US President Donald Trump just signed an executive order that aims to allow private equity into a $12 trillion piece of America’s retirement market — 401(k)s.

On today’s Big Take podcast, private equity reporter Allison McNeely joins host Sarah Holder to explain what this could mean for the average American’s retirement savings.

Read more: Trump Signs Order Easing Path for Private Assets in 401(k)s

US President Donald Trump just signed an executive order that aims to allow private equity into a $12 trillion piece of America&rsquo;s retirement market &mdash; 401(k)s.
On today&rsquo;s Big Take podcast, private equity reporter Allison McNeely joins host Sarah Holder to explain what this could mean for the average American&rsquo;s retirement savings.
Read more:&nbsp;<a href="https://www.bloomberg.com/news/articles/2025-08-07/trump-to-sign-order-easing-path-for-private-assets-in-401-k-s?srnd=undefined">Trump Signs Order Easing Path for Private Assets in 401(k)s</a>

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

Private Equity Is Coming for Your 401(k)

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/7ce82e4b-4aea-403d-b5c2-b3320150fd34/transcript

AI executives across the industry, led by Anthropic CEO Dario Amodei, called for a coordinated slow down in AI development over the weekend.

The move followed a viral post on X from a former Anthropic employee who resigned over safety concerns.

On today’s Big Take podcast, Bloomberg tech editor Sarah Frier joins Sarah Holder to break down the motivations behind those responses — and how IPOs, inflation and the economy are all at play.

Listen more: So Could AI ‘Kill Us All’?


Read more: Anthropic's $2 Trillion IPO Is Still On. And So Is the AI Race

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

Host: Sarah Holder; Guest: Sarah Frier 
Produced by David Fox; Edited by Tracey Samuelson. Mixed and mastered by Sean Carter.

AI executives across the industry, led by Anthropic CEO Dario Amodei, called for a coordinated slow down in AI development over the weekend.
The move followed a viral post on X from a former Anthropic employee who resigned over safety concerns.
On today&rsquo;s Big Take podcast, Bloomberg tech editor Sarah Frier joins Sarah Holder to break down the motivations behind those responses &mdash; and how IPOs, inflation and the economy are all at play.
Listen more: <a href="https://www.bloomberg.com/news/audio/2026-09-10/big-take-the-ai-safety-reckoning-is-here-podcast">So Could AI &lsquo;Kill Us All&rsquo;? </a>
Read more:&nbsp;<a href="https://www.bloomberg.com/opinion/articles/2026-09-15/anthropic-s-2-trillion-ipo-is-still-on-and-so-is-the-ai-race">Anthropic's $2 Trillion IPO Is Still On. And So Is the AI Race</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: Sarah Frier Produced by David Fox; Edited by Tracey Samuelson. Mixed and mastered by Sean Carter.

The AI Industry Says It Wants to Slow Down. Can It?

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/5d88003a-442c-4b2d-bcaf-b4c6016e9948/transcript

In the midst of a trade war with the US, Canadian Prime Minister Mark Carney is on a charm offensive.

On today’s Big Take podcast, Bloomberg’s Derek Decloet and host David Gura break down how Canada is reassessing its trade and security relationships and cozying up to Europe.

Read more: Canada’s Carney on Capital Investment, AI, US Trade

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

Hosted by David Gura; Produced by David Fox; Reported by Derek Decloet; Edited by Paddy Hirsch.

Fact-checking by Brunella Tipismana Urbano; Engineering by Alex Sugiura.

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

In the midst of a trade war with the US, Canadian Prime Minister Mark Carney is on a charm offensive.
On today&rsquo;s Big Take podcast, Bloomberg&rsquo;s Derek Decloet and host David Gura break down how Canada is reassessing its trade and security relationships and cozying up to Europe.
Read more: <a href="https://www.bloomberg.com/news/videos/2026-09-14/canada-s-carney-on-capital-investment-ai-us-trade-video?srnd=homepage-americas">Canada&rsquo;s Carney on Capital Investment, AI, US Trade</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 David Gura; Produced by David Fox; Reported by Derek Decloet; Edited by Paddy Hirsch.
Fact-checking by Brunella Tipismana Urbano; Engineering by Alex Sugiura.
Senior Producer: Naomi Shavin; Deputy Executive Producer: Julia Weaver. Executive Producer: Nicole Beemsterboer.

Why Canada Is Cozying Up to Europe

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/88eae669-1e54-47ef-933b-b4c5014a8fe0/transcript

LIV Golf split the professional circuit early this decade with its flashy tournaments and payouts that outstripped what golfers were earning on PGA tours. Now, after five years — and more than $5 billion in investments from the Saudi Public Investment Fund — LIV filed for Chapter 11 bankruptcy protection.

On today’s Big Take podcast, Golf.com’s Sean Zak joins host David Gura to explore why LIV wasn’t able to convert lavish spending and an attention-grabbing feud with the PGA into big audience numbers. Zak explores the prospect for a player-owned LIV 2.0 and looks at whether the upstart tour was ultimately good for professional golf.

Read more:
LIV’s Great Saudi-Backed Assault on Golf Ends With Whimper
LIV Golf Files Bankruptcy With Post-Saudi Future Uncertain
LIV Golf Shows Money Can Buy Stars — But Not Fans

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

Hosted by David Gura; Produced by Julia Press; Guest: Sean Zak; Edited by Jeffrey Grocott.

Fact-checking by Brunella Tipismana Urbano; Engineering by Alex Sugiura.

Deputy Executive Producer: Julia Weaver. Executive Producer: Nicole Beemsterboer.

LIV Golf split the professional circuit early this decade with its flashy tournaments and payouts that outstripped what golfers were earning on PGA tours. Now, after five years &mdash; and more than $5 billion in investments from the Saudi Public Investment Fund &mdash; LIV filed for Chapter 11 bankruptcy protection.
On today&rsquo;s Big Take podcast, <a href="http://golf.com">Golf.com</a>&rsquo;s Sean Zak joins host David Gura to explore why LIV wasn&rsquo;t able to convert lavish spending and an attention-grabbing feud with the PGA into big audience numbers. Zak explores the prospect for a player-owned LIV 2.0 and looks at whether the upstart tour was ultimately good for professional golf.
Read more:
<ul>
<li aria-level="1"><a href="https://www.bloomberg.com/news/articles/2026-09-09/liv-s-great-saudi-backed-assault-on-golf-ends-with-whimper?srnd=undefined">LIV&rsquo;s Great Saudi-Backed Assault on Golf Ends With Whimper</a></li>
<li aria-level="1"><a href="https://www.bloomberg.com/news/articles/2026-09-08/liv-golf-files-for-bankruptcy-with-post-saudi-future-uncertain">LIV Golf Files Bankruptcy With Post-Saudi Future Uncertain</a></li>
<li aria-level="1"><a href="https://www.bloomberg.com/opinion/articles/2026-04-23/liv-golf-shows-limits-of-what-saudi-money-can-buy-in-sports">LIV Golf Shows Money Can Buy Stars &mdash; But Not Fans</a></li>
</ul>
We have a special Bloomberg subscription offer for podcast listeners at Bloomberg.com/podcastoffer.
Hosted by David Gura; Produced by Julia Press; Guest: Sean Zak; Edited by Jeffrey Grocott.
Fact-checking by Brunella Tipismana Urbano; Engineering by Alex Sugiura.
Deputy Executive Producer: Julia Weaver. Executive Producer: Nicole Beemsterboer.

LIV Golf’s $5 Billion Path to Bankruptcy

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/8f1d272a-9148-4c04-b637-b4c2013f1904/transcript

Private Equity Is Coming for Your 401(k)

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