Energy prices are up — and President Trump is out of time to bring them down before the US midterm elections. 

On today’s Big Take podcast, David Gura breaks down the factors keeping prices high and how much it could cost the Republican party with White House reporter Josh Wingrove and Will Kubzansky, who covers gasoline, diesel and jet fuel. 

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

Host: David Gura; Guests: Josh Wingrove and Will Kubzansky; Produced by Julia Press, David Fox, Julia Weaver; Edited by Naomi Shavin; Engineering by Sean Carter.

Energy prices are up &mdash; and President Trump is out of time to bring them down before the US midterm elections.&nbsp;
On today&rsquo;s Big Take podcast, David Gura breaks down the factors keeping prices high and how much it could cost the Republican party with White House reporter Josh Wingrove and Will Kubzansky, who covers gasoline, diesel and jet fuel.&nbsp; 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: Josh Wingrove and Will Kubzansky; Produced by Julia Press, David Fox, Julia Weaver; Edited by Naomi Shavin; Engineering by Sean Carter.

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 Diesel Midterms

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/7e3a8235-b060-434c-8a46-b4e301524469/transcript

When millions of retail investors piled into India’s options market to get rich quick, losses mounted and regulators launched a sweeping crackdown. 

On today’s Big Take Asia podcast, guest host Rebecca Choong Wilkins and India equities reporter Savio Shetty break down how the world’s largest options market unraveled, why regulators are struggling to police the country’s latest craze and where traders are placing their bets now. 

Read more: How India Built (and Broke) the World’s Biggest Options Casino

Further listening: Inside Jane Street: The Enigmatic Firm That Rules Wall Street

Watch, from Originals: How India's Day Retail Traders Lost Billions

Host: Rebecca Choong Wilkins; Guest: Savio Shetty; Produced by Naomi Ng and Yang Yang; Edited by Crispina Robert and Julia Weaver. Engineering by Sean Carter II.

When millions of retail investors piled into India&rsquo;s options market to get rich quick, losses mounted and regulators launched a sweeping crackdown.&nbsp;
On today&rsquo;s Big Take Asia podcast, guest host Rebecca Choong Wilkins and India equities reporter Savio Shetty break down how the world&rsquo;s largest options market unraveled, why regulators are struggling to police the country&rsquo;s latest craze and where traders are placing their bets now.&nbsp;
Read more: <a href="https://www.bloomberg.com/features/2026-india-options-market-boom-bust-sebi/">How India Built (and Broke) the World&rsquo;s Biggest Options Casino </a>Further listening: <a href="https://podcasts.apple.com/us/podcast/inside-jane-street-the-enigmatic-firm-that-rules-wall/id1578096201?i=1000794526052">Inside Jane Street: The Enigmatic Firm That Rules Wall Street</a>
Watch, from Originals:&nbsp;<a href="https://www.youtube.com/watch?v=cndVRiZ9Pdc">How India's Day Retail Traders Lost Billions</a>
Host: Rebecca Choong Wilkins; Guest: Savio Shetty; Produced by Naomi Ng and Yang Yang; Edited by Crispina Robert and Julia Weaver.&nbsp;Engineering by Sean Carter II.

How India’s Day Traders Broke the World’s Biggest Options Market

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/02064fda-9c48-4a2a-bf95-b4e2015376e8/transcript

The AI infrastructure boom is funded by a complex web of investments, as tech companies pour money into one another and foreign investors funnel still more cash into the industry. That flow of foreign money is also creating global imbalances — and flashbacks to the run-up to the 2008 financial crisis.

On today’s Big Take podcast, Bloomberg’s Shawn Donnan and Bloomberg Economics’ Tom Orlik join David Gura on the AI industry’s global money machine: how it works and what risks it could pose to the global economy if the AI trade doesn’t deliver fast enough. 

Read more:
AI’s Giant Money Loop Is Drawing Foreign Cash Like 2008
National Bureau of Economic Research: Financing the AI Buildout

View profiles for each of the world’s 500 richest people, see the biggest movers, and compare fortunes or track returns on the Bloomberg Billionaires Index.

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

Host: David Gura; Guests: Shawn Donnan and Tom Orlik; Produced by David Fox, Brunella Tipismana Urbano; Edited by Tracey Samuelson; Engineering by Emma Munger.

The AI infrastructure boom is funded by a complex web of investments, as tech companies pour money into one another and foreign investors funnel still more cash into the industry. That flow of foreign money is also creating global imbalances &mdash; and flashbacks to the run-up to the 2008 financial crisis.
On today&rsquo;s Big Take podcast, Bloomberg&rsquo;s Shawn Donnan and Bloomberg Economics&rsquo; Tom Orlik join David Gura on the AI industry&rsquo;s global money machine: how it works and what risks it could pose to the global economy if the AI trade doesn&rsquo;t deliver fast enough.&nbsp;
Read more:
<ul>
<li><a href="https://www.bloomberg.com/news/features/2026-10-12/how-the-ai-boom-is-fueling-global-financial-risks?srnd=phx-bigtake">AI&rsquo;s Giant Money Loop Is Drawing Foreign Cash Like 2008</a></li>
<li>National Bureau of Economic Research:&nbsp;<a href="https://www.nber.org/papers/w35865">Financing the AI Buildout</a></li>
</ul>
View<a href="https://www.bloomberg.com/billionaires/profiles/elon-r-musk/"> profiles</a> for each of the world&rsquo;s<a href="https://www.bloomberg.com/billionaires/"> 500 richest people</a>, see the<a href="https://www.bloomberg.com/billionaires/movers/"> biggest movers</a>, and compare<a href="https://www.bloomberg.com/billionaires/compare-individuals/"> fortunes</a> or track<a href="https://www.bloomberg.com/billionaires/compare-groups/"> returns</a> on the Bloomberg Billionaires Index.
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: Shawn Donnan and Tom Orlik; Produced by David Fox, Brunella Tipismana Urbano; Edited by Tracey Samuelson; Engineering by Emma Munger.

AI’s Giant Money Loop Is Feeling Very 2008

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/440d7216-9fb3-43dd-8269-b4e1014d0f71/transcript

As US journalist Azadeh Moaveni was writing her latest book, ‘The East Wing’, a history of America's first ladies and their staff, President Donald Trump’s demolition of that very part of the White House was underway. 

Moaveni presents her book as a “parallel women’s history,” tracing how the wives of US presidents, including Melania Trump, who traditionally had offices in the now-vanished annex, helped shape alliances at home and abroad.

 

As US journalist Azadeh Moaveni was writing her latest book, &lsquo;The East Wing&rsquo;, a history of America's first ladies and their staff, President Donald Trump&rsquo;s demolition of that very part of the White House was underway.&nbsp;
Moaveni presents her book as a &ldquo;parallel women&rsquo;s history,&rdquo; tracing how the wives of US presidents, including Melania Trump, who traditionally had offices in the now-vanished annex, helped shape alliances at home and abroad.
&nbsp;

Weekend Listen: In Defense of Melania

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/10e449f1-4055-421d-a814-b4e000ca2f50/transcript

The Diesel Midterms

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