Iran attacked Israel for the second time in five months Tuesday, with a volley of missiles coming hours after Israel launched a ground incursion into Lebanon. 

Today on the Big Take, Bloomberg’s Dan Williams, a reporter in Bloomberg’s Jerusalem bureau, and Joumanna Bercetche in Dubai join host David Gura to talk about the latest on the Middle East and what that means for the region – and the US.

Iran attacked Israel for the second time in five months Tuesday, with a volley of missiles coming hours after Israel launched a ground incursion into Lebanon. 
Today on the Big Take, Bloomberg’s Dan Williams, a reporter in Bloomberg’s Jerusalem bureau, and Joumanna Bercetche in Dubai join host David Gura to talk about the latest on the Middle East and what that means for the region – and the US.

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 Escalating Conflict in the Middle East

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/3c0ac02a-78da-48ee-81f1-b1fc017e45b9/transcript

American pharma giants are increasingly turning to Chinese labs to discover, test and develop cutting-edge drugs.

On the Big Take Asia podcast, Bloomberg’s Amber Tong and Robert Langreth join Oanh Ha to break down why global drugmakers are sourcing their next big breakthroughs from China — and what that means for US biotech dominance.

Read more: Big Pharma Is Hooked on Chinese Licensing Deals

Hosted by K. Oanh Ha; Produced by Naomi Ng and David Fox; Guests: Amber Tong and Robert Langreth; Edited by Paddy Hirsch and Crispina Robert.

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

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

American pharma giants are increasingly turning to Chinese labs to discover, test and develop cutting-edge drugs.
On the Big Take Asia podcast, Bloomberg&rsquo;s Amber Tong and Robert Langreth join Oanh Ha to break down why global drugmakers are sourcing their next big breakthroughs from China &mdash; and what that means for US biotech dominance.
Read more: <a href="https://www.bloomberg.com/news/articles/2026-08-19/china-drug-deals-keep-luring-us-pharma-despite-pressure-in-washington?srnd=undefined">Big Pharma Is Hooked on Chinese Licensing Deals</a>
Hosted by K. Oanh Ha; Produced by Naomi Ng and David Fox; Guests: Amber Tong and Robert Langreth; Edited by Paddy Hirsch and Crispina Robert.
Fact-checking by Brunella Tipismana Urbano; Engineering by Alex Suguira.
Senior Producer: Naomi Shavin; Deputy Executive Producer: Julia Weaver. Executive Producer: Nicole Beemsterboer.

Big Pharma Needs New Drugs. China Has Them

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/71bba0aa-d95f-4764-bc49-b4c90142c238/transcript

It’s been a big week for central banks around the world. Yet among the flurry of rate decisions, the Bank of Japan’s move stands out. After decades of near-zero interest rates, policymakers are betting Japan’s economy is finally returning to something closer to normal.

On today’s Big Take Podcast, K. Oanh Ha and Bloomberg’s Paul Jackson explore why the Bank of Japan is hiking rates at its fastest pace in decades, what the shift means for the yen carry trade and how Japan’s policy moves could ripple across global markets.

Read more: BOJ Hikes at Fastest Pace Since 1990 After Bessent’s Calls

Hosted by K. Oanh Ha and David Gura; Guest: Paul Jackson; Produced by Naomi Ng, Julia Press and David Fox; Edited by Crispina Robert and Paddy Hirsch. Engineering by Sean Carter.

It&rsquo;s been a big week for central banks around the world. Yet among the flurry of rate decisions, the Bank of Japan&rsquo;s move stands out. After decades of near-zero interest rates, policymakers are betting Japan&rsquo;s economy is finally returning to something closer to normal.
On today&rsquo;s Big Take Podcast, K. Oanh Ha and Bloomberg&rsquo;s Paul Jackson explore why the Bank of Japan is hiking rates at its fastest pace in decades, what the shift means for the yen carry trade and how Japan&rsquo;s policy moves could ripple across global markets.
Read more:&nbsp;<a href="https://www.bloomberg.com/news/articles/2026-09-18/boj-hikes-rates-at-fastest-pace-since-1990-as-inflation-persists">BOJ Hikes at Fastest Pace Since 1990 After Bessent&rsquo;s Calls</a>
Hosted by K. Oanh Ha and David Gura; Guest: Paul Jackson; Produced by Naomi Ng, Julia Press and David Fox; Edited by Crispina Robert and Paddy Hirsch. Engineering by Sean Carter.

Japan Hikes Rates, Reshaping Carry Trade

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/5121b7e2-3ff5-4192-9ed7-b4c9015a7a47/transcript

The “working class” in America used to conjure a vivid image: factory workers, blue-collar jobs and a political coalition born out of the Industrial Revolution. But as Republicans and Democrats try to court voters ahead of midterms, a question keeps coming up: What is the working class today?

On today’s Big Take podcast, host Sarah Holder talks to Bloomberg Opinion columnist Allison Schrager, labor activist Bertha “Mama Cookie” Bradley and Distinguished Professor of Law Joan C. Williams about the moving target of defining and catering policy to working Americans.

Read more: Nobody Knows What ‘Working Class’ Even Means Anymore


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

Hosted by Sarah Holder; Guests: Allison Schrager, Joan C. Williams, Bertha “Mama Cookie” Bradley; Produced by Rachael Lewis-Krisky and Brunella Tipismana Urbano; Edited by Aaron Edwards. Engineering by Emma Munger.

The &ldquo;working class&rdquo; in America used to conjure a vivid image: factory workers, blue-collar jobs and a political coalition born out of the Industrial Revolution. But as Republicans and Democrats try to court voters ahead of midterms, a question keeps coming up: What is the working class today?
On today&rsquo;s Big Take podcast, host Sarah Holder talks to Bloomberg Opinion columnist Allison Schrager, labor activist Bertha &ldquo;Mama Cookie&rdquo; Bradley and Distinguished Professor of Law Joan C. Williams about the moving target of defining and catering policy to working Americans.
Read more: <a href="https://www.bloomberg.com/opinion/articles/2026-05-29/graham-platner-doesn-t-know-what-working-class-means-nobody-does">Nobody Knows What &lsquo;Working Class&rsquo; Even Means Anymore </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 Sarah Holder; Guests: Allison Schrager, Joan C. Williams, Bertha &ldquo;Mama Cookie&rdquo; Bradley; Produced by Rachael Lewis-Krisky and Brunella Tipismana Urbano; Edited by Aaron Edwards. Engineering by Emma Munger.

Most Americans Say They’re Working Class. Are They?

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/35180082-1cef-4800-920d-b4c8014a9ad3/transcript

The Escalating Conflict in the Middle East

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