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NPR Topics: Business
Jun 26, 2025

Bill Moyers, the former White House press secretary turned acclaimed TV journalist, dead at 91
Bill Moyers, the former White House press secretary who became one of television's most honored journalists, has died at 91.

NPR Topics: Business
Jun 26, 2025

The legal battle over the fate of 23andMe's DNA data has taken a new twist
Genetic testing company 23andMe never hit on a sustainable business model and went bankrupt. Now, it's being sold to a non-profit launched by the co-founder, delaying addressing data privacy concerns.

NPR Topics: Business
Jun 26, 2025

Trump says anti-bribery laws are crippling U.S. businesses, so he's changing the rules
President Trump has said anti-corruption law is crippling American businesses. Since taking office, his administration has reduced the number of investigators, killed some cases and changed the rules.

NPR Topics: Business
Jun 26, 2025

How does President Trump make his money? Real estate, hospitality and his name
President Trump's financial disclosure shows more than $630 million in income from 2024 including tens of millions from cryptocurrency and Trump-branded products touted on the campaign trail.

NPR Topics: Business
Jun 26, 2025

The paperwork trap: A sneaky way to cut Medicaid in the 'One Big Beautiful Bill'?
Republicans want to add work requirements for Americans to get Medicaid. Is that a necessary step to fight "waste, fraud, and abuse" or a sneaky way of cutting the social safety net?

NPR Topics: Business
Jun 26, 2025

Kari Lake takes her war on Voice of America to Congress
Presidential adviser Kari Lake attacked the Voice of America in Congressional testimony Wednesday. A former network official called her actions "profoundly harmful to our national interests."

NPR Topics: Business
Jun 26, 2025

We're gonna need a bigger boat-building industry
During World War II, the U.S. shipbuilding industry flourished. Now, it's nearly non-existent. China is the dominant shipbuilder in the world economy., On today's show, we look at what happened to American shipbuilding and the protectionist impulses that could stifle a revival.

Related episodes:
Will Iran block the Strait of Hormuz?
The great turnaround in shipping
The wide open possibility of the high seas

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.

NPR Topics: Business
Jun 25, 2025

Econ Battle Zone: Budget Showdown
Econ Battle Zone is back! On today's episode Mary Childs and Kenny Malone enter Econ Battle Stadium to throw down against reigning champion Erika Beras.

Can Mary explain what effect extending the 2017 tax cuts will have on economic growth AND make her entire segment rhyme? Will Erika be able to overcome her fear of singing and craft a country song about the history of Medicaid? Can Kenny put together a piece about what warning signs economists look for to know whether the national debt has grown too large... but as a romantic comedy?

Guest judges Betsey Stevenson and David Kestenbaum face a difficult choice... but only one contestant can claim the coveted Econ Battle Zone Belt.

Artists featured in this episode: Rexx Life Raj (IG: @rexxliferaj); Merle Hazard; Alison Brown; Tristan Scroggins; Matt Coles; and Garry West.

Special thanks to Liz Garton Scanlon, Robin Rudowitz and Sarah Rosenbaum.

Find more Planet Money: Facebook / Instagram / TikTok / Our weekly Newsletter.

Listen free at these links: Apple Podcasts, Spotify, the NPR app or anywhere you get podcasts.

Help support Planet Money and hear o

NPR Topics: Business
Jun 25, 2025

Judge orders Trump administration to resume distributing money for EV chargers
Congress designated money for building new EV chargers, but the Trump administration put a freeze on those funds. A federal judge issued a preliminary injunction ordering the program to resume.

NPR Topics: Business
Jun 25, 2025

Just got laid off? Get back on your feet with this step-by-step guide
When you lose your job, it can be tough to know what to do next. Career coach Octavia Goredema shares a practical checklist of next moves, from reviewing exit paperwork to securing health care.

NPR Topics: Business
Jun 25, 2025

Why a war in the Middle East hasn't sparked an oil crisis
Global crude oil prices are now lower than they were before Israel attacked Iran earlier this month. A price spike did occur, but it was short-lived — unlike oil crises of the past.

NPR Topics: Business
Jun 25, 2025

One of the cheapest ways to save a life is going away
What's the price to save a human life? We examine the monumental legacy of the U.S. President's Emergency Plan For AIDS Relief (PEPFAR) with journalist Jon Cohen, who traveled to Eswatini and Lesotho to learn how cuts under the Trump Administration are hitting people at the clinic door.

Related episodes:
The gutting of USAID
How USAID cuts hurts 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.

