Planet Money

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The Economy Explained

Janet Yellen, chair of the U.S. Federal Reserve, speaks during a news conference. Andrew Harrer/Bloomberg via Getty Images hide caption

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The over-hyped Dow Seth Wenig/AP hide caption

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Podcast

Episode 443: Don't Believe The Hype

Last week Apple was officially added to the Dow Jones Industrial Average. But just because Apple's in the club now, doesn't mean the Dow is a great measure of the economy.

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The first stock exchange was on this bridge hide caption

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Bob Peterson claims to have found the thing people have sought for thousands of years — an investment guaranteed to double in value. He keeps it in this storage locker. Bob Peterson/Bob Peterson hide caption

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"They'd get the debt. They'd get people on the phone. They'd start dialing, and start collecting." iStockphoto hide caption

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Photo of a "wrong way" sign. David M. Goehring/Flickr hide caption

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Radio

A Tiny, $25 Million Mistake

A small mistake in a contract can cost a company $25 million. But, most of the time, business doesn't work that way.

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BNP Paribas' logo at its headquarters in Paris, France. Francois Mori/AP hide caption

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Podcast

Episode 547: How To Punish A Bank

When banks do bad things, the financial cops can fine them or get them to admit guilt. Now, they might try something brand new. Today on the show: how to punish a bank.

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Podcast

Episode 546: Fear, Negativity And Pawn Shops For The Rich

Today on the show: stories about bored traders, a bank that charges customers to deposit money, and pawn shops for the rich.

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Alex Livingston and Eddie Santillan have convinced investors to fund their salary and expenses while they look for a solid company with good earning potential. Courtesy of Isabel Angell hide caption

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Downtown Spencer, NY is home to Tioga State Bank. Doug Kerr/Flickr hide caption

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