The Indicator from Planet Money
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  • Want a 2.5% mortgage? Buy it.
  • The anxiety rattling China’s youth
  • Why Paramount went looney tunes for Warner Bros.
  • Should the families of organ donors be compensated?
  • ICE is bad for business, heat is bad for coffee, and sci-fi is bad for markets

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The Indicator from Planet Money

The Indicator from Planet Money

A bite-sized show about big ideas. From the people who make Planet Money, The Indicator helps you make sense of what's happening in today's economy. It's a quick hit of insight into money, work, and business. Monday through Friday, in 10 minutes or less.

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    300 episodes

    Scam compounds, sewing patterns and stolen dimes

    Scam compounds, sewing patterns and stolen dimes

    Oct 10, 202511 min

    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 (https://www.economist.com/audio/podcasts/scam-inc). Wailin Wong: Wednesday Journal’s A tangled mess (https://www.oakpark.com/2017/07/25/a-tangled-mess/)  Adrian Ma: Philadelphia Inquirer’s Dime Heist story (https://www.inquirer.com/crime/dime-theft-philadelphia-suspect-court-hearing-20250225.html)  Related episodes: Fighting AI with AI (https://www.npr.org/2025/10/06/nx-s1-5561881/fighting-ai-with-ai) What’s supercharging data breaches? (https://www.npr.org/2025/10/07/nx-s1-5563884/whats-supercharging-data-breaches)  When cartels start to diversify (https://www.npr.org/2025/10/08/nx-s1-5553663/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 (http://plus.npr.org/). Fact-checking by Sierra Juarez (https://www.npr.org/people/1268825622/sierra-juarez). Music by Drop Electric (https://dropelectric.bandcamp.com/). Find us: TikTok (https://www.tiktok.com/@planetmoney), Instagram (https://www.instagram.com/planetmoney/), Facebook (https://www.facebook.com/planetmoney), Newsletter (https://www.npr.org/newsletter/money). To manage podcast ad preferences, review the links below: See pcm.adswizz.com (https://pcm.adswizz.com) for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences. Learn more about sponsor message choices: podcastchoices.com/adchoices (https://podcastchoices.com/adchoices) NPR Privacy Policy (https://www.npr.org/about-npr/179878450/privacy-policy)

    Pig ButcheringScam IncThe Economist
    How AI might mess with financial markets

    How AI might mess with financial markets

    Oct 9, 202510 min

    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? (https://www.npr.org/2025/09/04/nx-s1-5527315/how-much-is-ai-actually-affecting-the-workforce)  Shorters Gonna Short (https://www.npr.org/sections/money/2015/03/06/391023353/episode-608-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 (http://plus.npr.org/). Fact-checking by Sierra Juarez (https://www.npr.org/people/1268825622/sierra-juarez). Music by Drop Electric (https://dropelectric.bandcamp.com/). Find us: TikTok (https://www.tiktok.com/@planetmoney), Instagram (https://www.instagram.com/planetmoney/), Facebook (https://www.facebook.com/planetmoney), Newsletter (https://www.npr.org/newsletter/money).   To manage podcast ad preferences, review the links below: See pcm.adswizz.com (https://pcm.adswizz.com) for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences. Learn more about sponsor message choices: podcastchoices.com/adchoices (https://podcastchoices.com/adchoices) NPR Privacy Policy (https://www.npr.org/about-npr/179878450/privacy-policy)

    AI Market ManipulationDeepfakesTrading Bots
    When cartels start to diversify

    When cartels start to diversify

    Oct 8, 20259 min

    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? (https://www.npr.org/2024/04/01/1197963517/dupont-chemours-chemicals-cows)  Waste Land (https://www.npr.org/2020/09/11/912150085/waste-land)  Will Economic Growth Destroy the Planet? (https://www.npr.org/sections/money/2011/10/25/141701559/the-tuesday-podcast-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 (http://plus.npr.org/). Fact-checking by Sierra Juarez (https://www.npr.org/people/g-s1-26724/sierra-juarez). Music by Drop Electric (https://dropelectric.bandcamp.com/). Find us: TikTok (https://www.tiktok.com/@planetmoney), Instagram (https://www.instagram.com/planetmoney/), Facebook (https://www.facebook.com/planetmoney), Newsletter (https://www.npr.org/newsletter/money).   To manage podcast ad preferences, review the links below: See pcm.adswizz.com (https://pcm.adswizz.com) for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences. Learn more about sponsor message choices: podcastchoices.com/adchoices (https://podcastchoices.com/adchoices) NPR Privacy Policy (https://www.npr.org/about-npr/179878450/privacy-policy)

    Sinaloa CartelJalisco Nueva GeneraciónNarco-Degradation
    What’s supercharging data breaches?

