After a rare double downgrade warning from MSCI, Indonesia suffered its worst stock rout in nearly 30 years.

On today’s Big Take Asia podcast, host K. Oanh Ha speaks with Bloomberg Indonesia bureau chief Ben Otto about what dropping Southeast Asia’s largest economy from key global benchmarks would mean for investors and what Jakarta can do to avert the crisis.

Read more: What Happens If Indonesia Is Removed From MSCI’s Global Indexes?

Further listening: Indonesia’s $15 Billion Free Lunch Experiment

Host: K. Oanh Ha; Guest: Ben Otto; Produced by Naomi Ng; Edited by Crispina Robert and Nicole Beemsterboer; Engineering by Greg Tock.

After a rare double downgrade warning from MSCI, Indonesia suffered its worst stock rout in nearly 30 years.
On today&rsquo;s Big Take Asia podcast, host K. Oanh Ha speaks with Bloomberg Indonesia bureau chief Ben Otto about what dropping Southeast Asia&rsquo;s largest economy from key global benchmarks would mean for investors and what Jakarta can do to avert the crisis.
Read more: <a href="https://www.bloomberg.com/news/articles/2026-10-16/why-indonesia-risks-being-removed-from-msci-s-global-indexes">What Happens If Indonesia Is Removed From MSCI&rsquo;s Global Indexes? </a>Further listening: <a href="https://podcasts.apple.com/us/podcast/indonesias-%2415-billion-free-lunch-experiment/id1746141911?i=1000769702171">Indonesia&rsquo;s $15 Billion Free Lunch Experiment</a>
Host: K. Oanh Ha; Guest: Ben Otto; Produced by Naomi Ng; Edited by Crispina Robert and Nicole Beemsterboer; Engineering by Greg Tock.

Is Indonesia’s Stock Market Becoming Uninvestable?

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Grand Theft Auto VI is expected to set new records for the video game industry. But will potential billion-dollar sales of the title buoy an entire industry facing years of layoffs and lower returns on investment?

On today’s Big Take podcast, Bloomberg’s Jason Schreier takes us inside the making of GTA VI and breaks down the financial stakes of one of the biggest entertainment releases of all time.

Read more: The Making of Grand Theft Auto VI

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

Host: Sarah Holder; Guest: Jason Schreier; Produced by Julia Press; Edited by Aaron Edwards; Engineering by Sean Carter.

Grand Theft Auto VI is expected to set new records for the video game industry. But will potential billion-dollar sales of the title buoy an entire industry facing years of layoffs and lower returns on investment? On today&rsquo;s Big Take podcast, Bloomberg&rsquo;s Jason Schreier takes us inside the making of GTA VI and breaks down the financial stakes of one of the biggest entertainment releases of all time.
Read more: <a href="https://www.bloomberg.com/features/2026-grand-theft-auto-6-making-of/">The Making of Grand Theft Auto VI</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: Jason Schreier; Produced by Julia Press; Edited by Aaron Edwards; Engineering by Sean Carter.

Grand Theft Auto VI Is Gaming’s Biggest Financial Bet

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Ahead of the Federal Reserve’s decision to hold rates steady this week, host Sarah Holder sat down with author and economic commentator Kyla Scanlon to talk about who’s continuing to spend and borrow, who isn’t and what happens when consumer spending doesn’t equal consumer confidence. 

Read more: 
Voters’ Inflation Frustrations Take Shine Off Strong Economic Growth
Kyla’s Newsletter: The Shrugflation Triangle: How AI, Oil, and Treasuries are Impacting the Economy 

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

Host: Sarah Holder; Guest: Kyla Scanlon; Produced by David Fox; Edited by Tracey Samuelson and Patrick Hirsch; Engineering by Emma Munger.

Ahead of the Federal Reserve&rsquo;s decision to hold rates steady this week, host Sarah Holder sat down with author and economic commentator Kyla Scanlon to talk about who&rsquo;s continuing to spend and borrow, who isn&rsquo;t and what happens when consumer spending doesn&rsquo;t equal consumer confidence.&nbsp;
Read more:&nbsp;
<ul>
<li><a href="https://www.bloomberg.com/news/articles/2026-10-29/strong-gdp-unlikely-to-sway-midterm-voters-worried-about-inflation">Voters&rsquo; Inflation Frustrations Take Shine Off Strong Economic Growth</a></li>
<li>Kyla&rsquo;s Newsletter: <a href="https://kyla.substack.com/p/the-shrugflation-triangle-how-ai">The Shrugflation Triangle: How AI, Oil, and Treasuries are Impacting the Economy</a>&nbsp;</li>
</ul>
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; Guest: Kyla Scanlon; Produced by David Fox; Edited by Tracey Samuelson and Patrick Hirsch; Engineering by Emma Munger.

