A Farewell to an American Icon: The Penny
Big Take4 Juli

A Farewell to an American Icon: The Penny

For decades, the penny has cost more to produce than it’s worth. Now, the US government is finally stopping production of the one-cent coin for good.

So, how did we get here? And what does it mean for those little Abraham Lincolns stuck behind your couch cushions? On today’s Big Take podcast, Bloomberg’s Steven Dennis takes us through the life and death of the penny, and explores what it reveals about the way the US government works.

See omnystudio.com/listener for privacy information.

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Antony Blinken: The Exit Interview

Antony Blinken: The Exit Interview

In his final month as the United States’ chief diplomat, Secretary of State Antony Blinken raced around the globe, responding to conflicts in the Middle East and the latest developments in the war in Ukraine. During a stop in New York, he sat down with host David Gura to talk about how he is preparing to hand over the country’s sprawling foreign policy portfolio to the incoming Trump administration.See omnystudio.com/listener for privacy information.

18 Jan 18min

Janet Yellen: The Exit Interview

Janet Yellen: The Exit Interview

Treasury Secretary Janet Yellen has been a fixture in the economic policy world for decades. She was President Clinton’s chief economic adviser, a Federal Reserve governor and served as Fed Chair under President Obama. As her tenure at Treasury comes to an end, Yellen sits down with host David Gura to discuss the possibility of additional sanctions on Russian oil and communication between the US and China, and she reflects on her long career as a pioneering economic policymaker.See omnystudio.com/listener for privacy information.

18 Jan 17min

Gary Gensler: The Exit Interview

Gary Gensler: The Exit Interview

Gary Gensler’s tenure as Wall Street’s top regulator is coming to an end, and the US Securities and Exchange Commission chair is reflecting on his time at the agency. In an interview with host David Gura, Gensler responds to his critics, discusses his concerns about AI, China and crypto — and shares the advice he gave President-elect Trump’s pick to replace him.See omnystudio.com/listener for privacy information.

18 Jan 16min

What Higher Bond Yields Mean for Markets and Everyday Borrowers

What Higher Bond Yields Mean for Markets and Everyday Borrowers

The relentless rise in government bond yields has Wall Street worried. Higher treasury yields can impact borrowing costs on everything from mortgage rates to auto loans. Today on the show, host David Gura talks to Bloomberg’s Liz McCormick about why bond yields have been climbing, and what the consequences could be for consumers, markets and the economy.See omnystudio.com/listener for privacy information.

17 Jan 18min

How Scott Bessent Made His Way Into Trump’s Inner Circle

How Scott Bessent Made His Way Into Trump’s Inner Circle

Scott Bessent is President-Elect Trump’s pick to be the treasury secretary, a role that spans oversight of the $28 trillion market for US government debt to economic sanctions. Today on the show, Big Take DC’s Saleha Mohsin joins host David Gura to discuss the tightrope act that landed Bessent the nomination: winning over both MAGA and Wall Street. Read more: How Scott Bessent Won Over MAGA and Wall Street See omnystudio.com/listener for privacy information.

16 Jan 14min

The Israel-Hamas Ceasefire Deal and What Comes Next

The Israel-Hamas Ceasefire Deal and What Comes Next

After 15 months of a grueling war that has claimed tens of thousands of lives, Israel and Hamas agreed to phase one of a ceasefire deal on Wednesday. The agreement will create a pause in fighting that will allow critical aid to reach Gaza, and begin an exchange of hostages held in Gaza and Palestinian prisoners held by Israel. But the next phases of negotiations are expected to be more complicated — and it’s unclear if this pause in fighting will hold. On today’s Big Take podcast, Israel bureau chief Ethan Bronner and Fares Alghoul, who covers Gaza, join host Sarah Holder to discuss the details of the ceasefire deal, how it finally came together, and what lies ahead for Israel, Gaza and the region. See omnystudio.com/listener for privacy information.

16 Jan 18min

South Korea Has Plenty of Botox But Not Enough Doctors

South Korea Has Plenty of Botox But Not Enough Doctors

A record 600,000 people traveled to South Korea for medical procedures in 2023, with roughly half of those visiting dermatology and plastic surgery clinics. On today's Big Take Asia Podcast, host Rebecca Choong Wilkins talks to Bloomberg's Oanh Ha about the rise of the medical tourism industry, and how it’s colliding with a shrinking supply of doctors and a struggling medical system. Further listening: Netflix’s Big Bet On ‘Squid Game’See omnystudio.com/listener for privacy information.

14 Jan 15min

Time Runs Short on TikTok in the US

Time Runs Short on TikTok in the US

The US Supreme Court is set to rule on TikTok’s fate this week. The social media platform is in court challenging a law that would force its Chinese parent company ByteDance into a sale or face a US TikTok ban. After hearing oral arguments for and against the ban, the Supreme Court appears poised to uphold it. It would go into effect on Sunday.But incoming President Donald Trump will be sworn in the following day, and could scramble whatever decision is reached this week. Legal editor Sara Forden joins Big Take host Sarah Holder to discuss the case and what a ban would mean for TikTok users, competitor tech platforms and US-China relations. See omnystudio.com/listener for privacy information.

13 Jan 14min

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