On day 23 of the second-longest government shutdown in American history, House Minority Leader Hakeem Jeffries sits down with Big Take Host David Gura to talk about the shutdown, the NYC mayoral race and cuts to Medicare and Medicaid.

On day 23 of the second-longest government shutdown in American history, House Minority Leader Hakeem Jeffries sits down with Big Take Host David Gura to talk about the shutdown, the NYC mayoral race and cuts to Medicare and Medicaid.

The Big Take from Bloomberg News brings you inside what’s shaping the world's economies with the smartest and most informed business reporters around the world. The context you need on the stories that can move markets. Every afternoon.

The Big Take from Bloomberg News brings you inside what’s shaping the world's economies with the smartest and most informed business reporters around the world. The context you need on the stories that can move markets. Every afternoon.

Big Take

House Minority Leader Hakeem Jeffries on Shutdown Day 23

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/cd752473-c062-440c-8660-b37f0132a949/transcript

At over 5%, the 10-year Treasury yield is the highest since 2007. Those soaring yields are raising lots of questions about whether investors should be trimming stocks and buying bonds. But timing such a move can be complicated. 

On today’s Big Take podcast, Bloomberg’s David Papadopoulos and Michael Regan join host Sarah Holder to discuss whether we’re on the brink of a great portfolio reallocation, two very different reasons why bond yields are rising and why one prominent AI skeptic is embracing the trade he once shunned.

Further reading: AI Skeptic Rajiv Jain Embraces the Tech Trade He Once Shunned

Further listening: Why Everyone is Talking About High Diesel Prices

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

Host: Sarah Holder; Guests: David Papadopoulos and Michael Regan; Produced by Julia Press and David Fox; Edited by Tracey Samuelson; Engineering by Sean Carter.

At over 5%, the 10-year Treasury yield is the highest since 2007. Those soaring yields are raising lots of questions about whether investors should be trimming stocks and buying bonds. But timing such a move can be complicated.&nbsp;
On today&rsquo;s Big Take podcast, Bloomberg&rsquo;s David Papadopoulos and Michael Regan join host Sarah Holder to discuss whether we&rsquo;re on the brink of a great portfolio reallocation, two very different reasons why bond yields are rising and why one prominent AI skeptic is embracing the trade he once shunned.
Further reading:&nbsp;<a href="https://www.bloomberg.com/news/articles/2026-09-28/ai-skeptic-rajiv-jain-embraces-the-tech-trade-he-once-shunned?srnd=homepage-americas">AI Skeptic Rajiv Jain Embraces the Tech Trade He Once Shunned</a>
Further listening:&nbsp;<a href="https://www.bloomberg.com/news/articles/2026-09-23/diesel-price-spike-hits-farms-food-prices-battleground-states">Why Everyone is Talking About High Diesel Prices</a>
We have a special Bloomberg subscription offer for podcast listeners at <a href="https://www.bloomberg.com/subscriptions/podcasts">Bloomberg.com/podcastoffer.</a>
Host: Sarah Holder; Guests: David Papadopoulos and Michael Regan; Produced by Julia Press and David Fox; Edited by Tracey Samuelson; Engineering by Sean Carter.

Could Bond Yields Break the Stock Market?

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/c09af70b-8ecf-4b5c-a06a-b4d301570ea4/transcript

In 2014, the economists Owen Zidar and Eric Zwick were asked by the US Treasury to conduct a study on the tax burden of private business owners. One of their central findings is that there are about three million private business owners who have an average wealth of around $25 million. The research they conducted led to their new book, The Everywhere Millionaire: Who Is Really Rich in America and How They Got There.

On this week's Weekend Listen, Odd Lots co-hosts Joe Weisenthal and Tracy Alloway talk to Zidar and Zwick about how they measured the actual number of rich people in America, why income inequality started to rise in tandem with the growing number of pass-through businesses, and how it's possible that the collective revenue of the nation's dentists far exceeds that of the NFL.

