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Nov 20, 2024
If a judge orders Google to sell Chrome, it could dramatically upend the multi-billion-dollar online search business.
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Nov 20, 2024
If a judge orders Google to sell Chrome, it could dramatically upend the multibillion-dollar online search business.
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Nov 20, 2024
One of the world's richest people has been indicted on charges he duped investors in a massive solar energy project in India by concealing that it was being facilitated by an alleged bribery scheme.
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Nov 20, 2024
Former Washington Post executive editor Marty Baron says he thinks Trump is "salivating for the opportunity to prosecute and imprison journalists." New Yorker editor David Remnick agrees.
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Nov 20, 2024
Mass deportations. What would actually happen—economically—if the President-elect follows through on promises to deport millions of people from America.
We don't have to guess.
Today we have two stories from Planet Money's daily podcast, The Indicator. First, the story from another time the US cracked down on immigration with the expressed intent of helping the economy. We look at how that worked out. And then we distill 20 years of research on immigrants and economic growth. What does immigration do for an economy? What types of immigration help? And who benefits?
Our most recent newsletter goes into more depth on some of this. Part one of two here. Subscribe to our newsletter here.
This episode is hosted by Adrian Ma, Darian Woods, and Wailin Wong. These episodes of The Indicator were originally produced by Cooper Katz McKim and Julia Ritchey, and engineered by Kwesi Lee and Maggie Luthar. They were fact-checked by Angel Carreras and Sierra Juarez. Kate Concannon is The Indicator's Editor.
Help support Planet Money and hear our bonus episodes by subscribing to Planet Money in Apple Podcasts or at plus.npr.org/planetmoney.
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Nov 20, 2024
The agency is requiring Tom's to submit several documents, including assessments and remediation plans for its operations, contamination hazards, testing methods and more.
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Nov 20, 2024
There's been a lot of research showing how third spaces — a place that isn't the home nor the workplace — have brought communities together, even catalyzed revolutions. New research shows that coffee shops in particular could be key to sparking new businesses, too.
Today on the show, caffeine-fueled entrepreneurship. We go back a few decades for the story of how Magic Johnson partnered to build Starbucks cafes in Black and Latino neighborhoods, and how new research has shed light on how Magic's plan changed entrepreneurship in those communities.
Related Episodes:
Oil gluts, Russian bucks, and Starbucks
Magic Johnson on basketball, business, and being the face of HIV
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money via Apple Podcasts or at plus.npr.org.
Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.
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Nov 20, 2024
There's been a lot of research showing how third spaces — a place that isn't the home nor the workplace — have brought communities together, even catalyzed revolutions. New research shows that coffee shops in particular could be key to sparking new businesses, too.
Today on the show, caffeine-fueled entrepreneurship. We go back a few decades for the story of how Magic Johnson partnered to build Starbucks cafes in Black and Latino neighborhoods, and how new research has shed light on how Magic's plan changed entrepreneurship in those communities.
Related Episodes:
Oil gluts, Russian bucks, and Starbucks
Magic Johnson on basketball, business, and being the face of HIV
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money via Apple Podcasts or at plus.npr.org.
Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.
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Nov 19, 2024
Unlike other social media sites, Bluesky allows users to create their own algorithm. The site does not have ads, nor harvest data for artificial intelligence training. But it is still very small, and it does not make money.
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Nov 19, 2024
Unlike other social media sites, Bluesky allows users to create their own algorithm. The site does not have ads, nor harvest data for artificial intelligence training. But it is still very small, and it does not make money.
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Nov 19, 2024
President-elect Trump picked Lutnick, the CEO of investment bank Cantor Fitzgerald, to be his next Commerce Secretary.
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Nov 19, 2024
Events like the recent dock worker's strike and hurricanes sparked panic buying among American shoppers. Today, a logistics expert helps us craft a shopper's guide for how to navigate a supply chain crisis.
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money via Apple Podcasts or at plus.npr.org.
Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.
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Nov 19, 2024
Regulators have slowed the pace of Starship launches over environmental concerns, but that may be about to change.
