Everybody's Business

This week Federal Reserve Chair Jerome Powell had a message for the nation, and President Donald Trump: intimidation has no place at the Central Bank. Stacey sits down with former Fed Chair and Treasury Secretary Janet Yellen to talk about why this is such a dangerous moment in history and why Powell's two-minute video was so important.

Then Bloomberg reporter Ashley Carman joins Max and Stacey in the studio to discuss what Spotify...

Back in the 1970s, Venezuelans became famous for their glamorous one-day shopping trips to Miami. "Ta barato, dame dos," the saying went. "That's cheap. I'll take two." Nowadays, the bolivar has lost practically all its value. Max and Stacey are joined by David Papadopoulos to understand what exactly went wrong with the Venezuelan economy. How did the country go from being stable and wealthy to experiencing runaway inflation and ra...

Businessweek editor Brad Stone joins Max and Stacey to talk about what we could expect from the new year. Leaving such a banner year for odd stories in the rearview mirror, 2026 is bound to include a lot of surprises.

Will the imperial presidency continue or fizzle out? Will the AI bubble keep growing or pop? What economic indicators are worth watching? Is there a hot new office trend on the horizon? The agenda is packed.

In additi...

How does one recap 2025? A herculean task by all accounts. In this episode, Max and Stacey collects the best and brightest in business podcasting to see if they can help make sense of yet another norm breaking year. Joining in the studio are Odd Lots' Tracy Alloway, Slate Money's Felix Salmon and Planet Money's Robert Smith. Together, the quintet covers a year full of feuds, CEO tweets, flubs, big personalities and, of course, numb...

This week, we talk about two of the biggest economic stories of 2025: Buy Now Pay Later and $Trump.

First, Amanda Mull stops by to discuss BNPL: why its on the rise, how people use it, potential pitfalls and how it's different than just paying with a credit card.

Then, Zeke Faux goes through the implausible story of $Trump - the Donald Trump meme coin launched just a few days before the 2025 ...

This week we take a look at Trump's latest AI gambit: letting Nvidia sell their AI chips to China. Will this move help feed AI's growth or is it just another step towards making the bubble all the more explosive when it pops? The Verge's Nilay Patel joins Max and Stacey to get to the bottom of this.

Also on this show, Lucas Shaw goes through the ins-and-outs of the complicated fight over Warner Bros. Will Netflix succeed in their b...

We here at Everybody’s Business are big fans of our colleagues and friends over at Big Take, Bloomberg’s daily news podcast. So when they released an episode with our very own Max Chafkin, we can’t resist to share it. Please enjoy, and hop on over to subscribe to their feed if you like what you hear!

Live from the stage at our Dec. 4 event at Bloomberg’s headquarters in New York, Ellen Huet joins Max and Stacey to talk about her recent story on chatbot delusion. As people’s lives get increasingly entangled with AI, cases of intense human-bot connections breaking up families, businesses, and even pushing people to question their own sanity is raising with an alarming rate. They also discuss Huet's recent book&nb...

To celebrate Black Friday, this week’s Everybody’s Business is all about two staples of this unofficial US holiday: commerce and football. First, New York Times’ Ken Belson sits down with Max and Stacey to discuss his new book Every Day Is Sunday: How Jerry Jones, Robert Kraft, and Roger Goodell Turned the NFL into a Cultural & Economic Juggernaut. Belson explains how the ...

Reporter Max Abelson gives Stacey and Max a primer on the business dealings of disgraced financier and convicted sex offender Jeffery Epstein. Abelson has sifted through thousands of emails to and from Epstein and explains to Max and Stacey what Epstein's business dealings, both legal and unlawful, really was. He also describes why - 20 years into a career of reporting on money and power - he is taken aback of the cruelty involved.

As the government reopens, the Trump administration introduces a new solution to the American housing crisis—the 50 year mortgage. The idea is getting hammered from the right and the left alike but gets support from at least one person: economist and Bloomberg Opinion contributor Allison Schrager. Can this new concept take some pressure off of struggling first-time homebuyers or will it be yet another white whale in an increa...

Matt Yglesias, author of the Slow Boring newsletter, sits down with Max and Stacey to discuss the recent string of Democratic victories in US elections. The most remarkable happened in New York City, where Democratic socialist Mayor-Elect Zohran Mamdani will soon be in charge of one of the global capitals of capitalism. Will Mamdani be able to go through with his ambitious agenda or will he soon realize - like many b...

Max and Stacey are joined by Leo Feler, an economist with a unique perspective on the Trump administration’s immigration and deportation policies. During a  recent renovation project, Feler’s property was raided by federal agents looking to detain workers they believed were in the country illegally. Feler recounts the dramatic incident and explains how raids like these could have a chilling effect on the US economy...

Kyla Scanlon visits the studio armed with her three most pressing indicators of the state of the economy. What do we make of all those auto loan defaults? Is Jamie Dimon’s new $3 billion “fortress” a harbinger of fundamental changes in the labor market? And why does an economically anxious population keep on spending? Lots to discuss.

Max and Stacey also sit down with David Papadopoulos to talk about the forthcomi...

Make sense of the world with one essential conversation, every week. Mishal Husain, one of Britain's best interviewers, brings her signature blend of curiosity and tenacity to weekly conversations with world leaders, business titans, and cultural icons, revealing who they really are and how they see the world changing around them.

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This week we hear from Domer - a longtime prediction markets junky who has placed more than $400 million worth of bets using Polymarket. At any point he might have 1,000 or more bets on prediction market sites, ranging from wagers of a few thousand dollars to as much as $1 million, roughly the sum he put on Taylor Swift’s new album sales.

Plus, Bloomberg Businessweek columnist Amanda Mull...

Polymarket is a strange place. You can bet on the price of Ethereum, whether Russia and Ukraine will agree to a ceasefire this year or who the next French prime minister will be. As silly as this might sound, Polymarket is worth $8 billion, according to an investment by the owner of the New York Stock Exchange.

This deal comes on the heels of the new partnership between the Chicago Mercantile Exchange and sports...

The federal government shut down on Wednesday, which in the near-term probably sounds worse than it is. Yes, 750,000 workers are expected to be furloughed and yes, certain functions including visitor centers at national monuments and the release of economic data will pause. But functions deemed “essential” are continuing: mail is still being delivered, courts are still open, airport security continues and anim...

This year came with a promising start for Argentina. Inflation seemed under control, investment was coming back, double-digit poverty was (according to the government) beginning to fall and President Javier Milei—the chainsaw wielding, leather jacket-wearing, self-described libertarian—was being hailed by supporters as a tough-love leader bringing the country’s economy back from crisis. Milei also b...