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Economics

Benchmark

Bloomberg News

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A weekly podcast that examines the inner workings of the global economy.
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India: All Growth, No Jobs

29:43 | Jun 27th

This week we focus on the two giants of the global economy: China and India. At first glance, China seems to be shrugging off the effects of U.S. tariffs, but Bloomberg economists looked closer and found that Chinese exports to the US in 1,000s of pr...Show More
Is Populism the End or Salvation of Liberal Democracy?

30:42 | Jul 4th

This week we bring you a special conversation between host Stephanie Flanders and Financial Times columnist Martin Wolf. They try to make sense of the rise in populism in recent years, what it means for the global economy, and whether it spells the e...Show More
Draghi and Diversity

32:45 | Jun 20th

European Central Bank President Mario Draghi earned the ire of Donald Trump this week with his farewell speech at a major annual conference. Editor Paul Gordon was there at the prestigious gathering in Sintra, Portugal, and breaks down Draghi's comme...Show More
A Nobelist on the Future of Work

27:29 | Jun 13th

Workers around the globe are in for a shock in coming decades as automation transforms the workplace and maybe destroys their jobs. But for Nobel-winning economist Christopher Pissarides, it's not all dismal. Host Stephanie Flanders has an extended t...Show More
Four Days a Week

30:20 | Jun 6th

If you live in the U.K., your workweek could soon be a day shorter if the political winds tilt more heavily toward the left. Jess Shankleman reports on how the proposal is gaining momentum and how it might affect Britain, then Bloomberg Opinion colum...Show More
Trade War Footing

31:55 | May 30th

On this week's episode, former Obama administration official Wendy Cutler draws on her deep experience as a trade negotiator to offer her views on the tariff standoff between the U.S. and China. Guest host Tom Orlik, Bloomberg's chief economist, also...Show More
Bloomberg Presents "What Goes Up"

30:31 | May 29th

“What Goes Up” is a new show from Bloomberg that tracks the main themes influencing global markets. Hosts Sarah Ponczek and Mike Regan speak with guests about the wildest movements in markets and what they mean for your investments. The show is out n...Show More
Bloomberg and Wondery Present: The Shrink Next Door

12:16 | May 24th

Marty Markowitz had his share of problems. His parents had recently died. He had troubles at work. A failing relationship. He needed someone to help him through this rough patch in his life. So he decided to get some professional help from a psychiat...Show More
The Streak Down Under

28:29 | May 23rd

The longest economic expansion in the developed world may not be much longer for this world -- and that fear helped drive the shock election result in Australia last week. In the country where GDP has been growing for an amazing almost 28 years, Bloo...Show More
Reinventing Germany's Economy

29:33 | May 16th

Germany's engineering prowess has driven the nation's economic success for decades. Now that model is being questioned thanks to rising protectionism, slowing global growth, new technologies and Germany's own underinvestment in its infrastructure. Bl...Show More
China's Millennials Are Changing the World

30:25 | May 9th

Where are there more millennials than in North America, Europe and the Middle East combined, who are vastly different from their parents' generation? China, of course. Kevin Hamlin reports on how these young people are redefining the world's second-b...Show More
Introducing: Business of Bees

03:06 | May 8th

These days about one in three bites of food you eat wouldn’t be possible without commercial bee pollination. And the economic value of insect pollination worldwide is estimated to be about $217 billion. But as important as bees have become for farmin...Show More
Can't Stop, Won't Stop (Working)

28:51 | May 2nd

Many older Americans are living longer and are happy to keep working. Others can't afford to retire. Those are just a couple of the reasons why people over age 65 are swelling the ranks of U.S. employees in recent decades. On this week's episode of S...Show More
Can Free Markets Revive Brazil?

30:56 | Apr 25th

Will a dose of free-market policies -- from a populist politician, no less -- finally bring Latin America's biggest economy back to life? On this week's episode of Stephanomics, Bruce Douglas visits the region's busiest port to get a taste of what's ...Show More
Can Technology Actually Save Jobs?

28:18 | Apr 18th

Of the many forces driving the wave of hiring across the U.S. in recent years, technology is typically not on the list because automation and artificial intelligence tend to be seen as job-killing rather than job-enhancing. On this week's episode of ...Show More
Introducing "What Goes Up," A New Show From Bloomberg

02:28 | Apr 17th

On this new show from Bloomberg, hosts Mike Regan and Sarah Ponczek speak with expert guests each week about the main themes influencing global markets. They explore everything from stocks to bonds to currencies and commodities, and how each asset cl...Show More
This Country Is Winning the Trade War

27:49 | Apr 11th

The trade war between the U.S. and China is taking a toll on growth in the world's two largest economies, but there's another nation where the tariff battle is producing a clear winner: Vietnam.  This week, reporters Michelle Jamrisko and Uyen Nguyen...Show More
The Fortnite Economy

28:14 | Apr 4th

Fortnite may be the biggest video-game phenomenon with more than 200 million registered players. It's also a good place to start if you want to understand globalization -- and the new directions the global economy is taking today.  In the premiere ep...Show More
Coming Soon: Stephanomics

02:21 | Mar 28th

Stephanie Flanders, Bloomberg's head of economics, takes you on location each week to bring the global economy to life. From Asia's factories to Brazil's ports and America's hospital corridors, Stephanomics delivers on-the-ground reporting from the B...Show More
A Message For Benchmark Listeners

01:42 | Mar 20th

Stephanie Flanders, Bloomberg's senior executive editor for economics, has some exciting news about what's coming in the Benchmark feed.
Introducing "Works For Me," A New Podcast From Bloomberg

03:26 | Jan 8th

On this new show from Bloomberg, hosts Francesca Levy and Rebecca Greenfield navigate the productivity industry by way of their own experiences. In each episode, one of the two becomes a human guinea pig as she tries to solve a specific work-related ...Show More
Big Data's Lens Into the U.S. Economy

29:29 | Nov 29th, 2018

Most U.S. economic data, such as jobs and consumer spending, is based not on actual data, but on surveys of Americans and businesses. What if you could look at every single purchase that people make, or peek at the bank accounts of every small busine...Show More
What Climate Change Means for the Global Economy

22:44 | Nov 22nd, 2018

Wildfires and hurricanes are causing increasing destruction, part of how climate change is reshaping economies around the world. There are also business and investment opportunities in dealing with the effects -- though you may have to think in the v...Show More
The Global Economy in 2019 and Beyond

32:44 | Nov 15th, 2018

With power-shifting elections, emerging-market turbulence and a trade war making waves, how does it all add up for the world economy in 2019? Catherine Mann, chief global economist at Citigroup, joins Benchmark for a tour of major economies including...Show More
Why The Global Labor Market Is Shrinking

24:08 | Nov 8th, 2018

Look beyond headlines on unemployment and job creation and you'll see a bigger transformation. The global market for labor was boosted for three decades by a handful of historical flukes now going into reverse. Robots everywhere, including China, wil...Show More
Travel Genius, a New Show From Bloomberg

02:35 | Nov 7th, 2018

What’s the most sure-fire way to get a flight upgrade? How can you find the best, secret local restaurants by asking just one question? What's the first thing you should do when you get into a hotel room? On Bloomberg's new podcast Travel Genius, we'...Show More
Prognosis, a New Show From Bloomberg


02:16 | Nov 2nd, 2018

Where does a medical cure come from? 100 years ago, it wasn't uncommon for scientists to test medicines by taking a dose themselves. As medical technologies get cheaper and more accessible, patients and DIY tinkerers are trying something similar—and ...Show More
Writing a Book With Paul Volcker

32:50 | Nov 1st, 2018

Paul Volcker made his mark as the inflation-defeating chairman of the Federal Reserve. Now at age 91, he's just published a new memoir called "Keeping At It." His collaborator happens to be Bloomberg Markets editor Christine Harper, who shares the in...Show More
The U.S. Economy Is Doing Great. Why Isn't Housing?