Kyla Scanlon’s ‘Shrugflation’ Triangle

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Republicans in Texas, hoping to lock in more seats in Congress, kicked off a redistricting frenzy that saw several other states redraw their congressional maps. Today on the show, host David Gura sits down with Bloomberg Texas Bureau Chief Julie Fine and Senior White House reporter Josh Wingrove to talk through why that gamble may not pay off.

Read more:
Trump Calls for Peltola to Be Banned From Alaska Senate Race
Joe Rogan’s Microphone Goes Quieter on Trump Ahead of Midterms
Economic Pain Turns Nebraska Into Unexpected Senate Battleground

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

Host: David Gura; Guests: Julie Fine and Josh Wingrove; Produced by David Fox; Edited by Nicole Beemsterboer and Naomi Shavin; Engineering by Sean Carter.

Republicans in Texas, hoping to lock in more seats in Congress, kicked off a redistricting frenzy that saw several other states redraw their congressional maps. Today on the show, host David Gura sits down with Bloomberg Texas Bureau Chief Julie Fine and Senior White House reporter Josh Wingrove to talk through why that gamble may not pay off.
Read more:
<ul>
<li><a href="https://www.bloomberg.com/news/articles/2026-10-28/trump-calls-for-peltola-to-be-banned-from-alaska-senate-race">Trump Calls for Peltola to Be Banned From Alaska Senate Race</a></li>
<li><a href="https://www.bloomberg.com/news/features/2026-10-28/joe-rogan-turns-more-critical-of-trump-ahead-of-2026-midterms">Joe Rogan&rsquo;s Microphone Goes Quieter on Trump Ahead of Midterms</a></li>
<li><a href="https://news.bgov.com/bloomberg-government-news/economic-pain-turns-nebraska-into-unexpected-senate-battleground">Economic Pain Turns Nebraska Into Unexpected Senate Battleground</a></li>
</ul>
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: David Gura; Guests: Julie Fine and Josh Wingrove; Produced by David Fox; Edited by Nicole Beemsterboer and Naomi Shavin; Engineering by Sean Carter.

Was the US Republicans' Redistricting Effort a Texas-Sized Mistake?

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Anthropic’s initial public offering, set for November, will be the first by a company whose primary focus is developing frontier AI models. It could surpass SpaceX’s recent IPO as the biggest on record. And it’s risky. In 94 pages, the company laid out how its plans could be knocked off course by regulation, energy costs, climate change — or catastrophic risks to humanity caused by its own models.

In today’s episode, host Sarah Holder, Bloomberg Opinion columnist Dave Lee and Michael Regan, managing editor for US equities, talk about why the company is leaning into its risk prospectus, what a successful IPO would mean for competitors and markets and how much is riding on next week’s US midterm elections.

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

Host: Sarah Holder; Guests: Dave Lee, Michael Regan; Produced by David Fox; Edited by Jeffrey Grocott; Engineering by Sean Carter.

Anthropic&rsquo;s initial public offering, set for November, will be the first by a company whose primary focus is developing frontier AI models. It could surpass SpaceX&rsquo;s recent IPO as the biggest on record. And it&rsquo;s risky. In 94 pages, the company laid out how its plans could be knocked off course by regulation, energy costs, climate change &mdash; or catastrophic risks to humanity caused by its own models.
In today&rsquo;s episode, host Sarah Holder, Bloomberg Opinion columnist Dave Lee and Michael Regan, managing editor for US equities, talk about why the company is leaning into its risk prospectus, what a successful IPO would mean for competitors and markets and how much is riding on next week&rsquo;s US midterm elections.
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: Dave Lee, Michael Regan; Produced by David Fox; Edited by Jeffrey Grocott; Engineering by Sean Carter.

Anthropic's S-1

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France is caught between two powerful forces: protesters demanding that the government protect public services and social benefits and a bond market that can’t stomach the idea of France’s deficit getting any larger. 

But the fight over France’s budget is also reviving a longstanding debate at the heart of the euro zone: How much control does a country really have over its economic future when it shares a currency with its neighbors? On today’s Big Take podcast, Bloomberg’s John Stepek joins host Sarah Holder to discuss the competing forces shaping France’s financial future — and what’s at stake for the rest of Europe.

Read more:
A Turning Point for France Looks a Long Way Off
A French Accident Waiting to Happen
French Bond Risk Falls Most Since 2020 as Downgrade Avoided

Further Listening: 
French Bond Markets and AI Neoclouds Feel The Pressure


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

Host: Sarah Holder; Guest: John Stepek; Produced by Julia Press and Naomi Shavin; Edited by Tracey Samuelson; Engineering by Emma Munger.

