John Ydstie

John Ydstie appears in the following:

Big Ben's Big Bong Is About To Go Silent

Monday, August 14, 2017

The massive bell that sounds each hour in London is losing its voice. It is scheduled to be silenced for four years for restoration.

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North Korea Has Markets Nervous But Not Panicked

Friday, August 11, 2017

Heightened tensions between the U.S. and North Korea sparked a sell-off this week on global stock markets, but the drop is less you might have expected given the potential stakes.

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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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Federal Reserve Holds Interest Rates Steady

Wednesday, July 26, 2017

As expected, the Federal Reserve says it will hold interest rates in a range between 1 percent and 1.25 percent, while noting job gains have been solid and the labor market continues to strengthen.

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Trump Hopes To Lure Companies Back To The U.S.With Lower Tax Rates

Monday, May 29, 2017

A key part of Trump's tax plan is to repatriate corporate profits held overseas back to the U.S. The idea is that companies will free up overseas earnings and invest in jobs and equipment in the U.S.

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Trump's Tax Plan Renews Anxieties About Deficits And The Debt

Monday, May 15, 2017

One hurdle for President Trump's proposed tax cuts is the threat that they'll produce large budget deficits and balloon the U.S. debt. Prominent Republicans are already expressing great concern.

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Federal Reserve Leaves Interest Rates Unchanged

Wednesday, May 03, 2017

Central bank policymakers provided little guidance on the timing of a rate hike. They said slow growth in the first quarter it is likely transitory and that inflation is close to a goal of 2 percent.

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Trump's First 100 Days: Too Soon To Claim Big Job Gains?

Thursday, April 27, 2017

There's an argument to be made that presidents shouldn't take credit for a role in job creation until well into their first term. Trump touts 600,000 jobs created — about double the official count.

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Trump To Talk Tax Plan

Wednesday, April 26, 2017

President Trump plans to unveil more detail about his plan to change the tax code Wednesday. The administration reportedly plans to pursue tax cuts without offsetting the expected loss in revenue.

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Some Tax-Cut Backers Urge Trump To Drop Full Overhaul, Go For Quick Win

Thursday, April 20, 2017

Nearly 100 days into Trump's presidency, there are still big questions about what his proposed tax overhaul will include — and whether the large changes he had envisioned are even possible.

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Trump's Flip-Flops On Economics Move Policies Toward The Status Quo

Friday, April 14, 2017

President Trump is beating a path back toward the center on economic policy. Some economists think it may be due to influence from Trump advisers like Gary Cohn and Jared Kushner.

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Head Of The Federal Reserve Bank Of Richmond Resigns Over Improper Disclosure Of Information

Tuesday, April 04, 2017

Jeffrey Lacker, president of the Federal Reserve Bank of Richmond, has resigned effective immediately over his role in the improper disclosure of confidential information to a financial analyst.

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Trump's Draft Proposal Makes Tweaks To NAFTA

Thursday, March 30, 2017

During the election campaign President Trump threatened to pull out of NAFTA, which he called the worst trade deal in U.S. history. But he may take a more temperate approach.

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Federal Reserve Raises Interest Rates By 0.25 Percent

Wednesday, March 15, 2017

The Federal Reserve announced it has raised interest rates by 0.25 percent, and bank policymakers project at least two more rate increases this year. Chair Janet Yellen spoke with journalists about the Fed's reasoning.

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