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Nov 19, 2024
Chinese immigrants sacrificed to create America's first transcontinental railroad. Its completion may have contributed to a backlash that led to the first major immigration clampdown in U.S. history.
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Nov 19, 2024
A second Trump term might mean a lower tax bill, but it could have drastic consequences for the national budget. We take a look at the impact on taxes and Social Security.
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Nov 18, 2024
The Fox News host reached a settlement to resolve an accusation against him, but a recently released memo brought the issue back into the public eye.
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Nov 18, 2024
The Fox News host reached a settlement to resolve an accusation against him, but a recently released memo brought the issue back into the public eye.
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Nov 18, 2024
Spirit Airlines says it will continue flying as it files for Chapter 11 bankruptcy protection. Monday's announcement follows years of losses and a failed merger attempt for the low-cost carrier.
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Nov 18, 2024
SpaceX and Amazon are asking the Fifth Circuit Court of Appeals to find the National Labor Relations Board unconstitutional. The federal agency is tasked with enforcing workers' right to organize.
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Nov 18, 2024
There is a LOT of economic news happening at the moment (it all happens, so very much of it, all the time), so we wanted to give you an idea of what we here at The Indicator are keeping tabs on.
Today on the show, we look ahead to: countries coughing up money for climate change at COP29, how confident are home builders feeling right now, and ... is US manufacturing REALLY in decline?
Related Episodes:
A countdown to climate action
Why aren't more people taking on the trades?
Do polluters pay, or do they get paid?
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money via Apple Podcasts or at plus.npr.org.
Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.
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Nov 17, 2024
Grimmway Farms recalled an array of its organic whole and baby carrots over concerns of an E. coli outbreak. Recalled carrots were sold at retailers such as Walmart, Whole Foods and Trader Joe's.
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Nov 17, 2024
Carr was seen as a pretty conventional Republican with a pro-corporate outlook for most of his career. More recently, he has embraced Trumpian themes about social media, tech and television companies.
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Nov 17, 2024
Nearly two years ago, the owners of Atlanta's leading newspaper hired former CNN executive Andrew Morse to reverse its steep decline. He's laid out a grand vision.
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Nov 17, 2024
Today, we're sharing an episode of a podcast that we've enjoyed, and think you will, too! It's called The Economics of Everyday Things. It's made by the Freakonomics Radio Network and on each of its episodes, host Zachary Crockett uncovers the hidden stories behind ordinary things! Stock photos, girl scout cookies, and cashmere sweaters, you name it.
In this episode, you're about to hear Zachary crack the lid open on ... the humble pizza box.
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money via Apple Podcasts or at plus.npr.org.
Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.
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Nov 15, 2024
A federal judge in Texas has blocked a new rule from the Biden administration that would have expanded access to overtime pay to millions more salaried workers across the U.S.
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Nov 15, 2024
Ford is idling production of its F-150 Lightning, the latest in a series of announcements signaling a slower-than-expected transition to electric vehicles. What are other automakers planning?
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Nov 15, 2024
Laura Helmuth announced her resignation from the long-running magazine after her statements on election night regarding Trump sparked outrage among conservatives.
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Nov 15, 2024
Every ten years, a group of German farmers gather in the communal farm fields of the Osing for the Osingverlosung, a ritual dating back centuries. Osing refers to the area. And verlosung means "lottery," as in a land lottery. All of the land in this communal land is randomly reassigned to farmers who commit to farming it for the next decade.
Hundreds of years ago, a community in Germany came up with their own, unique solution for how to best allocate scarce resources. For this community, the lottery is a way to try and make the system of land allotment more fair and avoid conflict.
Today on the show, we go to the lottery and follow along as every farmer has a shot at getting the perfect piece of land — or the absolute worst piece of land! And we see what we can learn from this living, medieval tradition that tries to balance fairness and efficiency.
This episode was hosted by Erika Beras and Emma Peaslee. It was produced by Emma Peaslee. It was edited by Jess Jiang. Reporting help from Sofia Shchukina. It was fact checked by Sierra Juarez. It was engineered by Cena Loffredo. Alex Goldmark is Planet Money's executive producer.