France is caught between two powerful forces: protesters demanding that the government protect public services and social benefits and a bond market that can&rsquo;t stomach the idea of France&rsquo;s deficit getting any larger. But the fight over France&rsquo;s budget is also reviving a longstanding debate at the heart of the euro zone: How much control does a country really have over its economic future when it shares a currency with its neighbors? On today&rsquo;s Big Take podcast, Bloomberg&rsquo;s John Stepek joins host Sarah Holder to discuss the competing forces shaping France&rsquo;s financial future &mdash; and what&rsquo;s at stake for the rest of Europe.
Read more:
<ul>
<li aria-level="1"><a href="https://www.bloomberg.com/news/newsletters/2026-10-22/money-distilled-a-turning-point-for-france-looks-a-long-way-off?srnd=undefined">A Turning Point for France Looks a Long Way Off</a></li>
<li aria-level="1"><a href="https://www.bloomberg.com/opinion/articles/2026-10-23/a-french-accident-waiting-to-happen">A French Accident Waiting to Happen</a></li>
<li aria-level="1"><a href="https://www.bloomberg.com/news/articles/2026-10-26/french-markets-rebound-after-nation-avoids-moody-s-downgrade?srnd=homepage-americas">French Bond Risk Falls Most Since 2020 as Downgrade Avoided</a></li>
</ul>
Further Listening:&nbsp;
<ul>
<li><a href="http://swap.fm/l/GfmTa1sMYjCWjsDJYsYA">French Bond Markets and AI Neoclouds Feel The Pressure </a></li>
</ul>
We have a special Bloomberg subscription offer for podcast listeners at <a href="https://www.bloomberg.com/subscriptions/podcasts">Bloomberg.com/podcastoffer.</a>
Host:&nbsp;Sarah Holder; Guest: John Stepek; Produced by Julia Press and Naomi Shavin; Edited by Tracey Samuelson; Engineering by Emma Munger.

Does France Answer to Its Citizens or the Bond Market?

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India’s “Cockroach” protests have returned to the streets of Delhi, and just as the country faces intensifying challenges from abroad, including fallout from the Iran war and tensions with the US, China and Pakistan.

In a conversation on the sidelines of Bloomberg’s New Economy Forum in New Delhi last week, Suhasini Haidar, diplomatic editor for The Hindu, sat down with The Mishal Husain Show to unpack India’s shifting place in the world and Gen Z discontent at home.

India&rsquo;s &ldquo;Cockroach&rdquo; protests have returned to the streets of Delhi, and just as the country faces intensifying challenges from abroad, including fallout from the Iran war and tensions with the US, China and Pakistan.
In a conversation on the sidelines of Bloomberg&rsquo;s New Economy Forum in New Delhi last week, Suhasini Haidar, diplomatic editor for&nbsp;The Hindu, sat down with The Mishal Husain Show to unpack India&rsquo;s shifting place in the world and Gen Z discontent at home.

Weekend Listen: Suhasini Haidar on Modi’s Challenges Trump Abroad and Gen Z at Home

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For the first time since the Oct. 7 attacks, Israelis are headed to the polls. The race is seen as a referendum on Prime Minister Benjamin Netanyahu, who is neck-and-neck with opponent Gadi Eisenkot in the latest polls. 

On today’s Big Take podcast, Bloomberg’s Dan Williams examines the existential questions this election has raised: Will Israelis choose a post-Netanyahu future? And if they do, what would it mean for Israel and for the Palestinian territories?

Read more:
Win or Lose, Netanyahu Has Reshaped Israeli Politics in His Image
Trump’s Endorsement of Netanyahu Falls Flat With Israeli Voters

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

For the first time since the Oct. 7 attacks, Israelis are headed to the polls. The race is seen as a referendum on Prime Minister Benjamin Netanyahu, who is neck-and-neck with opponent Gadi Eisenkot in the latest polls.&nbsp;
On today&rsquo;s Big Take podcast, Bloomberg&rsquo;s Dan Williams examines the existential questions this election has raised: Will Israelis choose a post-Netanyahu future? And if they do, what would it mean for Israel and for the Palestinian territories?
Read more:
<ul>
<li aria-level="1"><a href="https://www.bloomberg.com/news/features/2026-10-19/netanyahu-risks-israel-election-loss-but-his-iran-gaza-policies-will-continue?srnd=undefined">Win or Lose, Netanyahu Has Reshaped Israeli Politics in His Image</a></li>
<li aria-level="1"><a href="https://www.bloomberg.com/news/articles/2026-10-20/trump-s-endorsement-of-netanyahu-falls-flat-with-israeli-voters?srnd=undefined">Trump&rsquo;s Endorsement of Netanyahu Falls Flat With Israeli Voters</a></li>
</ul>
We have a special Bloomberg subscription offer for podcast listeners at <a href="https://www.bloomberg.com/subscriptions/podcasts">Bloomberg.com/podcastoffer.</a>

Benjamin Netanyahu’s Referendum Has Arrived 

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Tesla disclosed this week that it had fallen short of its targets for AI infrastructure spending. Investors didn’t like that. Meta revealed its plans to lay out more than $800 billion on AI infrastructure over the next decade. Investors didn’t like that, either.