21:56 | Oct 25th, 2018

The housing market is one of the few sectors of the U.S. economy that isn't sharing in the recent pickup in growth. Purchases are slowing down, builders aren't building so much, and some people are even reluctant to post their properties for sale. Sc...Show More
Coming Soon: The New Economy

02:29 | Oct 24th, 2018

Bloomberg’s head of economics Stephanie Flanders calls on Bloomberg's worldwide network of reporters and expert commentators to cast a fresh eye on looming challenges for the world economy which affect us all.This 6 part podcast combines on the groun...Show More
Bonus: One Belt, One Road, Part 4

16:13 | Oct 23rd, 2018

In the final episode of our special series on China's Belt and Road initiative, we go to Europe to learn more about how that continent is involved with the giant infrastructure project. Bloomberg reporter Tom Mackensie takes us to a sprawling port in...Show More
Coming Soon: The ETF Story

02:22 | Oct 19th, 2018

The creation story of the first exchange-traded fund is actually the best way to understand how they work. And it's not just educational, it's entertaining. Like the PC and the MP3, the story of the creation of SPY -- which turned 30 this year -- is ...Show More
What Makes Some Emerging Markets Always Win?

20:46 | Oct 18th, 2018

Why do some emerging markets consistently succeed while others flame out? Anu Madgavkar, partner at McKinsey Global Institute, shares the secret sauce with Bloomberg Opinion's Daniel Moss.  
Kai-Fu Lee on the Great Game to Dominate Data

23:52 | Oct 11th, 2018

Don't fret too much about tariffs and trade deficits. The real competition between the U.S. and China will be in artificial intelligence and data, says Kai-Fu Lee, author of "AI Superpowers: China, Silicon Valley and the New World Order." Lee explore...Show More
Bonus: One Belt, One Road, Part 3

19:50 | Oct 9th, 2018

In the third episode of this four-part series on China's Belt and Road initiative, we look at Kenya and how Chinese investment in cargo and commuter railways between Mombasa and Nairobi is impacting economic development in the region. Bloomberg TV pr...Show More
"Best Economy" Ever? A Historian Tackles Trump's Claim

21:41 | Oct 4th, 2018

The job numbers are strong and GDP growth looks great, but is it really the "best economy" in U.S. history as President Donald Trump says? Robert Gordon, a Northwestern University professor and author of the 2016 book “The Rise and Fall of American G...Show More
Jeffrey Sachs On Making Foreign Policy Reflect Economics

27:24 | Sep 27th, 2018

For all the current strength of American economy, the country lacks the economic clout to bend the world to its liking. The U.S. lacks a foreign policy that truly reflects the shift in commercial gravity toward Asia, says Jeffrey Sachs, one of the wo...Show More
Bonus: One Belt, One Road, Part 2

17:08 | Sep 25th, 2018

In the second of this four-part series on China's Belt and Road initiative, we talk to Haslinda Amin, who hosts the second episode of Bloomberg's TV series on the initiative and has traveled extensively through Southeast and Central Asia for the proj...Show More
Brazil's Wild Election Holds Key to Region's Economy

22:39 | Sep 20th, 2018

Can South America's largest economy get any worse? It may all depend on the outcome of next month's presidential election in Brazil. The campaign has already seen its share of drama, and investors are spooked about a return to heavy government interv...Show More
How Trade War is Reshaping China

23:51 | Sep 13th, 2018

The force of the trade war unleashed by Donald Trump goes beyond peeved farmers and pricier gadgets. The entire economic model of modern corporations is up for grabs, just as China is undergoing a huge internal shift that's likely to upend supply cha...Show More
Bonus: One Belt, One Road, Part I

17:04 | Sep 10th, 2018

As a special bonus, we’re bringing Benchmark listeners the first peek at a four-part series on China’s Belt and Road Initiative. President Xi Jinping calls it the project of the century: a massive infrastructure spending program that hopes to enhance...Show More
Big Questions Are Hanging Over the Auto Industry

25:05 | Sep 6th, 2018

The auto industry is being buffeted from all sides. Consumer tastes have shifted, forcing manufacturers to retool product lines. President Donald Trump is threatening tariffs on imported autos. And the move toward electric vehicles and autonomous car...Show More
How Economics Shaped The End of WWII

22:34 | Aug 30th, 2018

Economic divisions in the U.S. brought an end to World War II as much as the atomic bombs. On the anniversary of Japan's surrender, historian Marc Gallicchio explains how bitter fights between business, unions and Congress marred the final months of ...Show More
Americans Get Lots of Government Money, And They Still Hate Washington

24:55 | Aug 23rd, 2018

Why do so many Americans ignore their hip pocket? Portions of the country where citizens are increasingly dependent on government programs, like Kentucky, have become the most conservative. This transformation in the nation's economics and politics g...Show More
What You Need to Know About Turkey's Financial Crunch

17:10 | Aug 16th, 2018

Turkey's currency plunged this month after President Donald Trump stepped up economic sanctions in a dispute over a detained pastor. It was already going downhill after the nation's leader vowed to shun the traditional playbook of dealing with soarin...Show More
Bitcoin's Big Problems

24:10 | Aug 9th, 2018

Bitcoin was recently called a combination of a bubble, a Ponzi scheme and an environmental disaster by one of the world's leading authorities on finance and economics. But underneath that sensational description, cryptocurrencies are saddled with und...Show More
We'll All Be Eating Bugs Sooner Than You Think

26:30 | Aug 2nd, 2018

It's not tastebuds or the latest fetish at trendy health food stores that's driving the boom in bug gastronomy. Broad economic forces like climate change and population growth mean insects and grubs are appearing on more menus around the world. Bloom...Show More
Alaska: Front Line in the Global Trade War

19:48 | Jul 26th, 2018

President Donald Trump's trade war is hitting a wide variety of goods produced in America, and Alaska's fisheries are caught in the crossfire. The industry has become highly dependent on ties with China, thanks to shipments that head there for proces...Show More
How America's China Trauma Strains Alliances

27:26 | Jul 19th, 2018

Trump's election wasn't a fluke. Nor are tariffs a passing fad. They reflect deep-seated trauma at the country's decline relative to China. So enraged and befuddled is the U.S. that it's a danger to itself, its closest allies and the global trading s...Show More
Why India-China Comparisons Miss The Point

30:16 | Jul 12th, 2018

How many times have you heard India and China mentioned in the same breath? We may be looking at the South Asian giant all wrong. The best comparison might be with the robber-baron era in America, rather than China's state capitalism, says author Jam...Show More
Why China's Population Is About to Plunge

16:37 | Jul 5th, 2018

Is a trade war or surging debt the biggest threat to China's economy? Try declining fertility. While the nation recently relaxed its one-child policy, such moves are unlikely to head off a projected plunge in population that will constrain the countr...Show More
How Falling Fertility Threatens the Global Economy

20:53 | Jun 28th, 2018

Around the world, women are having far fewer children than they were 50 years ago. This decline in fertility threatens to cause falling populations in many countries, which weighs on economic growth because it means fewer workers who can produce good...Show More
How Will a Trade War Impact China's Economy?

