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    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.
    Sign up for our newsletter.

    Support public media by joining NPR+ at plus.npr.org. You’ll get perks for over 25 NPR podcasts, including bonus episodes for Planet Money and sponsor-free listening for The Indicator.

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    Copyright: © Copyright 2015-2021 NPR - For Personal Use Only

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    Latest Episodes:
    Your next flight doesn't have to be so expensive. Here's why Mar 25, 2026
    Show notes

    Why are flight tickets so expensive right now? Increased oil prices seems like it’d be the obvious answer. That’s mostly right. Airlines used to do some financial magic to help keep airfare down as oil prices increased, a strategy called “fuel hedging.” But they stopped. And now fliers are on the hook for a lot of the difference.
    On today’s show, the lost art of fuel hedging. How it worked, plus why airlines stopped doing it.
    Come see Planet Money live on stage in April! 12 cities. Details and tix here: https://tix.to/pm-book-tour.
    Related episodes:
    A lot of gas trapped, oil reserves tapped, and Live Nation gets a (tiny) cap
    Will Trump’s shipping insurance plan work?
    Listener Questions: Airline tickets, grocery pricing and the Fed
    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 Sierra Juarez. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.
    See pcm.adswizz.com for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences.
    NPR Privacy Policy


    Why hasn't the Russian economy collapsed? Mar 24, 2026
    Show notes

    How has Russia’s economy not completely collapsed after four years of war, sanctions and billions in debt? One economist says it is the war that has been propping up Russia's economy, not the other way around. He calls it smertonomika or death economics.
    On today’s show, six reasons why Russia’s economy is still chugging along despite burning money by the billions waging war on Ukraine.
    Come see Planet Money live on stage in April! 12 cities. Details and tix here: https://tix.to/pm-book-tour.
    Related episodes:
    How your favorite fish sticks might be funding Russia's war
    Who’s propping up Russian oil?
    The economic war against Russia, a year later
    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 Sierra Juarez. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.
    See pcm.adswizz.com for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences.
    NPR Privacy Policy


    The multimillion dollar Saturday Night Live UK gamble Mar 23, 2026
    Show notes

    Live from London, it’s Saturday Night? Saturday Night Live made its UK debut over the weekend after a well-hyped promotional campaign. Will this all-American sketch show translate to British audiences? We examine SNL’s multi-million dollar gamble.
    Come see Planet Money live on stage in April! 12 cities. Details and tix here: https://tix.to/pm-book-tour.
    Related episodes:
    Why Paramount went looney tunes for Warner Bros.

    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 Sierra Juarez. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.
    See pcm.adswizz.com for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences.
    NPR Privacy Policy


    Trump and truckers, Poland prospers, and a booming ant biz Mar 20, 2026
    Show notes

    It’s Indicators of the Week (now on YouTube!). It’s our weekly look at some of the most fascinating economic numbers from the news.
    On today’s episode: The Trump administration cracks down on immigrant truck drivers, Poland becomes a top-twenty economy, and the booming business of … ant smuggling?
    Related episodes:
    A trucker, a farmer, and an entrepreneur walk into a global supply shock
    You Could Always Go To Poland
    The little pet fish that saved a town in the Amazon
    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 Julia Ritchey and Vito Emanuel. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.
    See pcm.adswizz.com for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences.
    NPR Privacy Policy


    How Iran is wasting American resources Mar 19, 2026
    Show notes

    Iran is using an affordable strategy to even the playing field in the war with the U.S. It’s using drones that cost in the thousands of dollars to combat American missiles that cost several million. Military analysts have already signaled concern about the U.S. producing enough munitions, and this isn’t helping. Today on the show, why the U.S. spends so much on munitions and what it’s learning from Iran.
    Come see Planet Money live on stage in April! 12 cities. Details and tix here: https://tix.to/pm-book-tour.
    Related episodes:
    Are we overpaying for military equipment?
    Can Just-In-Time handle a new era of war?
    A trucker, a farmer, and an entrepreneur walk into a global supply shock
    Are we overpaying for military equipment?
    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 Sierra Juarez. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.
    See pcm.adswizz.com for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences.
    NPR Privacy Policy


