For decades, the Dominican Republic's economy has been growing at a remarkably steady pace. The Caribbean nation of 11 million people is today considered a middle-income nation, but the International Monetary Fund projects it could become an advanced economy within the next 40 years.
Today on the show, we uncover the reasons behind the Dominican Republic's economic success and whether or not these benefits are being felt widely in the country.
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
The latest inflation numbers are in. This month's Consumer Price Index, or the CPI, is ... well, good and bad news for renters. Shelter prices went up over the last year, but at a slower pace. Shelter makes up nearly a third of the CPI. Today's episode: Rent. Where is it high? Where is it low? What exactly is "coffee milk"? The Indicator tours the U.S. to bring you the answers.
In the past few months, the price of gold has gone way up – even hitting a new high last month at just over $2,400 per troy ounce.
Gold has long had a shiny quality to it, literally and in the marketplace. And we wondered, why is that?
Today on the show, we revisit a Planet Money classic episode: Why Gold? Jacob Goldstein and David Kestenbaum will peruse the periodic table of the elements with one goal in mind: to learn which element would really make the best money.
This classic Planet Money episode was part of the Planet Money Buys Gold series, and was hosted by Jacob Goldstein and David Kestenbaum.
This rerun was hosted by Sally Helm, produced by Willa Rubin, edited by Keith Romer, and fact-checked by Sierra Juarez. Alex Goldmark is our executive producer.
When June Carbone, Naomi Cahn and Nancy Levit set out to write a book about women in the workforce, they initially thought it would be a story all about women's march towards workplace equality. But when they looked at the data, they found something more disturbing: of the ways in which women's push toward workplace equality has actually been stalled for years.
In today's episode, law professor June Carbone argues that the root of the problem lies in something they call the "winner take all" approach to business. That's the thesis of their new book, "Fair Shake: Women & the Fight to Build a Just Economy".
Related episodes: What would it take to fix retirement? (Apple / Spotify)
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
AI can conjure the voice or likeness of a dead celebrity with just a few clicks. This opens a host of legal questions about the rights of the deceased and their heirs to control their digital replicas
Advancements in cryptocurrency networks are sparking conversations about the potential for Central Bank Digital Currencies, or CBDCs for short. Advocates for CBDCs think they would provide security and unlock more efficient fiscal policy actions. However, opponents believe they would provide a shortcut for government interference and the erosion of privacy.
Today on the show, we'll dive deep into the world of CBDCs and pose the question if countries actually need them at all.
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
Karen MacDonough of Quincy, Mass., was enjoying her tea one morning in the dining room when she sees something odd outside of her window: A group of people gathering on her lawn. A man with a clipboard tells her that her home no longer belongs to her. It didn't matter that she'd been paying her mortgage for 17 years, and was current on it. She was a nurse with a good job and had raised her kids here. But this was a foreclosure sale, and she was going to lose her house.
Karen had fallen victim to what's called a zombie second mortgage. Homeowners think these loans are long dead. But then the loans come back to life because they get bought up, sometimes for pennies on the dollar, by debt collectors who then move to collect and foreclose on people's homes.
On today's episode: An NPR investigation reveals the practice to be widespread. Also, what are zombie mortgages? Is all this legal? And is there any way for homeowners to fight the zombies?
This episode was hosted by Chris Arnold and Robert Smith. It was produced by Sam Yellowhorse Kesler. It was edited by Jess Jiang with help from Bob Little. And it was fact-checked by Sierra Juarez. Engineering by Robert Rodriguez with an assist from Patrick Murray. Alex Goldmark is Planet Money's executive producer.
According to a government report released this week, Congress has until 2033 to fix Social Security before retirees receive an automatic benefit cut of about 21%. This is a more optimistic estimate from a previous report that stated the Social Security Trust Fund would run dry sooner, but it still paints a grim picture for a program that millions of retirees rely on.
Today, NPR's Chief Economics Correspondent joins the show to explain what exactly lawmakers can do to fix Social Security and why proposed solutions might be easier said than done.
Related episodes: What would it take to fix retirement? (Apple / Spotify)
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
Why do video game workers offer labor at a discount? How can you design a video game for blind and sighted players? Does that design have lessons for other industries?
These and other questions about the business of video games answered in todays episode. The Indicator just wrapped a weeklong series decoding the economics of the video game industry, we're excerpting some highlights.
First, we meet some of the workers who are struggling with the heavy demands placed on them in their booming industry, and how they are fighting back.
Then, we check in on how game developers are pulling in new audiences by creatively designing for people who couldn't always play. How has accessibility become an increasingly important priority for game developers? And, how can more players join in the fun?
You can hear the rest of our weeklong series on the gaming industry at this link, or wherever you get your podcasts.
This episode was hosted by Wailin Wong, Darian Woods, and Adrian Ma. Corey Bridges produced this episode with help from James Sneed. It was edited by Kate Concannon, fact-checked by Sierra Juarez, and engineered by Robert Rodriguez with help from Valentina Rodríguez Sánchez. Alex Goldmark is Planet Money's executive producer.
Back in 2019, The Indicator started checking in on with a Venezuelan economist Gabriela Saade. The economy was in freefall. The country was suffering from hyperinflation and a huge jump in poverty. Today, the U.S. faces a spike in migrants at the U.S.-Mexico border, many from Venezuela. So we check back in with Gabriela. Venezuela is due to go to the polls in July. We ask Gabriela and two other Venezuelans: what are economic conditions like at the moment? How has life changed since the pandemic? Some of the answers surprised us.
What happens when small town politics collide with the climate crisis? And how do hazard maps—maps that show which homes in your neighborhood are at risk of getting destroyed or damaged by a natural disaster—come into play? On today's episode, how some people—from Indiana to Oregon to Alaska—are facing some very real concerns about insurance and the ability to sell their houses.
In Western Colorado, towns and farms are banding together to pay a hundred million dollars for water they don't intend to use. Today on the show, how scarcity, climate change and a first-dibs system of water management is forcing towns, farms and rural residents to get spendy.
College campuses nationwide are erupting with protests against Israel's war on Hamas in Gaza. A consistent theme among these actions: a call for university endowment "divestment."
Today, we unpack what that means and how divestment would work. Plus, we hear from an expert who explains why divestment might not have the effect that many believe.
Related episodes: Why Israel uses diaspora bonds (Apple / Spotify) How much of your tax dollars are going to Israel and Ukraine (Apple / Spotify)
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
It's Jobs Friday and the jobs report is in! There's more jobs! ... but not as many as expected. And there's a teensy bit more unemployment and slower wage growth. But there's an upside ... Plus, healthcare is growing like gangbusters and how immigrants affect American-born workers.
