Big Take

Bloomberg's Washington Bureau Chief Peggy Collins visits Eagle Pass, Texas to uncover the impact of immigration on the border town. The podcast delves into the challenges faced by migrants seeking asylum, the political implications of Governor Greg Abbott's security measures, and the complexities of the immigration debate at the local level.

Investigative reporters discuss the fraud at the core of FTX's success. Examining the rise and fall of Sam Bankman-Fried. Exploring the aftermath of FTX's collapse and legal troubles. Unraveling the legitimacy of the popular app and potential prison sentence. Post-trial reflections on the resilience of the crypto industry.

Learn about the black market for SpaceX's Starlink terminals in countries where they are not authorized, and the national security concerns this raises. Dive into the challenges of controlling the distribution of technology in conflict zones and Elon Musk's role in US foreign policy.

Bloomberg's Paige Smith and Max Abelson reveal a pattern of harassment and discrimination at Citigroup's equities division. They discuss the impact on employees and business, historical treatment of harassment in banking, and the fear of speaking out against misconduct on Wall Street.

Exploring the US House of Representatives' ultimatum to TikTok, concerns about national security, data privacy risks, political implications, and the debate on tech industry data privacy. Lawmakers push for TikTok to sell or face a US ban, sparking bipartisan efforts and user mobilization. Analyzing the impact on TikTok ownership, Senate hurdles, potential sale options, and controversies surrounding TikTok and Meta.

Exploring Japan's shift to zero interest rates after years of negative rates, impact on banks and businesses, and the strategy to combat low inflation. Analysis of winners and losers with the central bank's decision, potential challenges for government and exporters. Navigating the effects of rate hikes on the economy, focusing on consumer spending and wage growth.

MLB aims to grow in Asia with Shohei Ohtani at the forefront. His $700 million deal with the Dodgers and impact on global fan engagement. The strategic move into the Asian market and the importance of media rights in MLB's global expansion.

The podcast discusses the recent surge in cryptocurrencies, debate on whether it's a bubble or a blastoff, mainstream adoption, El Salvador's acceptance of Bitcoin, BlackRock's influence, financial institutions supporting crypto, advertising strategies, and future price predictions.

The podcast discusses the shortage of plumbers in the US due to retiring baby boomers. They explore the impact on the economy and infrastructure, highlighting the challenges in recruiting young workers. The importance of plumbing in the green energy transition is emphasized, along with the appeal of a career in the field for job security and satisfaction.

Exploring the tricky economic landscape, Federal Reserve Chair navigates inflation and recession fears amidst political pressures. Discussion on maintaining central bank's independence in the glare of 2024. Powell's cautious approach, challenges in managing economy through interest rate adjustments, and balancing economic stability with political influences. Criticism on social media, market reactions, and importance of Fed's integrity highlighted.