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.

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

Transcript

KELLY MCEVERS, HOST:

The idea of crowdfunding, raising money from lots of people on the Internet, got a boost from Washington on Friday. The Securities and Exchange Commission approved a system that allows small businesses and startups to solicit funding from small investors.

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

Transcript

ROBERT SIEGEL, HOST:

The first thing to realize about financial advice is that it's not free — and it often costs more than you think. That's what Morra Aarons-Mele found when she decided to find a financial adviser after she inherited an IRA from her father.

"I felt like I wanted an adviser because I was uncertain about — I never had any money before, frankly, and I really wanted to be a good steward of it," Aarons-Mele says.

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

Transcript

AUDIE CORNISH, HOST:

Volkswagen has for decades been one of the most recognizable brands in the world. Only recently, it outsold Toyota and General Motors to become the No. 1 car company globally.

After admitting it cheated on emissions testing, VW is virtually certain to lose that top spot. VW top managers, in their single-minded quest to be the leader, very likely sowed the seeds of the company's downfall, analysts say.

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

Transcript

RENEE MONTAGNE, HOST:

And in other news, as an employer in Germany, Volkswagen is about as big as it gets. And a big worry now is whether VW's emissions scandal will drag down Germany's entire economy. Here's NPR's John Ydstie.

Cybercrime is costing the global economy nearly half a trillion dollars a year, according to the insurer Allianz. It's a major threat to businesses, which are looking for ways to protect themselves. One option is cybercrime insurance.

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

Transcript

KELLY MCEVERS, HOST:

We're going to check in now on today's developments in the Volkswagen emissions scandal.

ARI SHAPIRO, HOST:

First, the VW board appears ready to name a new CEO.

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

Pages