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Bloomberg Businessweek brings you a smart and fun chat show about all things...business. Hosted by award-winning business and economics journalists Max Chafkin (author of The Contrarian: Peter Thiel and Silicon Valley’s Pursuit of Power) and Stacey Vanek Smith (former co-host of NPR’s Planet Money and reporter for Marketplace), Everybody's Business is powered by the unparalleled sources and reporters who bring you Businessweek magazine’s headlines and the stories behind them. The show gives listeners a window into the discussions happening in boardrooms, Zooms and group chats in power centers around the world. From interpreting Fed meetings to the business of wolf cloning, each week Max, Stacey and their friends at Bloomberg Businessweek guide listeners through what really went on during the last week from Wall Street and Main Street. Because what’s happening with money and markets is everybody’s business.

As conflict escalates between the US and Israel and Iran, Bloomberg’s Javier Blas reveals a vulnerability hiding in plain sight: the water systems that millions across the Middle East depend on. Plus: AI in wartime, and a gripping new podcast series on Chinese counterintelligence.See omnystudio.com/listener for privacy information.

It's a rapturous time to be in prediction markets, but is the promise of Kalshi and Polymarket to "financialize everything" a net good for society, or is it gambling in sheep's clothing? We actually have centuries of history that points towards a potential answer. From this year's On Air Fest in New York City, Everybody's Business and Pushkin Industries' Business History come together to explain the lengths people will go for a life-changing payday. (Or, at the very least, a tote bag at a podcast festival.)Place your bets.See omnystudio.com/listener for privacy information.

In the hours after publishing our Friday episode, President Trump’s global tariffs have been struck down by the Supreme Court. The newsroom has been buzzing over here at Bloomberg, so Stacey called up Jonathan Lieberman, President of New York Customs Brokers to understand what this news means for our pocketbooks.See omnystudio.com/listener for privacy information.

While salaries are an anchor in many Americans' lives, billionaires instead rely on investment income and tax avoidance to line their pockets. Professor and author Ray Madoff takes us behind the curtain of the mega-rich and their asset-saving tricks, just as states like California and cities like New York debate how to address their crushing budget shortfalls. Plus, what Generation Alpha thinks about your skinny jeans, and Steven Colbert takes on the FCC.See omnystudio.com/listener for privacy information.

According to the latest jobs numbers, the economy is on fire, but who is benefitting and who is still struggling? Economist and author Anna Gifty Opoku-Agyeman joins Max and Stacey to talk about the hidden costs of Black womanhood. And then, business journalist Lauren Sherman follows the thread on why designers and consumers are feeling worn out during New York Fashion Week. Plus, a moonshot ambition and a medieval trend returns.See omnystudio.com/listener for privacy information.

Elon Musk has long had his eye on Mars, but any real plan appears to be lost in the cosmos. His more immediate ambitions are decidedly more grounded, with the corporate marriage of SpaceX and xAI. Max and Stacey explore what this future conglomerate will mean for the economy with Bloomberg News reporter Dana Hull. Back on Earth, the biggest sports games in America is pairing up with one of the biggest pop stars of the planet. Bloomberg's Randall Williams joins us from Santa Clara to talk Super Bowl money, Bad Bunny's politics and why the annual event is incredible business for the NFL. Plus, Valentine's Day on a budget, and a cringe-worthy venture targeting Gen Z.See omnystudio.com/listener for privacy information.

In the midst of sub-freezing temperatures in Minneapolis, conflict is heating up between residents and US Immigration and Customs Enforcement. Meanwhile, a similar battle is brewing between Senate Democrats and Republicans as a pending funding package determines the future of ICE's funding. Reporter Fola Akinnibi joins Max and Stacey to figure out just how much ICE costs to function.Plus, reporter Sarah Frier tells us about a startup that believes it can reverse the declining US population, and two stories about some very precious commodities.See omnystudio.com/listener for privacy information.

President Trump caused some serious whiplash this week. First he called for the US to buy Greenland, and said he would impose tariffs on the European countries standing in his way. But days later, at the World Economic Forum in Davos, he seemed to reverse course. Harvard economist Kenneth Rogoff and Stacey join Max from the Swiss Alps to make sense of a potential acquisition of the arctic territory. Plus, hold onto your parkas, because Derek Guy (aka "the menswear guy") discusses how America can remanufacture its cool by bringing craftsmanship back stateside. And: Lululemon takes customer transparency to a new level.See omnystudio.com/listener for privacy information.

This week Federal Reserve Chair Jerome Powell had a message for the nation, and President Donald Trump: intimidation has no place at the Central Bank. Stacey sits down with former Fed Chair and Treasury Secretary Janet Yellen to talk about why this is such a dangerous moment in history and why Powell's two-minute video was so important. Then Bloomberg reporter Ashley Carman joins Max and Stacey in the studio to discuss what Spotify's new CEOs mean for how you'll stream music and more in the future. Plus, Stacey wonders "are you dead yet?" and Max discovers a spicy way to swipe your way to a new job.See omnystudio.com/listener for privacy information.

Back in the 1970s, Venezuelans became famous for their glamorous one-day shopping trips to Miami. "Ta barato, dame dos," the saying went. "That's cheap. I'll take two." Nowadays, the bolivar has lost practically all its value. Max and Stacey are joined by David Papadopoulos to understand what exactly went wrong with the Venezuelan economy. How did the country go from being stable and wealthy to experiencing runaway inflation and rampant poverty? Papadopoulos traces it back to fluctuating oil prices, too much spending and the difficulty of adjusting to a new way of life. Also, Deena Shanker sits down in the studio to discuss her new story on weight loss drugs and their impact on the food industry. To get with the times, some restaurant are offering up small, high-protein meals. But are they any good? The trio digs in to find out.See omnystudio.com/listener for privacy information.