NPR Topics: Business
Jun 24, 2025

Even bridal gowns fall victim to tariffs
Tariffs have entered the bridal fitting room as couples are discovering that almost all the dresses are made abroad. Many are designed in the U.S. and made in China.

NPR Topics: Business
Jun 24, 2025

NTSB faults Boeing for lack of safety protocols in 737 Max door plug blowout
The nation's top safety investigators concluded that a lack of basic safety processes at Boeing, coupled with an inexperienced workforce, contributed to the door plug blowout in January 2024.

NPR Topics: Business
Jun 24, 2025

Fed Chair Jerome Powell says tariff uncertainty warrants caution on rate cuts
Federal Reserve Chair Jerome Powell, under continued attack from President Trump, says the impact of tariffs on inflation should become clearer in the coming months.

NPR Topics: Business
Jun 24, 2025

Salvadoran journalist's arrest in Georgia sets 'alarming precedent'
Salvadoran journalist Mario Guevara is currently in Immigration and Customs Enforcement custody. The Committee to Protect Journalists warns his case represents an "erosion" of freedom of speech.

NPR Topics: Business
Jun 24, 2025

Will Iran block the Strait of Hormuz?
The world has held a close eye on the Strait of Hormuz lately with Israeli and U.S. strikes on Iran. Nearly a quarter of the world's seaborne oil passes through the narrow waterway, and many are worried Iran could shut the strait down. Today on the show, we explore what it would mean for Iran to close off the strait, and what insurance could tell us about tensions in the Middle East.

Related episodes:
Oil prices and the Israel-Hamas war (Apple / Spotify)
How the 'shadow fleet' helps Russia skirt sanctions (Apple / Spotify)

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

NPR Topics: Business
Jun 23, 2025

What to know about Jeff Bezos' upcoming Venice wedding — and the protests against it
Bezos will soon marry Lauren Sánchez in Venice. Protesters say the city, already grappling with overtourism, is putting the wedding over their needs — which city officials and wedding organizers deny.

NPR Topics: Business
Jun 23, 2025

Home sales just posted their slowest May in 16 years
There are 20% more homes for sale this May — but it hasn't been enough to pull buyers off the sidelines amid high mortgage rates and economic uncertainty.

NPR Topics: Business
Jun 23, 2025

An AI video ad is making a splash. Is it the future of advertising?
The over-the-top ad combines the energy of Grand Theft Auto with the drama of the NBA Finals — all created by AI. Is it a sign of things to come?

NPR Topics: Business
Jun 23, 2025

You told us how tariffs are affecting you
Americans like to spend money. In fact, we spend more per person than almost any other country in the world. So, we wanted to know how an uncertain economy is affecting that. Today on the show, we hear from consumers directly on how their spending habits have changed the past few months.

Related episodes:
How's ... everybody doing? (Apple / Spotify)
Three ways consumers are feeling the pinch (Apple / Spotify)

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.

NPR Topics: Business
Jun 22, 2025

What separates the ultrarich from the just-plain-rich? The gigayacht.
A new collection of essays by New Yorker writer Evan Osnos, The Haves and Have-Yachts, provides rich research and material for the conversation about extreme wealth in America today.

NPR Topics: Business
Jun 21, 2025

Reporters for Voice of America and other U.S. networks fear what's next
Journalists who have risked their freedom to report for Voice of America and its sister news outlets wonder what happens to them now that the Trump administration has gutted their parent agency.

NPR Topics: Business
Jun 20, 2025

The U.S. is the world's bribery cop. Is that about to change?
The U.S. has been policing bribery all over the world for nearly half a century using a law called the Foreign Corrupt Practices Act. But now, President Trump has said that this anti-corruption law is crippling American businesses. Since taking office, his administration has reduced the number of investigators, killed some cases, and changed the rules.

In this episode, we look at the FCPA case against Glencore, a large commodity trading company, found guilty in 2022 for paying cash bribes in exchange for lucrative contracts all over the world.

And we go back to the inception of the law, a time when using bribes to pay off foreign officials was considered "grease in the wheels" - a reasonable (if unethical) way to get business done.

This episode was hosted by Amanda Aronczyk and Erika Beras. It was produced by Willa Rubin. It was fact-checked by Emily Crawford with help from Willa Rubin. It was edited by Marianne McCune. It was engineered by James Willetts. Alex Goldmark is Planet Money's executive producer.

Find more Planet Money: Facebook / Instagram / TikTok / Our weekly Newsletter.

