Streams

John Ydstie

John Ydstie appears in the following:

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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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Economists Expect Strong Job Growth In December

Friday, January 09, 2015

There's more than the usual level of interest in this data. It will provide data on the final month of 2014 and it will show whether the strength recorded in November was the start of something big.

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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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