The Indicator from Planet Money - A Swiftie Super Bowl, a stumbling bank, and other indicators

It is Friday, and Indicators of the Week is back — SUPER Edition. Today, what one New York bank's shakiness means for the wider economy, why Mexican imports in the US are super surging, and the T. Swift effect on the Super Bowl.

Related Episodes:
Economics, boosternomics and Swiftnomics (Apple/Spotify)
Does the U.S. have too many banks? (Apple/Spotify)

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The Indicator from Planet Money - Why Saudi Arabia is building a new city in the desert

For decades, Saudi Arabia's economy has been defined by its abundant oil reserves. Its ability to influence global oil supply propelled Saudi Arabia to one of the richest countries in the world. The Saudi royal family became important players on the world stage. However, waning dominance in the oil market is forcing the Saudi government to think differently about its reliance on the commodity.

Today on the show, we explain Saudi Arabia's fantastical vision for its future and how the government is using its present influence in the oil market to fund it.

Related episodes:
Why oil in Guyana could be a curse

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Curious City - What Was The American Negro Exposition Of 1940?

Fed up with how Black Americans were portrayed at world’s fairs, Black organizers created the “first real Negro World’s Fair” in Chicago in 1940. As Arionne Nettles reports, this exposition paved the way for Black institutions. Nettles’ debut book, "We Are The Culture: Black Chicago’s Influence on Everything," is out on April 16, 2024.

Curious City - What Was The American Negro Exposition Of 1940?

Fed up with how Black Americans were portrayed at world’s fairs, Black organizers created the “first real Negro World’s Fair” in Chicago in 1940. As Arionne Nettles reports, this exposition paved the way for Black institutions. Nettles’ debut book, "We Are The Culture: Black Chicago’s Influence on Everything," is out on April 16, 2024.

The Indicator from Planet Money - Is Wall Street’s hottest trend finally over?

WeWork, DraftKings, Lucid Motors. These are a few companies that have taken an untraditional route to go public through something called SPACs or special purpose acquisition companies. The obscure investment vehicle took off during the pandemic, but has since fallen back to earth. Today, we consider the rise and fall of SPACs and how recent rule changes will affect these deals.

Related episodes:
The SPAC is back

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60 Songs That Explain the '90s - “Black or White”—Michael Jackson

Rob reminisces on his time witnessing Janelle Monae perform at South By Southwest in the year of Michael Jackson’s passing, before looking back at the King of Pop’s televised funeral. Along the way, Rob looks back at the height of Jackson’s powers in the '80s as well as a bit more tumultuous era in the '90s. Later, Wesley Morris joins the show to aid in deciphering how to process Michael Jackson’s career draped in success and controversy.

Host: Rob Harvilla

Guest: Wesley Morris

Producers: Jonathan Kermah and Justin Sayles

Additional Production Support: Chloe Clark

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More or Less: Behind the Stats - Council tax weirdness: Hartlepool vs Westminster

Do you really pay more in council tax on a semi in Hartlepool than a mansion in Westminster? How do the Office for National Statistics work out how much the UK population is going to grow by? How much do junior doctor strikes cost? Is home grown veg worse for climate change than veg grown on a farm?

Tim Harford investigates the numbers in the news.

Presenter: Tim Harford Producers: Nathan Gower, Debbie Richford and Perisha Kudhail Series producer: Tom Colls Production co-ordinator: Brenda Brown Sound Mix: James Beard Editor: Richard Vadon

The Indicator from Planet Money - Did pandemic business support work?

The U.S. launched the Paycheck Protection Program in April 2020 to save jobs and businesses from the worst effects of the pandemic. Today on the show, a post-mortem on the controversial program and whether it fulfilled its objective. Also, we hear from one company that voluntarily paid back its PPP loan — with interest — even though it could have qualified for forgiveness.

Related episodes:
Could cash payments ease recessions? (Apple / Spotify)
Small banks' corona crunch
The big small business rescue

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