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    The Indicator from Planet Money

    A little show about big ideas. From the people who make Planet Money, The Indicator helps you make sense of what's happening today. It's a quick hit of insight into work, business, the economy, and everything else. Listen weekday afternoons.

    Try Planet Money+! a new way to support the show you love, get a sponsor-free feed of the podcast, *and* get access to bonus content. You'll also get access to The Indicator and Planet Money Summer School, both without interruptions. sign up at plus.npr.org/planetmoney
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    Episodes (366)

    Spud spat

    Spud spat
    The federal government classifies potatoes (whether they be baked, waffled, curly, fried) as a vegetable.

    Recently some nutritional scientists were questioning that logic as the feds updated their dietary guidelines for 2025.

    On today's episode, why potatoes have such sway on Capitol Hill and the real financial stakes spuds have in staying a veggie.

    For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.

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    Oil gluts, Russian bucks, and Starbucks

    Oil gluts, Russian bucks, and Starbucks
    Indicators of the Week is back! This week, we've got indicators about oil gluts, big bucks for Ukraine and fewer bucks at Starbucks. (Apologies for the slurping.)

    Related episodes:
    How to get Russia to pay Ukraine
    An oil boom, a property slump and dental deflation

    ICYMI, preorder our new Indicator t-shirt at the NPR shop. For more ways to support our show, sign up for Planet Money+ where you'll get sponsor-free listening, bonus episodes, and access to even more Indicator merch.

    For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at
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    Is Google search getting worse?

    Is Google search getting worse?
    There are many anecdotal complaints about Google search not being what it used to be. A German computer scientist and his colleagues put this theory to the test recently focusing on product reviews. Today on the show, we bring their findings to Google's chief search scientist.

    Related episodes:
    How Fortnite brought Google to its knees (Apple / Spotify)
    Microsoft vs. Google: Whose AI Is better? (Apple / Spotify)

    For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.

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    Has the Fed lost the dot plot?

    Has the Fed lost the dot plot?
    The Federal Reserve introduced a visual tool called the "dot plot" in 2012 to communicate where officials think interest rates should be in the coming years. The dot plot is eagerly dissected by Fed watchers looking for insight on future policy, but others think that the dot plot has become a visual example of just how little the Fed can predict where the economy is going.

    Today on the show, we decode the dot plot and hear why some think that the Federal Reserve's artistic exercise should be scrapped altogether.

    The Federal Reserve's latest dot plot (page 4)

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    Is the 'border crisis' actually a 'labor market crisis?'

    Is the 'border crisis' actually a 'labor market crisis?'
    Politicians on both sides of the aisle call the surge at the US Southern Border a "border crisis."

    One camp says we need to focus on addressing the conditions in other countries that cause people to leave. The other says we have to focus on deterrence and enforcement.

    But...what if both camps are actually ignoring a major piece of the picture? Today on the show, an overlooked cause and potential solution to the situation at our southern border that has nothing to do with the border at all.

    Related episodes:
    Why Venezuela is no longer in freefall
    Welcome to the USA! Now get to work.

    ICYMI, preorder our new Indicator t-shirt at the NPR shop. For more ways to support our show, sign up for Planet Money+ where you'll get sponsor-free listening, bonus episodes, and access to even more Indicator merch.

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    Is chicken getting cheap? And other questions

    Is chicken getting cheap? And other questions
    We are back to answer your questions that you, our listeners, have been sending. On today's show, is chicken actually getting cheaper? Why doesn't the Federal Reserve use different interest rates around the country? And: is election spending an indicator of economic health?

    If you have a question you'd like us to answer, email us at indicator@npr.org.

    Related episodes:
    Can an old law bring down grocery prices? (Apple / Spotify)
    How political campaigns raise millions through unwitting donors
    How mortgage rates get made
    The rat under the Feds hat (Apple / Spotify)
    The interest-ing world of interest rates (Apple / Spotify)

    ICYMI, preorder our new Indicator t-shirt at the NPR shop. For more ways to support our show, sign up for Planet Money+ where you'll get sponsor-free listening, bonus episodes, and access to even more Indicator merch!

