As conflict escalates between the US and Israel and Iran, Bloomberg’s Javier Blas reveals a vulnerability hiding in plain sight: the water systems that millions across the Middle East depend on. Plus: AI in wartime, and a gripping new podcast series on Chinese counterintelligence.

As conflict escalates between the US and Israel and Iran, Bloomberg&rsquo;s Javier Blas reveals a vulnerability hiding in plain sight: the water systems that millions across the Middle East depend on. Plus: AI in wartime, and a gripping new podcast series on Chinese counterintelligence.

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

The Hidden Crisis Behind the Iran Conflict

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/ee5ac2fb-4093-4d5b-89d8-b404018b11e8/transcript

Once upon a midnight dreary, inflation made me weak and weary,
Over many a quaint and curious volume of Dashing Doors––
While I nodded, nearly napping, suddenly there came a tapping,
As of some one gently rapping, Instacart at my chamber door.
“Is this my chicken wings”, I muttered, “tapping at my chamber door––
Only a merger and acquisition, nothing more.”

Once upon a midnight dreary, inflation made me weak and weary, Over many a quaint and curious volume of Dashing Doors&ndash;&ndash; While I nodded, nearly napping, suddenly there came a tapping, As of some one gently rapping, Instacart at my chamber door. &ldquo;Is this my chicken wings&rdquo;, I muttered, &ldquo;tapping at my chamber door&ndash;&ndash; Only a merger and acquisition, nothing more.&rdquo;

Spookflation Comes for us All

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/5ae4f0a1-41c6-472d-bd89-b4f3000bc876/transcript

Our friends over at the Big Take podcast recently released an episode about the trend of “Skimpflation” - when a product or service drops in quality but the price is the same. Please enjoy, and hop on over to subscribe to their feed if you like what you hear!
——
From margarine to chocolate treats, some brands are swapping in cheaper ingredients to save money on their most beloved products. It’s a trend known as “skimpflation.” But what happens when consumers start to notice?

On today’s Big Take podcast, Stacey Vanek Smith hears from Brad Reese, grandson of the Reese’s Peanut Butter Cup creator, about his crusade against the practice, the multi-million-dollar cottage industry that’s formed around it and the economic conditions that got us here in the first place.

Read more: How Brands Sneak In Cheaper Ingredients to Protect Their Profit Margins

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

Our friends over at the Big Take podcast recently released an episode about the trend of &ldquo;Skimpflation&rdquo; - when a product or service drops in quality but the price is the same. Please enjoy, and hop on over to subscribe to their feed if you like what you hear! &mdash;&mdash; From margarine to chocolate treats, some brands are swapping in cheaper ingredients to save money on their most beloved products. It&rsquo;s a trend known as &ldquo;skimpflation.&rdquo; But what happens when consumers start to notice? On today&rsquo;s Big Take podcast, Stacey Vanek Smith hears from Brad Reese, grandson of the Reese&rsquo;s Peanut Butter Cup creator, about his crusade against the practice, the multi-million-dollar cottage industry that&rsquo;s formed around it and the economic conditions that got us here in the first place. Read more: <a href="https://www.bloomberg.com/news/articles/2026-07-14/from-chocolate-to-orange-juice-more-brands-sneak-in-cheaper-ingredients?srnd=phx-businessweek">How Brands Sneak In Cheaper Ingredients to Protect Their Profit Margins</a> We have a special Bloomberg subscription offer for podcast listeners at <a href="https://www.bloomberg.com/subscriptions/podcasts">Bloomberg.com/podcastoffer.</a>

Skimpflation’ Could Be the Sneakiest Consumer Grift

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/27f44016-0d79-494e-801a-b4f0014813c8/transcript

This week, we have two stories that cover the spectrum of feast and famine. First, is beef a luxury now? Businessweek staff writer Deena Shanker chews the fat about why prices keep rising. And then, does the leaked Anthropic S-1 show a bubble bursting? Bloomberg News Managing Editor Sarah Frier talks us through it. Plus: How we feel about Elizabeth Holmes now.

This week, we have two stories that cover the spectrum of feast and famine. First, is beef a luxury now? Businessweek staff writer Deena Shanker chews the fat about why prices keep rising. And then, does the leaked Anthropic S-1 show a bubble bursting? Bloomberg News Managing Editor Sarah Frier talks us through it. Plus: How we feel about Elizabeth Holmes now.

Let Them Eat Steak

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/0f09ecab-4d15-416b-8e0c-b4ec000551a7/transcript

The Hidden Crisis Behind the Iran Conflict

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