This week, there’s a lot to digest. Max and Stacey dig into the recent elections in Michigan and what this means for the future of political spending with Businessweek correspondent Wes Kosova. Plus, Deena Shanker unpacks the image problem at the Department of Health and Human Services with the cyclospora outbreak, Robert F. Kennedy Jr.’s new cooking show and cuts to SNAP funding.

This week, there&rsquo;s a lot to digest. Max and Stacey dig into the recent elections in Michigan and what this means for the future of political spending with Businessweek correspondent Wes Kosova. Plus, Deena Shanker unpacks the image problem at the Department of Health and Human Services with the cyclospora outbreak, Robert F. Kennedy Jr.&rsquo;s new cooking show and cuts to SNAP funding.

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

A Gut Check on Political Spending

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/9667b0b4-4f82-4654-a91a-b49e0184eae4/transcript

Computer, create a banger about this month’s computer accessories CPI numbers with big bass and funny lyrics. Make no mistakes.

The memory chip shortage is here. Should businesses cheer or should consumers fear? Max and Stacey supply the facts about business interests in AI, especially when it comes to making the music that makes us laugh and cry.

Computer, create a banger about this month&rsquo;s computer accessories CPI numbers with big bass and funny lyrics. Make no mistakes.
The memory chip shortage is here. Should businesses cheer or should consumers fear? Max and Stacey supply the facts about business interests in AI, especially when it comes to making the music that makes us laugh and cry.

The Robots Have Stolen Your Summer

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/bc74d966-ed79-49ff-a069-b4a501876ad5/transcript

Bloomberg’s daily news podcast Big Take recently released an episode about the increasing amount of credit card disputes in the US, and how the phenomena of “friendly fraud” plays a part in that rise. Please enjoy, and hop on over to subscribe to their feed if you like what you hear!
———————

American consumers disputed nearly 30% more credit card transactions in 2025 than they did just four years earlier. Some of those “chargebacks” are legitimate issues or outright scams. But increasingly, many are what Bloomberg Businessweek reporter Amanda Mull says is friendly fraud — transaction disputes that aren’t completely honest or the retailer’s fault.

On today’s Big Take podcast, Mull joins host Sarah Holder to discuss the sharp rise in chargebacks, and the consequences of this trend for retailers, banks and consumers.

Read more: Credit Card Holders Are Using ‘Friendly Fraud’ to Get Back at Retailers

We have a special Bloomberg subscription offer for podcast listeners at Bloomberg.com/podcastoffer.

Hosted by Sarah Holder; Produced by Julia Press; Reported by Amanda Mull; Edited by Naomi Shavin.

Fact-checking by Laura Newcombe; Engineering by Sean Carter.

Senior Producer: Naomi Shavin; Deputy Executive Producer: Julia Weaver. Executive Producer: Nicole Beemsterboer. 

Bloomberg&rsquo;s daily news podcast Big Take recently released an episode about the increasing amount of credit card disputes in the US, and how the phenomena of &ldquo;friendly fraud&rdquo; plays a part in that rise. Please enjoy, and hop on over to subscribe to their feed if you like what you hear! &mdash;&mdash;&mdash;&mdash;&mdash;&mdash;&mdash;
American consumers disputed nearly 30% more credit card transactions in 2025 than they did just four years earlier. Some of those &ldquo;chargebacks&rdquo; are legitimate issues or outright scams. But increasingly, many are what Bloomberg Businessweek reporter Amanda Mull says is friendly fraud &mdash; transaction disputes that aren&rsquo;t completely honest or the retailer&rsquo;s fault.
On today&rsquo;s Big Take podcast, Mull joins host Sarah Holder to discuss the sharp rise in chargebacks, and the consequences of this trend for retailers, banks and consumers.
Read more: <a href="https://www.bloomberg.com/news/articles/2026-07-13/credit-card-holders-are-using-friendly-fraud-to-get-back-at-retailers?srnd=homepage-americas">Credit Card Holders Are Using &lsquo;Friendly Fraud&rsquo; to Get Back at Retailers</a>
We have a special Bloomberg subscription offer for podcast listeners at <a href="https://www.bloomberg.com/subscriptions/podcasts">Bloomberg.com/podcastoffer.</a>
Hosted by Sarah Holder; Produced by Julia Press; Reported by Amanda Mull; Edited by Naomi Shavin.
Fact-checking by Laura Newcombe; Engineering by Sean Carter.
Senior Producer: Naomi Shavin; Deputy Executive Producer: Julia Weaver. Executive Producer: Nicole Beemsterboer.&nbsp;

One Weird Trick to Get Your Credit Card Charge Reversed? Fraud.

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/79312521-c8bf-4d26-803e-b4a2013623cd/transcript

There don't seem to be many safe places for investors to turn now that fears about the business models underpinning AI have made the phrase "Magnificent Seven" sound kind of sarcastic. What can Main Street investors do to protect themselves? Plus, as businesses reckon with the latest wave of US tariffs, we hear the latest from a company battling the Trump administration in court.

And lastly, prediction markets are becoming far more entwined with politics. What will this mean for elections in the fall? Place your bets...

There don't seem to be many safe places for investors to turn now that fears about the business models underpinning AI have made the phrase "Magnificent Seven" sound kind of sarcastic. What can Main Street investors do to protect themselves? Plus, as businesses reckon with the latest wave of US tariffs, we hear the latest from a company battling the Trump administration in court.
And lastly, prediction markets are becoming far more entwined with politics. What will this mean for elections in the fall? Place your bets...

Wall Street's Big Gamble

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/cc496b18-bb77-49c5-9312-b4970185fb12/transcript

A Gut Check on Political Spending

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