John Ydstie

John Ydstie appears in the following:

When It Comes To Economic Election Prediction Models, It's A Mixed Bag

Tuesday, May 17, 2016

Under a Moody's model, Hillary Clinton beats Donald Trump. The oldest model picks the GOP nominee to win, though it may be proved wrong, its creator says, because Trump is so outside the mainstream.


Global Banks Warned To Review Security Systems After Major Cyberattack

Friday, May 13, 2016

Banks around the world are being warned to review their computer security systems. SWIFT, the Brussels-based organization that facilitates bank-to-bank transfers, told banking clients of another cyberattack, this time on a commercial bank. In February, hackers managed to steal $81 million from the central bank of Bangladesh.


Economists Say Trade Is Good, As Long Resources Are Refocused On Workers

Friday, April 29, 2016

As opposed to renegotiating trade deals, some economists argue a better approach would be to support those who've lost jobs. The U.S. has underfunded employment programs, compared to other economies.


Volkswagen Reaches Deal With U.S. On Cars With Emissions Software

Thursday, April 21, 2016

After months of negotiations, Volkswagen has reached a deal with U.S. authorities on most of the cars involved in its diesel emissions scandal. The agreement covers nearly 500,000 2-liter engine cars. Owners will get to choose between having VW buy back their vehicles or having their cars fixed. But owners still don't know how much VW will offer in the buyback, or what the terms of a fix will be.


5 Reasons The IMF Says Global Economic Growth Is Slowing

Tuesday, April 12, 2016

In January, International Monetary Fund economists thought the global economy would grow 3.4 percent this year, but now they've ratcheted back that forecast.


Progress Made To Rein In Shell Corporations, But More Action Needed

Wednesday, April 06, 2016

Global organizations have been trying to rein in the abuse that costs governments hundreds of billions of dollars. But the Panama Papers revelations show the extent to which more work is needed.


Want To Escape The Cubicle? Here's How To Be Your Own Boss

Friday, March 18, 2016

To start a small business, you'll need lots of time and a passion for what you do. From turning a hobby into cash to running a franchise, we share tips from people who've found success.


Cheap Oil Usually Means Global Growth, But This Time Seems Different

Wednesday, March 09, 2016

Recent forecasts for global growth have been ratcheted down, even as oil prices sink lower and put more money in consumers' wallets. Economists see several factors changing things.


U.S. Economy Adds 242,000 Jobs, Unemployment Holds Steady In February

Friday, March 04, 2016

The pace of job creation picked up in February as employers added 242,000 jobs, and the unemployment rate held steady at 4.9 percent. Wages, which had shown a healthy increase in January, pulled back.


Oil Producing Nations Struggle To Cope With Falling Prices

Wednesday, February 24, 2016

U.S. consumers are enjoying extremely low gasoline prices, but the big drop in oil prices is causing hardship in nations that depend on oil production to fund their governments and so...


Major Producers Work On Agreement To Freeze Oil Production

Tuesday, February 16, 2016

The price of oil is up on news that four major producers are talking about freezing production at January levels. Saudi Arabia, Russia, Venezuela and Qatar want to limit production to...


Don't Mind The Markets, Experts Say — Economy Not Entering Recession

Saturday, February 13, 2016

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Global Markets Slide As Fed Chair Janet Yellen Briefs Congress

Thursday, February 11, 2016

Stock markets around the world were down again Thursday. In the U.S., the Dow and the S&P were down about 2 percent at mid-day. Federal Reserve Chair Janet Yellen is on Capitol Hill b...


Fed Chair Janet Yellen Warns Of Growing Risks To U.S. Economy

Wednesday, February 10, 2016

Federal Reserve Chair Janet Yellen made clear in congressional testimony Wednesday she sees an economy that faces increased risk. Her assessment was sufficiently downbeat to practical...


Low Prices Cause Carnage In The Oil Industry

Wednesday, February 10, 2016

When you pull up to the gas pump, low oil prices may make you smile. Low prices are wreaking havoc in oil states. We check in with a big oil field services firm based in Texas to assess the damage.


Jobless Rate Dipped To 4.9 Percent In January

Friday, February 05, 2016

After a hiring spree in the final three months of 2015, U.S. employers added just 151,000 jobs last month.


Drop In Oil Prices Complicates Effort To Combat Climate Change

Thursday, January 28, 2016

Replacing fossil fuels with renewable energy to combat climate change will require trillions of dollars in investment. Cheap prices for fossil fuels are making that transition a bit more complicated.


Analysts: Markets May Be Underestimating U.S. Economic Resilience

Monday, January 25, 2016

Stock markets are often seen as a predictor of what's ahead for the economy. But some say this year's falling markets are crying wolf. "I think financial markets have overreacted," says one economist.


U.S. Stocks Fall Sharply As Oil Prices, China Spook Investors

Friday, January 15, 2016

China's slowdown and plummeting oil prices have investors spooked, and some are heading for the exits. There's concern the selloff in stocks signals tougher times ahead for the U.S. economy.


Amid Chinese Uncertainty, U.S. Economy Shows Strength With Jobs Report

Friday, January 08, 2016

After a frightening week for global financial markets, the U.S. economy showed real strength on Friday when the Labor Department released the December jobs report. It showed employers...