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.

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The most expensive stock on the New York Stock Exchange just got a little more expensive. A Class A share of Berkshire Hathaway is now worth more than $200,000.

On Thursday, shares closed up $3,500 at $202,850. The Omaha, Neb.-based company has a market value of more than $333 billion.

Berkshire Hathaway is the company created and run by Warren Buffett for nearly five decades now. The conglomerate owns more than 80 firms, including Geico Insurance, BNSF Railway and Dairy Queen.

Overall, climate change is predicted to hurt agriculture around the world. It could even threaten corn production in the Corn Belt.

But in North Dakota conditions are now better for raising corn, and that's a big benefit for farmers.

When I was growing up in Wolford, N.D., up near the Canadian border, wheat was king. It had been the dominant crop since the prairie was first plowed in the late 1800s. So it was kind of strange to go back this summer and find Larry Slaubaugh, a local farmer, filling his 18-wheeler with corn from a huge steel grain bin.

Climate change is creating all kinds of challenges and opportunities for business. One of the sectors that feels the effects most immediately is agriculture. Already, weather patterns are making it more challenging to raise corn — even in Iowa — in the middle of the Corn Belt.

Seth Watkins raises corn and cattle in southern Iowa, and he recalls the memorable weather from 2012.

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As Iraq has been torn apart by sectarian violence, the country's Kurdish population has moved towards independence with income from oil.

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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. As NPR's John Ydstie reports, the anniversary is being marked by calls from some to repeal parts of the law.

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