We're taking a break this week, here's an episode you might have missed.

Taylor Swift’s monumental success is due to her talent as a performer — as well as her business acumen. Bloomberg’s Devon Pendleton and Claire Ballentine join this episode to talk about how the pop star has taken ownership of her music, built a fiercely loyal fan base–and become a billionaire in the process.

Read more: Taylor Swift Vaults to Billionaire Ranks With Blockbuster Eras Tour

Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK

Have questions or comments for the team? Reach us at bigtake@bloomberg.net.

This episode was produced by: Supervising Producer: Vicki Vergolina, Senior Producer: Kathryn Fink, Producers: Michael Falero and Mo Barrow. Sound Design/Engineer: Gilda Garcia.

We're taking a break this week, here's an episode you might have missed.
Taylor Swift’s monumental success is due to her talent as a performer — as well as her business acumen. Bloomberg’s<a href="https://www.bloomberg.com/authors/AQdUWe1dz2M/devon-pendleton"> Devon Pendleton</a> and<a href="https://www.bloomberg.com/authors/ATR8P7ZTClE/claire-ballentine"> Claire Ballentine</a> join this episode to talk about how the pop star has taken ownership of her music, built a fiercely loyal fan base–and become a billionaire in the process.
Read more:<a href="http://bloomberg.com/graphics/2023-taylor-swift-net-worth-billionaire/"> Taylor Swift Vaults to Billionaire Ranks With Blockbuster Eras Tour</a>
Listen to The Big Take podcast every weekday and subscribe to our daily newsletter:<a href="https://bloom.bg/3F3EJAK"> https://bloom.bg/3F3EJAK</a> 
Have questions or comments for the team? Reach us at <a href="mailto:bigtake@bloomberg.net">bigtake@bloomberg.net</a>.
This episode was produced by: Supervising Producer: Vicki Vergolina, Senior Producer: Kathryn Fink, Producers: Michael Falero and Mo Barrow. Sound Design/Engineer: Gilda Garcia.

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

Team Favorite: Taylor Swift Is A Pop Icon. And A Billionaire

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/0cd1f1ed-0bad-413a-94b7-b0dd013f8aad/transcript

In Episode 2 of The Sixth Bureau, a limited-run series from The Big Take, we learn how China’s Ministry of State Security recruits experts in the West — and why intelligence officers shouldn’t keep their secrets backed up to the cloud.

In Episode 2 of The Sixth Bureau, a limited-run series from The Big Take, we learn how China&rsquo;s Ministry of State Security recruits experts in the West &mdash; and why intelligence officers shouldn&rsquo;t keep their secrets backed up to the cloud.

The Sixth Bureau, Episode 2: The Spy’s Diary

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/05b0e56a-e45c-47d5-bc34-b3f0004e16c4/transcript

It’s an open secret that the Chinese government has engaged in a global campaign to acquire intellectual property from foreign rivals. At the center of that campaign is the Ministry of State Security, China’s elusive intelligence agency. The US has apprehended hundreds of people accused of giving information to the MSS, but the agency’s inner workings have been a mystery — until now.

Today, we’re bringing you Episode 1 of The Sixth Bureau, a limited-run series from The Big Take. The series follows an MSS intelligence officer whose mission was to acquire the crown jewels of American aerospace companies. With aliases, blackmail and the occasional break-in, he targeted corporate giants. That is, until his sloppiness — and a cunning FBI sting — led to a stunning reversal: Xu Yanjun became the first Chinese intelligence officer ever convicted on American soil.

The Sixth Bureau is the story of superpowers, their secrets and how one Chinese spy got caught. The limited-run series will publish on Fridays in The Big Take. 

It&rsquo;s an open secret that the Chinese government has engaged in a global campaign to acquire intellectual property from foreign rivals. At the center of that campaign is the Ministry of State Security, China&rsquo;s elusive intelligence agency. The US has apprehended hundreds of people accused of giving information to the MSS, but the agency&rsquo;s inner workings have been a mystery &mdash; until now.
Today, we&rsquo;re bringing you Episode 1 of The Sixth Bureau, a limited-run series from The Big Take. The series follows an MSS intelligence officer whose mission was to acquire the crown jewels of American aerospace companies. With aliases, blackmail and the occasional break-in, he targeted corporate giants. That is, until his sloppiness &mdash; and a cunning FBI sting &mdash; led to a stunning reversal: Xu Yanjun became the first Chinese intelligence officer ever convicted on American soil.
The Sixth Bureau&nbsp;is the story of superpowers, their secrets and how one Chinese spy got caught. The limited-run series will publish on Fridays in The Big Take.&nbsp;

The Sixth Bureau, Episode 1: Your Friend From Nanjing

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/37243ecd-d65c-4551-8b5b-b3ef016b2a67/transcript

In July, American parents will be eligible to open Trump Accounts on behalf of their children. The administration touts these investment accounts as a way to help the next generation achieve the American dream. But are they the best way to save for college, home-ownership or retirement? And who stands to benefit most?

On today’s Big Take podcast, Bloomberg’s Ben Steverman walks host Sarah Holder through the advantages — and criticisms — of this new program. Plus, economist Darrick Hamilton, whose federal “baby bonds” proposal inspired the Trump Accounts, weighs in on the immediate and long-term impacts the accounts could have on families and on the US economy.

Read more: ‘Trump Accounts’ for Kids Get Another Billionaire Boost. What to Know.

Hosted by Sarah Holder; Produced by Julia Press; Reported by Ben Steverman; Edited by Tracey Samuelson.

Fact-checking by Eleanor Harrison-Dengate; Engineering by Alex Sugiura.

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

In July, American parents will be eligible to open Trump Accounts on behalf of their children. The administration touts these investment accounts as a way to help the next generation achieve the American dream. But are they the best way to save for college, home-ownership or retirement? And who stands to benefit most?
On today&rsquo;s Big Take podcast, Bloomberg&rsquo;s Ben Steverman walks host Sarah Holder through the advantages &mdash; and criticisms &mdash; of this new program. Plus, economist Darrick Hamilton, whose federal &ldquo;baby bonds&rdquo; proposal inspired the Trump Accounts, weighs in on the immediate and long-term impacts the accounts could have on families and on the US economy.
Read more:&nbsp;<a href="https://www.bloomberg.com/news/articles/2025-06-13/how-trump-accounts-with-1-000-baby-bonus-would-work?srnd=undefined">&lsquo;Trump Accounts&rsquo; for Kids Get Another Billionaire Boost. What to Know.</a>
Hosted by Sarah Holder; Produced by Julia Press; Reported by Ben Steverman; Edited by Tracey Samuelson.
Fact-checking by Eleanor Harrison-Dengate; Engineering by Alex Sugiura.
Senior Producer: Naomi Shavin; Deputy Executive Producer: Julia Weaver. Executive Producer: Nicole Beemsterboer.

Trump Accounts Promise Free Money. Is There a Catch?

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/15bfa5cf-5fe0-41bc-b3c5-b3ef015fda11/transcript

Team Favorite: Taylor Swift Is A Pop Icon. And A Billionaire

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