12h ago
2025 was a wild year for the U.S. economy. Tariffs transformed the global economy, consumer sentiment hit near-historic lows, and the stock market hit scary, spooky, blood-curdling new heights! So … which of these economic stories defined the year? Our hosts from Planet Money and The Indicator duke it out during our annual … Family Feud! Tell us who you think has THE indicator of the year by emailing us at indicator@npr.org . Put “Family Feud” in the subject line. Related episodes: The Indicators of this year and next This indicator hasn’t flashed this red since the dot-com bubble What would it mean to actually refund the tariffs? For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Corey Bridges. Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
1d ago
After a firehose of economic news in 2025, we wanted to check back on some of the people we’ve heard from on our show. Today, we check in with a former federal employee caught in the Trump administration's wood chipper, a Louisiana shrimper on Trump’s tariffs and an update on a financial aid scam. Related episodes: Why do shrimpers like tariffs? What’s the long-term cost of federal layoffs? A big bank’s mistake, explained For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
2d ago
Absent a holiday miracle, premium subsidies for the Affordable Care Act are set to expire at the end of this year. This will greatly increase the cost of health insurance for many who rely on the marketplace for their coverage. Today on the show, we are visited by the ghosts of Obamacare past, present and future to learn what’s next for this landmark healthcare legislation. Related episodes: Is Obamacare doomed without extended subsidies? The hidden costs of healthcare churn How doctors helped tank universal healthcare For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
3d ago
The One Big Beautiful Bill Act made a lot of changes to the federal student loan system. One of those changes put a new cap on the amount of loans students in graduate school can take on. Today on the show, we explain the theory behind this change and how it could impact the broader labor market going forward. Related episodes: The Market For Student Loans Here's why Black students are defaulting Student loans are back, U.S. travel is whack, and AI — please, step back For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
4d ago
Cities like Austin and Atlanta used to top lists of places people moved to looking for relatively affordable places to live. Until, one day, they weren’t that affordable. On today’s show, how a low cost of living is threatened by growth, and how one sunbelt city in Alabama is planning ahead. Related episodes: Why Americans don’t want to move for jobs anymore How to build abundantly How big is the US housing shortage? The highs and lows of US rents For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Dec 12
It’s … Indicators of the Week! Our weekly look at some of the most fascinating economic numbers from the news. On today’s episode: Nvidia chips OK’d for China, a sticky frozen Russian asset situation, and a lot of you seem to be stealing from self-checkout. Related episodes: The tower of NVIDIA How to get Russia to pay Ukraine Why the U.S. cut China off from advanced chips For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez and Corey Bridges. Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Dec 11
You may be familiar with the AI-fueled stock market boom. Well, former International Monetary Fund Chief Economist Gita Gopinath warns it could mirror the dot-com boom of the late 1990s. But worse. She calculates a similar crash could erase $35 trillion in global wealth . Today on the show, what would that mean for the US and global economies? Related episodes: This indicator hasn’t flashed this red since the dot-com bubble Open AI’s deals are looking a little frothy For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Dec 10
If you want to make Bitcoin, you need powerful computers and a lot of energy. Well, it turns out the same infrastructure needed for Bitcoin mining is pretty valuable in the era of AI. Today on the show, why some miners are starting to throw in the towel on crypto in favor of supporting AI infrastructure. Related episodes: Whose financing Meta’s massive AI Data Center? This indicator hasn’t flashed this red since the dot-com bubble For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Dec 9
Federal Reserve is meeting to make its interest rate decision after the government shutdown delayed key economic data. Today on the show, we talk to the former Vice Chair of the Fed, Lael Brainard, about what she would do with interest rates in this critical yet foggy economic moment. Related episodes: A little doomsday feeling is weighing on the economy Can ... we still trust the monthly jobs report? For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Dec 8
In November, the U.S. stopped production of the humble penny after 232 years in circulation. On today’s show, a former U.S. Mint director shares the fiscal math that doomed the penny, and an artist pay tribute to this American icon. View more of Robert Wechsler’s artwork here . Related episodes: What’s the deal with the platinum coin? For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Corey Bridges. Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Dec 5
It’s … Indicators of the Week! Our weekly look at some of the most fascinating economic numbers from the news. On today’s episode: A big goshDRAM memory problem, a holiday spending mystery, and apartment rental prices … decline?! Related episodes: The highs and lows of US rents Taking the temperature of the US consumer We Buy A Lot Of Christmas Trees For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Corey Bridges and Julia Ritchey. Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Dec 4
It is a special edition of the Beigies Awards where one regional Federal Reserve Bank will receive lifetime achievement recognition. Today on the show, we speak to its President about the value of economic anecdotes. Related episodes: What keeps a Fed president up at night Using anecdotes to predict recessions For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Tyler Jones. Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Dec 3
Sanae Takaichi was sworn in as Japan’s first female prime minister a little over a month ago, and she’s already making waves in the East and West. The first priority for the people of Japan is if her government can fix the country’s cost-of-living problem. Today on the show, we break down what Sanaeonomics could mean for the Land of the Rising Sun. Related episodes How Japan is trying to solve the problem of shrinking villages Japan had a vibrant economy. Then it fell into a slump for 30 years For sponsor-free episodes of The Indicator from Planet Money , subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Dec 2
Tariffs are bringing in some serious cash into the US Treasury’s pocket. The problem with that money is that it may need to be refunded. A case in front of the Supreme Court could declare several of Trump’s tariffs illegal, which would prompt a return of billions of dollars. Today on the show, we look at how that would work and why the process will likely not be easy. Related episodes: Three ways companies are getting around tariffs Days of our tariffs For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Dec 1
Why can't the US be like Europe, Japan or India—countries that all have extensive passenger train systems? On today's show, why the US chose not to. We learn why, despite this, US railroads could still be worth bragging about. Related episodes: What happens when railroads get hitched How three letters reinvented the railroad business For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Nov 26
Public sector economics is a fundamental piece of the discipline. So we wanted to give our hosts an opportunity to put their knowledge to the test in a game we’re calling Indicator Quizbowl. Today on the show, Wailin and Darian go head to head to see who the bigger public policy nerd is. Related episodes: Could cash payments ease recessions? A trap-loving DJ takes on economics For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Nov 25
In a rural pocket of northeastern Louisiana, Meta is building a $30 billion data center called Hyperion. But it’s not being completely financed with Meta’s own money. Today on the show, the opaque system of AI data center financing and why it’s fueling fears of a bubble. Related episodes: OpenAI’s deals are looking a little frothy No AI data centers in my backyard! What $10B in data centers actually gets you For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Nov 24
President Trump has said he’d try to get more Argentine beef into the U.S. So who would actually do the buying? That’s a general theme with a lot of these trade deals — big numbers but vague details. When China says it’ll buy more soybeans, is it the government or companies that does the buying? When South Korea promises to invest in American shipyards, who’s actually doing that? Today on the show, we dig into two questions from listeners and hear directly from an Argentine butcher. Related episodes: Why beef prices are so high How the South is trying to win the EV race For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Nov 21
It’s … Indicators of the Week! Our weekly look at some of the most fascinating economic numbers from the news. On today’s episode: the effects of pay transparency , Meta’s big win, and freaky flies and beef. Related episodes: Are we entering a new dawn for antitrust enforcement? Why beef prices are so high For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Nov 19
When people lose their homes to wildfire, hurricanes or flooding, they're eager to rebuild. But scammers are also ready to take advantage. On today’s show, the lucrative business of contractor fraud and advice on how to avoid them. Related episodes: An indicator lost: Big disaster costs When insurers can’t get insurance Selling safety in the fight against wildfires For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Corey Bridges. Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Nov 19
Foreign automakers already have huge assembly plants in the U.S., but lots of parts and materials come from overseas. To avoid costly tariffs, they gotta buy American. But … How does one meet those suppliers? How do you build a new relationship with them? The answer: Speed dating. Related episodes: The old trade war that brought foreign carmakers to the U.S. Tariffs: What are they good for? For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Tyler Jones. Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Nov 18
The U.S. labor market is stagnant right now, with little hiring and lots of people holding onto their jobs for dear life. In Denmark, there’s a different kind of labor system where it’s easy for employers to hire and fire, but at the same time people have a strong safety net in-between jobs. Today on the show, we learn how “flexicurity” works through the story of a Danish woman who left her job, and we ask how the model could work in the U.S. Related episodes: Why do we live in unusually innovative times? How Marxism went from philosophy to cudgel Ozempic's biggest side effect: Turning Denmark into a 'pharmastate'? For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Tyler Jones. Translation from Jasmine Lolila. Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Nov 17
Ever put in the winning bid for something on an auction site only to realize you significantly overpaid? Yeah, there’s a phrase for that. On today’s show: the winner’s curse. Richard Thaler’s new book with Alex O. Imas is The Winner’s Curse: Behavioral Economics Anomalies, Then and Now . Read Planet Money’s newsletter on the winner’s curse . For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Nov 14
It’s … Indicators of the Week! We look at some of the most fascinating economic numbers from the news and bring them to you. On today’s episode: The cost of living is outstripping wage growth for most of us, the math behind the Trump administration’s proposed 50-year mortgages, and how we’re just giving Uber and Lyft free money . Related episodes: Trump's plans for the housing market The Money Illusion: Have Americans really gotten a raise? For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Nov 13
The U.S. is committed to bailing out Argentina to the tune of $20 billion using a little known mechanism called the Exchange Stabilization Fund. On today’s show, what is this fund, why was it created and does Argentina have any hope of paying it back? Related episodes: Dollarizing Argentina For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Nov 12
The U.S. Supreme Court may soon rule on President Trump’s favorite tariff law. It could render them moot, but that doesn’t mean the end of tariffs. On today’s show, we explain the president’s back-up options for imposing tariffs. Related episodes: Are Trump’s tariffs legal? Worst. Tariffs. Ever. Three ways companies are getting around tariffs For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Nov 11
The World Cup is coming up, and it’s going to cost a pretty penny if you are hoping to attend. Today on the show, we talk to NPR Senior Business editor and World Cup superfan about why the 2026 World Cup will likely be the most expensive in history and why even finding a ticket is more difficult. Related episodes: Peacock, potassium and other Paris Olympics Indicators Why the Olympics cost so much You can't spell Olympics without IP For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Nov 10
France has one of the most generous pension systems in the world. But several governments there have collapsed over questions about how the government will fund it. All over the world, aging populations are forcing governments to rethink their assumptions. Today on the show, what France’s political fiascos teach all of us about the economics of an aging population, and what a retirement expert’s ideal retirement system might look like. Mercer CFA Institute Global Pension Index 2025 Related episodes: What would it take to fix retirement? What does the next era of Social Security look like? When Retirement Advice Goes Viral For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Nov 7
There’s one job that gets all the attention during a government shutdown: air traffic controllers. Today on the show, we spotlight why this job has taken on outsize political influence and one controller’s experience during the longest shutdown on record. For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Tyler Jones. Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Nov 6
The “Shiller PE Ratio” is at its highest level since November of 1999. That was at the peak of the online gold rush right before the dot com bubble burst in 2000. Today on the show, we learn what the Shiller PE Ratio is, how it works and whether we should be worried that it’s relatively high right now. You can find John Campbell's book here: Fixed: Why Personal Finance is Broken and How to Make It Work for Everyone Related episodes: What’s a Bubble? Zombie 2nd mortgages are coming to life, threatening thousands of Americans' homes For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Tyler Jones. Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Nov 5
Russia’s been subject to more than 5,000 sanctions since its invasion of Ukraine. Yet many purported allies of Ukraine are still getting Russian oil — directly or indirectly. On today’s show, how governments are straddling the fence and skirting their own sanctions. Related episodes: How the ‘shadow fleet’ helps Russia skirt sanctions For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Nov 4
Last month, the Trump administration asked Apple to remove an app from its App Store that crowdsourced sightings of Immigration and Customs Enforcement agents. Today on the show, we explain what an ongoing legal battle involving the developer of the video game Fortnite has to do with Apple’s latest move to comply with the Trump administration. Related episodes: How Fortnite brought Google to its knees The DOJ's case against Apple Apple v Everybody For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Nov 3
Companies are starting to use AI to interview potential employees. Sound creepy? Well, a new study suggests it might not be all bad.. Today on the show, we look at why a job interview with AI might be preferable to one with a human. And Adrian gets grilled by an AI job recruiter named “Anna.” Related episodes: AI creates, transforms and destroys … jobs Fighting AI with AI For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Oct 31
It’s … Indicators of the…Eek! (Indicators of the Week.) Our regular look at some of the most fascinating economic numbers from the news. On today’s episode: How cell phone bans in schools affect grades , white collar workers get the axe , and AHHH! Halloween candy inflation ! Related episodes: Are you afraid of inflation? A finance fright fest For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Julia Ritchey and Corey Bridges. Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Oct 30
China and India have a long, complicated history. Just a few years ago, there was a spate of armed skirmishes between the two nations. And yet, there are signs of warming relations amidst President Trump’s ongoing trade war. Today on the show, is that trade war pushing India toward China? And what could happen if two of the world’s largest economies come together? Related episodes: China’s trade war perspective What might save China's economy Is the US pushing countries towards China? For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Oct 29
Health insurance subsidies are at the center of the current government shutdown. Democrats want to extend some expiring Affordable Care Act/Obamacare subsidies. Obamacare has weathered several political storms since its inception, but how will it fare without those subsidies? Today on the show, death spirals and the future of Obamacare. Related episodes: The hidden costs of healthcare churn How doctors helped tank universal healthcare For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Oct 28
Republican politicians like to use the term ‘Marxist’ to criticize Democrats. Lately, they’ve dubbed New York City mayoral candidate a ‘Marxist’ despite him identifying himself as a democratic socialist. Today on the show, we dig into what ‘Marxism, as an economic term,’ actually means. Related episodes: Socialism 101 Even the facts are polarized For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Oct 27
It’s hard for young tech workers to find a job, even with the AI buildout bonanza. This has spawned a curious worldview that fears AI is coming for our jobs and a drive to be at the top of the AI food chain. This, tech writer Jasmine Sun believes , is revealed in the emerging dialect of Silicon Valley tech workers. Today on the show, San Francisco slang. Jasmine Sun takes us on a tour of high-agency 996ers and NPCs to see what it could mean for our present and our future. Related episodes: No AI data centers in my backyard! How much is AI actually affecting the workforce? For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Oct 24
It’s … Indicators of the Week! Our weekly look at some of the most fascinating economic numbers from the news. On today’s episode: the Amazon global internet outage, Americans plan to siphon their Social Security checks early, and Mann, we love some Heat 2. Related episodes: What does the next era of Social Security look like? Why aren't filmmakers shooting in LA? For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Julia Ritchey Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Oct 23
Ticketmaster's CEO says that concert tickets are underpriced. But from inflation to bots to unscrupulous resellers, the market for tickets feels out of control to many fans. Can anything be done? Today on the show: Ticket resellers, a new law in Maine, and a T-shirt cannon. Related episodes: Ticket scalpers: The real ticket masters Ticketmaster's dominance, Caitlin Clark's paycheck, and other indicators For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Oct 22
In the rush to power AI, data centers are popping up in small communities across the U.S. But a growing backlash against this build-out is pitting communities against developers over energy prices and water use. Today on the show, one Michigan community’s fight to stop a data center and what it means for Big Tech. Related episodes: What $10B in data centers actually gets you Is AI overrated or underrated? For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Oct 21
