Wanna see a trick? Give us any topic and we can tie it back to the economy. At Planet Money, we explore the forces that shape our lives and bring you along for the ride. Don't just understand the economy β understand the world.
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It's getting pretty wild in the beverage aisle these days β from the rainbow wall of seltzers, to the increasingly strange flavors of Pepsi, to the new "functional" sodas with added fiber or supplements that supposedly offer health benefits. Where are all these new drinks coming from? And why does it seem like the options are multiplying faster than ever?
Today on the show, we go behind the scenes at one of the nationβs top-secret beverage laboratories. The food scientists in this lab have quietly helped companies design many of the new drinks on the shelves these days. We taste things we have never tasted before, including aΒ sports hydration β¦ broth? We learn what a strawberry has in common with a block of cheese. And we discover why the business of beverages will never be the same again.Β
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This episode of Planet Money was hosted by Jeff Guo. It was produced by James Sneed and Sam Yellowhorse Kesler, and edited by Jess Jiang. Vito Emanuel is our fact-checker, and Kwesi Lee engineered the show. Alex Goldmark is the executive producer of Planet Money.
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Very soon, Social Security may not have enough money to make full payments to retirees. Very soon. Like by 2032, just six years from now. So what are we gonna do about it?Β
Today on the show, we look at some of the most talked about possible solutions; and exactly whose wallets weβll have to rifle through to find the money to pay for each. Then weβll run the options by the Social Security Administration's former Chief Actuary. The guy Congress used to call to crunch numbers and give them the bottom line.Β
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This episode of Planet Money was hosted by Erika Beras and Jeff Guo, it was produced by James Sneed, and edited by Marianne McCune. Sierra Juarez is our fact-checker, and Annlie Huang & Robert Rodriguez engineered the show. Alex Goldmark is the executive producer of Planet Money. See for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences.
Middlegarchs are the new Oligarchs
Friday, September 25, 2026 β’ Duration 30:43
Wanna know who is really in the top 1%? And how they use their influence? It may not be who you think.
Look beyond Silicon Valley. Look beyond Wall Street. Look beyond the βoligarchsβ. There's a much larger class of wealthy Americans hiding in plain sight. And, often, they got rich in mundane ways. They own car dealerships. They sell hot dogs and frozen mini-quiches. They run waxing salons. They supply fabricated metal and urinal cakes. They are dentists.
Collectively, these "Main Street millionaires" control much more wealth than the billionaire lightning rods who launch rockets into space, appear on manosphere podcasts, and have Hollywood movies made about them. Many of these millionaires have also grown rich enough to afford superyachts, 10,000-square-foot homes, and pet tigers.Β
At the center of their story is a quiet revolution in the American economy: the rise of a particular kind of private business. On todayβs show, how did the power of the βstealthy wealthyβ millionaires come to rival that of the billionaire oligarchs? And, how are they shaping policies that lower their taxes and raise your prices?
Support public media with NPR+ and enjoy perks for over 25 podcasts like this one. This showβs perks include bonus episodes and sponsor-free listening. Learn more atPlanet MoneyβSee for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences.
Is our national debt finally too much? (update)
Wednesday, September 23, 2026 β’ Duration 29:49
(Note: A version of this episode originally ran in 2024.)
$40,000,000,000,000. Four commas. Thirteen zeroes. Itβs an eye-popping, almost infinite-sounding pile of money. And every time the debt passes a big round number, almost everyone asks the same question: How much debt is too much?
Itβs maybe the most important question in macroeconomics. Itβs also surprisingly hard to answer. When two economists tried to answer it back in 2010, it ignited a research slugfest that lasted a decade.Β
We did a show on this question in 2024, outlining everything we know and donβt know about when the national debt becomes a problem. But a lot has changed. Interest rates have risen and stayed high. Spending has steamrolled ahead. Doves have become hawks.Β
So on todayβs show, we update our 2024 episode to revisit the age-old question: Is our debt finally too much?Β
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The Dominoβs Pizza Tracker Theory of Everything
Friday, September 18, 2026 β’ Duration 32:22
Did a pizza restaurantβs humble status page change how we wait forever?Β
When you order a Lyft or Uber, you get texts every few minutes about your car approaching and arriving. When you have a package coming, you get a notification when itβs shipped, when itβs en route, and when itβs out for delivery. Why do so many companies send these constant updates?
