00:00:15
Speaker 1: Pushkin.
00:00:18
Speaker 2: The Big Take podcast from Bloomberg News dives deep into one big global business story every weekday.
00:00:25
Speaker 1: A shutdown means we don't get the data, but it also means for President Trump that there's no chance of bad news on the labor market.
00:00:33
Speaker 2: What does a bag an egg and cheese sandwich reveal about the economy?
00:00:36
Speaker 3: Our breakfast foods are consistent consumer staples, and so they sort of become outsize indicators of inflation.
00:00:43
Speaker 2: What's behind Elon Musk's trillion dollar payout.
00:00:47
Speaker 4: There's a sort of concerted effort to message that Musk is coming back. He's putting politics aside, he's left the White House.
00:00:55
Speaker 2: And what can the PCEE tell you that the CPI can't.
00:00:58
Speaker 5: CPI tries to measure out of pocket costs that consumers are paying for things, whereas the pce index that the Fed targets is a little bit broader measure.
00:01:10
Speaker 2: Listen to The Big Take from Bloomberg News every weekday afternoon on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts.
Speaker 1: Pushkin.
00:00:18
Speaker 2: The Big Take podcast from Bloomberg News dives deep into one big global business story every weekday.
00:00:25
Speaker 1: A shutdown means we don't get the data, but it also means for President Trump that there's no chance of bad news on the labor market.
00:00:33
Speaker 2: What does a bag an egg and cheese sandwich reveal about the economy?
00:00:36
Speaker 3: Our breakfast foods are consistent consumer staples, and so they sort of become outsize indicators of inflation.
00:00:43
Speaker 2: What's behind Elon Musk's trillion dollar payout.
00:00:47
Speaker 4: There's a sort of concerted effort to message that Musk is coming back. He's putting politics aside, he's left the White House.
00:00:55
Speaker 2: And what can the PCEE tell you that the CPI can't.
00:00:58
Speaker 5: CPI tries to measure out of pocket costs that consumers are paying for things, whereas the pce index that the Fed targets is a little bit broader measure.
00:01:10
Speaker 2: Listen to The Big Take from Bloomberg News every weekday afternoon on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts.