With Inflation Still Sticky, Fed Shifts Focus to the Jobs Market
On Wednesday, the US Federal Reserve cut interest rates by 25 basis points, a move intended to address concerns about cracks in the labor market. It was a highly anticipated, modest decision from an agency that has been under increasing political pressure from President Trump to do a bigger rate cut. On today’s Big Take podcast, Fed and US economy reporter Amara Omeokwe and host David Gura discuss what the rate cut says about the state of the US job market, the broader economy and the central bank’s independence. Read more: After Rate Cut Powell Says Jobs Market No Longer Very Solid Bessent, Like Fed Governor, Made Contradictory Mortgage Pledges Further listening: Why Trump Is Trying to Fire Lisa Cook See omnystudio.com/listener for privacy information.
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The Gen Z Protestors Challenging Asia’s Ruling Elite
Across South Asia, Gen Z protestors are flooding the streets, demanding change. These protests have resulted in some of the worst violence Nepal and Indonesia have seen in years, presenting a challenge to the ruling elites. On today’s Big Take Asia podcast, host K. Oanh Ha speaks with Bloomberg Opinion’s Karishma Vaswani about what’s driving this wave of youth-led uprisings and what it would take for lasting political change. Read more: Gen Z Protesters Are Challenging Asia’s Old Guard Further listening: After a Deadly Student Uprising, Bangladesh Starts Over, AgainSee omnystudio.com/listener for privacy information.
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Tesla’s $1 Trillion Bet on Elon Musk’s Leadership
On Monday, news broke that Tesla CEO Elon Musk recently bought about $1 billion worth of Tesla stock causing the company’s share price to jump. It was the latest headline to stoke investor optimism, following the news earlier this month that the Tesla board awarded Musk a $1 trillion pay package, to secure his focus on the car company for the next several years. On today’s Big Take podcast, global autos editor Craig Trudell joins host David Gura to discuss why Tesla investors are, once again, all in on Musk — and why even Musk’s renewed focus may not be enough to turn the company’s fortunes around this time. Read more: Musk’s $1 Billion Tesla Stock Buy Sends Shares Up for 2025See omnystudio.com/listener for privacy information.
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What We Know About the Man Arrested for Charlie Kirk’s Death
The FBI has identified 22-year-old Tyler Robinson as the suspect in the killing of conservative activist Charlie Kirk. Robinson was arrested on suspicion of capital murder, weapons and obstruction offenses. On today’s Big Take podcast, Bloomberg national security reporter Myles Miller and host Sarah Holder discuss the latest from the investigation into the shooting.See omnystudio.com/listener for privacy information.
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Trump Ally and Political Strategist Charlie Kirk Killed at 31
Turning Point USA co-founder and close ally of President Donald Trump, Charlie Kirk, was shot and killed Wednesday afternoon while speaking at an event at Utah Valley University. The FBI has released images of a person-of-interest in the killing, but the suspect remains at large. On today’s Big Take podcast, Bloomberg’s White House reporter Josh Wingrove joins host Sarah Holder to discuss Kirk’s death, the political legacy he leaves behind and how the political world is reacting to his death. Read more: Charlie Kirk Energized Conservative Youth, Paving Way for Trump’s Rise See omnystudio.com/listener for privacy information.
The Big Take from Bloomberg News brings you inside what’s shaping the world's economies with the smartest and most informed business reporters around the world. The context you need on the stories that can move markets. Every afternoon.
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