The Indicator from Planet Money

It’s Indicators of the Week, our weekly look at some of the most fascinating numbers from the news. (Now on YouTube!) On today’s episode: Is the middle class actually hollowing out? Are more e-ships powered by batteries on the horizon? And how much are the first batch of L.A. Olympics tickets going for??? Related episodes: Why the Olympics cost so much The Indicator Takes On Batteries Are the Simpsons still middle class? 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, Julia Ritchey and Vito Emanuel. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.  To manage podcast ad preferences, review the links below:See pcm.adswizz.com for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences.NPR Privacy Policy

Over the last half decade, wholesale electricity prices have increased 267% in places close to data centers. That’s contributed to a backlash against new ones. But some experts believe data centers are a scapegoat for long-term issues with an aging U.S. grid. Today on the show, we ask who is responsible for rising electricity prices and whether the U.S. can handle a new era of grid growth. Come see Planet Money live on stage! 12 cities. Details and tix here: planetmoneybook.com/#tourRelated episodes: All these data centers are gonna fry my electric bill … right? What AI data centers are doing to your electric bill 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.  To manage podcast ad preferences, review the links below:See pcm.adswizz.com for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences.NPR Privacy Policy

Come see Planet Money live on stage! 12 cities. Details and tix here: planetmoneybook.com If you’re a commuter, gas prices may not be your friend right now. The average cost of a gallon is more than $4 across the country. California’s average is close to $6. So how are drivers around the country responding? Today on the show, we hear how they’re adapting to higher prices and how much this gas price increase could cost Americans over the year. Related episodes: Will Trump’s shipping insurance plan work?Breaking down the price of gasolineFor 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.  To manage podcast ad preferences, review the links below:See pcm.adswizz.com for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences.NPR Privacy Policy

We practically live on our phones these days. Scrolling and scrolling, endlessly. Entrepreneur Aza Raskin is responsible for creating this infinite scroll. He also testified against Meta, who have been under fire — and in court — charged with making their apps addictive to children.  On today’s show: Raskin tells us about the changes he thinks platforms should make to help people take their attention back. Come see Planet Money live on stage! 12 cities. Details and tix here: planetmoneybook.com Related episodes: The Social Media Crisis How algorithms are changing the way we speak 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.  To manage podcast ad preferences, review the links below:See pcm.adswizz.com for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences.NPR Privacy Policy

Come see Planet Money live on stage! 12 cities. Details and tix here: planetmoneybook.com It’s not often you get to talk to a regional Fed president, let alone two at the same time!Today on the show, we take the temperature of the economy with regional Fed presidents Austan Goolsbee and Beth Hammack.Related episodes: One Fed battle after anotherAmerica's next top Fed ChairFor 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.To manage podcast ad preferences, review the links below:See pcm.adswizz.com for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences.NPR Privacy Policy

Come see Planet Money live on stage! 12 cities. Details and tix here: planetmoneybook.comEconomists have described the state of the jobs market as “low hire, low fire.” That means employers are not cutting many jobs, but they're also not adding much either, a dismal prospect for many new college grads. On this edition of Jobs Friday, we go to Howard University in Washington, D.C. to see how graduating seniors are faring. Related episodes: Just how bad are these jobs numbers?  Do I need a four-year degree?  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.  To manage podcast ad preferences, review the links below:See pcm.adswizz.com for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences.NPR Privacy Policy

Freedom of the Seas. GPS. The Large Hadron Collider. These are all public goods that make our world more prosperous, accurate, and knowledgeable. But we don’t always give them the attention they deserve. Today on the show, the Planet Money book’s main author Alex Mayyasi joins us to take an audio world tour of spectacular public goods, one whimsical postcard at a time. These postcards are gorgeously illustrated in the Planet Money book. Come see Planet Money live on stage in April! 12 cities. Details and tix here: https://tix.to/pm-book-tour. Related episodes: Lighthouses, Autopsies And The Federal Budget 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.  To manage podcast ad preferences, review the links below:See pcm.adswizz.com for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences.NPR Privacy Policy

