Are “natural” diamonds still worth it if you can get a near-identical alternative for a fraction of the cost? With a boost from celebrities like Sarah Jessica Parker, lab-grown competitors could be coming for the crown.

On today’s Big Take podcast, guest host Stacey Vanek Smith talks to industry insiders and De Beers Group CEO Al Cook about what $12 half-carat earrings could mean for the luxury business’ future and how the old guard is pushing back.

Read more: The Diamond Industry’s Old Guard Wants You to Buy ‘Natural’

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Host: Stacey Vanek Smith; Guests: Al Cook, Edahn Golan, Adelle Archer; Produced by Julia Press; Edited by Aaron Edwards; Engineering by Sean Carter.

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US economic growth is up but consumer sentiment is down. Another rate hike, expected this year, could help lower inflation, but do little to ease the frustrations of much of the middle class, for whom the American dream sits just out of reach.

On today’s Big Take podcast, editors Matthew Boesler and Cristina Lindblad join Sarah Holder to unpack what the data says is happening in the US economy and why consumer sentiment tells another story.

Read more:

• The Trump Stock Market Is Lousy for Most
• US Consumer Prices Rise by Most Since April in Broad Advance

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Host: Sarah Holder; Guests: Matthew Boesler and Cristina Lindblad; Produced by David Fox; Edited by Paddy Hirsch and Naomi Shavin; Engineering by Emma Munger.

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Energy prices are up — and President Trump is out of time to bring them down before the US midterm elections.

On today’s Big Take podcast, David Gura breaks down the factors keeping prices high and how much it could cost the Republican party with White House reporter Josh Wingrove and Will Kubzansky, who covers gasoline, diesel and jet fuel.

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Host: David Gura; Guests: Josh Wingrove and Will Kubzansky; Produced by Julia Press, David Fox, Julia Weaver; Edited by Naomi Shavin; Engineering by Sean Carter.

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When millions of retail investors piled into India’s options market to get rich quick, losses mounted and regulators launched a sweeping crackdown.

On today’s Big Take Asia podcast, guest host Rebecca Choong Wilkins and India equities reporter Savio Shetty break down how the world’s largest options market unraveled, why regulators are struggling to police the country’s latest craze and where traders are placing their bets now.

Read more: How India Built (and Broke) the World’s Biggest Options Casino

Further listening: Inside Jane Street: The Enigmatic Firm That Rules Wall Street

Watch, from Originals: How India's Day Retail Traders Lost Billions

Host: Rebecca Choong Wilkins; Guest: Savio Shetty; Produced by Naomi Ng and Yang Yang; Edited by Crispina Robert and Julia Weaver. Engineering by Sean Carter II.

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The AI infrastructure boom is funded by a complex web of investments, as tech companies pour money into one another and foreign investors funnel still more cash into the industry. That flow of foreign money is also creating global imbalances — and flashbacks to the run-up to the 2008 financial crisis.

On today’s Big Take podcast, Bloomberg’s Shawn Donnan and Bloomberg Economics’ Tom Orlik join David Gura on the AI industry’s global money machine: how it works and what risks it could pose to the global economy if the AI trade doesn’t deliver fast enough.

Read more:

• AI’s Giant Money Loop Is Drawing Foreign Cash Like 2008
• National Bureau of Economic Research: Financing the AI Buildout

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.

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Host: David Gura; Guests: Shawn Donnan and Tom Orlik; Produced by David Fox, Brunella Tipismana Urbano; Edited by Tracey Samuelson; Engineering by Emma Munger.

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As US journalist Azadeh Moaveni was writing her latest book, ‘The East Wing’, a history of America's first ladies and their staff, President Donald Trump’s demolition of that very part of the White House was underway.

Moaveni presents her book as a “parallel women’s history,” tracing how the wives of US presidents, including Melania Trump, who traditionally had offices in the now-vanished annex, helped shape alliances at home and abroad.

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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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