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John Ydstie

John Ydstie appears in the following:

Congressional Republicans Take Another Swing At Obamacare

Thursday, January 08, 2015

The House passed a bill Thursday that would make a change in the Affordable Care Act. It would raise the law's definition of full-time work from 30 hours to 40 hours a week.

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Trend Of Falling Gas Prices Expected To Continue

Tuesday, January 06, 2015

On New Year's Day, the national average for a gallon of regular gasoline was $2.23. That's the average though, and many stations are selling gas at under $2 a gallon.

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Economy Weathers A Bad Winter And Other Storms To Finish 2014 Strong

Thursday, December 25, 2014

Early in 2014, the economy was floored by the polar vortex — plus, businesses and consumers were dazed by a government shutdown and debt limit fight. But it rebounded, and analysts are optimistic.

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Fed: Interest Rates Could Rise As Early As May 2015

Wednesday, December 17, 2014

After a two-day meeting, Federal Reserve policymakers say they will be "patient" before starting to raise interest rates from historically low levels.

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Ruble's Troubles Tied To Falling Oil Prices, International Sanctions

Tuesday, December 16, 2014

The world benchmark for oil fell below $60 on Tuesday. Russia's Central Bank hiked interest rates in a bid to support the plummeting ruble, but had little success.

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Low Gas Prices Expected To Continue As Crude Oil Drops To $58 A Barrel

Friday, December 12, 2014

The price of oil fell again on Friday morning. The price of West Texas Intermediate, the U..S. benchmark, dipped below $60 a barrel after news the International Energy Agency had cut its demand forecast for 2015.

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Controversial Budget Bill Would Roll Back Dodd-Frank Provision

Thursday, December 11, 2014

The House is expected to vote Thursday on a spending bill designed to avert another government shutdown. Among the controversies: a rollback of the Dodd-Frank financial market regulatory overhaul. Banks have lobbied to get rid of a provision requiring them to "push out" derivatives trading.

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Black Congressional Staffers Stage Walk Out Over Grand Jury Decisions

Thursday, December 11, 2014

A group of black Congressional staffers staged a protest and walked out of the Capitol on Thursday. They were protesting recent grand jury decisions not to indict police officers who killed unarmed black men.

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'Blockbuster' Jobs Report Shows 321,000 Added To Payrolls

Friday, December 05, 2014

Previous months were revised upward and hourly wages climbed higher. All this has analysts wondering if the economy has finally kicked into a higher gear.

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November Jobs Report Shows Steady Growth

Friday, December 05, 2014

The unemployment rate held steady last month at 5.8 percent. And employers added 321,000 jobs to payrolls, far above expectations.

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Holiday Shoppers Are Filling Their Carts, Online

Tuesday, December 02, 2014

In-store purchases on Black Friday fell this year, but online sales have seen a big increase. Easy comparison shopping and widespread free shipping have sweetened the deal for many online shoppers.

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Obamacare 'Glitch' Puts Subsidies Out Of Reach For Many Families

Tuesday, December 02, 2014

The health care law gives subsidies to those whose employers' insurance isn't affordable, but that's based on the cost of worker-only coverage. Adding family to a plan can send prices out of reach.

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Business Groups Argue EPA's Plan Will Have Economic Consequences

Thursday, November 27, 2014

Major business groups are reacting skeptically to a proposal from the Environmental Protection Agency to reduce ozone pollution. Since 1980, ozone pollution has fallen by a third.

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HealthCare.gov Head Says Site Is Tested And 'Ready To Go'

Friday, November 14, 2014

Open enrollment in Obamacare resumes Saturday. While no one expects a repeat of last year's disastrous launch, millions of people will be trying to renew coverage or sign up for the first time.

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Banking Giants Settle Currency Manipulation Charges

Wednesday, November 12, 2014

Six banks, including Citigroup, Bank of America and J.P. Morgan Chase, will pay regulators more than $4 billion to settle charges they manipulated the currency exchange market to boost profits.

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October Jobs Data Show Solid Employment Growth

Friday, November 07, 2014

The economy added 214,000 jobs in October, less than the 248,000 produced in September, but just enough to continue pushing the unemployment rate down.

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It's Still Too Early For Tanking Oil Prices To Curb U.S. Drilling

Tuesday, November 04, 2014

The U.S. is now the world's largest oil producer, and some worry that falling prices could mean an industry slowdown. But with production costs also falling, drillers are unlikely to cut back soon.

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Federal Reserve Votes To End Quantitative Easing

Wednesday, October 29, 2014

Federal Reserve policymakers voted Wednesday to end a giant bond-buying stimulus program that's been in place in one form or another for the last six years.

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AIG Lawsuit Presents Different Versions Of 2008 Bailout

Friday, October 10, 2014

Ben Bernanke, Hank Paulson and Tim Geithner were in court this week defending the actions they took six years ago when they set the terms for the government's bailout of insurance giant AIG.

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Former Treasury Secretaries Head To Court For AIG Lawsuit

Monday, October 06, 2014

Henry Paulson, Timothy Geithner and former Federal Reserve Chairman Ben Bernanke will all testify in a case that stems from the government's bailout of insurance giant, AIG.

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