Team Favorite: Your Pet Is Costing You A Fortune And You Don't Care
Big Take29 Mai 2023

Team Favorite: Your Pet Is Costing You A Fortune And You Don't Care

The Big Take team is taking a knee for the holiday, so we wanted to share one of our favorite episodes. Enjoy, we'll be back tomorrow!
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The global pet economy is expected to reach nearly half a trillion dollars by 2030. After a pandemic surge in pet adoptions, more people are buying ever more expensive food and toys for their furry friends. But beyond these routine costs, a growing number of owners are also shelling out thousands for veterinary care to treat complex illnesses and keep their pets alive for longer.

Bloomberg reporters Brendan Case and Nacha Cattan join this episode to give an expansive view of the industry, including how new diagnostic tools and medications are extending pet lifespans—and wearing down owners’ wallets.

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

This podcast is produced by the Big Take Podcast team: Supervising Producer: Vicki Vergolina, Senior Producer: Kathryn Fink, Producers: Mo Barrow, Rebecca Chaisson, Michael Falero and Federica Romaniello, Associate Producers: Sam Gebauer and Zaynab Siddiqui. Sound Design/Engineers: Raphael Amsili and Gilda Garcia.

See omnystudio.com/listener for privacy information.

Episoder(797)

Why Asia Was Hit Hardest by Trump’s Tariff Onslaught

Why Asia Was Hit Hardest by Trump’s Tariff Onslaught

US President Donald Trump shocked the world -- and global markets -- with tariffs that exceeded expectations last week. But there was one region that was hit harder than most: Asia. Exporting powerhouses like China and Vietnam were slapped with some of the highest levies of any country, with China now facing an additional 50% tariff, bringing the total rate of its levies to more than 100%. On today's Big Take Asia Podcast, host K. Oanh Ha sits down with Bloomberg's John Liu in Beijing and John Boudreau in Ho Chi Minh City to discuss the reactions from Asian economies and how the tariff onslaught may upend the trading world order. Read more: Trump’s Tariffs and China Collide to Shock the $115 Trillion Global Economy Tariffs Rip Through Southeast Asia Stocks, Sink Vietnam’s MarketFurther listening: The Trump Trade War’s First Casualty? The Bull Market Trump Announces Sweeping New Tariffs. What’s NextSee omnystudio.com/listener for privacy information.

8 Apr 202518min

The Trump Trade War’s First Casualty? The Bull Market

The Trump Trade War’s First Casualty? The Bull Market

It's been a volatile few days across global markets. As the equity sell-off has deepened, a growing number of market strategists have revised down their targets for where the S&P 500 will be at the end of the year, and economists at several big banks have updated their forecasts. Today on the Big Take podcast, unpacking the seismic effect US President Trump’s tariffs announcement is having on markets. Bloomberg Opinion’s John Authers joins host David Gura to contextualize the market moves — and explain what’s likely to happen next. Read more from John Authers here.See omnystudio.com/listener for privacy information.

7 Apr 202519min

DNA and Bankruptcy Collide With 23andMe

DNA and Bankruptcy Collide With 23andMe

The genetic testing company 23andMe filed for bankruptcy in March, after years of slowing sales, legal trouble, and a declining stock price. And now, the valuable trove of genetic data the company owns is for sale, sparking privacy concerns. On today’s Big Take, Bloomberg biotech reporter Gerry Smith traces the rise and fall of 23andMe, and bankruptcy reporter Jonathan Randles outlines what a possible sale could mean for millions of users’ genetic data. Read more: Bankrupt 23andMe’s DNA Data Gets Sale Nod as Concerns LingerSee omnystudio.com/listener for privacy information.

4 Apr 202516min

As India’s Stock Market Surged, So Did Investment Scams

As India’s Stock Market Surged, So Did Investment Scams

India’s historic stock market surge sparked a retail-investing frenzy that minted millionaires. But the boom also became a breeding ground for financial scams. On today’s Big Take Asia Podcast, host K. Oanh Ha talks to Bloomberg’s Alex Gabriel Simon about the retail investors that have been cheated out of their life savings, and how this influx of scams could undermine Prime Minister Narendra Modi’s efforts to promote his nation’s stock market to global money managers. Read more: Scamsters Trick India's Retail Investors Out of Millions in Life SavingsFurther listening: Inside Southeast Asia’s Most Notorious Crime Hub Watch, from Originals: Is India's Stock Market a Bubble About to Burst?See omnystudio.com/listener for privacy information.

2 Apr 202515min

What We Know About Trump’s Planned Tariffs

What We Know About Trump’s Planned Tariffs

President Donald Trump is calling April 2nd “Liberation Day” — that’s when the president says the world can expect the biggest salvo in his widening trade war. While the specifics are not yet clear, the symbolism is: Trump wants to usher in an era of American protectionist policy that could re-order global trade. Today on the show, Bloomberg’s Shawn Donnan joins host David Gura to discuss what we know about these new tariffs and the lessons from similarly broad tariffs in 1930. Plus, a new Bloomberg analysis of the economic impact the tariffs could have on the US economy. Read more: Trump's Tariffs Set to Make History and Break a System MAGA LoathesSee omnystudio.com/listener for privacy information.

31 Mar 202518min

Levittown Episode 6: Warp Speed

Levittown Episode 6: Warp Speed

In the series finale, our reporters try to crack the secretive companies behind nudify apps that let users create deepfakes in minutes. And a new case rocks another small town high school. Levittown is a real-life horror story for the AI generation. In this six-part series from Bloomberg, Kaleidoscope and iHeart Podcasts, reporters Olivia Carville and Margi Murphy take listeners from quiet suburbs of New York to as far as New Zealand and into the darkest corners of the Internet. Where tech moves faster than the law, and it’s up to everyday people to hold back a rising tide of explicit deepfakes.For official transcripts and additional information on this series, go to bloomberg.com/levittownSee omnystudio.com/listener for privacy information.

30 Mar 202539min

Levittown Episode 5: The Vigilantes

Levittown Episode 5: The Vigilantes

Kayla faces down her harasser in court. In New Zealand, an investigator summons a global army of hackers. Levittown is a real-life horror story for the AI generation. In this six-part series from Bloomberg, Kaleidoscope and iHeart Podcasts, reporters Olivia Carville and Margi Murphy take listeners from quiet suburbs of New York to as far as New Zealand and into the darkest corners of the Internet. Where tech moves faster than the law, and it’s up to everyday people to hold back a rising tide of explicit deepfakes.For official transcripts and additional information on this series, go to bloomberg.com/levittownSee omnystudio.com/listener for privacy information.

29 Mar 202541min

Levittown Episode 4: 'How Is That Not Illegal'

Levittown Episode 4: 'How Is That Not Illegal'

An arrest in Levittown kicks off the next phase of an investigation. The central question for the prosecutors is: Is any of this a crime? And they’re on the clock. Levittown is a real-life horror story for the AI generation. In this six-part series from Bloomberg, Kaleidoscope and iHeart Podcasts, reporters Olivia Carville and Margi Murphy take listeners from quiet suburbs of New York to as far as New Zealand and into the darkest corners of the Internet. Where tech moves faster than the law, and it’s up to everyday people to hold back a rising tide of explicit deepfakes.For official transcripts and additional information on this series, go to bloomberg.com/levittownSee omnystudio.com/listener for privacy information.

28 Mar 202526min

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