John Ydstie

John Ydstie appears in the following:

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.


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.


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.


$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.


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.


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.


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.


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...