Quarterly earnings reports are a long-standing requirement for public companies in the U.S. But the Trump administration wants to axe quarterly releases and just release them twice a year. And there is evidence to suggest this could be better in the long run for companies and investors. On today’s show, we look at the potential benefits and trade-offs of changing how often companies report their financial results. Related episodes: Can shareholders influence Elon Musk’s trillion dollar pay package? For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Oct 20
Since 2020, the cost of veterinary care has increased about 40%—almost twice the rate of inflation. As a result, many pet owners say they've skipped necessary vet care. So, what's going on here? A veterinarian, and a lesser-known economic theory, have some answers. Related episodes: The Vet Clinic Chow Down What Do Private Equity Firms Actually Do? For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Oct 17
It’s … Indicators of the Week! Our weekly look at some of the most fascinating economic numbers from the news. On today’s episode: Frozen and canceled federal dollars, America’s intensifying tit-for-tat with China, and a sloppy trend infiltrating the music business. (With a pocket full of shells.) Related episodes: China's trade war perspective Fighting AI with AI For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by C orey Bridges. Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Oct 16
There have been many headline-grabbing AI deals recently: Nvidia investing up to $100 billion in OpenAI. OpenAI promising to buy $300 billion worth of computing power from Oracle. Oracle buying tons of chips from Nvidia. But … where’s the money coming from? Is all this AI overhype … a bubble? On today's show, how money flows in the AI hyperscaling flood. Related episodes: Is AI overrated? Is AI underrated? The messy human drama behind OpenAI For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Oct 15
From drones to body armor to bulletproof whiteboards, companies are offering schools a multitude of products to try to deter or protect against the next school shooting. But does any of this stuff work? On today’s show, a look inside the school shooting industry. What's for sale and the psychology behind the growing industry. Related episodes: Why are so many public schools closing? For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Oct 14
For most of human history, economic growth was, well, pretty bleak. But around the Enlightenment, things started clicking. This year's Nobel Memorial Prize in Economic Sciences went to a trio of researchers whose work focuses on how technological progress led to this sustained economic growth. Today we hear from one of them, Joel Mokyr, about his work on European economic history. Related episodes: Why are some nations richer? (2024 Economics Nobel) A conversation with Nobel laureate Claudia Goldin (2023 Economics Nobel) When Luddites attack (Update) (Featuring Joel Mokyr) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Oct 10
As Vice Week wraps up here at The Indicator, we wanted to take a slightly different perspective on the evolving business of crime and take a look at TRUE crime. As in the genre. Because look, people are obsessed with it! Today on the show, our hosts favorite pieces of true crime content. Darian Woods: The Economist’s Scam Inc . Wailin Wong: Wednesday Journal’s A tangled mess Adrian Ma: Philadelphia Inquirer’s Dime Heist story Related episodes: Fighting AI with AI What’s supercharging data breaches? When cartels start to diversify For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Oct 9
Market manipulation is an age-old issue. People trying to make money off unsuspecting investors by artificially influencing the price of a stock, say. But what happens when the one manipulating markets isn't human? This week on The Indicator from Planet Money, we bring you five episodes digging into the evolving business of crime. Today on the show, we hear how AI could spell mischief for the markets, and why the law is already behind in preventing it. Related episodes: How much is AI actually affecting the workforce? Shorters Gonna Short For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Oct 8
The Sinaloa Cartel made the bulk of its money on cocaine. But cartels are diversifying into new operations including things like wildlife trafficking. Think sharks, jaguars, capybaras. The result is something called “narco-degradation.” On today’s show, we look at what’s driving cartels beyond drugs and how this is wreaking havoc on ecosystems in Central America. Related episodes: Can breaking the law be good for business? Waste Land Will Economic Growth Destroy the Planet? For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Oct 7
It may seem like data breaches have gotten a heck of a lot more common. Well, there’s something to that. The bad guys are getting badder faster than the good guys are getting better. This week, we’re bringing you five episodes on the evolving business of crime. Today on the show, we look at why the evolution of data breaches has been supercharged and why you don’t have to be a hacker to get into the game. Related episodes: Are data breaches putting patients at risk? So your data was stolen in a data breach For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez and Tyler Jones. Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Oct 6
With only several seconds of audio, someone can clone a victim’s voice, call their bank, and potentially get access to … everything. Vocal deepfakes have gotten very good, but so has the technology to fight back. This week on The Indicator we're gonna bring you a special series on the evolving business of crime. In this episode, we hear from the company helping banks beat deepfakes, and we learn about the efforts to protect us all from AI voice fraud. Related episodes: Can you copyright artwork made using AI? AI creates, transforms and destroys... jobs For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Oct 5
Crime doesn’t resemble the old days. A deepfake of your voice can be used to convince a relative you need money. AI bots are capable of colluding in financial markets. There are seemingly countless new strategies of making data breaches more common. This week on The Indicator from Planet Money , we bring you five episodes digging into the evolving business of crime. For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Oct 3
Americans are moving at record lows for work. What’s driving people to, well, not drive cross-country for jobs? On today’s Jobs Friday, we explore the rising homebody economy. Related episodes: Can … we still trust the monthly jobs report? Why moms are leaving their paid jobs How the end of Roe is reshaping the medical workforce For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Corey Bridges. Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Oct 2
We have seen a blurring of boundaries between government and business under President Trump. It has some political commentators ringing the alarm bell over something called “crony capitalism" — a corrupt system where political power meets big business. Today on the show, is the Trump administration nudging the U.S. further down the road toward crony capitalism? Related episodes: China’s trade war perspective For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Oct 1
Gold is on fire right now with some gold ETFs outperforming the major stock indexes over the past 12 months. Gold is supposed to be boring, an inflation hedge. But right now, it's responding to something else. Today on the show, we talk to a finance professor about what’s behind the current gold rush and if gold’s hot streak is built to last. Understanding Gold by Claud B. Erb and Campbell R. Harvey Related episodes: A new-ish gold rush and other indicators Gold Rush 2.0 A secret weapon to fight inflation For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Sep 30
Earlier this month, President Donald Trump announced a $100,000 fee on new H-1B visa petitioners. Today on the show, we talk to an economist about how much H-1B visa holders have contributed to US growth, their effects on American-born workers, and why the United States’ competitors are taking advantage of this moment. Related episodes: How much international students matter to the economy The precarity of the H-1B work visa Could foreign workers unlock America's tight labor market? For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Sep 29
Jimmy Kimmel’s brief departure from the airwaves triggered a wave of debate over free speech. Partly triggering his suspension was the government threatening to leverage its power over pending media deals. That’s in part due to a piece of decades-old legislation. Today on the show, we look at how the Telecommunications Act of 1996 set the stage for government meddling and corporate capitulation. Related episodes: Breaking up big business is hard to do Mergers, acquisitions and Elon’s “rude” proposal For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Sep 26
It’s Indicators of the Week! It is that show where we parse the most fascinating financial numbers in the news and bring them to you. On today's show: Argentina needs a bailout, Microsoft’s new way to cool data centers, and retail hiring is not looking like it’s in the holiday spirit. Related episodes: A radical plan to fix Argentina's inflation What $10 billion in data centers actually gets you For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Sep 25
Secretary of Health and Human Services Robert F. Kennedy Junior says doctors are pushing vaccines onto their patients in order to make profits. Healthcare in the US is a business … but does that mean that doctors actually make money on vaccines? Today on the show, we talk with doctors who explain the financial reality behind vaccines and how RFK Jr’s words and actions could harm public health. Related episodes: More for Palantir, less for mRNA, and a disaster database redemption arc What is a 'freedom economy'? For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Tyler Jones. Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Sep 24
Faced with declining enrollment, public school districts across the country are rethinking how many schools they can run. Fewer students often means less government funding, forcing schools to cut services. Yet school closures can disrupt communities and have negative effects on learning. On today’s show, the tough calculus parents and schools confront. Related episodes: Why ‘free’ public education doesn’t always include school supplies A food fight over free school lunch The evidence of school vouchers that’ll please nobody For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Sep 23
When you walk into a store, you're probably used to seeing price tags on things, saying what they cost. But when you shop online, there is no price tag. There's just the price you see on screen. What if companies use your online data — like your location and browsing history — to charge you more than somebody else … or maybe less? Today on the show: Surveillance pricing vs. personalized pricing. Related episodes: Is dynamic pricing coming to a supermarket near you? Wendy's pricing mind trick and other indicators of the week For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Sep 22
Los Angeles is synonymous with car culture. But now that it's hosting the 2028 Olympics, could that be changing? On today's show, LA's public transit building bonanza, and why some worry the new infrastructure will benefit tourists more than locals. Related episodes: Why the Olympics cost so much Why building public transit in the US costs so much For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Sep 19
It’s … Indicators of the Week! Our weekly look at some of the most fascinating economic numbers from the news. On today’s show: A rate cut and drama at the Federal Reserve, the average American gets a little less creditworthy, and those giant check sweepstakes winners? Well, they might have to get a job soon. Related episodes: Why an aggressive rate cut could backfire on Trump Trump's unprecedented attack on the Fed What goes into a credit score? For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Sep 18
Back-to-school supplies are getting more expensive … so why are parents and teachers at public schools expected to foot the bill? Today on the show: An economist explains how the cost of school supplies fits into the larger history of public school funding, and what one school district is doing differently. Related episodes: A food fight over free school lunch Mailbag: Children Edition For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Sep 17
There has been an inordinate amount of trading activity recently in the crypto markets. But what if much of that activity was an illusion? A smokescreen? A fraud? Today on the show, we look at the practice of wash trading, and how it’s evolved in the crypto world. Related episodes: The fake market in crypto For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Sep 16
The Federal Reserve is expected to make a modest cut to interest rates this week of about a quarter or half a percentage point. President Trump, however, believes they should take a far more aggressive approach: a 3-percentage point cut. Today on the show, we examine what a 3-percentage point cut would actually look like, and why that outcome would likely backfire on the president. Related episodes: It's hard out there for a Fed chair Should presidents have more of a say in interest rates? Can the Federal Reserve stay independent? For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Sep 15
Beef is getting more expensive, and it doesn’t look as though that’s going to change any time soon. That’s the view of the Federal Reserve Bank of Dallas, which wrote in its Beige Book entry this month that the trend of rising beef prices continues. There’s solid demand for beef, but falling supply, as production decreases. Ranchers are making more per cow, but their costs are rising. We speak with a rancher in Wyoming to learn what high beef prices mean for him and other ranchers. Related episodes: What happened to US farmers during the last trade war How USAID cuts hurt American farmers For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Sep 12
It’s … Indicators of the Week! Our weekly look at some of the most fascinating economic numbers from the news. On today’s episode: the concept of capitalism is cooling in American minds; the U.S. policies behind the Hyundai ICE raid; and an influential family’s succession saga comes to a thrilling (and expensive!) conclusion. Related episodes: Salvaging democratic capitalism, with Martin Wolf How to pass on a global media empire For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Sep 11
We’ll never leave your messages unread. On today’s show, we open the inbox to hear from Indicator listeners about why seasoned software developers might have more AI-proof jobs, and an idea for how to improve accreditation for crime labs . Got a question, comment on a recent show or idea for an episode? Send us a message at indicator@npr.org . Related episodes: Tech layoffs, recession pop and more listener questions answered Mail bag! Grad jobs, simplified branding and central bank independence For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Sep 10
Tesla’s board of directors recently proposed a pay package for CEO Elon Musk that could pay him about a trillion dollars if he meets certain goals. It’s not a done deal yet—Tesla shareholders will vote on the proposal at the company’s annual meeting in November. But just how much of a say do shareholders actually have in that decision? Or any decision? Today on the show, we look at what it takes for a shareholder to get their voice heard and how this may be changing under the Trump administration. Plus we talk to one Tesla investor agitating for changes at the company. Related episodes: An epic proxy battle comes to Hasbro Elon Musk and the fear of the activist investor Impact investing, part 1: Money, meet morals Impact investing, part 2: Can money meet morals? For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Sep 9
Animals are going extinct at an alarmingly fast rate, largely due to human activity. Same for plants. This is bad for all kinds of reasons, not least of which is that breakthrough drugs often come from nature. But there isn’t consensus on how to save these species. Part of the debate asks the economic question: with limited money going to the work, where will it have the most impact? Today on the show, the cost-effective plan to maximize biodiversity that asks ecologists to approach the question more like economists. Related episodes: The Habitat Banker The echo of the bison Savings birds with economics For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Sep 8
Behavioral scientist Jon Levy’s new book — Team Intelligence: How Brilliant Leaders Unlock Collective Genius — argues that, in the workplace, leadership is overrated and teamwork is underrated. Today on the show: How super chickens and NBA All-Stars demonstrate the perils of individual performance. Related episodes: Why women make great bosses The Virtual Office The Science of Hoops For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Sep 5
Moms are quitting — or getting pushed out. Workforce participation for mothers in the U.S. has been dropping for most of this year, and the reasons are more complicated than return-to-office mandates. Today on the show, we talk to moms about why they left their jobs and to economist Misty Heggeness , who has studied the phenomenon. Find more of Misty’s research here . Related episodes: How insurance is affecting the cost of childcare Women, work and the pandemic That time America paid for universal daycare For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Sep 4
There’s been a lot of big talk about how artificial intelligence is going to replace white collar workers. But what data do we actually have around AI’s impact on the workforce? Today on the show, we speak to an expert who has measured one aspect of these changes. She tells us how this moment in AI compares to the Industrial Revolution. Related episodes: AI creates, transforms, and destroys… jobs The golden ages of labor and looms For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Sep 3
In late July, President Trump signed an executive order to get rid of de minimis, a kind of a loophole where packages valued less than $800 could come into the US without tariffs. Last week, post offices from India to Austria to France suspended some types of packages to the US. We speak to an Australian jewelry maker, a logistics expert and an economist to learn how this is changing shopping in America. Related episodes: Three ways companies are getting around tariffs What olive oil tells us about Trump's tariffs What is Temu? For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Cooper Katz McKim. Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Sep 2
A booming underground vape market is thriving. It’s unapproved, unregulated, and risky. Today on the show, we hear from The Atlantic’s Nick Florko to dig into why illegal vapes have flooded the U.S., and what’s at stake. Related episodes: The vapes of wrath How sports gambling blew up For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Aug 29
It’s … Indicators of the Week! Our weekly look at some of the most fascinating economic numbers from the news. On today’s episode: AI shuts out youth from the grind , China leaves U.S. soybeans behind, Gap has the then-and-now in marketing mind. Related episodes: AI creates, transforms and destroys... jobs What do farmers do in a trade war? For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez and Julia Ritchey. Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Aug 28
Trump's tariffs are making business harder for international olive oil producers and it turns out those tariffs are even complicating other parts of the Trump administration's agenda, too. Today on the show: Olive oil and the unintended consequences of Trump's tariffs. Related episodes: Three ways companies are getting around tariffs The legal case for — and against — Trump's tariffs For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Aug 27
