John Ydstie

John Ydstie appears in the following:

Fed Raises Interest Rates Again As Economy Rolls On

Wednesday, December 13, 2017

Policymakers increased a key rate for the third time this year. The quarter-point move indicates the Fed is confident in the economy as it continues to recover from the financial crisis.

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Trump's Pick For Fed Signals Interest Rate Hike Likely Next Month

Tuesday, November 28, 2017

Jerome Powell's confirmation hearing went smoothly, putting him closer to being confirmed as the Federal Reserve's next chairman. He suggested he'll continue the policies pursued under Janet Yellen.

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Study Finds Republican Tax Bills Directly Benefit Businesses, Not The Middle Class

Tuesday, November 21, 2017

In an effort to sell their tax plan, Republicans in both House and Senate have touted the benefits for the middle class. But a close review of the plans reveals that such claims are misleading.

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House Lawmakers Scheduled To Vote Thursday On Tax Overhaul

Thursday, November 16, 2017

The House tax plan differs significantly from the version being sculpted in the Senate. Both plans seem to agree that a big corporate tax cut is needed. The president wants a tax measure by Christmas.

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GOP Tax Cuts Expected To Push Up Nation's Debt

Friday, November 10, 2017

Both tax proposals in the House and the Senate would add about $1.5 trillion to the nation's debt over the next 10 years. That's a big concern for many economists and some lawmakers.

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Trump Picks Federal Reserve Insider Jerome Powell To Be Its Chairman

Thursday, November 02, 2017

President Trump has named Federal Reserve Gov. Jerome Powell to head the U.S. central bank. If confirmed by the Senate he will succeed Janet Yellen, the first woman to serve in the Fed's top post.

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Trump To Announce Pick To Lead Federal Reserve

Thursday, November 02, 2017

President Trump is expected to announce his pick to lead the Federal Reserve Thursday. Advisers have been hinting it will be Jerome Powell, who is currently a member of the Fed's Board of Governors.

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Next Fed Chair Will Help Determine Pace Of Interest Rate Hikes

Wednesday, October 25, 2017

President Trump could ask Janet Yellen to stay on as Fed chair, but other names are also circulating. Will the next chief lead the central bank to boost rates more quickly than currently planned?

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Fed's Unwinding Of Crisis Programs Expected To Push Up Interest Rates Very Gradually

Wednesday, September 20, 2017

The Federal Reserve in October will begin unwinding the extraordinary stimulus it used to battle the Great Recession. That means that over the long run, rates on car loans and mortgages could go up.

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The Dollar Is Weaker, But That Might Not Be A Bad Thing

Tuesday, September 19, 2017

The dollar is down nearly 10 percent since the beginning of the year. That's bad news if you're a tourist traveling to Europe but great news if your U.S. company sells goods overseas.

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U.S. Census Bureau Records Improvements In Income, Poverty And Health Coverage

Tuesday, September 12, 2017

The U.S. Census Bureau released a trio of reports Tuesday on income, poverty and health insurance coverage. All three measures showed improvement. Real median household income increased by 3.2 percent in 2016 over the previous year, and now stands at just over $59,000. The official poverty rate fell for the second year in a row to 12.7 percent.

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U.S. Employers Struggle To Match Workers With Open Jobs

Thursday, August 31, 2017

Many employers complain about not being able to find workers with the right skills, but experts says some of these employers aren't trying very hard.

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U.S. Corporations Join The Effort To Help Hurricane Harvey Victims

Tuesday, August 29, 2017

Private-sector firms are pitching in to help Harvey victims. Walmart and its foundation pledged at least $1 million to the Red Cross and other relief agencies. The Home Depot Foundation did the same.

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U.S. Economy Adds 209,000 Jobs In July, Unemployment Drops To 4.3 Percent

Friday, August 04, 2017

Employers added 209,000 jobs to payrolls last month, according to the government's jobs report released Friday morning. The unemployment rate ticked down a notch to 4.3 percent, matching a 16-year low.

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209,000 New Jobs In July As Unemployment Dips To 4.3 Percent

Friday, August 04, 2017

Employers added 209,000 jobs to payrolls in July and the unemployment rate ticked down to 4.3 percent. That's according to the government's latest jobs report released this morning.

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Why America's Wages Are Barely Rising

Thursday, August 03, 2017

Economists say the pickup in wages has been sluggish. One possible reason is that high-earning baby boomers are leaving the workforce. And some people aren't looking to work because wages are too low.

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U.S. Growth Picks Up: Normal Post-Winter Bounceback Or More?

Friday, July 28, 2017

The U.S. economy gained momentum in the second quarter as consumers and businesses picked up their spending. Gross domestic product grew at an annual rate of 2.6 percent.

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U.S. Economy Grew At 2.6 Percent Rate In 2nd Quarter

Friday, July 28, 2017

The economy staged a comeback from a tepid first quarter, but still fell short of the turbo-charged 3 percent growth rate promised by the Trump administration.

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Economic Growth Expected To Be Up In Latest Report

Friday, July 28, 2017

The government report on U.S. economic growth due Friday morning is expected to show a bounce-back in growth during April, May and June, after a sluggish start to the year.

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Why The 'Trump Bump' Hasn't Happened

Thursday, July 27, 2017

Friday's GDP report is expected to show a rebound from a weak first quarter. But the U.S. economy still isn't likely to sustain the 3 percent growth rate the Trump administration is promising.

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