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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U.S.
6:52 pm
Mon January 26, 2015

Obama's Arctic Refuge Drill Ban Won't Change Much, For Now

A herd of caribou begins the long trek across the Arctic plains in the Arctic National Wildlife Refuge.
Peter Mather SN/Landov

Originally published on Tue January 27, 2015 12:14 pm

President Obama says he will ask Congress to give wilderness status to protect more than 12 million acres of the Arctic National Wildlife Refuge. The president announced his intention Sunday in a video, describing the area as a pristine habitat with abundant wildlife.

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Economy
12:10 pm
Thu January 22, 2015

European Central Bank Launches Stimulus Plan

Originally published on Thu January 22, 2015 1:08 pm

Copyright 2015 NPR. To see more, visit http://www.npr.org/.

Economy
4:48 pm
Wed January 21, 2015

Middle Class Economics Dominate Obama's State Of The Union

Originally published on Wed January 21, 2015 8:00 pm

Copyright 2015 NPR. To see more, visit http://www.npr.org/.

Business
6:48 pm
Wed January 14, 2015

Dollar's Rise Is Good News For The U.S., For Now

A pedestrian passes a currency exchange in London Jan. 5. The value of the U.S. dollar has risen about 15 percent against the euro since last summer.
Andy Rain EPA/Landov

Originally published on Wed January 14, 2015 8:17 pm

If you've traveled outside the U.S. recently, or sent your U.S.-made products abroad, you've probably noticed that the dollar is getting stronger. The stronger dollar is the sign of a healthier U.S. economy, but its strength has the potential to erode growth.

There are a number of factors behind the dollar's rise, says economist Jens Nordvig, a currency expert at Nomura Securities. The main one is the health of the U.S. economy.

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Economy
4:16 pm
Thu December 25, 2014

Economy Weathers A Bad Winter And Other Storms To Finish 2014 Strong

A New York Stock Exchange trader works on the floor on Dec. 17. Stocks rose nearly 300 points after the Federal Reserve announced it plans to begin raising interest rates next year.
Andrew Burton Getty Images

Originally published on Tue February 17, 2015 1:09 pm

The economy was floored by the polar vortex early on in 2014 — plus, businesses and consumers were still a little dazed by a government shutdown and debt ceiling fight late in 2013.

Mark Zandi, chief economist at Moody's Analytics, says it all produced an anxious start to the year. "Yeah, a lot of worry, particularly because we had misstepped a few other times during the recovery," he says. "We had these false dawns when we really thought the economy was going to kick into gear and then we kind of fell back into the morass."

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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

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

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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

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

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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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