Last night, President Donald Trump posted a letter firing Federal Reserve Board Governor Lisa Cook. The reason? She was accused of listing two properties as her primary residences, which potentially gave her more favorable lending terms. This marks another escalation in the president’s battle for control of America’s central bank. We’re publishing our conversation early about whether this is legal, what the Fed might do, and how the Fed’s independence is more fragile than we may think. Related episodes: Should presidents have more of a say in interest rates? Can the Federal Reserve stay independent? It's hard out there for a Fed chair Patent Racism For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Aug 26
Businesses are scrambling for ways to minimize the impact of the Trump administration’s global tariff policy. Today on the show, we go over some of the tricks and legal loopholes that companies are employing to get around these sudden import taxes. Related episodes: The legal case for — and against — Trump's tariffs The secret tariff-free zone You told us how tariffs are affecting you For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Aug 25
Copyright is the legal system used to reward and protect creations made by humans. But with growing adoption of artificial intelligence, does copyright extend to artwork that’s made using AI? Today on the show, how a test case over a Vincent Van Gogh mashup is testing the boundaries of copyright law. Related episodes: ‘Let’s Get it On’ … in court Copyright small claims court The alleged theft at th heart of ChatGPT For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Aug 22
It’s … Indicators of the Week! Our weekly look at some of the most fascinating economic numbers from the news. On today’s episode: Job retraining boosts mental health (with more mixed results for romance); the complex picture behind why dinner reservations are down in DC; and the trading platform Robinhood gets into the sports definitely-not-betting game. Related episodes: The cautionary tale of a recovering day trading addict The nepo baby premium, frothing markets, and Apple vs. Apples For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Cooper Katz McKim and Corey Bridges. Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Aug 21
Two freight-rail giants could make history if their $85 billion merger gets approved. Union Pacific’s proposed marriage with Norfolk Southern would create the first coast-to-coast rail network. So why hasn’t it happened before now? Today on the show, the business of train mergers. Related episodes: How Yellow wound up in the red For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Aug 20
There’s been an era-defining race underway between two types of batteries used in electric vehicles: lithium batteries that use cobalt, and ones that use iron phosphate. Cobalt, a metal with a checkered human rights record, has been in the lead. Until recently. Henry Sanderson’s book on the elements that build electric vehicles is Volt Rush: The Winners and Losers in the Race to Go Green . Related episodes: The race to produce lithium How batteries are already changing the grid How batteries are riding the free market rodeo in Texas How EV batteries tore apart Michigan (Update) Batteries are catching fire at sea For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Aug 19
Social media has birthed an entire lexicon replicated by millions online — even if these words don’t actually mean skibidi. On today’s show, we talk to author Adam Aleksic about how TikTok and Instagram's engagement metrics, and viral memes, are rewiring our brains and transforming language at warp speed. Adam Aleksic’s book is Algospeak: How Social Media is Transforming the Future of Language Related episodes: What we’re reading on the beach this summer For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Aug 18
Innovation is crucial for long-term economic prosperity. One area where that’s happening aplenty: medical technology. From a cancer vaccine to an Alzheimer’s blood test to a life-changing exoskeleton, we take you on a tour of the economics of health technology. Related episodes: The hidden costs of healthcare churn ( Apple / Spotify ) More for Palantir, less for mRNA, and a disaster database redemption arc ( Apple / Spotify ) It's actually really hard to make a robot, guys ( Apple / Spotify ) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Voice-over by Greg Hardes. Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Aug 15
It’s … Indicators of the Week! Our rapid run through the numbers you need to know. On today’s episode: John Legend croons; CPI inflation soothes; Same job as mom? You’ll earn more, dude; Apple vs. Apple, a courtroom feud. Related episodes: Why every A-lister also has a side hustle The DOJ's case against Apple The Intergenerational Transmission of Employers and the Earnings of Young Workers Generational Wealth: How High Earners Help Their Children’s Careers For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Aug 14
Seemingly every celebrity has their own brand these days, whether it’s booze (Cameron Diaz, Matthew McConaughey) or cosmetics (Selena Gomez, Lady Gaga) or squeezy food pouches (Jennifer Garner). Today on the show, what is fueling the celebrity business bonanza? We hear from two legendary singers, Lisa Loeb AND John Legend, who are pursuing ventures outside of show business. Related episodes: The celebrity crypto nexus The Olympian to influencer pipeline ( Apple / Spotify ) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Aug 13
Trump’s tax and spending law makes the largest cut in history to one of the nation’s biggest safety net programs. Today on the show, we explore how cuts to the Supplemental Nutrition Assistance Program, also known as SNAP, impacts families and grocery stores alike. Based on the digital story: Independent grocery stores have had a tough five years. SNAP cuts will make it harder Related episodes: Do work requirements help SNAP people out of government aid? When SNAP Gets Squeezed The trouble with water discounts For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Aug 12
Insulin needles. Sleeping bags. Nutella. These are items Arwa Damon’s charity — International Network for Aid, Relief and Assistance — has tried to send to Gaza and Israel has rejected. It’s a glimpse into the harsh reality of a humanitarian crisis with no end in sight. Today on the show, we talk to Damon about the economics of running a humanitarian nonprofit and what’s stopping more aid from reaching Gaza. Related episodes: Why Israel uses diaspora bonds Why the U.S. helps pay for Israel’s military What could convince Egypt to take Gaza’s refugees? For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Aug 11
It's time for our annual beach reading recs. Today we bring you three books, with a little economic learning to boot. Our recs: Who is Government? The Untold Story of Public Service edited by Michael Lewis El Dorado Drive by Megan Abbott Algospeak: How Social Media is Transforming the Future of Language by Adam Aleksic Related episodes: Beach reading with a side of economics How to beach on a budget For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Aug 8
It's ... Indicators of the Week! Our weekly look at some of the most fascinating economic numbers from the news. On today's episode: Palantir crosses a billion dollars in quarterly revenue (what do they actually do again?); mRNA vaccine research gets a big cut in RFK Jr's health department; and a climate disaster database gets a new lease on life. Related episodes: How Palantir, the secretive tech company, is rising in the Trump era An indicator lost: big disaster costs Moonshot in the arm For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez and Cooper Katz McKim. Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Aug 7
President Trump's new round of tariffs took effect today. It will bring in billions of dollars to the government, in part paid for by U.S. importers who can decide whether to pass that cost onto American families. But are these tariffs legal? Today on the show, the arguments for and against the president's tariffs and what happens to that tariff revenue if Trump loses. Related episodes: Trump's tariff role model Dealmaker Don v. Tariff Man Trump Are Trump's tariffs legal? For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Aug 6
Why do revisions to the jobs report happen? Today on the show, we speak with a former Commissioner of the Bureau of Labor Statistics about why revisions occur and how we should interpret the monthly report's actual message. Related episodes: Can we still trust the monthly jobs report? (Update) What really goes on at the Bureau of Labor Statistics (Update) How you're using AI at work For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Aug 5
Since his return to office, President Trump has waged something of a pressure campaign on economic data and the people in charge of delivering it. His firing of the Bureau of Labor Statistics commissioner following a weak jobs report now has some wondering: can we still trust the official numbers? Today on the show, we're resharing our conversation with former BLS commissioner, Erica Groshen on her current fears for the integrity of government data. The original version of this story aired March 7, 2025. Related: What really goes on at the Bureau of Labor Statistics? (Update) ( Apple / Spotify ) Would you trust an economist with your economy? ( Apple / Spotify ) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Aug 4
On Friday, we reported on the latest jobs numbers from the Bureau of Labor Statistics, which showed weaker than expected growth. On Friday afternoon, President Trump fired the person in charge of those numbers. The monthly jobs report is a critical tool for the economy, used by businesses to make decisions and the Federal Reserve to set rates. So how exactly are those figures collected? Today, we're re-airing our behind-the-scenes look at how the BLS puts together the jobs report ... one call at a time. This show originally aired June 6, 2022. Related: Can we trust the monthly jobs report? Would you trust an economist with your economy? For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez and Corey Bridges. Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Aug 1
AI is a hot topic for both employers and employees in the workforce. That's why we wanted to hear from our listeners about how they are using AI at work. Today on the show, we explore the good, the bad and the ugly of AI in the workplace. Related episodes: Is AI overrated? Is AI underrated? For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Jul 31
The Fed is on the hook for an estimated one-and-a-half trillion dollars . Despite the recent headlines, that's not because of building renovations. It's a much larger cost blowout caused by big actions taken during the pandemic to help the economy: quantitative easing. Today on the show, we talk to both a critic of these actions and someone who helped put those those actions in play. Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Jul 30
Private equity is a risky business. There are high-highs and low-lows. A retirement plan, on the other hand, is meant to be a reliable beast. But President Trump believes your 401(k) can handle it! On today's show, the president's expected executive order could help offer some legal cover for fund managers who include private equity in your retirement portfolio. What are the risks and benefits? Related episodes: The Prudent Man Rule ( Apple / Spotify ) Carried interest wormhole ( Apple / Spotify ) Let's party like it's NVIDIA earnings report day! ( Apple / Spotify ) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Jul 29
BRICS is an economic alliance of countries that includes Brazil, Russia, India, China, South Africa and several other nations. They met earlier this month to discuss everything from international law to global health. President Trump, however, is not a fan of BRICS and threatened members with increased tariffs. So why has this alliance generated so much animosity from the President? Today on the show, we talk to the economist who coined the term "BRICs" about the origins of the group and why the international economic organizations have been western dominated for so long. Related episodes: China's trade war perspective Is the US pushing countries towards China? For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Jul 28
Baby bond fever is catching on. In recent years, states like Connecticut have been experimenting with giving newborns government-seeded accounts that grow tax-free until they are 18. Now, President Trump's signature tax and spending bill will give a thousand dollars to every U.S.-born baby through 2028. On today's show, what are baby bonds and could they help tackle wealth inequality? Related: Baby bonds, proportional representation, and no left turns Could cash payments ease recessions? Building generational wealth in rural America For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Cooper Katz McKim. Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Jul 25
It's ... Indicators of the Week! Our weekly look at some of the most fascinating economic numbers from the news. On today's episode: Nigeria gets a GDP surprise, Magic the Gathering mutes tariff impact for Hasbro, and Bitcoin reaches record highs following the passage of the GENIUS Act. Related episodes: How stable is Stablecoin? ( Apple / Spotify ) Episode 609: The Curse Of The Black Lotus For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Jul 24
It's the Beigie Awards, our eight times a year salute to the art and science of telling stories about the economy. The most recent Beige Book shows that Americans are finding ways to spend less money ... including on their vacations. On today's show, we find out what Benjamin Franklin and Jersey Beach goers have in common. Related episodes: How many times can you say uncertainty in one economic report? Trump's cuts come for food banks The secret tariff-free zone For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Jul 23
The quintessential American economic myth is that the free market picks winners and losers. But the federal government has long had a role in this equation, from the current administration all the way back to the Great Depression. Today on the show, we uncover the history of the country's national investment bank, which shaped the relationship between the government and the market in ways that are still felt today. Check out Chris Hughes Substack Related episodes: The day Russia adopted the free market ( Apple / Spotify ) Giant vacuums and other government climate bets ( Apple / Spotify ) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Julia Ritchey. Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Jul 22
Despite presidential saber rattling and huge tariff threats, the U.S. stock market keeps reaching record highs. Why? Today we sit down with the man who coined the acronym TACO (Trump Always Chickens Out) and chew through several hypotheses. (Over tacos, of course.) Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Jul 21
Once upon a time, the states had a thriving tinned fish market. Like a lot of U.S. manufacturing though, that's been lost. But sardines are having a moment right now and that may help a growing effort to resurrect this lost industry. Related episodes: Why do shrimpers like tariffs ( Apple / Spotify ) When a staple becomes a luxury ( Apple / Spotify ) We're gonna need a bigger boat-building industry ( Apple / Spotify ) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Jul 20
To cap off our weeklong series on all things Hollywood, we're going to have a little fun! Tune in to hear Adrian, Darian and Wailin battle it out as they try to name movies based on cryptic descriptions of the businesses featured in them. You can play along! Related episodes: When is cosplay a crime? The story of China and Hollywood's big-screen romance Why aren't filmmakers shooting in LA? Before La La Land there was Fort Lee, New Jersey For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Jul 18
Act now to ensure public media remains free and accessible to all. Your donation will help this essential American service survive and thrive. Visit donate.npr.org now. Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Jul 18
The movies come to Indicators of the Week. We dig into why one film is letting you reserve tickets a whole year in advance, what ticket prices might tell us about tariffs and inflation, and how Los Angeles might be cutting back on the red tape when it comes to making movies there. Related episodes: Why aren't filmmakers shooting in LA? ( Apple / Spotify ) The story of China and Hollywood's big-screen romance ( Apple / Spotify ) When is cosplay a crime? ( Apple / Spotify ) Before La La Land, there was Fort Lee, New Jersey ( Apple / Spotify ) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Julia Ritchey. Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Jul 17
Cosplay—or dressing up as your favorite character from pop culture—is fun! But it can fall into a legal gray area when it comes to companies' intellectual property. Today on the show: a group of cosplayers, Lucasfilm(!), a lawyer, and finding economic symbiosis in order to express yourself. Related episodes: Before La La Land there was Fort Lee, New Jersey ( Apple / Spotify ) Why aren't filmmakers shooting in LA? ( Apple / Spotify ) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Jul 16
No country can come close to the amount of money Americans spend at the box office each year ... that is, until China came along. The US and Chinese film industries have a long intertwined history, with shifting power dynamics. Today on the show, we continue our week-long look at the movie business as we explore the on-and-off romance between Hollywood and China's film industries. Related episodes: Why aren't filmmakers shooting in LA? ( Apple / Spotify ) Before La La Land there was Fort Lee, New Jersey ( Apple / Spotify ) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Jul 15
Despite being, ya know, Hollywood , more and more movies and TV shows are shooting outside of Tinseltown. Dozens of U.S. states and many countries offer subsidies for film production. This has drawn filmmakers away from L.A. and led to historically low levels of shooting activity in recent years in the city. After the COVID shutdowns, labor strikes, and January's devastating wildfires ... what can bring back LA's film industry? Related episodes: Before La La Land there was Fort Lee, New Jersey ( Apple / Spotify ) Why residuals are taking center stage in actors' strike ( Apple / Spotify ) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Jul 14
Hollywood, baby! The glitz! The glamour! The ever-changing business models! This week, The Indicator is going to the movies. Starting today with the history of Hollywood and where it began ... New Jersey! Related episode: The Origin Of The Oscars For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Jul 11
We are back with Indicators of the Week! Today, we'll be digging into why U.S. professional gamblers are worried about their future, why businesses might start investing more in research and development, and why cancelling your subscriptions is going to remain difficult. Related episodes: How sports gambling blew up ( Apple / Spotify ) The cautionary tale of a recovering day trading addict ( Apple / Spotify ) The 'Planet Money' team examines the subscription trap For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Jul 10
Many small businesses are online now, but so are cyber criminals trying to take advantage. On today's show, how one bar owner fell victim to a Facebook scam and if big tech could do more to protect small business owners from increasing cyber attacks. Read Stephan's original piece . Related: The secret world of those scammy text messages After being scammed, one woman tries to get her money back For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Jul 9
We are just at the start of hurricane season, and we're already seeing the danger and tragedy brought on by storms. There's another cost that gets much less attention, but it's a gamble everyone in the path of a storm has to make. Today on the show, we examine the decision on whether or not to evacuate from an oncoming disaster. Based on the digital story: 1 reason people don't evacuate for hurricanes? Rising costs, and they're getting pricier Related episodes: Hazard maps: The curse of knowledge Unintended Consequences, Hidden Deaths The brewing recovery in Western North Carolina For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Jul 8