Help support Planet Money and hear our bonus episodes by subscribing to Planet Money in Apple Podcasts or at plus.npr.org/planetmoney.
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Nov 15, 2024
Miners are believed to be suffering from a lack of food, water and other basic necessities after police closed off the entrances used to transport supplies.
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Nov 15, 2024
On Indicators of the Week, we cover our favorite numbers in the news. On this week's edition we cover Netflix's foray into live sports, the possible psychology behind the post-election cryptocurrency rally, and a struggling DNA company's fight for survival.
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money via Apple Podcasts or at plus.npr.org.
Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.
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Nov 14, 2024
Old loans that homeowners thought were long dead have been rising from the grave as debt buyers move to collect. Some are allegedly breaking the law. If this is happening to you, tell us your story.
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Nov 14, 2024
Ford is idling production of its F-150 Lightning, the latest in a series of announcements signaling a slower-than-expected transition to electric vehicles. What are other automakers planning?
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Nov 14, 2024
Nuclear energy hasn't been a growing industry in decades. But now, it seems to be making a comeback. This week, the Biden administration announced a goal to triple nuclear energy capacity in the US by 2050. And over the past few months, Amazon, Microsoft, and Google have all made deals to use nuclear energy to power their artificial intelligence appetites. Today on the show, could nuclear energy work differently this time?
Related episodes:
The debate at the heart of new electricity transmission (Apple / Spotify)
Wind boom, wind bust (Two windicators) (Apple / Spotify)
How China became solar royalty (Apple / Spotify)
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money via Apple Podcasts or at plus.npr.org.
Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.
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Nov 13, 2024
Inflation remains substantially lower than it did during its 2022 peak — but Americans are still frustrated with high prices.
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Nov 13, 2024
President-elect Donald Trump has vowed to "dismantle government bureaucracy," enlisting the help of billionaires to achieve his goals. Federal workers with memories of Trump's first term are scared.
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Nov 13, 2024
Live bidding will be private, and the future owner of Jones' company will be public once court papers are filed. The proceeds will go to pay Sandy Hook families who won defamation cases against Jones.
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Nov 13, 2024
This is the story behind one of the most valuable — and perhaps, most improbable — technologies humanity has ever created. It's a breakthrough called extreme ultraviolet lithography, and it's how the most advanced microchips in the world are made. The kind of chips powering the latest AI models. The kind of chips that the U.S. is desperately trying to keep out of the hands of China.
For years, few thought this technology was even possible. It still sounds like science fiction: A laser strong enough to blast holes in a bank vault hits a droplet of molten tin. The droplet explodes into a burst of extreme ultraviolet light. That precious light is funneled onto a wafer of silicon, where it etches circuits as fine as a strand of DNA. Only one company in the world that can make these advanced microchip etching machines: a Dutch firm called ASML.
Today on the show, how this breakthrough in advanced chipmaking happened — and how it almost didn't. How the long-shot idea was incubated in U.S. nuclear weapons laboratories and nurtured by U.S. tech giants. And, why a Dutch company now controls it.
This episode was hosted by Jeff Guo and Sally Helm. It was produced by Willa Rubin and edited by Jess Jiang. It was fact-checked by Dania Suleman, and engineered by Patrick Murray. Alex Goldmark is Planet Money's executive producer.
Help support Planet Money and hear our bonus episodes by subscribing to Planet Money in Apple Podcasts or at plus.npr.org/planetmoney.
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Nov 13, 2024
Major flooding events are increasingly common across the U.S., but homeowners looking for flood insurance will find few choices. The main providers of flood insurance is the U.S. government through the National Flood Insurance Program, or NFIP. But even though the NFIP is one of the only flood insurance games in town, it's drowning in debt. On today's episode, the NFIP's struggle to stay afloat.
Related listening:
Hazard maps: The curse of knowledge (Apple / Spotify)
When insurers can't get insurance
Flood money
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money via Apple Podcasts or at plus.npr.org.
Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.
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Nov 13, 2024
The shootings were part of a wave of violence that erupted as the country plagued by gang violence swore in its new prime minister after a politically tumultuous process.
