
John Ydstie
John Ydstie has covered the economy, Wall Street, and the Federal Reserve at NPR for nearly three decades. Over the years, NPR has also employed Ydstie's reporting skills to cover major stories like the aftermath of Sept. 11, Hurricane Katrina, the Jack Abramoff lobbying scandal, and the implementation of the Affordable Care Act. He was a lead reporter in NPR's coverage of the global financial crisis and the Great Recession, as well as the network's coverage of President Trump's economic policies. Ydstie has also been a guest host on the NPR news programs Morning Edition, All Things Considered, and Weekend Edition. Ydstie stepped back from full-time reporting in late 2018, but plans to continue to contribute to NPR through part-time assignments and work on special projects.
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 was one of the first reporters on the scene after Saddam Hussein's Iraqi army invaded Kuwait. He accompanied U.S. troops to Saudi Arabia as a member of the Pentagon press pool sent to cover the Iraqi invasion for U.S. media outlets.
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 Award for its coverage of Sept. 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. In 2016, Ydstie received a Gerald Loeb Award for financial reporting for his contributions to an NPR series on financial planning.
Prior to joining NPR, Ydstie was a reporter and producer at Minnesota Public Radio. Ydstie is a graduate of Concordia College in Moorhead, Minnesota, where he is now on the Board of Regents. He 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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President Trump has named Federal Reserve Gov. Jerome Powell to head the U.S. central bank. If confirmed by the Senate he will succeed Janet Yellen, the first woman to serve in the Fed's top post.
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President Trump has named Federal Reserve Gov. Jerome Powell to head the U.S. central bank. If confirmed by the Senate he will succeed Janet Yellen, the first woman to serve in the Fed's top post.
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President Trump could ask Janet Yellen to stay on as Fed chair, but other names are also circulating. Will the next chief lead the central bank to boost rates more quickly than currently planned?
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Farmers say exports are a crucial part of their business and they're warily watching as the Trump administration pushes to remake the long-standing trade agreement with Canada and Mexico.
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The U.S. economy gained momentum in the second quarter as consumers and businesses picked up their spending. Gross domestic product grew at an annual rate of 2.6 percent.
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President Trump has suggested an import tax of up to 45 percent on goods made by U.S. firms overseas. But it's illegal to single out individual companies and it's unclear what form the tax would take.
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A big part of Donald Trump's proposed tax cut would go to corporations. The president-elect says that will fuel investment and growth; critics say the plan would explode the federal budget deficit.
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Donald Trump has been elected the 45th president of the United States. Trump crossed the 270 electoral vote threshold at 2:31 a.m. ET with a victory in Wisconsin, according to AP projections.
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While Donald Trump campaigned for the presidency, he repeatedly said he would get rid of the Affordable Care Act. What will happen to Obamacare? Also, we monitor how financial markets are doing.
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Immigration was a big issue in the presidential race. Now that Donald Trump has been elected, will he carry through with promises? And, financial markets began the day lower on news Trump would win.