Listen free at these links: Apple Podcasts, Spotify, the NPR app or anywhere you get podcasts.

Help support Planet Money and hear our bonus episodes by subscribing to Planet Money in Apple Podcasts or at plus.npr.org/planetmoney.

NPR Topics: Business
Jun 20, 2025

Kari Lake guts Voice of America as U.S. reporters face threats abroad
The Trump administration is slashing jobs at Voice of America's parent agency by 85%. Journalists who have risked their freedom to report for the broadcaster wonder what happens next.

NPR Topics: Business
Jun 20, 2025

Voice of America gutted by Trump adviser Kari Lake
The Trump administration is slashing jobs at Voice of America's parent agency by 85%. Journalists who have risked their freedom to report for the broadcaster wonder what happens next.

NPR Topics: Business
Jun 20, 2025

How inflation is impacting restaurants across the U.S.
Inflation has pumped up food prices for consumers at the grocery store and for restaurants. NPR speaks with restaurant owners across the U.S. who sell regional classics to see how they are faring.

NPR Topics: Business
Jun 20, 2025

SALT-n-pessimism
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 Senate passes the GENIUS Act, the SALT cap might be DOA in the OBBB, and a gender split on the state of the economy.

Related episodes:
How stable is Stablecoin? (Apple / Spotify)
Feeling inflation in the grocery store

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.

NPR Topics: Business
Jun 19, 2025

Deadly listeria outbreak leads to recall of ready-to-eat fettuccine Alfredo meals
A nationwide listeria outbreak has been linked to 17 illnesses, and three deaths, according to the U.S. Department of Agriculture's Food Safety and Inspection.

NPR Topics: Business
Jun 19, 2025

Why it's hard to hire air traffic controllers
Federal aviation authorities have been trying for years to hire more air traffic controllers, but they've fallen short of their goals. We look at why it's so hard to train enough controllers.

NPR Topics: Business
Jun 19, 2025

Why the business world is worried about proposed tax on remittances and 'revenge tax'
For decades, the U.S. has welcomed the flow of foreign capital into the country. But two tax measures nestled into President Trump's spending package could change that.

NPR Topics: Business
Jun 19, 2025

Claims that seed oils are harming Americans' health are causing problems for farmers
Health Secretary Robert F. Kennedy Jr. and others have said that seed oils are poisoning Americans. The medical community mostly rejects those claims, but they are causing problems for farmers.

NPR Topics: Business
Jun 18, 2025

The debt limit, the origins of the X Date, and why it all matters
Note: A version of this episode first ran in 2023.

Every year, the U.S. government spends more money than it takes in. In order to fund all that spending, the country takes on debt. Congress has the power to limit how much debt the U.S. takes on. Once we reach that limit, Congress has a few options so that the government keeps paying its bills: Raise the debt limit, suspend it, or eliminate it entirely.

Which is daunting, because if lawmakers don't figure something out in time, the ramifications for the global economy could be huge.

Shai Akabas, of the Bipartisan Policy Center, has become something of the go-to expert in calculating the exact date America would hit the wall and not be able to pay all its debts. This day is so terrifying it has a special name, the X-Date.

Today's episode is about how Akabas and Jay Powell — long before he became chair of the Federal Reserve — worked to create a system to determine the X-Date with the hope of helping us all never reach it.

We also have an update on this year's looming X-Date, which could arrive as soon as this summer.

Find more Planet Money: Facebook / Instagram / TikTok / Our weekly Newsletter.

Listen free at these links: Apple Podcasts, Spotify, the NPR app or anywhere you get podcasts.

Help support Planet Money and hear our bonus episodes by subscribing to Planet Money in Apple Podcasts

NPR Topics: Business
Jun 18, 2025

How one veteran executive is trying to survive Corporate America's DEI retreat
Chief diversity officer was once a hot job. But now DEI is under attack and executives like Candace Byrdsong Williams, who built a career in diversity, equity and inclusion, are out in the cold.

NPR Topics: Business
Jun 18, 2025

Pro-Trump media figures split over the U.S. role in the Israel-Iran conflict
Many of President Trump's nominal media allies are breaking with him over his backing of Israel, arguing it will lead to a wider war.

NPR Topics: Business
Jun 18, 2025

Trump will toss TikTok another lifeline, pushing back its sell-by date for a third time
Last year, Congress banned the app in the U.S., citing national security concerns and demanding it spin off from its Chinese owner, ByteDance. Trump said he'll once again pause enforcement of the ban.

