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.
Next year, the Supreme Court will decide whether the President can use a five decade old emergency powers act to shape the U.S. economy.
Trump invoked the International Emergency Economic Powers Act, or AYEEPA, last spring when he imposed sweeping tariffs of at least 10 percent across all countries.
Wednesday, the nine justices heard oral arguments in the case. And however they decide it — the ruling could affect economic policy and presidential power for years to come.
California Attorney General Rob Bonta, a democrat, was at the Court and joined Consider This host Juana Summers to talk about the suit and the steps his state is taking to rein in the Trump administration.
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.
This episode was produced by Brianna Scott and Erika Ryan with engineering by David Greenburg.
In yesterday's elections, the Republicans took what John calls both a thumping and a shellacking. Donald Trump wasn't on the ballot, but he was on voters' minds. What are the Republicans to do? And what does the election of Zohran Mamdani herald for the country?
Romina Boccia joins Nicholas Anthony to discuss how the shutdown centers on demands to extend subsidies for earners making well above median household income—all the way up to $500,000 annually. Federal workers and SNAP recipients have been offered up as political collateral for a deal that would cause an unprecedented $1.5 trillion in additional deficit spending—all while we continue trucking toward a fiscal cliff.
Jon, Tommy, and Dan react to Democrats’ big election night, breaking down gubernatorial wins in New Jersey and Virginia, the passage of Prop 50 in California, Zohran Mamdani’s mayoral win in New York City, and a series of small — but important — races in Pennsylvania and Georgia.
Russia’s been subject to more than 5,000 sanctions since its invasion of Ukraine. Yet many purported allies of Ukraine are still getting Russian oil — directly or indirectly. On today’s show, how governments are straddling the fence and skirting their own sanctions.
With traffic down, gambling down, and hotel prices bottoming out, everyone’s asking: Is Las Vegas dead? Nate and Maria wade into the frenzy with some real data and hard-won experience. They talk about why casinos are struggling, what this indicates for the broader economy, and why high-end steak houses are, in fact, a recession indicator.
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On Wednesday, the Supreme Court will hear arguments in a major case about the administration’s use of tariffs.
President Trump has long touted the power of tariffs as a tool for trade negotiations and even for ending conflict.
But now the justices will hear about how that tool may be misused.
NPR's Scott Horsley and Danielle Kurtzleben discuss President Trump's tariff policy and its economic impact.
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. This episode was produced by Connor Donevan and Karen Zamora. It was edited by Courtney Dorning, Rafael Nam and Dana Farrington. Our executive producer is Sami Yenigun.
California, Virginia, New Jersey, and New York City all have potentially game-changing elections today and we break them down rather than having a breakdown, which will probably come tomorrow, once the results are in. Give a listen.
For 60 years, the U.S. government has protected the steel industry through tariffs, quotas, and Buy American mandates. Yet steel costs remain among the highest globally, and protectionism has extracted a staggering price: $650,000 in economic damage for every steel job saved, and 75,000 manufacturing jobs lost in 2019 alone. Cato's Clark Packard and Alfredo Carrillo Obregon investigate why protectionism failed and what market-based solutions would actually work.
