John Ydstie

John Ydstie has covered the economy, Wall Street and the federal budget for NPR for two decades. In recent years NPR has broadened his responsibilities, making use of his reporting and interviewing skills to cover major stories like the aftermath of 9/11, Hurricane Katrina and the Jack Abramoff lobbying scandal. His current focus is reporting on the global financial crisis. Ydstie is also a regular guest host on the NPR news programs Morning Edition, All Things Considered, Weekend Edition and Talk of the Nation.

During 1991 and 1992 Ydstie was NPR's bureau chief in London. He traveled throughout Europe covering, among other things, the breakup of the Soviet Union and attempts to move Europe toward closer political and economic union. He accompanied U.S. businessmen exploring investment opportunities in Russia as the Soviet Union was crumbling. He was on the scene in The Netherlands when European leaders approved the Maastricht Treaty, which created the European Union.

In August 1990, Ydstie traveled to Saudi Arabia for NPR as a member of the Pentagon press pool sent to cover the Iraqi invasion of Kuwait. During the early stages of the crisis, Ydstie was the only American radio reporter in the country.

Ydstie has been with NPR since 1979. For two years, he was an associate producer responsible for Midwest coverage. In 1982 he became senior editor on NPR's Washington Desk, overseeing coverage of the federal government, American politics and economics. In 1984, Ydstie joined Morning Edition as the show's senior editor, and later was promoted to the position of executive producer. In 1988, he became NPR's economics correspondent.

During his tenure with NPR, Ydstie has won numerous awards. He was a member of the NPR team that received the George Foster Peabody for its coverage of 9/11. Ydstie's reporting from Saudi Arabia helped NPR win the Alfred I. duPont-Columbia University Award in 1991 for coverage of the Gulf War. Prior to joining NPR, Ydstie was a reporter and producer at Minnesota Public Radio. While there, he was awarded the Clarion Award for his report "Vietnam Experience and America Today."

A graduate of Concordia College, in Moorhead, MN, Ydstie earned a bachelor of arts degree, summa cum laude, with a major in English literature and a minor in speech communications.

Ydstie was born in Minneapolis, and grew up in rural North Dakota.

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Law
2:18 pm
Mon July 21, 2014

GOP Marks Dodd-Frank's 4th Birthday With Calls For Repeal

Originally published on Mon July 21, 2014 9:10 pm

Transcript

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Four years ago today, President Obama signed a massive overhaul of the nation's financial laws, The Dodd-Frank Wall Street Reform and Consumer Protection Act. The law was a response to the Wall Street bailouts and regulatory failings that sparked the financial crisis and caused the great recession. As NPR's John Ydstie reports, the anniversary is being marked by calls from some to repeal parts of the law.

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Economy
2:21 pm
Tue July 15, 2014

Despite Brightening Signs, Fed Is Likely To Stay The Course

Originally published on Tue July 15, 2014 5:23 pm

Transcript

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From NPR News, this is ALL THINGS CONSIDERED. I'm Audie Cornish.

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Economy
2:13 pm
Fri June 6, 2014

In May Jobs Report, A Milestone: A Return To Pre-Recession Levels

Originally published on Fri June 6, 2014 5:29 pm

The May jobs report showed steady job creation. Payrolls expanded by 217,000, and unemployment held steady at 6.3%. And there was a milestone: The U.S. economy now has slightly more jobs than it did in December 2007, when the last recession began.

Business
2:08 pm
Wed June 4, 2014

New Pollution Rules Leave Utilities Frustrated, As Details Remain Up In Air

Originally published on Wed June 4, 2014 5:18 pm

The Obama administration has proposed rules for limiting greenhouse gases, but many of the details must still be set by states, leaving utilities unsure about specifics they'll be expected to achieve.

Health Care
2:30 pm
Wed May 28, 2014

Study Questions Need For Employer Health Care Requirement

The employer mandate requires that businesses with 50 or more employees provide health insurance to their workers. A new study by the Urban Institute says the mandate should be eliminated.
Mutlu Kurtbas iStockphoto

Originally published on Wed May 28, 2014 4:17 pm

When the Affordable Care Act was unveiled, business groups railed against the provision that requires companies with 50 or more employees to provide health insurance for their full-time workers.

The Obama administration responded by pushing back the deadline for the coverage, so it hasn't yet taken effect. Now support for this so-called employer mandate is eroding in some surprising quarters.

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Economy
3:29 am
Sun May 18, 2014

The Merits Of Income Inequality: What's The Right Amount?

The Occupy Wall Street movement helped put the issue of income inequality in the spotlight. But economists say there's a balance.
Spencer Platt Getty Images

Originally published on Mon May 19, 2014 10:38 am

Income inequality is a big problem, many economists agree. But they also say some level of inequality is necessary for capitalism to work.

Inequality in the U.S. has risen to levels not seen since the 1920s. The top 1 percent pocket more than 20 percent of the nation's income, and the 400 richest people in the country own more wealth than everyone in the bottom 50 percent.

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Economy
2:21 pm
Fri May 2, 2014

Positive April Jobs Report Blows Past Expectations

Originally published on Sat May 3, 2014 9:17 am

Transcript

AUDIE CORNISH, HOST:

From NPR News, this is ALL THINGS CONSIDERED. I'm Audie Cornish.

ROBERT SIEGEL, HOST:

And I'm Robert Siegel. U.S. employers were in a hiring mood in April. That's the takeaway from the government's monthly jobs report released today. It shows 288,000 jobs added to payrolls. That's the biggest monthly job growth in nearly two and a half years. NPR's John Ydstie has more on the report, which also included a big drop in the unemployment rate.

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News
2:00 pm
Wed April 30, 2014

Slow Growth For U.S. Economy, But Fed Plans Are Full Speed Ahead

Originally published on Wed April 30, 2014 4:18 pm

The economy slowed sharply in the first quarter, with data released Wednesday showing that growth was barely positive. Federal Reserve policymakers wrapped up a meeting Wednesday with a statement saying the economy had actually picked up a bit in recent weeks. They voted unanimously to continue winding down their stimulus program.

Economy
2:17 pm
Fri April 4, 2014

In March Jobs Report, Market Awakens From A Winter Swoon

Originally published on Fri April 4, 2014 4:18 pm

The U.S. economy added 192,000 jobs in March, according to data released this morning. The unemployment rate refused to budge, though, holding steady at 6.7 percent.

Business
2:59 pm
Wed March 12, 2014

Health Care Law Helps Entrepreneurs Quit Their Day Jobs

The Affordable Care Act could encourage people to start new businesses by solving an age-old problem: job lock.
iStockphoto.com

Originally published on Thu March 13, 2014 4:37 am

The Affordable Care Act — which many see creating challenges for businesses — could benefit a particular group of business people: entrepreneurs.

Joshua Simonson was reluctant to give up his job at a Portland, Ore., area grocery store, New Seasons Market, which he says had provided excellent health care for him and his family. He had a pre-existing condition that has prevented him from getting insurance in the private market, but one key development helped convince him to quit and start a farm.

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