The Indicator from Planet Money - Bond vigilantes. Who they are, what they want, and how you’ll know they’re coming

As Wall Street investors divine what a second Trump administration might mean for markets, there's talk of a new gang in town: the bond vigilantes. On today's show, where they came from, what they want, and how to tell when they're about to spring into action.

Related episodes:
Trying to solve the mystery of big bond yields
What the 'bonkers' bond market means for you

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Everything Everywhere Daily - California

California isn’t just another US state. It is the most populous state in the union, and it has an economy which, if it were an independent country, would be the 5th largest in the world. 

Yet, this wasn’t always the case. In the 19th century, California wasn’t much at all. Hardly anyone lived there. It was far away from the American center of power and was technically part of Mexico.

Yet despite its late start, it more than made up for lost time in the 20th century. 

Learn more about California, its history and what makes it so special on this episode of Everything Everywhere Daily.


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NPR's Book of the Day - In ‘Citizen,’ former President Clinton reflects on his post-White House years

Since leaving the White House more than two decades ago, Bill Clinton has remained a leader in the Democratic Party, but has mostly focused on philanthropy and public service. He has aimed to address the HIV/AIDS crisis globally and he worked to help free two American journalists incarcerated in North Korea. Clinton's new memoir, Citizen, takes stock of these post-presidential years – but also serves as a vehicle for the former president to address past controversies. In today's episode, Clinton joins NPR's Leila Fadel for a discussion that touches on how the Democratic Party should respond to this political moment, and how writing his new book has helped him let go of the past.

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The Indicator from Planet Money - How Magic Johnson’s Starbucks created new neighborhood businesses

There's been a lot of research showing how third spaces — a place that isn't the home nor the workplace — have brought communities together, even catalyzed revolutions. New research shows that coffee shops in particular could be key to sparking new businesses, too.

Today on the show, caffeine-fueled entrepreneurship. We go back a few decades for the story of how Magic Johnson partnered to build Starbucks cafes in Black and Latino neighborhoods, and how new research has shed light on how Magic's plan changed entrepreneurship in those communities.

Related Episodes:
Oil gluts, Russian bucks, and Starbucks
Magic Johnson on basketball, business, and being the face of HIV

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The Indicator from Planet Money - How to shop during a crisis

Events like the recent dock worker's strike and hurricanes sparked panic buying among American shoppers. Today, a logistics expert helps us craft a shopper's guide for how to navigate a supply chain crisis.

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Everything Everywhere Daily - The History of the Bow and Arrow

One of the most important inventions in human history was the bow and arrow. 

A bow and arrow is a rather simple device but it was a revolutionary advancement for humanity’s ability to hunt and to fight. 

Unlike many very early human inventions, the bow and arrow have had an extremely long lifespan. For thousands of years it remained virtually unchanged. That was until the last 100 years when this age old device changed dramatically. 

Learn more about the history of the bow and arrow and how it changed the world on this episode of Everything Everywhere Daily.


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NPR's Book of the Day - In a new version of ‘The Cake Bible,’ Rose Levy Beranbaum updates a culinary classic

When Rose Levy Beranbaum's The Cake Bible was first published in 1988, it took the baking world by storm. It was the first cake book to list ingredients by weight instead of volume and also introduced the technique of reverse creaming. Now, 35 years later, Beranbaum has released a new version of The Cake Bible. The update includes altered recipes that keep pace with changes to ingredients and equipment over the past few decades, like taller cake pans and smaller egg yolks. In today's episode, Beranbaum speaks with Here & Now's Robin Young about the biggest mistakes for beginner bakers to look out for, the author's recent preference for simple design, and a chocolate cake named after Plácido Domingo.

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