Want Money From the Middle East? There Are New Strings Attached
The sovereign wealth funds of the Persian Gulf used to be relatively easy places for US firms like Blackstone and Goldman Sachs to raise money. But recently, the power dynamics between Wall Street and...
12 Aug 202410min
Why Is Everybody Still Getting Sick All The Time?
Have you had the flu recently? Or RSV? Or just... some bug that you can’t quite shake? If so, you’re not alone. Bloomberg’s data team recently decided to investigate whether or not the perception that...
9 Aug 202416min
Are We in a Recession? The Sahm Rule Says Yes. Its Creator Says Not So Fast
On today’s Big Take podcast, economist Claudia Sahm explains the Sahm rule: how she came up with the idea, whether or not we’re in a recession, and why she wishes it was called something else.See omny...
8 Aug 202415min
$200 Billion, Four Heirs And One Mighty Empire
Gautam Adani, the controversial Indian billionaire, gathered his two sons and two nephews for a family lunch one day and asked them a bombshell question: Did they want to carve up the Adani Group’s sp...
6 Aug 202416min
What’s Behind the Global Market Meltdown
On Wall Street, the S&P 500 had its worst day in nearly two years and the Dow Jones Industrial Average shed over 1,000 points. Shares on Japan’s Nikkei Index fell by over 12% — their worst showing sin...
5 Aug 202416min
The Threat of AI-Made Bioweapons
In April of 2023, a man carrying a small, black box walked into one of the nation’s most secure buildings, right next to the White House. In the box were ingredients that could be used to create a bio...
2 Aug 202413min
Ghost Jobs Are Haunting the Labor Market
If you’ve applied to a job and never heard back, you may have fallen prey to a ghost job — an online listing for a role that never actually existed. Ghost jobs aren’t just leaving job seekers frustrat...
1 Aug 202416min
