
The Indicator from Planet Money
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A bite-sized show about big ideas. From the people who make Planet Money, The Indicator helps you make sense of what's happening in today's economy. It's a quick hit of insight into money, work, and business. Monday through Friday, in 10 minutes or less.
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In the U.S., we insure most everything we sell. So why not trees? Today on the show why trees aren't insured like other crops, and what it would take to get that insurance with extreme weather events on the rise. Related episodes: When insurers can't get insurance (Apple [https://podcasts.apple.com/us/podcast/the-indicator-from-planet-money/id1320118593?i=1000618021426] / Spotify [https://open.spotify.com/episode/4DX8I6eXgwkDJUrhixrZOI?si=51c4e22d846d4463]) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org [http://plus.npr.org/]. Fact-checking by Tyler Jones. Music by Drop Electric [https://dropelectric.bandcamp.com/]. Find us: TikTok [https://www.tiktok.com/@planetmoney], Instagram [https://www.instagram.com/planetmoney/], Facebook [https://www.facebook.com/planetmoney], Newsletter [https://www.npr.org/newsletter/money]. Learn more about sponsor message choices: podcastchoices.com/adchoices [https://podcastchoices.com/adchoices] NPR Privacy Policy [https://www.npr.org/about-npr/179878450/privacy-policy]

This episode was first published as a bonus episode for our Planet Money+ listeners. Today, we're making it available for everyone! U.S. aid helped Eswatini and Lesotho, two small countries in southern Africa, in their efforts to treat and curb the spread of HIV. Will President Trump's "America First" foreign policy threaten years of progress there against the virus? In this bonus episode, we're featuring an extended conversation between Darian Woods and Jon Cohen, senior correspondent with Science magazine. They talk about Jon's reporting trip to Eswatini and Lesotho in May and the early impacts he saw of the Trump administration's foreign aid cuts. We also hear about the critical role of PEPFAR (the U.S. President's Emergency Plan For AIDS Relief) in the global response to HIV/AIDS and some other things we couldn't fit into the original episode. You can read Jon's recent article in Science magazine here [https://www.science.org/content/article/u-s-aid-helped-two-african-countries-rein-hiv-then-came-trump]. To hear more bonus episodes like this, and get Planet Money and The Indicator without sponsor messages, support the show by signing up for Planet Money+. This summer, we're also giving Planet Money+ supporters early access to new episodes. Another reason to join! Sign up via Apple Podcasts or at plus.npr.org [http://plus.npr.org/]. Learn more about sponsor message choices: podcastchoices.com/adchoices [https://podcastchoices.com/adchoices] NPR Privacy Policy [https://www.npr.org/about-npr/179878450/privacy-policy]

The Trump administration's crackdown on immigrants might be the most profound change in the American labor market right now. Industries that rely on immigrant labor are especially vulnerable, as ICE continues to raid businesses believed to have unauthorized workers. Today on the show, we talk to representatives from the agriculture, construction and long-term care industries to ask: Are people still showing up to work? Related episodes: What's missing in the immigration debate [https://www.npr.org/2024/10/30/1211597499/indicator-immigration-investment-us-economy] Is the 'border crisis' actually a 'labor market crisis?' [https://www.npr.org/2024/06/11/1197965139/immigration-border-us-customs-and-protection-surge] For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org [http://plus.npr.org/]. Fact-checking by Sierra Juarez [https://www.npr.org/people/g-s1-26724/sierra-juarez]. Translation help by Ella Feldman. Music by Drop Electric [https://dropelectric.bandcamp.com/]. Find us: TikTok [https://www.tiktok.com/@planetmoney], Instagram [https://www.instagram.com/planetmoney/], Facebook [https://www.facebook.com/planetmoney], Newsletter [https://www.npr.org/newsletter/money]. Learn more about sponsor message choices: podcastchoices.com/adchoices [https://podcastchoices.com/adchoices] NPR Privacy Policy [https://www.npr.org/about-npr/179878450/privacy-policy]

We are back with another edition of listener questions! In this round, we tackle recession pop, why the job market feels so crummy for IT grads, and whether President Trump saying that Walmart "eat the tariffs" is a form of price control. Related episodes: Hits of the Dips: Songs of recessions past (Apple [https://podcasts.apple.com/us/podcast/the-indicator-from-planet-money/id1320118593?i=1000578088806] / Spotify [https://open.spotify.com/episode/0iIuSTgN5xiHygcePkYVYZ?si=caa261e8b0e64fe5]) The beef over price controls [https://www.npr.org/2022/01/12/1072558469/the-beef-over-price-controls] Price Controls, Black Markets, and Skimpflation: The WWII Battle Against Inflation [https://www.npr.org/sections/money/2022/02/08/1078035048/price-controls-black-markets-and-skimpflation-the-wwii-battle-against-inflation] For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org [http://plus.npr.org/]. Fact-checking by Sierra Juarez [https://www.npr.org/people/g-s1-26724/sierra-juarez]. Music by Drop Electric [https://dropelectric.bandcamp.com/]. Find us: TikTok [https://www.tiktok.com/@planetmoney], Instagram [https://www.instagram.com/planetmoney/], Facebook [https://www.facebook.com/planetmoney], Newsletter [https://www.npr.org/newsletter/money]. Learn more about sponsor message choices: podcastchoices.com/adchoices [https://podcastchoices.com/adchoices] NPR Privacy Policy [https://www.npr.org/about-npr/179878450/privacy-policy]

Over the past century, the world's human population has exploded from around 2 billion to 8 billion. Meanwhile, the average fertility rate has gradually declined. And if that trend continues as it has, we may soon see a crash in the population rate, which some argue could have disastrous effects. Today on the show, we talk to co-authors Michael Geruso and Dean Spears about their forthcoming book After the Spike: Population, Progress, and the Case for People [https://www.simonandschuster.com/books/After-the-Spike/Dean-Spears/9781668057339]. Together, they explain why you should care about declining fertility rates. Related episodes: Babies v climate change; AI v IP; bonds v world [https://www.npr.org/2025/06/27/1254874806/climate-change-anthropic-ai-llm-bond-market-san-francisco] For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org [http://plus.npr.org/]. Fact-checking by Sierra Juarez [https://www.npr.org/people/g-s1-26724/sierra-juarez]. Music by Drop Electric [https://dropelectric.bandcamp.com/]. Find us: TikTok [https://www.tiktok.com/@planetmoney], Instagram [https://www.instagram.com/planetmoney/], Facebook [https://www.facebook.com/planetmoney], Newsletter [https://www.npr.org/newsletter/money]. Learn more about sponsor message choices: podcastchoices.com/adchoices [https://podcastchoices.com/adchoices] NPR Privacy Policy [https://www.npr.org/about-npr/179878450/privacy-policy]

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