A Japanese company’s bid to buy US Steel has sparked a fight with the United Steelworkers union — and put the company at the center of the 2024 presidential contest. 

Today on the Big Take, Bloomberg reporters Joe Deaux and Josh Wingrove join host David Gura to trace why the deal came to a halt, how the company fits into Joe Biden and Donald Trump’s brands of political nostalgia, and why the fate of this deal could have an outsized impact on the election.

A Japanese company’s bid to buy US Steel has sparked a fight with the United Steelworkers union — and put the company at the center of the 2024 presidential contest. Today on the Big Take, Bloomberg reporters Joe Deaux and Josh Wingrove join host David Gura to trace why the deal came to a halt, how the company fits into Joe Biden and Donald Trump’s brands of political nostalgia, and why the fate of this deal could have an outsized impact on the election.

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

The Cost of Keeping US Steel US-Owned

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/e3aefd3f-672f-440f-8d9a-b14f012c4503/transcript

For most of this year, US markets were hitting fresh highs and investors were giddy about the potential of AI to make the world’s biggest tech companies even more profitable. Then, the picture changed. Welcome to the Great Rotation.

On today’s Big Take podcast, host Sarah Holder speaks to Bloomberg cross-asset reporter Isabelle Lee about what’s behind the investor move from the Magnificent Seven tech firms into smaller companies — and what role, if any, recent US political turmoil is playing in investors’ expectations about the rest of the year. 

Read more: Markets Tear Up Popular Trades That Reached ‘Stupid Levels’ and Stocks Caught in Tug of War Between Tech and Rest: Markets Wrap

For most of this year, US markets were hitting fresh highs and investors were giddy about the potential of AI to make the world’s biggest tech companies even more profitable. Then, the picture changed. Welcome to the Great Rotation.
On today’s Big Take podcast, host Sarah Holder speaks to Bloomberg cross-asset reporter Isabelle Lee about what’s behind the investor move from the Magnificent Seven tech firms into smaller companies — and what role, if any, recent US political turmoil is playing in investors’ expectations about the rest of the year. 
Read more: <a href="https://www.bloomberg.com/news/articles/2024-07-25/everything-you-thought-you-knew-about-2024-markets-has-changed">Markets Tear Up Popular Trades That Reached ‘Stupid Levels’</a> and <a href="https://www.bloomberg.com/news/articles/2024-07-24/stock-market-today-dow-s-p-live-updates?srnd=undefined&amp;sref=ndQeXqOs">Stocks Caught in Tug of War Between Tech and Rest: Markets Wrap</a>

Wall Street’s Great Rotation

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/57f9debb-1a46-4dd7-afd0-b1b901563022/transcript

Israeli Prime Minister Benjamin Netanyahu’s trip to DC was set to be high-stakes, as he arranged to meet with President Biden and former President Trump. But Vice President Kamala Harris’s candidacy complicated an already delicate balancing act.

On today’s Big Take DC podcast, host David Gura speaks with Israel bureau chief Ethan Bronner and national security reporter Nick Wadhams about what’s at stake for each of these leaders, the latest prospects for a cease-fire deal between Israel and Hamas, and how November’s election could reshape the US-Israel relationship.

Israeli Prime Minister Benjamin Netanyahu’s trip to DC was set to be high-stakes, as he arranged to meet with President Biden and former President Trump. But Vice President Kamala Harris’s candidacy complicated an already delicate balancing act.
On today’s Big Take DC podcast, host David Gura speaks with Israel bureau chief Ethan Bronner and national security reporter Nick Wadhams about what’s at stake for each of these leaders, the latest prospects for a cease-fire deal between Israel and Hamas, and how November’s election could reshape the US-Israel relationship.

On US Trip, Netanyahu Covers His Bases

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/e4a76655-5033-4c4c-a853-b1b8010ca61b/transcript

Americans are more and more likely to get health care not from doctors, but from nurse practitioners. It’s one of the fastest-growing professions in the US — and the number of nurse practitioners in the country is expected to climb 45% by 2032. But training for the booming profession has never been standardized, and some students worry they’re not being set up for success. 

On today’s Big Take podcast, host Sarah Holder talks to investigative reporters Caleb Melby and Polly Mosendz about what the rapid rise of nurse practitioners has meant for their education — and their patients.

Read more: The Miseducation of America’s Nurse Practitioners

Americans are more and more likely to get health care not from doctors, but from nurse practitioners. It’s one of the fastest-growing professions in the US — and the number of nurse practitioners in the country is expected to climb 45% by 2032. But training for the booming profession has never been standardized, and some students worry they’re not being set up for success. On today’s Big Take podcast, host Sarah Holder talks to investigative reporters Caleb Melby and Polly Mosendz about what the rapid rise of nurse practitioners has meant for their education — and their patients.
Read more: <a href="https://www.bloomberg.com/news/features/2024-07-24/is-the-nurse-practitioner-job-boom-putting-us-health-care-at-risk?srnd=undefined">The Miseducation of America’s Nurse Practitioners</a>

Why You’ll Want to Know How Your Nurse Practitioner Was Trained

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/02d6d86b-d112-412f-b9e9-b1b7015d29e2/transcript

The Cost of Keeping US Steel US-Owned

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