John Ydstie

John Ydstie has covered the economy, Wall Street and the federal budget for NPR for two decades. In recent years NPR has broadened his responsibilities, making use of his reporting and interviewing skills to cover major stories like the aftermath of 9/11, Hurricane Katrina and the Jack Abramoff lobbying scandal. His current focus is reporting on the global financial crisis. Ydstie is also a regular guest host on the NPR news programs Morning Edition, All Things Considered, Weekend Edition and Talk of the Nation.

During 1991 and 1992 Ydstie was NPR's bureau chief in London. He traveled throughout Europe covering, among other things, the breakup of the Soviet Union and attempts to move Europe toward closer political and economic union. He accompanied U.S. businessmen exploring investment opportunities in Russia as the Soviet Union was crumbling. He was on the scene in The Netherlands when European leaders approved the Maastricht Treaty, which created the European Union.

In August 1990, Ydstie traveled to Saudi Arabia for NPR as a member of the Pentagon press pool sent to cover the Iraqi invasion of Kuwait. During the early stages of the crisis, Ydstie was the only American radio reporter in the country.

Ydstie has been with NPR since 1979. For two years, he was an associate producer responsible for Midwest coverage. In 1982 he became senior editor on NPR's Washington Desk, overseeing coverage of the federal government, American politics and economics. In 1984, Ydstie joined Morning Edition as the show's senior editor, and later was promoted to the position of executive producer. In 1988, he became NPR's economics correspondent.

During his tenure with NPR, Ydstie has won numerous awards. He was a member of the NPR team that received the George Foster Peabody for its coverage of 9/11. Ydstie's reporting from Saudi Arabia helped NPR win the Alfred I. duPont-Columbia University Award in 1991 for coverage of the Gulf War. Prior to joining NPR, Ydstie was a reporter and producer at Minnesota Public Radio. While there, he was awarded the Clarion Award for his report "Vietnam Experience and America Today."

A graduate of Concordia College, in Moorhead, MN, Ydstie earned a bachelor of arts degree, summa cum laude, with a major in English literature and a minor in speech communications.

Ydstie was born in Minneapolis, and grew up in rural North Dakota.

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U.S.
5:06 pm
Wed March 4, 2015

A Ruling Against Obamacare Would Have Broad Implications

Supporters of the Affordable Care Act gather in front of the U.S Supreme Court during a rally Wednesday. The court heard arguments in the case and is expected to announce its decision in June.
Alex Wong Getty Images

Originally published on Wed March 4, 2015 8:29 pm

The Supreme Court heard arguments Wednesday in a case that could end Obamacare subsidies for policyholders in a majority of states, including Texas, Florida, Illinois, Pennsylvania and Ohio. If the court sides with the plaintiffs, it would mean millions of people could no longer afford health insurance.

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Business
6:48 pm
Thu February 19, 2015

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

An oil well in Garden City, Texas. With prices plunging, oil companies are laying off thousands of workers.
Spencer Platt Getty Images

Originally published on Thu February 19, 2015 8:13 pm

It's a painful time to be in the oil business. With the price of crude oil about half what it was six months ago, companies large and small are being pressured to cut costs.

On the front lines are oil services companies that do everything from drilling to providing electrical power at well sites. Hundreds of thousands of jobs are threatened as companies try to adjust.

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Energy
4:39 pm
Thu February 12, 2015

Low Oil Prices Great For Consumers, Less So For Investors

Originally published on Thu February 12, 2015 6:26 pm

Copyright 2015 NPR. To see more, visit http://www.npr.org/.

Transcript

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Economy
3:34 am
Mon February 9, 2015

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

Oil pumpjacks are seen in McKenzie County in western North Dakota. Cuts in production and energy company payrolls will cost the U.S. economy up to $150 billion, economist David Kotok of Cumberland Advisors projects.
Matthew Brown AP

Originally published on Mon February 9, 2015 8:48 am

Continued job growth has boosted prospects for the U.S. economy, but it continues to face some tricky crosswinds. The big drop in oil prices and a stronger dollar both help the economy and hurt it. Add to that the recent slowdown in global growth.

Lots of economists have suggested the big drop in oil prices is a gift to consumers that will propel the economy. David Kotok of Cumberland Advisors is one of them. He argues that cheaper oil will ultimately be a positive.

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Economy
5:28 pm
Fri February 6, 2015

U.S. Jobs Picture Finally Getting Back To Normal

Originally published on Sat February 7, 2015 2:24 pm

Copyright 2015 NPR. To see more, visit http://www.npr.org/.

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Economy
11:07 am
Fri February 6, 2015

Oil Industry Sees Layoffs, Even As Jobs Numbers Rise Elsewhere

Originally published on Fri February 6, 2015 11:25 am

Copyright 2015 NPR. To see more, visit http://www.npr.org/.

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U.S.
6:52 pm
Mon January 26, 2015

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

A herd of caribou begins the long trek across the Arctic plains in the Arctic National Wildlife Refuge.
Peter Mather SN/Landov

Originally published on Tue January 27, 2015 12:14 pm

President Obama says he will ask Congress to give wilderness status to protect more than 12 million acres of the Arctic National Wildlife Refuge. The president announced his intention Sunday in a video, describing the area as a pristine habitat with abundant wildlife.

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Economy
12:10 pm
Thu January 22, 2015

European Central Bank Launches Stimulus Plan

Originally published on Thu January 22, 2015 1:08 pm

Copyright 2015 NPR. To see more, visit http://www.npr.org/.

Economy
4:48 pm
Wed January 21, 2015

Middle Class Economics Dominate Obama's State Of The Union

Originally published on Wed January 21, 2015 8:00 pm

Copyright 2015 NPR. To see more, visit http://www.npr.org/.

Business
6:48 pm
Wed January 14, 2015

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

A pedestrian passes a currency exchange in London Jan. 5. The value of the U.S. dollar has risen about 15 percent against the euro since last summer.
Andy Rain EPA/Landov

Originally published on Wed January 14, 2015 8:17 pm

If you've traveled outside the U.S. recently, or sent your U.S.-made products abroad, you've probably noticed that the dollar is getting stronger. The stronger dollar is the sign of a healthier U.S. economy, but its strength has the potential to erode growth.

There are a number of factors behind the dollar's rise, says economist Jens Nordvig, a currency expert at Nomura Securities. The main one is the health of the U.S. economy.

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