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Nov 13, 2024
The shootings were part of a wave of violence that erupted as the country plagued by gang violence swore in its new prime minister after a politically tumultuous process.
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Nov 12, 2024
The original 2021 ruling ordered Shell to cut its carbon emissions by 45% by 2030 compared to 2019 levels. The appeals court said there is "insufficient consensus" on a specific reduction percentage.
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Nov 12, 2024
Voters really don't like inflation. In fact, whenever there's a sustained jump in the cost of living, the party in power often pays a price.
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Nov 12, 2024
Voters really don't like inflation. In fact, whenever there's a sustained jump in the cost of living, the party in power often pays a price.
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Nov 12, 2024
In a first-best world, we'd all save enough money and there'd be no scammers. In a second-best world, we'd all know how to protect ourselves.
That's what Sheila Bair thought, too. As former chair of the FDIC, she noticed many kids and adults weren't quite getting the education they needed. So, she decided to do something about it.
Today on the show: What Sheila Bair has learned about American capitalism as one of its top regulators and how she's trying — one book at a time — to help new generations from falling into its traps.
We learned about Sheila Bair's kids books from listener Erin Vetter. If you've come across anything that makes finance fun, email us! We're at indicator@npr.org.
Related Episodes:
Mailbag: Children Edition
Beach reads with a side of economics
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money via Apple Podcasts or at plus.npr.org.
Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.
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Nov 12, 2024
For a long time Tesla used its own kind of charger plug and had its own supercharger network. That once-exclusive network is opening up to other EV manufacturers.
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Nov 11, 2024
Israel's airlines are generating a windfall as international carriers cancel or limit flights due to security concerns. Flying in or out of Israel has become a logistical challenge since the war in Gaza erupted.
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Nov 11, 2024
The crypto industry was the largest corporate donor to this year's elections. Now it has a crypto-friendly president headed to the White House, while critics worry about the fallout for consumers.
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Nov 11, 2024
Mattel is pulling its Wicked dolls from some store shelves because of a misprint directing shoppers to a pornographic site. Meanwhile, resellers are listing the products on eBay for up to $500.
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Nov 11, 2024
The federal government has been tracking the weather for more than 150 years. Yet over the last few decades, the rise of the Internet and big tech have made weather forecasting a more crowded space. Today on the show: the value of an accurate forecast and the debate over who should control the data.
Related stories:
Hazard maps: The curse of knowledge (Apple / Spotify)
Should we invest more in weather forecasting?
After a year of deadly weather, cities look to private forecasters to save lives
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money via Apple Podcasts or at plus.npr.org.
Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.
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Nov 08, 2024
On the day after the election, Wall Street responded in a dramatic way. Some stocks went way up, others went way down. By reading those signals — by breaking down what people were buying and what they were selling — you can learn a lot about where the economy might be headed. Or at least, where people are willing to bet the economy is headed.
On today's show, we decode what Wall Street thinks about the next Trump presidency — what it means for different parts of the economy, and what it means for everyone. Does the wisdom of the market think President Trump will actually impose new tariffs and lift regulations? What about taxes and spending? And will inflation ultimately go up or down?
What markets bet President Trump will do. That's today's episode.
This episode was hosted by Jeff Guo, Sally Helm, Erika Beras, and Keith Romer. It was produced by Sam Yellowhorse Kesler and Willa Rubin. It was edited by Martina Castro and fact-checked by Sierra Juarez. Engineering by Gilly Moon. Alex Goldmark is Planet Money's executive producer.
Help support Planet Money and hear our bonus episodes by subscribing to Planet Money in Apple Podcasts or at plus.npr.org/planetmoney.
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Nov 08, 2024
It's ... Indicators of the Week! It's that time of week when we look at the most fascinating economic numbers from the news.
On today's episode: Election aftermath. Stocks jump, the temperamental Mexican peso, and which states are raising minimum wage.
Related Episodes:
Should We Raise The Minimum Wage?
America's economy is the envy of the world. Will it stay that way?
