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

November 7, 2025 9 mins

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 controller’s experience during the longest shutdown on record. 

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org. Fact-checking by Tyler Jo...

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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 Shiller PE Ratio is, how it works and whether we should be worried that it’s relatively high right now.


You can find John Campbell's book here: Fixed: Why Personal Finance is Broken and How to Make It Work for Everyone
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November 5, 2025 8 mins
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 governments are straddling the fence and skirting their own sanctions. 

Related episodes:  
How the ‘shadow fleet’ helps Russia skirt sanctions 

For sponsor-free episodes of The Indicator from Planet Money, subscribe t...
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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 ongoing legal battle involving the developer of the video game Fortnite has to do with Apple’s latest move to comply with the Trump administration.

Related episodes: 
How Fortnite brought Google to its knees
The DOJ's case...
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November 3, 2025 9 mins

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 preferable to one with a human. ? And Adrian gets grilled by an AI job recruiter named “Anna.” 

Related episodes: 
AI creates, transforms and destroys … jobs 
Fighting AI with AI 

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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 grades, white collar workers get the axe, and AHHH! Halloween candy inflation

Related episodes: 

Are you afraid of inflation? 

A finance fright fest 

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October 30, 2025 8 mins
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 Trump’s ongoing trade war. Today on the show, is that trade war pushing India toward China? And what could happen if two of the world’s largest economies come together? 

Related episodes: 
China’s trade war perspective 
Wh...
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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 political storms since its inception, but how will it fare without those subsidies?

Today on the show, death spirals and the future of Obamacare.

Related episodes: 
The hidden costs of healthcare churn 
How doctors he...
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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 socialist. Today on the show, we dig into what ‘Marxism, as an economic term,’ actually means.

Related episodes: 
Socialism 101
Even the facts are polarized

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October 27, 2025 9 mins
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 chain. This, tech writer Jasmine Sun believes, is revealed in the emerging dialect of Silicon Valley tech workers.   

Today on the show, San Francisco slang. Jasmine Sun takes us on a tour of high-agency 996ers and NPCs to se...
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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 Amazon global internet outage, Americans plan to siphon their Social Security checks early, and Mann, we love some Heat 2. 

Related episodes:


 What does the next era of Social Security look like?

 Why aren't filmmakers shooting in LA? 

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October 23, 2025 9 mins
Ticketmaster's CEO says that concert tickets are underpriced. But from inflation to bots to unscrupulous resellers, the market for tickets feels out of control to many fans. Can anything be done?

Today on the show: Ticket resellers, a new law in Maine, and a T-shirt cannon. 

Related episodes:
Ticket scalpers: The real ticket masters 
Ticketmaster's dominance, Caitlin Clark's paycheck, and other indicators
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October 22, 2025 9 mins

In the rush to power AI, data centers are popping up in small communities across the U.S. But a growing backlash against this build-out is pitting communities against developers over energy prices and water use. Today on the show, one Michigan community’s fight to stop a data center and what it means for Big Tech. 

Related episodes: 
What $10B in data centers actually gets you 
Is AI overrated or unde...

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Quarterly earnings reports are a long-standing requirement for public companies in the U.S. But the Trump administration wants to axe quarterly releases and just release them twice a year. And there is evidence to suggest this could be better in the long run for companies and investors. On today’s show, we look at the potential benefits and trade-offs of changing how often companies report their financial results. 

Related...
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Since 2020, the cost of veterinary care has increased about 40%—almost twice the rate of inflation. As a result, many pet owners say they've skipped necessary vet care. So, what's going on here? A veterinarian, and a lesser-known economic theory, have some answers. 

Related episodes: 
The Vet Clinic Chow Down 
What Do Private Equity Firms Actually Do?

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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: Frozen and canceled federal dollars, America’s intensifying tit-for-tat with China, and a sloppy trend infiltrating the music business. (With a pocket full of shells.)

Related episodes: 
China's trade war perspective 
Fighting AI with AI 

For sponsor-...

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There have been many headline-grabbing AI deals recently: Nvidia investing up to $100 billion in OpenAI. OpenAI promising to buy $300 billion worth of computing power from Oracle. Oracle buying tons of chips from Nvidia. 

But … where’s the money coming from? Is all this AI overhype … a bubble? 

On today's show, how money flows in the AI hyperscaling flood. 

Related episodes: 

Is AI overrated? 
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From drones to body armor to bulletproof whiteboards, companies are offering schools a multitude of products to try to deter or protect against the next school shooting. But does any of this stuff work? On today’s show, a look inside the school shooting industry. What's for sale and the psychology behind the growing industry.

Related episodes:  
Why are so many public schools closing?  

For s...

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For most of human history, economic growth was, well, pretty bleak. But around the Enlightenment, things started clicking. This year's Nobel Memorial Prize in Economic Sciences went to a trio of researchers whose work focuses on how technological progress led to this sustained economic growth. Today we hear from one of them, Joel Mokyr, about his work on European economic history. 

Related episodes: 
Why...

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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.
Wailin Wong: Wednesday Journal’s A tangled mess 
Adrian Ma: Philadelphia Inquirer’s Dime ...
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