The One Big Beautiful Bill Act is now law. It's expected to cost the government a pretty penny. The Congressional Budget Office predicts a $3.4 trillion increase in the deficit over ten years. This is driven by significant tax cuts, including extensions of those made in 2017. Trump's advisors argue the tax cuts will pay for themselves. Today on the show, we speak with the guru on that school of thought, Arthur Laffer, and dig into some of those claims with a tax economist. Related episodes: The simple math of the big bill ( Apple / Spotify ) What's going to happen to the Trump tax cuts? ( Apple / Spotify ) So, how's this No Tax On Tips thing gonna go? ( Apple / Spotify ) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Corey Bridges. Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Jul 7
In the U.S., we insure most everything we sell. So why not trees? Today on the show why trees aren't insured like other crops, and what it would take to get that insurance with extreme weather events on the rise. Related episodes: When insurers can't get insurance ( Apple / Spotify ) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Tyler Jones. Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Jul 4
This episode was first published as a bonus episode for our Planet Money+ listeners. Today, we're making it available for everyone! U.S. aid helped Eswatini and Lesotho, two small countries in southern Africa, in their efforts to treat and curb the spread of HIV. Will President Trump's "America First" foreign policy threaten years of progress there against the virus? In this bonus episode, we're featuring an extended conversation between Darian Woods and Jon Cohen, senior correspondent with Science magazine. They talk about Jon's reporting trip to Eswatini and Lesotho in May and the early impacts he saw of the Trump administration's foreign aid cuts. We also hear about the critical role of PEPFAR (the U.S. President's Emergency Plan For AIDS Relief) in the global response to HIV/AIDS and some other things we couldn't fit into the original episode. You can read Jon's recent article in Science magazine here . To hear more bonus episodes like this, and get Planet Money and The Indicator without sponsor messages, support the show by signing up for Planet Money+. This summer, we're also giving Planet Money+ supporters early access to new episodes. Another reason to join! Sign up via Apple Podcasts or at plus.npr.org . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Jul 3
The Trump administration's crackdown on immigrants might be the most profound change in the American labor market right now. Industries that rely on immigrant labor are especially vulnerable, as ICE continues to raid businesses believed to have unauthorized workers. Today on the show, we talk to representatives from the agriculture, construction and long-term care industries to ask: Are people still showing up to work? Related episodes: What's missing in the immigration debate Is the 'border crisis' actually a 'labor market crisis?' For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Translation help by Ella Feldman. Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Jul 2
We are back with another edition of listener questions! In this round, we tackle recession pop, why the job market feels so crummy for IT grads, and whether President Trump saying that Walmart "eat the tariffs" is a form of price control. Related episodes: Hits of the Dips: Songs of recessions past ( Apple / Spotify ) The beef over price controls Price Controls, Black Markets, and Skimpflation: The WWII Battle Against Inflation For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Jul 1
Over the past century, the world's human population has exploded from around 2 billion to 8 billion. Meanwhile, the average fertility rate has gradually declined. And if that trend continues as it has, we may soon see a crash in the population rate, which some argue could have disastrous effects. Today on the show, we talk to co-authors Michael Geruso and Dean Spears about their forthcoming book After the Spike: Population, Progress, and the Case for People . Together, they explain why you should care about declining fertility rates. Related episodes: Babies v climate change; AI v IP; bonds v world For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Jun 30
Whether you're watching Love Island in an RV or streaming a playlist in a remote California campground, if you're using satellite internet, odds are you're using Elon Musk's Starlink. Today on the show, we learn how Starlink got such a big lead in the satellite market and if it can stay ahead of the European Union, China, and, of course, Jeff Bezos. Related episodes: Elon's giant rocket Why I joined DOGE ( Apple / Spotify ) Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Jun 27
It's ... Indicators of the Week! Our weekly look at some of the most fascinating economic numbers from the news. On today's episode: Could more babies change the climate in a big way ? Why did a U.S. judge side with AI company Anthropic? And why is the bond market so chill these days? Related episodes: Artists vs. AI You told us how tariffs are affecting you ( Apple / Spotify ) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Jun 26
During World War II, the U.S. shipbuilding industry flourished. Now, it's nearly non-existent. China is the dominant shipbuilder in the world economy. On today's show, we look at what happened to American shipbuilding and the protectionist impulses that could stifle a revival. Related episodes: Will Iran block the Strait of Hormuz? The great turnaround in shipping The wide open possibility of the high seas For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Tyler Jones. Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Correction: A previous version of this episode incorrectly said that there are 80 U.S.-flagged ships operating in global shipping. As of March, there were at least 95. The episode also incorrectly said that being U.S.-flagged means a ship was built in an American shipyard and has an American crew. There is no requirement that the ship be built in a U.S. shipyard, and citizenship requirements vary. Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Jun 25
What's the price to save a human life? We examine the monumental legacy of the U.S. President's Emergency Plan For AIDS Relief (PEPFAR) with journalist Jon Cohen, who traveled to Eswatini and Lesotho to learn how cuts under the Trump Administration are hitting people at the clinic door. Related episodes: The gutting of USAID How USAID cuts hurts farmers For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Jun 24
The world has held a close eye on the Strait of Hormuz lately with Israeli and U.S. strikes on Iran. Nearly a quarter of the world's seaborne oil passes through the narrow waterway, and many are worried Iran could shut the strait down. Today on the show, we explore what it would mean for Iran to close off the strait, and what insurance could tell us about tensions in the Middle East. Related episodes: Oil prices and the Israel-Hamas war ( Apple / Spotify ) How the 'shadow fleet' helps Russia skirt sanctions ( Apple / Spotify ) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Jun 23
Americans like to spend money. In fact, we spend more per person than almost any other country in the world. So, we wanted to know how an uncertain economy is affecting that. Today on the show, we hear from consumers directly on how their spending habits have changed the past few months. Related episodes: How's ... everybody doing? ( Apple / Spotify ) Three ways consumers are feeling the pinch ( Apple / Spotify ) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Jun 20
It's ... Indicators of the Week! Our weekly look at some of the most fascinating economic numbers from the news. On today's episode: the Senate passes the GENIUS Act , the SALT cap might be DOA in the OBBB, and a gender split on the state of the economy. Related episodes: How stable is Stablecoin? ( Apple / Spotify ) Feeling inflation in the grocery store For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Tyler Jones. Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Jun 18
Last week, the U.S. Treasury held an auction for 30-year bonds. Some were worried no one would show up to buy these things! That didn't happen, but the 'long bond' isn't exactly thriving at the moment. Today on the show, we look back at why we have such a long maturity bond and why it might be a good idea to start paying attention to it going forward. Related episodes: Bond market nightmares ( Apple / Spotify ) Bond vigilantes. Who they are, what they want, and how you'll know they're coming ( Apple / Spotify ) Trying to solve the mystery of big bond yields ( Apple / Spotify ) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Jun 17
Last month, Eric Trump, executive vice president at The Trump Organization, attended a ceremony in Vietnam to break ground on a $1.5 billion residential development and golf course. This comes as Vietnam's government is in trade talks with the administration of Eric's father, President Donald Trump. Today on the show, we look at how the Trump family's business projects in Vietnam are raising red flags when it comes to government ethics. Related episodes: How Trump is making coin from $TRUMP coin For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Jun 16
Nintendo has been a titan in the video game industry for decades, but that wasn't always the case. At its very core, Nintendo sees itself as a toy company which is evident in its products from the Nintendo Entertainment System (NES) to the Nintendo Switch 2. Today on the show, we explore Nintendo's history and examine how a small playing card company in Japan became a multimedia giant. Related episodes: Forever games: the economics of the live service model Designing for disability: how video games become more accessible The boom and bust of esports Work. Crunch. Repeat: Why gaming demands so much of its employees Video Game Industry Week: The Final Level For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Jun 13
It's ... Indicators of the Week! Our weekly look at some of the most fascinating economic numbers from the news. On today's episode: the monetary cost of Trump's military parade, looks like FEMA could be phased out, and another change to Warner Bros. Discovery. Related episodes: Coyote vs. Warner Bros. Discovery ( Apple / Spotify ) Gilded Age 2.0? ( Apple / Spotify ) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Jun 12
Healthcare churn—when people switch insurance plans—is particularly bad in the US. In today's episode, why Americans switch healthcare plans so much, and how that can cost a lot in money ... and in health. Related episode: How doctors helped tank universal health care ( Apple / Spotify ) Healthcare And Economic Despair For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Jun 11
There's something interesting happening at the Port of Baltimore. On today's show, we explore the hidden world of bonded warehouses, where you can stash your imported Latvian vodka or Dutch beer tariff free (for a while). Related episodes: Tariffied! We check in on businesses ( Apple / Spotify ) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Jun 10
For four decades, the US has maintained a consistent policy position: money should be fairly free to come and go in and out of the country. That's changing. Two sections in the One Big Beautiful Bill Act would add friction. First is a 3.5% tax on immigrants sending money home, commonly known as remittances. Second is what's known as Section 899 or, colloquially, the 'revenge tax'. This one is making Wall Street wary. It would slap extra taxes on people and businesses investing in the U.S. if their home countries were deemed to tax Americans unfairly. We explain these two taxes that could mark a shift in our free-flowing money era. Related episodes: The long view of economics and immigration (Two Indicators) ( Apple / Spotify ) The "chilling effect" of deportations ( Apple / Spotify ) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Jun 9
A debate has been raging over universal health care in the U.S. since the 1940s. Back then, a formidable opponent emerged to dump a lot of money into ensuring it wouldn't happen. That opponent was doctors. Today on the show, Sally Helm, a Planet Money reporter, comes to us in her capacity as the host of HISTORY This Week to detail how doctors helped tank single pay healthcare back then and the role communism played in the fight. A longer version of this episode is available at HISTORY This Week from the History Channel. Related episodes: Why do hospitals keep running out of generic drugs? ( Apple / Spotify ) Socialism 101 For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Jun 6
For the last couple of years, U.S. labor productivity has been on the rise. And economists don't know exactly why. So today on the show, the president of the Federal Reserve Bank of Chicago plays economic detective and helps us investigate some different theories about why U.S. workers seem to be more productive than in prior decades. Related episodes: What keeps a Fed president up at night ( Apple / Spotify ) Productivity and workforce whiplash ( Apple / Spotify ) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Jun 5
To hear President Trump tell it, the late 1800s, i.e. the Gilded Age, were a period of unparalleled wealth and prosperity in the U.S. But this era was also marked by corruption and wealth inequality. Sound familiar? On today's show, is history repeating itself? Related episodes: Trump's tariff role model ( Apple / Spotify ) Worst. Tariffs. Ever. ( Apple / Spotify ) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Jun 4
The U.S. government has tallied the economic impact of major natural disasters going back to 1980. State and local governments used this data for budgeting and planning. But last month, the administration retired its Billion-Dollar Weather and Climate Disasters disaster database. Today on the show, we speak to Adam Smith, the architect of the program, on the work he did and what might be next. Related episodes: How much is a weather forecast worth? (Update) ( Apple / Spotify ) How ski resorts are (economically) adjusting to climate change ( Apple / Spotify ) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Jun 3
By 2048, more than $100 trillion is expected to be inherited , or passed down from one family member to another. But a lot of the time, the money doesn't end up where it's intended. On today's show, we navigate the thornier questions in estate planning. Related episodes: What women want (to invest in) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Jun 2
A significant portion of young people feel like they aren't on solid financial footing. And yet, the numbers show Gen Z adults on average actually earn more and have more wealth than previous generations did at their age. This phenomenon has been dubbed (by the internet) as 'money dysmorphia'. Today on the show, we chat with a neuroscientist who co-wrote a book, Look Again , that helps explain this phenomenon. Related episodes: Relax, Millennials! You're Doing Great . Gen Z's dream job in the influencer industry ( Apple / Spotify ) There Is Growing Segregation In Millennial Wealth For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
May 30
It's ... Indicators of the Week! Our weekly look at some of the most fascinating numbers from the news. On today's episode, we examine: General Motors invests big in V-8s; U.S. Steel and Nippon Steel flirt with the Golden Share; Trump's tariffs just got more unpredictable. Related episodes: Dealmaker Don v. Tariff Man Trump ( Apple / Spotify ) The tensions behind the sale of U.S. Steel ( Apple / Spotify ) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
May 29
Top Trump advisers have been boasting about 'awesome' trade deals the administration is negotiating with other countries. But are these deals real ? Today on the show, we ask a former U.S. trade negotiator whether these agreements hold up. Related episodes: Dealmaker Don v. Tariff Man Trump ( Apple / Spotify ) Why there's no referee for the trade war ( Apple / Spotify ) Is this a bank? For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
May 28
If you had to guess, would you say the president of a university usually makes more money than the football coach? Well, you may be wrong. A college's football coach is often their highest paid employee. The University of Alabama pays its football coach on average close to $11 million. Today on the show, why are college football coaches paid so much? Do their salaries really make economic sense? Related episodes: Why the Olympics cost so much ( Apple / Spotify ) Want to get ahead in youth sports? Try staying back a year ( Apple / Spotify ) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
May 27
Why is building affordable housing so hard these days? We talk to author Derek Thompson about his new book with Ezra Klein, Abundance , about what they believe is keeping affordable housing out of reach in high-income cities. Related: How big is the US housing shortage? ( Apple / Spotify ) How California's speed rail was always going to blow out ( Apple / Spotify ) Why building public transit costs so much For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
May 26
Today on the show, we bring you a special episode from the Understood feed at CBC podcasts. It's an excerpt from a series called Who Broke the Internet hosted by Cory Doctorow. The four part series details his criticisms on the state of the modern internet and what we can do about it. From his conversations with Eric Corly the publisher of 2600, an iconic hacker magazine, best known under his hacker name Emmanuel Goldstein, to Clive Thompson a tech and culture writer to Steven Levy the author of "In the Plex: How Google Thinks, Works, and Shapes our Lives" this excerpt digs into how search engines started. You can listen to more of the podcast here. Related episodes: The hack that almost broke the internet ( Apple / Spotify ) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
May 23
Can you tell me how to get... how to get to Indicators of the Week? This week's econ roundup looks at Target's sagging sales, Klarna's pay-later problem, and Sesame Street's new streaming address. Related: When do boycotts work? ( Apple / Spotify ) Buy now, pay dearly? For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
May 22
Just before Trump began his second administration in January, he and his business partners launched the $TRUMP coin. It's a meme coin that quickly raked in hundreds of millions of dollars. And there's a lot of earning potential still left on the table. Is any of this legal? Today on the show, we examine how the $TRUMP coin works and talk to an expert about how the president's meme coin gambit interacts with the Foreign Emoluments Clause of the Constitution. Related episodes: How the memecoin game is played Did Trump enable insider trading? For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
May 21
President Donald Trump wants more products made in America, and he's not afraid of a few trade wars to make it happen. Back in the 80s, a different trade dispute brought new manufacturing to the U.S. Today on the show, how former President Ronald Reagan used the threat of trade protectionism to bring car-making stateside, and why the same strategy might not work today. Related episodes: The tensions behind the sale of U.S. Steel ( Apple / Spotify ) Tariffs: What are they good for? ( Apple / Spotify ) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
May 20
We are back to answer your questions, listeners. Today on the show, we tackle three big questions: Are airport lounges worth it for credit card companies? How effective have carbon taxes been for Canada? Why is gasoline getting more expensive over the last few months as the price of crude oil has sunk? If you want to submit your OWN question to be considered in a future episode, send us a message at indicator@npr.org . Related episodes: Can cap and trade work in the US? ( Apple / Spotify ) A Quick History Of Slow Credit Cards Breaking down the price of gasoline ( Apple / Spotify ) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
May 19