    What’s supercharging data breaches?

    Oct 7, 20259 min

    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? (https://www.npr.org/2024/03/13/1197962967/are-data-breaches-putting-patients-at-risk) So your data was stolen in a data breach (https://www.npr.org/2024/10/30/1211165444/ticketmaster-snowflake-data-breach-hack) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org (http://plus.npr.org/). Fact-checking by Sierra Juarez (https://www.npr.org/people/1268825622/sierra-juarez) and Tyler Jones. Music by Drop Electric (https://dropelectric.bandcamp.com/). Find us: TikTok (https://www.tiktok.com/@planetmoney), Instagram (https://www.instagram.com/planetmoney/), Facebook (https://www.facebook.com/planetmoney), Newsletter (https://www.npr.org/newsletter/money).   To manage podcast ad preferences, review the links below: See pcm.adswizz.com (https://pcm.adswizz.com) for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences. Learn more about sponsor message choices: podcastchoices.com/adchoices (https://podcastchoices.com/adchoices) NPR Privacy Policy (https://www.npr.org/about-npr/179878450/privacy-policy)

    Data BreachesRansomwareDark Web
    Fighting AI with AI

    Fighting AI with AI

    Oct 6, 20259 min

    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? (https://www.npr.org/2025/08/25/nx-s1-5511382/can-you-copyright-artwork-made-using-ai)  AI creates, transforms and destroys... jobs (https://www.npr.org/2023/12/08/1197958787/ai-jobs-friday) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org (http://plus.npr.org/). Fact-checking by Sierra Juarez (https://www.npr.org/people/g-s1-26724/sierra-juarez). Music by Drop Electric (https://dropelectric.bandcamp.com/). Find us: TikTok (https://www.tiktok.com/@planetmoney), Instagram (https://www.instagram.com/planetmoney/), Facebook (https://www.facebook.com/planetmoney), Newsletter (https://www.npr.org/newsletter/money).   To manage podcast ad preferences, review the links below: See pcm.adswizz.com (https://pcm.adswizz.com) for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences. Learn more about sponsor message choices: podcastchoices.com/adchoices (https://podcastchoices.com/adchoices) NPR Privacy Policy (https://www.npr.org/about-npr/179878450/privacy-policy)

    AI Voice CloningDeepfakesVoice Fraud
    Vice Series: The evolving business of crime

    Vice Series: The evolving business of crime

    Oct 5, 20251 min

    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 (http://plus.npr.org/). Music by Drop Electric (https://dropelectric.bandcamp.com/). Find us: TikTok (https://www.tiktok.com/@planetmoney), Instagram (https://www.instagram.com/planetmoney/), Facebook (https://www.facebook.com/planetmoney), Newsletter (https://www.npr.org/newsletter/money).  To manage podcast ad preferences, review the links below: See pcm.adswizz.com (https://pcm.adswizz.com) for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences. Learn more about sponsor message choices: podcastchoices.com/adchoices (https://podcastchoices.com/adchoices) NPR Privacy Policy (https://www.npr.org/about-npr/179878450/privacy-policy)

    DeepfakesAI BotsData Breaches
    Why Americans don't want to move for jobs anymore

