Streams

John Ydstie

John Ydstie appears in the following:

Jobless Rate Dipped To 4.9 Percent In January

Friday, February 05, 2016

After a hiring spree in the final three months of 2015, U.S. employers added just 151,000 jobs last month.

Comment

Drop In Oil Prices Complicates Effort To Combat Climate Change

Thursday, January 28, 2016

Replacing fossil fuels with renewable energy to combat climate change will require trillions of dollars in investment. Cheap prices for fossil fuels are making that transition a bit more complicated.

Comment

Analysts: Markets May Be Underestimating U.S. Economic Resilience

Monday, January 25, 2016

Stock markets are often seen as a predictor of what's ahead for the economy. But some say this year's falling markets are crying wolf. "I think financial markets have overreacted," says one economist.

Comment

U.S. Stocks Fall Sharply As Oil Prices, China Spook Investors

Friday, January 15, 2016

China's slowdown and plummeting oil prices have investors spooked, and some are heading for the exits. There's concern the selloff in stocks signals tougher times ahead for the U.S. economy.

Comment

Amid Chinese Uncertainty, U.S. Economy Shows Strength With Jobs Report

Friday, January 08, 2016

After a frightening week for global financial markets, the U.S. economy showed real strength on Friday when the Labor Department released the December jobs report. It showed employers added 292,000 jobs, which is a strong number.

Comment

Wages Flat In Otherwise Strong December Jobs Report

Friday, January 08, 2016

The Labor Department on Friday reported the U.S. economy added 292,000 jobs in December, and the unemployment rate stayed at 5 percent. Wage growth continued to be weak, but 2016 should bring a boost.

Comment

Global Oil Prices Fall To 11-Year Low

Wednesday, January 06, 2016

Global oil prices dropped again, falling to an 11-year low on Wednesday as investors worried about weak demand for refined petroleum products. New government data show U.S. stockpiles of gasoline and distillates, including diesel fuel and heating oil, soared in recent days, offsetting a decline in crude supplies. Taken together, crude and refined products are now at a record high, and that glut is driving retail prices lower.

Comment

Despite Latest Saudi-Iran Conflict, Oil Prices Drop

Wednesday, January 06, 2016

Oil prices have declined even though tensions have risen between the 2 oil producers. That would have been unthinkable years ago. An oil glut due largely to U.S. production changed the price equation.

Comment

Buying A New Car Can Trim Your Carbon Footprint, But There's More To It

Monday, December 28, 2015

If you drive an older, less efficient vehicle, ever think about swapping it for a new, more efficient one? It's a good way to reduce your carbon footprint. But there are a lot of factors to consider.

Comment

Federal Reserve Raises Interest Rates For First Time In 9 Years

Wednesday, December 16, 2015

Federal Reserve policymakers raised benchmark interest rates Wednesday. It's the first time they have done so in nine and a half years.

Comment

Global Businesses Show Cautious Support For Climate Deal

Tuesday, December 15, 2015

Business groups around the world are studying the climate change agreement reached in Paris over the weekend. Many support the idea of taking steps to limit carbon emissions but are worried about how reductions will be implemented and enforced.

Comment

Federal Reserve Expected To Raise Interest Rates For First Time In 7 Years

Monday, December 14, 2015

The Federal Reserve has held interest rates at super low levels for years in an effort to bolster the economy, but it is expected to raise rates for the first time in seven years this week.

Comment

Volkswagen Promises To Compensate Diesel Car Owners For Lost Resale Value

Thursday, December 10, 2015

Volkswagen's top two executives faced reporters Thursday and explained what they had learned about the emissions scandal that looms over the company. They said the investigation revealed that no member of VW's two boards were involved, and that misconduct was limited to a small number of employees.

Comment

Compensation To VW Owners Will Include Loss Of Resale Value

Thursday, December 10, 2015

Volkswagen announced Thursday that owners of its diesel vehicles involved in the emissions scandal will be compensated for the loss of resale value of their cars.

Comment

November Jobs Report: Solid Growth

Friday, December 04, 2015

Employers added 211,000 jobs to payrolls last month, setting the stage for a Federal Reserve interest rate increase later this month.

Comment

Businesses Awaken To The Opportunities Of Action On Climate Change

Tuesday, December 01, 2015

Companies, once seen as an obstacle to or even an enemy of curbing emissions, now realize that tackling climate change can be good for their bottom line.

Comment

Pharmaceutical Companies Pfizer, Allergan To Merge In $160 Billion Deal

Monday, November 23, 2015

U.S. drug giant Pfizer and its rival Allergan have agreed to merge in order to lower its corporate taxes, creating the world's largest pharmaceutical company by sales.

Comment

U.S. Drug Giant Pfizer To Buy Ireland-Based Allergan

Monday, November 23, 2015

In one of the biggest health care mergers ever, Pfizer says it has clinched a deal to buy Allergan for over $150 billion. Pfizer says it plans to move its headquarters to Dublin to avoid U.S. taxes.

Comment

Volkswagen Offers Cash, Vouchers To Defrauded Diesel Owners

Monday, November 09, 2015

The German automaker is starting the process of making amends with its U.S. customer base. The company is offering $1,000 in cash and vouchers to owners of diesel vehicles implicated in the emissions scandal.

Comment

October Jobs Report Is Best Yet This Year

Friday, November 06, 2015

Employers added 271,000 jobs in October. The pace of hiring far exceeded expectations, and may increase chances that the Federal Reserve will hike interest rates at its next meeting.

Comment