20:11 | Jun 21st, 2018

The U.S. and China are on the verge of a trade war, one that President Donald Trump says will be easy to win. So how will it really impact China's economy? Is the nation's GDP really growing at an incredible 7 percent rate, or is it about to collapse...Show More
How Countries Are Grappling With The Gender Pay Gap

20:52 | Jun 14th, 2018

Globally, women make 50 percent less than men. In the U.S. and U.K., it's about 20 percent. Why? What are some countries trying to do to fix it? And is this even possible? Rebecca Greenfield, host of Bloomberg's "The Pay Check" podcast, joins Scott L...Show More
Why Older Workers Are the Key to the U.S. Economy

31:09 | Jun 7th, 2018

With the U.S. jobless rate at the lowest level since 2000, where can employers turn to fill positions and keep up with demand? There's a huge corps of Baby Boomers and slightly younger Americans who are perfectly willing to do so. But businesses may ...Show More
How the Opium Wars Shaped China's Approach to Trump's Trade Threats

27:22 | May 31st, 2018

No need to be caught off guard by the latest tweet from Donald Trump about tariffs and China. The underlying nature of Western economic links with the Asian nation today follows a pattern set by events almost 200 years ago. Britain, then the world's ...Show More
What's Behind the Rise in Oil Prices

18:06 | May 24th, 2018

The U.S. is producing more oil than ever. So why are oil prices rising so much that a gallon of gasoline now costs almost $3? Wasn't shale oil supposed to make OPEC irrelevant? How much higher can prices go, and how is it all impacting the global eco...Show More
How Argentina Ended Up With Interest Rates At 40 Percent

20:24 | May 17th, 2018

In Argentina, the cost of borrowing is shooting up to stratospheric levels with interest rates rising to 40 percent. The country's leadership promised a new era that put this sort of trajectory behind it. But now, Argentina finds itself in talks with...Show More
Why China Wants Sway Over Vanuatu

17:42 | May 10th, 2018

Listeners are probably familiar with China's economic and strategic ambitions in the South China Sea. But have you heard about what China is up to in Vanuatu? (Hint: It's not the beaches.) China is pouring money into this South Pacific nation by inve...Show More
Bonus: The Pay Check, a New Podcast

03:34 | May 9th, 2018

It’s a big, expensive, global mystery. Why do women still make less money—a lot less—than men? In the US, the average woman makes 80 cents to every dollar a man makes. Launching May 9, the Pay Check is an in-depth investigation into what that 20 perc...Show More
Everybody Gets a Job!

26:36 | May 3rd, 2018

The U.S. unemployment rate may be at the lowest level since 2000, but some economists want the federal government to go further and guarantee a job for every American. Several potential Democratic presidential candidates support the idea, but the pla...Show More
How Artificial Intelligence is Taking Over the Economy

21:40 | Apr 26th, 2018

From self-driving cars to robot-powered factories, artificial intelligence is taking over significant pieces of the global economy. But while this is good news for the businesses incorporating robots into their workplaces, it also means more and more...Show More
How Water Will Determine the Global Economy's Winners and Losers

23:16 | Apr 19th, 2018

For years, oil was the major determinant of which countries rose to -- and lost -- power in the global economy. Today, that commodity increasingly is water. This week on Benchmark, we hear about the water crisis in Cape Town, where authorities are wa...Show More
Does This Crazy Stock Market Mean Trouble for the U.S. Economy?

26:52 | Apr 12th, 2018

It's been a wild ride for investors in the U.S. stock market these past couple months. Yet for all the chaos on Wall Street, Main Street seems to be doing fine. So are equities signaling trouble for the economy, or will this storm blow over? Jim Paul...Show More
Why Populism Isn't All About Economics

27:19 | Apr 5th, 2018

What if it's not the economy, stupid? The Great Recession and the long, moderate expansion that's followed gets blamed for a lot of political upheaval. But, William Galston of the Brookings Institution says that's a misreading. The former adviser to ...Show More
Who's Running China's Economy Now?

22:02 | Mar 29th, 2018

You've heard about Xi Jinping now becoming China's leader for life. But did you know about his new economic team? They are the ones who could help direct -- or deflect -- a possible trade war between the U.S. and China. China economy expert Nicholas ...Show More
How The Uber Economy Helps Riders At The Expense Of Drivers

20:29 | Mar 22nd, 2018

It may be hard to remember, but not too long ago, hailing a taxi in many cities was often a hassle. Ever since companies like Uber and Lyft entered the world, it's become a lot easier for consumers to catch a ride -- and a lot tougher for drivers to ...Show More
What's Behind the Great Trade Skirmish

23:57 | Mar 15th, 2018

Donald Trump's tariffs on steel and aluminum don't add up to a trade war. It's more like a frontier skirmish. But, what would a real conflict look like? Who would win and who would lose? Shannon O'Neil of the Council on Foreign Relations joins Scott ...Show More
How Nafta Made Mexicans Fat

20:17 | Mar 8th, 2018

The North American Free Trade Agreement has been labeled everything from an unfair deal for U.S. workers to a boon for commerce across the continent. Less well known is that it's helped cause a big expansion in Mexican waistlines. Simon Barquera, exe...Show More
This Tropical Paradise Is the Scene of a New Cold War

19:30 | Mar 1st, 2018

The Maldives, known as an exotic and luxurious tropical vacation spot, is fast becoming one of the world's most important geopolitical footballs. China is investing heavily in the island chain in a bid for economic and strategic supremacy, stoking th...Show More
Coming Soon: Decrypted Season 2

02:46 | Feb 27th, 2018

Decrypted returns on March 6th with a brand new season. Here's a sneak peek of what's in store. We'll be releasing new episodes every Tuesday starting next week. 
There's a Crisis Brewing in the Coffee Industry

17:01 | Feb 22nd, 2018

There's a crisis in coffee. On Java, the Indonesian island that gives your morning shot its nickname, the bean is struggling. A booming Asian middle class is spurring demand just as climate change is eroding farmland and changing the taste along the ...Show More
Why Nearly A Tenth Of Denmark's Labor Force May Disappear

13:23 | Feb 15th, 2018

Almost one-tenth of Denmark's labor force is made up of foreign workers. But with quality of life standards increasing in eastern European countries, many of these people are considering returning to their native nations. Karen Haekkerup, CEO of the ...Show More
Coming Soon: What'd You Miss This Week

02:00 | Feb 12th, 2018

This month, Bloomberg is excited to bring you a brand new show. Every Friday on What'd You Miss This Week, we'll feature the most interesting interviews from Bloomberg's daily market close show, "What'd You Miss" hosted by Scarlet Fu, Julia Chatterle...Show More
Will Amazon Disrupt Health Care?

19:53 | Feb 8th, 2018

Amazon, JPMorgan Chase and Berkshire Hathaway recently announced they're joining forces to tackle America's expensive health care system. Health care is probably the most reliably growing piece of U.S. GDP -- and until recently, a strong driver of in...Show More
Why a Big Gender-Pay Gap Exists for Selling Clothes

22:22 | Feb 1st, 2018

You may have heard of a gender-pay gap in America, but here's a statistic that's really eye-opening: Workers at men's apparel stores earn 56 percent more than employees at womenswear retailers. It's a huge gap, and yet it can be explained in part by ...Show More
When Japanese People Die, Their Land Goes Into Purgatory

20:18 | Jan 25th, 2018

What happens to someone's land when the owner dies? In Japan, no one knows. In fact, no one knows who owns more than 10 percent of the nation's landmass -- about 16,000 square miles, equivalent to the size of Denmark. Without knowing who owns the lan...Show More
As #MeToo Sweeps the World, Economics Profession Has Its Own Reckoning

29:36 | Jan 18th, 2018

An online discussion board where women are frequent subjects of vitriolic attacks. A lack of diversity in top positions. Strong evidence of discrimination against females. These are all issues that the economics profession is grappling with as part o...Show More
How Trump's Tax Cut Will Lead To NYC's Fall

21:20 | Jan 11th, 2018

The American South will keep rising and Dallas will eclipse New York. The city that never sleeps has had its obituary written plenty of times, but it may just have met its match in native son Donald Trump. His tax-cut law is more than just a deficit-...Show More
How a Secretive Conclave Decides When U.S. Recessions Happen

17:18 | Jan 4th, 2018

Whether the U.S. tips into recession this year or not, chances are you won't hear about it until well after it happens. That's because the decision on whether the economy is in a serious slump or merely having a bad day rests with a little-known grou...Show More
Benchmark's Look Ahead to the Biggest Economic Stories of 2018