    How much is the Iran war costing us? Mar 18, 2026
    Show notes

    It’s really hard to estimate the total cost of war in the middle of one. Over the first six days of the Iran war, an estimated $11.3 billion was charged to the public purse. But long-term costs take years to manifest. Even daily costs are fuzzy. Take munitions: the Department of Defense hasn’t budgeted for many of the bombs it's dropping. One more time. The bombs – the bombs! – are not totally priced in.
    On today’s show, estimating the cost of the Iran war right now. And how healthcare, disability benefits, environmental costs and interest payments could add to its future price tag.
    Come see Planet Money live on stage in April! Twelve cities. Details and tix here: https://tix.to/pm-book-tour.
    Related episodes:
    A trucker, a farmer, and an entrepreneur walk into a global supply shock
    A lot of gas trapped, oil reserves tapped, and Live Nation gets a (tiny) cap
    Will Trump’s shipping insurance plan work?
    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 Sierra Juarez. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.
    See pcm.adswizz.com for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences.
    NPR Privacy Policy


    A trucker, a farmer, and an entrepreneur walk into a global supply shock Mar 17, 2026
    Show notes

    The U.S. and Israel war with Iran is causing a shock to the economic system. Gas prices are higher, diesel too, and even fertilizer is being affected. Today on the show, we speak to three people about the economic ripple effects of the conflict: a truck driver, an Iowa corn farmer, and a manufacturer of an alternative to plastics.
    Come see Planet Money live on stage in April! 12 cities. Details and tix here: https://tix.to/pm-book-tour.
    Related episodes:
    A lot of gas trapped, oil reserves tapped, and Live Nation gets a (tiny) cap
    Will Trump’s shipping insurance plan work?
    How Iran’s flagging economy inflamed its protests
    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 Sierra Juarez. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.
    See pcm.adswizz.com for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences.
    NPR Privacy Policy


    Can anything save the news biz? Mar 16, 2026
    Show notes

    If you were in the business of making a bunch of money in 2026, you probably wouldn’t pick journalism. From social media to AI, the attention economy has upended the economic calculus for delivering news. But some entrepreneurs are looking to buck the trend.
    Today on the show, we examine what the success of two startups could mean for the future of journalism.
    Come see Planet Money live on stage in April! 12 cities. Details and tix here: https://tix.to/pm-book-tour.
    Related episodes:
    A brief history of NPR funding
    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 Sierra Juarez. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.
    See pcm.adswizz.com for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences.
    NPR Privacy Policy


    A lot of gas trapped, oil reserves tapped, and Live Nation gets a (tiny) cap Mar 13, 2026
    Show notes

    It’s Indicators of the Week (now on YouTube!), our weekly look at some of the most fascinating economic numbers from the news.
    On today’s episode: How big is this gas crisis and could releasing oil reserves help? Also, Live Nation gets a deal from the government.
    Related episodes:
    Are concert tickets UNDER priced?
    Will Trump’s shipping insurance plan work?
    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 Julia Ritchey and Corey Bridges. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.
    See pcm.adswizz.com for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences.
    NPR Privacy Policy


    Should colleges accept money from bad people? Mar 12, 2026
    Show notes

    At a dinner in 2010, physicist Sean Carroll is handed a phone. On the other end: A wealthy patron looking to potentially fund his research. Months later came an invite to a conference. It would take place on an island. The caller was Jeffrey Epstein. Sean declined. Many others didn’t.
    On today’s show, why did so many academics say yes to Epstein’s invites and money? And what Epstein’s ability to ingratiate himself with them reveals about how science research is funded.
    Come see Planet Money live on stage in April! Twelve cities. Details and tix here: https://tix.to/pm-book-tour.
    Related episodes:
    What an Epstein recording reveals about how elites get jobs
    American science brain drain
    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 Sierra Juarez. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.
    See pcm.adswizz.com for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences.
    NPR Privacy Policy


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