All of us negotiate — whether it's accepting a job offer, buying a house or working out who does the dishes. Economist Daryl Fairweather has a new book out: Hate the Game: Economic Cheat Codes for Life, Love, and Work . It's all about the negotiation lessons she's learned through the research, her own career and Destiny's Child. Related episodes: What women want (to invest in) A conversation with Nobel laureate Claudia Goldin (Update) Summer School 7: Negotiating and the empathetic nibble For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
May 16
It's ... Indicators of the Week! Our weekly look at some of the most fascinating economic numbers from the news. On today's episode: Japanese asset buyers make it rain, an iPhone ... powered by the brain?! And, how are we going to pay for these Trump tax cuts? We explain! Related episodes: What's going to happen to the Trump tax cuts? ( Apple / Spotify ) Slender Starbucks, Medicaid at risk, and the gold card visa ( Apple / Spotify) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
May 15
In early April, the bond market gave people a scare. Investors began selling off their historically secure U.S. Treasuries in large quantities. It reportedly encouraged President Trump to pause his flurry of liberation day tariffs. These jitters offered a glimpse into what could go wrong for U.S. Treasuries if economic uncertainty gets worse. On today's show, we take a peek at some nightmare scenarios for the bond market. Related episodes: Who's advising Trump on trade ( Apple / Spotify ) IRS information sharing, bonds bust, and a chorebot future ( Apple / Spotify ) Bond vigilantes. Who they are, what they want, and how you'll know they're coming ( Apple / Spotify ) Is the reign of the dollar over? ( Apple / Spotify ) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
May 14
The U.S. is known around the world for its problem with gun violence. The vast majority of murders in the U.S. are committed using guns. But what leads one person to shoot another? The "conventional wisdom" says gun violence is usually the act of calculated criminals or people acting out of desperate economic circumstances. But economist Jens Ludwig believes the conventional wisdom is wrong. Today on the show, he explains why he believes many of us fundamentally misunderstand the problem of gun violence and how behavioral economics reveals some potential solutions. Jens's new book detailing his research into gun violence is called "Unforgiving Places: The Unexpected Origins of American Gun Violence" . Related episodes: Can credit card codes help address gun violence? The money going into and out of gun stocks Guns and The Trump Slump For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
May 13
Where does NPR get its funding? Today on the show, we open our books and share a brief history of public radio. And we learn what's at stake with President Trump's executive order to cut off federal funding to NPR. Under NPR's protocol for reporting on itself, no corporate official or news executive reviewed this story before it was posted publicly. For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
May 12
Robots have been a thing for a long time, but they've never quite met expectations. While AI has changed the game for chatbots, it's not quite so clear for robots. NPR science desk correspondent Geoff Brumfiel spoke to our colleagues over on our science podcast Short Wave on how humanoid robots are actually developing with the help of artificial intelligence. It was a fascinating discussion and so we are sharing that conversation with you today on the Indicator. Related episodes: Is AI underrated? ( Apple / Spotify ) Is AI overrated? ( Apple / Spotify ) Dial M for Mechanization ( Apple / Spotify ) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
May 9
It's ... Indicators of the Week! Our weekly look at some of the most fascinating economic numbers from the news. On today's episode: China bulks up for a financial chill, how much Americans should save for a rainy day, and the price of used cars goes up. Related episodes: America's small GDP bump, China's big stimulus dispersal, and a Monkey King ( Apple / Spotify ) How nonprofits get cash from your clunker ( Apple / Spotify ) IRS information sharing, bonds bust, and a chorebot future ( Apple / Spotify ) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
May 8
President Trump has flirted with firing Federal Reserve Chair Jerome Powell since returning to office, but can he legally do that? Not without good cause. Today on the show, the danger of Trump's amped up attacks on Powell and the Fed's independence. Follow Chris Hughes on Substack . Related listening: A primer on the Federal Reserve's Independence ( Apple / Spotify ) Arthur Burns: shorthand for Fed failure? For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
May 7
Many businesses are scared of what President Trump's tariffs will mean for their industry. However, the shrimping industry is one that doesn't seem to be worried. In fact, shrimpers say they welcome them. On today's episode, why shrimpers are embracing the tariffs and whether economists agree that this tariff is good for Americans. Related episodes: Tariffied! We check in on businesses ( Apple / Spotify ) Go ask ALICE about grocery prices ( Apple / Spotify ) What the cluck is happening with egg prices? ( Apple / Spotify ) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
May 6
Two American farmers tell us how they're feeling about a trade war that targets the soybean industry's biggest customer: China. Related episodes: How many times can you say uncertainty in one economic report? ( Apple / Spotify ) Why Trump's potential tariffs are making business owners anxious ( Apple / Spotify ) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
May 5
The Beigie Awards are back to recognize the regional Federal Reserve Bank with the best Beige Book entry. On today's episode, we shine a spotlight on a Midwest food bank. Related episodes: Why Midwest crop farmers are having a logistics problem ( Apple / Spotify ) How many times can you say uncertainty in one economic report? ( Apple / Spotify ) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
May 2
President Trump's federal cuts and scrutiny of academic institutions are forcing some U.S. scientists to head for the border. On today's show, an entomologist keeping America's farms safe from pests reconsiders America. And a CEO of a Canadian hospital explains how they are benefiting from the exodus. Related episodes: How much international students matter to the economy ( Apple / Spotify ) What happens when billions of dollars in research funding goes away ( Apple / Spotify ) A 'Fork in the Road' for federal employees ( Apple / Spotify ) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
May 1
Many international students are rethinking their education in the United States as the federal government revokes visas, often over minor infractions. A shift away could carry a heavy economic toll, as international students contributed $44 billion to the U.S. economy last school year. So what happens when a generation of bright-eyed scholars decide to forgo school in the U.S. and take their dollars elsewhere? Related episodes: Do immigrants really take jobs and lower wages? ( Apple / Spotify ) The long view of economics and immigration (Two Indicators) ( Apple / Spotify ) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Apr 30
Stablecoins are the latest digital asset to grab headlines. Congress is considering legislation around the cryptocurrency, and a Trump family-affiliated company is preparing to launch its own Stablecoin. But does this digital currency live up to its own name? Related episodes: What's this about a crypto reserve? ( Apple / Spotify ) Is 'government crypto' a good idea? ( Apple / Spotify ) WTF is a Bitcoin ETF? ( Apple / Spotify ) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Apr 29
As the U.S. goes head-to-head with the rest of the world on tariffs, those countries are trying to figure out their best diplomatic strategy. One dilemma countries have is how close they get with another global superpower: China. On today's show, we hear from Pakistan's Finance Minister Muhammad Aurangzeb about how the country is balancing trade relations with both countries. Related episodes: China's trade war perspective ( Apple / Spotify ) Dealmaker Don v. Tariff Man Trump ( Apple / Spotify ) Who's advising Trump on trade? ( Apple / Spotify ) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Apr 28
For weeks, Target has been the subject of a boycott after its decision to pull back on diversity, equity, and inclusion (DEI) policies. And early data shows it's taken a toll on the company. But in other instances, boycotts haven't made much of a splash. Today on the show, when does a boycott actually make a difference? Related episodes: SPAM strikes back ( Apple / Spotify ) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Tyler Jones. Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Apr 25
It's ... Indicators of the Week! Our weekly look at the some of the most fascinating economic numbers from the news. On today's episode, we investigate falling foreign travel to the U.S., why student loan default collections are back , and why maaaaaaaybe being so friendly with our AI chatbot pals has a cost. Related episodes: Economists take on student loan forgiveness Is AI overrated? ( Apple / Spotify ) Is AI underrated? ( Apple / Spotify ) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Apr 24
President Trump has not been afraid to tack on tariffs over and over again. Allies and foes alike are anxiously wondering if the tariffs will stick or whether a trade deal will be made. On today's episode, we take a look behind the curtains of the White House administration and examine the advisors whispering into Trump's ear. Related episodes: Dealmaker Don v. Tariff Man Trump ( Apple / Spotify ) China's trade war perspective ( Apple / Spotify ) What keeps a Fed president up at night ( Apple / Spotify ) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Tyler Jones. Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Apr 23
Donald Trump grew up learning to make deals. He's also loved tariffs since the 1970s. So are his market-shaking tariffs a bargaining chip? Or are they here permanently? We go all the way back to Trump's childhood to try to figure out if Dealmaker Don or Tariff Man Trump is in charge. Marc Fisher's book with Michael Kranish is Trump, Revealed . Related episodes: What's so bad about a trade deficit? ( Apple / Spotify ) Why there's no referee for the trade war ( Apple / Spotify ) Tariffied! We check in on businesses ( Apple / Spotify ) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Tyler Jones. Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Apr 22
By now, you've heard a lot about how the U.S.-China trade war is affecting American consumers, businesses and the stock market. But how is the trade war being felt in China? Today on the show, two of NPR's in-house China experts, Emily Feng and John Ruwitch, explain the view from China. Related episodes: What might save China's economy ( Apple / Spotify ) Tarrified! We check in on businesses ( Apple / Spotify ) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Apr 21
It's time for The Indicator Quiz! We test you, dear listener, on your knowledge of topics that we've covered on The Indicator. Today's quiz show involves a DJ from Vancouver, Washington that tests his economic education on the World Trade Organization, the Panama Canal, and of course, Bad Bunny. Play along with us and see how you do! Are you interested in being a contestant on our next Indicator Quiz? Email us your name and phone number at indicator@npr.org and put "Indicator Quiz" in the subject line. Related episodes: WWE, a very expensive banana, and a quiz contestant ( Apple / Spotify ) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Apr 17
The current economic upheaval has lots of us scrambling for our glossaries and history books. Today on the show, the editor-in-chief of Investopedia walks us through three vocab terms — spanning topics from tariff history to market volatility — that are spiking on the website lately. Related listening: Did Trump enable insider trading? ( Apple / Spotify ) What's a moneyline bet anyway? ( Apple / Spotify ) Why tariffs are SO back ( Apple / Spotify ) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Apr 16
On the morning of April 9, President Trump posted on Truth Social "THIS IS A GREAT TIME TO BUY!!! DJT." Around four hours later, he announced a pause on some new tariffs, causing a stock market spike. Now, Democrats are demanding an investigation into possible insider trading. But were Trump's posts actually insider trading? Related episodes: Morally questionable, economically efficient ( Apple / Spotify ) An insider trader tells all For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Apr 15
If you've ever passed through airport customs overseas and been refunded a VAT — or value added tax — for souvenirs, you've benefited from the VAT system. But President Trump says VAT is unfair to the U.S. On today's episode, we learn what VAT is and what it isn't. Related episodes: What's so bad about a trade deficit? ( Apple / Spotify ) Tarrified! We check in on businesses ( Apple / Spotify ) Why there's no referee for the trade war ( Apple / Spotify ) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Apr 14
The federal government has been tracking the weather for more than 150 years. But the rise of the Internet and big tech have made weather forecasting a more crowded space. Today on the show, the value of an accurate forecast and how the Trump administration's early moves are clouding the government's future forecasting. This piece originally aired in November 2024. Related stories: Hazard maps: The curse of knowledge ( Apple / Spotify ) Should we invest more in weather forecasting? After a year of deadly weather, cities look to private forecasters to save lives Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Apr 11
Today on the show, we discuss why the IRS is sharing some taxpayer information, why bonds and stocks both fell, and how robots will replace you,or at least most of your chore wheel, in the near future. Related episodes: Why are stocks and bonds both falling? For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Apr 10
"There's no bad weather, only bad clothing." That's the motto of the Federal Reserve Bank of Chicago, where Austan Goolsbee is president. As economic weather conditions stay unpredictable, Austan tells us how he's gearing up for tariffs, inflation, and more. Related episodes: The Fed cut rates ... now what? (featuring: Sasquatch) ( Apple / Spotify ) Tariffied! We check in on businesses ( Apple / Spotify ) A chat with the president of the San Francisco Fed ( Apple / Spotify ) Is the economy going stag(flation)? For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Apr 9
Today on the show, we meet Canada's new Prime Minister, economist Mark Carney. What's it like when your former job — being a non-political banker who decides a country's interest rate — bleeds into your now-political decisions on everything ? Related episodes: A polite message from Canada to the U.S. ( Apple / Spotify ) Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Apr 8
President Trump claims a main goal of his crippling tariffs is to address the U.S. trade deficit. So is the U.S. trade deficit a problem? On today's show, why we'll never have a trade surplus with every single country; what the benefits of a trade deficit are; and whether or not the trade deficit affects jobs. Related episodes: Tariffied! We check in on businesses ( Apple / Spotify ) Why there's no referee for the trade war ( Apple / Spotify ) Common economic myths debunked ( Apple / Spotify ) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Apr 7
Trump's wave of tariffs is here. Just about everyone in the world of business is still processing exactly what this means. It's a massive, widespread increase in taxes. Today on the show, we hear from business people we've had on the show who tell us what they're doing in response to the latest, and largest, wave of tariffs. Related episodes: Trump's contradictory trade policies ( Apple / Spotify ) How's ... everybody doing? ( Apple / Spotify ) How Shein became a fast-fashion behemoth ( Apple / Spotify ) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Apr 4
It's Jobs Friday and all eyes are on government workers. Will the Trump administration's layoffs finally show up in the latest jobs report? Today on the show, we look at the numbers for federal workers and who's trying to hire them. Related listening: Can ... we still trust the monthly jobs report ( Apple / Spotify ) The last time we shrank the federal workforce ( Apple / Spotify ) A 'Fork in the Road' for federal employees ( Apple / Spotify ) How local government is propping up the U.S. labor market For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Apr 3
There have now been a few major vinyl booms. And unbeknownst to many, a small village in the Czech Republic has been responsible for manufacturing a large number of these albums. On today's show, how this dominant player became a problem for its competitors in the U.S. Related episodes: Rumor has it Adele broke the vinyl supply chain 'Let's Get It On' ... in court (Update) ( Apple / Spotify ) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Apr 2
Billions of tech dollars flowing into a community to build data centers should transform a local economy ... right? Well, maybe not. On today's episode: Why data centers create few permanent jobs. And why communities might want them anyway. Related episodes: Why China's DeepSeek AI is such a big deal ( Apple / Spotify ) Is AI overrated? ( Apple / Spotify ) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Apr 1
Mexico is gearing up to directly elect federal and state judges for the first time this June. President Claudia Sheinbaum says the new system will combat nepotism and increase the integrity of the courts. But critics see it as a naked attempt to dilute the court's independence. Today on the show, how Mexico's judicial reforms are creating angst for businesses at home and abroad. Related episodes: SCOTUS: De-facto pro-business? For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Cooper Katz-McKim. Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Mar 31
Brands trying to be your best bud. Generational labels. Gendered double standards. Today on the show: three advertising experts bring their three pet peeves in advertisements. Related episodes: How to make an ad memorable ( Apple / Spotify ) J. Screwed The Gender Gap Series: The Problem With The Pink Tax For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Mar 28
On Indicators of the Week, we look at a huge projected tax shortfall, the price of copper and the afterlife of Napster, the peer-to-peer file-sharing service that refuses to die. Related episodes: A new-ish gold rush and other indicators ( Apple / Spotify ) Can the Federal Reserve stay independent ( Apple / Spotify ) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Mar 27
Many nonprofits accept your used cars as a way to donate. This happens from Make-A-Wish America to Habitat for Humanity to ... public radio stations! So, how does the process actually work? And who takes a cut along the way? Today, we follow the car money. Related episodes: Show your love for The Indicator from Planet Money by making a donation For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Mar 26
As relations between the US and Europe continue to sour, European countries are working to lower their reliance on the U.S. for weapons and security. Today on the show, we ask what Europe needs to do to become independent militarily and what potential barriers could stand in the way. Related episodes: Europe's NATO members take an economic hit ( Apple / Spotify ) Two Indicators: Economics of the defense industry ( Apple / Spotify ) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Mar 25
What's one word you'd use to describe the 2025 economy? That's the question we fanned out across the U.S. with microphones and open ears. From street parties in the South to an L.A. bookstore to a boardroom in Denver, we listen for financial signals in today's economy. Related episodes: How many times can you say uncertainty in one economic report? ( Apple / Spotify ) The stock market is down, but you don't need to be ( Apple / Spotify ) The highs and lows of US rent ( Apple / Spotify ) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Mar 24
