Trumponomics

Jason Furman, the former White House chief economist now at Harvard University, has used artificial intelligence to build a platform that can do work once handled by teams of economists — and it has left him wondering what happens to the people who used to do those jobs. He joins Stephanie Flanders to talk about AI’s impact on work, education and the economics profession, and what the...

The Stephanomics podcast is back. Every week, host Stephanie Flanders takes one big question about the global economy and follows it wherever it leads. From trade and technology to inflation, central banks and markets, the conversation will connect the dots between the forces reshaping the world economy. Listen to new episodes every Thursday. See omnystudio.com/listener for privacy information.

The historic Democratic midterm victory will reshape Washington come January, but what will it actually change for the US economy? Stephanie Flanders is joined by Oren Cass, founder of the American Compass think tank, and Bloomberg reporter Josh Wingrove to look beyond the election to the next two years. Can either party address voter frustration with the economy, and how much of Donald Trump&rsqu...

How has the conflict changed people’s car-buying habits — and could it accelerate the global shift to electric vehicles? In this episode, Stephanie Flanders is joined by Bloomberg News managing editor Craig Trudell and Ethan Zindler, global head of BloombergNEF’s countries and policies research teams. They examine the way in which higher energy prices are reshaping demand for ele...

What does Germany’s economic strategy tell us about the shifting global order? Stephanie Flanders is in Germany at the Berlin Global Dialogue, where she speaks with Chancellor Friedrich Merz about the pressures reshaping Europe’s largest economy, why he supports a tougher response to Chinese imports and how he intends to handle the Trump administration’s harsher line toward Ukrai...

What does the global economy look like from the rooms where some of the world’s biggest investment and business decisions are made? Stephanie Flanders is in New Delhi for Bloomberg’s New Economy Forum, where she speaks with Bloomberg Chief Economist Tom Orlik about the risks building beneath the surface — from higher borrowing costs to the vast sums flowing into artificial intell...

Donald Trump’s wars, both the global trade version and the real one on Iran, are increasing costs for America’s farmers -- traditional followers of the Republican president who just might be reconsidering their allegiance. Stephanie Flanders speaks with Bloomberg’s Steven Dennis and former US Department of Agriculture chief economist Joe Glauber about why deep red farm states lik...

Elon Musk may be an extreme figure, but the authors of Muskism: A Guide for the Perplexed argue he represents a much bigger dynamic that's quickly taking shape, one where promises of “sovereignty through technology” may permanently embed tech figures such as himself at the center of government and society. Stephanie Flanders speaks with Ben Tarnoff and Quinn Slobodian about how Musk tu...

As Chinese President Xi Jinping meets with US President Donald Trump in Washington, this week's episode of Trumponomics asks whether the world’s leading AI powers can move beyond summit pageantry and start managing the dangers created by their technological rivalry. Host Stephanie Flanders speaks with Bloomberg Executive Editor Dan Ten Kate and Geoeconomics analyst Michael Deng about why dis...

The US 10-year Treasury yield has breached 5%, but the forces pushing borrowing costs higher may run much deeper than the latest economic shocks. Stephanie Flanders is joined by Bloomberg Opinion columnist John Authers and Jamie Rush of Bloomberg Economics to discuss how demographics, rising government debt and the artificial intelligence investment boom are reshaping the price of money — an...

Artificial intelligence companies are spending extraordinary sums on the promise that their technology will transform the global economy. Author and technology critic Cory Doctorow joins Trumponomics host Stephanie Flanders to challenge that sales pitch, arguing that AI may be useful without delivering the cost savings or profits investors expect — and warning of the consequences for workers...

In the US-China trade conflict, rare earth metals are Beijing's ultimate trump card. Last year, China ramped up restrictions on these key industrial elements, spooking industry, and forcing the US to climb down. Since that wake-up call, the US has worked hard to reduce its dependence on China. It has spent huge sums backing mining companies, penned eye-catching deals and moved...

