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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.

The Indicator from Planet Money

When you walk into a store, you're probably used to seeing price tags on things, saying what they cost. 

But when you shop online, there is no price tag. There's just the price you see on screen. What if companies use your online data — like your location and browsing history — to charge you more than somebody else … or maybe less?

Today on the show: Surveillance pricing vs. personalized pricing. 

Related episodes: 

Is dynamic pricing coming to a supermarket near you? 

Wendy's pricing mind trick and other indicators of the week 

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. 

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Should 'surveillance pricing' be banned?

Los Angeles is synonymous with car culture. But now that it's hosting the 2028 Olympics, could that be changing? On today's show, LA's public transit building bonanza, and why some worry the new infrastructure will benefit tourists more than locals. 

Related episodes: 
Why the Olympics cost so much 
Why building public transit in the US costs so much 

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. 

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Can LA host a 'car-free' Olympics?

It’s … Indicators of the Week! Our weekly look at some of the most fascinating economic numbers from the news. 

On today’s show: A rate cut and drama at the Federal Reserve, the average American gets a little less creditworthy, and those giant check sweepstakes winners? Well, they might have to get a job soon. 

Related episodes: 
Why an aggressive rate cut could backfire on Trump 
Trump's unprecedented attack on the Fed 
What goes into a credit score? 

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.

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The Fed cuts rates, America's FICO dips, and forever ends for sweepstakes winners

Back-to-school supplies are getting more expensive … so why are parents and teachers at public schools expected to foot the bill? Today on the show: An economist explains how the cost of school supplies fits into the larger history of public school funding, and what one school district is doing differently. 

Related episodes: 

A food fight over free school lunch 

Mailbag: Children Edition 

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. 

Learn more about sponsor message choices: podcastchoices.com/adchoices

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Why "free" public education doesn't always include school supplies

There has been an inordinate amount of trading activity recently in the crypto markets. But what if much of that activity was an illusion? A smokescreen? A fraud? Today on the show, we look at the practice of wash trading, and how it’s evolved in the crypto world. 

Related episodes: 
The fake market in crypto 

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. 

Learn more about sponsor message choices: podcastchoices.com/adchoices

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The crypto market is hot. But is it an illusion?

The Federal Reserve is expected to make a modest cut to interest rates this week of about a quarter or half a percentage point. President Trump, however, believes they should take a far more aggressive approach: a 3-percentage point cut. 

Today on the show, we examine what a 3-percentage point cut would actually look like, and why that outcome would likely backfire on the president. 

Related episodes: 
It's hard out there for a Fed chair 
Should presidents have more of a say in interest rates? 
Can the Federal Reserve stay independent? 

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. 

Learn more about sponsor message choices: podcastchoices.com/adchoices

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Why an aggressive rate cut could backfire on Trump

Beef is getting more expensive, and it doesn’t look as though that’s going to change any time soon. That’s the view of the Federal Reserve Bank of Dallas, which wrote in its Beige Book entry this month that the trend of rising beef prices continues. There’s solid demand for beef, but falling supply, as production decreases. Ranchers are making more per cow, but their costs are rising. We speak with a rancher in Wyoming to learn what high beef prices mean for him and other ranchers. 

Related episodes: 
What happened to US farmers during the last trade war 
How USAID cuts hurt American farmers 

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. 

Learn more about sponsor message choices: podcastchoices.com/adchoices

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Why beef prices are so high

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 concept of capitalism is cooling in American minds; the U.S. policies behind the Hyundai ICE raid; and an influential family’s succession saga comes to a thrilling (and expensive!) conclusion. 

Related episodes: 
Salvaging democratic capitalism, with Martin Wolf
How to pass on a global media empireFor 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. 

Learn more about sponsor message choices: podcastchoices.com/adchoices

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ICE raids, cooling on capitalism, and a Murdoch settlement

We’ll never leave your messages unread. On today’s show, we open the inbox to hear from Indicator listeners about why seasoned software developers might have more AI-proof jobs, and an idea for how to improve accreditation for crime labs. 

Got a question, comment on a recent show or idea for an episode? Send us a message at indicator@npr.org. 

Related episodes: 
Tech layoffs, recession pop and more listener questions answered 
Mail bag! Grad jobs, simplified branding and central bank independence 

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. 

Learn more about sponsor message choices: podcastchoices.com/adchoices

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We read your mail on AI-proof jobs and how to fix crime labs

Tesla’s board of directors recently proposed a pay package for CEO Elon Musk that could pay him about a trillion dollars if he meets certain goals. It’s not a done deal yet—Tesla shareholders will vote on the proposal at the company’s annual meeting in November. But just how much of a say do shareholders actually have in that decision? Or any decision?

Today on the show, we look at what it takes for a shareholder to get their voice heard and how this may be changing under the Trump administration. Plus we talk to one Tesla investor agitating for changes at the company.

Related episodes: 
An epic proxy battle comes to Hasbro 
Elon Musk and the fear of the activist investor 
Impact investing, part 1: Money, meet morals 
Impact investing, part 2: Can money meet morals?

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. 

Learn more about sponsor message choices: podcastchoices.com/adchoices

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Can shareholders influence Elon Musk's trillion dollar pay package?

It’s … Indicators of the Week! Our weekly look at some of the most fascinating economic numbers from the news. 

On today’s episode: AI shuts out youth from the grind, China leaves U.S. soybeans behind, Gap has the then-and-now in marketing mind. 

Related episodes: 
AI creates, transforms and destroys... jobs 
What do farmers do in a trade war? 

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 and Julia Ritchey. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter. 

Learn more about sponsor message choices: podcastchoices.com/adchoices

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AI creeps in, KATSEYE milkshakes, and China says “Zaijian!” to US soybeans

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