John Ydstie

John Ydstie appears in the following:

Trade War Could Damage U.S. Consumers More Than China

Friday, March 23, 2018

Historically, both sides usually lose in trade wars. But, one side often loses more than the other. While China could be hurt by the Trump administration tariffs, U.S. consumers, companies and our allies could end up being damaged more.


Fed Raises Interest Rates Again As New Chairman Steps Into Spotlight

Wednesday, March 21, 2018

The central bank raised its key interest rate for the first time under Jerome Powell, announcing a quarter-percentage-point hike. Economists wonder if faster growth will mean more aggressive hikes.


What The Trump Administration Means When It Says Countries 'Cheat' On Trade

Tuesday, March 06, 2018

The accusation varies from country to country, but it often has to do with governments subsidies and protections that the U.S. says harms U.S. producers.


Trump Plan To Impose Tariffs On Steel, Aluminum Raises Trade War Fears

Thursday, March 01, 2018

The president promised steel and aluminum executives that he will levy tariffs on imports of their products in coming weeks. The tariffs will be 25 percent for steel and 10 percent for aluminum.


New Fed Chief Sees Interest Rates Continuing To Rise As Economy Strengthens

Tuesday, February 27, 2018

The central bank remains on track to boost rates gradually, Jerome Powell told Congress on Tuesday in his first testimony as Fed chairman. He said he has seen the economy picking up since December.


Economists Are Confident The Fed Will Keep Control Of Inflation

Monday, February 19, 2018

The whiff of inflation sent the stock market tumbling recently. Inflation data released last week did show a pick-up, but it's not yet clear that the increase will be sustained.


News Brief: Government Funding Lapses, Market Volatility, Syria

Friday, February 09, 2018

The federal government's funding lapsed after Sen. Rand Paul stalled a vote. Also, a look at recent swings in the stock market and how the fight against ISIS in Syria is getting more complicated.


Stock Market Continues Swing Downward

Friday, February 09, 2018

Stocks were down sharply on Thursday in a selloff that took the Dow Jones industrial average down more than 1,000 points.


Another Rout In The Stock Market, As Dow Drops More Than 1,000 Points

Thursday, February 08, 2018

Wall Street's roller coaster continued Thursday, with all the major stock indexes posting drops of about 4 percent amid inflation concerns. The market has now tumbled 10 percent from its recent peak.


After Hitting Record Low In December, African-American Unemployment Rate Rises

Friday, February 02, 2018

U.S. employers added 200,000 jobs to payrolls in January, a big improvement from December. The Labor Department report, released Friday morning, showed unemployment unchanged at 4.1%. But there was one surprise: African-American unemployment shot up after hitting a record low in December.


With Focus On Unemployment, Yellen Led Fed Through Tough Balancing Act

Wednesday, January 31, 2018

As she leaves the Fed's top job, Janet Yellen gets high marks for the way she resisted calls to raise interest rates as the economy began recovering. Instead, she was determined to boost job growth.


BlackRock CEO Says Companies Need To Do More Than Deliver Profits

Tuesday, January 16, 2018

Laurence Fink, CEO of the investment firm BlackRock, is telling other CEOs they need to do more than just deliver profits. In a letter published by The New York Times, Fink says companies must show how they are making positive contributions to society.


How Trump's Corporate Tax Cut Is Playing Out For Wal-Mart

Saturday, January 13, 2018

Companies like Wal-Mart say tax cuts are making it possible for them to boost wages. But other economic factors could also be contributing to pay increases.


Wal-Mart Says It Will Boost Wages, Give Bonuses With New Savings From Tax Law

Thursday, January 11, 2018

Wal-Mart plans to share part of its savings under the new tax law with its employees. The giant retailer announced today it is boosting its starting wage to $11 an hour and handing out bonuses to most of its employees.


Professors Suggest 'Baby Bonds' Could Fix Widening Inequality In The U.S.

Tuesday, January 09, 2018

"Baby Bonds" are back in the news. Two professors presented their idea to do something about widening inequality to an economics conference. They suggest creating an education trust fund for each newborn. The grants — ranging from $500 to $50,000 — would be on a sliding scale tied to household income.


Germany's Export Machine Draws Both Envy And Ire

Friday, January 05, 2018

Germany runs huge trade surpluses. The U.S. hasn't seen one in decades. President Trump accuses the Germans of cheating, without offering specifics. But a number of factors fuel German export prowess.


Robust Apprenticeship Program Key To Germany's Manufacturing Might

Thursday, January 04, 2018

Every year, about half a million young Germans enter the workforce through apprenticeship training programs. They provide a steady stream of highly qualified industrial workers.


How Germany Wins At Manufacturing — For Now

Wednesday, January 03, 2018

Manufacturing accounts for 24 percent of the German economy. In the U.S., it's only 11 percent. What makes German manufacturing so strong and resilient?


Fed Raises Interest Rates Again As Economy Rolls On

Wednesday, December 13, 2017

Policymakers increased a key rate for the third time this year. The quarter-point move indicates the Fed is confident in the economy as it continues to recover from the financial crisis.


Trump's Pick For Fed Signals Interest Rate Hike Likely Next Month

Tuesday, November 28, 2017

Jerome Powell's confirmation hearing went smoothly, putting him closer to being confirmed as the Federal Reserve's next chairman. He suggested he'll continue the policies pursued under Janet Yellen.