Podcast: The home of the grift

Plus more great stories from Businessweek ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Welcome to the Saturday edition of Businessweek Daily, featuring the Everybody’s Business podcast. Let us know what you think by emailing the editor. If this newsletter was forwarded to you, click here to sign up. The US economy is truly a thing of wonder: It’s the largest, richest economy ever to exist in the world. Foundational to its success is the idea that anybody can make it, as long as they have grit and innovation and are willing to put in the work. But the great US economic machine can feel a little bit rigged at moments. When the country has minted its first trillionaire, the middle class is disappearing, and the president is making millions on his own crypto coin, it can seem as if the American dream is its own kind of grift. This week on Everybody’s Business, hosts Stacey Vanek Smith and Max Chafkin explore some of the biggest swindles in the economy as part of our special series on grift. Bloomberg Opinion senior executive editor Timothy L. O’Brien joins the show to talk about his column on Donald Trump, which explores the myriad ways the Republican and his family have profited off the presidency, from tungsten mines to “Trump coins.” Plus: Bloomberg News senior reporter Randall Williams talks about what went right at the World Cup, and Businessweek food columnist Deena Shanker goes on a journey to answer a listener question about Triscuits. Listen and subscribe on Apple, Spotify, iHeart and the Bloomberg Terminal. Everybody's Business How to Profit off a Presidency More Weekend Reads on Grift Credit card holders are using an old consumer protection tool to get back at retailers. Skimpflation is how brands sneak in cheaper ingredients to protect their profit margins. A famous author offered to help my career. Or did she? Scambaiting is one way the fed-up masses are dealing with a flood of fraud. There are seemingly no limits to what we will do to get a good night’s sleep. Marketers know that. Donald Trump and his family are setting a new standard for how to profit off a presidency. Job hunters are using AI to cheat in interviews and are failing at the office. Need help? Here’s a very modern guide to avoiding AI-supercharged scams. Featured in Bloomberg Businessweek, August 2026. Subscribe now. Photo illustration: Justin Metz for Bloomberg Businessweek Play Alphadots! Our daily word puzzle with a plot twist. Today’s clue: Brief board meeting? Play now! We’re improving your newsletter experience and we’d love your feedback. If something looks off, help us fine-tune your experience by reporting it here. Follow Us You received this message because you are subscribed to Bloomberg’s Businessweek Daily newsletter. If a friend forwarded you this message, sign up here to get it in your inbox. Unsubscribe Bloomberg.com Contact Us Bloomberg L.P. 731 Lexington Avenue New York, NY 10022 |