John Ydstie http://wgcu.org en What Do The New Obamacare Rulings Mean For People Getting Subsidies? http://wgcu.org/post/what-do-new-obamacare-rulings-mean-people-getting-subsidies <div class="fullattribution">Copyright 2014 NPR. To see more, visit http://www.npr.org/.<img src="http://www.google-analytics.com/__utm.gif?utmac=UA-5828686-4&utmdt=What+Do+The+New+Obamacare+Rulings+Mean+For+People+Getting+Subsidies%3F&utme=8(APIKey)9(MDAxODM0MTAzMDEyMTY4NDEzNjUxZmMzYQ004)"/></div><p>Transcript <p>RENEE MONTAGNE, HOST: <p>Clouding the future of the Affordable Care Act - two conflicting court rulings. Within hours of each other yesterday, U.S. Wed, 23 Jul 2014 08:49:55 +0000 John Ydstie 12660 at http://wgcu.org GOP Marks Dodd-Frank's 4th Birthday With Calls For Repeal http://wgcu.org/post/gop-marks-dodd-franks-4th-birthday-calls-repeal Transcript <p>AUDIE CORNISH, HOST: <p>Four years ago today, President Obama signed a massive overhaul of the nation's financial laws, The Dodd-Frank Wall Street Reform and Consumer Protection Act. The law was a response to the Wall Street bailouts and regulatory failings that sparked the financial crisis and caused the great recession. Mon, 21 Jul 2014 20:28:00 +0000 John Ydstie 12584 at http://wgcu.org Despite Brightening Signs, Fed Is Likely To Stay The Course http://wgcu.org/post/despite-brightening-signs-fed-likely-stay-course Transcript <p>AUDIE CORNISH, HOST: <p>From NPR News, this is ALL THINGS CONSIDERED. I'm Audie Cornish.<p>ROBERT SIEGEL, HOST: <p>And I'm Robert Siegel. Twice a year the head of the Federal Reserve is required to report to Congress on how the U.S. economy is doing, and for the last several years the people who listen in on this testimony have strained their ears for any hint of whether interest rates might be going up. Tue, 15 Jul 2014 20:58:00 +0000 John Ydstie 12395 at http://wgcu.org In May Jobs Report, A Milestone: A Return To Pre-Recession Levels http://wgcu.org/post/may-jobs-report-milestone-return-pre-recession-levels The May jobs report showed steady job creation. Payrolls expanded by 217,000, and unemployment held steady at 6.3%. And there was a milestone: The U.S. economy now has slightly more jobs than it did in December 2007, when the last recession began. Fri, 06 Jun 2014 20:13:00 +0000 John Ydstie 11111 at http://wgcu.org New Pollution Rules Leave Utilities Frustrated, As Details Remain Up In Air http://wgcu.org/post/new-pollution-rules-leave-utilities-frustrated-details-remain-air The Obama administration has proposed rules for limiting greenhouse gases, but many of the details must still be set by states, leaving utilities unsure about specifics they'll be expected to achieve. Wed, 04 Jun 2014 20:08:00 +0000 John Ydstie 11018 at http://wgcu.org Study Questions Need For Employer Health Care Requirement http://wgcu.org/post/study-questions-need-employer-health-care-requirement When the Affordable Care Act was unveiled, business groups railed against the provision that requires companies with 50 or more employees to provide health insurance for their full-time workers.<p>The Obama administration responded by pushing back the deadline for the coverage, so it hasn't yet taken effect. Wed, 28 May 2014 20:58:00 +0000 John Ydstie 10798 at http://wgcu.org Study Questions Need For Employer Health Care Requirement The Merits Of Income Inequality: What's The Right Amount? http://wgcu.org/post/merits-income-inequality-whats-right-amount Income inequality is a big problem, many economists agree. But they also say some level of inequality is necessary for capitalism to work.<p>Inequality in the U.S. has risen to levels not seen since the 1920s. The top 1 percent pocket more than 20 percent of the nation's income, and the 400 richest people in the country own more wealth than everyone in the bottom 50 percent.