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

February 4, 2026 8 mins

People wanting to purchase heat pumps might soon face sticker shock. Many consumers have sought out energy credits to find a greener and more affordable alternative to heating oil, but the tax credit to help make them cheaper has expired. Today on the show: how homeowners, the renewables industry, and its critics all feel about it.

Related episodes:
Metals, government debt, and a climate lawsuit
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Data centers are getting a lot of heat right now. There’s neighborhood pushback against them for water usage and environmental concerns, and some politicians on both sides of the aisle aren’t fans for the same reasons. There’s also fear that they could drive up the cost of electricity bills. 

But that last bit isn’t set in stone. 

Data center electric bill upcharge is not a guarantee. In fact, i...

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February 2, 2026 9 mins
Kevin Warsh has been tapped as the next chair of the Federal Reserve. We’re sure that he’ll have a lot of questions about how to run the Fed if confirmed. So we put together this briefing.

On today’s show, three Fed watchers give their advice for the next chair. On politics, interest rate cuts and dealing with the Fed’s repeated trading scandals. Oh, and can someone please forward this episode to Kevin Warsh?

Rela...
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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 HUGE trade deal between India and the European Union, all the hot hockey romance New Yorkers could ever want, and a heavy earnings purse for Olympic competitors, win or lose.  

Related episodes: 

Why the Olympics cost so much

The surprising economics of digital len...
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January 29, 2026 8 mins

Macadamia nuts. Labor shortages. Volcanoes. All that might sound like econ Mad Libs, but they’re all connected to the Federal Reserve Bank of San Francisco’s entry into the Beige Book this month: labor shortages are hurting macadamia nut harvests in Hawaii. 

On today’s show, we take a vacation and talk to someone on the Big Island who runs a macadamia nut farm. He calls them “mac nuts.” 

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President Trump has been storming through corporate America — taking a stake in Intel, demanding a cut of Nvidia’s sales, restricting skilled workers, among other big footed policies.

Meanwhile, corporate leaders have mostly just … rolled over.

Today on the show: As Trump rewrites the rules of doing business, why aren’t business leaders doing more to speak up?

Related episodes: 

How close is the ...
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January 27, 2026 9 mins
“Sell America.” There’s new talk of how Europe could turn the economic screws on the U.S. after President Trump’s play for Greenland. Selling U.S. Treasury bonds is one way. Another is a legal tool. It’s been called the EU’s bazooka.

On today’s show, taking stock of Europe’s financial arsenal. How could America’s largest foreign lender lighten Americans’ wallets?

Planet Money wrote a book and is going on tour, com...
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Pakistan has had some major economic bumps as of late, including a near default in 2023. At the root: seriously low tax collection. Millions of Pakistan residents opt out of paying income taxes entirely. This is a problem a lot of lower- and middle-income countries face. On today's show, we talk about why there are so many tax dodgers in Pakistan and what the government is trying to do about it. 

Related episodes: 
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It’s time for … Indicators of the Week! Our weekly look at some of the most fascinating economic numbers from the news. 

On today’s episode: Why does Davos feel interesting this year? What if we did cap credit card interest rates? And we’re paying most of those tariffs, aren’t we?  

Also, big news! Planet Money wrote a book and we’re going on tour this spring. Find tickets and info at planetmoneybook.com
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Beef is back on top. Well, at least on top of Health Secretary Robert F. Kennedy Jr.’s new food pyramid, unveiled alongside updated national dietary guidelines. Red meat really never left the great American menu. But how’d it climb all the way up there?

On today’s show, America’s storied love affair with beef. And how big business and government have long influenced what winds up on our plates.

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President Donald Trump is dead set on acquiring Greenland, and while national security is the stated reason, the country’s untapped mineral wealth could offer another explanation. 

Today on the show: is Greenland really an untapped land of riches? We talk to one Australian geologist who discovered the great costs and potential rewards of extracting these minerals himself. 

Related episodes: 
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In early January, President Donald Trump signed an executive order threatening bans on defense contractors paying dividends or buying their stock back.

Today on the show, we learn about the Trump Administration’s frustrations with the weapons supply chain, find out what a defense industry investor makes of the move, and ask whether this reflects the state tightening its grip on the industry that arms the U.S. military.
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Welcome back to Indicators of the Week! Our weekly look at some of the most fascinating economic numbers from the news. 

On today’s episode: Influencers for ICE, China’s tremendous trade surplus, and America heads back to the moon. 

Related episodes: 

We resolve to watch these 2026 indicators 

China's trade war perspective 

Who owns the moon?


For sponsor-free episodes of The...
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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?


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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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