17:33 | Dec 28th, 2017

What will be the most surprising economic development of 2018? Who will be the most influential people that you haven't heard of? What kind of non-economic developments will have biggest impact? Benchmark delivers answers from around the world in par...Show More
Benchmark's Look Back at the Biggest Economic Stories of 2017

18:57 | Dec 21st, 2017

What was the year's most surprising economic development? Who were the most influential people that you haven't heard of? What were the non-economic developments that had the biggest impact? Benchmark goes around the world to deliver the answers in p...Show More
This Market Says Maybe America Isn't So Great Again Yet

17:40 | Dec 14th, 2017

America's GDP is growing at an amazing 3 percent! Unemployment is at the lowest level in 16 years! The stock market is reaching a new record high every day! The U.S. economy is just going to keep on booming, right? Well, not so fast. The stock market...Show More
The Trade War Didn't Happen. Here's Why and What's Next

20:34 | Dec 7th, 2017

Wait! There wasn't a trade war this year. Wasn't Donald Trump's election supposed to mean a rejection of open commerce between nations? Bloomberg's Andrew Mayeda explains the surprise increase in goods and services exchanged across national boundarie...Show More
Having a Resume Gap Is Becoming Less of a Job Hurdle

18:26 | Nov 30th, 2017

For many women and an increasing number of men, it's been hard to get a job again if you take some time off for family reasons and have a long gap on your resume. But that's starting to change in the U.S., where the unemployment rate is at the lowest...Show More
Coming Soon: Trillions, a New Podcast

02:41 | Nov 28th, 2017

Money goes where it's treated best. That simple truth is a big reason why more and more money—trillions, in fact—flows into a powerful, low-cost tool that's quietly transformed investing in recent years. Exchange-traded funds, or ETFs, let you invest...Show More
How a Red State City Fell in Love With Muslim Immigrants (Rebroadcast)

27:22 | Nov 23rd, 2017

Benchmark takes the week off for the Thanksgiving holiday and re-runs an episode from March. Post-industrial Midwestern America helped propel Donald Trump to the nation's top job. You've heard that a hundred times. But did you hear about St Louis? A ...Show More
Big Data Goes Where Economies Fear to Tread

20:48 | Nov 16th, 2017

Figuring out the global economy has always involved looking at the data. But only in recent years has big data, such as that contained in satellite imagery, become a factor in helping understand what's going on. One place where it's particularly usef...Show More
Trump's Big Gamble on a New Fed Chief

22:23 | Nov 9th, 2017

By picking Jerome Powell to replace Janet Yellen as Federal Reserve chief, President Donald Trump is making a historic gamble that his five predecessors did not: appointing a new leader of the central bank in his first term instead of retaining the e...Show More
Mexico Didn't See Trump Coming

21:33 | Nov 2nd, 2017

Mexico just didn't see it coming. The free-trade backlash and anti-Mexican rhetoric that helped fuel Donald Trump's rise came as a surprise to officials and executives in the U.S.'s southern neighbor. Now they are scrambling to save not just NAFTA, b...Show More
A Crash Course in Refugee Economics

19:10 | Oct 26th, 2017

The biggest challenge refugees face is economic. A couple of financial market insiders are here to help and have recruited some of the biggest names on Wall Street. PIMCO's Greg Sharenow and Trailstone's Michelle Brouhard tell Dan and Scott about the...Show More
Creating Catalonia From Scratch

22:17 | Oct 19th, 2017

How do you create a new country? For Catalonians looking for independence from Spain, secession can give you an emotional high, but what about the bills? Every nation needs a sense of identity and community, of shared heritage and geography. That won...Show More
Puerto Rico's Economic Devastation Can Barely Be Measured

22:09 | Oct 12th, 2017

Before Hurricane Maria made landfall on Puerto Rico three weeks ago, the U.S. territory's economy was already in shambles, thanks in part to an overload of debt and decades of misguided policies. Now, after a terrible storm, things are much, much wor...Show More
Forget Oil. Religion Is Big Business in Saudi Arabia

27:10 | Oct 5th, 2017

Saudi Arabia may be best known for its vast supply of oil, but outside of that industry, Islamic tourism is one of the kingdom's biggest businesses. Hajj, the annual Muslim pilgrimage to Mecca, as well as other Muslim pilgrimages throughout the year,...Show More
Will the World's Most Powerful People Lose Their Jobs?

20:48 | Sep 28th, 2017

Some of the planet's most powerful people may be out of a job in the next two years. Beginning in the next few months, terms start ending for the central bankers who control the price of money in the world. First Janet Yellen, whose term ends Februar...Show More
North Korea's Unlikely Economic Boom

21:29 | Sep 21st, 2017

North Korea seems an unlikely place for capitalism to take hold. But markets are playing a bigger role in daily life in the country. While that's created a degree of economic stability in the short run, it's also inexorably undermining the power of t...Show More
This Food Company Is the Lehman Brothers of Croatia

22:43 | Sep 14th, 2017

A troubled company threatens a nation's entire economy. It's not Lehman Brothers a decade ago -- and it's not even a bank. No, this time it's Agrokor, Croatia's dominant food maker -- and its potential collapse could even extend Russia's influence in...Show More
India's Surprising Economic Partition

20:00 | Sep 7th, 2017

As India and Pakistan celebrate their 70th birthdays, Benchmark looks at the economic partition of colonial India into the two independent nations. The violence and human tragedy that accompanied the division has been widely chronicled. Less discusse...Show More
Most Companies Talk Creativity; Few Walk It. Art Can Help

23:51 | Aug 31st, 2017

Western Capitalism is supposed to thrive on Joseph Schumpeter's idea of creative destruction. Yet few companies really nurture creativity. Beancounters loom, ready to take away the canvas that the next big thing is sketched on. Take heart: Thinking a...Show More
Thucydides's Trap Has Implications for Economics, Not Just Conflict

20:43 | Aug 24th, 2017

What is Thucydides's trap and how does it foretell the future of U.S.-China economic ties? Much has been said about China's strategic challenges to America. Less talked about is the financial tussle between the two. Harvard's Graham Allison walks Dan...Show More
Make America Pay Its Bills. Again.

19:49 | Aug 13th, 2017

What is the U.S. debt ceiling, where did it come from and why does it matter? This time the familiar Washington ritual has a twist. And investors are starting to anticipate something new: The most critical of deadlines may be missed. How can this hap...Show More
Setting a New Benchmark With Our 100th Episode

18:14 | Aug 10th, 2017

The Benchmark crew celebrates the podcast's 100th episode with a trip through highlights as picked by hosts and producers, both past and present. From the Nobel Prize to Duke Bootee, Dan and Scott — along with some special guests — share the moments ...Show More
Where the U.S. Still Rules in Asia

17:54 | Aug 4th, 2017

Why does the U.S. still dominate discussion in a major Chinese city? On a multi-week trip to Asia, Dan discovers a surprising place where America's dominance in Asia is unparalleled and gains some insight into Japan's labor market during a busy lunch...Show More
Why Everyone Needs to Care About the Fed's Shrinking Balance Sheet

15:49 | Jul 27th, 2017

The Federal Reserve said this week that it's about to try something that's never been done on this scale in the annals of central banking: reduce its $4.5 trillion stockpile of assets. The ramifications could be felt everywhere from mortgage rates, t...Show More
What Our Trump Time Machine Got Right -- and Wrong -- About the Economy

16:36 | Jul 20th, 2017

 One year ago, the Benchmark crew ventured into the future -- July 2017 -- to imagine what was then all but unimaginable: How would the U.S. economy fare in the first six months under President Donald J. Trump? Now that it's all come to pass, Scott a...Show More
You Just Missed Your Chance to Get Rich on Toronto Real Estate

