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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:
    What would it mean to actually refund the tariffs? Dec 02, 2025
    Show notes

    Tariffs are bringing in some serious cash into the US Treasury’s pocket. The problem with that money is that it may need to be refunded. A case in front of the Supreme Court could declare several of Trump’s tariffs illegal, which would prompt a return of billions of dollars. Today on the show, we look at how that would work and why the process will likely not be easy.

    Related episodes:
    Three ways companies are getting around tariffs
    Days of our tariffs

    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 the US chose not to have a passenger train system like Europe Dec 01, 2025
    Show notes

    Why can't the US be like Europe, Japan or India—countries that all have extensive passenger train systems? On today's show, why the US chose not to. We learn why, despite this, US railroads could still be worth bragging about.

    Related episodes:
    What happens when railroads get hitched
    How three letters reinvented the railroad business

    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


    Moochers, monopolists and market-based poverty help Nov 26, 2025
    Show notes

    Public sector economics is a fundamental piece of the discipline. So we wanted to give our hosts an opportunity to put their knowledge to the test in a game we’re calling Indicator Quizbowl. Today on the show, Wailin and Darian go head to head to see who the bigger public policy nerd is.

    Related episodes:
    Could cash payments ease recessions?
    A trap-loving DJ takes on economics
    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


    Who's financing Meta's massive AI data center? Nov 25, 2025
    Show notes

    In a rural pocket of northeastern Louisiana, Meta is building a $30 billion data center called Hyperion. But it’s not being completely financed with Meta’s own money. Today on the show, the opaque system of AI data center financing and why it’s fueling fears of a bubble.

    Related episodes:
    OpenAI’s deals are looking a little frothy
    No AI data centers in my backyard!
    What $10B in data centers actually gets you

    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


    Who’s buying all the beef? Nov 24, 2025
    Show notes

    President Trump has said he’d try to get more Argentine beef into the U.S. So who would actually do the buying? That’s a general theme with a lot of these trade deals — big numbers but vague details. When China says it’ll buy more soybeans, is it the government or companies that does the buying? When South Korea promises to invest in American shipyards, who’s actually doing that? Today on the show, we dig into two questions from listeners and hear directly from an Argentine butcher.

    Related episodes:
    Why beef prices are so high
    How the South is trying to win the EV race

    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


    Pay transparency. The WhatsApp and Instagram decision. Our beef with screwworms. Nov 21, 2025
    Show notes

    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 effects of pay transparency, Meta’s big win, and freaky flies and beef.
    Related episodes:
    Are we entering a new dawn for antitrust enforcement?
    Why beef prices are so high
    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 to avoid scammers after a natural disaster Nov 19, 2025
    Show notes

    When people lose their homes to wildfire, hurricanes or flooding, they're eager to rebuild. But scammers are also ready to take advantage. On today’s show, the lucrative business of contractor fraud and advice on how to avoid them.

    Related episodes:
    An indicator lost: Big disaster costs
    When insurers can’t get insurance
    Selling safety in the fight against wildfires
    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


    Looking for love in the auto supply chain Nov 19, 2025
    Show notes

    Foreign automakers already have huge assembly plants in the U.S., but lots of parts and materials come from overseas.
    To avoid costly tariffs, they gotta buy American. But … How does one meet those suppliers? How do you build a new relationship with them?
    The answer: Speed dating.
    Related episodes:
    The old trade war that brought foreign carmakers to the U.S.
    Tariffs: What are they good for?
    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 Jones. 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 to make switching jobs not terrifying Nov 18, 2025
    Show notes

    The U.S. labor market is stagnant right now, with little hiring and lots of people holding onto their jobs for dear life. In Denmark, there’s a different kind of labor system where it’s easy for employers to hire and fire, but at the same time people have a strong safety net in-between jobs. Today on the show, we learn how “flexicurity” works through the story of a Danish woman who left her job, and we ask how the model could work in the U.S.

    Related episodes:
    Why do we live in unusually innovative times?
    How Marxism went from philosophy to cudgel
    Ozempic's biggest side effect: Turning Denmark into a 'pharmastate'? 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 Jones. Translation from Jasmine Lolila. 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 you overpaid at that online auction Nov 17, 2025
    Show notes

    Ever put in the winning bid for something on an auction site only to realize you significantly overpaid? Yeah, there’s a phrase for that. On today’s show: the winner’s curse.
    Richard Thaler’s new book with Alex O. Imas is The Winner’s Curse: Behavioral Economics Anomalies, Then and Now.

    Read Planet Money’s newsletter on the winner’s 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 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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