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.

Episodes

January 15, 2026 9 mins
203 years ago, President James Monroe declared the Western Hemisphere off limits to powerful countries in Europe. Fast forward, and President Trump is reviving the Monroe Doctrine to justify intervening in places like Venezuela, and threatening further action in other parts of Latin America and Greenland. On today’s show, how is Trump redefining the Monroe Doctrine and what does it mean for the world?


Related episodes:...
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Economic decisions aren’t only driven by hard data. A compelling story can change economic behavior and outcomes. In today’s episode, we explore real-world examples of “narrative economics” like how the Suez Canal ended up getting built. And we ask: why do narratives sometimes matter more than truth or data? 

Related episodes: 
This indicator hasn’t flashed this red since the dot-com bubble 
Tariffs. ...

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January 13, 2026 8 mins
Over the weekend, Federal Reserve Chair Jerome Powell said the Department of Justice served the Fed with grand jury subpoenas. Powell says it’s all a sham. But the stakes are unprecedented: A potential criminal indictment. Central bank independence. Today on the show, the administration’s case against the Fed. How did we get here? And what comes next?

Related episodes: 
Lisa Cook and the fight for the Fed
Trump's unp...
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While Americans are known for their generosity, the U.S. government, increasingly, is not. The Trump administration’s cuts to SNAP benefits among other aid programs have forced states, foundations and donors to fill the gaps. But can they? On today’s show, the limits of philanthropic efforts to supplant federal aid. 

Related episodes: 
Why tech bros are trying to give away all their money (kind of) 

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Karissa Tang is a 17-year-old in California who got curious about the impact of AI on typical teen jobs like cashiers and fast food counter workers. She embarked on an ambitious economic research project and shares her findings with us.

Related episodes: 
How much is AI actually affecting the workforce?
AI creates, transforms and destroys... jobs
When does youth employment become child labor?

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President Trump claims Venezuela stole American oil. Is that true? We trace Venezuela's oil industry from its 1920s birth through nationalization and then collapse. Today on the show, how did the Venezuelan oil industry get to a point where it’s barely pulling from its reserves? And will anything change now? 

Related episodes: 
Venezuela’s economic descent (Update) 
Venezuela’s recent economic history (Update) 
Wh...
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When you're in a grocery store nowadays, chances are your data is being collected. From a swipe of the loyalty card to the purchase of an ice cream pint, your data tells stores what you like, how much they should stock, and more. 

But what if that data meant a grocer could charge you a different price than another shopper?

On today's show, the evolving price tag.  

Related episodes:


Should 's...
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Former Venezuelan leader, Nicolás Maduro, appeared in a New York court yesterday. He’s facing drug-trafficking and weapons charges after the U.S. abducted him and his wife in an explosive operation over the weekend. But is there any credibility to the drug-trafficking accusations? And what does the cocaine supply chain look like in 2026?

Today on the show, tracing cocaine’s journey from the Andes to the streets of U.S. cit...
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January 5, 2026 9 mins

Japan’s new prime minister Sanae Takaichi made waves last fall after saying her country might intervene if China invaded Taiwan. In response, China launched state-organized boycotts against Japan — canceling concerts, restricting seafood imports, and even recalling pandas. Today on the show, what does it look like for a state to organize a boycott, and does it work? 

Related episodes:
How Japan’s new pr...

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January 3, 2026 10 mins
At The Indicator, we’ve been following the conditions in Venezuela over the years. In 2024 we covered how Venezuela’s economy went into freefall, and have been checking in with an economist there frequently — including after the U.S. attacked over the weekend, deposing its leader Nicolás Maduro.

On today’s show, we’re revisiting our episode about Venezuela’s economy, and hear from our contact in Caracas. 

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2025 is finally over. 

We had bad consumer sentiment vibes, tariffs, and a seemingly ascendant stock market. And those are just a few indicators from last year!  

As we enter 2026, what indicators should we keep an eye on … in the future? On today’s episode, our top indicator predictions for the new year.

Related:

What AI data centers are doing to your electric bill

Tariffs. Consumer s...
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Americans are moving at record lows for work. What’s driving people to, well, not drive cross-country for jobs? On today’s episode, we explore the rising homebody economy. 

This episode originally aired Oct. 3, 2025. 

Related episodes: 
Why moms are leaving their paid jobs 
How the end of Roe is reshaping the medical workforce 

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December 30, 2025 9 mins
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?

This episode originally aired June 5, 2025. 

Related: Trump's tariff role model 

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Seasons greetings from the The Indicator! On today's show, 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. 

This piece originally aired Jan. 25, 2025. 

Related episodes: 
The young trolls of Wall Street are growing up 
Invest like a Congress member 

For sponsor-free episodes o...

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Many men in the U.S. feel like they're not doing as well as their fathers. But what does the data say? This episode, we're sharing an extended conversation between Darian Woods and Richard Reeves, the president of the American Institute for Boys and Men. They discuss what's really going on with men's wages. Richard also argues economic and cultural changes are needed to address the struggles unique to working-cl...

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December 26, 2025 10 mins

For the next week, we're running some of our favorite shows from this year. On today's show, a brief history of Nintendo and how a small playing card company in Japan became a gaming juggernaut. 

This piece originally aired June 16, 2025.

Related episodes:  
Inside video game economics  
Forever games: the economics of the live service model 
The boom and bust of esports 

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Happy Holidays from The Indicator! For the next week, we're running some of our favorite shows from this year. On today's show, why celebrities are increasingly investing in their own brands.

This piece originally aired August 14, 2025.Related episodes:
The celebrity crypto nexus
The Olympian to influencer pipeline (Apple / Spotify)

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December 23, 2025 10 mins
As Warren Buffett aged, he became a different sort of figure. He transformed from short-term investor into long-term builder. He used Berkshire Hathaway to start buying companies and build an empire. Today on the show, how did Buffett’s fame become an investment tool and how did he handle the biggest crisis of his career? 

Related episodes: 
Planet Money Summer School 2: Index Funds & The Bet
Brilliant vs. Boring 
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With an unprecedented decades-long run of success, Warren Buffett is retiring on December 31, 2025. Buffett’s turning point began with the acquisition of a failing textile mill called Berkshire Hathaway. What began as a “terrible mistake” became the foundation for his empire. Today on the show, how did Buffett become this legendary figure? 

Related episodes: 
Planet Money Summer School 2: Index Funds & T...

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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 indica...
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