The Indicator from Planet Money - This indicator hasn’t flashed this red since the dot-com bubble

The “Shiller PE Ratio” is at its highest level since November of 1999. That was at the peak of the online gold rush right before the dot com bubble burst in 2000. Today on the show, we learn what the Shiller PE Ratio is, how it works and whether we should be worried that it’s relatively high right now.

Related episodes: 
What’s a Bubble?
Zombie 2nd mortgages are coming to life, threatening thousands of Americans' homes

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 Tyler Jones. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter

Learn more about sponsor message choices: podcastchoices.com/adchoices

NPR Privacy Policy

What Next | Daily News and Analysis - Trump’s Tariffs Have a Constitution Problem

Trump’s tariffs went before the Supreme Court this week and even the extremely accommodating Roberts court was having trouble seeing how the president’s vast and capricious application of tariffs is constitutional. But that doesn’t mean they’re going away.

Guest: Justin Wolfers, economist and professor at the University of Michigan.

Want more What Next? Subscribe to Slate Plus to access ad-free listening to the whole What Next family and across all your favorite Slate podcasts. Subscribe today on Apple Podcasts by clicking “Try Free” at the top of our show page. Sign up now at slate.com/whatnextplus to get access wherever you listen.

Podcast production by Elena Schwartz, Paige Osburn, Anna Phillips, Madeline Ducharme, and Rob Gunther.

Learn more about your ad choices. Visit megaphone.fm/adchoices

NPR's Book of the Day - These previously unpublished Harper Lee stories were discovered in her NYC apartment

After Harper Lee’s death in 2016, previously unpublished writing was discovered in her New York City apartment. The Land of Sweet Forever includes eight new short stories from the Pulitzer Prize-winning author. Lee wrote them a decade prior to To Kill a Mockingbird and some of the stories include early versions of Atticus and Scout, the characters who made her famous. In today’s episode, Here & Now’s Peter O’Dowd interviews The New Yorker’s Casey Cep, who edited the collection.


To listen to Book of the Day sponsor-free and support NPR's book coverage, sign up for Book of the Day+ at plus.npr.org/bookoftheday

Learn more about sponsor message choices: podcastchoices.com/adchoices

NPR Privacy Policy

Tech Won't Save Us - Why We Need a War on Cars w/ Doug Gordon and Sarah Goodyear

Paris Marx is joined by Doug Gordon and Sarah Goodyear to discuss the many ways cars have negatively affected society, how tech companies seek to entrench those problems, and what can really be done to improve mobility in our communities.

Doug Gordon is a TV producer and writer. Sarah Goodyear is a journalist and author. They are the co-hosts of The War on Cars and co-authors of Life After Cars: Freeing Ourselves from the Tyranny of the Automobile.

Tech Won’t Save Us offers a critical perspective on tech, its worldview, and wider society with the goal of inspiring people to demand better tech and a better world. Support the show on Patreon.

The podcast is made in partnership with The Nation. Production is by Kyla Hewson.

Also mentioned in this episode:

Native America Calling - Thursday, November 6, 2025 – Australia provides a promising model treaty for Indigenous recognition and self-determination

The Aboriginal people of Australia are on the precipice of cementing a historic agreement with the state of Victoria, one that could provide a blueprint for recognizing Indigenous peoples and incorporating their voices and cultures into the political process going forward. The treaty is a first for Australia and comes after years of research, negotiation, and a failed political referendum in 2023. Among other things, those crafting the treaty look to avoid the pitfalls of federal treaties with Native Americans and First Nations peoples of Canada. We’ll hear from those who worked to make the treaty happen and what about their hopes and concerns following this historic action.