Half of all workers are showing signs of burnout according to a survey of international workers. Burnout can come from feeling detached from your work's purpose, having too much work, or ... from specialization. Today on the show, we speak with Shigehiro Oishi, author of Life in Three Dimensions: How Curiosity, Exploration, and Experience Make a Fuller, Better Life . Related episodes: Is endless vacation a scam? ( Apple / Spotify ) Why we work so much For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Mar 21
It's Indicators of the Week! Our weekly look at interesting numbers from the news. On today's show, we welcome back co-host Adrian Ma. We also have the price of gold going up, German defense stocking up, and U.S. mergers and acquisitions slowing down. Related episodes: NPR's Adrian Ma remembers girlfriend, Kiah Duggins, who died in D.C. plane crash Europe's NATO members take an economic hit ( Apple / Spotify ) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Mar 20
In 2009, Bitcoin launched as the first cryptocurrency. Just under two decades, President Trump has signed an executive order to create the "Strategic Bitcoin Reserve and United States Digital Asset Stockpile." On today's show, we look at what the U.S. government plans for this new strategy, plus who benefits from a crypto reserve. Related episodes: Is an American sovereign wealth fund such a bad idea? ( Apple / Spotify ) Is 'government crypto' a good idea? ( Apple / Spotify ) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Mar 19
Thirty years ago, the U.S. helped create the World Trade Organization, a group of countries linked by a common set of free trade agreements. But then the U.S., starting with the Obama administration, turned against the WTO. This leaves a void where there should be a referee to settle trade disputes between countries. On today's show, how American grievances paralyzed the WTO's dispute settlement system and what happens when the U.S. no longer wants to play by the rules it once agreed to. Related listening: A polite message from Canada to the U.S. ( Apple / Spotify ) Trump's contradictory trade policies ( Apple / Spotify ) Worst. Tariffs. Ever. (Update) ( Apple / Spotify ) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Tyler Jones. Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Mar 18
China has set out its target for economic growth this year: around 5 percent. That's a hefty goal for a nation coming off a painful real estate slump. But leaders have their eyes set on other industries to help its economy grow. Today, we dig into the headwinds and tailwinds facing China's economy. Related episodes: The mess at the heart of China's economy ( Apple / Spotify ) The race to produce lithium ( Apple / Spotify ) What's really happening with the Evergrande liquidation ( Apple / Spotify ) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Mar 17
The federal government spends millions of dollars each year on wildlife damage management, a program that includes killing thousands of coyotes. Yet this program may actually have the opposite effect on the coyote's population. Today on the show, why the government keeps spending money on a problem it can't fix. Related episodes: Shooting Bambi to save Mother Nature For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Mar 14
It's Indicators of the Week! Our weekly look at interesting numbers from the news. On today's show, we have Southwest Airlines changing course on their free checked bag policy, skyrocketing fraud, and Americans' insatiable appetite for avocados. Related episodes: More fraud, higher bond yields, and faster airline boarding For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Mar 13
Uncertainty. That's the word-of-the-moment with tariffs, market swings and lots of economic volatility. It's also showing up in the Federal Reserve's latest Beige Book , featuring anecdotes across the U.S. economy. On our latest edition of the Beigies, what can a farmer from the Mississippi Delta tell us about uncertainty? Related episodes: How USAID cuts hurt farmers ( Apple / Spotify ) Why Trump's potential tariffs are making business owners anxious ( Apple / Spotify ) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Tyler Jones. Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Mar 12
Government cuts. Tariff uncertainty. Sticky interest rates. These are not helping the tumbling stock market. There's a sinking feeling among some Americans that a crash is imminent. But ... should we all be so worried? Today, we brush away the cobwebs of stock market fear and confusion, and bring some long-held facts to the surface. Related episodes: Why to look twice when your portfolio is doing well ( Apple / Spotify ) The cautionary tale of a recovering day trading addict ( Apple / Spotify ) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Tyler Jones. Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Mar 11
The Trump administration has some nits to pick with government spending: They don't think it should be counted as part of the country's GDP, that it should be counted separately. In today's episode, we look at why government spending is part of the U.S.'s GDP and we speculate why Trump's administration might want to take it out ... and what that could mean. Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Mar 10
Bad Bunny's new album DeBÍ TiRAR MáS FOToS laments how Puerto Rico is changing. We look at whether tax breaks to newcomers contributed. Related episodes: The battle for Puerto Rico's beaches We Set Up An Offshore Company In A Tax Haven For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Mar 7
Between the Trump administration wanting to change how GDP is calculated and DOGE accessing sensitive government information, statistical agencies are under the microscope. Can we still trust official numbers like the monthly jobs report? A former Bureau of Labor Statistics commissioner shares her worries about the future integrity of government data. Related episodes: Behind the scenes of Jobs Friday For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Tyler Jones. Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Mar 6
Even after Monday's pause on military aid to Ukraine following the Oval Office blow-up, it looks like a minerals deal between the U.S. and Ukraine is back on the table. We dive into what this potential deal would actually look like and whether Ukraine's minerals really live up to the hype. Related episodes: An end to China's rare earth monopoly? ( Apple / Spotify ) The cost of a dollar in Ukraine ( Apple / Spotify ) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Tyler Jones. Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Mar 5
Who pays to use the Panama Canal and how much? These questions are part of the tensions between the U.S. and Panama after President Trump threatened to take over the canal. We look at the global shipping lane's fee structure in light of the president's claim that the U.S. is getting ripped off. Related episodes: A drought, a jam, a canal — Panama! Add to cart: Greenland ( Apple / Spotify ) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Lilly Quiroz. Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Mar 4
President Trump has been on an executive order-signing spree since returning to office, with 76 so far. Today we look at two of them. Can the Fed really split up independent and non-independent roles? And what does DOGE's cost-cutting streak add up to? Related episodes: Slender Starbucks, Medicaid at risk, and the gold card visa ( Apple / Spotify ) What happens with billions in research funding goes away ( Apple / Spotify ) Should presidents have more say over interest rates? ( Apple / Spotify ) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Mar 3
Mardi Gras is in full swing. It's a crucial time for the New Orleans' economy, but the celebrations are cast behind the shadow of the recent terrorist attack. Today on the show, we talk about how terrorism impacts tourism and why some places recover faster than others. Related episodes: Do dollar store bans work ( Apple / Spotify ) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Feb 28
It's Indicators of the Week! Our weekly look at interesting numbers from the news. On today's show, we have potential cuts ahead for Medicaid, Starbucks goes back to basics and gold card immigration. Related episodes: How Magic Johnson's Starbucks created new neighborhood businesses ( Apple / Spotify ) What's missing in the immigration debate ( Apple / Spotify ) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Feb 27
When it comes to defense, one thing looks certain: European members of the North Atlantic Treaty Organization (NATO) are going to have to pay more. Countries that are struggling economically will soon need to spend hundreds of billions of dollars. Can they do it? Related episodes: Can Europe fund its defense ambitions? ( Apple / Spotify ) The weapons supply chain For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Feb 26
President Donald Trump has said that Canada should be the 51st state... and Canadians? Well, they're furious about it. The nation's former finance minister is calling Trump the biggest threat Canada has faced since World War 2. So today on the show, we dig into what lessons Canada can teach the US, and how the two North American nations are already deeply intertwined. Related episodes: Add to cart: Greenland ( Apple / Spotify ) Canada's key resource against Trump's potential trade war ( Apple / Spotify ) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Feb 25
The personal story of how an energetic lawyer got knocked off from her dream career and what she thinks that might mean for whether the government can attract talented people in the future. Related Episodes: A 'Fork in the Road' for federal employees ( Apple / Spotify ) Bailing out the FAIR plan, broligarchs beef, and CFPB RIP? ( Apple / Spotify ) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Feb 24
We are back to answer YOUR listener questions. This time, we answer why bananas can be considered the 'unbothered fruit', what a flat income tax would actually look like, and how extended-hours stock trading works. If you have your own question about the economy, please email us at indicator@npr.org . Related episodes: My Favorite Tax Loophole ( Apple / Spotify ) The cautionary tale of a recovering day trading addict ( Apple / Spotify ) So imPORTant: Bananas, frogs, and... Bob's?? ( Apple / Spotify ) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Feb 21
Surprisingly stable chicken meat prices, a lawsuit threat against the Gulf of Mexico's name change, and the Trump administration's false claims about Social Security beyond the grave are all under the microscope on this edition of Indicators of the Week. Related episodes: What the cluck is happening with egg prices? What does the next era of Social Security look like? The fight for a legendary shipwreck's treasure For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Feb 20
Federal funding from the National Institutes of Health has driven the biomedical research industry in cities across America including Birmingham, Alabama. It's helped support research into life-saving treatments for cancers, strokes and Parkinson's. But, the Trump Administration says the NIH is getting ripped off in how those grants are calculated. We take a look. Related episodes: The gutting of USAID ( Apple / Spotify ) A 'Fork in the Road' for federal employees ( Apple / Spotify ) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Feb 19
The ties between U.S. foreign aid and American agriculture run deep — or at least used to. The U.S. International Agency for Development, or USAID, is the largest provider of humanitarian food aid in the world. Much of that aid comes from U.S. farmers, whose corn, wheat and rice is sold in bulk to the government for USAID's programs. What happens now if those programs end? Link to Jordan Schermerhorn's research of USAID ties by state . Related episodes: The gutting of USAID ( Apple / Spotify ) A 'Fork in the Road' for federal employees ( Apple / Spotify ) Trump threatens the grim trigger ( Apple / Spotify ) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Feb 18
We visit a local egg farm and talk to an industry analyst to get to the bottom of why the prices of eggs are soaring so quickly and when they might come back to earth. Related episodes: Egg Prices: States Cry Foul Indicators of the Week: tips, eggs and whisky Go ask ALICE about grocery prices For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Feb 17
It's time for The Indicator Quiz! We test you, dear listener, on your knowledge of topics that we've covered on The Indicator. Today's quiz is an economic smorgasbord, ranging from the WWE to the silver tsunami. Play along with us and see how you do! Are you interested in being a contestant on our next Indicator Quiz? Email us your name and phone number at indicator@npr.org and put "Indicator Quiz" in the subject line. Related episodes: AI Tupac, sin taxes, and a soon-to-be college sophomore ( Apple / Spotify ) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . CORRECTION: In this episode we referred to WWE (World Wrestling Entertainment) and PCE (Personal consumption expenditures) as acronyms, which is incorrect; they are initialisms, a type of abbreviation that uses the first letters of words in a phrase but, unlike acronyms, is spoken with the individual letters. Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Feb 14
What's going on with the FAIR plan in a post-Eaton and Palisades fires California? What's the backstory to the frozen Consumer Financial Protection Bureau? And why are the two tech bros very publicly going at it? Indicators of the Week explains! Related episodes: How a consumer watchdog's power became a liability For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Feb 13
The United States Agency for International Development, or USAID, has funneled humanitarian aid to countries around the globe for over six decades. Today on the show, people familiar with USAID's work describe the fall-out from the Trump administration's sudden dismantling of the agency, and what that means for the country's longstanding use of foreign aid to advance American national security and economic goals. Related episodes: A 'Fork in the Road' for federal employees ( Apple / Spotify ) Trump threatens the grim trigger ( Apple / Spotify ) Why are some nations richer? For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Feb 12
The name Charles Ponzi immediately recalls the financial scheme that bears his name. But what of the man who helped expose Ponzi's scheme? Today on the show, the incredible, little known story of Simon Swig, who upended Boston's financial and banking world in the early 20th century before crossing paths with the notorious scammer. Related episodes: Charles Ponzi's scheme For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Feb 11
President Donald Trump has already made noise with tariff threats against the United States' North American trading partners. And soon, the United Kingdom could become another target which has a chance to drive a wedge between the U.K's trade relationship with the EU. Today on the show, we explore what the U.K. could possibly offer the United States to ease trade tensions. Related episodes: Trump threatens the grim trigger Why tariffs are SO back How Trump's tariffs plan might work For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Feb 10
Memecoins are having a moment, but who's making money off them? On today's show, how a dearly beloved internet squirrel found an afterlife as a cryptocurrency and how others, including President Trump, are trying to capitalize on online fame. Related episodes: Is government crypto a good idea? ( Apple / Spotify ) WTF is a bitcoin ETF? ( Apple / Spotify ) Who let the Doge(coin) out? For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Feb 7
The job security of government employees has been in the spotlight since President Trump took office with big plans to slash the federal workforce. About 2 million employees were given an offer to quit their jobs. The government says those who resign can collect pay and benefits through September without working. But is this offer even legal? Today on the show, an employment lawyer shares his concerns about the government's offer. And we talk to some of those federal workers about making this critical decision during an uncertain time. Related episodes: Federal hiring is about to get the Trump treatment ( Apple / Spotify ) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Feb 6
What is a sovereign wealth fund? President Trump's executive order calling for a plan to start a U.S. sovereign wealth fund is not a new idea. But it remains a topic of much debate among economists and policymakers. So is a national sovereign wealth fund a good or even viable idea? A version of this episode originally aired Oct. 1, 2024. Related episode: Why oil in Guyana could be a curse For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Feb 5
President Trump speaks fondly of William McKinley, the 25th U.S. president who was a strong advocate for tariffs. He's credited with helping to protect the fledgling tinplate industry in the late 19th century. But did the tariff work? We take a closer look at McKinley's tinplate tariff and if it was worth the cost. Related episodes on tariffs: Trump threatens the grim trigger ( Apple / Spotify ) Canada's key resource against Trump's possible trade war ( Apple / Spotify ) Why Trump's potential tariffs are making business owners anxious ( Apple / Spotify ) Trump's contradictory trade policies ( Apple / Spotify ) How Trump's tariff plan might work ( Apple / Spotify ) Worst. Tariffs. Ever. ( Apple / Spotify ) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Feb 4
President Donald Trump had promised new tariffs on Canada, Mexico and China. However, after negotiations with both Mexico and Canada on Monday tariffs against those countries are paused for at least a month. He said tariffs are not a negotiating tool, but he's used them as one as recently as January in a dispute with Colombia. Today, we dissect the game theory behind Trump's use of tariffs. Related episodes: Canada's key resource against Trump's potential trade war ( Apple / Spotify ) How tariffs have been used throughout US History ( Apple / Spotify ) The game theory that led to nuclear standoffs ( Apple / Spotify ) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Feb 3
With so much water in the eastern U.S., why can't the region pipe some of it to its drought-prone neighbors in the West? This perennial question nags climate journalists and western water managers alike. We break down why building a pipeline is unrealistic right now for the Colorado River. Related episodes: How Colorado towns are trying to get some water certainty The trouble with water discounts For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Jan 31
Why haven't American 8th graders' math scores recovered? Does Immigration and Customs Enforcement (ICE) actually have the resources to make all the deportations Trump's promised? And what's the path for interest rates in the Trump economy? All that on Indicators of the Week. Related Episodes: The U.S. once banned Chinese immigrants — and it paid an economic price Why Is The Fed So Boring? For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Jan 30
Canadians have a key leverage point if President Trump makes good on his threat to impose 25% tariffs: oil. We talk to a business journalist with the Canadian Broadcasting Corporation on why oil would be the "biggest arrow in the quiver" should Canada and the U.S. descend into a trade war — but only as a last resort. Listen to CBC's Cost of Living with Paul Haavardstrud here . Related episodes: I will PAY you to take my natural gas Oil prices and the Israel-Hamas war For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Jan 29
President Trump is making big moves to shrink and reshape the federal workforce. He's offered buyouts, instituted a hiring freeze, and called for prioritizing job seekers who are "passionate about the ideals of our American Republic." While his actions have drawn criticism, some see an opportunity for the new administration to improve the federal hiring process. Today on the show, Jennifer Pahlka, Senior Fellow at the Niskanen Center, tells us why, in her view, government hiring has been broken for a long time while sharing her thoughts on Trump's proposals to fix it. Related episodes: What happens when Social Security runs out of money? ( Apple / Spotify ) Why Trump's potential tariffs are making business owners anxious ( Apple / Spotify ) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Jan 28