    Why Americans don't want to move for jobs anymore

    Oct 3, 20259 min

    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? (https://www.npr.org/2025/03/07/1236538089/doge-gdp-bls-department-of-labor-jobs-report)  Why moms are leaving their paid jobs (https://www.npr.org/2025/09/05/nx-s1-5529259/why-moms-are-leaving-their-paid-jobs) How the end of Roe is reshaping the medical workforce (https://www.npr.org/2024/07/01/1197967379/obgyn-students-leaving-states-strict-abortion-bans) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org (http://plus.npr.org/). Fact-checking by Corey Bridges. Music by Drop Electric (https://dropelectric.bandcamp.com/). Find us: TikTok (https://www.tiktok.com/@planetmoney), Instagram (https://www.instagram.com/planetmoney/), Facebook (https://www.facebook.com/planetmoney), Newsletter (https://www.npr.org/newsletter/money). To manage podcast ad preferences, review the links below: See pcm.adswizz.com (https://pcm.adswizz.com) for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences. Learn more about sponsor message choices: podcastchoices.com/adchoices (https://podcastchoices.com/adchoices) NPR Privacy Policy (https://www.npr.org/about-npr/179878450/privacy-policy)

    Job RelocationHuntsville AlabamaFederal Jobs
    How close is the US to crony capitalism?

    How close is the US to crony capitalism?

    Oct 2, 20259 min

    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 (https://www.npr.org/2025/04/22/1246322286/chinas-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 (http://plus.npr.org/). Fact-checking by Sierra Juarez (https://www.npr.org/people/1268825622/sierra-juarez). Music by Drop Electric (https://dropelectric.bandcamp.com/). Find us: TikTok (https://www.tiktok.com/@planetmoney), Instagram (https://www.instagram.com/planetmoney/), Facebook (https://www.facebook.com/planetmoney), Newsletter (https://www.npr.org/newsletter/money).  To manage podcast ad preferences, review the links below: See pcm.adswizz.com (https://pcm.adswizz.com) for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences. Learn more about sponsor message choices: podcastchoices.com/adchoices (https://podcastchoices.com/adchoices) NPR Privacy Policy (https://www.npr.org/about-npr/179878450/privacy-policy)

    Crony CapitalismDonald TrumpTikTok Deal
    Why is everyone buying gold?

    Why is everyone buying gold?

    Oct 1, 202510 min

    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 (https://papers.ssrn.com/sol3/papers.cfm?abstract_id=5525138) Related episodes:  A new-ish gold rush and other indicators (https://www.npr.org/2025/03/21/1239865425/gold-germany-tariffs-trump-mergers-acquisitions) Gold Rush 2.0 (https://www.npr.org/2019/07/18/743261869/gold-rush-2-0) A secret weapon to fight inflation (https://www.npr.org/2022/05/03/1096314685/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 (http://plus.npr.org/). Fact-checking by Sierra Juarez (https://www.npr.org/people/1268825622/sierra-juarez). Music by Drop Electric (https://dropelectric.bandcamp.com/). Find us: TikTok (https://www.tiktok.com/@planetmoney), Instagram (https://www.instagram.com/planetmoney/), Facebook (https://www.facebook.com/planetmoney), Newsletter (https://www.npr.org/newsletter/money).   To manage podcast ad preferences, review the links below: See pcm.adswizz.com (https://pcm.adswizz.com) for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences. Learn more about sponsor message choices: podcastchoices.com/adchoices (https://podcastchoices.com/adchoices) NPR Privacy Policy (https://www.npr.org/about-npr/179878450/privacy-policy)

    GoldDe-dollarizationRussia-Ukraine War
    We're about to lose a lot of foreign STEM workers

    We're about to lose a lot of foreign STEM workers

    Sep 30, 202510 min

    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 (https://www.npr.org/2025/05/01/1248444373/how-much-international-students-matter-to-the-economy)  The precarity of the H-1B work visa (https://www.npr.org/2023/01/09/1147977339/the-precarity-of-the-h-1b-work-visa)  Could foreign workers unlock America's tight labor market? (https://www.npr.org/2022/11/04/1134417921/could-foreign-workers-unlock-americas-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 (http://plus.npr.org/). Fact-checking by Sierra Juarez (https://www.npr.org/people/1268825622/sierra-juarez). Music by Drop Electric (https://dropelectric.bandcamp.com/). Find us: TikTok (https://www.tiktok.com/@planetmoney), Instagram (https://www.instagram.com/planetmoney/), Facebook (https://www.facebook.com/planetmoney), Newsletter (https://www.npr.org/newsletter/money).   To manage podcast ad preferences, review the links below: See pcm.adswizz.com (https://pcm.adswizz.com) for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences. Learn more about sponsor message choices: podcastchoices.com/adchoices (https://podcastchoices.com/adchoices) NPR Privacy Policy (https://www.npr.org/about-npr/179878450/privacy-policy)

