Big Take

New Yorkers turned out by the thousands on Thursday to celebrate the Knicks’ first NBA Finals victory in 53 years. But Jalen Brunson and co. weren’t the only big winners.
On today’s Big Take podcast, Jason Kelly – host of Bloomberg’s The Deal With Alex Rodriguez and Jason Kelly – and business of sports reporter Randall Williams tell Sarah Holder about the business side of the most-watched NBA finals since 1998, and how the series bolstered the fortunes of everyone from merch sellers and New York bars to, of course, the NBA itself.
Read more: NY Knicks Fans Pay $950 to Hold Spots at Free Parade
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Hosted by Sarah Holder; Produced by Rachael Lewis-Krisky with assistance from Victor Swezey; Reported by Jason Kelly and Randall Williams; Edited by Jeffrey Grocott.
Fact-checking by Laura Newcombe and Victor Swezey; Engineering by Emma Munger.
Senior Producer: Naomi Shavin; Deputy Executive Producer: Julia Weaver. Executive Producer: Nicole Beemsterboer.
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The US Federal Reserve left interest rates unchanged in their first meeting under new Chairman Kevin Warsh today. The policy makers were split on whether they expect to raise rates this year, and Warsh himself declined to submit a forecast.
Warsh also held his first, highly anticipated press conference. Bloomberg’s Enda Curran was there and joins host David Gura to talk through big changes at the US Federal Reserve.
Read more: The Fed’s New Dot Plot After Its June Policy Meeting
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Hosted by David Gura; Produced by Julia Press and Rachael Lewis-Krisky; Reported by Enda Curran; Edited by Jeffrey Grocott.
Fact-checking by Laura Newcombe and Victor Swezey; Engineering by Alex Sugiura.
Senior Producer: Naomi Shavin; Deputy Executive Producer: Julia Weaver. Executive Producer: Nicole Beemsterboer.
See omnystudio.com/listener for privacy information.

An interim deal to reopen the Strait of Hormuz offers relief, but Asia’s economic woes are far from over. Beyond the chokepoint, the conflict has forced long-lasting shifts in Asia’s food and energy flows.
On today’s Big Take Asia podcast, Oanh Ha joins Odd Lots co-hosts Tracy Alloway and Joe Weisenthal to discuss why Asia is reeling from the conflict and what the “new normal” looks like for global supply chains.

Hosted by Oanh Ha; Produced by Yang Yang; Reported by Tracy Alloway, Joe Weisenthal; Edited by Patrick Hirsch, Julia Weaver.
Fact-checking by Laura Newcombe; Engineering by Taka Yasuzawa.
Senior Producer: Naomi Shavin; Deputy Executive Producer: Julia Weaver. Executive Producer: Nicole Beemsterboer.
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After nearly four months of fighting, the US and Iran have declared a memorandum of understanding aimed at halting hostilities between the two sides and reopening the Strait of Hormuz. Oil fell and stocks rose on the announcement that the conflict could soon be over, but a lack of details and ongoing fighting between Israel and Iran’s proxies in Lebanon have left many wondering if this is just a temporary reprieve.
On today’s Big Take podcast, Sarah Holder and Bloomberg National Security Editor Nick Wadhams look at what each side wants in a deal, how Israel fits into the equation and what to watch for ahead of the formal signing on June 19 in Switzerland.
Read more: Netanyahu Pays the Political Price for Iran Gambit With Trump
We have a special Bloomberg subscription offer for podcast listeners at Bloomberg.com/podcastoffer.
Hosted by Sarah Holder; Produced by Rachael Lewis-Krisky; Reported by Nick Wadhams; Edited by Jeffrey Grocott.
Fact-checking by Laura Newcombe, Julia Press and Victor Swezey; Engineering by Alex Sugiura.
Senior Producer: Naomi Shavin; Deputy Executive Producer: Julia Weaver. Executive Producer: Nicole Beemsterboer.
See omnystudio.com/listener for privacy information.

Almost a century after the Wall Street crash of 1929, Andrew Ross Sorkin says he believes some of its most dangerous ingredients are reappearing. Joining Stephanie Flanders on Trumponomics, the financial journalist and author of 1929: Inside the Greatest Crash in Wall Street History argues that today’s market is filled with “eerie parallels” to the late 1920s. These include a transformative new technology, a flood of retail investors and a growing willingness to loosen the rules.
See omnystudio.com/listener for privacy information.