aim At Those Hated Non-Compete Agreements

Washington Takes Aim At Those Hated Non-Compete Agreements

The US Federal Trade Commission is weighing restrictions on many non-compete agreements in employment contracts. These clauses dissuade workers from switching jobs and impact roughly one in five Ameri...

21 Mar 202329min

How Are US Chips Ending Up In Russian Weapons?

How Are US Chips Ending Up In Russian Weapons?

US sanctions against Russia are supposed to cut off Moscow’s access to all kinds of goods, including semiconductors, which are used in missiles and drones. But US officials allege a secret supply chai...

20 Mar 202328min

Israel’s Leader Wants To Weaken The Courts. People Are Furious

Israel’s Leader Wants To Weaken The Courts. People Are Furious

For months, Israeli citizens—including CEOs, doctors, hedge fund executives, lawyers, and soldiers—have protested in the streets against Prime Minister Benjamin Netanyahu’s plan to diminish the author...

17 Mar 202329min

Congress Won’t Let The US Default on Its Debt. Right?

Congress Won’t Let The US Default on Its Debt. Right?

The White House and Congress are battling over raising the nation’s $31.4 trillion debt ceiling. If they don’t act and the US defaults on its debt this summer, the economic shockwaves will be felt acr...

16 Mar 202326min

Will Self-Driving Cars Be ‘Just Five Years Away’... Forever?

Will Self-Driving Cars Be ‘Just Five Years Away’... Forever?

For years now, we’ve been hearing that autonomous vehicles are just around the corner. Google, Uber, General Motors, Tesla, and other companies invested huge sums in hopes of realizing the dream of a ...

15 Mar 202327min

What Does The Collapse of Silicon Valley Bank Mean For Your Money?

What Does The Collapse of Silicon Valley Bank Mean For Your Money?

The biggest bank failure since the 2008 financial crisis is stoking fears of a larger financial meltdown across regional US banks. Silicon Valley Bank, a key lender for startups and the tech industry,...

14 Mar 202321min

How A Satellite Hack Became a Cybersecurity Wakeup Call

How A Satellite Hack Became a Cybersecurity Wakeup Call

People around the world rely on satellites for their internet connections, credit card transactions–and even to keep track of time.  Last year, a suspected Russian-led satellite hack exposed how vulne...

12 Mar 202331min

India Weighs An Historic Expansion of Marriage Rights

India Weighs An Historic Expansion of Marriage Rights

This month, India’s Supreme Court will hear arguments on whether to legalize same-sex marriage.  Bloomberg reporters Muneeza Naqvi and Kai Schultz join this episode from New Delhi to explain India’s r...

10 Mar 202325min

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