The story of a man who started buying and selling stocks as a hobby ... and got seriously addicted. We also speak with a neuroeconomist about the human brain on day trading. Related episodes: The young trolls of Wall Street are growing up Invest like a Congress member For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Jan 27
With the LA wildfires still burning, we were left with a lot of questions. Today, we answer two of them: whether GoFundMe campaigns could interfere with receiving federal assistance and how much of those "proceeds" from special product sales actually go to wildfire victims. Related episodes: After the fires ( Apple / Spotify ) Why is insurance so expensive right now? And more listener questions ( Apple / Spotify ) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Jan 24
Indicators of the Week unpacks numbers from the news. This week, we delve into what President Trump's first AI announcement reveals about the economics of the industry, a Chinese company's answer to OpenAI, and the reason why Prince Harry may have settled with Rupert Murdoch's media empire. Related listening: Is AI overrated or underrated? ( Apple / Spotify ) AI creates, transforms and destroys... jobs For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Jan 23
A freshly re-inaugurated President Trump is reportedly considering making his first moves on tariffs: a 10% tariff on Chinese imports and a 25% tariff on imports from Canada and Mexico, both of which he says could start as early as next week. If the U.S. slaps tariffs on foreign products, U.S companies that import foreign goods, and their customers, will bear the cost. But, before any of that happens, businesses can also face a less tangible cost—uncertainty. Today on the show, we hear from a couple business owners who experienced Trump's first trade war. And we'll learn how the uncertainty from tariffs, or just the threat of them, can have ripple effects throughout the economy. Related episodes: How Trump's tariffs plan might work Trump's contradictory trade policies For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Jan 22
Grocery prices have gone up 27 percent since before the pandemic. And high prices are especially painful for lower income households, who have less wiggle room to adjust their spending. But their experience isn't always reflected in broad measures of inflation. Today on the show, we look at a different way of measuring price increases that's designed to capture the pain that many households feel daily, including at the supermarket. Read more about the ALICE Essentials Index . Related Episodes: A food fight over free school lunch Feeling inflation in the grocery store For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Jan 21
President Donald Trump's proposal that the United States take "ownership" of Greenland has raised a lot of eyebrows. Can the U.S. just buy itself this big territory? Is that a thing? Turns out if you look at U.S. history, it's absolutely a thing. Today on the show: how massive land deals called "sovereignty purchases" have shaped the country we live in today, and why the idea of the U.S. buying Greenland is a lot more complicated than it would have been in the past. For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Jan 17
It's ... Indicators of the Week! Our weekly look at some of the most fascinating numbers from the news. On today's episode, we examine three measures the Biden administration is squeezing in before the clock runs out. Those include student loan cancellations, a lawsuit against Capital One, and the banishment of a sweet, sweet artificial dye. Related Episodes: How a consumer watchdog's power became a liability Why big banks aren't interested in your savings account For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Jan 16
The Southern California wildfires are devastating large swathes of Los Angeles, destroying homes and businesses and displacing thousands. In the state's strained insurance system, homeowners who can't get fire coverage from traditional insurers are left with just one option—the FAIR Plan. Today on the show, we explain how the FAIR Plan works and the existential problems it now faces as the wildfires put new pressure on California's insurance market. Related episodes: When insurers can't get insurance For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Jan 15
Lithium is one of the hot commodities of the 21st century: needed for electric vehicles, semiconductors needed for AI, and grid-scale batteries. While the U.S. was once a pioneer in lithium production, it's fallen off — with others, including China, taking the reins. On our third and final episode of our grid battery series, we look at the race to produce the key ingredient in most of these batteries. Related episodes: How batteries are already changing the grid ( Apple / Spotify ) How EV batteries tore apart Michigan (Update) ( Apple / Spotify ) The surprising leader in EVs ( Apple / Spotify ) How China became solar royalty ( Apple / Spotify ) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Jan 14
If you want to build a grid-scale battery project in Texas, be prepared to ride the free-market rodeo. On our second episode of this week's battery series, we visit the state that has the second-most battery storage capacity to understand whether large-scale batteries can help prevent blackouts. Related episodes: How batteries are already changing the grid ( Apple / Spotify ) Texas' new power grid problem ( Apple / Spotify ) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Jan 13
Renewable energy, when it comes to solar and wind power, has always had a caveat: it can only run when the wind blows or the sun shines. The idea of a battery was floated around to make renewables available 24/7. For years, it existed as an expensive, little-used technology. And then in 2021, it took off. In California, there is now enough grid-scale battery storage to power millions of homes, at least for a few hours, and it's growing fast. How did that happen, and what does the newfound success mean for the grid? This week, we dig into three stories about grid-scale battery storage. Today, we go on-the-ground to California, where batteries first took off in the U.S. Related episodes: Rooftop solar's dark side ( Apple / Spotify ) How EV batteries tore apart Michigan (Update) ( Apple / Spotify ) How China became solar royalty ( Apple / Spotify ) Wind boom, wind bust (Two windicators) ( Apple / Spotify ) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Jan 10
It's the first Jobs Friday of the new year, and there's good news! The unemployment rate ticked down slightly to 4.1%, and the economy added 256,000 jobs. So, for the last month of 2024, the jobs market finished pretty strong. Today on the show, we look at the indicators from this month's jobs report that give us a snapshot of where our economy's headed. We look at how men are potentially reversing a decades-long trend of declining labor force participation, how people who are unemployed are staying that way for longer and how a lot of Americans saw their wages rise in 2024. PLUS ... we reveal the winner of our Indicator of 2024! Related episodes: Help us pick the indicator of the year! Getting more men into so-called pink-collar jobs For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Jan 8
The online financial website Investopedia compiles an annual list of the top ten financial terms that drew the most interest from their audience. The 2024 list covers familiar concepts like inflation and tariffs, as well as more niche terms like moneyline bets and stock splits. Today, we visit the highlights of 2024 in economic terms. The 2024 Investopedia Terms of the Year Related episodes: The Indicator's bet on the Super Bowl How Trump's tariffs plan might work The tower of NVIDIA For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Jan 7
Last night, after years on cable, WWE's flagship show, Monday Night Raw, made its debut on Netflix. It's another example of live sports programming making the move to streaming as more people abandon cable television. Today on the show, we talk to a TV analyst about what Netflix's increasing investments in live sports means for the war between streamers and cable companies. For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Jan 6
There's a rural area in Arizona with massive groundwater basins underneath the earth. Water should be plentiful there, but wells are running dry. Today on the show, what's behind the water issues in rural Arizona? Related episodes: Why Midwest crop farmers are having a logistics problem ( Apple / Spotify ) Why the US government is buying more apples than ever ( Apple / Spotify ) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Jan 3
On this edition of Indicators of the Week, we discuss the economic legacy of former President, Jimmy Carter. Today on the show, we detail some of his top accomplishments from empowering the Federal Reserve's aggressive approach to inflation, deregulation of major industries and his push for cost saving energy measures that we still feel to this day. For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Jan 2
People with American stocks in their portfolio are likely very happy right now. U.S. stocks were on a tear in 2024. But to some investors, that's a reason to look a longer look at their portfolio. Today on the show, one investor makes the case for the only free lunch in finance: diversification. Related episodes: Invest like a Congress member ( Apple / Spotify ) Rethinking what counts in investing ( Apple / Spotify ) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Dec 31, 2024
Even before the Dune: Part 2 popcorn bucket went viral this year, movie theaters have been trying all types of ways to lure customers back. There's reclining seats, expanded menu options, and even more merchandise. Today on the show, we track the rise of the popcorn bucket and its afterlife on eBay. This piece originally aired on July 23, 2024. Related episodes: Coyote vs. Warner Brothers Discovery ( Apple / Spotify ) Why platforms like HBO Max are removing streaming TV shows ( Apple / Spotify ) Is movie night back? For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Dec 30, 2024
There are some new funds that track stock trading by members of Congress and their family. So we thought, why don't we get in on that? Today on the show, we crack open the Planet Money Investment Jar to learn more about how our political leaders play the market, investing in funds tracking Democratic and Republican stock trades. Whether Congressional stock trading should be limited is a hotly debated matter. So to test whether lawmakers are beating the market, Dartmouth College economist Bruce Sacerdote and his co-authors pitted lawmakers' stock picks against reindeer at a Christmas-styled theme park. Trust us for this ride! It'll all make sense with some intriguing results. This piece originally aired June 18, 2024. Related listening: Stock traders are trying to beat the market — by copying lawmakers WTF is a Bitcoin ETF?( Apple / Spotify ) Planet Money's Toxic Asset Planet Money Summer School: Investing For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Dec 27, 2024
If you need some reading glasses in the United States, you don't have to break the bank to pick some up. That's important for older folks who need a little extra magnification. But in some parts of the world, people who need readers don't have that privilege. Today on the show, we'll find out why that is and learn the economic solution to the reading glasses shortage. This piece originally aired October 9, 2024. Related episodes: Two indicators: supply chain solutions ( Apple / Spotify ) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Dec 26, 2024
Gaming provides entertainment and community for billions of people worldwide. However, video games haven't always been accessible to those with disabilities. But this is changing. Today we explain how accessibility has become an increasingly important priority for game developers and how advocates pushed them to this point. This piece originally aired April 23, 2024. Related episodes: Forever games: the economics of the live service model ( Apple / Spotify ) The Indicator's video game series For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Dec 24, 2024
Happy Holidays from The Indicator! For the next week, we're running some of our favorite shows from this year. On today's show, we fire up the gas logs and pour a mug of cocoa to discuss the made-for-TV rom-com machine, and how television executives learned to mass produce seasonal romance. This piece originally aired October 21, 2024. Related episodes: Love Week series page TV holiday rom coms and the alpaca bubble that burst (PM+ only) Special thanks to Grant-Lee Phillips for our Love Week theme song and Kaitlin Brito for episode artwork. For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Fact-checking by Sierra Juarez . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Dec 23, 2024
2024 is over (phew!). We had weird consumer sentiment vibes, Bitcoin went to the moon, and the economy might have achieved a soft landing. And that's just a few 2024 indicators! As we enter 2025, what indicators should we keep an eye on? Planet Money co-hosts Kenny Malone and Jeff Guo look ahead with Adrian Ma for Indicators of the Year ... Ahead! Related Episodes: Econ Battle Zone: Disinflation Confrontation The Fed cut rates ... now what? (featuring: Sasquatch) The Indicators of this year and next (2023) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Dec 20, 2024
2024 was a wild year for the U.S. economy: The economy did well in terms of inflation and unemployment, but vibes ruled the roost. (Mostly didn't feel great!) Additionally, Bitcoin went to the moon and some wacky stuff was happening with unemployment and job opening rates, showing that we might have achieved an economic soft landing. So ... which of these economic stories defined the year? Our hosts from Planet Money and The Indicator duke it out in ... Family Feud! Tell us who you think won today's episode by submitting your vote to Planet Money's Instagram or email us with "Family Feud" in the subject line. For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Related Episodes: Is the financial media making us miserable about the economy? What's behind Bitcoin's bullrun? What the Beveridge curve tells us about jobs Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Dec 19, 2024
The "silver tsunami" of aging Americans is often seen as a potential way to alleviate the country's housing affordability woes. However, the data suggests that an influx of empty-nester homes coming on the market won't have much of an impact on the problem—because of a geographical mismatch. Today on the show, we speak to an economist who's looked into the silver tsunami's impact on the housing market and thinks this theory might be more of a red herring. This episode was fact checked by Sierra Juarez Related episodes: The graying of America What would it take to fix retirement? How big is the US housing shortage? The highs and lows of US rents For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Dec 18, 2024
President-elect Donald Trump has called for a weaker dollar given it would be good for American exporters. But tariffs, a staple of his economic policy, would actually strengthen the dollar. Today on the show, we explain tariffs and currencies by following one bag manufacturer from New Jersey. Related episodes: How Trump's tariffs plan might work ( Apple / Spotify ) Worst. Tariffs. Ever. (update) ( Apple / Spotify ) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Dec 17, 2024
In the not-so-distant past, serving as someone's job reference meant answering a few questions over the phone. Nowadays, that process is often more involved, with prospective employers asking references for written responses or to fill out a form online. What's behind this shift? On today's show, we check in on reference checks, and ask whether they still matter. Related episodes: Ghost jobs ( Apple / Spotify ) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Dec 16, 2024
President-elect Donald Trump's administration picks are shaping up to be a very affluent bunch. If all are confirmed, Trump's incoming administration would be the wealthiest in the nation's history with a combined net worth upwards of $300 billion. Today on the show, we talk to a few experts about how massive amounts of wealth in high levels of government can impact policy. For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Dec 14, 2024
The Economist's Simon Rabinovitch argues the U.S. economy has a set of structural advantages that have allowed it to perform remarkably well in the last couple of years compared to other developed countries. But could President-elect Donald Trump's second term in office put that edge at risk? Adrian Ma spoke with Rabinovitch for a recent episode of The Indicator. This episode is an extended cut of their conversation, previously released for Planet Money+ supporters. For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Dec 13, 2024
It's the most wonderful time of year, er, week, because it's that time when we look at the most fascinating economic numbers from the news. On today's Indicators of the Week: A messy grocery store breakup, a quantum leap in subatomic computing and an unexpected change to the Christmas tree market. Happy holidays! Related Episodes: The Efficient Christmas: Why Economists Hate Gifts We buy a lot of Christmas trees Can an old law bring down grocery prices? For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Dec 12, 2024
In 2012, Karam Shaar had to leave his home country of Syria due to the civil war. But he still wanted to make a difference. Through his economic analysis , he uncovered concerning patterns about how the Assad regime and its cronies were siphoning money from humanitarian aid. Today on the show, the story of how one Syrian exile contributed to the resistance while on the other side of the world. Related episodes: The cost of a dollar in Ukraine ( Apple / Spotify ) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Dec 11, 2024
The Federal Reserve's last Beige Book of 2024 is like Spotify Wrapped but for the economy. There's a little bit of everything inside — labor markets, inflation and even natural disasters. On today's show, we spotlight Western North Carolina's challenging recovery after Hurricane Helene, and check in with an Asheville malt manufacturer on the impact to local businesses. For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Dec 10, 2024
Back in 2016, the economy of Mozambique tipped into crisis. The culprit was a government corruption scandal linked to more than $1 billion that officials borrowed in secret. This was a high-profile example of hidden debt, but it's far from the only example. In fact, this kind of secret borrowing is a large and common problem among countries. Today on the show, a pair of economists share their new research on hidden debt and how it affects everyday people. Related Episodes: Why a debt tsunami is coming for the global economy What looks like a bond and acts like a bond but isn't a bond? For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Dec 9, 2024
Influence. The ability to persuade, motivate, or connect with other people. It's one of these skills that's hard to measure, but incredibly important in the office. However, some would argue that we often misunderstand how influence works. Today on the show, we talk to Steve Martin, Faculty Director of Behavioral Science at Columbia Business School, about the unspoken rules of influence in the workplace. Steve is author of a recently published book titled, " Influence at Work ". For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Dec 6, 2024
Many men in America don't feel like they're doing as well as their fathers. But what does the data say? Today on the show, we speak to Richard Reeves from the American Institute for Boys and Men about what's really going on with men's wages and what potential solutions could look like. Related episodes: Jobs Friday: Why apprenticeships could make a comeback Getting more men into so-called pink-collar jobs For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Dec 5, 2024