We have a theory: Itβs because of Dominoβs. In 2008, Dominoβs launched the Pizza Tracker, a novel tool that delighted customers by allowing them to obsessively monitor their pizzaβs progress from order to oven to delivery. The Pizza Tracker became a canonical model for other companies trying to improve their customersβ experiences of waiting for all kinds of products and services. And now? Pizza Trackers are everywhere.Β
On todayβs show: how the Dominoβs Pizza Tracker shaped the internet, and how trackers went from transparently sharing information with consumers to β in some cases β actively deceiving us.Β
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How investing is getting riskier (Two Indicators)
Wednesday, September 16, 2026 β’ Duration 18:05
Margin borrowing and sports gambling βinvestmentsβ are both on the rise! Today on the show, two stories from Planet Moneyβs daily podcast The Indicator about the ways investing is changing, and getting riskier.
According to one study, more than half of Gen Zers are using investment dollars for sports gambling. On average, this is not a smart strategy for the long term. It might be that sports betting today is like day trading was for a previous generation of young investors: something a lot of young people, typically men, do, lose money at for a while, then quit. We review the early research on this trend and meet a state legislator proposing ways to stem problem gambling.
More, generally younger people are also investing with borrowed money. Trading on margin is at an all time high of over $1.5 trillion. In the past, high levels of margin investing have led to crashes. We hear those stories and find out what the Fed might do to reign in the risk.Β
Connect with Planet Money & The Indicator β Sign up for The Indicatorβs weekly link round up newsletter! β Sign up for Planet Moneyβs weekly longform newsletter! β Buy the Planet Money bookβ Find our !β For sponsor-free episodes, Β Support public media with NPR+ and enjoy perks for over 25 podcasts like this one. This showβs perks include bonus episodes and sponsor-free listening. Learn more at .See for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences.
The loan at the heart of a new foreclosure crisis
Friday, September 11, 2026 β’ Duration 29:09
There is a new type of loan that is sweeping through the country right now. Itβs advertised as a super quick and super easy way to get a mortgage to buy a home. In recent years, Wall Street has been funneling billions of dollars into these loans.Β
But these loans are also raising questions. Are they a financial innovation thatβs helping the housing market? Or ... a sign that Wall Street might be forgetting the mistakes that led to the Global Financial Crisis?Β
On todayβs show, we head to Baltimore, where abandoned rowhomes have become a familiar sight. Reporters Hallie Miller, Jack Bologna and Sahana Jayaraman from The Baltimore Banner have been following this new loan as itβs been bringing millions of dollars into some of Baltimore's most distressed neighborhoods.Β
But, a few years ago, two local landlords quickly and quietly amassed what might be one of the largest private real estate portfolios in Baltimore: Over 700 homes and $100 million dollars in borrowed cash. Using this hot new loan. And then they tried to disappear. We talk with the Banner reporters about what they found at the heart of this mystery, and why it might have implications for the rest of the country.Β
Cost-cutting, quiet guilt and the inflation generation
Wednesday, September 9, 2026 β’ Duration 24:06
In this economy it is boom times and doom times all at once. The statistics arenβt really capturing it. K-shaped only goes so far as a metaphor. So β¦ we asked you to help. And you delivered!Β
One one hand, the stock market is on a prolonged, upward trajectory. Unemployment is low and inflation has come down from its peak. But on the other hand, inflation is frustratingly sticky and higher than we want, job turnover is extremely low making looking for work an endless grind, and more than 75% of Americans say theyβre stressed about money.Β
So we asked you β our listeners β how is the economy working for you? We got a range of responses. Some people are going to great lengths to save money and make ends meet, others are thriving and feel kind of guilty about their good fortune. We also heard from a new generation being shaped by this economic moment into hyper cost-conscious shoppers. You might call them the inflation generation. Each story helps us understand whatβs actually going on in the economy and what the stats arenβt capturing.Β
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Trump drinks Venezuelaβs milkshake
Saturday, September 5, 2026 β’ Duration 25:27
One week ago, President Trump announced a deal that would give the βU.S. control of more than 65 BILLION BARRELS of proven Oil Reserves in Venezuela, at no cost to the American Taxpayer.β
The exact nature of this deal has been β¦ obscure, to say the least. But today, we wanted to know, from someone whoβs been through this before, what does this mean for Venezuela?