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    Ghost jobs

    Ghost jobs
    Today's jobs report shows a slight rise in unemployment to 4%. And some frustrated job seekers are growing tired of applying for job after job with no replies, sometimes asking whether the listings are even real. And this isn't just vexing for applicants. It's also haunting economists when trying to figure out how much slack there is in the labor market, and whether interest rates should be raised or lowered. Today on the show: the rise of ghost jobs. Where they're happening and why.

    Related episodes:
    Not too hot, not too cold: a 'Goldilocks' jobs report
    The Beigie Awards: From Ghosting to Coasting

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    Why California's high speed rail was always going to blow out

    Why California's high speed rail was always going to blow out
    99.5 percent of megaprojects are either over time, over budget or have lower benefits than expected. What's going wrong? Today, we look at case studies from California's high speed rail project to the Sydney Opera House to consider the do's and don'ts of ambitious projects.

    Bent Flyvbjerg and Dan Gardner's book on megaprojects is How Big Things Get Done: The Surprising Factors that Determine the Fate of Every Project, from Home Renovations to Space Exploration and Everything In Between.

    Related episodes:
    Why building public transit in the US costs so much (Apple / Spotify)
    Planes, trains and bad bridges (Apple / Spotify)

    ICYMI, preorder our new Indicator t-shirt at the NPR shop. For more ways to support our show, sign up for Planet Money+ where you'll get sponsor-free listening, bonus episodes, and access to even more Indicator merch!

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    Why the U.S. helps pay for Israel's military

    Why the U.S. helps pay for Israel's military
    The United States has been a supporter of Israel since the nation's establishment in 1948. With the civilian death toll rising in the Israel-Hamas war, growing scrutiny is mounting over just how much the U.S. should support Israel's military. Today, a historical explanation for why the United States tied itself so closely to support for Israel.

    Related episodes:
    Protesters want schools to divest from Israel. How would that work? (Apple / Spotify)

    ICYMI, preorder our new Indicator t-shirt at the NPR shop. For more ways to support our show, sign up for Planet Money+ where you'll get sponsor-free listening, bonus episodes, and access to even more Indicator merch!

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    Common economic myths, debunked

    Common economic myths, debunked
    Maybe you've heard these things on social media, in the news, and take them as fact: More than half of the adults in the US live paycheck to paycheck, the trade deficit is always bad, and making the super wealthy pay their fair share will fix everything.
    Well, the truth isn't so simple. Today on the show: economic mythbusting. We take three factoids about the American economy and run them through the fact checkers.
    Related episodes:
    Is the federal debt REALLY that bad? (Apple/Spotify)
    Is the financial media making us miserable about the economy? (Apple/Spotify)
    ICYMI, preorder our new Indicator t-shirt at the NPR shop. For more ways to support our show, sign up for Planet Money+ where you'll get sponsor-free listening, bonus episodes, and access to even more Indicator merch!
    For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at
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    Unveiling our mascot's new name and merch!

    Unveiling our mascot's new name and merch!
    MERCH! You asked for it. We got it. After rebranding our podcast earlier this year, we decided it was time to create our own merch. On today's show, a brief oral history of early merch, how to score an Indicator t-shirt, and the winning name of our new mascot.

    • Preorder the t-shirt now at shopnpr.org/indicator
    • Sign up for Planet Money+ to access more Indicator merch

    Related episodes:
    Name our mascot. No, really (Apple / Spotify)
    Planet Money Makes a T-shirt

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    The cutest indicator in the world

    The cutest indicator in the world
    Indicators of the Week is back, where we dig into three economic snapshots from the global economy. This week, we are exploring consumers' ever so slightly improved perception of the economy, what's going on with carbon offsets, and why China is sending some pandas to U.S. zoos.

