John Ydstie
John Ydstie has covered the economy, Wall Street, and the Federal Reserve at NPR for nearly three decades. Over the years, NPR has also employed Ydstie's reporting skills to cover major stories like the aftermath of Sept. 11, Hurricane Katrina, the Jack Abramoff lobbying scandal, and the implementation of the Affordable Care Act. He was a lead reporter in NPR's coverage of the global financial crisis and the Great Recession, as well as the network's coverage of President Trump's economic policies. Ydstie has also been a guest host on the NPR news programs Morning Edition, All Things Considered, and Weekend Edition. Ydstie stepped back from full-time reporting in late 2018, but plans to continue to contribute to NPR through part-time assignments and work on special projects.
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 was one of the first reporters on the scene after Saddam Hussein's Iraqi army invaded Kuwait. He accompanied U.S. troops to Saudi Arabia as a member of the Pentagon press pool sent to cover the Iraqi invasion for U.S. media outlets.
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 Award for its coverage of Sept. 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. In 2016, Ydstie received a Gerald Loeb Award for financial reporting for his contributions to an NPR series on financial planning.
Prior to joining NPR, Ydstie was a reporter and producer at Minnesota Public Radio. Ydstie is a graduate of Concordia College in Moorhead, Minnesota, where he is now on the Board of Regents. He 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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As 2013 wraps up, NPR is looking at the numbers that tell this year's story. When it comes to the economy, $85 billion is a good candidate. That's the amount the Federal Reserve has been pumping into the financial system each month trying to stimulate growth and bring down unemployment. On Tuesday, Fed policymakers begin a two-day meeting at which they'll decide whether to dial back that stimulus. -
The Affordable Care Act has produced a surge in the number of people signing up for Medicaid. The ACA offers billions of federal dollars to states to expand Medicaid coverage for the poor. But only 25 states have accepted the federal government's offer, and those that haven't could face economic and budget losses.
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The Labor Department released the jobs report for November on Friday morning. The report showed that 204,000 jobs were added to payrolls last month and the unemployment rate dropped to 7 percent, a five-year low.
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Major stock indexes have shot to record highs in the U.S. this year, gaining more than 20 percent, and yet economic growth remains at disappointing levels. A lot of analysts say the Federal Reserve's stimulus efforts are behind the stock boom and a possible bubble. -
President Obama's pick to run the Federal Reserve went to Capitol Hill Thursday for her confirmation hearing. Janet Yellen defended the Fed's ongoing stimulus programs. Critics say it's time for the Fed to start moving back to a more neutral approach.
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The first woman to be nominated to head the Federal Reserve takes the witness chair on Capitol Hill Thursday morning for her confirmation hearing. Janet Yellen's challenge will be to reassure her Democratic supporters that she's focused on job creation, while convincing at least a few Republicans that she'll keep inflation in check.
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The health care law is helping low- and middle-income Americans pay for their insurance. Where does that money come from? In part, it is a matter of the well-off helping pay for those who have less. But that's not the full answer. -
President Obama repeatedly said that anyone who likes their current health insurance policy would be able to keep it. But insurers have sent hundreds of thousands of cancellation notices to people who buy their own coverage — and some of them face significantly higher costs to get new policies under the Affordable Care Act. -
Relatively few people have enrolled in new health insurance plans since the Affordable Care Act exchanges launched this month. But some health care experts say it's early days yet — and that getting the right proportion of healthy, young new enrollees is just as important as how quickly people sign up. -
There was a sense of relief Thursday as the U.S. government went back to work and once again skipped past default. But around the world, many investors wonder whether the U.S. is going to be in fiscal crisis mode for some time to come, and how the country's currency and creditworthiness will be viewed by others.
