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    Business

    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:
    One Fed battle after another Jan 13, 2026
    Show notes

    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 unprecedented attack on the Fed
    A primer on the Federal Reserve's independence
    Why Is The Fed So Boring?
    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 far can philanthropy go to fill government gaps? Jan 12, 2026
    Show notes

    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)
    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 AI is shrinking the job market for teens Jan 09, 2026
    Show notes

    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?
    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


    Venezuela didn't steal U.S. oil. Here's what happened Jan 08, 2026
    Show notes

    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)
    Why oil in Guyana could be a curse
    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. 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 you trust you're getting the same grocery prices as someone else? Jan 07, 2026
    Show notes

    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 'surveillance pricing' be banned?
    How Grocery Shelves Get Stacked
    How niche brands got into your local supermarket
    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 cocaine smuggling through Latin America really works Jan 06, 2026
    Show notes

    Former Venezuelan leader, Nicolás Maduro, appeared in a New York court yesterday. He’s facing drug-trafficking and weapons charges after the U.S. abducted him and his wife in an explosive operation over the weekend. But is there any credibility to the drug-trafficking accusations? And what does the cocaine supply chain look like in 2026?
    Today on the show, tracing cocaine’s journey from the Andes to the streets of U.S. cities.
    Further reading:
    Ioan Grillo – El Narco
    Related episodes:
    Venezuela’s economic descent (Updated)
    Why Are Venezuelans Starving?
    Lessons from a former drug dealer
    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 Cooper Katz McKim and 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 China pulled the plug on Japan Jan 05, 2026
    Show notes

    Japan’s new prime minister Sanae Takaichi made waves last fall after saying her country might intervene if China invaded Taiwan. In response, China launched state-organized boycotts against Japan — canceling concerts, restricting seafood imports, and even recalling pandas. Today on the show, what does it look like for a state to organize a boycott, and does it work?

    Related episodes:
    How Japan’s new prime minister is jolting markets
    When do boycotts work?
    Forging Taiwan's Silicon Shield

    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


    Venezuela’s economic descent (Updated) Jan 03, 2026
    Show notes

    At The Indicator, we’ve been following the conditions in Venezuela over the years. In 2024 we covered how Venezuela’s economy went into freefall, and have been checking in with an economist there frequently — including after the U.S. attacked over the weekend, deposing its leader Nicolás Maduro.
    On today’s show, we’re revisiting our episode about Venezuela’s economy, and hear from our contact in Caracas.
    Send us questions you’d like The Indicator to answer on future episodes about Venezuela: indicator@npr.org.
    Related episodes: The Measure of a Tragedy Why are Venezuelans starving? An Economist in Caracas: Day In The Life
    For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org. 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


    We resolve to watch these 2026 indicators Jan 02, 2026
    Show notes

    2025 is finally over.
    We had bad consumer sentiment vibes, tariffs, and a seemingly ascendant stock market. And those are just a few indicators from last year!
    As we enter 2026, what indicators should we keep an eye on … in the future? On today’s episode, our top indicator predictions for the new year.
    Related:
    What AI data centers are doing to your electric bill
    Tariffs. Consumer sentiment. Cape ratio. Pick the Indicator of the Year!
    What indicators will 2025 bring?
    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 Americans don't want to move for jobs anymore (Encore) Dec 31, 2025
    Show notes

    Americans are moving at record lows for work. What’s driving people to, well, not drive cross-country for jobs? On today’s episode, we explore the rising homebody economy.
    This episode originally aired Oct. 3, 2025.
    Related episodes:
    Why moms are leaving their paid jobs
    How the end of Roe is reshaping the medical workforce
    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 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


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