Hell hath no fury like Elon Musk scorned. Messy breakups grabbed headlines this week, with the strange and storied bromance of Musk and President Donald Trump rather predictably ending in tears (and a series of incendiary social media posts). Musk fired sharp criticisms at the White House-backed tax bill for being fiscally irresponsible. “Bankrupting America is NOT ok! KILL the BILL,” wrote the richest man in the world. 

Indeed, love and loss dominate this week’s episode of Everybody’s Business from Bloomberg Businessweek. Hosts Stacey Vanek Smith and Max Chafkin dive into the so-called big beautiful bill to look at the economic impact Musk is supposedly so worried about, and why America’s love affair with debt could prove the republic’s downfall. The proposed 2017 tax cut extension would add an estimated $2.4 trillion to the country’s  almost $37 trillion in debt over the next 10 years.  

Musk isn’t the only titan of industry having a big week. Taylor Swift recently announced she had taken full control of her music library, marking the end of a years-long battle. “I’ve been bursting into tears of joy at random intervals ever since I found out that this is really happening,” she wrote. Bloomberg’s Lucas Shaw joins to hash out the long, tortured breakup between Swift and her record label, and how the fight over her rights helped make Swift the superstar she’s become. 

Finally, it’s time to pour one out for the open tab. Bars are reportedly complaining that young customers aren’t leaving them open like they used to. A number of culprits of this curious behavior are explored, including Gen Z’s alleged struggles with commitment. (If you can’t even commit to handing your credit card to a bartender, how will you ever lock it down with a future partner?). 

Hell hath no fury like Elon Musk scorned. Messy breakups grabbed headlines this week, with the strange and storied bromance of Musk and President Donald Trump rather predictably ending in tears (and a series of incendiary social media posts). Musk fired sharp criticisms at the White House-backed tax bill for being fiscally irresponsible. &ldquo;Bankrupting America&nbsp;is NOT ok! KILL the BILL,&rdquo; wrote the richest man in the world.&nbsp;
Indeed, love and loss dominate <a href="https://www.bloomberg.com/podcasts/series/everybodys-business" data-cke-saved-href="https://www.bloomberg.com/podcasts/series/everybodys-business">this week&rsquo;s episode</a> of Everybody&rsquo;s Business from Bloomberg Businessweek. Hosts Stacey Vanek Smith and Max Chafkin dive into the so-called big beautiful bill to look at the economic impact Musk is supposedly so worried about, and why America&rsquo;s love affair with debt could prove the republic&rsquo;s&nbsp;downfall. The proposed 2017 tax cut extension would add an estimated $2.4 trillion to the country&rsquo;s <a href="bbg://news/stories/SXC6PQT1UM0W" data-web-url="https://www.bloomberg.com/news/articles/2025-06-04/cbo-says-republican-tax-bill-adds-2-4-trillion-to-us-deficits" data-cke-saved-href="bbg://news/stories/SXC6PQT1UM0W"> almost $37 trillion</a> in debt over the next 10 years.&nbsp;&nbsp;
Musk isn&rsquo;t the only titan of industry having a big week. Taylor Swift recently announced she had taken full control of her music library, marking the end of a years-long battle. &ldquo;I&rsquo;ve been bursting into tears of joy at random intervals ever since I found out that this is really happening,&rdquo; she wrote. Bloomberg&rsquo;s Lucas Shaw joins to hash out the long, tortured breakup between Swift and her record label, and how the fight over her rights helped make Swift the superstar she&rsquo;s become.&nbsp;
Finally, it&rsquo;s time to pour one out for the open tab. Bars are <a href="https://www.nytimes.com/2025/05/31/business/gen-z-bar-etiquette.html" data-cke-saved-href="https://www.nytimes.com/2025/05/31/business/gen-z-bar-etiquette.html">reportedly complaining </a>that young customers aren&rsquo;t leaving them open like they used to. A number of culprits of this curious behavior are explored, including Gen Z&rsquo;s alleged struggles with commitment. (If you can&rsquo;t even commit to handing your credit card to a bartender, how will you ever lock it down with a future partner?).&nbsp;

Bloomberg Businessweek brings you a smart and fun chat show about all things...business. Hosted by award-winning business and economics journalists Max Chafkin (author of The Contrarian: Peter Thiel and Silicon Valley’s Pursuit of Power) and Stacey Vanek Smith (former co-host of NPR’s Planet Money and reporter for Marketplace), Everybody's Business is powered by the unparalleled sources and reporters who bring you Businessweek magazine’s headlines and the stories behind them. The show gives listeners a window into the discussions happening in boardrooms, Zooms and group chats in power centers around the world. From interpreting Fed meetings to the business of wolf cloning, each week Max, Stacey and their friends at Bloomberg Businessweek guide listeners through what really went on during the last week from Wall Street and Main Street. Because what’s happening with money and markets is everybody’s business.

Bloomberg Businessweek brings you a smart and fun chat show about all things...business. Hosted by award-winning business and economics journalists Max Chafkin (author of The Contrarian: Peter Thiel and Silicon Valley&rsquo;s Pursuit of Power) and Stacey Vanek Smith (former co-host of NPR&rsquo;s Planet Money and reporter for Marketplace), Everybody's Business is powered by the unparalleled sources and reporters who bring you Businessweek magazine&rsquo;s headlines and the stories behind them. The show gives listeners a window into the discussions happening in boardrooms, Zooms and group chats in power centers around the world. From interpreting Fed meetings to the business of wolf cloning, each week Max, Stacey and their friends at Bloomberg Businessweek guide listeners through what really went on during the last week from Wall Street and Main Street. Because what&rsquo;s happening with money and markets is everybody&rsquo;s business.

Everybody's Business

Bad Blood: Elon vs. Trump & Taylor Swift gets her Grooves Back

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/3b7204a5-82a4-4a38-975b-b2f3017cd6b7/transcript

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