Young people aren’t paying their car loans. We can help.

Young people aren’t paying their car loans. We can help.

About one in 20 car loans made to young people are in serious delinquency. That’s the highest rate since the global financial crisis. Today on the show, former FDIC chair Sheila Bair answers young listeners' car buying questions.  Sheila Bair’s book is How Not to Lose a Million Dollars: A Young Person's Guide to Avoiding the Tricks and Traps of Our Financial System [https://bookshop.org/p/books/how-not-to-lose-a-million-dollars-sheila-bair/7dd0705caf3afd1d?ean=9780807533512]  Fact checking by Sierra Juarez [https://www.npr.org/people/1268825622/sierra-juarez].  Your Next Listen  — Why this former banking regulator is writing kids books [http://lnk.to/p9uEtP]  Connect with The Indicator — Sign up for The Indicator’s brand new newsletter [https://npr.org/indicatornewsletter]  — Find our socials, YouTube and more [https://linktr.ee/indicator_npr]! — For sponsor-free episodes, subscribe to NPR+ [https://plus.npr.org/] See pcm.adswizz.com [https://pcm.adswizz.com] for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences. NPR Privacy Policy [https://www.npr.org/about-npr/179878450/privacy-policy]

SK Hynix to the moon, Gen-Z to their rooms, and Connecticut tax reform looms

It’s Indicators of the Week (now on YouTube [https://www.youtube.com/@planetmoney]!).  On today’s episode: You could’ve septupled your money if you invested in this scalding-hot South Korean memory chip stock; nearly half of all adults under 30 are moving back in with the ‘rents; and a new democracy is born … in Connecticut.   Fact checking by Julia Ritchey and Corey Bridges.  Your Next Listen  — Why Americans don't want to move for jobs anymore (Encore) [http://lnk.to/GP124T] Connect with The Indicator — Sign up for The Indicator’s brand new newsletter [https://npr.org/indicatornewsletter]  — Find our socials, YouTube and more [https://linktr.ee/indicator_npr]! — For sponsor-free episodes, subscribe to NPR+ [https://plus.npr.org/] See pcm.adswizz.com [https://pcm.adswizz.com] for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences. NPR Privacy Policy [https://www.npr.org/about-npr/179878450/privacy-policy]

Why Google fell behind in the AI race

When it comes to AI, Google’s Gemini does not have the same household recognition that Claude and ChatGPT do. One big explanation: the innovator’s dilemma. We explain how Google DeepMind CEO Demis Hassabis is trying to fight a lumbering company’s constraints to build AI superintelligence.  Sebastian Mallaby’s book is The Infinity Machine: Demis Hassabis, DeepMind, and the Quest for Superintelligence [https://www.penguinrandomhouse.com/books/752231/the-infinity-machine-by-sebastian-mallaby/]  Fact checking by Sierra Juarez [https://www.npr.org/people/1268825622/sierra-juarez].  Your Next Listen  — The inventor’s dilemma [https://www.npr.org/2023/05/31/1179235807/the-inventors-dilemma]  Connect with The Indicator  — Sign up for The Indicator’s brand new newsletter [https://npr.org/indicatornewsletter]  — Buy the Planet Money book [https://lnk.to/i3AukBdDWE]  — Find our socials, YouTube and more [https://linktr.ee/indicator_npr]! — For sponsor-free episodes, subscribe to NPR+ [https://plus.npr.org/] See pcm.adswizz.com [https://pcm.adswizz.com] for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences. NPR Privacy Policy [https://www.npr.org/about-npr/179878450/privacy-policy]

Cracking down on egg prices

Too much news, there’s just too much news. Today on the show, we tackle three big stories we’re following: Venezuela’s ever-increasing debt problem, the real story behind high egg prices, and how gaming companies are paying the pied piper. Fact checking by Sierra Juarez [https://www.npr.org/people/1268825622/sierra-juarez].  Your Next Listen  — What the cluck is happening with egg prices? [https://lnk.to/KMOMshWE] Connect with The Indicator — Sign up for The Indicator’s brand new newsletter [https://npr.org/indicatornewsletter]  — Buy the Planet Money book [https://lnk.to/i3AukBdDWE]  — Find our socials, YouTube and more [https://linktr.ee/indicator_npr]! — For sponsor-free episodes, subscribe to NPR+ [https://plus.npr.org/] See pcm.adswizz.com [https://pcm.adswizz.com] for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences. NPR Privacy Policy [https://www.npr.org/about-npr/179878450/privacy-policy]

We're in a renter's market (believe it or not)

Depends on where you live, but renters have a lot of power right now in the United States. What’s behind this trend and how might you be able to take advantage of the renters’ market at your next lease renewal. Fact checking by Sierra Juarez [https://www.npr.org/people/1268825622/sierra-juarez]. Your Next Listen  — Corporate landlords aren't the real villain [http://lnk.to/D5bJ85] Connect with The Indicator — Sign up for The Indicator’s brand new newsletter [https://npr.org/indicatornewsletter] — Buy the Planet Money book [https://lnk.to/i3AukBdDWE] — Find our socials, YouTube and more [https://linktr.ee/indicator_npr]! — For sponsor-free episodes, subscribe to NPR+ [https://plus.npr.org/] See pcm.adswizz.com [https://pcm.adswizz.com] for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences. NPR Privacy Policy [https://www.npr.org/about-npr/179878450/privacy-policy]