The Indicator from Planet Money - How Trump is making coin from $TRUMP coin

Just before Trump began his second administration in January, he and his business partners launched the $TRUMP coin. It's a meme coin that quickly raked in hundreds of millions of dollars. And there's a lot of earning potential still left on the table. Is any of this legal?

Today on the show, we examine how the $TRUMP coin works and talk to an expert about how the president's meme coin gambit interacts with the Foreign Emoluments Clause of the Constitution.

Related episodes:
How the memecoin game is played
Did Trump enable insider trading?

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
Sierra Juarez. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.

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

NPR Privacy Policy

NPR's Book of the Day - ‘Little Bosses Everywhere’ looks into the Wild West of multilevel marketing

Multilevel marketing – or MLM – first became popular in the period that followed World War II. Since then, millions have tried their luck as salespeople for companies like Amway, Mary Kay, Cutco and Herbalife. MLMs offer themselves as low-cost paths to entrepreneurship, but very few of their participants are able to earn a living wage. A new book Little Bosses Everywhere by Bridget Read traces the history and culture of the MLM industry. In today's episode, Read speaks with NPR's Ayesha Rascoe about why this business model flourishes in economic uncertainty, the unregulated nature of the industry, and the blurred lines between MLMs and pyramid schemes.

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

State of the World from NPR - An Interview with President Trump’s Ambassador to Israel

U.S. Ambassador to Israel Mike Huckabee says he's "outraged" at at the leaders of the UK, France, and Canada for condemning Israel's new military offensive in Gaza. He sat down with NPR to express the U.S. view of the conflict as pressure on Israel from around the world is mounting, not just for the new offensive in Gaza but also for restricting food aid to the territory.

For more coverage of all sides of this conflict, go to npr.org/mideastupdates

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

NPR Privacy Policy

Planet Money - How economists (and TikTok) know if a recession is coming

Lately we've noticed that something we think about all the time here at Planet Money is having a viral moment: recession indicators!

From the more practical (like sales for lipstick going up and men's underwear going down) to the absurd and nonsensical (like babysitter buns coming back into style?) — people are posting to social media every little sign they see that a recession is coming. And we LOVE it. Because between the trade war and the tariffs and the stock market, there has been a lot of economic uncertainty over the last few months and we want to talk about it, too.

Today on the show — we dig into the slightly wonkier indicators that economists look at when they're trying to answer the question behind the viral internet trend: Is a recession coming?

This episode of Planet Money was produced by James Sneed. It was edited by Marianne McCune, fact-checked by Sarah McClure, and engineered by Cena Loffredo. Alex Goldmark is our executive producer.

Find more
Planet Money: Facebook / Instagram / TikTok / Our weekly Newsletter.

Help support
Planet Money and hear our bonus episodes by subscribing to Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney.

Music: Source Audio - "The Shirt Still Fits," "Chameleon Panther Style," and "Nighthawk."


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

NPR Privacy Policy

Consider This from NPR - A Newark air traffic controller on the moment systems went dark

Federal regulators are now limiting the number of flights in and out of Newark Liberty International Airport. This comes after a harrowing month for the air traffic controllers who work the airspace around it.

On April 28th, communications and radar systems went dark at the air traffic control facility in Philadelphia, where controllers manage the airspace around Newark.

Since then there have been more outages.

Hundreds of flights in and out of Newark have been cancelled or delayed since that first outage. Now the Federal Aviation Administration is slowing the pace of arrivals and departures.

Transportation Secretary Sean Duffy insists that will help.

Still, these incidents have raised big questions. How did the mess in Newark get as bad as it did? And, What it will take to fix an aging air traffic control system.

For sponsor-free episodes of Consider This, sign up for Consider This+ via Apple Podcasts or at plus.npr.org.

Email us at considerthis@npr.org.

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

NPR Privacy Policy

1A - Rhiannon Giddens’ Love Letter To The Music Of North Carolina

Musician Rhiannon Giddens has won Grammys, a Pulitzer, and a MacArthur "Genius Grant."

But her new album is a true love letter to her North Carolina roots and features former Carolina Chocolate Drops bandmate Justin Robinson. The album is called "What Did the Blackbird Say to the Crow."

Giddens and Robinson join us to talk about North Carolina's musical past, taking the time to learn at the feet of a master, and what it means to call a place home.

Want to support 1A? Give to your local public radio station and subscribe to this podcast. Have questions? Connect with us. Listen to 1A sponsor-free by signing up for 1A+ at plus.npr.org/the1a.

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

NPR Privacy Policy

Up First from NPR - Negotiating Trump’s Sweeping Agenda, South Africa’s President, DOGE Cuts

The latest on the president's massive tax and immigration bill as it faces continued resistance from both moderate and hardline Republicans. South African President Cyril Ramaphosa will travel to Washington next week as relations between the U.S. and South Africa are at their lowest since the end of apartheid. An NPR analysis finds that the ad hoc Department of Government Efficiency keeps finding new parts of the federal government to try to shrink.

Want more comprehensive analysis of the most important news of the day, plus a little fun? Subscribe to the Up First newsletter.

Today's episode of Up First was edited by Ryland Barton, Kevin Drew, Brett Neely, Tara Neill, Ally Schweitzer and Alice Woelfle. It was produced by Ziad Buchh, Nia Dumas and Christopher Thomas. We get engineering support from Neisha Heinis and our technical director is David Greenburg.


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

NPR Privacy Policy

The Indicator from Planet Money - The old trade war that brought foreign carmakers to the U.S.

President Donald Trump wants more products made in America, and he's not afraid of a few trade wars to make it happen. Back in the 80s, a different trade dispute brought new manufacturing to the U.S. Today on the show, how former President Ronald Reagan used the threat of trade protectionism to bring car-making stateside, and why the same strategy might not work today.

Related episodes:
The tensions behind the sale of U.S. Steel (Apple / Spotify)
Tariffs: What are they good for? (Apple / Spotify)

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
Sierra Juarez. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.

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

NPR Privacy Policy

NPR's Book of the Day - A new biography of Rafael Nadal focuses on the tennis star’s domination on clay

Tennis legend Rafael Nadal retired last year after a record-breaking career, one that included winning every major championship. In a new biography, Christopher Clarey – former tennis correspondent for The New York Times – considers the player's life and career, with particular focus on Nadal's domination on clay courts. In today's episode, Clarey joins Here & Now's Scott Tong for a conversation about the emotional side of Nadal's game, including the player's rituals and tics, his rivalries with Roger Federer and Novak Djokovic, and his early mentor in the sport.

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

Short Wave - New Antivenom, Thanks To 200 Intentional Snake Bites

What's it like to get bit by a venomous snake? "It's like a bee sting times a thousand," Tim Friede says. Tim would know. Over the past few decades, he's let himself be bitten over 200 times by all kinds of venomous snakes — black mambas, taipans, cobras, kraits and more. With time, he's gradually built immunity to multiple types of venom. Could scientists help him share that immunity with others?

Science reporter Ari Daniel joins Short Wave to explain how antivenom works, what scientists discovered and where the research may lead. Plus, what does Tim Friede have in common with Princess Bride?

Want to hear about more medical discoveries? Email us at
shortwave@nprg.org to tell us what areas of science you'd be interested in.

Listen to every episode of Short Wave sponsor-free and support our work at NPR by signing up for Short Wave+ at
plus.npr.org/shortwave.

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

NPR Privacy Policy