British Prime Minister Keir Starmer announced his resignation Monday after less than two years in office. Starmer is the sixth Prime Minister to resign in the decade since the Brexit vote, raising major questions about where the country’s fractured political system goes from here.

On today’s Big Take podcast, Bloomberg Executive Editor Edward Evans joins guest host Wendy Benjaminson from London to discuss the turmoil at 10 Downing Street. They explore what led to Starmer’s resignation, how soon the man poised to replace him, Labour Party frontrunner Andy Burnham, could call a general election and how the UK’s other political parties might take advantage of the power vacuum.

Read more: Burnham Poised for Power in UK After Starmer Steps Aside

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Hosted by Wendy Benjaminson; Produced by Julia Press; Reported by Edward Evans; Edited by Tracey Samuelson.

Fact-checking by Victor Swezey and Laura Newcombe; Engineering by Emma Munger.

Senior Producer: Naomi Shavin; Deputy Executive Producer: Julia Weaver. Executive Producer: Nicole Beemsterboer.

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Longtime former Chair of the Federal Reserve of the United States Alan Greenspan had died at 100. We're bringing you some of our coverage from Bloomberg's News Now, covering the latest global business stories around the world.

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There’s a lot to unpack with AI right now — everything from its potential impacts on the labor market and society to more extreme questions about existential risk. Anthropic, which builds frontier models like Mythos, Fable, and Claude, is actively grappling with these issues, including whether governments should limit AI development. Just last week, the Trump administration forced Anthropic to block foreign access to its two leading models. In this episode, Odd Lots co-hosts speak with Jack Clark (co-founder and head of public benefit) and Peter McCrory (head economist) about how Anthropic approaches safety and economic risks. We talk about its preparations for recursive self-improvement, the engineers it's hiring now, and why Jack left Bloomberg to enter the early AI industry.

Read more:
Anthropic Lays Out Vision for How to Bolster AI Models’ Safety
Microsoft Makes Big AI Inroads in China by Selling OpenAI Models

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Everlane, the sustainability-focused basics clothing brand, is being acquired by Shein, the e-commerce giant known for fast fashion. To Bloomberg’s Amanda Mull, the sale reflected how far consumers are or aren’t willing to go to shop their values—and marked Everlane as the latest direct-to-consumer company to struggle.

On today’s Big Take podcast, we hear from Mull, Everlane shoppers and the brand’s co-founder Michael Preysman, to understand where the company went wrong and what its sale could mean for the future of retail.

Read more:

• E-Commerce Giant Shein Buys Apparel Brand Everlane, Reports Say
• Quince’s Best-Kept Secret Isn’t Its Cheap Cashmere and Couches

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Hosted by Sarah Holder; Produced by Laura Newcombe and Julia Press; Reported by Amanda Mull; Edited by Tracey Samuelson.

Fact-checking by Victor Swezey; Engineering by Alex Sugiura.

Senior Producer: Naomi Shavin; Deputy Executive Producer: Julia Weaver. Executive Producer: Nicole Beemsterboer.

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New Yorkers turned out by the thousands on Thursday to celebrate the Knicks’ first NBA Finals victory in 53 years. But Jalen Brunson and co. weren’t the only big winners.

On today’s Big Take podcast, Jason Kelly – host of Bloomberg’s The Deal With Alex Rodriguez and Jason Kelly – and business of sports reporter Randall Williams tell Sarah Holder about the business side of the most-watched NBA finals since 1998, and how the series bolstered the fortunes of everyone from merch sellers and New York bars to, of course, the NBA itself.

Read more: NY Knicks Fans Pay $950 to Hold Spots at Free Parade

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Hosted by Sarah Holder; Produced by Rachael Lewis-Krisky with assistance from Victor Swezey; Reported by Jason Kelly and Randall Williams; Edited by Jeffrey Grocott.

Fact-checking by Laura Newcombe and Victor Swezey; Engineering by Emma Munger.

Senior Producer: Naomi Shavin; Deputy Executive Producer: Julia Weaver. Executive Producer: Nicole Beemsterboer.

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The US Federal Reserve left interest rates unchanged in their first meeting under new Chairman Kevin Warsh today. The policy makers were split on whether they expect to raise rates this year, and Warsh himself declined to submit a forecast.

Warsh also held his first, highly anticipated press conference. Bloomberg’s Enda Curran was there and joins host David Gura to talk through big changes at the US Federal Reserve.

Read more: The Fed’s New Dot Plot After Its June Policy Meeting

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Hosted by David Gura; Produced by Julia Press and Rachael Lewis-Krisky; Reported by Enda Curran; Edited by Jeffrey Grocott.

Fact-checking by Laura Newcombe and Victor Swezey; Engineering by Alex Sugiura.

Senior Producer: Naomi Shavin; Deputy Executive Producer: Julia Weaver. Executive Producer: Nicole Beemsterboer.

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An interim deal to reopen the Strait of Hormuz offers relief, but Asia’s economic woes are far from over. Beyond the chokepoint, the conflict has forced long-lasting shifts in Asia’s food and energy flows.

On today’s Big Take Asia podcast, Oanh Ha joins Odd Lots co-hosts Tracy Alloway and Joe Weisenthal to discuss why Asia is reeling from the conflict and what the “new normal” looks like for global supply chains.

Hosted by Oanh Ha; Produced by Yang Yang; Reported by Tracy Alloway, Joe Weisenthal; Edited by Patrick Hirsch, Julia Weaver.

Fact-checking by Laura Newcombe; Engineering by Taka Yasuzawa.

Senior Producer: Naomi Shavin; Deputy Executive Producer: Julia Weaver. Executive Producer: Nicole Beemsterboer.

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After nearly four months of fighting, the US and Iran have declared a memorandum of understanding aimed at halting hostilities between the two sides and reopening the Strait of Hormuz. Oil fell and stocks rose on the announcement that the conflict could soon be over, but a lack of details and ongoing fighting between Israel and Iran’s proxies in Lebanon have left many wondering if this is just a temporary reprieve.

On today’s Big Take podcast, Sarah Holder and Bloomberg National Security Editor Nick Wadhams look at what each side wants in a deal, how Israel fits into the equation and what to watch for ahead of the formal signing on June 19 in Switzerland.

Read more: Netanyahu Pays the Political Price for Iran Gambit With Trump

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Hosted by Sarah Holder; Produced by Rachael Lewis-Krisky; Reported by Nick Wadhams; Edited by Jeffrey Grocott.

Fact-checking by Laura Newcombe, Julia Press and Victor Swezey; Engineering by Alex Sugiura.

Senior Producer: Naomi Shavin; Deputy Executive Producer: Julia Weaver. Executive Producer: Nicole Beemsterboer.

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