NPR Topics: Business
Jun 18, 2025

Trump pushes back TikTok's sell-by date for a third time
Last year, Congress banned the app in the U.S., citing national security concerns and demanding it spin off from its Chinese owner, ByteDance. Trump has again paused enforcement of the ban.

NPR Topics: Business
Jun 18, 2025

Social Security benefits face big cuts in 2033, unless Congress acts
Trustees of the Social Security trust fund predict the fund will be exhausted in eight years. Unless Congress acts, Social Security payments will automatically drop by 23% at that time.

NPR Topics: Business
Jun 18, 2025

'Labubu' is a plush toy that is causing a frenzy. Here's its origin story
Labubus are a global sensation — sparking long lines outside toy stores, selling out online within minutes, and listing for double or triple their original price on resale markets. Here's why.

NPR Topics: Business
Jun 18, 2025

In 'Hysterical,' a podcaster unpacks a mysterious contagious illness among teen girls
Dan Taberski won a "Podcast of the Year" award for his investigation of a 2011 outbreak of tics and spasms in one high school. He's also the creator of the "Missing Richard Simmons" podcast.

NPR Topics: Business
Jun 18, 2025

A look at the 'golden share' agreement in the U.S. Steel-Nippon Steel partnership
NPR speaks with Todd Tucker, director of industrial policy and trade at the Roosevelt Institute, about the Trump administration's role in the U.S. Steel-Nippon Steel partnership.

NPR Topics: Business
Jun 18, 2025

Cloudy with a chance of showers? All eyes on Fed's economic forecast today
The Federal Reserve is expected to hold interest rates steady Wednesday. Members of the central bank's rate-setting committee will telegraph their plans for possible rate cuts later this year.

NPR Topics: Business
Jun 18, 2025

Cloudy with a chance of showers? Fed's economic forecast coming today
The Federal Reserve is expected to hold interest rates steady Wednesday. Members of the central bank's rate-setting committee will telegraph their plans for possible rate cuts later this year.

NPR Topics: Business
Jun 18, 2025

Fed holds interest rates steady, signals rate cuts of 0.5% later this year
The Federal Reserve held interest rates steady Wednesday. Members of the central bank's rate-setting committee also telegraphed their plans for possible rate cuts later this year.

NPR Topics: Business
Jun 18, 2025

Why the 30-year bond matters
Last week, the U.S. Treasury held an auction for 30-year bonds. Some were worried no one would show up to buy these things! That didn't happen, but the 'long bond' isn't exactly thriving at the moment. Today on the show, we look back at why we have such a long maturity bond and why it might be a good idea to start paying attention to it going forward.

Related episodes:
Bond market nightmares (Apple / Spotify)
Bond vigilantes. Who they are, what they want, and how you'll know they're coming (Apple / Spotify)
Trying to solve the mystery of big bond yields (Apple / Spotify)

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.

NPR Topics: Business
Jun 17, 2025

How Apple turbocharged China's development
A new book raises the specter that corporate offshoring of manufacturing may have undermined America's lead in technological innovation and even its national security.

NPR Topics: Business
Jun 17, 2025

10 ways travel insiders deal with annoying flight delays
Clever advice on how to quickly rebook your flight, skip long lines and avoid flight issues in the future. One tip? Try queuing up for an agent in the airport lounge.

NPR Topics: Business
Jun 17, 2025

Mixing family business with US trade policy in Vietnam
Last month, Eric Trump, executive vice president at The Trump Organization, attended a ceremony in Vietnam to break ground on a $1.5 billion residential development and golf course. This comes as Vietnam's government is in trade talks with the administration of Eric's father, President Donald Trump.

Today on the show, we look at how the Trump family's business projects in Vietnam are raising red flags when it comes to government ethics.

Related episodes:
How Trump is making coin from $TRUMP coin

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.

NPR Topics: Business
Jun 16, 2025

Trump has set lofty expectations when it comes to making trade deals
President Trump loves to boast about his deal-making prowress. But so far in this term, he doesn't have much to show for it.

NPR Topics: Business
Jun 16, 2025

Press group sues L.A., alleging police abuse of reporters at ICE rallies
The Los Angeles Press Club says police officers repeatedly used "less-lethal" bullets and violated the constitutional rights of reporters covering anti-ICE protests.

