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 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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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.” 

Related...

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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.

Related episodes: <...
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