19:04 | Jul 13th, 2017

Home prices in Canada's largest city have been on a tear. But the party could be on the verge of ending, at least temporarily. The Bank of Canada's decision this week to raise interest rates -- the first hike in seven years -- makes mortgages more ex...Show More
The One Caveat Hanging Over Jobs in America

16:31 | Jul 7th, 2017

The U.S. labor market looked pretty strong in June, with more Americans getting jobs and unemployment close to a 16-year low. All strong, with one glaring exception: Wages still just aren't rising that quickly. The question is, why? Yelena Shulyatyev...Show More
The World's First Modern Financial Crisis: 1997 Edition

20:59 | Jun 29th, 2017

Twenty years ago this week, a momentous event more than a century in the making finally occurred: Hong Kong's handover to China. Turns out, that wasn't even close to the biggest story that year. What really did transfix the world in 1997 was the fina...Show More
Why New York's Summer of Hell Matters to More Than Commuters

25:19 | Jun 22nd, 2017

New York subway riders and commuters, already mired in a miserable year, are bracing for a summer like no other amid rising delays, service cuts and overcrowding. It all underscores the perils of under-investment in rail systems that should be key dr...Show More
Sushi Robots Show Way to Surprise Japanese Recovery

23:58 | Jun 14th, 2017

Surprise! Japan's economy is no longer down and out. Instead, it may just be the next big growth surprise. Almost three decades since the collapse of Japan's stratospheric property bubble, bank lending is back, the jobless rate is below 3 percent and...Show More
Mafia Making a Racket With Chili-Pepper Inflation

14:49 | Jun 7th, 2017

Central banks tend to be more comfortable pulling levers of economic policy than being on the front line of crimefighting. For the monetary gurus of Indonesia, those two worlds have collided. Central bankers say the mafia is driving up the price of c...Show More
Why Millions of Americans Still Live Paycheck-to-Paycheck

26:06 | May 31st, 2017

Millions of middle-class Americans face an unexpected reality in today's era of economic growth: their paychecks vary so much that paying bills and saving for the future is exhausting and challenging month after month. This week on Benchmark, Dan and...Show More
Brazil's Real Problem Is Economics -- Not Graft

25:40 | May 22nd, 2017

What on earth is going on in Brazil? Less than a year after impeaching one president for fiddling fiscal accounts, her successor is on the ropes amid allegations of graft. Dig a little deeper and the real problem is a recession deeper than any the co...Show More
This Nation Has the Secret to Trump's GDP Goal

20:32 | May 17th, 2017

Donald Trump's road to 3 percent growth might run through New Zealand. The faraway nation is the only developed economy that's been expanding at such a torrid pace, thanks to the one factor that Trump railed against on the campaign trail: immigration...Show More
Why Labor Unions Don't Have the Clout They Used To

21:46 | May 10th, 2017

A major puzzle in the U.S. economy is why wage gains have been relatively subdued in the last couple of years, even as all signs point to a tight job market where employers are having trouble filling positions. One reason is that labor unions just do...Show More
Never Mind the Chewing Gum, Singapore is Global Trade Colossus

25:27 | May 4th, 2017

The world's easiest place to do business, the second-largest container port and the biggest center for commodities trading. There's a lot more to Singapore than a ban on chewing gum, which is mostly honored in the breach. Smaller than Rhode Island, s...Show More
Key to Mideast Peace May Lurk Within the Economy

16:45 | Apr 26th, 2017

Israel's economy is so innovative that it's forcing otherwise hostile Arab neighbors to look at ways they could also benefit -- and the result could eventually be a gradual normalization of relations, if all continues to go smoothly. One example: tra...Show More
How Surfers Ride the Wave to the Next Economic Boom

22:52 | Apr 20th, 2017

Here's an economic statistic you don't see very often: Top-flight surfing breaks can drive growth. Fresh from his 11-year-old daughter's surfing lesson just outside Sydney, Mike Heath asks guest Sam Wills to run through experiments that he says confi...Show More
Why GDP Is a Dumb Way to Measure Economic Output

24:25 | Apr 12th, 2017

G, a D and a P. Three letters, lots of trouble. Gross Domestic Product is the world's most common way to measure the value of all goods and services produced in an economy. But does it really deserve its pedestal? Lorenzo Fioramonti, a professor at t...Show More
Here's What Happens When a Chinese Firm Buys a Closed GM Plant

31:50 | Apr 5th, 2017

President Donald Trump spent plenty of time on the campaign trail accusing China of stealing American jobs by taking away factories and using unfair trade practices. But China is actually giving a lifeline in one hard-hit part of the Rust Belt. That ...Show More
Death and Despair in White America

26:19 | Mar 29th, 2017

We usually don't think about economics as a life-or-death subject. But for white Americans without a college degree, there's no other way to describe it. With job opportunities limited and an opioid epidemic in full throttle, death rates among this g...Show More
How a Red State City Fell in Love With Muslim Immigrants

26:04 | Mar 24th, 2017

Post-industrial Midwestern America helped propel Donald Trump to the nation's top job. You've heard that a hundred times. But did you hear about St Louis? A wave of Bosnian refugees, many of them Muslim, arrive in the city, starting in the mid-1990s....Show More
Inflation Makes Duke Bootee Wonder How I Keep From Going Under

26:02 | Mar 16th, 2017

Who says economics has to be all about numbers? Take a trip back in time with the Benchmark crew to the early 1980s, when double-digit inflation was such a scourge that it inspired a lyric in the hip-hop classic "The Message." Ed "Duke Bootee" Fletch...Show More
The United States of Inertia

20:37 | Mar 8th, 2017

Americans like to think of themselves as great risk takers, rolling back frontiers and imbued since birth with a spirit of entrepreneurship. But what if the technological revolutions spawned in Silicon Valley were, ironically, symptoms of a risk-aver...Show More
Trump Can Party On With This Blueprint From Europe

21:10 | Mar 1st, 2017

Forget Vladimir Putin. If Donald Trump and the Republicans want to stay in power, they could do well to emulate the approach of Poland's Law and Justice Party. After sweeping to victory in 2015, the conservative party has mixed nationalist rhetoric, ...Show More
Fix Inequality Now? Be Careful What You Wish For

17:52 | Feb 22nd, 2017

Widening inequality is a blight on the modern economy and will ultimately undermine growth. But wait. Let's not hurry to fix it because history shows it can only really be addressed by total war, total revolution, state collapse or Black Death-like p...Show More
`Hamilton the Protectionist' Is a Show Trump Might Like

17:19 | Feb 16th, 2017

Donald Trump has had plenty to say about the smash hit musical "Hamilton": "Highly overrated," for one. But if we focus instead on Hamilton's economic policy, the president might find something to applaud. The first U.S. Treasury secretary wanted to ...Show More
Surprise! Your Cash Is Now Worthless

18:16 | Feb 8th, 2017

The nation's leader takes a sudden action that only a handful of people know about beforehand. His populist base loves it, even if it could disrupt the economy. Donald Trump's executive order on immigration? No, Indian Prime Minister Narendra Modi's ...Show More
Trump Heartland Depends on -- And Loathes -- Globalization

24:21 | Feb 2nd, 2017

Even in Deep Red America, the cosmopolitan world of Chardonnay and dual passport-holders is alive and well. Right alongside is a middle class enmeshed in that same world -- yet infuriated by it, a rage that opened the door to Donald Trump. Sure, this...Show More
Trump Says the Jobless Rate is Phony. Try These Stats Instead

27:20 | Jan 25th, 2017

"Make America Great Again," Donald Trump's campaign slogan, became the government's guiding policy when he was sworn in last week as the 45th U.S. president. But how will we know just how great America is becoming? Forget GDP or unemployment: we'll t...Show More
The Swiss Steak Heist And How The Central Bank Made It Happen