NPR Topics: Business
Jun 16, 2025

Journalists dodge rubber bullets in covering L.A. immigration protests
The Los Angeles Press Club says law enforcement officers have violated press freedoms of reporters covering anti-ICE protests in Los Angeles more than three dozen times.

NPR Topics: Business
Jun 16, 2025

The secret to Nintendo's success
Nintendo has been a titan in the video game industry for decades, but that wasn't always the case. At its very core, Nintendo sees itself as a toy company which is evident in its products from the Nintendo Entertainment System (NES) to the Nintendo Switch 2.

Today on the show, we explore Nintendo's history and examine how a small playing card company in Japan became a multimedia giant.

Related episodes:
Forever games: the economics of the live service model
Designing for disability: how video games become more accessible
The boom and bust of esports
Work. Crunch. Repeat: Why gaming demands so much of its employees
Video Game Industry Week: The Final Level

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

NPR Topics: Business
Jun 14, 2025

NPR Topics: Business
Find the latest business news with reports on Wall Street, interest rates, banking, companies, and U.S. and world financial markets. Subscribe to the Business Story of the Day podcast.

NPR Topics: Business
Jun 13, 2025

Why I joined DOGE
What was it like to work inside Elon Musk's DOGE? The cost-cutting initiative promised transparency, but most of its actions have been shrouded in secrecy.

For months, there were reports of software engineers and Trump loyalists entering agencies and accessing sensitive data. DOGE also helped the Trump administration lay off thousands of government workers. NPR reporters have been trying for months to get anyone from DOGE to talk on the record. Now, Sahil Lavingia, a former DOGE staffer assigned to the Department of Veteran Affairs, is speaking.

Today, what drew Sahil to DOGE and what he learned about the inner workings, in a way we've never heard before.

For more on DOGE and the federal workforce:
- The last time we shrank the federal workforce
- Can... we still trust the monthly jobs report?
- Can the Federal Reserve stay independent?

This episode was hosted by Kenny Malone and Bobby Allyn. It was produced by Sam Yellowhorse Kesler and Emma Peaslee. It was edited by Jess Jiang and fact-checked by Sierra Juarez. It was engineered by Neal Rauch. Alex Goldmark is Planet Money's executive producer.

Find more Planet Money: Facebook / Instagram / TikTok / Our weekly Newsletter.

Listen free at these links: Apple Podcasts, Spotify, the NPR app or

NPR Topics: Business
Jun 13, 2025

'Buy now, pay later:' a replacement for the millennial lifestyle subsidy?
The cheap convenience of the "millennial lifestyle subsidy" has gone - does "buy now, pay later" fill in the gaps?

NPR Topics: Business
Jun 13, 2025

Oil prices jump and stocks tumble following Israel's attack on Iran
Israel's attack on Iran sparked the biggest jump in crude oil prices since Russia's invasion of Ukraine more than three years ago. Stocks fell sharply.

NPR Topics: Business
Jun 13, 2025

Trump's parade, FEMA phase out, and Warner Bros. Discovery divorces ... itself?
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 monetary cost of Trump's military parade, looks like FEMA could be phased out, and another change to Warner Bros. Discovery.

Related episodes:
Coyote vs. Warner Bros. Discovery (Apple / Spotify)
Gilded Age 2.0? (Apple / Spotify)

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.

NPR Topics: Business
Jun 13, 2025

Asian shares slide while oil prices surge after Israel's strike on Iran
Markets in Asia opened lower early Friday while oil prices surged after Israel attacked Iran's capital amid the ramping up tensions over Tehran's rapidly advancing nuclear program.

NPR Topics: Business
Jun 12, 2025

The U.S. will tax tomatoes from Mexico. It could mean higher prices for consumers
On July 14, the U.S. is set to impose a 21 percent anti-dumping duty on fresh tomatoes imported from Mexico, and the U.S. food industry fears that prices at grocery stores and restaurants will go up.

NPR Topics: Business
Jun 12, 2025

What led the Boeing 787 Dreamliner to crash in India with 242 people aboard?
"It just appears to me that the airplane is unable to climb," former NTSB investigator Jeff Guzzetti tells NPR. Several explanations could account for that, the aviation expert says.

NPR Topics: Business
Jun 12, 2025

Why there's an unexpected surge in people claiming Social Security
Some early filers say worries about the future under the Trump administration moved up their timelines.

NPR Topics: Business
Jun 12, 2025

Public media funding up in the air as House prepares to vote on claw backs
The U.S. House plans to vote Thursday on a rescission bill that would claw back two years of funding for the public media system.

