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The Indicator from Planet Money

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    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...
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    • 5 months ago
    08:54
    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 n...
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    • 5 months ago
    09:10
    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 ...
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    • 9 months ago
    09:07
    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 sys...
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    • 9 months ago
    09:12
    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. ...
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    • 9 months ago
    09:05
    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...
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    • 9 months ago
    09:13
    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 a...
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    • 9 months ago
    09:24
    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 su...
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    • 9 months ago
    08:59
    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 emplo...
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    • 9 months ago
    09:25
    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 ...
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    • 9 months ago
    08:59
    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 ...
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    • 9 months ago
    09:29
    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 ...
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    • 9 months ago
    09:10
    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...
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    • 9 months ago
    08:46
    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 ...
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    • 9 months ago
    09:22
    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 populatio...
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    • 9 months ago
    09:18
    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 control...
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    • 9 months ago
    09:11
    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 ...
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    • 9 months ago
    09:27
    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 gove...
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    • 9 months ago
    08:39
    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 on...
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    • 9 months ago
    09:03
    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...
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    • 9 months ago
    09:28
    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 grade...
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    • 9 months ago
    09:29
    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 Tr...
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    • 10 months ago
    08:54
    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 politic...
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    • 10 months ago
    08:56
    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 sociali...
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    • 10 months ago
    09:30
    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...
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    • 10 months ago
    09:29
    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 th...
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    • 1 year ago
    09:29
    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 yo...
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    • 1 year ago
    09:29
    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 eve...
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    • 1 year ago
    09:06
    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 worker...
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    • 1 year ago
    07:45
    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 ...
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    • 1 year ago
    09:19
    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...
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    • 1 year ago
    09:00
    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 ...
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    • 1 year ago
    09:05
    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 u...
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    • 1 year ago
    09:29
    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 St...
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    • 1 year ago
    09:29
    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 industri...
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    • 1 year ago
    09:07
    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 ...
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    • 1 year ago
    08:12
    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 beachesWe Set Up A...
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    • 1 year ago
    09:29
    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?...
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    • 1 year ago
    09:32
    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 terr...
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    • 1 year ago
    08:10
    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 Epi...
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    • 1 year ago
    09:29
    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 ...
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    • 1 year ago
    09:28
    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 ...
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    • 1 year ago
    08:13
    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: St...
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    • 1 year ago
    09:14
    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 chanc...
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    • 1 year ago
    09:28
    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...
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    • 1 year ago
    09:23
    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...
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    • 1 year ago
    09:09