Pokémon cards are scorching hot right now. An index tracking the thousands of rare cards shows that valuations have increased 170% in the last year alone. Growth like that really makes you wish you hadn’t given away all your childhood cards years ago.Today on the show, we cover three things that are contributing to the rapid growth of shiny cards produced by the world’s highest-grossing media franchise.Come see Planet Money live on stage in April! 12 cities. Details and tix here: https://tix.to/pm-book-tour. Related episodes: The secret to Nintendo's successThe curious rise of novelty popcorn bucketsThe Curse Of The Black Lotus (Update)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.To manage podcast ad preferences, review the links below:See pcm.adswizz.com for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences.NPR Privacy Policy

There is a $3 trillion dollar black box at the center of the economy. It’s called private credit. These are direct loans from private investors to private companies. They’re often riskier, less regulated than traditional bank loans – and far less transparent. Spooked investors are scrambling to cash out, and some funds aren’t letting them. It’s all fueling fears of another financial crisis. On today’s show, the private credit exodus. Come see Planet Money live on stage in April! 12 cities. Details and tix here: https://tix.to/pm-book-tour. Related episodes: What could break next? Who’s financing Meta’s massive AI data center?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.  To manage podcast ad preferences, review the links below:See pcm.adswizz.com for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences.NPR Privacy Policy

School lunch has been revamped a ton over the last two decades. Now, the Trump administration wants to rejigger the menu once more to align with its Make America Healthy Again agenda. That means more meat. More dairy. But do schools really need another menu overhaul? And could they even afford it?On today’s show, we join a school lunch line in South Carolina to find out what kids are actually eating.Come see Planet Money live on stage in April! Twelve cities. Details and tix here: https://tix.to/pm-book-tour. Related episodes: A food fight over free school lunchHow beef climbed to the top of the food pyramidFor 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.  To manage podcast ad preferences, review the links below:See pcm.adswizz.com for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences.NPR Privacy Policy

It’s Indicators of the Week (now on YouTube!). It’s our weekly look at some of the most fascinating economic numbers from the news. On today’s episode: The US ain’t doing too hot in attracting European tech workers; OpenAI takes its video generator Sora behind the barn; and a rapper, pound cake, and the police. Related episodes: OpenAI's deals are looking a little frothy We're about to lose a lot of foreign STEM workers 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 Vito Emanuel. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.  To manage podcast ad preferences, review the links below:See pcm.adswizz.com for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences.NPR Privacy Policy

Every time you buy a ticket that leaves a U.S. airport, you pay a fee that’s supposed to help fund the TSA. So why have TSA workers been working without pay? Today on the show, we explore the history behind an earmarked tax and its very personal impacts.Come see Planet Money live on stage in April! 12 cities. Details and tix here: https://tix.to/pm-book-tour. Related episodes: Your next flight doesn't have to be so expensive. Here's why How flying got so bad (or did it?) 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.  To manage podcast ad preferences, review the links below:See pcm.adswizz.com for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences.NPR Privacy Policy

Why are flight tickets so expensive right now? Increased oil prices seems like it’d be the obvious answer. That’s mostly right. Airlines used to do some financial magic to help keep airfare down as oil prices increased, a strategy called “fuel hedging.” But they stopped. And now fliers are on the hook for a lot of the difference. On today’s show, the lost art of fuel hedging. How it worked, plus why airlines stopped doing it.Come see Planet Money live on stage in April! 12 cities. Details and tix here: https://tix.to/pm-book-tour. Related episodes: A lot of gas trapped, oil reserves tapped, and Live Nation gets a (tiny) capWill Trump’s shipping insurance plan work?Listener Questions: Airline tickets, grocery pricing and the FedFor 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.To manage podcast ad preferences, review the links below:See pcm.adswizz.com for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences.NPR Privacy Policy

How has Russia’s economy not completely collapsed after four years of war, sanctions and billions in debt? One economist says it is the war that has been propping up Russia's economy, not the other way around. He calls it smertonomika or death economics.On today’s show, six reasons why Russia’s economy is still chugging along despite burning money by the billions waging war on Ukraine.Come see Planet Money live on stage in April! 12 cities. Details and tix here: https://tix.to/pm-book-tour. Related episodes: How your favorite fish sticks might be funding Russia's warWho’s propping up Russian oil?The economic war against Russia, a year laterFor 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.To manage podcast ad preferences, review the links below:See pcm.adswizz.com for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences.NPR Privacy Policy