NPR Topics: Business
Jun 12, 2025

House votes to claw back $1.1 billion from public media
The U.S. House voted Thursday on a rescission bill to claw back money for foreign aid programs, along with two years of funding for the public media system. The measure now goes to the Senate.

NPR Topics: Business
Jun 12, 2025

House votes to kill funding for public media
The U.S. House voted Thursday on a rescission bill to claw back money for foreign aid programs, along with the next two years of funding for the public media system. The measure now goes to the Senate.

NPR Topics: Business
Jun 12, 2025

She served the American people for 35 years. Now her retirement income is on the line
As part of Trump's "Big, Beautiful Bill," the House voted to end a retirement supplement aimed at helping federal employees who retire before they're 62.

NPR Topics: Business
Jun 12, 2025

The hidden costs of healthcare churn
Healthcare churn—when people switch insurance plans—is particularly bad in the US.

In today's episode, why Americans switch healthcare plans so much, and how that can cost a lot in money ... and in health.

Related episode:
How doctors helped tank universal health care (Apple / Spotify)
Healthcare And Economic Despair

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.

NPR Topics: Business
Jun 11, 2025

Are Trump's tariffs legal?
When President Trump announced his sweeping new tariffs this year, many trade law experts were startled. Typically, presidents don't have the authority to impose broad tariffs with a snap of their fingers.

But Trump's advisors have an unusual new legal theory. They say that as long as there's a national emergency of some kind, Trump may be able to create whatever tariffs he wants. This is a creative interpretation of a 1977 law called the International Emergency Economic Powers Act, or IEEPA. To justify his latest tariffs, the president declared national emergencies involving illegal immigration, the fentanyl crisis, and the trade deficit.

But no president has ever tried to use the law in this way.

Now, the fate of Trump's tariffs — and the creative legal theory behind them — lies with the courts. About a dozen lawsuits have challenged his tariffs, claiming that they are unlawful and possibly even unconstitutional. And some judges have started to agree.

On today's show: What are the President's powers when it comes to tariffs? Where do they come from? What are their limits? And, what will be the fate of Trump's tariffs?

For more on Trump's tariffs:
- The 145% tariff already did its damage
- Do trade deficits matter?
- What "Made in China" actually means

Find more Planet Money: Facebook / Instagram / TikTok / Our weekly Newsletter.

Help support Planet Money and hear our bonus episodes by subscribin

NPR Topics: Business
Jun 11, 2025

Supreme Court press corps asks chief justice to live-stream court's opinions
The press corps' letter was sent to the chief justice a year ago, but there has been no response.

NPR Topics: Business
Jun 11, 2025

Inflation is holding steady as Trump's tariffs have yet to fully hit
Consumer prices in May were up 2.4% from a year ago, but inflation eased on a monthly basis, according to the latest figures from the Labor Department

NPR Topics: Business
Jun 11, 2025

Protecting your home from disaster might not help you get insurance
Insurance costs are soaring, and coverage is hard to find in some parts of the United States. Communities say insurers are ignoring their efforts to confront the problem.

NPR Topics: Business
Jun 11, 2025

Immigration crackdowns pose problems to businesses reliant on those in U.S. illegally
Trump's immigration crackdown is driving some people out of the country and others underground. That poses a challenge for businesses that have relied on workers who are in the U.S. illegally.

NPR Topics: Business
Jun 11, 2025

ABC drops Terry Moran after he calls Trump a 'world-class hater'
In dropping veteran correspondent Terry Moran, ABC News said his post calling President Trump "a world-class hater" was "a clear violation of ABC News policies."

NPR Topics: Business
Jun 11, 2025

The secret tariff-free zone
There's something interesting happening at the Port of Baltimore. On today's show, we explore the hidden world of bonded warehouses, where you can stash your imported Latvian vodka or Dutch beer free from tariffs (for a while).

Related episodes:
Tariffied! We check in on businesses (Apple / Spotify)

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.

NPR Topics: Business
Jun 10, 2025

The U.S. and China have agreed on a framework to resolve their trade disputes
After two days of talks in London, the U.S. and China have agreed in principle on a framework to carry out an agreement they reached on resolving their trade disputes last month, Chinese state media said.

NPR Topics: Business
Jun 10, 2025

Is all this talk of recession indicators a sign a recession is coming?
For generations, people have looked for small, informal signs that a recession is coming or already here. This phenomenon recently exploded on social media, often in joke form.

