The Indicator from Planet Money

Live from London, it’s Saturday Night? Saturday Night Live made its UK debut over the weekend after a well-hyped promotional campaign. Will this all-American sketch show translate to British audiences? We examine SNL’s multi-million dollar gamble. 

Come see Planet Money live on stage in April! 12 cities. Details and tix here: https://tix.to/pm-book-tour. 

Related episodes: 
Why Paramount went looney tunes for Warner Bros.  

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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It’s Indicators of the Week (now on YouTube!). It’s our weekly look at some of the most fascinating economic numbers from the news. 

On today’s episode: The Trump administration cracks down on immigrant truck drivers, Poland becomes a top-twenty economy, and the booming business of … ant smuggling? 

Related episodes: 
A trucker, a farmer, and an entrepreneur walk into a global supply shock 
You Could Always Go To Poland 
The little pet fish that saved a town in the Amazon 

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

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Iran is using an affordable strategy to even the playing field in the war with the U.S. It’s using drones that cost in the thousands of dollars to combat American missiles that cost several million. Military analysts have already signaled concern about the U.S. producing enough munitions, and this isn’t helping. Today on the show, why the U.S. spends so much on munitions and what it’s learning from Iran. 

Come see Planet Money live on stage in April! 12 cities. Details and tix here: https://tix.to/pm-book-tour. 

Related episodes:
Are we overpaying for military equipment?
Can Just-In-Time handle a new era of war? 
A trucker, a farmer, and an entrepreneur walk into a global supply shock 
Are we overpaying for military equipment?

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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It’s really hard to estimate the total cost of war in the middle of one. Over the first six days of the Iran war, an estimated $11.3 billion was charged to the public purse. But long-term costs take years to manifest. Even daily costs are fuzzy. Take munitions: the Department of Defense hasn’t budgeted for  many of the bombs it's dropping. One more time. The bombs – the bombs! – are not totally priced in.

On today’s show, estimating the cost of the Iran war right now. And how healthcare, disability benefits, environmental costs and interest payments could add to its future price tag.

Come see Planet Money live on stage in April! Twelve cities. Details and tix here: https://tix.to/pm-book-tour. 

Related episodes: 
A trucker, a farmer, and an entrepreneur walk into a global supply shock
A lot of gas trapped, oil reserves tapped, and Live Nation gets a (tiny) cap

Will Trump’s shipping insurance plan work?
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.

See pcm.adswizz.com for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences.

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The U.S. and Israel war with Iran is causing a shock to the economic system. Gas prices are higher, diesel too, and even fertilizer is being affected. Today on the show, we speak to three people about the economic ripple effects of the conflict: a truck driver, an Iowa corn farmer, and a manufacturer of an alternative to plastics.

Come see Planet Money live on stage in April! 12 cities. Details and tix here: https://tix.to/pm-book-tour. 

Related episodes:
A lot of gas trapped, oil reserves tapped, and Live Nation gets a (tiny) cap
Will Trump’s shipping insurance plan work? 
How Iran’s flagging economy inflamed its protests 

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.  

See pcm.adswizz.com for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences.

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If you were in the business of making a bunch of money in 2026, you probably wouldn’t pick journalism. From social media to AI, the attention economy has upended the economic calculus for delivering news. But some entrepreneurs are looking to buck the trend.

Today on the show, we examine what the success of two startups could mean for the future of journalism.

Come see Planet Money live on stage in April! 12 cities. Details and tix here: https://tix.to/pm-book-tour. 

Related episodes: 
A brief history of NPR funding 

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.

See pcm.adswizz.com for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences.

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It’s  Indicators of the Week (now on YouTube!), our weekly look at some of the most fascinating economic numbers from the news. 

On today’s episode: How big is this gas crisis  and could releasing oil reserves help? Also, Live Nation gets a deal from the government.  

Related episodes: 
Are concert tickets UNDER priced? 
Will Trump’s shipping insurance plan work? 

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

See pcm.adswizz.com for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences.

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At a dinner in 2010, physicist Sean Carroll is handed a phone. On the other end: A wealthy patron looking to potentially fund his research. Months later came an invite to a conference. It would take place on an island. The caller was Jeffrey Epstein. Sean declined. Many others didn’t.

On today’s show, why did so many academics say yes to Epstein’s invites and money? And what Epstein’s ability to ingratiate himself with them reveals about how science research is funded.  

Come see Planet Money live on stage in April! Twelve cities. Details and tix here: https://tix.to/pm-book-tour. 

Related episodes: 
What an Epstein recording reveals about how elites get jobs
American science brain drain

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.  

See pcm.adswizz.com for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences.

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During the pandemic, mostly unregulated lenders went after struggling restaurants and music venues, charging at times sky high rates. Now, they’ve found a new market: small businesses that desperately need cash to pay tariffs.

Today on the show, the story of a financial lifeline that can turn into a financial choke hold.

Come see Planet Money live on stage in April! 12 cities. Details and tix here: https://tix.to/pm-book-tour. 

Related episodes: 
Can I get my tariff money back now? 
Three ways companies are getting around tariffs 

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.  

See pcm.adswizz.com for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences.

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More than a thousand ships are stranded outside the Strait of Hormuz, bobbing in the water. A big reason? Insurance. War insurance premiums have skyrocketed since the war with Iran began. It’s an add-on that covers things regular insurance doesn’t, like missile strikes. And shippers don’t want to foot the bill or put their crews at risk. Cue the traffic jam. 

On today’s show, how a critical trade chokepoint became the parking lot of the sea. And taking stock of President Trump’s plan to offer reinsurance to get these ships sailing again.

Related episodes: 
How the 'shadow fleet' helps Russia skirt sanctions
Will Iran block the Strait of Hormuz? 

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.  

See pcm.adswizz.com for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences.

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