16:15 | Jan 19th, 2017

Too often the study of economics and exchange rates can seem very arcane. What does it mean in real life? For one meat smuggler, the end of 15 years of car trips to and from France with a trunk full of pork, beef and lamb. The Swiss franc's surge and...Show More
70: Cafe Con Leche Can Track Hyperinflation in Venezuela

16:58 | Jan 12th, 2017

Everyone knows inflation is out of control in Venezuela. But the government long ago stopped publishing figures on a regular basis, leaving economists to dial up what are essentially wild guesses. Enter the Bloomberg Cafe Con Leche Inflation Index. I...Show More
69: Thought 2016 Was Bad? Wait Until You See 2017

19:33 | Dec 29th, 2016

Brexit. A Trump win. 2016 was full of unexpected surprises that rocked the global economy in ways that even most experienced market observers couldn't have predicted. But what does 2017 have in store? Benchmark hosts Dan Moss and Kate Smith speak wit...Show More
68: Taking the Long (240-Year) View of U.S.-China Relations

27:45 | Dec 21st, 2016

Donald Trump has pledged to get tough with China on trade and currency, already tensing up relations with the world's second-largest economy. But it could be worse: President Woodrow Wilson signed a treaty that gave Japan control of part of China, an...Show More
67: The Fed Takes a Hike. What Should You Do?

18:18 | Dec 14th, 2016

America's central bank finally got around to raising interest rates for the first time in a year and signaled borrowing costs will keep rising from their currently low levels. Should you rush out to buy that house? Will savers get more bang for their...Show More
66: Planes, Trains and Automobiles

24:57 | Dec 8th, 2016

From a fatal highway bridge collapse in Minneapolis to LaGuardia Airport's "third-world" experience, America's failing infrastructure is no secret. To bring the country up to date, advisers to President-elect Donald Trump have floated the idea of a f...Show More
65: Dear Donald, Some Advice on China. Sincerely, Jon Huntsman

27:45 | Nov 29th, 2016

President-elect Donald Trump is on the verge of igniting a trade war with China. He might want to first listen to Jon Huntsman's thoughts on why that's a bad idea. The former ambassador to China, Utah governor and onetime GOP presidential candidate s...Show More
64: Make France Great Again

20:13 | Nov 22nd, 2016

First came Brexit. Then Trump. Now the world's attention turns once again across the Atlantic to France, where a presidential election is coming up and far-right candidate Marine Le Pen could be the next politician to upend the establishment. The nat...Show More
63: How to Get a Job After You Commit a Felony

20:17 | Nov 16th, 2016

Millions of Americans could help solve a looming labor shortage for certain U.S. industries. Problem is, they're felons. Are ex-cons who can't get jobs holding back economic growth? Join us on Benchmark this week to hear from Keri Blakinger, who serv...Show More
62: What Have We Done?

17:20 | Nov 9th, 2016

In the wake of Donald Trump's surprise presidential victory, the Benchmark team has a few questions: Is trade with Mexico destined to end? Is our relationship with China about to drastically shift? Is the U.S. about to experience a Reagan-esque stimu...Show More
61: Thanksgiving Will Be Cheaper This Year and That's Not Good

27:27 | Nov 2nd, 2016

Falling food prices may be good for your Thanksgiving tab this year, but they're doing a number on the U.S. economy. Food commodity prices have fallen over 20 percent from early 2015, helping to keep inflation at bay and wages stagnant, according to ...Show More
59: O Trucker, Where Art Thou?

19:48 | Oct 19th, 2016

How tight is the U.S. labor market? So much that one trucking company is offering $5,000 signing bonuses to lure new drivers. Yet millions of Americans remain out of the workforce -- people who might be candidates for a job that, while tough, takes r...Show More
58: Childcare Costs Are Too Damn High

23:42 | Oct 12th, 2016

If U.S. childcare costs are so expensive, why do people who walk your dog make more money than the workers who take care of your kids? Is there any way it could become cheaper to send your kid to day care than to attend a public university? Our co-ho...Show More
57: JD Vance and the Rise of the White Working Class

25:45 | Oct 5th, 2016

How did a diminishing slice of Western economies come to so dominate the political narrative? The roar of the white working class, mainly in onetime industrial powerhouses, put Donald Trump within shouting distance of the White House, ejected Britain...Show More
56: Actually, You Probably Can't Make It in New York

22:46 | Sep 28th, 2016

And you might want to cross San Francisco off the list, too. In the past 30 years, the most expensive metro areas in the U.S. have seen their housing prices grow at a much faster pace than the least expensive markets, according to a new report out fr...Show More
Benchmark Special: Here's What You Need to Know About the Fed

10:42 | Sep 21st, 2016

The world's most powerful central bank kept interest rates unchanged today, but the Federal Reserve also suggested an increase is imminent -- perhaps as soon as December. Join Dan, Scott and Fed reporter Matt Boesler on a special Benchmark podcast to...Show More
55: The App That Runs China's Economy

22:49 | Sep 15th, 2016

Can a nation's entire economy fit on one smartphone app? In China, that day is almost here. More than 700 million Chinese -- more than double the entire U.S. population -- use WeChat. It's an all-purpose super-app that does the job of Facebook, Uber,...Show More
54: The Optimist's Guide to the Economy

21:42 | Sep 7th, 2016

More than a decade after the first Internet boom, U.S. productivity growth has stagnated and the economy has been unable to break out of 2 percent expansion. This situation is testing even the most optimistic of forecasters, but in contrast to our re...Show More
Benchmark Special: Five Questions From the August Jobs Report

12:14 | Sep 2nd, 2016

Sometimes the monthly U.S. jobs report delivers a clear signal on the labor market and the economy. This is not one of those times. Fortunately, the Bloomberg Benchmark crew is here to talk about the burning questions raised by the latest report, inc...Show More
53: Why Are Weddings So Expensive? Blame Econ 101.

26:32 | Aug 31st, 2016

Happily ever after doesn't come cheap in the U.S. Couples looking to tie the knot pay an average of about $30,000 between things like caterers, flowers and photographers to capture the day. But why is it that weddings cost more than other large-scale...Show More
52: Ever Since Texting, It's Been Downhill for the U.S. Economy

23:37 | Aug 24th, 2016

When phone companies implored U.S. customers in 2003 to text more because they were lagging behind the rest of the world, it was all over. Almost. While we're used to a dizzying array of new apps each month and new "sharing economy" companies such as...Show More
51: Fancy Face Cream, South Korea's Next Economic Engine

19:29 | Aug 17th, 2016

This week the Benchmark team takes a look at one of South Korea's most promising new exports: beauty products. Seoul is pivoting away from the country's reliance on government-sponsored companies like Samsung and LG and instead attempting to capitali...Show More
50: 'Hamilton' -- From Smash Musical to Economics Syllabus

24:03 | Aug 10th, 2016

As much as economics permeates our lives, the concepts behind the subject can often be rather dry. Fortunately, the smash Broadway musical "Hamilton" takes some of those concepts and sets them to catchy hip-hop tunes. Matt Rousu, an economics profess...Show More
49: Slaves of Brazil — An Economic History

22:55 | Aug 3rd, 2016

Now that slavery, of all things, has popped up as one of the weirder talking points in the bizarre U.S. presidential campaign, we figured it might be time to examine just how much of a link slavery -- and everything it connotes -- has to do with inte...Show More
48: Why Do Sports Make Sane People Lose Their (Economic) Minds?