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Nov 07, 2024
Owner of this business says she's on a mission to show the richness and diversity of Latin American food, one empanada at a time
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Nov 07, 2024
Donald Trump's return to the White House will reverberate through trade, security and immigration in China and Mexico. NPR's John Ruwitch and Eyder Peralta take us to both key nations.
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Nov 07, 2024
This week, a powerful hurricane hit Cuba, causing nationwide electricity outages — right after a string of power failures that have plagued the country in recent months. These power outages are a low point for a country that has struggled economically for years and is experiencing mass emigration.
Today on the show, we explain why Cuba is struggling to keep the lights on and investigate the root causes of the Caribbean nation's dramatic fall.
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money via Apple Podcasts or at plus.npr.org.
Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.
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Nov 07, 2024
Economists and investors are expecting seismic and wide-ranging impacts from Donald Trump's second presidential term. A range of financial markets have already seen significant volatility this week.
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Nov 07, 2024
America grows so many apples that the government ends up buying large amounts because there's not enough demand from consumers and processors. The imbalance is driving some producers out of business.
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Nov 07, 2024
Voters in a handful of states, including pro-business red states, approved ballot measures aimed at helping workers and their families.
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Nov 07, 2024
The billionaire businessman has spent weeks campaigning relentlessly for Donald Trump. That dedication could lead to major benefits for him and his companies.
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Nov 07, 2024
The Federal Reserve cut interest rates by a quarter percentage point. How much further rates fall could depend on how President-elect Trump approaches his second term.
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Nov 07, 2024
Stocks are climbing on hopes that Donald Trump's election will boost economic growth. But bond prices are falling, on fears he'll add trillions of dollars to the federal debt.
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Nov 07, 2024
Stocks are climbing on hopes that Donald Trump's election will boost economic growth. But bond prices are falling, on fears he'll add trillions of dollars to the federal debt.
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Nov 07, 2024
Unanswered messages. Endless swiping. An opaque algorithm. The online dating backlash feels like it's reached a fever pitch. Hinge's CEO is trying to do something about it.
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Nov 07, 2024
Voters in a handful of states, including pro-business red states, approved ballot measures aimed at helping workers and their families.
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Nov 07, 2024
Voters in a handful of states, including pro-business red states, approved ballot measures aimed at helping workers and their families.
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Nov 07, 2024
Industry Minister François-Philippe Champagne said the decision to dissolve TikTok of its Canadian business is meant to address risks perceived to be related to TikTok's Chinese parent company.
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Nov 06, 2024
A federal administrative law judge says Amazon interfered in the last election on unionization at its warehouse in Bessemer, Ala.
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Nov 06, 2024
President-elect Trump has excelled at creating his own media image, from his earliest days as a real estate baron. His supporters find him entertaining and feisty, and even critics find it difficult not to talk about him.
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Nov 06, 2024
Donald Trump's victory in this year's election had a lot to do with how many Americans feel about the US economy (surprise: not good). But Simon Rabinovitch, US Economics Editor for The Economist, argues that, despite the turmoil of the past few years, America's economy remains the envy of the world. Today on the show, Simon explains why that is, but also why he believes a Trump presidency puts America's 'economic exceptionalism' at risk.
The envy of the World - The Economist
Related episodes:
How much do Presidents ACTUALLY influence the economy? (Apple / Spotify)
Why are some nations richer? (Apple / Spotify)
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money via Apple Podcasts or at plus.npr.org.
Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.
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Nov 06, 2024
Back in the 90s, the federal government ran a bold experiment, giving people vouchers to move out of high-poverty neighborhoods into low-poverty ones. They wanted to test if housing policy could be hope - whether an address change alone could improve jobs, earnings and education.
The answer to that seems obvious. But it did not at all turn out as they expected.
Years later, when new researchers went back to the data on this experiment, they stumbled on something big. Something that is changing housing policy across the country today.
Today's episode was originally hosted by Karen Duffin, produced by Aviva DeKornfeld, and edited by Bryant Urstadt. The update was hosted by Amanda Aronczyk, produced by Sean Saldana and fact checked by Sierra Juarez. Our supervising executive producer is Alex Goldmark.
