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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

The Supreme Court struck down a bunch of President Trump’s tariffs yesterday. The Trump administration originally used an emergency economic powers law to justify the tariffs. And the court said: No! You can’t do that! Bad Trump, bad! This is despite the U.S. having raked in over a hundred billion dollars in import taxes already.

On today’s show, unpacking the Supreme Court’s blockbuster tariffs decision. What’s next for tariffs? And … are we getting tariff refunds? Asking for a friend.

Related episodes: 
Trump's backup options for tariffs
Tariffied! We check in on businesses
Are Trump's tariffs legal?
Worst. Tariffs. Ever. 

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 Vito Emanuel. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.

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Can I get my tariff money back now?

The Trump administration is planning to pour more than $38 billion into warehouses for mass immigrant detention. While some communities are starting to push back, one rural town has agreed to expand its detention facility. On today’s show, we visit a small town in Georgia to learn about the trade-offs of becoming a detention town. 

Related episodes: 
How well are ICE’s 12,000 new officers being trained? 
How ICE crackdowns are affecting the 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 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 this rural town wants an ICE facility

The Department of Homeland Security says it has more than doubled the workforce of Immigration and Customs Enforcement under President Trump. Yet videos of immigration officers killing two U.S. citizens and using aggressive arrest tactics have left some politicians and community leaders rethinking the agency’s approach. On today’s show, law enforcement experts assess the training and culture at DHS. 

Related episodes: 
How ICE crackdowns are affecting the 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 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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How well are ICE's 12,000 new officers being trained?

According to activists, Iran has killed over 7,000 people as part of a crackdown on protesters. Why did protests engulf Iran in the first place? A big contributor: Its flagging economy, which has been in a tailspin for years. It’s a tinderbox.

Related episodes: 
Iran, protests, and sanctions
The Lost Plane

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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How Iran's flagging economy inflamed its protests

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

On today’s episode: Analyzing the new jobs numbers, how letting in more immigrants could reduce elder mortality, and betting on the return of … Jesus Christ. 

Related episodes: 

Just how bad are these job numbers? 

A market to bet on the future 

Who's gonna take care of grandma? 

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, Cooper Katz McKim and Vito Emanuel. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter. 

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

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Jobs numbers, immigrants in healthcare, and ... Jesus Christ?

The prices of gold and silver are on rollercoaster rides; Gold has been rising over the last few years, silver shot up like a skyrocket in January … but then both plunged in price and sputtered around the end of the month. 

It raises the question: What is going on? 

Today on the show, we talk with some traders about what this volatility of gold and silver is saying about the state of the world. 

Related episodes: 

Why is everyone buying gold? 

A new-ish gold rush and other indicators 

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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What is going on with gold and silver?

Food keeps getting more expensive, so how do shoppers respond? They change what they buy, right? It’s not just that cheaper foods get more popular. Shoppers are more nuanced than that. So, today on the show, we choose one classic meal that is tailor-made for this anxious economic moment. Why Hamburger Helper is poised to win 2026.

Related episodes: 
How niche brands got into your local supermarket
Can you trust you're getting the same grocery prices as someone else?
Hits of the Dips: Songs of recessions past

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 boxed meal helping Americans stay on budget

Trade wars. Financial panics. Inflation. How come it feels like it’s all bad news in the global economy these days? Economist Eswar Prasad’s answer: something he calls the ‘doom loop.’ That’s where massive geopolitical and economic forces feed off each other and send us careening into disorder. Sounds dire. But it’s not hopeless.

On today’s show, are we in a doom loop? And if we are … how do we get out of one?

Eswar Prasad’s new book is called “The Doom Loop: Why the World Economic Order Is Spiraling into Disorder”.

Related episodes: 
Is the financial media making us miserable about the economy?
Why are some nations richer?

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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Are we in an economic 'doom loop'?

It’s a weird time for jobs numbers. Another month, another jobs report pushed back by the Bureau of Labor Statistics. Averaging two private sources, ADP and Revelio Labs: an estimated 4,500 jobs were added in January. Sounds like … not many. 

And, yet, the unemployment rate hasn’t seemed to have risen. This might be, in part, due to the Trump administration’s immigration crackdown. We’ll explain through the story of one Angeleno.

On today’s show, how bad are these job numbers? Or are they not bad at all? And what does immigration have to do with it? 

Related episodes: 
Can we still trust the monthly jobs report? (Update) 
What you need to know about the jobs report revisions 
What really goes on at the Bureau of Labor Statistics (Update) 

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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Just how bad are these job numbers?

How did the U.S. become the Olympic powerhouse it is today? Cold War competition. The Soviet Union sponsored their athletes. But America wanted its athletes to pull themselves up by their bootstraps. It birthed an unexpected accelerator of Olympic development: College football. Stay with us now.

On today’s show, how college football became an Olympic development engine. And how that engine might not be running as smoothly as it once did.

Related episodes: 
Why the Olympics cost so much
You can't spell Olympics without IP
A huge EU-India deal, Heated Rivalry, and a hefty $200k to Olympians
Why Host The Olympics?
The monetization of college sports

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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What is going on with gold and silver?

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