John Ydstie

John Ydstie appears in the following:

Closing Arguments Begin In AIG Bailout Case

Wednesday, April 22, 2015

Closing arguments begin Wednesday in the American International Group bailout case. AIG shareholders claim the government overstepped its authority when it seized the company in a financial rescue.


When Rates Turn Negative, Banks Pay Customers To Borrow

Tuesday, April 14, 2015

European interest rates are being pushed so low — to less than zero — that some banks are paying borrowers to take loans. Such low rates are aimed at boosting Europe's economy, but there are risks.


Many Obamacare Policyholders Face Tax Surprises This Year

Tuesday, April 07, 2015

Depending on the size of the subsidy they got, some will get a bigger refund than expected and others will owe taxes.


March Employment Report Shows Growth — But Disappointing Numbers

Friday, April 03, 2015

Over the past year, the economy had added more than 200,000 jobs each month. That streak broke in the most recent report, as growth dipped to just 126,000 jobs — fewer than economists had anticipated.


Federal Reserve Says Job Market Conditions Have Improved

Wednesday, March 18, 2015

The Federal Reserve wrapped up a two-day policy meeting Wednesday, indicating in a statement that it is in no hurry to raise interest rates.


Analysts Mixed On Whether Strong U.S. Dollar Is Positive Or Negative

Thursday, March 12, 2015

A strong U.S. dollar is raising concerns that it may be too strong and cause problems for the U.S. economy. But many analysts say the positives of a strong dollar usually outweigh the negatives.


Economy Adds Almost 300K Jobs, Amid Another Strong Report

Friday, March 06, 2015

February's report showed 295,000 jobs added, and a drop in the unemployment rate, down to 5.5. percent. It follows on the heels of January's strong report, which showed strong wage gains.


A Ruling Against Obamacare Would Have Broad Implications

Wednesday, March 04, 2015

If the Supreme Court strikes down subsidies, millions of people could no longer afford health insurance. And premiums for others would rise dramatically, as healthier people leave the marketplace.


Yellen Lays Groundwork For Interest Rate Hike In 2015

Tuesday, February 24, 2015

In Washington on Tuesday, Federal Reserve Chair Janet Yellen delivered an upbeat assessment of the U.S. economy to members of the Senate Banking Committee.


As Oil Prices Tank, Firms Large And Small Feel The Pain

Thursday, February 19, 2015

Oil companies are laying off thousands of workers, and firms that provide services to support the industry — from drilling to seismic surveys — have been told they must slash costs to keep working.


Low Oil Prices Great For Consumers, Less So For Investors

Thursday, February 12, 2015

Much of the oil industry is gathered in Houston this week for an annual conference that serves as a deal-making forum for producers large and small. Deals may be harder to reach this year because there is so much uncertainty about the price of oil.


Oil Price Dip, Global Slowdown Create Crosscurrents For U.S.

Monday, February 09, 2015

The big drop in oil prices is a gift to consumers that should propel the U.S. economy, analysts say. But those lower prices are hurting the energy sector and consumers continue to be cautious.


Oil Industry Sees Layoffs, Even As Jobs Numbers Rise Elsewhere

Friday, February 06, 2015

The energy sector is laying off workers, as falling oil prices have slowed drilling. Analysts are sifting through the January employment report, which showed American employers added 257,000 jobs.


Economists Expect Data To Show A Pullback In Job Creation

Friday, February 06, 2015

The energy sector has started laying off workers as oil prices drop. Analysts will sift through the government's monthly employment report to see what affect that's having on U.S. job creation.


Obama's Arctic Refuge Drill Ban Won't Change Much, For Now

Monday, January 26, 2015

Oil industry representatives are criticizing the decision, but analysts say the shale revolution will buy the industry time to develop safe technology in the threatened environment.


European Central Bank To Try Its Hand At Quantitative Easing

Thursday, January 22, 2015

The European Central Bank will begin buying up Eurozone country government bonds in a bid to stimulate Europe's flagging economy. The Federal Reserve implemented a similar program after the 2008 financial crisis, and it is credited with helping to keep the U.S. economy on track.


European Central Bank Launches Stimulus Plan

Thursday, January 22, 2015

The ECB will begin buying up eurozone member government bonds in a bid to stimulate Europe's flagging economy. America's Federal Reserve had a similar program that aided recovery from its 2008 crisis.


Middle Class Economics Dominate Obama's State Of The Union

Wednesday, January 21, 2015

President Obama wants to expand an existing tax credit for child care and create a new one for families with two working spouses. He also wants to make two years of community college free and expand access to retirement savings programs.


U.S. Should End Its Export Ban On Crude Oil, Study Says

Tuesday, January 20, 2015

The Center on Global Energy Policy says lifting the ban, which was put in place during the Arab oil embargoes of the 1970s, would help producers, consumers and improve U.S. security.


Dollar's Rise Is Good News For The U.S., For Now

Wednesday, January 14, 2015

The dollar's value keeps climbing. That's a sign of a healthy economy, especially compared with some of America's biggest trading partners — but it also has the potential to slow U.S. economic growth.