SpaceX is capping off a busy 2024, with more than 100 rocket launches, including its vaunted Starship. NPR Science Correspondent Geoff Brumfiel attended the November launch of Starship alongside SpaceX founder Elon Musk and president-elect Donald Trump. He spoke with NPR's Short Wave about the environmental impact of these launches in south Texas — and what a second Trump administration could mean for the company. Related episode: Elon's giant rocket For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Dec 4, 2024
From retail to fast food to nursing, one-day strikes have been a growing trend over the last decade. But what makes one-day strikes more or less effective than longer strikes? Do they achieve the same goals? On today's show, what do short strikes say about union power in the US and what can you accomplish with only 24 hours on the picket line . Related Episodes: What the data reveal about U.S. labor unrest The Indicator Quiz: Labor Edition The never-ending strike For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Dec 3, 2024
Boeing continues to struggle. Safety concerns, a door blowing off mid-flight, a labor strike, impending layoffs ... and that's just the past year. What's gone wrong at Boeing? For many observers, the mistake was shifting focus from engineering to financial engineering. Today on the show we explain what financial engineering is and why this cultural change at Boeing may have led to the company's current problems. Related Episodes: Help Wanted at Boeing Boeing's woes, Bilt jilts, and the Indicator's stock rally For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Dec 2, 2024
President-elect Donald Trump made a lot of economic promises on the campaign trail, but none as sweeping as his plan to enact tariffs. Trump believes taxing imports from other countries will help reduce the U.S. trade deficit and raise money for things like tax cuts. Today on the show, how might these tariffs work and will they work? Or is everything about to get more expensive? Find more of Kyla Scanlon's work on YouTube and TikTok . Related episodes: What are Trump's economic plans ( Apple / Spotify ) Why tariffs are SO back ( Apple / Spotify ) Trade wars and talent shortages ( Apple / Spotify ) A brief history of tariffs For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Nov 27, 2024
Many were waiting longer than expected to hear Donald Trump name his nominee for Treasury Secretary, the person in charge of pursuing his economic agenda. Now, we have an answer: hedge fund manager Scott Bessent. Today on the show, what are the actual implications of what a Treasury Secretary does on you and me? And how does the Treasury Department affect regular Americans? Related episodes: The IRS wants to do your taxes for free. Will it last? ( Apple / Spotify ) The U.S. economy's biggest superpower, explained ( Apple / Spotify ) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Nov 26, 2024
Across the U.S., millions of people are feeling the burden of high housing costs. During his campaign, president-elect Donald Trump promised to do something about that. But what exactly is that something? Today on the show, NPR's business correspondent, Laurel Wamsley, explains Trump's ideas for the housing market. For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Nov 25, 2024
Housing affordability is a top concern for Americans and a hot political topic. Estimates for the number of needed homes stretch into the millions, but how is this actually counted? Today on the show, we explain the tricky business of quantifying the US housing shortage. For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Nov 22, 2024
We are back with a pricey Indicators of the Week. Today, we're digging into why it's so hard to get price information from funeral providers, how much a single banana could possibly cost, and just how much richer Elon Musk has become since Donald Trump's election win. Related episodes: Why is everyone talking about Musk's money? ( Apple / Spotify ) Artists vs. AI ( Apple / Spotify ) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Nov 21, 2024
As Wall Street investors divine what a second Trump administration might mean for markets, there's talk of a new gang in town: the bond vigilantes. On today's show, where they came from, what they want, and how to tell when they're about to spring into action. Related episodes: Trying to solve the mystery of big bond yields What the 'bonkers' bond market means for you For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Nov 20, 2024
There's been a lot of research showing how third spaces — a place that isn't the home nor the workplace — have brought communities together, even catalyzed revolutions. New research shows that coffee shops in particular could be key to sparking new businesses, too. Today on the show, caffeine-fueled entrepreneurship. We go back a few decades for the story of how Magic Johnson partnered to build Starbucks cafes in Black and Latino neighborhoods, and how new research has shed light on how Magic's plan changed entrepreneurship in those communities. Related Episodes: Oil gluts, Russian bucks, and Starbucks Magic Johnson on basketball, business, and being the face of HIV For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Nov 19, 2024
Events like the recent dock worker's strike and hurricanes sparked panic buying among American shoppers. Today, a logistics expert helps us craft a shopper's guide for how to navigate a supply chain crisis. For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Nov 18, 2024
There is a LOT of economic news happening at the moment (it all happens, so very much of it, all the time), so we wanted to give you an idea of what we here at The Indicator are keeping tabs on. Today on the show, we look ahead to: countries coughing up money for climate change at COP29, how confident are home builders feeling right now, and ... is US manufacturing REALLY in decline? Related Episodes: A countdown to climate action Why aren't more people taking on the trades? Do polluters pay, or do they get paid? For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Nov 17, 2024
Today, we're sharing an episode of a podcast that we've enjoyed, and think you will, too! It's called The Economics of Everyday Things. It's made by the Freakonomics Radio Network and on each of its episodes, host Zachary Crockett uncovers the hidden stories behind ordinary things! Stock photos, girl scout cookies, and cashmere sweaters, you name it. In this episode, you're about to hear Zachary crack the lid open on ... the humble pizza box. For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Nov 15, 2024
On Indicators of the Week, we cover our favorite numbers in the news. On this week's edition we cover Netflix's foray into live sports, the possible psychology behind the post-election cryptocurrency rally, and a struggling DNA company's fight for survival. For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Nov 14, 2024
Nuclear energy hasn't been a growing industry in decades. But now, it seems to be making a comeback. This week, the Biden administration announced a goal to triple nuclear energy capacity in the US by 2050. And over the past few months, Amazon, Microsoft, and Google have all made deals to use nuclear energy to power their artificial intelligence appetites. Today on the show, could nuclear energy work differently this time? Related episodes: The debate at the heart of new electricity transmission ( Apple / Spotify ) Wind boom, wind bust (Two windicators) ( Apple / Spotify ) How China became solar royalty ( Apple / Spotify ) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Nov 13, 2024
Major flooding events are increasingly common across the U.S., but homeowners looking for flood insurance will find few choices. The main providers of flood insurance is the U.S. government through the National Flood Insurance Program, or NFIP. But even though the NFIP is one of the only flood insurance games in town, it's drowning in debt. On today's episode, the NFIP's struggle to stay afloat. Related listening: Hazard maps: The curse of knowledge ( Apple / Spotify ) When insurers can't get insurance Flood money For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Nov 12, 2024
In a first-best world, we'd all save enough money and there'd be no scammers. In a second-best world, we'd all know how to protect ourselves. That's what Sheila Bair thought, too. As former chair of the FDIC, she noticed many kids and adults weren't quite getting the education they needed. So, she decided to do something about it. Today on the show: What Sheila Bair has learned about American capitalism as one of its top regulators and how she's trying — one book at a time — to help new generations from falling into its traps. We learned about Sheila Bair's kids books from listener Erin Vetter. If you've come across anything that makes finance fun, email us! We're at indicator@npr.org . Related Episodes: Mailbag: Children Edition Beach reads with a side of economics For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Nov 11, 2024
The federal government has been tracking the weather for more than 150 years. Yet over the last few decades, the rise of the Internet and big tech have made weather forecasting a more crowded space. Today on the show: the value of an accurate forecast and the debate over who should control the data. Related stories: Hazard maps: The curse of knowledge ( Apple / Spotify ) Should we invest more in weather forecasting? After a year of deadly weather, cities look to private forecasters to save lives For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Nov 8, 2024
It's ... Indicators of the Week! It's that time of week when we look at the most fascinating economic numbers from the news. On today's episode: Election aftermath. Stocks jump, the temperamental Mexican peso, and which states are raising minimum wage. Related Episodes: Should We Raise The Minimum Wage? America's economy is the envy of the world. Will it stay that way? Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Nov 7, 2024
This week, a powerful hurricane hit Cuba, causing nationwide electricity outages — right after a string of power failures that have plagued the country in recent months. These power outages are a low point for a country that has struggled economically for years and is experiencing mass emigration. Today on the show, we explain why Cuba is struggling to keep the lights on and investigate the root causes of the Caribbean nation's dramatic fall. For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Nov 6, 2024
Donald Trump's victory in this year's election had a lot to do with how many Americans feel about the US economy (surprise: not good). But Simon Rabinovitch, US Economics Editor for The Economist, argues that, despite the turmoil of the past few years, America's economy remains the envy of the world. Today on the show, Simon explains why that is, but also why he believes a Trump presidency puts America's 'economic exceptionalism' at risk. The envy of the World - The Economist Related episodes: How much do Presidents ACTUALLY influence the economy? ( Apple / Spotify ) Why are some nations richer? ( Apple / Spotify ) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Nov 5, 2024
It's the most important day of the year for the country ... The Beigie Awards! The Beigie Awards are back to recognize the regional Federal Reserve Bank with the best Beige Book entry. This time, we shine a spotlight on one entry that speaks to a logistics problem affecting farms in the midwest. Related episodes: Using anecdotes to predict recessions ( Apple / Spotify ) The Beigie Awards: Why banks are going on a "loan diet" ( Apple / Spotify ) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Nov 4, 2024
For the second year in a row, the U.S. government is buying the largest quantity of apples in its history because there are not enough consumers and processors who want to buy them. Today on the show, an abundance of apples and why some apple growers are getting out of the game altogether. For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Nov 1, 2024
The Bureau of Labor Statistics reported the unemployment rate remained steady at 4.1% and 12,000 jobs were added to the U.S. economy during October. It's a lower-than-expected jobs number, from a period that saw two significant hurricanes in the southeast and a strike from workers at Boeing. Today on the show, we explain the complexities of calculating the monthly job numbers, and why the Bureau of Labor Statistics can be trusted. Related episodes: Behind the scenes of Jobs Friday ( Apple / Spotify / NPR ) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Oct 31, 2024
In 1880, the Chinese were the biggest group of immigrants in the western U.S. But Sinophobic sentiments crystallized into racist policies and eventually the Chinese Exclusion Act of 1882. The rationale was that banning Chinese laborers would boost job opportunities for U.S.-born workers. Today, an economist explains how the Chinese exclusion laws affected the economies of western states and what it says about our current debate over immigration and jobs. Read the working paper co-authored by Nancy Qian. A digital scan of the photo album in the California Historical Society's collections is available here . For more on this period of history, check out At America's Gates: Chinese Immigration during the Exclusion Era, 1882-1943 by Erika Lee. Related episodes: What's missing in the immigration debate ( Apple / Spotify ) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Oct 30, 2024
Immigration is a top concern among U.S. voters this election cycle. But Zeke Hernandez , a professor at the University of Pennsylvania who studies immigration,thinks politicians and the media aren't giving the public the full story. Too often, he argues, they paint immigrants as objects of pity or fear, when the reality is much more complex — and positive. Today on the show, we look beyond the binary and explore the less talked about ways documented and undocumented immigrants shape the U.S. economy. Zeke's book is called The Truth About Immigration: Why Successful Societies Welcome Newcomers . Related listening: Is the border crisis really a labor market crisis? ( Apple / Spotify ) Do immigrants really take jobs and lower wages? ( Apple / Spotify ) Welcome to the USA! Now get to work ( Apple / Spotify ) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Oct 29, 2024
Social Security has thus far been self-sustaining—payroll taxes go into this big fund, which then pays out monthly checks. But the problem we have now is the money coming into that fund is not keeping up with the money going out. The election hasn't been great for people concerned about the government's finances. The Committee for a Responsible Federal Budget estimates that Donald Trump's election proposals will speed up the rundown in the Social Security fund by a few years. So, when Social Security runs out of money as it's projected to do ... could we just borrow more money? And if so, what would that mean for the already rising government's debt? Today on the show, how worried should we be about Social Security and the federal debt? We explain a fresh indicator to assess whether or not America's getting too far in the red. Related Episodes: What does the next era of Social Security look like? Iceberg ahead for Social Security For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Oct 28, 2024
The Maldives is a small island nation struggling with a heavy debt load. Its borrowing includes $500 million worth of something called sukuk. These are bond-like investments that don't pay interest, to be in line with Islamic law. Today on the show, we explain how sukuk works, how it fits into the larger world of Islamic finance and what might happen if the Maldives can't pay back its debt. For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Oct 25, 2024
We ask economists for their expertise all the time on The Indicator, so why not their tips on love? On our final installment of Love Week , we ask economist Tim Harford to answer listeners' relationship quandaries, from paying for a first date to alternatives to saying, 'I love you.' Thanks to Grant-Lee Phillps for composing our Love Week theme song and Kaitlin Brito for artwork. Related episodes: Trying to fix the dating app backlash ( Apple / Spotify ) How American heiresses became Dollar Princesses ( Apple / Spotify ) Why the publishing industry is hot (and bothered) for romance ( Apple / Spotify ) It's Love Week! How the TV holiday rom-com got so successful ( Apple / Spotify ) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Oct 24, 2024
Unanswered messages. Endless swiping. An opaque algorithm. The backlash to online dating feels like it's reached a fever pitch recently. For today's Love Week episode, why people are unhappy with online dating and what Hinge's CEO is trying to do about it. Also, a Nobel Prize economist delivers a little tough love. Related listening: How American heiresses became Dollar Princesses ( Apple / Spotify ) Why the publishing industry is hot (and bothered) for romance ( Apple / Spotify ) It's Love Week! How the TV holiday rom-com got so successful ( Apple / Spotify ) Hinge: Justin McLeod (How I Built This) The dating app paradox The economics behind sorority rush Special thanks to Grant-Lee Phillips for our Love Week theme song and Kaitlin Brito for episode artwork. For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Oct 23, 2024
In the late 19th century, British aristocrats had a big problem. They were short on cash to fund their lifestyles and maintain their vast country estates. In our third installment of Love Week, we look at the economic forces that drove some British men of the time to marry American heiresses, dubbed "Dollar Princesses," forming a union of money, status and, sometimes, love. For more on Dollar Princesses, Mark Taylor's research paper is published here . Kristen Richardson's book is called The Season: A Social History of the Debutante . Related episodes: Why the publishing industry is hot (and bothered) for romance ( Apple / Spotify ) It's Love Week! How the TV holiday rom-com got so successful ( Apple / Spotify ) Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Oct 22, 2024
Once relegated to supermarket aisles, romance books are now mainstream. And authors, an often-maligned group within publishing, have found greater commercial success than many writers in other genres. On today's episode of Love Week , our series on the business of romance, we find out how romance novelists rode the e-book wave and networked with each other to achieve their happily-for-now status in the industry. Read more by Christine Larson , Priscilla Oliveras and Natalie Caña . Thanks to Grant-Lee Phillips for our theme song and Kaitlin Brito for artwork. Related listening: It's Love Week! How the TV holiday rom-com got so successful ( Apple / Spotify ) Rufaro Faith's 'Let the Games Begin' is a rom-com set in the Olympic village Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Oct 21, 2024
Welcome to Love Week on the Indicator, our weeklong series exploring the business and economic side of romance. On today's show, we fire up the gas logs and pour a mug of cocoa to discuss the made-for-TV rom-com machine, and how television executives learned to mass produce seasonal romance. Special thanks to Grant-Lee Phillips for our Love Week theme song and Kaitlin Brito for episode artwork. For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Oct 18, 2024
It's ... Indicators of the Week! It's that time of week where we look at the most intriguing indicators from this last week of economic and business news. On today's episode: NHPR's Nate Hegyi , host of the podcast Outside/In , joins us to talk natural disaster loans, election prediction markets and ... potato chips? Related Episodes: What's with all the tiny soda cans? And other grocery store mysteries, solved. A market to bet on the future For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
Oct 17, 2024
When the leader of the Wagner group, Yevgeny Prigozhin died in an exploding plane widely attributed to Russian President Vladimir Putin, it wasn't clear what would happen. Today, why the Wagner Group has been called the world's most dangerous private army, its relationship with Russia and how its business model creates a blueprint for others to follow. Related episodes: Not your typical army: how the Wagner Group operates ( Apple / Spotify ) How the 'shadow fleet' helps Russia skirt sanctions ( Apple / Spotify ) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org . Music by Drop Electric . Find us: TikTok , Instagram , Facebook , Newsletter . Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy