John Ydstie

John Ydstie appears in the following:

U.S. Unemployment Dips Below 4 Percent For The First Time In More Than 17 Years

Friday, May 04, 2018

The nation's unemployment rate fell below 4 percent for the first time in more than 17 years. That's according to the government's monthly employment report released Friday. Employers added 164,000 workers to payrolls.


U.S. Economic Growth Slowed To 2.3 Percent

Friday, April 27, 2018

Consumers didn't keep up with the blistering pace of spending, which meant slower economic growth. But recently, growth has tended to pick up momentum later in the year.


Interest Rate Rise Unsettles Stock Investors; Dow Falls 425 Points

Tuesday, April 24, 2018

For the first time in four years, the rate on the 10-year U.S. Treasury note crossed 3 percent. While it signals a stronger economy, it makes bonds more attractive investments, undermining stocks.


Protection For The Steel Industry Is As Old As America

Tuesday, April 24, 2018

The U.S. steel industry has enjoyed protection from foreign competitors since the 1790s. It says new import tariffs are actually just leveling the playing field and shouldn't be labeled "protection."


As Threats Of Additional Tariffs Continue, China Says U.S. Demands Are Unreasonable

Wednesday, April 04, 2018

China responded to a U.S. threat of additional tariffs with a long list of its own. The two sides will likely spend the next few months trying to negotiate a solution that will avert a trade war.


China Imposes Tariffs On Long List Of U.S. Produced Goods

Monday, April 02, 2018

China has imposed tariffs on a long list of U.S. produced goods in retaliation to U.S. imposed tariffs on Chinese steel and aluminum. Beijing's list is long on fruits and nuts, but also includes pork products and some manufactured goods.


U.S. Economy Grew At A Faster Pace Than Earlier Thought

Wednesday, March 28, 2018

The Commerce Department revises its growth estimate upward to 2.9 percent for the fourth quarter. Consumer spending helped fuel the faster pace, but import purchases subtracted from growth.


Talks Ease Concerns Over Potential Trade War With China

Tuesday, March 27, 2018

The U.S. stock market rocketed higher as fears of a possible trade war with China eased. The two countries have begun talks aimed at avoiding tit-for-tat sanctions that could damage both sides.


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.