The US has a plumber shortage. And as more and more baby boomer plumbers reach retirement, there aren’t enough young people coming in to fill the gap.

On today’s Big Take podcast, we talk to Bloomberg’s US Economy reporter Enda Curran about why there’s a shortage and what it means for America’s infrastructure and economy. Plus – we hear from Chris Biondi, a plumber struggling to clear the way for future generations in the industry.

The US has a plumber shortage. And as more and more baby boomer plumbers reach retirement, there aren’t enough young people coming in to fill the gap.
On today’s Big Take podcast, we talk to Bloomberg’s US Economy reporter Enda Curran about why there’s a shortage and what it means for America’s infrastructure and economy. Plus – we hear from Chris Biondi, a plumber struggling to clear the way for future generations in the industry.

Each weekday, Big Take brings you a story - one big, important story. We talk to Bloomberg journalists around the world, experts and the people at the center of the news to help you understand what's happening, what it means and why it matters. Money, politics, the economy and business, energy, the environment, technology - we cover it all.

Each weekday, Big Take brings you a story - one big, important story. We talk to Bloomberg journalists around the world, experts and the people at the center of the news to help you understand what's happening, what it means and why it matters. Money, politics, the economy and business, energy, the environment, technology - we cover it all.

Big Take

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.

The Plumber Shortage Clogging Up the US Economy

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/07790284-ce06-4416-b875-b134014c7156/transcript

Tim Cook picked up the mantle from Steve Jobs as CEO of Apple over a decade ago and grew it into a multi-trillion dollar company. Now, as Cook nears traditional retirement age, speculation abounds about who will succeed him. 

Bloomberg’s Mark Gurman joins host David Gura to discuss the challenges of replacing Cook, his potential successors and how that decision will impact one of the best-known brands in the world. 

Read more: Tim Cook Can't Run Apple Forever. Who's Next?

Tim Cook picked up the mantle from Steve Jobs as CEO of Apple over a decade ago and grew it into a multi-trillion dollar company. Now, as Cook nears traditional retirement age, speculation abounds about who will succeed him. 
Bloomberg’s Mark Gurman joins host David Gura to discuss the challenges of replacing Cook, his potential successors and how that decision will impact one of the best-known brands in the world. 
Read more: <a href="https://www.bloomberg.com/news/articles/2024-05-08/apple-s-next-ceo-list-of-aapl-insiders-who-could-succeed-tim-cook">Tim Cook Can't Run Apple Forever. Who's Next?</a>

Tim Cook Won’t Be Apple CEO Forever. Who’s Next?

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/dc6bae50-84ca-4d11-9a24-b16a0157b347/transcript

“Buy Now, Pay Later” options have exploded in popularity and availability, and in the midst of stubborn inflation, Americans are even using them to buy essentials like groceries.

But not all of the BNPL providers report data like credit card companies — and no one knows exactly how much debt consumers owe.

On today’s episode, host Sarah Holder talks to reporters Paulina Cachero and Paige Smith, who tried to find out more about the size and scope of the debt.

“Buy Now, Pay Later” options have exploded in popularity and availability, and in the midst of stubborn inflation, Americans are even using them to buy essentials like groceries.
But not all of the BNPL providers report data like credit card companies — and no one knows exactly how much debt consumers owe.
On today’s episode, host Sarah Holder talks to reporters Paulina Cachero and Paige Smith, who tried to find out more about the size and scope of the debt.

Americans Are Spending Billions With ‘Buy Now, Pay Later’

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/9bc6f9ee-82bc-40e8-8edd-b1690175f0a7/transcript

Bill Hwang amassed a fortune of $36 billion on Wall Street through his family office, Archegos Capital Management. But over the course of one week in 2021, the firm imploded. Federal prosecutors have since charged Hwang with 11 criminal counts, including securities fraud, wire fraud and racketeering.

Today, Bloomberg’s Sridhar Natarajan and Kathy Burton join host David Gura to discuss Hwang’s rise and fall and why his trial promises to be one of the biggest, and most interesting, in the history of Wall Street.

Bill Hwang amassed a fortune of $36 billion on Wall Street through his family office, Archegos Capital Management. But over the course of one week in 2021, the firm imploded. Federal prosecutors have since charged Hwang with 11 criminal counts, including securities fraud, wire fraud and racketeering.
Today, Bloomberg’s Sridhar Natarajan and Kathy Burton join host David Gura to discuss Hwang’s rise and fall and why his trial promises to be one of the biggest, and most interesting, in the history of Wall Street.

The Man Who Lost $36 Billion in a Week

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/79a963d0-5e10-4ea3-bc69-b168014561e6/transcript

The Plumber Shortage Clogging Up the US Economy

Big Take

In 1 playlist(s)

Big Take

Social links

Follow podcast

Recent clips