Stacey Vanek Smith

Stacey Vanek Smith is the co-host of NPR's The Indicator from Planet Money. She's also a correspondent for Planet Money, where she covers business and economics. In this role, Smith has followed economic stories down the muddy back roads of Oklahoma to buy 100 barrels of oil; flew to Pune, India, to track down the man who pitched the country's dramatic currency devaluation to the prime minister; and spoke with a North Korean woman who made a small fortune smuggling artificial sweetener in from China.

Prior to coming to NPR, Smith worked for Marketplace, where she was a correspondent and fill-in host. While there, Smith was part of a collaboration with The New York Times, where she explored the relationship between money and marriage. She was also part of Marketplace's live shows, where she produced a series of pieces on getting her data mined.

Smith is a native of Idaho and grew up working on her parents' cattle ranch. She is a graduate of Princeton University, where she earned a bachelor's degree in comparative literature and creative writing. She also holds a master's in broadcast journalism from Columbia University.

en.wikipedia.org

It's been 10 years since the housing crisis started. Home prices are back up, but could the market be overheating? Stacey Vanek Smith from the Planet Money team shares the latest with an Inland Empire interview.

California is the largest U.S. state economy, and it's also one of the largest economies in the world. It's home to tons of agricultural production and to the country's biggest ports.

The Port of Long Beach is one of the biggest ports in the country. It and its neighbor, the Port of Los Angeles, handle 390 billion dollars worth of goods every year.

And business has boomed as the economy has improved. U.S. consumers bought more stuff; ships started getting bigger to meet demand; the Port of Long Beach invested billions.

Seventy percent of the ships that dock at the port come from China. So talk of a trade war has everybody's attention down on the docks.

President Trump recently had a disagreement with Canadian Prime Minister Justin Trudeau. Trump says the U.S. has a trade deficit with Canada, Trudeau says it's a trade surplus.

Today on the show we explain how it's possible for both men to be right and wrong at the same time. It turns out that sometimes statistics is more art than science.

Links:

After the Revolutionary War, one of the first acts of the brand new Congress was to tax goods imported from foreign countries. Since then the debate over tariffs hasn't changed much, but the U.S. economy definitely has.

Music by Drop Electric. Find us: Twitter/ Facebook.

Copyright 2018 NPR. To see more, visit http://www.npr.org/.

MARY LOUISE KELLY, HOST:

Since the late 1990s, inflation — or average prices — has increased by 55.6 percent. But while things like televisions and smartphones have gotten much cheaper in that time, certain other things have gotten much more expensive.

So while some people may be able to afford the latest gadget, certain other things remain out of reach. Today on the show we look at what that tells us about the true cost of living in America in the 21st century.

Sales of firearms have soared in America over the past twenty years. But fewer people are purchasing.

Today America's guns are concentrated in the hands of a comparatively small number of enthusiasts.

Their love of add-ons and special features has been a boon to gun manufacturers. Their periodic fear of anti-gun regulation has made sales spike in the past. But relying on a concentrated market of mega-buyers can come at a cost.

Copyright 2018 NPR. To see more, visit http://www.npr.org/.

ARI SHAPIRO, HOST:

Brian Krebs, a journalist and cybersecurity expert, recently published this list. It has hundreds of company names, in alphabetical order. And next to each name is a price.

This list comes from a site on the dark web where people buy and sell stolen usernames and passwords. It's a price list.

On today's show, we talk to Krebs about this list, and what it tells us about the market for your stolen passwords.

You may already know the headline jobs numbers the government released this morning: The unemployment rate held steady last month at 4.1 percent. The economy added 148,000 jobs.

But these numbers are just the surface of the monthly jobs report; the report has a huge amount of information about how the job market is working (or not working) for people in different industries, and different age groups.

Two years ago, international sanctions against Iran were largely lifted. People expected the economy to come surging back. But so far, it's been a disappointment. Unemployment is high. Prices are rising. Corruption is persistent. A surge in the price of eggs was the last straw.

Music by Drop Electric. Find us: Twitter/ Facebook.

Copyright 2018 NPR. To see more, visit http://www.npr.org/.

ARI SHAPIRO, HOST:

Thirty-seven years ago, sexual harassment in the workplace became illegal. That led to the creation of the first harassment training videos. This one, called "Power Pinch," is narrated by a man sitting in a bar.

(SOUNDBITE OF FILM, "POWER PINCH")

Note: This episode originally ran in 2015.

When Susannah Morgan was running a food bank in Alaska, she always needed produce. Items like fresh oranges or potatoes. But her food bank didn't get much. Feeding America, a major supplier for food banks, assumed transporting fresh produce would be too expensive. Instead, among other things, Susannah's food bank got pickles. A lot of them. At the same time, Feeding America was flooding Idaho with potatoes.

Copyright 2017 NCPR. To see more, visit NCPR.

STACEY VANEK SMITH, HOST:

Copyright 2018 NPR. To see more, visit http://www.npr.org/.

STACEY VANEK SMITH, HOST:

Copyright 2018 NPR. To see more, visit http://www.npr.org/.

STACEY VANEK SMITH, HOST:

Copyright 2018 NPR. To see more, visit http://www.npr.org/.

STACEY VANEK SMITH, HOST:

Copyright 2018 NPR. To see more, visit http://www.npr.org/.

ROBERT SIEGEL, HOST:

Copyright 2018 NPR. To see more, visit http://www.npr.org/.

RENEE MONTAGNE, HOST:

Even the most creative jobs have parts that are pretty routine — tasks that, at least in theory, can be done by a machine. Take, for example, being a reporter.

A company called Automated Insights created a program called WordSmith that generates simple news stories based on things like sporting events and financial news. The stories are published on Yahoo! and via the Associated Press, among other outlets.

We wanted to know: How would NPR's best stack up against the machine?

Copyright 2018 NPR. To see more, visit http://www.npr.org/.

RACHEL MARTIN, HOST:

  • Gyms have built their business model around us not showing up. Gyms have way more members than they can actually accommodate. Low-priced gyms are the most extreme example of this. Planet Fitness, which charges between $10 and $20 per month, has, on average, 6,500 members per gym. Most of its gyms can hold around 300 people. Planet Fitness can do this because it knows that members won't show up. After all, if everyone who had a gym membership showed up at the gym, it would be Thunderdome.

On Sept. 9, BJ Holloway's life savings were stolen. Six cows worth about $10,000 were taken in the dead of the night from his land in Spencer, Okla.

BJ started raising cows when he was just a teenager. His parents gave him the first two, and he raised those until they had calves he could sell off to buy some more. Over the years, he kept doing that, breeding the cows and selling off the little ones. Raising cows is a business for BJ, and all of his savings are wrapped up in them, which made the theft of the cows absolutely devastating.