GUESTS

Dr. Julian Rawiri Kusabs (Ngāti Tūwharetoa, Te Arawa, Ngāti Awa, Ngāti Maru [Hauraki], and Tainui), research fellow at the University of Melbourne

Dr. Nikki Moodie (Gomeroi, Kamilaroi, and Gamilaraay), professor of Indigenous studies at the University of Melbourne

Travis Lovett (Kerrupmara Gunditjmara, Boandik), inaugural executive director of the Centre for Truth Telling and Dialogue at the University of Melbourne

Lidia Thorpe (Gunnai, Gunditjmara and Djab Wurrung), Independent Senator for Victoria and represents the Blak Sovereign Movement

 

Break 1 Music: Talkin’ Treaty (song) Blackfire [Australia] (artist) Regeneration (album)

Break 2 Music: Traditional Side Step Song (song) Little Otter (artist) Side Step Songs (album)

Global News Podcast - US to cut flights if government shutdown continues

The Federal Aviation Administration in the US has said that if the government shutdown continues, it will cut air traffic by ten per-cent across forty busy airports from Friday, in order to maintain safety. Air traffic controllers have been working without pay for more than a month and some of them are now calling in sick. The Transportation Secretary, Sean Duffy, insists air travel is still safe, and the decision to cancel the flights is being made to ensure efficiency. Also: the BBC has been allowed to enter Gaza for the first time since the ceasefire was declared last month; Mexico's first female president, Claudia Sheinbaum, has called for sexual harassment to be made a crime in the country after footage showed a man trying to grope her in the street; and a typhoon which has caused devastating floods across the central Philippines has killed at least 140 people.

The Global News Podcast brings you the breaking news you need to hear, as it happens. Listen for the latest headlines and current affairs from around the world. Politics, economics, climate, business, technology, health – we cover it all with expert analysis and insight. Get the news that matters, delivered twice a day on weekdays and daily at weekends, plus special bonus episodes reacting to urgent breaking stories. Follow or subscribe now and never miss a moment. Get in touch: globalpodcast@bbc.co.uk

It Could Happen Here - The Shady Business of Lethal Injection: The Quality of Mercy

In the conclusion of this three-part series on lethal injection, Steve Monacelli and Dr. Michael Phillips interview Rais Bhuiyan, a Muslim who was shot and blinded in one eye by a white supremacist on a killing spree in Dallas following the terrorist attacks of September 11, 2001. Bhuiyan explains why he campaigned to prevent the execution of his attacker, Mark Stroman. His efforts led European companies that produce lethal chemicals to stop selling them for executions in states like Texas. The episode then looks at how states have evaded such bans by buying the drugs on the black market. Finally, we’ll hear from a from a priest, the Rev. Jeff Hood, who has held the hands of more than 10 condemned prisoners and witnessed their prolonged, tortured deaths. The series ends with a discussion of the uncertain future of the death penalty in this country.

Sources:

Breanna Ehrlich, “The Last Face Death Row Inmates See,” Rolling Stone, March 29, 2025 (https://www.rollingstone.com/culture/culture-features/death-row-reverend-jeff-hood-1235305460/)

Anand Giridharadas, The True American: Murder and Mercy in Texas (New York: W.W. Norton and Company, 2014.) 

Corinna Barrett Lain, Secrets of the Killing State: The Untold Story of Lethal Injection (New York: New York University Press, 2025.)

See omnystudio.com/listener for privacy information.

array(3) { [0]=> string(150) "https://www.omnycontent.com/d/programs/e73c998e-6e60-432f-8610-ae210140c5b1/78d30acb-8463-4c40-a5ae-ae2d0145c9ff/image.jpg?t=1751824393&size=Large" [1]=> string(10) "image/jpeg" [2]=> int(0) }

CBS News Roundup - 11/05/2025 | World News Roundup Late Edition

Travelers can expect more delays beginning Friday as the FAA reduces air traffic by ten-percent across 40 "high-volume" markets during the government shutdown. NTSB says the engine of the UPS jet that crashed on takeoff from Louisville yesterday detached from the wing.

Supreme Court hears arguments on legality of Trump administration's sweeping tariffs.

To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy

Learn more about your ad choices. Visit https://podcastchoices.com/adchoices