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

December 19, 2025 9 mins
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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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 ...

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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...
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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 ar...
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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 sh...
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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 T...
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December 11, 2025 10 mins
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 b...
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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 t...

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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 s...
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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, su...
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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 ep...

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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 Plan...

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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 v...
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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 compa...

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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 ...

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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 epi...

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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 de...

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November 24, 2025 9 mins

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 que...

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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...
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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 epi...

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