Help support Planet Money and hear our bonus episodes by subscribing to Planet Money in Apple Podcasts or at plus.npr.org/planetmoney.
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Nov 06, 2024
A man of second acts, Marcus started Home Depot after getting fired from another retailer. He then became a philanthropist, a Republican megadonor and an evangelist of capitalism.
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Nov 06, 2024
Trump has promised to cut taxes and government regulations, slap tariffs on imports and order large deportations of immigrants. Here's how that could impact the economy.
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Nov 06, 2024
Some red states approved ballot measures to raise the minimum wage and require employers to provide paid sick time to their workers.
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Nov 06, 2024
Wall Street, crypto investors, and shareholders in Trump Media are all cheering the election results.
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Nov 06, 2024
Wall Street, crypto investors, and shareholders in Trump Media are all cheering the election results.
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Nov 06, 2024
Voters approved tax hikes to help fund child care for low-income families in the Austin, Texas, and Sonoma County, Calif. A similar measure in St. Paul, Minn., failed.
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Nov 05, 2024
It's the most important day of the year for the country ... The Beigie Awards! The Beigie Awards are back to recognize the regional Federal Reserve Bank with the best Beige Book entry. This time, we shine a spotlight on one entry that speaks to a logistics problem affecting farms in the midwest.
Related episodes:
Using anecdotes to predict recessions (Apple / Spotify)
The Beigie Awards: Why banks are going on a "loan diet" (Apple / Spotify)
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money via Apple Podcasts or at plus.npr.org.
Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.
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Nov 05, 2024
Tech platforms have stepped back from many of the more aggressive measures they took to curb the spread of election rumors and falsehoods four years ago. But some platforms still have safeguards.
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Nov 05, 2024
Political disagreements have sent workplace incivility to an all-time high this year, costing employers some $2 billion per day in lost productivity. Here's how to cut down on watercooler fights over today's election - and its aftermath.
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Nov 05, 2024
It's not only first-time home buyers who are taken aback by the country's high housing prices. Folks who sold their homes and are trying to buy one now are also feeling stuck.
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Nov 05, 2024
News organizations have spent months predicting a tight Election Day battle for the presidency -- the results could take days to call. TV news executives say they're ready.
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Nov 05, 2024
Striking machinists voted to approve an agreement that will hike wages by 38%. The deal was endorsed by union leaders, who warned that Boeing's next offer might be worse.
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Nov 04, 2024
For the second year in a row, the U.S. government is buying the largest quantity of apples in its history because there are not enough consumers and processors who want to buy them. Today on the show, an abundance of apples and why some apple growers are getting out of the game altogether.
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money via Apple Podcasts or at plus.npr.org.
Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.
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Nov 04, 2024
Union members will vote on Boeing's latest proposal. They have rejected two previous offers, but union leaders are backing this proposal to end the seven-week strike.
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Nov 03, 2024
What would a McDonald's be without its temperamental McFlurry machines? We may be closer to finding out.
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Nov 02, 2024
The casual dining chain, which saw dozens of its U.S. restaurants close this year, said its financial woes stem from the coronavirus pandemic.
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Nov 02, 2024
Ice cream machines at McDonald's famously break frequently. NPR's Scott Simon speaks to journalist Jason Koebler from 404 Media about a new exemption that allows third parties to fix them.
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Nov 01, 2024
Ray and Becky Queen live in rural Oklahoma with their kids (and chickens). The Queens were able to buy that home with a VA loan because of Ray's service in the Army. During COVID, the Queens - like millions of other Americans - needed help from emergency forbearance. They were told they could pause home payments for up to a year and then pick up again making affordable mortgage payments with no problems.
That's what happened for most American homeowners who took forbearance. But not for tens of thousands of military veterans like Ray Queen.
On today's show, we follow two reporters' journey to figure out what went wrong with the VA's loan forbearance program. How did something meant to help vets keep their houses during COVID end up stranding tens of thousands of them on the brink of foreclosure? And, once the error was spotted, did the government do enough to make things right?