25:12 | Jul 27th, 2016

Police strikes, threats of Zika and a $20 billion tab: Welcome to the 2016 Summer Olympics games in Brazil. But Rio's position isn't just matter of bad luck. It was actually self-imposed. Every four years countries vie to be the next host of the summ...Show More
Benchmark Special: Five Things to Know About the Fed Meeting

12:07 | Jul 22nd, 2016

No one thinks the Fed is going to raise interest rates at its next meeting. Chair Janet Yellen isn't scheduled to hold a press conference, and there won't be any new rate projections from Fed officials. So what should you look for when the central ba...Show More
47: Looking Back on President Trump's First Six Months

21:26 | Jul 20th, 2016

How would the U.S. economy fare under President Donald J. Trump? Hosts Scott Lanman and Kate Smith journey one year into the future to track the Benchmark podcast from July 21, 2017. Joning them is Neil Dutta from Renaissance Macro Partners, who help...Show More
46: Brexit Is Really All About China

20:08 | Jul 13th, 2016

China wasn't on the ballot when U.K. citizens made the surprise decision to leave the European Union. But it has played a major role in the forces of globalization that Britons rebelled against with their vote in June. How does one connect the dots f...Show More
45: The Economics Behind the Boom in Anti-Immigration Sentiment

32:58 | Jul 6th, 2016

From the U.S. to the U.K., immigration and its consequences are flaring up as never before. But how exactly do they shape the economy, and how are native workers affected when immigrants enter the labor force? For answers to these questions as well a...Show More
44: Cure Cancer, Boost Global Growth

21:49 | Jun 29th, 2016

Drug companies and researchers have made huge advances in recent years to treat cancer, possibly the world's leading cause of death. And more breakthroughs are likely. But it will come with a big price tag, and getting all the way to a cure will be t...Show More
Is Norway's `EU Decaf' a Post Brexit Lifeline?

11:03 | Jun 29th, 2016

Why is Norway attracting attention in a post-Brexit Britain? Saleha Mohsin, who followed Norwegian politics and economics for Bloomberg, joins Dan Moss to explain `EU Decaf.' How does it work and how is it different, if at all, than being a full memb...Show More
Episode 43: What have they done?

16:00 | Jun 24th, 2016

Have British voters rejected more than the EU? The vote to leave the Union, which grew from the idea seven decades ago that enmeshed economies won't wage war on one another, is a blow to the liberal order that's prevailed since 1945. It's also a shot...Show More
42: When I'm Sixty-Four

21:19 | Jun 15th, 2016

Will the government still feed me when I'm 64? How about 74, or even 84? Americans are living longer than ever, but the retirement age has barely budged from the original 65. How can Washington adjust the public retirement system -- a political third...Show More
41: Venezuela Is at a Breaking Point

25:27 | Jun 8th, 2016

Venezuela, home to the world's biggest oil reserves, is in the throes of economic crisis. With inflation projected at nearly 300 percent this year, how do Venezuelans live amid six-hour lines for groceries, crumbling hospitals and growing violence? N...Show More
40: How to Earn $250/Hour in the Gig Economy

26:35 | Jun 1st, 2016

Every day the gig economy gets bigger, whether you're talking about drivers on Uber or programmers on Upwork. Are these workers freed from the drudgery and rigidity of full-time jobs, or are they exploited by companies that want to sidestep the commi...Show More
39: What Al Franken Really Thinks About Deadlock in Washington

34:52 | May 25th, 2016

Washington is once again mired in political gridlock, this time involving the Supreme Court. A seat on the highest court in the land has been open since February, and it probably won't be filled until a new president is elected. How do businesses far...Show More
38: The Quiet Epidemic That's Killing White Americans in Droves

26:35 | May 18th, 2016

After decades of progress in U.S. mortality rates, scores of white middle-aged Americans are dying or reporting that their health is deteriorating and life is increasingly painful. What does this have to do with the economy, and even the election? Mo...Show More
37: The International Plot to Kill Big Bills

24:03 | May 12th, 2016

For criminals looking to sell drugs, fund terrorism, evade taxes or bribe government officials, cash is king. That's why a growing chorus of academics and policy makers want to do away with high-denomination bills around the world, culminating last w...Show More
36: Puerto Rico's $70 Billion Crisis Just Might Be Catastrophic

18:42 | May 4th, 2016

Puerto Rico missed a $400 million debt payment on Sunday, and bigger, more consequential defaults could follow. But how did things get so bad in the first place? Michelle Kaske, Bloomberg's municipal bonds reporter, joins Dan and Aki to discuss the b...Show More
35: Why Are We Still Fighting About Obamacare?

35:36 | Apr 27th, 2016

The Affordable Care Act is back in the news, as insurers around the nation complain they're losing money in exchanges designed to bring health coverage to millions of Americans. A host of economic woes have been ascribed to Obamacare, including a hig...Show More
34: Japan Just Can't Catch a Break

21:52 | Apr 20th, 2016

Japan's been having a tough time lately. The central bank used unorthodox tools to jumpstart growth -- and has little to show for it. It's closing in on deflationary territory. And now, the nation also has to worry about a strengthening yen, which ha...Show More
33: How Monetary Policy is Now Being Outsourced (Sort Of)

22:37 | Apr 13th, 2016

The Federal Reserve has two mandates: price stability and full employment. Yet now many wonder whether the Fed, like many large and powerful organizations, has outsourced policy. And no, we're not talking about China or Mexico -- but rather to the fi...Show More
32: Your Sex Drive Is Widening the Income Inequality Gap

24:52 | Apr 6th, 2016

It seems as if everywhere you turn these days you hear the same refrain: The rich are getting richer at the expense of the poor. Economists blame everything from from technology to globalization and tax policies. Now you here's another reason: The ri...Show More
31: Will You Ever Be Able to Buy Your Own Home?

21:09 | Mar 31st, 2016

Home prices are surging around the world and in many of our favorite U.S. cities. It doesn't get much worse than tech-fueled San Francisco, where the price of a single starter home will fetch you 40 houses in Detroit. What can the rest of the world l...Show More
30: Everything You Thought You Knew About Saudi Arabia Is Wrong

23:40 | Mar 24th, 2016

Yes, women in Saudi Arabia know how to drive. They can vote, at least in local elections. And every Saudi citizen, men and women, may be about to see the end of generous, oil-driven subsidies that explain a lack of income taxes and utility costs so l...Show More
29: From Apple to Chick-fil-A: When Companies Play Politics

24:53 | Mar 17th, 2016

As U.S. election rhetoric reaches a fever pitch, politicians aren't the only ones taking a stand on issues. Some of the biggest brands around -- Chipotle, Chick-fil-A and Apple -- are wading into politics, a behavior that may only intensify as Novemb...Show More
Episode 28: China's Demographic Time Bomb

24:11 | Mar 10th, 2016

Worries about China's slowdown have dominated headlines since the beginning of the year. But beneath the day-to-day volatility is a simmering crisis: A rapidly aging population and an already shrinking workforce. Enda Curran, Bloomberg's chief Asia e...Show More
Episode 27: Can Slow Growth and the American Dream Coexist?

23:24 | Mar 3rd, 2016

Presidential candidates including Donald Trump, Bernie Sanders and Jeb Bush have touted plans that will inspire growth twice as fast as what the U.S. has seen during the recovery. But can they actually follow through on those promises, or is the U.S....Show More
Episode 26: What's Holding India Back?

24:06 | Feb 25th, 2016

India has the world's fastest-growing major economy and a population that's on course to be the world's largest -- eclipsing China -- within a decade. The nation's leaders are just as ambitious, launching the global "Make in India" campaign to buttre...Show More
Episode 25: Negative Rates -- Another (Delayed) 2008 Hangover

30:39 | Feb 18th, 2016

The Bank of Japan's new rules on negative interest rates went into effect this week, with a quarter of the global economy now run by central banks that have deployed this unorthodox tool to stimulate growth. With stock markets in turmoil and recessio...Show More
Episode 24: The World's Best Country for Working Women

25:38 | Feb 11th, 2016

If there's one place in the world that's close to cracking the secret on gender equality, it's Norway. But even this Scandinavian utopia has some way to go. Bloomberg Oslo correspondent Saleha Mohsin joins Tori and Aki this week to talk about Norway'...Show More
Episode 23: Kill A Mosquito, Help The Global Economy

23:26 | Feb 4th, 2016

Mosquitoes don't have very many redeeming qualities. They drink our blood, they make us itch and they carry illnesses like Zika, a virus that's exploding across Latin America. They can also do some serious economic damage. From health care expenses t...Show More
Episode 22: Has Cheap Oil Become Bad For The Economy?

