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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Economy
4:46 pm
Wed December 17, 2014

Fed: Interest Rates Could Rise As Early As May 2015

Originally published on Wed December 17, 2014 9:07 pm

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Business
4:26 pm
Fri December 12, 2014

Low Gas Prices Expected To Continue As Crude Oil Drops To $58 A Barrel

Originally published on Fri December 12, 2014 6:16 pm

Copyright 2014 NPR. To see more, visit http://www.npr.org/.

Economy
4:35 pm
Thu December 11, 2014

Controversial Budget Bill Would Roll Back Dodd-Frank Provision

Originally published on Thu December 11, 2014 6:39 pm

Copyright 2014 NPR. To see more, visit http://www.npr.org/.

Economy
4:22 pm
Fri December 5, 2014

'Blockbuster' Jobs Report Shows 321,000 Added To Payrolls

Originally published on Fri December 5, 2014 6:30 pm

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Business
6:43 pm
Tue December 2, 2014

Holiday Shoppers Are Filling Their Carts, Online

Workers pack items Sunday at an Amazon fulfillment center in Tracy, Calif. Cyber Monday online sales jumped 8.5 percent over 2013.
Noah Berger Reuters/Landov

Originally published on Tue December 2, 2014 7:45 pm

This weekend, Will Falls decided to skip the local mall near Raleigh, N.C., and shop online instead.

"No standing in line, no finding a parking spot," he says. "Just get comfortable and go at it."

Millions of Americans did the same — Falls helped contribute to an 8.5 percent increase in online shopping Monday compared with 2013, according to data from IBM.

That growth stands in contrast to an 11 percent drop in sales reported by the National Retail Federation at brick-and-mortar stores over the Black Friday weekend compared with a year ago.

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Shots - Health News
3:54 am
Tue December 2, 2014

Obamacare 'Glitch' Puts Subsidies Out Of Reach For Many Families

Don Benfield is trying to get health care coverage for his family. The options at work are too expensive, but his employer's option disqualifies him from Affordable Care Act subsidies.
Courtesy of Don Benfield

Originally published on Tue December 2, 2014 8:50 am

Don Benfield of Taylorsville, N.C., makes $11 an hour working for a mobile-home parts business, selling things like replacement doors and windows.

Benfield, 51, doesn't have health insurance.

"I haven't had health care insurance in years, simply because I haven't been able to afford it, especially with food prices, how they went up," he explains.

Benfield's employer does offer health insurance coverage, even though, with fewer than 50 employees, the business is not required to.

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Shots - Health News
5:12 pm
Fri November 14, 2014

HealthCare.gov Head Says Site Is Tested And 'Ready To Go'

The second open enrollment period for buying health insurance under the federal Affordable Care Act starts Saturday.
Don Ryan AP

Originally published on Fri November 14, 2014 6:40 pm

It's being challenged in the Supreme Court. Members of the new Republican Congress want to repeal it. But Obamacare will get a second chance on Saturday, when enrollment opens again in the government-sponsored health exchanges.

The Obama administration is expecting over 3 million new enrollees and almost 6 million return customers. And while the system faces some challenges, the government says it's up to the task.

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Business
4:42 pm
Wed November 12, 2014

Banking Giants Settle Currency Manipulation Charges

Originally published on Wed November 12, 2014 5:45 pm

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Six big banks will pay more than $4 billion to U.S. and European regulators for more bad behavior, this time rigging foreign currency markets. Among the charges? That currency traders at the banks collaborated in online chat rooms to cheat customers.

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Business
6:00 pm
Tue November 4, 2014

It's Still Too Early For Tanking Oil Prices To Curb U.S. Drilling

Ray Gerrish repairs a drilling rig near Watford City, N.D. Oil industry analysts predict that oil prices will have to remain low for at least several months before having a significant effect on U.S. production.
Jim Gehrz MCT/Landov

Originally published on Tue November 4, 2014 6:32 pm

Oil prices fell again Tuesday, to just below $76 a barrel before recovering slightly — one day after Saudi Arabia cut prices for the crude it sells in the U.S. market.

During most of the last quarter-century, that would have been viewed as a very positive development for the U.S. economy. But oil production here has increased so quickly in the past several years, the continuing price drops pose a potential threat to U.S. oil producers.

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Economy
4:30 pm
Wed October 29, 2014

Federal Reserve Votes To End Quantitative Easing

Originally published on Wed October 29, 2014 6:16 pm

Copyright 2014 NPR. To see more, visit http://www.npr.org/.

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