    H-1B VisaTrump AdministrationMichael Clemens
    What media consolidation means for free speech

    What media consolidation means for free speech

    Sep 29, 20258 min

    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 (https://www.npr.org/2023/08/14/1193784258/breaking-up-big-business-is-hard-to-do)  Mergers, acquisitions and Elon’s “rude” proposal (https://www.npr.org/2022/06/13/1104792247/mergers-acquisitions-and-elons-rude-proposal) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org (http://plus.npr.org/). Fact-checking by Sierra Juarez (https://www.npr.org/people/1268825622/sierra-juarez). Music by Drop Electric (https://dropelectric.bandcamp.com/). Find us: TikTok (https://www.tiktok.com/@planetmoney), Instagram (https://www.instagram.com/planetmoney/), Facebook (https://www.facebook.com/planetmoney), Newsletter (https://www.npr.org/newsletter/money). To manage podcast ad preferences, review the links below: See pcm.adswizz.com (https://pcm.adswizz.com) for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences. Learn more about sponsor message choices: podcastchoices.com/adchoices (https://podcastchoices.com/adchoices) NPR Privacy Policy (https://www.npr.org/about-npr/179878450/privacy-policy)

    Jimmy KimmelTelecommunications Act of 1996Free Speech
    Argentina's bailout, a new way to cool data centers, and a cold holiday hiring season

    Argentina's bailout, a new way to cool data centers, and a cold holiday hiring season

    Sep 26, 20258 min

    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 (https://www.npr.org/2023/11/09/1197956768/elections-dollarization-argentina-inflation) What $10 billion in data centers actually gets you (https://www.npr.org/2025/04/02/1242229718/ai-mississippi-jobs-data-centers-virginia) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org (http://plus.npr.org/). Fact-checking by Sierra Juarez (https://www.npr.org/people/1268825622/sierra-juarez). Music by Drop Electric (https://dropelectric.bandcamp.com/). Find us: TikTok (https://www.tiktok.com/@planetmoney), Instagram (https://www.instagram.com/planetmoney/), Facebook (https://www.facebook.com/planetmoney), Newsletter (https://www.npr.org/newsletter/money).   To manage podcast ad preferences, review the links below: See pcm.adswizz.com (https://pcm.adswizz.com) for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences. Learn more about sponsor message choices: podcastchoices.com/adchoices (https://podcastchoices.com/adchoices) NPR Privacy Policy (https://www.npr.org/about-npr/179878450/privacy-policy)

    Argentina BailoutJavier MileiArgentine Peso
    No, your doctor isn't getting rich off of vaccines

    No, your doctor isn't getting rich off of vaccines

    Sep 25, 20259 min

    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 (https://www.npr.org/2025/08/08/1257040927/palantir-alex-karp-mrna-rfk-trump-climate)  What is a 'freedom economy'? (https://www.npr.org/2024/04/16/1197963862/freedom-economy-anti-vaccine-banking) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org (http://plus.npr.org/). Fact-checking by Tyler Jones. Music by Drop Electric (https://dropelectric.bandcamp.com/). Find us: TikTok (https://www.tiktok.com/@planetmoney), Instagram (https://www.instagram.com/planetmoney/), Facebook (https://www.facebook.com/planetmoney), Newsletter (https://www.npr.org/newsletter/money). To manage podcast ad preferences, review the links below: See pcm.adswizz.com (https://pcm.adswizz.com) for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences. Learn more about sponsor message choices: podcastchoices.com/adchoices (https://podcastchoices.com/adchoices) NPR Privacy Policy (https://www.npr.org/about-npr/179878450/privacy-policy)

    Robert F. Kennedy JrVaccinesDoctors
    Why are so many public schools closing?

    Why are so many public schools closing?