Read more:
Tech’s New Rich Are Suffering From ‘Sudden Wealth Syndrome’
Jobless Tech Workers Are Being Left Out of San Francisco’s AI Boom

In 2014, the economists Owen Zidar and Eric Zwick were asked by the US Treasury to conduct a study on the tax burden of private business owners. One of their central findings is that there are about three million private business owners who have an average wealth of around $25 million. The research they conducted led to their new book, The Everywhere Millionaire: Who Is Really Rich in America and How They Got There. On this week's Weekend Listen, Odd Lots co-hosts Joe Weisenthal and Tracy Alloway talk to Zidar and Zwick about how they measured the actual number of rich people in America, why income inequality started to rise in tandem with the growing number of pass-through businesses, and how it's possible that the collective revenue of the nation's dentists far exceeds that of the NFL.
Read more: <a href="https://www.bloomberg.com/news/articles/2026-09-11/tech-s-nouveau-riche-suffer-sudden-wealth-syndrome-as-ai-pay-explodes?utm_medium=referral&amp;utm_source=podcast&amp;utm_campaign=odd_lots&amp;utm_content=article" data-prosemirror-content-type="mark" data-prosemirror-mark-name="link">Tech&rsquo;s New Rich Are Suffering From &lsquo;Sudden Wealth Syndrome&rsquo;</a> <a href="https://www.bloomberg.com/news/features/2026-09-17/san-francisco-s-ai-wealth-boom-skirts-engineers-as-openai-anthropic-ipos-near?utm_medium=referral&amp;utm_source=podcast&amp;utm_campaign=odd_lots&amp;utm_content=article" data-prosemirror-content-type="mark" data-prosemirror-mark-name="link">Jobless Tech Workers Are Being Left Out of San Francisco&rsquo;s AI Boom</a>

Weekend Listen: There's a Mind-Boggling Number of Rich People in America

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/5bb94a7a-ada3-49f8-b52a-b4d200da7e98/transcript

People who fabricate artificial stone are getting sick with a deadly chronic illness—on that, there’s no debate. But whether it’s the individual shops or the material’s manufacturers who should be held responsible is the subject of a highly political dispute playing out across the US.

On today’s Big Take podcast, Bloomberg labor reporter Josh Eidelson breaks down the consequences of this dispute for the industry and the people who work in it.

Read more: ‘Death Sentences’: Crafting America’s Favorite Countertops Is Killing Workers

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

Host: Sarah Holder; Guest: Josh Eidelson; Produced by Julia Press; Edited by Naomi Shavin; Engineering by Alex Sugiura.

People who fabricate artificial stone are getting sick with a deadly chronic illness&mdash;on that, there&rsquo;s no debate. But whether it&rsquo;s the individual shops or the material&rsquo;s manufacturers who should be held responsible is the subject of a highly political dispute playing out across the US.
On today&rsquo;s Big Take podcast, Bloomberg labor reporter Josh Eidelson breaks down the consequences of this dispute for the industry and the people who work in it.
Read more:&nbsp;<a href="https://www.bloomberg.com/news/features/2026-09-14/silicosis-lawsuits-mount-as-workers-seek-billions-in-damages?srnd=undefined">&lsquo;Death Sentences&rsquo;: Crafting America&rsquo;s Favorite Countertops Is Killing Workers</a>
We have a special Bloomberg subscription offer for podcast listeners at&nbsp;<a href="https://www.bloomberg.com/subscriptions/podcasts">Bloomberg.com/podcastoffer.</a>
Host: Sarah Holder; Guest: Josh Eidelson; Produced by Julia Press; Edited by Naomi Shavin; Engineering by Alex Sugiura.

Crafting America’s Favorite Countertops Is Killing Workers

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/8f180ed1-faf5-40aa-9eb8-b4d00104da48/transcript

House Minority Leader Hakeem Jeffries on Shutdown Day 23

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