Today's episode was produced by James Sneed. It was edited by Meg Cramer. And fact-checked by Dania Suleman. Engineering by Cena Loffredo. Alex Goldmark is Planet Money's executive producer.
Help support Planet Money and hear our bonus episodes by subscribing to Planet Money in Apple Podcasts or at plus.npr.org/planetmoney.
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Nov 01, 2024
The Bureau of Labor Statistics reported the unemployment rate remained steady at 4.1% and 12,000 jobs were added to the U.S. economy during October. It's a lower-than-expected jobs number, from a period that saw two significant hurricanes in the southeast and a strike from workers at Boeing. Today on the show, we explain the complexities of calculating the monthly job numbers, and why the Bureau of Labor Statistics can be trusted.
Related episodes:
Behind the scenes of Jobs Friday (Apple / Spotify)
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money via Apple Podcasts or at plus.npr.org.
Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.
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Nov 01, 2024
U.S. employers added just 12,000 jobs last month — but the number was depressed by a machinists' strike at Boeing and Hurricanes Helene and Milton.
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Nov 01, 2024
Vice President Kamala Harris and former President Donald Trump have both appealed to workers in this year's election. But the candidates' stances on many issues affecting workers remain far apart.
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Nov 01, 2024
Harris and Trump look toward undecided voters in Arizona and Nevada as a pathway to the White House. And, the U.S. economy sees solid growth.
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Nov 01, 2024
Voters consistently say the economy in a top issue in this year's presidential contest. And with just a few days of voting left, the U.S economy appears to be in good shape.
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Nov 01, 2024
Boeing's machinists union leaders are endorsing the company's latest contract offer, setting the stage for a vote on Monday that could end the seven week-long strike.
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Nov 01, 2024
Romance is one of the few profitable genres in the self-publishing industry. How romance writers turned e-books into a publishing juggernaut.
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Oct 31, 2024
Housing costs are a top issue for many voters. Former President Trump and Vice President Kamala Harris have proposed different ideas for addressing the country's housing woes.
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Oct 31, 2024
In 1880, the Chinese were the biggest group of immigrants in the western U.S. But Sinophobic sentiments crystallized into racist policies and eventually the Chinese Exclusion Act of 1882. The rationale was that banning Chinese laborers would boost job opportunities for U.S.-born workers. Today, an economist explains how the Chinese exclusion laws affected the economies of western states and what it says about our current debate over immigration and jobs.
Read the working paper co-authored by Nancy Qian.
A digital scan of the photo album in the California Historical Society's collections is available here.
For more on this period of history, check out At America's Gates: Chinese Immigration during the Exclusion Era, 1882-1943 by Erika Lee.
Related episodes:
What's missing in the immigration debate (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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Oct 31, 2024
Abortion is on the ballot in 10 states. The vote results will have consequences beyond women's reproductive rights.
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Oct 31, 2024
Film and TV production has been moving out of Los Angeles for the past few years. California Gov. Gavin Newsom has unveiled a proposal to reverse that trend, but industry leaders are still worried.
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Oct 31, 2024
Film and TV production has been moving out of Los Angeles for the past few years. California Gov. Gavin Newsom has unveiled a proposal to reverse that trend, but industry leaders are still worried.
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Oct 30, 2024
If you... exist in the world, it's likely that you have gotten a letter or email at some point informing you that your data was stolen. This happened recently to potentially hundreds of millions of people in a hack that targeted companies like Ticketmaster, AT&T, Advance Auto Parts and others that use the data cloud company Snowflake.
On today's show, we try to figure out where that stolen data ended up, how worried we should be about it, and what we're supposed to do when bad actors take our personal and private information. And: How our information is being bought, sold, and stolen.
This episode was hosted by Amanda Aronczyk and Keith Romer. It was produced by Sam Yellowhorse Kesler and edited by Meg Cramer. It was engineered by Ko Takasugi-Czernowin with an assist from Kwesi Lee, and fact-checked by Dania Suleman. Alex Goldmark is Planet Money's executive producer.
Help support Planet Money and hear our bonus episodes by subscribing to Planet Money in Apple Podcasts or at plus.npr.org/planetmoney.
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