    Sep 24, 20259 min

    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 (https://www.npr.org/2025/09/18/nx-s1-5544525/why-free-public-education-doesnt-always-include-school-supplies)  A food fight over free school lunch (https://www.npr.org/2024/08/26/1197972284/a-food-fight-over-free-school-lunch)  The evidence of school vouchers that’ll please nobody (https://www.npr.org/2023/11/15/1197958305/school-vouchers-choice-learning)  For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org (http://plus.npr.org/). Fact-checking by Sierra Juarez (https://www.npr.org/people/1268825622/sierra-juarez). Music by Drop Electric (https://dropelectric.bandcamp.com/). Find us: TikTok (https://www.tiktok.com/@planetmoney), Instagram (https://www.instagram.com/planetmoney/), Facebook (https://www.facebook.com/planetmoney), Newsletter (https://www.npr.org/newsletter/money).   To manage podcast ad preferences, review the links below: See pcm.adswizz.com (https://pcm.adswizz.com) for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences. Learn more about sponsor message choices: podcastchoices.com/adchoices (https://podcastchoices.com/adchoices) NPR Privacy Policy (https://www.npr.org/about-npr/179878450/privacy-policy)

    School ClosuresDeclining EnrollmentBirth Rate Decline
    Should 'surveillance pricing' be banned?

    Should 'surveillance pricing' be banned?

    Sep 23, 20259 min

    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? (https://www.npr.org/2024/03/06/1197958433/dynamic-pricing-grocery-supermarkets) Wendy's pricing mind trick and other indicators of the week (https://www.npr.org/2024/03/01/1197962344/weekly-indicators-wendys-tyler-perry-pce) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org (http://plus.npr.org/). Fact-checking by Sierra Juarez (https://www.npr.org/people/1268825622/sierra-juarez). Music by Drop Electric (https://dropelectric.bandcamp.com/). Find us: TikTok (https://www.tiktok.com/@planetmoney), Instagram (https://www.instagram.com/planetmoney/), Facebook (https://www.facebook.com/planetmoney), Newsletter (https://www.npr.org/newsletter/money).   To manage podcast ad preferences, review the links below: See pcm.adswizz.com (https://pcm.adswizz.com) for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences. Learn more about sponsor message choices: podcastchoices.com/adchoices (https://podcastchoices.com/adchoices) NPR Privacy Policy (https://www.npr.org/about-npr/179878450/privacy-policy)

    Surveillance PricingPersonalized PricingPrice Discrimination
    Can LA host a 'car-free' Olympics?

    Can LA host a 'car-free' Olympics?

    Sep 22, 20259 min

    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 (https://www.npr.org/2024/08/01/1197967951/paris-2024-olympics-hosting-costs)  Why building public transit in the US costs so much (https://www.npr.org/2023/06/26/1184420745/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 (http://plus.npr.org/). Fact-checking by Sierra Juarez (https://www.npr.org/people/g-s1-26724/sierra-juarez). Music by Drop Electric (https://dropelectric.bandcamp.com/). Find us: TikTok (https://www.tiktok.com/@planetmoney), Instagram (https://www.instagram.com/planetmoney/), Facebook (https://www.facebook.com/planetmoney), Newsletter (https://www.npr.org/newsletter/money).   To manage podcast ad preferences, review the links below: See pcm.adswizz.com (https://pcm.adswizz.com) for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences. Learn more about sponsor message choices: podcastchoices.com/adchoices (https://podcastchoices.com/adchoices) NPR Privacy Policy (https://www.npr.org/about-npr/179878450/privacy-policy)

    Los Angeles2028 Olympicspublic transit
    The Fed cuts rates, America's FICO dips, and forever ends for sweepstakes winners

    The Fed cuts rates, America's FICO dips, and forever ends for sweepstakes winners

    Sep 19, 20259 min

    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 (https://www.npr.org/2025/09/16/nx-s1-5542429/why-the-federal-reserve-wants-to-avoid-an-aggressive-rate-cut)  Trump's unprecedented attack on the Fed (https://www.npr.org/2025/08/26/nx-s1-5518335/trumps-unprecedented-attack-on-the-fed)  What goes into a credit score? (https://www.tiktok.com/@planetmoney/video/7260579983930805546) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org (http://plus.npr.org/). Fact-checking by Sierra Juarez (https://www.npr.org/people/1268825622/sierra-juarez). Music by Drop Electric (https://dropelectric.bandcamp.com/). Find us: TikTok (https://www.tiktok.com/@planetmoney), Instagram (https://www.instagram.com/planetmoney/), Facebook (https://www.facebook.com/planetmoney), Newsletter (https://www.npr.org/newsletter/money). To manage podcast ad preferences, review the links below: See pcm.adswizz.com (https://pcm.adswizz.com) for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences. Learn more about sponsor message choices: podcastchoices.com/adchoices (https://podcastchoices.com/adchoices) NPR Privacy Policy (https://www.npr.org/about-npr/179878450/privacy-policy)

