As of this writing, Israel’s war with Iran has been underway for close to a week, triggered by a surprise attack ordered by Prime Minister Benjamin Netanyahu on Iranian military and civilian targets. Israel’s waves of strikes have killed hundreds of Iranians while dozens of Israelis have died in Iranian retaliatory volleys. Donald Trump has demanded Iran’s “unconditional surrender” and indicated that America might join Israel’s bombing campaign. Iran’s Ayatollah Ali Khamenei has rejected the Republican president’s demand.

While acknowledging that this is a bit further afield from the show’s usual fare, Max Chafkin and Stacey Vanek Smith talk through the Mideast conflict and what it means for the global economy—and for everyone. They’re joined by Bloomberg Opinion columnist John Authers, who’s been covering the war and its implications in his newsletter, Point of Return.

Later in the show, Bloomberg Businessweek contributor Megan Greenwell joins Max and Stacey to talk about the economic destruction private equity has wreaked on the US. Greenwell covers this subject in her critically acclaimed book, Bad Company. PE’s effects on working-class communities are on Max and Stacey’s minds as the industry angles for access to Americans’ 401(k)s.

Finally, Stacey digs into Max’s new feature on Mark Cuban, the Shark Tank billionaire who’s been not not-flirting with a run for president in 2028. They discuss Cuban’s healthcare plans, the challenges of fighting “Trumpiness” with “Trumpiness” and pitch a shark tank-like arrangement for congressional bills.

As of this writing, Israel&rsquo;s war with Iran has been underway for close to a week, triggered by a surprise attack ordered by Prime Minister Benjamin Netanyahu on Iranian military and civilian targets. Israel&rsquo;s waves of strikes have killed hundreds of Iranians while dozens of&nbsp;Israelis&nbsp;have died in Iranian retaliatory volleys. Donald Trump has demanded Iran&rsquo;s &ldquo;<a href="bbg://news/stories/SY0D9ST0G1KW" data-web-url="https://www.bloomberg.com/news/articles/2025-06-17/us-israel-ramp-up-pressure-on-iran-strikes-on-significant-targets-planned" data-cke-saved-href="bbg://news/stories/SY0D9ST0G1KW">unconditional surrender</a>&rdquo; and indicated that America might join Israel&rsquo;s bombing campaign. Iran&rsquo;s Ayatollah Ali Khamenei has <a href="bbg://news/stories/SY1VW2DWLU68" data-web-url="https://www.bloomberg.com/news/articles/2025-06-18/israel-iran-conflict-enters-sixth-day-as-trump-weighs-options" data-cke-saved-href="bbg://news/stories/SY1VW2DWLU68">rejected</a> the Republican president&rsquo;s demand.
While acknowledging that this is a bit further afield from the show&rsquo;s usual fare, Max Chafkin and Stacey Vanek Smith talk through the Mideast conflict and what it means for the global economy&mdash;and for everyone. They&rsquo;re joined by Bloomberg Opinion columnist John Authers, who&rsquo;s been covering the war and its implications in his newsletter, <a href="https://www.bloomberg.com/account/newsletters/points-of-return" data-cke-saved-href="https://www.bloomberg.com/account/newsletters/points-of-return">Point of Return</a>.
Later in the show, Bloomberg Businessweek contributor Megan Greenwell joins Max and Stacey to talk about the economic destruction private equity has wreaked on the US. Greenwell covers this subject in her critically acclaimed book, Bad Company.&nbsp;PE&rsquo;s effects on working-class communities are on Max and Stacey&rsquo;s minds as the industry angles for access to Americans&rsquo; 401(k)s.
Finally, Stacey digs into Max&rsquo;s new&nbsp;<a href="bbg://news/stories/SXZT0UT1UM0Y" data-web-url="https://www.bloomberg.com/news/features/2025-06-17/mark-cuban-s-health-care-startup-could-set-up-2028-presidential-run?srnd=undefined" data-cke-saved-href="bbg://news/stories/SXZT0UT1UM0Y">feature</a>&nbsp;on Mark Cuban, the Shark Tank billionaire who&rsquo;s been not not-flirting with a run for president in 2028. They discuss Cuban&rsquo;s healthcare plans, the challenges of fighting &ldquo;Trumpiness&rdquo; with &ldquo;Trumpiness&rdquo; and pitch a shark tank-like arrangement for congressional bills.

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

Ripple Effects of War, Private Equity Gets Personal, and... President Cuban?

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/6cb7f0bb-2972-467d-acc2-b301014c54df/transcript

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