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Planet Money's Summer Reads
We at Planet Money and The Indicator are always reading for our stories (and also for fun), and so today we're sharing some favorite recommendations that fit the summer vibe.
ACA health insurance will cost the average person 75% more next year, research shows
A new analysis shows that health insurance premiums for Obamacare are set to soar next year, as financial help that subsidized the cost expires. Congress is not likely to extend the subsidies.
Listen
•
2:19
Inflation remains elevated as Trump's tariffs take hold
Inflation remained elevated last month as President Trump's tariffs continued to make their way into the prices that consumers pay. The average cost of living in July was up 2.7%.
Listen
•
4:00
Nearly 100 affordable homes are planned for Otay Ranch. Here’s how Chula Vista is helping with funding
Chula Vista, like others in San Diego County, has grappled with building affordable housing for years as the region struggles with low inventory and skyrocketing costs.
Listen
•
0:52
After a decade away, Alabama Shakes return with a new song, 'Another Life'
"Not everything powerful is loud," Brittany Howard says when asked what the reunited band members wanted to explore with their new music. "Not everything quiet is vulnerable."
Neglected form of diabetes with unusual symptoms finally gets its own name
An unusual type of diabetes linked to malnutrition now has a name. Scientists are calling for wider recognition of the newly classified Type 5 diabetes to spur better treatments.
Trump keeps pressuring the Fed to cut rates. Here's why its independence matters
Trump has threatened to fire Fed Chair Jerome Powell, challenging the Fed's independence. Experts say he's not the first president to target the central bank, but he's the most public and aggressive.
As millions of Americans struggle with SNAP lapses, food banks are swamped with demand
At one food pantry in Boston, the spike in demand means there's now a two-week wait for some to receive food, stressing needy families as well as pantry staff.
Listen
•
3:40
Drugmaker Novo Nordisk slashes Wegovy sales forecasts, blaming compounding
Compounding pharmacies are crimping sales of Novo Nordisk's obesity drug Wegovy by making what are essentially copies of the name-brand medicine. The company says it trying to stop them.
Without subsidies, most San Diegans with ACA health insurance will see premiums skyrocket
If Congress does not extend the enhanced tax credits, about 125,000 county residents who rely on federal subsidies to keep their premiums affordable could see their monthly costs skyrocket.
Listen
•
1:10
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