    Federal ReserveInterest Rate CutStephen Myron
    Why "free" public education doesn't always include school supplies

    Why "free" public education doesn't always include school supplies

    Sep 18, 20259 min

    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 (https://www.npr.org/2024/08/30/nx-s1-5092432/the-indicator-from-planet-money-a-food-fight-over-free-school-lunch)  Mailbag: Children Edition (https://www.npr.org/2021/07/23/1019903606/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 (http://plus.npr.org/). Fact-checking by Sierra Juarez (https://www.npr.org/people/1268825622/sierra-juarez). Music by Drop Electric (https://dropelectric.bandcamp.com/). Find us: TikTok (https://www.tiktok.com/@planetmoney), Instagram (https://www.instagram.com/planetmoney/), Facebook (https://www.facebook.com/planetmoney), Newsletter (https://www.npr.org/newsletter/money).   To manage podcast ad preferences, review the links below: See pcm.adswizz.com (https://pcm.adswizz.com) for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences. Learn more about sponsor message choices: podcastchoices.com/adchoices (https://podcastchoices.com/adchoices) NPR Privacy Policy (https://www.npr.org/about-npr/179878450/privacy-policy)

    School SuppliesPublic EducationBack-to-School
    The crypto market is hot. But is it an illusion?

    The crypto market is hot. But is it an illusion?

    Sep 17, 20258 min

    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 (https://www.npr.org/2022/09/19/1123944686/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 (http://plus.npr.org/). Fact-checking by Sierra Juarez (https://www.npr.org/people/1268825622/sierra-juarez). Music by Drop Electric (https://dropelectric.bandcamp.com/). Find us: TikTok (https://www.tiktok.com/@planetmoney), Instagram (https://www.instagram.com/planetmoney/), Facebook (https://www.facebook.com/planetmoney), Newsletter (https://www.npr.org/newsletter/money).  To manage podcast ad preferences, review the links below: See pcm.adswizz.com (https://pcm.adswizz.com) for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences. Learn more about sponsor message choices: podcastchoices.com/adchoices (https://podcastchoices.com/adchoices) NPR Privacy Policy (https://www.npr.org/about-npr/179878450/privacy-policy)

    Wash TradingCrypto ExchangesPump and Dump
    Why an aggressive rate cut could backfire on Trump

    Why an aggressive rate cut could backfire on Trump

    Sep 16, 20259 min

    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 (https://www.npr.org/2025/05/08/1249919772/jerome-powell-fed-reserve-job-security)  Should presidents have more of a say in interest rates? (https://www.npr.org/2024/08/14/1197968126/should-presidents-have-more-of-a-say-in-interest-rates)  Can the Federal Reserve stay independent? (https://www.npr.org/2025/03/04/1235758702/executive-orders-federal-reserve-doge)  For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org (http://plus.npr.org/). Fact-checking by Sierra Juarez (https://www.npr.org/people/1268825622/sierra-juarez). Music by Drop Electric (https://dropelectric.bandcamp.com/). Find us: TikTok (https://www.tiktok.com/@planetmoney), Instagram (https://www.instagram.com/planetmoney/), Facebook (https://www.facebook.com/planetmoney), Newsletter (https://www.npr.org/newsletter/money).   To manage podcast ad preferences, review the links below: See pcm.adswizz.com (https://pcm.adswizz.com) for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences. Learn more about sponsor message choices: podcastchoices.com/adchoices (https://podcastchoices.com/adchoices) NPR Privacy Policy (https://www.npr.org/about-npr/179878450/privacy-policy)

    Federal ReserveInterest RatesDonald Trump
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