On today’s Big Take podcast, why all eyes are on AI spending plans — and which US tech giants’ earnings to watch. Host Sarah Holder is joined by Michael Regan, managing editor for US equities, and Sarah Frier, managing editor for big tech, AI and startups.

Read more: 
Meta Credit Risk Gauge Surges to Record on AI Spending Plans
Meta Falls After Boosting Spending Plans for AI Bet
Tesla’s Lowered Capex Plan Fuels Doubt on AI, Robotics Goals

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

Host: Sarah Holder; Guests: Sarah Frier and Michael Regan; Produced by David Fox; Edited by Jeffrey Grocott; Engineering by Emma Munger.

Tesla disclosed this week that it had fallen short of its targets for AI infrastructure spending. Investors didn&rsquo;t like that. Meta revealed its plans to lay out more than $800 billion on AI infrastructure over the next decade. Investors didn&rsquo;t like that, either.
On today&rsquo;s Big Take podcast, why all eyes are on AI spending plans &mdash; and which US tech giants&rsquo; earnings to watch. Host Sarah Holder is joined by Michael Regan, managing editor for US equities, and Sarah Frier, managing editor for big tech, AI and startups.
Read more:&nbsp;
<ul>
<li aria-level="1"><a href="https://www.bloomberg.com/news/articles/2026-10-22/meta-credit-risk-gauge-hits-fresh-high-on-ai-spending-plans">Meta Credit Risk Gauge Surges to Record on AI Spending Plans</a></li>
<li aria-level="1"><a href="https://www.bloomberg.com/news/articles/2026-10-21/meta-boosts-bet-on-ai-with-new-spending-outlook-stock-offering">Meta Falls After Boosting Spending Plans for AI Bet</a></li>
<li aria-level="1"><a href="https://www.bloomberg.com/news/articles/2026-10-21/tesla-s-third-quarter-earnings-beat-wall-street-estimates">Tesla&rsquo;s Lowered Capex Plan Fuels Doubt on AI, Robotics Goals</a></li>
</ul>
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: Sarah Frier and Michael Regan; Produced by David Fox; Edited by Jeffrey Grocott; Engineering by Emma Munger.

Meta and Tesla Beat Expectations. So Why Are Investors Unimpressed?

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Amid the news that Elon Musk wants to merge Tesla and SpaceX, he has given $445 million to political races in the US midterms. That makes him one of the biggest-ever contributors in US history.  

On today’s Big Take podcast, host David Gura talks to Dana Hull, who covers Musk, and campaign finance reporter Bill Allison, about the impact that money could have on some of the closest races, like the Texas Senate race.

Read more:

Musk Giving Tops $445 Million in Midterm Election Push for GOP
Musk Pours $158 Million Into GOP Super PAC for Texas Senate Race
SpaceX, Tesla Boards Study Possible $3.5 Trillion Merger

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

Host: David Gura; Guests: Dana Hull, Bill Allison; Produced by Julia Press, David Fox, Julia Weaver; Edited by Naomi Shavin; Engineering by Sean Carter.

Amid the news that Elon Musk wants to merge Tesla and SpaceX, he has given $445 million to political races in the US midterms. That makes him one of the biggest-ever contributors in US history.&nbsp;&nbsp; On today&rsquo;s Big Take podcast, host David Gura talks to Dana Hull, who covers Musk, and campaign finance reporter Bill Allison, about the impact that money could have on some of the closest races, like the Texas Senate race.
Read more:
<a href="https://www.bloomberg.com/news/articles/2026-10-23/musk-giving-tops-445-million-in-midterm-election-push-for-gop">Musk Giving Tops $445 Million in Midterm Election Push for GOP</a> <a href="https://www.bloomberg.com/news/articles/2026-10-15/musk-pours-158-million-into-gop-super-pac-for-texas-senate-race?srnd=undefined">Musk Pours $158 Million Into GOP Super PAC for Texas Senate Race</a> <a href="https://www.bloomberg.com/news/articles/2026-10-20/spacex-profit-beats-estimates-on-big-jump-in-ai-business-revenue">SpaceX, Tesla Boards Study Possible $3.5 Trillion Merger</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: David Gura; Guests: Dana Hull, Bill Allison; Produced by Julia Press, David Fox, Julia Weaver; Edited by Naomi Shavin; Engineering by Sean Carter.

Elon Musk Has Spent More Than $445 Million on the US Midterms

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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

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