Live from London, it’s Saturday Night? Saturday Night Live made its UK debut over the weekend after a well-hyped promotional campaign. Will this all-American sketch show translate to British audiences? We examine SNL’s multi-million dollar gamble. Come see Planet Money live on stage in April! 12 cities. Details and tix here: https://tix.to/pm-book-tour. Related episodes: Why Paramount went looney tunes for Warner Bros.  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.  To manage podcast ad preferences, review the links below:See pcm.adswizz.com for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences.NPR Privacy Policy

It’s Indicators of the Week (now on YouTube!). It’s our weekly look at some of the most fascinating economic numbers from the news. On today’s episode: The Trump administration cracks down on immigrant truck drivers, Poland becomes a top-twenty economy, and the booming business of … ant smuggling? Related episodes: A trucker, a farmer, and an entrepreneur walk into a global supply shock You Could Always Go To Poland The little pet fish that saved a town in the Amazon 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 Vito Emanuel. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter. To manage podcast ad preferences, review the links below:See pcm.adswizz.com for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences.NPR Privacy Policy

Iran is using an affordable strategy to even the playing field in the war with the U.S. It’s using drones that cost in the thousands of dollars to combat American missiles that cost several million. Military analysts have already signaled concern about the U.S. producing enough munitions, and this isn’t helping. Today on the show, why the U.S. spends so much on munitions and what it’s learning from Iran. Come see Planet Money live on stage in April! 12 cities. Details and tix here: https://tix.to/pm-book-tour. Related episodes: Are we overpaying for military equipment?Can Just-In-Time handle a new era of war? A trucker, a farmer, and an entrepreneur walk into a global supply shock Are we overpaying for military equipment?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.  To manage podcast ad preferences, review the links below:See pcm.adswizz.com for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences.NPR Privacy Policy

It’s really hard to estimate the total cost of war in the middle of one. Over the first six days of the Iran war, an estimated $11.3 billion was charged to the public purse. But long-term costs take years to manifest. Even daily costs are fuzzy. Take munitions: the Department of Defense hasn’t budgeted for  many of the bombs it's dropping. One more time. The bombs – the bombs! – are not totally priced in.On today’s show, estimating the cost of the Iran war right now. And how healthcare, disability benefits, environmental costs and interest payments could add to its future price tag.Come see Planet Money live on stage in April! Twelve cities. Details and tix here: https://tix.to/pm-book-tour. Related episodes: A trucker, a farmer, and an entrepreneur walk into a global supply shockA lot of gas trapped, oil reserves tapped, and Live Nation gets a (tiny) capWill Trump’s shipping insurance plan 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.To manage podcast ad preferences, review the links below:See pcm.adswizz.com for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences.NPR Privacy Policy

The U.S. and Israel war with Iran is causing a shock to the economic system. Gas prices are higher, diesel too, and even fertilizer is being affected. Today on the show, we speak to three people about the economic ripple effects of the conflict: a truck driver, an Iowa corn farmer, and a manufacturer of an alternative to plastics.Come see Planet Money live on stage in April! 12 cities. Details and tix here: https://tix.to/pm-book-tour. Related episodes: A lot of gas trapped, oil reserves tapped, and Live Nation gets a (tiny) capWill Trump’s shipping insurance plan work? How Iran’s flagging economy inflamed its protests 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.  To manage podcast ad preferences, review the links below:See pcm.adswizz.com for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences.NPR Privacy Policy

If you were in the business of making a bunch of money in 2026, you probably wouldn’t pick journalism. From social media to AI, the attention economy has upended the economic calculus for delivering news. But some entrepreneurs are looking to buck the trend.Today on the show, we examine what the success of two startups could mean for the future of journalism.Come see Planet Money live on stage in April! 12 cities. Details and tix here: https://tix.to/pm-book-tour. Related episodes: A brief history of NPR funding 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.To manage podcast ad preferences, review the links below:See pcm.adswizz.com for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences.NPR Privacy Policy