With tensions rising between Canada and the US over the latest broadsides in President Donald Trump's trade war, the White House is threatening even more levies following Prime Minister Mark Carney's announced dollar-for-dollar retaliation. The rupture between Ottawa and Washington is becoming harder to dismiss as temporary, with the war of words increasingly implicating the broader relationship b...

Can inflation in Japan be a sign of a healthier economy? On this week's episode of Trumponomics , Stephanie Flanders is joined by Taro Kimura, an economist with Bloomberg Economics, and Bloomberg News Senior Editor Chris Anstey to explore the potential cost and benefits of a weakening yen. Together, they examine Japan’s shift away from decades of deflation, why US Treasury Secretary Scott Be...

Our Town from Bloomberg’s Big Take podcast follows residents of Gainesboro, Tennessee, after a group of far-right Christians moves in with plans for a radical social experiment. Listen to episode 1 here. See omnystudio.com/listener for privacy information.

Kevin Warsh has spent his first three months as chair of the Federal Reserve pretty tight-lipped about his views on the economy, a stark contrast to how central bank policymakers have traditionally communicated with market participants. On this episode, host Stephanie Flanders speaks with Bloomberg Opinion columnist Bill Dudley, a former president of the Federal Reserve Bank of New York, and Robin...

Why aren't we seeing the productivity boom the artificial intelligence industry has promised? Stephanie Flanders is joined by Oxford University professor and How Progress Ends author Carl Benedikt Frey to explore why rapid advances in AI haven't yet translated into stronger economic growth. Together they examine the productivity struggle, the race between the US and China for AI leadership and wha...

US President Donald Trump's trade war may be here to stay, despite the fact that billions of dollars in tariff revenue has been refunded to companies after the Supreme Court ruled his initial levies illegal. Stephanie Flanders is joined by Bloomberg senior writer Shawn Donnan and Anna Wong, chief US economist at Bloomberg Economics, to explore what if anything the policy has delivered for US manuf...

As wealth becomes increasingly concentrated — and artificial intelligence threatens to shift even more income from workers to investors — has the US tax system become outdated? Stephanie Flanders speaks with Harvard professor Jason Furman, a former economic adviser to President Barack Obama, and Bloomberg reporter Caitlin Reilly about wealth taxes, capital gains, inheritance and whethe...

Americans are spending less time with friends, nights out are getting more expensive and even major sporting events are becoming harder to afford. Stephanie Flanders speaks with Bloomberg reporter Ben Steverman and economist and author Richard Layard about what the "fun shortage" says about the economy, rising inequality and whether loneliness is becoming a political and economic problem. See omny...

A new, $2 trillion global arms race is underway — but this time it's being driven by artificial intelligence, drones and hypersonic weapons. Stephanie Flanders is joined by Becca Wasser, a geo-economics analyst with Bloomberg Economics, and Gerry Doyle, a senior editor for Bloomberg News, to explore how rising defense spending could reshape economies, redefine warfare and alter the future of...

The economy may look resilient on paper, but voters aren't buying it. Bloomberg's senior national correspondent Nancy Cook and Stuart Paul, who covers the US and Canadian economies for Bloomberg Economics, break down why affordability, gas prices, and lingering economic anxiety could reshape the battle for Congress—and whether Republicans can change the narrative before November. See omnystu...

Artificial intelligence is often discussed in terms of how many jobs it will eliminate, but Sarah O’Connor argues the biggest concern may be not what it does to the quantity of jobs, but the quality. Speaking on Bloomberg’s Trumponomics podcast about her new book,  We Are Not Machines: The Fight for the Future of Work , the Financial Times columnist said AI and automation are incr...

For 100 days, the world watched as one of its most important energy chokepoints got choked. Now, as the Iran war appears to be easing, Bloomberg Opinion columnist Javier Blas and Jamie Rush, Director of Global Economics, debate how quickly oil markets can recover, and what we've learned about China's growing influence over global energy demand. 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 i...