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America’s ‘Debt Spiral’ Is Nearing a Critical Threshold
When the US borrows money, just like any borrower, it needs to pay its loans back with interest.
The national debt right now is $34 trillion and risin…
2 years, 1 month ago
The Brutal Crime Crackdown Taking Hold Across Latin America
Nayib Bukele has brought violent criminal gangs to a heel in El Salvador, transforming the country into one of the safest in Latin America. That’s ma…
2 years, 1 month ago
Why Wind Farms Are Paid Millions to Turn Off
The UK is in the midst of a green energy transformation, with more than 40% of its electricity coming from wind power as of December. But wind can be…
2 years, 1 month ago
A New Era for Microsoft, Activision — And for Gaming
Microsoft recently cut 1,900 jobs from its gaming division and among the layoffs were many at the recently acquired video game developer Activision B…
2 years, 1 month ago
Shawn Fain Takes On the EV Industry and the Election
United Auto Workers President Shawn Fain has been in the news almost nonstop for successfully negotiating a new contract for union members and, most …
2 years, 1 month ago
Economists May Be Using Bad Data to Make Big Decisions
Bloomberg’s Big Take DC podcast looks into how the US managed to avoid a recession — and whether the Federal Reserve’s decisions were based on reliab…
2 years, 1 month ago
The Pharmaceutical Rivalry Behind the Weight-Loss Drug Boom
The multi-billion dollar weight-loss drug market has ballooned in the past few years. And the two pharmaceutical companies currently duking it out fo…
2 years, 1 month ago
The Stock Market’s Historic Rally, Explained
The S&P 500 closed at a record high on Jan. 19, for the first time in two years. It was the start of a winning streak. In today’s Big Take episode, B…
2 years, 1 month ago
Houthi Attacks in the Red Sea Hit the Global Supply Chain
For two months, Houthi militants have been launching surprise attacks on civilian ships in the Red Sea. Repeated rounds of retaliatory strikes by the…
2 years, 1 month ago
How Israel’s War in Gaza Is Hurting Its Own Economy
Over the last few decades, Israel has transformed itself from a relatively poor agrarian economy to a global startup haven. Its per capita GDP now ex…
2 years, 1 month ago