NPR Topics: Business
Jun 10, 2025

Wall Street CEOs are cycling through the five stages of tariff grief
As they process President Trump's chaotic tariffs and other economic policies, some of the country's most powerful CEOs are moving from denial and bargaining to public anger and depression.

NPR Topics: Business
Jun 10, 2025

What's a revenge tax?
For four decades, the US has maintained a consistent policy position: money should be fairly free to come and go in and out of the country. That's changing.

Two sections in the One Big Beautiful Bill Act would add friction. First is a 3.5% tax on immigrants sending money home, commonly known as remittances. Second is what's known as Section 899 or, colloquially, the 'revenge tax'. This one is making Wall Street wary. It would slap extra taxes on people and businesses investing in the U.S. if their home countries were deemed to tax Americans unfairly.

We explain these two taxes that could mark a shift in our free-flowing money era.

Related episodes:
The long view of economics and immigration (Two Indicators) (Apple / Spotify)
The "chilling effect" of deportations (Apple / Spotify)

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.

NPR Topics: Business
Jun 10, 2025

Dozens of states sue to block the sale of 23andMe personal genetic data
States argue that biological samples, DNA data, health-related traits and medical records are too sensitive to be sold without each person's express, informed consent.

NPR Topics: Business
Jun 09, 2025

Warner Bros. Discovery to be split, as Zaslav retreats from grand ambitions
Warner Bros. Discovery is to split into two, separating streaming and studios from its cable channels. The company has been burdened by debt and the decline of cable TV.

NPR Topics: Business
Jun 09, 2025

Apple's WWDC event goes big on design, but says less on AI
The annual event for developers focused on a new 'Liquid Glass' interface for Apple products, but did little to follow up on last year's promise of a bold push into artificial intelligence.

NPR Topics: Business
Jun 09, 2025

Dave Portnoy on Trump, the 'manosphere' and 'Barstool conservatism'
Barstool Sports founder Dave Portnoy spoke to Morning Edition. Here's what he had to say about why he voted for President Trump, how he disagrees with him and whether he could support Democrats.

NPR Topics: Business
Jun 09, 2025

Trump tariff revenue soars 78%. Who's paying them?
Tariff collections are up sharply in the last 2 months. Congressional forecasters say tariffs could help reduce the federal debt, but they'll also lead to higher inflation and slower economic growth.

NPR Topics: Business
Jun 09, 2025

Trump's trade war is raising money for the government, but at whose expense?
Tariff collections are up sharply in the last 2 months. Congressional forecasters say tariffs could help reduce the federal debt, but they'll also lead to higher inflation and slower economic growth.

NPR Topics: Business
Jun 09, 2025

How doctors helped tank universal health care
A debate has been raging over universal health care in the U.S. since the 1940s. Back then, a formidable opponent emerged to dump a lot of money into ensuring it wouldn't happen. That opponent was doctors. Today on the show, Sally Helm, a Planet Money reporter, comes to us in her capacity as the host of HISTORY This Week to detail how doctors helped tank single pay healthcare back then and the role communism played in the fight.

A longer version of this episode is available at HISTORY This Week from the History Channel.

Related episodes:
Why do hospitals keep running out of generic drugs? (Apple / Spotify)
Socialism 101

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.

NPR Topics: Business
Jun 07, 2025

How tariffs on aluminium and steel are impacting a recycling business in Pennsylvania
President Trump doubled tariffs on steel and aluminum imports this week. NPR's Debbie Elliott speaks with Andrew Lincoln from Lincoln Recycling about the impact on the metals industry.

NPR Topics: Business
Jun 06, 2025

When Chinese manufacturing met Small Town, USA
Over the past decade, politicians from both parties have courted American voters with an enticing economic prospect - the dream of bringing manufacturing and manufacturing jobs back to America. They've pushed for that dream with tariffs and tax breaks and subsidies. But what happens when one multinational company actually responds to those incentives, and tries to set up shop in Small Town, USA?

Today on the show - how a battery factory ignited a political firestorm over what kind of factories we actually want in our backyard. And what happens when the global economy meets town hall democracy.

This episode of Planet Money was produced by Emma Peaslee and Sylvie Douglis. It was edited by Marianne McCune and fact checked by Sierra Juarez. It was engineered by Robert Rodriguez. Alex Goldmark is our executive producer.

Read Viola Zhou's reporting on the Gotion battery factory.

Find more Planet Money: Facebook / Instagram / TikTok / Our weekly Newsletter.

Listen free at these links: Apple Podcasts, Spotify, the NPR app or anywhere you get podcasts.

