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.

Pages

6:32pm

Tue November 4, 2014
Business

It's Still Too Early For Tanking Oil Prices To Curb U.S. Drilling

Ray Gerrish repairs a drilling rig near Watford City, N.D. Oil industry analysts predict that oil prices will have to remain low for at least several months before having a significant effect on U.S. production.
Jim Gehrz MCT/Landov

Oil prices fell again Tuesday, to just below $76 a barrel before recovering slightly — one day after Saudi Arabia cut prices for the crude it sells in the U.S. market.

During most of the last quarter-century, that would have been viewed as a very positive development for the U.S. economy. But oil production here has increased so quickly in the past several years, the continuing price drops pose a potential threat to U.S. oil producers.

Read more

4:55pm

Mon October 6, 2014
Law

Former Treasury Secretaries Head To Court For AIG Lawsuit

Originally published on Mon October 6, 2014 6:30 pm

Copyright 2014 NPR. To see more, visit http://www.npr.org/.

Transcript

ROBERT SIEGEL, HOST:

Read more

6:35am

Fri October 3, 2014
Business

New Jobs Report Is A Bounceback From Disappointing August

Originally published on Fri October 3, 2014 12:26 pm

Copyright 2014 NPR. To see more, visit http://www.npr.org/.

6:14pm

Wed October 1, 2014
Shots - Health News

Obamacare's First Year: How'd It Go?

Originally published on Thu October 2, 2014 10:44 am

In New Jersey in March, Dianna Lopez of the Center for Family Services (right) speaks with Betsy Cruz, of Camden, N.J., about health insurance coverage during an Affordable Care Act information session.
Lori M. Nichols South Jersey Times/Landov

Exactly one year ago, the Obamacare insurance exchanges stumbled into existence. Consumers struggled to sign up for its online marketplace — and the Obama administration was pummeled. Eventually, HealthCare.gov's problems were mostly fixed, and two weeks ago, the administration announced 7.3 million people have bought insurance through it so far this year.

So, was the health exchanges' first year a success — or something less?

Ask President Obama, and he says you measure the Affordable Care Act's success this way:

Read more

4:59pm

Tue September 23, 2014
Sports

Big Sponsors May Find It Hard To Break Up With The NFL

Originally published on Wed September 24, 2014 12:44 pm

Anheuser-Busch's 2014 Super Bowl commercial was titled "Puppy Love." The company is one of several big sponsors that have expressed concern with the NFL.
AP

NFL sponsors are not just advertisers; they're a select group of companies that together pay more than $1 billion a year to wrap their own brands in the NFL's aura.

Read more

5:20pm

Wed September 17, 2014
Economy

Fed Pledges To Keep Interest Rates Low For A While

Originally published on Wed September 17, 2014 6:03 pm

Copyright 2014 NPR. To see more, visit http://www.npr.org/.

Transcript

MELISSA BLOCK, HOST:

Read more

5:11pm

Mon September 15, 2014
Business

With Turmoil Roiling Abroad, Why Aren't Oil Prices Bubbling Up?

Originally published on Tue September 16, 2014 8:32 am

A soldier guards a pipe en route to the Kawergosk Refinery near Irbil, the capital of the autonomous Kurdish region of northern Iraq, in July. Fighting in northern Iraq forced the closure of the country's largest oil refinery, Baiji, and cut production from the Kirkuk oil field this summer.
Safin Hamed AFP/Getty Images

The price of oil has been falling — a drop that you may already have noticed at the pump. Gasoline prices have dropped noticeably since June, and oil is now well below $100 a barrel.

That decline has happened even as conflicts have flared in or near oil-producing regions. Normally, oil prices are expected to spike higher amid turmoil — so why have they been trending lower?

Read more

4:55am

Thu September 11, 2014
Business

Employer-Sponsored Health Costs Rose Modestly In 2014

Originally published on Thu September 11, 2014 8:24 am

Copyright 2014 NPR. To see more, visit http://www.npr.org/.

Transcript

STEVE INSKEEP, HOST:

Health care costs have been rising, but not rising as quickly as they used to. We just learned that the cost of employer-sponsored health insurance rose just 3 percent this year, fitting that trend.

Here's NPR's John Ydstie.

Read more

4:44pm

Fri September 5, 2014
Economy

A Disappointing Jobs Report May Mask Economy's Strength

Originally published on Fri September 5, 2014 8:39 pm

Jessica Pimentel fills out an application during a job fair in Sunrise, Fla. The latest employment numbers indicate a slowdown in job growth, but many economists are skeptical that the economy is weakening.
Alan Diaz AP

The latest employment numbers indicate a slowdown in job growth, but many economists aren't buying it.

The Bureau of Labor Statistics said Friday that only 142,000 jobs were added in August. That's way below what analysts had expected. And many economists don't think it represents the true strength of the U.S. economy.

Economists from across the country voiced skepticism about the government's data.

Read more

5:02am

Fri September 5, 2014
Economy

How Close Is The Economy To Full Employment?

Originally published on Fri September 5, 2014 11:55 am

Copyright 2014 NPR. To see more, visit http://www.npr.org/.

Pages