26:04 | Jan 28th, 2016

The U.S. is awash in inexpensive oil. That's usually been a plus for the economy, because even though energy companies get squeezed, drivers get a break at the pump. Now, that relationship's gotten a bit hairier. Oil producers have slashed jobs and i...Show More
Episode 21: What Are Your Odds of Becoming a Millionaire?

24:08 | Jan 21st, 2016

Who wants to be a millionaire? Most people we know, at least. But individuals' odds of accumulating that much wealth diverge wildly as race, age and education are factored in, according to an exclusive dataset created by the Federal Reserve Bank of S...Show More
Episode 20: Stocks are Melting Down. Is The Economy Next?

27:15 | Jan 14th, 2016

Financial markets around the world have been rocked as investors worry that a slowdown in China will spread to other nations as well. But how closely is the stock market actually linked to what's happening in the economy? Bloomberg stocks reporter Ol...Show More
Episode 19: 7 Economics Tricks To Help Keep Resolutions

25:43 | Jan 7th, 2016

(Bloomberg) -- Every year, millions of people make New Year's resolutions. Every year, millions fail, often wasting money and working against their best interest in the process. That doesn't sound very rational. Katy Milkman, an associate professor a...Show More
Episode 18: Will Your Job Disappear by 2024?

22:35 | Dec 30th, 2015

(Bloomberg) -- As everyone else makes predictions for 2016, we zoom ahead to 2024. Which jobs will be on the rise, and which jobs will disappear? Heidi Shierholz, chief economist at the U.S. Labor Department, joins the hosts to navigate the governmen...Show More
Episode 17: When Does it Make Sense to Cheat?

23:22 | Dec 23rd, 2015

(Bloomberg) -- This year has been full of cheaters. From bad boy pharmaceutical executive Martin Shkreli to the Patriots' Tom Brady to Volkswagen, allegations and incidents of cheating have been front-page news fodder. But is there sometimes an econo...Show More
Episode 16: The Fed Finally Raised Interest Rates. Now What?

24:31 | Dec 17th, 2015

(Bloomberg) -- The Federal Reserve finally raised its main interest rate, after years of keeping it near zero to help pull the U.S. out of a severe recession. What does that mean for Americans' everyday lives? Michelle Meyer, deputy head of U.S. econ...Show More
Episode 15: Take Paternity Leave Like a Boss

22:45 | Dec 10th, 2015

(Bloomberg) -- Many soon-to-be parents worry about the impact that paternal leave will have on their careers. One of them is our very own Dan Moss, who's expecting a baby daughter any day now. Tori and Aki enlist the help of Willem Adema, a senior Pa...Show More
Episode 14: Adele and the Future of Music

25:56 | Dec 3rd, 2015

(Bloomberg) -- Adele's new album, "25," has been flying off the shelves. Was she smart to withhold it from Spotify? Tori and Aki discuss the economics of a brutally transformed recording industry, with the help of Bloomberg entertainment reporter Luc...Show More
Episode 13: How to Give Holiday Presents Like an Economist

20:29 | Nov 25th, 2015

(Bloomberg) -- With Black Friday kicking off retailers' most important shopping season of the year, economist Joel Waldfogel shares his advice for buying presents: Don't. Waldfogel, author of the book "Scroogenomics," discusses his notorious theory o...Show More
Episode 12: Could the U.S. Make College Free?

23:00 | Nov 19th, 2015

(Bloomberg) -- Americans now owe a record $1.2 trillion in student loans, and a growing chorus is asking why they should even have to go into debt to get a college degree. Other countries provide free higher education. Could the U.S.? Education repor...Show More
Episode 11: What It Takes to Be Rich

23:20 | Nov 12th, 2015

(Bloomberg) -- How much money do you need to be rich, ultra rich and out-of-your-mind rich? Tori and Aki discuss, along with what growing income inequality means for the U.S. economy. Executive pay reporter Caleb Melby drops by to recount his exchang...Show More
Episode 10: Does Manufacturing Still Matter for America?

23:57 | Nov 5th, 2015

(Bloomberg) -- It's been both a depressing month and decade for U.S. manufacturing. But with the economy transitioning to one driven by services, why do economists continue to pay close attention to factory data? Tori, Dan and Aki discuss the role ma...Show More
Episode 9: The U.S. Government's $18 Trillion Debt Problem

19:53 | Oct 29th, 2015

(Bloomberg) -- It's that time of the year again, when Washington erupts in heated debate over the decision to raise the U.S. debt ceiling. How worried should you really be? Hosts Tori, Dan and Aki discuss with debt historian John Steele Gordon, who a...Show More
Episode 8: How to Keep a Robot from Stealing Your Job

22:11 | Oct 22nd, 2015

(Bloomberg) -- Are social skills the last barrier between you, your job and a robotic replacement? Aki, Tori and Dan, with a little help from Siri, explain which jobs are the most resistant to automation. Meantime, Dan is forced to defend his humanit...Show More
Episode 7: What It's Like to Win the Nobel Prize

24:01 | Oct 15th, 2015

(Bloomberg) -- There's one honor that trumps all others in economics, and it's winning the Nobel Prize. Tori catches up with the 2015 winner Angus Deaton, who talks about the 6:10 a.m. phone call congratulating him, the research that earned him the a...Show More
Episode 6: A Tale of Love And Euros

18:58 | Oct 8th, 2015

(Bloomberg) -- Hosts Aki and Tori discuss foreign exchange markets through the lens of a very special event: the Portguese wedding of Bloomberg data editor Catarina Saraiva. Find out why the dollar is strengthening over the euro, and what that dynami...Show More
Episode 5: The World Isn't Getting Pricier Fast Enough

18:55 | Oct 1st, 2015

Prices around the globe aren't rising as fast as they need to, a phenomenon that's got economists and central bankers debating how to fix it. But what's so wrong with stagnant prices in the first place? Hosts Aki, Tori and Dan discuss, with help from...Show More
Episode 4: The Millennials Go Rogue

21:27 | Sep 24th, 2015

(Bloomberg) -- With Dan on vacation, Tori and Aki take the chance to talk about their generation: the millennials. They push past the stereotypes and fact-check some common assumptions using real data. Listen to find out if millennials are forever sc...Show More
Episode 3: Will You Get a Raise This Year?

21:39 | Sep 17th, 2015

(Bloomberg) -- Hosts Tori Stilwell, Aki Ito and Dan Moss talk paychecks. Why have Americans' wages been stagnant for more than six years, when will that change and which industries' workers are in the best position for a raise? The hosts use Labor De...Show More
Episode 2: Should You Be Freaking Out Over China?

22:09 | Sep 15th, 2015

(Bloomberg) -- When stocks crash in the world's second-largest economy, people pay attention. In this bonus episode, Brookings senior fellow Kenneth Lieberthal joins the team to discuss what's happening in China, where its economy is heading and what...Show More
The U.S. Economy's Silent Menace

19:31 | Sep 11th, 2015

(Bloomberg) -- Every week, hosts Tori Stilwell, Dan Moss, and Aki Ito bring you a jargon-free dive into the stories that drive the global economy. In this episode, the team enlists Brookings senior fellow Barry Bosworth to discuss productivity. Prod...Show More
The Benchmark Preview

04:42 | Sep 4th, 2015

(Bloomberg) -- Welcome to episode zero of the Bloomberg Benchmark Podcast! Every week, hosts Tori Stilwell, Dan Moss, and Aki Ito bring you a jargon-free dive into the stories that drive the global economy. In this short episode, Tori and Dan tell yo...Show More