Your Morning Commute Could Get Way Worse
At the height of the Covid-19 pandemic, the US government stepped in with aid to keep mass transit agencies afloat. But that money is running out and ridership hasn’t rebounded.On today’s Big Take podcast, Bloomberg’s Sri Taylor and Aaron Gordon join host David Gura to discuss why advocates now fear many transit systems are on the verge of a so-called “death spiral” — a vicious cycle of less funding, low ridership and cuts to services that could impact everyone’s commute. Read more: A $6 Billion Shortfall Has US Mass Transit Facing a Death Spiral See omnystudio.com/listener for privacy information.
2 Maj 15min
Earnings Are In. Companies Can’t Hide From Tariffs Anymore
One month after Trump’s “Liberation Day” tariffs, Q1 earnings reports for a range of US companies are in. On today’s episode, Bloomberg’s Shelly Banjo joins host Sarah Holder to talk through what those reports are revealing about companies’ reactions to Trump’s trade war. Are they pausing, pivoting or panicking? Read more of Shelly Banjo’s work.See omnystudio.com/listener for privacy information.
1 Maj 17min
How Goldman Sachs Is Thinking About Tariffs
The uncertainty caused by Trump’s tariff policies has been spooking business leaders and roiling the markets. And according to Goldman Sachs CEO David Solomon, there could be more economic pain ahead — at least in the short term. Today on the Big Take, Bloomberg editor-at-large Francine Lacqua sits down with Solomon at the Norwegian sovereign wealth fund’s annual investment conference in Oslo. He shares his thoughts on the fate of the US dollar as a reserve currency, opportunities for new investment in European markets and his predictions for global growth in the coming year. Read more: Goldman’s Solomon Says Markets to ‘Settle Down’ After ChaosSee omnystudio.com/listener for privacy information.
30 Apr 17min
What a Liberal Victory Means for Canada and the Trade War
In electing Mark Carney as prime minister, Canadians have given him and the Liberal Party a mandate. But it was a narrow victory — one that will require Carney to work with another party to achieve his priorities. His most urgent: trade talks with US President Donald Trump. On today’s Big Take podcast, David Gura sits down with Canadian government reporter Brian Platt in Ottawa to discuss the results of the election, what a fourth consecutive Liberal term means for the country’s future and how Carney might try to position Canada in trade negotiations.See omnystudio.com/listener for privacy information.
29 Apr 15min
Inside Trump’s First 100 Days
President Trump will celebrate 100 days back in office this week. The milestone comes amid a US-China trade war, ongoing conflict overseas and high-stakes battles over the future of higher education.On today’s Big Take podcast, Bloomberg’s Josh Wingrove joins host David Gura to take stock of how Trump has used the last three months to reshape everything from global trade and immigration to the American presidency — and what they reveal about the road ahead.See omnystudio.com/listener for privacy information.
28 Apr 19min
Top Colleges Are Too Costly — Even for Parents Making $300K
Tuition at US colleges and universities is higher than ever. But an exclusive new Bloomberg analysis reveals that the cost of a four-year degree is particularly burdensome for middle class students and their families. On today’s Big Take podcast, Bloomberg’s Francesca Maglione and Paulina Cachero join David Gura to break down the real cost of attending the most selective colleges and universities in the US — and how that cost changes depending on how much a family makes.Read more: Top Colleges Are Too Costly Even for Parents Making $300,000See omnystudio.com/listener for privacy information.
25 Apr 16min
The Americans With Disabilities Making Under Minimum Wage
For decades, workers, disability advocates and employers have debated a program called 14(c), a section of employment law that lets companies pay certain employees with disabilities less than the federal minimum wage. Proponents say the program provides opportunities for people who might not find them elsewhere. Critics say it’s exploitative and stigmatizing. On today’s Big Take podcast, Bloomberg senior reporter Josh Eidelson joins host Sarah Holder to dig into the debate over subminimum wage and the future of the program under President Trump. Read more: It’s Legal to Pay US Workers With Disabilities as Little as 25¢ an HourSee omnystudio.com/listener for privacy information.
24 Apr 16min
How Trump’s Tariffs Are Hitting Global Economic Growth
The International Monetary Fund released a forecast this week projecting that global GDP will grow just 2.8% — down half a percentage point since US President Donald Trump unleashed a raft of tariffs on April 2. Their projection for US GDP growth was particularly grim: Down nearly an entire percentage point from expectations earlier this year. And they’re not alone. As economists try to measure the potential outcome from the current trade war and the whiplash of on-again-off-again tariffs, Bloomberg Economics landed on similar GDP projections On today’s episode of the Big Take, host Sarah Holder is joined by Bloomberg’s Enda Curran and Bloomberg Economics Chief Economist Tom Orlik to discuss what these projections can — and can’t — tell us about where the trade war could lead.See omnystudio.com/listener for privacy information.
23 Apr 15min
