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The 2026 midterm elections are fast approaching, and it’s gearing up to be the most expensive election in American history. So how did we get here, where every election feels more expensive than the last?  Today on the show, we’re exploring what’s causing the flood of money into our politics.  Fact checking by Sierra Juarez. Your Next Listen –Bad economics, smart politics –Over 2,000 episodes in our archive on the NPR App Connect with The Indicator from Planet Money–The Indicator newsletter — a weekly roundup of news, ideas and staff picks. –Instagram, TikTok and YouTube –Find the Planet Money book –Find the Planet Money game, Sell Me A Sasquatch, and other merch at the NPR Shop! Support public media by subscribing to NPR+ and enjoy perks for over 25 podcasts like this one. This show’s perks include sponsor-free listening. Learn more at plus.npr.org. 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 labyrinthine rebate process. Shrinking cereal boxes. Mystery rental car charges. Cockroaches?! We share listener tales of Consumer Rage and unpack the economic forces driving that ANGER. Fact checking by Sierra Juarez. Your Next Listen –Consumers are mad as hell and aren't gonna take it anymore–Over 2,000 episodes in our archive on the NPR App Connect with The Indicator from Planet Money–The Indicator newsletter — a weekly roundup of news, ideas and staff picks. –Instagram, TikTok and YouTube –Find the Planet Money book –Find the Planet Money game, Sell Me A Sasquatch, and other merch at the NPR Shop! Support public media with NPR+ and enjoy perks for over 25 podcasts like this one. This show’s perks include sponsor-free listening. Learn more at plus.npr.org. 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

This year's Nobel Prize for Economics went to American economists Robert E. Hall and Michael Woodford! Their research focused on macroeconomic models and economic shocks. But … How did we get a Nobel Prize in economics, or as it’s actually called, the more long-winded “Swedish Central Bank Prize in Economic Sciences in memory of Alfred Nobel”? And why did nearly 70 years pass between the first Nobel Prizes and a Nobel recognition for economics?  Fact checking by Sierra Juarez. Your Next Listen –Why do we live in unusually innovative times?–Over 2,000 episodes in our archive on the NPR App Connect with The Indicator from Planet Money–The Indicator newsletter — a weekly roundup of news, ideas and staff picks. –Instagram, TikTok and YouTube –Find the Planet Money book –Find the Planet Money game, Sell Me A Sasquatch, and other merch at the NPR Shop! Support public media with NPR+ and enjoy perks for over 25 podcasts like this one. This show’s perks include sponsor-free listening. Learn more at plus.npr.org. 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

Nearly 30 million bison once roamed North America, from modern Canada to Mexico. In the late 1800s, white settlers and the U.S. military annihilated the population of bison, bringing these creatures to the brink of extinction. The consequences for the people who relied on the bison were dire — and still being felt today. In an episode that first aired in August 2023, we spoke to one economist who reveals the shocking numbers about the destruction of the bison, and one member of the Blackfeet Nation who is trying to bring them back. Fact checking by Sierra Juarez. This episode originally aired Aug. 21, 2023. Your Next Listen –Blood, oil, and the Osage Nation: The battle over headrights –Over 2,000 episodes in our archive on the NPR App Connect with The Indicator from Planet Money –The Indicator newsletter — a weekly roundup of news, ideas and staff picks. –Instagram, TikTok and YouTube –Find the Planet Money book –Find the Planet Money game, Sell Me A Sasquatch, and other merch at the NPR Shop!  Support public media by subscribing to NPR+ and enjoy perks for over 25 podcasts like this one. This show’s perks include sponsor-free listening. Learn more at plus.npr.org. 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

This week our top indicators include changes to the funding model for SNAP, private equity’s influence on youth baseball and Meta’s attempt to find flaws in its brand new AI assistant.  Fact checking by Sierra Juarez. Your Next Listen –Why Trump's spending bill could close your grocery store–Over 2,000 episodes in our archive on the NPR App Connect with The Indicator from Planet Money–The Indicator newsletter — a weekly roundup of news, ideas and staff picks. –Instagram, TikTok and YouTube –Find the Planet Money book –Find the Planet Money game, Sell Me A Sasquatch, and other merch at the NPR Shop! Support public media by subscribing to NPR+ and enjoy perks for over 25 podcasts like this one. This show’s perks include sponsor-free listening. Learn more at plus.npr.org. 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

Federal immigration enforcement arrests reached record highs this past summer, and under the second Trump administration, immigration agents can now more easily access so-called sensitive areas, including hospitals. Today on the show: how both patients and healthcare workers are bearing the physical and economic costs of these deportation campaigns.  Featuring Dr. William D. Lopez, author of Raiding the Heartland: an American Story of Deportation and Resistance. Fact checking by Sierra Juarez. Your Next Listen  How ICE arrests are creating 'economies of fear' Connect with The Indicator from Planet MoneyThe Indicator newsletter - a weekly roundup of news, ideas and staff picks.Buy the Planet Money book InstagramTikTokYouTube For sponsor-free episodes, subscribe to NPR+  Support public media with NPR+ and enjoy perks for over 25 podcasts like this one. This show’s perks include sponsor-free listening. Learn more at plus.npr.org.  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