<p>That's not healthy for the society or the economy, says Branko Milanovic, an economist at the City University of New York Graduate Center. Sun, 18 May 2014 09:29:00 +0000 John Ydstie 10443 at http://wgcu.org The Merits Of Income Inequality: What's The Right Amount? Positive April Jobs Report Blows Past Expectations http://wgcu.org/post/positive-april-jobs-report-blows-past-expectations Transcript <p>AUDIE CORNISH, HOST: <p>From NPR News, this is ALL THINGS CONSIDERED. I'm Audie Cornish.<p>ROBERT SIEGEL, HOST: <p>And I'm Robert Siegel. U.S. employers were in a hiring mood in April. That's the takeaway from the government's monthly jobs report released today. It shows 288,000 jobs added to payrolls. That's the biggest monthly job growth in nearly two and a half years. Fri, 02 May 2014 20:21:00 +0000 John Ydstie 9938 at http://wgcu.org Slow Growth For U.S. Economy, But Fed Plans Are Full Speed Ahead http://wgcu.org/post/slow-growth-us-economy-fed-plans-are-full-speed-ahead The economy slowed sharply in the first quarter, with data released Wednesday showing that growth was barely positive. Federal Reserve policymakers wrapped up a meeting Wednesday with a statement saying the economy had actually picked up a bit in recent weeks. They voted unanimously to continue winding down their stimulus program. <div class="fullattribution">Copyright 2014 NPR. Wed, 30 Apr 2014 20:00:00 +0000 John Ydstie 9865 at http://wgcu.org In March Jobs Report, Market Awakens From A Winter Swoon http://wgcu.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 8994 at http://wgcu.org Health Care Law Helps Entrepreneurs Quit Their Day Jobs http://wgcu.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 8195 at http://wgcu.org Health Care Law Helps Entrepreneurs Quit Their Day Jobs February Jobs Numbers Give Some Economists Reason To Smile http://wgcu.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 8028 at http://wgcu.org Meeting Minutes Show Human Side To Fiscal Crisis http://wgcu.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 21:05:00 +0000 John Ydstie 7603 at http://wgcu.org Fed Chair Promises Continuity Before Congress http://wgcu.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 22:08:00 +0000 John Ydstie 7265 at http://wgcu.org Reining In Health Care Costs Key To Trimming Deficit http://wgcu.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 7070 at http://wgcu.org Is Obamacare A Job Killer? New Estimates Suggest It Might Be http://wgcu.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 23:00:00 +0000 John Ydstie 7033 at http://wgcu.org After Overcoming Early Obstacles, Yellen Assumes Fed's Top Job http://wgcu.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 22:33:00 +0000 John Ydstie 6911 at http://wgcu.org After Overcoming Early Obstacles, Yellen Assumes Fed's Top Job A Fond Farewell To Fed Chairman Ben http://wgcu.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 6844 at http://wgcu.org Bernanke's Fed Legacy: A Tenure Full Of Tough Decisions http://wgcu.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 6731 at http://wgcu.org Bernanke's Fed Legacy: A Tenure Full Of Tough Decisions Year In Numbers: The Federal Reserve's $85 Billion Question http://wgcu.org/post/year-numbers-federal-reserves-85-billion-question Many economists and investors think there's a good chance that at the end of their two-day meeting that begins Tuesday, Federal Reserve policymakers will announce that they'll begin reducing their $85 billion monthly stimulus, their third round of quantitative easing, or QE3.<p>The analysts think recent economic data, like a drop in the unemployment rate to 7 percent and a budget deal in Washington, have brightened the outlook for the economy enough that the Fed can pull back.<p>But there's another troubling number that could make Fed policymakers stand pat, says University of Chicago professo Tue, 17 Dec 2013 08:16:00 +0000 John Ydstie 5541 at http://wgcu.org Year In Numbers: The Federal Reserve's $85 Billion Question