A divided Supreme Court has upheld the constitutional right to birthright citizenship, rejecting President Trump’s planned restrictions and invalidating a central plank of his immigration agenda. We have more on that story next from Bloomberg News Now, tracking the latest business headlines from around the world.

A divided Supreme Court has upheld the constitutional right to birthright citizenship, rejecting President Trump&rsquo;s planned restrictions and invalidating a central plank of his immigration agenda. We have more on that story next from Bloomberg News Now, tracking the latest business headlines from around the world.

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

Special Report: US Supreme Court Upholds Birthright Citizenship

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/5c0242c4-71c0-4483-b692-b4790102ffc2/transcript

Oh, the things you can find with an inquisitive mind – and a metal detector.

Today we’re bringing you Chapter 1 of Our Town, a limited-run series from The Big Take, hosted by Meribah Knight with Bloomberg’s Susan Berfield. The series tells the story of a battle over identity fought on small town soil, where acreage, heritage, and what it means to be an American are all up for grabs. 

The limited-run series will publish on Fridays in The Big Take. We have a special Bloomberg subscription offer for podcast listeners at Bloomberg.com/podcastoffer.

Hosted by Meribah Knight with Susan Berfield  Produced by: Rebecca Laks with Julia Weaver and David Fox and help from Laura Newcombe Edited by: Ken Armstrong with Rebecca Laks Original Score and Mixing by: Alex Sugiura Fact-checking by: Annika Robbins Executive Producer: Nicole Beemsterboer 

Oh, the things you can find with an inquisitive mind &ndash; and a metal detector. Today we&rsquo;re bringing you Chapter 1 of Our Town, a limited-run series from The Big Take, hosted by Meribah Knight with Bloomberg&rsquo;s Susan Berfield. The series tells the story of a battle over identity fought on small town soil, where acreage, heritage, and what it means to be an American are all up for grabs.&nbsp;
The limited-run series will publish on Fridays in&nbsp;The Big Take.&nbsp;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 Meribah Knight with Susan Berfield&nbsp; Produced by: Rebecca Laks with Julia Weaver and David Fox and help from Laura Newcombe Edited by: Ken Armstrong with Rebecca Laks Original Score and Mixing by: Alex Sugiura Fact-checking by: Annika Robbins Executive Producer: Nicole Beemsterboer&nbsp;

Our Town Chapter 1: Sometimes You Find Silver

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/093910dc-535d-4831-b4d4-b49e0147db52/transcript

Situational Awareness, a hedge fund run by a 24-year-old hailed as “Nostradamus of AI”, swelled to $45 billion in assets until a mix of highly leveraged bets, short sellers and a market swoon threw it into crisis.

On today’s Big Take podcast, Bloomberg’s Katherine Burton and Hema Parmar join Sarah Holder to discuss how risky bets led the fund to the brink and whether the episode speaks to broader vulnerabilities among hedge funds investing in AI.

Read more: 
The 24-Hour Race to Salvage Situational Awareness’ AI Bets
Bloomberg Opinion: Hedge Fund’s 439% Return Should Have Been the Warning
Situational Awareness Returns to Investing With $400 Million Bet

Listen to Money Stuff Podcast: No Kiddie Pool 

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

Hosted by Sarah Holder; Produced by Rachael Lewis-Krisky; Reported by Katherine Burton and Hema Parmar; Edited by Jeffrey Grocott. Fact-checking by Victor Swezey and Laura Newcombe; Engineering by Sean Carter. Senior Producer: Naomi Shavin; Deputy Executive Producer: Julia Weaver. Executive Producer: Nicole Beemsterboer.

Situational Awareness, a hedge fund run by a 24-year-old hailed as &ldquo;Nostradamus of AI&rdquo;, swelled to $45 billion in assets until a mix of highly leveraged bets, short sellers and a market swoon threw it into crisis.
On today&rsquo;s Big Take podcast, Bloomberg&rsquo;s Katherine Burton and Hema Parmar join Sarah Holder to discuss how risky bets led the fund to the brink and whether the episode speaks to broader vulnerabilities among hedge funds investing in AI.
Read more:&nbsp;
<ul>
<li><a href="https://www.bloomberg.com/news/articles/2026-07-30/the-24-hour-race-to-salvage-situational-awareness-souring-bets">The 24-Hour Race to Salvage Situational Awareness&rsquo; AI Bets</a></li>
<li><a href="https://www.bloomberg.com/opinion/articles/2026-08-03/situational-awareness-439-return-should-have-been-a-warning">Bloomberg Opinion: Hedge Fund&rsquo;s 439% Return Should Have Been the Warning</a></li>
<li><a href="https://www.bloomberg.com/news/articles/2026-08-05/situational-awareness-returns-to-investing-with-400-million-bet">Situational Awareness Returns to Investing With $400 Million Bet</a></li>
</ul>
Listen to <a href="https://www.bloomberg.com/news/audio/2026-07-31/money-stuff-podcast-no-kiddie-pool">Money Stuff Podcast: No Kiddie Pool</a>&nbsp;
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 Sarah Holder; Produced by Rachael Lewis-Krisky; Reported by Katherine Burton and Hema Parmar; Edited by Jeffrey Grocott. Fact-checking by Victor Swezey and Laura Newcombe; Engineering by Sean Carter. Senior Producer: Naomi Shavin; Deputy Executive Producer: Julia Weaver. Executive Producer: Nicole Beemsterboer.

The Situation at Situational Awareness

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/d01c2fe8-15b4-4f42-b079-b49e0157ad46/transcript

When new neighbors move into Gainesboro, Tennessee, a small town at the foothills of Appalachia, locals are confused. Who are these self-proclaimed pioneers? And what do they want with their little town?

Locals soon discover the new arrivals are connected to something much larger: A network of far-right Christians who have ties to Washington and are backed by venture capital. 

This is a story about a battle over identity fought on small town soil with small town spunk. Where acreage, heritage, and what it means to be an American are all up for grabs. Episode 1 will be available to Big Take listeners Friday, August 7.

When new neighbors move into Gainesboro, Tennessee, a small town at the foothills of Appalachia, locals are confused. Who are these self-proclaimed pioneers? And what do they want with their little town? Locals soon discover the new arrivals are connected to something much larger: A network of far-right Christians who have ties to Washington and are backed by venture capital. This is a story about a battle over identity fought on small town soil with small town spunk. Where acreage, heritage, and what it means to be an American are all up for grabs. Episode 1 will be available to Big Take listeners Friday, August 7.

Introducing: Our Town

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/bc2fe654-207b-4565-9b1e-b49e00c4035d/transcript

Special Report: US Supreme Court Upholds Birthright Citizenship

In 1 playlist(s)

Big Take

Social links

Follow podcast

Recent clips