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 26, 2026 8 mins

Russia exports billions of dollars worth of fish a year across the world. But after the invasion of Ukraine, the U.S. banned imports of Russian fish. It turns out those bans are only so effective. Today on the show, how Russia has dodged import bans to keep selling billions of dollars worth of seafood every year, and how the U.S. has struggled to stop it.  

FYI, we are going on a book tour! Planet Money’s f...

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What do the latest batch of documents tell us about convicted sex offender Jeffrey Epstein and elite networking? Quite a bit. Today on the show, we analyze one exchange between Epstein and a former world leader to find out how the revolving door works for the rich and powerful.

FYI, we are going on a book tour! Planet Money’s first ever book comes out in April. We’ll be celebrating in about a dozen cities. Th...

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We’re going whale watching today. No, not orcas or great blues, but financial traders that place big bets on something called options. On today’s show, who are these option whales and do their bets always pay off? 

FYI, we are going on a book tour! Planet Money’s first ever book comes out in April. We’ll be celebrating in about a dozen cities. There’s a limited edition tote bag included with your ticket, while supplies las...
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You asked, we answered. 

On today’s show, we tackle questions from our dear listeners on whether AI interviewers are biased, what the heck M2 money supply is, and what’s up with the frenzied mobs fighting for rotisserie chickens at the grocery store. 

Related episodes:
When AI is your job interviewer
How beef climbed to the top of the food pyramid
Retirement luck, Hassett hassles the Fed, and boneless ch...
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February 21, 2026 8 mins
The Supreme Court struck down a bunch of President Trump’s tariffs yesterday. The Trump administration originally used an emergency economic powers law to justify the tariffs. And the court said: No! You can’t do that! Bad Trump, bad! This is despite the U.S. having raked in over a hundred billion dollars in import taxes already.

On today’s show, unpacking the Supreme Court’s blockbuster tariffs decision. What’s next for t...
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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: Why you better hope you retire at juuuust the right time, why the researchers at the Federal Reserve are being scolded by a White House economic advisor, and taking boneless chicken to court. 

Related episodes: 


Chicken meat, Gulf of Mexico lawsuit and Social Security bey...
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February 19, 2026 9 mins
The Trump administration is planning to pour more than $38 billion into warehouses for mass immigrant detention. While some communities are starting to push back, one rural town has agreed to expand its detention facility. On today’s show, we visit a small town in Georgia to learn about the trade-offs of becoming a detention town. 

Related episodes: 
How well are ICE’s 12,000 new officers being trained?
How ICE crac...
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The Department of Homeland Security says it has more than doubled the workforce of Immigration and Customs Enforcement under President Trump. Yet videos of immigration officers killing two U.S. citizens and using aggressive arrest tactics have left some politicians and community leaders rethinking the agency’s approach. On today’s show, law enforcement experts assess the training and culture at DHS.  

Related episodes:
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According to activists, Iran has killed over 7,000 people as part of a crackdown on protesters. Why did protests engulf Iran in the first place? A big contributor: Its flagging economy, which has been in a tailspin for years. It’s a tinderbox.

Related episodes: 
Iran, protests, and sanctions
The Lost Plane

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podc...
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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: Analyzing the new jobs numbers, how letting in more immigrants could reduce elder mortality, and betting on the return of … Jesus Christ. 

Related episodes: 

Just how bad are these job numbers? 

A market to bet on the future 

Who's gonna take care o...
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Behind every Ilia Malinin or Alysa Liu, there is an army of elite figure skating coaches and choreographers who have been with them from the beginning. On today’s show, how much does it cost to achieve Olympic glory and why is it so expensive? 

Related episodes: 
How college sports juiced Olympic development 
Why the Olympics cost so much 

For sponsor-free episodes of The Indicator from Pl...

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February 11, 2026 8 mins
The prices of gold and silver are on rollercoaster rides; Gold has been rising over the last few years, silver shot up like a skyrocket in January … but then both plunged in price and sputtered around the end of the month. 

It raises the question: What is going on? 

Today on the show, we talk with some traders about what this volatility of gold and silver is saying about the state of the world. 

Related e...
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Food keeps getting more expensive, so how do shoppers respond? They change what they buy, right? It’s not just that cheaper foods get more popular. Shoppers are more nuanced than that. So, today on the show, we choose one classic meal that is tailor-made for this anxious economic moment. Why Hamburger Helper is poised to win 2026.

Related episodes: 
How niche brands got into your local supermarket
Can you trust you'r...
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February 9, 2026 9 mins
Trade wars. Financial panics. Inflation. How come it feels like it’s all bad news in the global economy these days? Economist Eswar Prasad’s answer: something he calls the ‘doom loop.’ That’s where massive geopolitical and economic forces feed off each other and send us careening into disorder. Sounds dire. But it’s not hopeless.

On today’s show, are we in a doom loop? And if we are … how do we get out of one?

Esw...
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February 6, 2026 9 mins
It’s a weird time for jobs numbers. Another month, another jobs report pushed back by the Bureau of Labor Statistics. Averaging two private sources, ADP and Revelio Labs: an estimated 4,500 jobs were added in January. Sounds like … not many. 

And, yet, the unemployment rate hasn’t seemed to have risen. This might be, in part, due to the Trump administration’s immigration crackdown. We’ll explain through the story of one An...
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How did the U.S. become the Olympic powerhouse it is today? Cold War competition. The Soviet Union sponsored their athletes. But America wanted its athletes to pull themselves up by their bootstraps. It birthed an unexpected accelerator of Olympic development: College football. Stay with us now.

On today’s show, how college football became an Olympic development engine. And how that engine might not be running as smoothly ...
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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
All ...

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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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