    Related Episodes:
    Actors back. Pandas gone. WeBankrupt. (Apple / Spotify)
    How Red Lobster got cooked and other indicators (Apple / Spotify)
    Emission Impossible (Apple / Spotify)

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    Indicator Quiz: May Edition

    Indicator Quiz: May Edition
    It's time for The Indicator Quiz! We test you, dear listener, on your knowledge of topics that we've covered on The Indicator! Today's quiz focuses on ch-ch-changes. (That's a David Bowie reference, kids!) We're covering changes in the economy, the environment, the rental market, you get the picture. We're even tossing in a question about an AI-resurrected rapper. Play along with us and see how you do! Are you interested in being a contestant on our next Indicator Quiz? Email us your name and phone number at indicator@npr.org and put "Indicator Quiz" in the subject line.

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    Using anecdotes to predict recessions

    Using anecdotes to predict recessions
    Eight times a year, we award regional Federal Reserve Banks with our coveted Beigie Award. While the anecdotes within the Beige Book offer us fascinating looks into the economy, to others, it can be difficult to make anything of the stories they tell. That's why we're giving out a special Beigie award today to some economists who found a way to use anecdotes to peer into our economic future.

    Regional Economic Sentiment: Constructing Quantitative Estimates from the Beige Book and Testing Their Ability to Forecast Recessions

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    Can dental therapists fill the gap in oral care?

    Can dental therapists fill the gap in oral care?
    Dental therapists have been practicing in other parts of the world for decades, but in the U.S. they are relatively few and far between. Like a hygienist, dental therapists can do cleanings as well as some procedures usually reserved for dentists, like simple extractions. They could also be the solution to getting underserved, rural communities better oral care. Today on the show, new momentum for dental therapy and why the American Dental Association is pushing back.

    Related episodes:
    The value of good teeth

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    Why tariffs are SO back

    Why tariffs are SO back
    Last week, President Biden placed tariffs on a slew of Chinese goods. When Donald Trump was president, he did the same. Regardless of who wins the election, the US is gearing up for heavy tariffs on imports in 2024. But this is far from the first time the economic tool has been in style.

    Today, a brief history of US tariffs: how they came into fashion, fell out of fashion, are now back again and why economists aren't too happy about it.

    Related Episodes:
    Trade wars and talent shortages (Apple / Spotify)
    The surprising leader in EVs (Apple / Spotify)
    A brief history of tariffs
    Worst. Tariffs. Ever.

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    How Fortnite brought Google to its knees

    How Fortnite brought Google to its knees
    In August 2020, Epic Games launched a legal assault against both Google and Apple, alleging that their mobile app stores are illegal monopolies. Almost four years later, Epic could be close to forcing Google to make major changes to its Play Store.

    Today, we explain the legal battle behind Epic v. Google and why the outcome could have major implications for where consumers get their apps and how they pay for them.

    For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.

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    AI Tupac and the murky legality of digital necromancy

    AI Tupac and the murky legality of digital necromancy
    With a few clicks of AI software, anyone can conjure the voice or visual likeness of a dead celebrity — or really anyone. This new world has opened up a bunch of new legal questions about the rights of people and their heirs to control digital replicas of themselves. Today on the show, how a Drake diss track featuring the voice of Tupac made it into the Congressional record, and how it may lead to more regulation of AI.

    To read more of Greg Rosalsky's reporting, subscribe to Planet Money's newsletter.

    Related episodes:
    AI creates, transforms and destroys ... jobs (Apple / Spotify)
    Are the Products in your shopping cart real? (Apple / Spotify)
    Planet Money makes an episode using AI

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    Building generational wealth in rural America

    Building generational wealth in rural America
    Homes are not just where we eat and sleep, but one of the primary ways people build generational wealth in the U.S. But with home shortages and harsh climates, rural America's path to building that wealth looks a little different than other parts of the country. Today on the show, we focus in on housing challenges in Alabama's Black Belt and one innovative solution to preserving generational wealth.

    Related:
    There is growing segregation in millennial wealth

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