Big Take

Jane Street just eclipsed Goldman Sachs and JPMorgan as the biggest trading house on Wall Street. It pulled in nearly $40 billion in trading revenue in 2025. And it’s so enigmatic that to the outside world, it’s unclear who’s even in charge.
On today’s Big Take podcast, David Gura talks to finance reporters Max Abelson and Katherine Doherty on their reporting on who’s calling the shots at the firm and why it matters to global markets.
Read more: Who’s Who at Jane Street
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Host: David Gura; Guests: Max Abelson and Katherine Doherty; Produced by David Fox; Edited by Jeffrey Grocott; Engineering by Sean Carter.
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Ultra-wealthy individuals in the UK have been fleeing the country, after sweeping Labour Party tax reforms led to a crackdown on overseas wealth. For the first time, new data from the Bloomberg Billionaires Index reveals just how much money is at stake with the exodus.
On today’s Big Take podcast, host Sarah Holder talks to Bloomberg’s Benjamin Stupples about the UK’s $160 billion problem and the impact it could have on Britain’s economy.
Read more:
London Takes a Hit as Super Rich Worth $160 Billion Exit UK
“Taxation and Migration by the Super-Rich” (2025 CESifo Working Paper)
Bloomberg Billionaires Index
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Host: Sarah Holder; Guest: Benjamin Stupples; Produced by Julia Press, Julia Weaver; Edited by Paddy Hirsch, Aaron Edwards; Engineering by Emma Munger.
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President Trump is campaigning in Texas on Wednesday, rallying voters in a state that’s long been a Republican stronghold. His efforts in traditionally red states around the country show how surprisingly close many of these midterm races have become — and the outcome will determine if Trump’s party can hold onto the Senate and advance his agenda for the next two years.
On today’s Big Take podcast, Texas bureau chief Julie Fine and Washington correspondent Josh Wingrove join host Sarah Holder to break down the ultra-expensive, surprisingly competitive Texas Senate race and what it would mean for Trump’s presidency if he loses the Lone Star state.
Further Listening:
Can $700 Million Buy Republicans the US Senate?
Europe’s Debt Problem Is Back
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Host: Sarah Holder; Guests: Julie Fine, Josh Wingrove; Produced by David Fox, Julia Press; Edited by Naomi Shavin; Engineering by Sean Carter.
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Beyond software and chips, the AI boom relies on good old-fashioned manufacturing of essential components – a skill that has made a new class of people very, very rich.
On today’s Big Take Asia podcast, host Oanh Ha talks with Bloomberg reporter Cindy Wang and Opinion columnist Catherine Thorbecke about how nimble producers—think toilet manufacturers and furniture makers—pivoted to this booming industry, and the risks of concentrating too much AI manufacturing in one part of the world.
Read more: ‘Like It’s Raining Gold’: The AI Boom’s Unexpected Billionaires
Bloomberg Billionaires Index: 500 of the World’s Richest People
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Hosted by K. Oanh Ha; Guests: Cindy Wang, Catherine Thorbecke; Produced by Naomi Ng and Yang Yang; Edited by Crispina Robert and Paddy Hirsch Engineering by Greg Tock.
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Bond yields are climbing from the US to Japan — pushing up borrowing costs and putting fresh stress on governments, markets and consumers. In France, that strain could deepen into a broader crisis for the euro zone.
On today’s episode, Bloomberg Opinion columnist John Authers and Navy Federal Credit Union Chief Economist Heather Long join Sarah Holder to discuss what’s driving the rise in yields, how long they could stay elevated and what lessons the Greek debt crisis might hold for France.
Read more:
Could Bond Yields Break the Stock Market?
Soaring Yields Find Europe’s Weak Spot
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: Sarah Holder; Guests: John Authers, Heather Long; Produced by Julia Press, David Fox; Edited by Tracey Samuelson, Jeffrey Grocott; Engineering by Emma Munger.
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