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....
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.
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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.
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14:48
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.
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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.
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15:26
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.
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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