Streams

John Ydstie

John Ydstie appears in the following:

Candidates Want To Raise The Economic Tide To Lift Opportunity, But How?

Friday, September 23, 2016

Both Hillary Clinton and Donald Trump talk about increasing opportunities for coming generations. Some analysts say boosting economic growth would help, but the way there is complicated.

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As U.S. Economy Grows, Many Americans Struggle To Face Trade-Offs

Friday, September 23, 2016

Many economists say stronger growth is a reliable path toward boosting opportunity. But they also agree that many Americans are not ready to face the trade-offs that come with a more dynamic economy.

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Fed Keeps Benchmark Interest Rate, But Still Expects Increase

Wednesday, September 21, 2016

Fed Chair Janet Yellen says that although job growth is rebounding, she sees no inflation threat and no hurry to raise rates. The Fed is not likely to do so before the presidential election.

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U.S. Census Report: Household Incomes Rise In 2015

Tuesday, September 13, 2016

Household incomes were up sharply in 2015, according to a report released today by the U.S. Census Bureau. Median family income climbed 5.2 percent to $56,516 a year. That's the biggest increase in nearly 50 years.

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Why Your Facebook Habit At Work Makes Economists Worry

Monday, September 05, 2016

Productivity, a key measure of the economy's health, has been growing more slowly in recent years. Can Facebook and other social media distractions on the job be partly to blame?

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U.S. Job Growth Fails To Meet Expectations In August

Friday, September 02, 2016

Employers added 151,000 jobs in August, which is somewhat disappointing. Most economists were expecting about 180,000 new jobs. The unemployment rate held at 4.9 percent for the third straight month. Many analysts are now saying job growth is slow enough to keep the Federal Reserve from raising interest rates in September.

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Latest Jobs Report To Play A Role In Interest Rate Decision

Friday, September 02, 2016

The Labor Department releases its August jobs report on Friday. Most economists predict a net increase of 180,000 jobs — a good number that likely will allow the unemployment rate to tick lower.

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Justice Department Moves To Block 2 Health Insurance Mergers

Thursday, July 21, 2016

The Justice Department and a number of states filed suit today to block two big mergers in the health insurance industry. Anthem was planning to acquire Cigna, and Aetna sought to buy Humana. Justice Department officials said they had no doubt the mergers would reduce competition and hurt consumers.

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Amid Craft Brewery Boom, Some Worry About A Bubble — But Most Just Fear Foam

Friday, July 01, 2016

Fueled by customers' unquenchable thirst for the next great flavor note, the craft beer industry has exploded like a poorly fermented bottle of home brew.

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VW Owners Mull Options After Carmaker Settles Emissions Scandal Case

Wednesday, June 29, 2016

Under the terms of the nearly $15 billion deal announced on Tuesday, Volkswagen will spend up to $10 billion to fix or buy back cars of nearly 500,000 owners.

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$15 Billion Settlement Proposed In Volkswagen Emissions Scandal

Tuesday, June 28, 2016

Two-thirds of the sum will be set aside to compensate U.S. owners of nearly 500,000 VW diesel cars. The company will also pay $2.7 billion into an environmental remediation fund.

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Jobs Growth Slows Dramatically In May

Friday, June 03, 2016

The Labor Department says in May, employers added just 38,000 workers to payrolls. Economists surveyed by The Wall Street Journal had forecast the report would show 158,000 new jobs. The unemployment rate fell to 4.7 percent, but only because so many people dropped out of the workforce. Forecasters had expected the unemployment rate to hold steady at 5 percent.

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Mixed Employment News: Job Growth Slowed In May; Joblessness Dropped

Friday, June 03, 2016

Job growth was at a crawl in May, according to the government's monthly report released Friday; only 38,000 new jobs were added to payrolls. But unemployment fell to it's lowest level since 2007.

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Is The Economy Adding Jobs At A Steady Clip? Report Will Offer A Clue

Friday, June 03, 2016

On Friday, the Labor Department releases May's jobs report. It's the final report before the Federal Open Market Committee's next meeting, at which some expect the federal funds rate will be raised.

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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.

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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.

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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.

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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.

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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.

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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.

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