Help support Planet Money and hear our bonus episodes by subscribing to Planet Money in Apple Podcasts or at plus.npr.org/planetmoney.

Music: NPR Source Audio - "Collectible Kicks," "Arturo's Revenge," and "Liquid Courage"

NPR Topics: Business
Jun 06, 2025

What the Musk-Trump feud means for SpaceX
The relationship breakdown between Elon Musk and the Trump administration could have big implications for Musk's company SpaceX, which the U.S. relies on for space- and defense-related services.

NPR Topics: Business
Jun 06, 2025

Who owns a acoustic piano these days? Across the country, less people are buying them
The acoustic piano was once a fixture in middle class homes. That's not the case anymore. With the popularity of electronic keyboards and music software, who is in the market for acoustic pianos?

NPR Topics: Business
Jun 06, 2025

Who owns an acoustic piano these days? Across the U.S., fewer people are buying them
The acoustic piano was once a fixture in middle-class homes. That's not the case anymore. With the popularity of electronic keyboards and music software, who is in the market for acoustic pianos?

NPR Topics: Business
Jun 06, 2025

Why U.S. workers keep getting more productive
For the last couple of years, U.S. labor productivity has been on the rise. And economists don't know exactly why. So today on the show, the president of the Federal Reserve Bank of Chicago plays economic detective and helps us investigate some different theories about why U.S. workers seem to be more productive than in prior decades.

Related episodes:
What keeps a Fed president up at night (Apple / Spotify)
Productivity and workforce whiplash (Apple / Spotify)

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.

NPR Topics: Business
Jun 06, 2025

Hiring slowed in May, as employers added 139,000 jobs
U.S. employers added 139,000 jobs in May — a modest slowdown from the previous month. The unemployment rate held steady at 4.2%, as the workforce shrank.

NPR Topics: Business
Jun 06, 2025

Sen. Tim Kaine says Trump's tariffs could reduce federal debt, but at what cost?
NPR's Steve Inskeep speaks with Sen. Tim Kaine, D-Va., who is also on the Senate Budget Committee, about how President Trump's tariffs will affect the federal budget and the economy.

NPR Topics: Business
Jun 06, 2025

From 1,300 to 81 workers: Trump official plans to cut Voice of America to the bone
Trump senior advisor Kari Lake envisions the agency that includes the international broadcaster Voice of America with 81 staffers after mid-August — down from about 1,300 full-time employees and contractors.

NPR Topics: Business
Jun 06, 2025

What the Trump-Musk breakup may mean for SpaceX and Tesla
From space travel to military operations to the future of green energy, the U.S. has become reliant on Elon Musk's business empire. But it won't be easy for the government to end its reliance on Musk.

NPR Topics: Business
Jun 05, 2025

Why inflation data won't include prices from these cities in Utah, Nebraska and New York
The federal government is scaling back data collection used to calculate the inflation rate. Economists warn that could make for less accurate cost-of-living measures.

NPR Topics: Business
Jun 05, 2025

Why some economists are worried about U.S. inflation data
The federal government is scaling back data collection used to calculate the inflation rate because of staff shortages. Economists warn that could make for less accurate cost-of-living measures.

NPR Topics: Business
Jun 05, 2025

Why U.S. inflation data won't include prices from these cities in Utah and Nebraska
The federal government is scaling back data collection used to calculate the inflation rate. Economists warn that could make for less accurate cost-of-living measures.

NPR Topics: Business
Jun 05, 2025

Gilded Age 2.0?
To hear President Trump tell it, the late 1800s, i.e. the Gilded Age, was a period of unparalleled wealth and prosperity in the U.S. But this era was also marked by corruption and wealth inequality. Sound familiar? On today's show, is history repeating itself?

Related episodes:
Trump's tariff role model (Apple / Spotify)
Worst. Tariffs. Ever. (Apple / Spotify)

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.

NPR Topics: Business
Jun 04, 2025

Trump's tariffs could cut deficit by $2.8 trillion over next decade -- with caveats
The Congressional Budget Office projected President Trump's tariffs could raise trillions of dollars over the next decade — but they could also lead to higher inflation and slower economic growth.

NPR Topics: Business
Jun 04, 2025

Partisan battle lines form over Trump's plan to defund NPR & PBS
Senate Democrats warn Trump plan to wipe out public broadcasting funding will shut down stations, eliminate essential services. But House GOP scheduled to vote to clawback $1.1 billion next week.

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