John Ydstie http://wnku.org en In March Jobs Report, Market Awakens From A Winter Swoon http://wnku.org/post/march-jobs-report-market-awakens-winter-swoon The U.S. economy added 192,000 jobs in March, according to data released this morning. The unemployment rate refused to budge, though, holding steady at 6.7 percent. Fri, 04 Apr 2014 20:30:00 +0000 John Ydstie 34202 at http://wnku.org Health Care Law Helps Entrepreneurs Quit Their Day Jobs http://wnku.org/post/how-health-care-law-could-spur-new-businesses The Affordable Care Act — which many see creating challenges for businesses — could benefit a particular group of business people: entrepreneurs.<p>Joshua Simonson was reluctant to give up his job at a Portland, Ore., area grocery store, New Seasons Market, which he says had provided excellent health care for him and his family. Wed, 12 Mar 2014 20:59:00 +0000 John Ydstie 33331 at http://wnku.org Health Care Law Helps Entrepreneurs Quit Their Day Jobs February Jobs Numbers Give Some Economists Reason To Smile http://wnku.org/post/february-jobs-numbers-give-some-economists-reason-smile Transcript <p>AUDIE CORNISH, HOST: <p>From NPR News, this is ALL THINGS CONSIDERED. I'm Audie Cornish.<p>MELISSA BLOCK, HOST: <p>And I'm Melissa Block. There was some positive economic news today. Job growth in February was stronger than expected. The government monthly employment report showed 175,000 jobs were added to the economy last month. There were also upward revisions for December and January. Fri, 07 Mar 2014 21:09:00 +0000 John Ydstie 33144 at http://wnku.org Meeting Minutes Show Human Side To Fiscal Crisis http://wnku.org/post/meeting-minutes-show-human-side-fiscal-crisis Transcript <p>AUDIE CORNISH, HOST: <p>The Federal Reserve today released transcripts of its meetings in 2008, back when the financial crisis was unfolding. The documents show Fed policymakers struggling to understand and respond to failing Wall Street banks and the global financial system in turmoil. NPR's John Ydstie has been reading through the transcripts and joins us now. Hey there, John.<p>JOHN YDSTIE, BYLINE: Hi, Audie.<p>CORNISH: So we've had these minutes, at least, right, from most of these meetings for years. Fri, 21 Feb 2014 21:21:00 +0000 John Ydstie 32682 at http://wnku.org Fed Chair Promises Continuity Before Congress http://wnku.org/post/fed-chair-promises-continuity-congress Transcript <p>MELISSA BLOCK, HOST: <p>From NPR News, this is ALL THINGS CONSIDERED. I'm Melissa Block.<p>ROBERT SIEGEL, HOST: <p>And I'm Robert Siegel.<p>Janet Yellen made her first appearance on Capitol Hill today as the new leader of the Federal Reserve. Her message was clear. There will be no sudden changes in Fed policy. As NPR's John Ydstie reports, Yellen said the central bank is likely to keep pulling back its big stimulus program despite concerns about the economy.<p>JOHN YDSTIE, BYLINE: It was a long day for Janet Yellen. Tue, 11 Feb 2014 22:26:00 +0000 John Ydstie 32327 at http://wnku.org Reining In Health Care Costs Key To Trimming Deficit http://wnku.org/post/reining-health-care-costs-key-trimming-deficit The Congressional Budget Office earlier this week said this year's deficit is likely to be about one-third the size it was in 2009, when the Great Recession bottomed out. A recovering economy is the main reason for the deficit's improvement, but moderating health care costs have also contributed.<p>Harvard economist and health policy specialist David Cutler says getting the federal government's finances under control is all about health care.<p>"A fairly accurate summary of the federal budget is that the U.S. Thu, 06 Feb 2014 09:23:00 +0000 John Ydstie 32113 at http://wnku.org Is Obamacare A Job Killer? New Estimates Suggest It Might Be http://wnku.org/post/obamacare-job-killer-new-estimates-suggest-it-might-be A new front has opened in the political battle over the Affordable Care Act, with Tuesday's release of the Congressional Budget Office's annual budget and economic outlook. The economists updated an earlier estimate about how many workers would leave the workforce because they no longer needed a job to have health care coverage — revising upward from 800,000 people to over 2 million people. Republicans pounced on the higher number, and President Obama now finds himself playing defense. Tue, 04 Feb 2014 23:08:00 +0000 John Ydstie 32070 at http://wnku.org After Overcoming Early Obstacles, Yellen Assumes Fed's Top Job http://wnku.org/post/after-overcoming-early-obstacles-yellen-assumes-feds-top-job Ben Bernanke hands over the reins at the Federal Reserve to Janet Yellen on Friday. The Fed's vice chairwoman will be the first female ever to lead the nation's central bank. It's a position many view as the second most powerful in the country.<p>The world of central banking is largely a man's world. But Yellen has been undeterred by such barriers since she was in high school in Brooklyn. Charlie Saydah, a former classmate, says she was probably the smartest kid in the class. Fri, 31 Jan 2014 22:46:00 +0000 John Ydstie 31932 at http://wnku.org After Overcoming Early Obstacles, Yellen Assumes Fed's Top Job A Fond Farewell To Fed Chairman Ben http://wnku.org/post/fond-farewell-fed-chairman-ben Transcript <p>AUDIE CORNISH, HOST: <p>Ben Bernanke steps down this week as chairman of the Federal Reserve. The new chair, Janet Yellen, will take over on Saturday. After a two-day meeting, the message today from Fed policymakers was simple: Stay the course. The Fed released a statement saying it will continue dialing-back its stimulus.<p>NPR's John Ydstie has more on that decision and Bernanke's legacy.<p>JOHN YDSTIE, BYLINE: Fed policymakers said they will reduce their monthly stimulus by another $10 billion. Wed, 29 Jan 2014 22:30:00 +0000 John Ydstie 31856 at http://wnku.org Bernanke's Fed Legacy: A Tenure Full Of Tough Decisions http://wnku.org/post/bernankes-fed-legacy-tenure-full-tough-decisions Federal Reserve Chairman Ben Bernanke will preside over his last Fed policy-making meeting on Tuesday and Wednesday. Mon, 27 Jan 2014 08:31:00 +0000 John Ydstie 31732 at http://wnku.org Bernanke's Fed Legacy: A Tenure Full Of Tough Decisions