Rising electricity prices are one of the primary reasons why data centers are a public enemy this election cycle. But is it realistic to expect energy prices to stay high forever?  Fact checking by Sierra Juarez. Your Next Listen No AI data centers in my backyard!Over 2,000 episodes in our archive on the NPR App Connect with The Indicator from Planet MoneyThe Indicator newsletter — a weekly roundup of news, ideas and staff picks.Instagram, TikTok and YouTubeFind the Planet Money book Find the Planet Money game, Sell Me A Sasquatch, and other merch at the NPR Shop! Support public media by subscribing to NPR+ and enjoy perks for over 25 podcasts like this one. This show’s perks include sponsor-free listening. Learn more at plus.npr.org. 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

Norway has the world’s largest sovereign wealth fund, but it’s facing a self-imposed dilemma. Should the fund's investments include companies that directly or indirectly contribute to the ongoing Israel-Hamas war? On today’s show, the ethical tightrope Norway is walking to invest its oil riches responsibly.  Fact checking by Sierra Juarez. Your Next Listen —How would a US sovereign wealth fund even work?  Connect with The Indicator — Sign up for The Indicator’s weekly newsletter! — Buy the Planet Money book — Find our socials, YouTube and more! — For sponsor-free episodes, subscribe to NPR+  Support public media with NPR+ and enjoy perks for over 25 podcasts like this one. This show’s perks include sponsor-free listening. Learn more at plus.npr.org. 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 do you ask your friends to pay you back in a timely way? We’ve got an etiquette coach to help with that.  Fact checking by Sierra Juarez. Your Next Listen — Is this a bank?Connect with The Indicator — Sign up for The Indicator’s weekly newsletter! — Buy the Planet Money book — Find our socials, YouTube and more! — For sponsor-free episodes, subscribe to NPR+  Support public media with NPR+ and enjoy perks for over 25 podcasts like this one. This show’s perks include sponsor-free listening. Learn more at plus.npr.org. 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

Most workers can’t start collecting full Social Security benefits until age 67. But a new proposal from Michigan Congresswoman Haley Stevens would allow workers in “physically demanding jobs” to receive full retirement benefits at 60. Today, two social security experts tell us the pros and cons.  Fact checking by Sierra Juarez. Your Next Listen — Iceberg ahead for Social Security Connect with The Indicator — Sign up for The Indicator’s weekly newsletter! — Buy the Planet Money book — Find our socials, YouTube and more! — For sponsor-free episodes, subscribe to NPR+ 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

What do influencing, AI and health sciences have in common? They’re all degree programs colleges have launched in the last few years to attract students looking for a new career path. On today's show, how colleges are rethinking degrees for a changing job market. Fact checking by Leyla Doss.  Your Next Listen — Community colleges are kind of underrated  Connect with The Indicator — Sign up for The Indicator’s weekly newsletter! — Buy the Planet Money book — Find our socials, YouTube and more! — For sponsor-free episodes, subscribe to NPR+  Support public media with NPR+ and enjoy perks for over 25 podcasts like this one. This show’s perks include sponsor-free listening. Learn more at plus.npr.org. 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

Universities spend millions of dollars every year on their athletics programs. But does that investment pay off? Today, we interrogate the “Doug Flutie Effect.”  Fact checking by Cooper Katz McKim. Your Next Listen — How college sports juiced Olympic developmentConnect with The Indicator — Sign up for The Indicator’s weekly newsletter! — Buy the Planet Money book — Find our socials, YouTube and more! — For sponsor-free episodes, subscribe to NPR+ 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

What rhymes with "snakes" and helps the government classify economic activity? NAICS — or the North American Industry Classification System. These codes categorize every industry from artificial turf installation to zucchini farming. But they’re not exactly easy to get. Today we look at one business’ quest for a NAICS code and what makes them so valuable.  Fact checking by Leyla Doss.  Your Next Listen — How to take the temperature of the US consumer  Connect with The Indicator — Sign up for The Indicator’s weekly newsletter! — Buy the Planet Money book — Find our socials, YouTube and more! — For sponsor-free episodes, subscribe to NPR+  Support public media with NPR+ and enjoy perks for over 25 podcasts like this one. This show’s perks include sponsor-free listening. Learn more at plus.npr.org.  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

Decades ago, rich Americans used to pay taxes as high as 40% on their investments. Nowadays, an obscure investment strategy is helping them slash that figure toward … 0%. Today on the show, Bloomberg reporter Loukia Gyftopoulou, tells us about this generation’s “great American tax dodge,” and the “mad genius” behind it. A Tax Strategy for the Rich Built the World’s Largest Hedge Fund - Bloomberg Fact checking by Sierra Juarez. Your Next Listen — What’s a revenge tax? Connect with The Indicator — Sign up for The Indicator’s weekly newsletter! — Buy the Planet Money book — Find our socials, YouTube and more! — For sponsor-free episodes, subscribe to NPR+  Support public media with NPR+ and enjoy perks for over 25 podcasts like this one. This show’s perks include sponsor-free listening. Learn more at plus.npr.org. 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

This week’s indicators: Rent is squeezing middle-income earners, the Trump admin is squeezing ACA enrollees, and GLP-1s are squeezing employers. Fact checking by Julia Ritchey. Your Next Listen —Why GLP-1s aren't lowering employers' costs Connect with The Indicator — Sign up for The Indicator’s weekly newsletter! — Buy the Planet Money book — Find our socials, YouTube ad more! — For sponsor-free episodes, subscribe to NPR+ Support public media with NPR+ and enjoy perks for over 25 podcasts like this one. This show’s perks include sponsor-free listening. Learn more at plus.npr.org. 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