A finance fright fest

10/30/23 • 9 min

5 Listeners

Halloween is just around the corner and our hosts are scrambling to find the perfect costume. Today on the show, we scare up fresh costume ideas based on Wall Street's scariest financial jargon. If you know where to look, you can find witches and zombies lurking near dark pools and shadow banks. Are these terms as scary as they sound?
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Europe vs. US economies... and a dime heist

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This time on Indicators of the Week: the U.S. is seeing massive economic growth, but there are a couple of asterisks.
The European Central Bank is holding off on additional rate hikes, citing a weak economy in the eurozone.
Also, the story of how nearly a quarter of a million dollars was stolen out of a truck... in dimes.
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Next Episode

Are real estate agent fees a racket?

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In the typical home sale, the home seller pays a commission, not just to their agent, but also to the buyer's agent. This fee-sharing arrangement is part of a decades-old practice involving what real estate agents call an "offer of compensation."
Others call it a conflict of interest.
That's the dispute at the center of a class action lawsuit that has the potential to upend the real estate business. Today on the show, we'll explain how real estate agents and the National Association of Realtors allegedly conspired to inflate home prices by pushing agents to share fees. And why the industry says the plaintiffs should be careful what they ask for.
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
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