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Love in the time of Palantir
Wednesday, September 2, 2026 β’ Duration 25:47
To a lot of people, Palantir is a mystery β what does the company know, what data do they have, and (if they have it) what do they do with it all? We dig into that mystery and take you to a singles event to see if Big Data is good for Big Dating.
That event, deep in the heart of Manhattan, is called: βSingles Dating Matching Using Palantir Data.β The evening promised: βData analysis!β and βPattern matching!β We decided that we needed to know more.Β
Support public media with NPR+ and enjoy perks for over 25 podcasts like this one. This showβs perks include bonus episodes and sponsor-free listening. Learn more at plus.npr.org.
This episode was hosted by Amanda Aronczyk, produced by Sam Yellowhorse Kesler and edited by Jess Jiang. It was engineered by Cena Loffredo and Maggie Luthar and fact-checked by Sierra Juarez. Alex Goldmark is Planet Moneyβs executive producer.
Music: Universal Production Music - "Silvanaβs Theme," "Masseria Del Sud," Sunset in Florence," and "An Italian Romance"See for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences.
This episode was hosted by Greg Rosalsky and Sarah Gonzalez. It was produced by Emma Peaslee. It was edited by Marianne McCune with fact checking help from Sierra Juarez. It was engineered by Kwesi Lee. Alex Goldmark is
s executive producer.Β
Music: NPR Source Audio - "Collectible Kicks," "Blazed and Emboldened," and "Arturoβs Revenge
Our original episode was produced by Willa Rubin and edited by Molly Messick. This update was reported and produced by Vito Emanuel. It was fact checked by Sierra Juarez. It was engineered by Kwesi Lee. And it was edited by Alex Goldmark,
This episode was hosted by Nick Fountain and Alex Mayyasi. It was produced by Sam Yellowhorse Kesler, edited by Liza Yeager, fact-checked by Sierra Juarez and engineered by Cena Loffredo and Jimmy Keeley. Alex Goldmark is Planet Moneyβs executive producer.
Support public media with NPR+ and enjoy perks for over 25 podcasts like this one. This showβs perks include bonus episodes and sponsor-free listening. Learn more at
Support public media with NPR+ and enjoy perks for over 25 podcasts like this one. This showβs perks include bonus episodes and sponsor-free listening. Learn more at
These episodes of The Indicator from Planet Money were produced by Corey Bridges and Cooper Katz-McKim. They were engineered by Travis Hagan and Cena Loffredo, and fact-checked by Sierra Juarez. They were edited by Julia Ritchey and Kate Concannon.Β
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This episode was hosted by Jeff Guo. It was produced by Sam Yellowhorse Kesler and edited by Jess Jiang. It was fact-checked by Sierra Juarez and engineered by Travis Hagen. Alex Goldmark is
βs executive producer.Β
Music: Universal Production Music - "Slick Groove," "Seven Secrets," and "Jazz Move"
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This episode of Planet Money was produced by Emma Peaslee and edited by Alex Goldmark. Reporting help from Charlotte Isidore. It was fact checked by Sierra Juarez, and engineered by Robert Rodriguez. Special thanks to all our listeners and all of you who wrote in to let us know how youβre doing.Β
Music: NPR Source AudioΒ - "What I Need," "Feel the Love," and "Red Line"
Support public media with NPR+ and enjoy perks for over 25 podcasts like this one. This showβs perks include bonus episodes and sponsor-free listening. Learn more at
This episode was hosted by Nick Fountain and Erika Beras and produced by Emma Peaslee with help from Sam Yellowhorse Kesler. It was edited by Marianne McCune. It was fact checked by Emma Peaslee with help from Sierra Juarez. It was engineered by Josephine Nyounai with help from Jimmy Keeley. Alex Goldmark is