Marilyn Geewax

Marilyn Geewax is a senior editor, assigning and editing business radio stories. She also serves as the national economics correspondent for the NPR web site, and regularly discusses economic issues on Tell Me More and Here & Now.

Her work contributed to NPR's 2011 Edward R. Murrow Award for hard news for "The Foreclosure Nightmare." Geewax also worked on the foreclosure-crisis coverage that was recognized with a 2009 Heywood Broun Award.

Before to joining NPR in 2008, Geewax served as the national economics correspondent for Cox Newspapers' Washington Bureau. Before that, she worked at Cox's flagship paper, the Atlanta Journal-Constitution, first as a business reporter and then as a columnist and editorial board member. She got her start as a reporter for the Akron Beacon Journal.

Over the years, she has filed business news stories from China, Japan, South Africa and Europe.

Geewax was a 1994-95 Nieman Fellow at Harvard, where she studied economics and international relations. She earned a master's degree at Georgetown University, focusing on international economic affairs, and has a bachelor's degree in journalism from The Ohio State University.

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The Two-Way
12:14 pm
Tue February 4, 2014

U.S. Borrowing Is Less Of An Economic Worry, At Least For Now

Stock investors looking for a reason to feel optimistic about the economy may have found one this morning.

A new report shows the federal budget deficit has done some mad shrinking in recent years. Thanks to spending cuts, tax hikes and a stronger economy, the deficit in this fiscal year will be only $514 billion, the nonpartisan Congressional Budget Office said Tuesday.

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The Two-Way
5:42 pm
Mon February 3, 2014

Stocks Head Lower; Investors Wonder What's Next

Traders work on the floor of the New York Stock Exchange at the end of the trading day on Monday in New York City.
Spencer Platt Getty Images

Originally published on Mon February 3, 2014 6:44 pm

If your New Year's resolution was, "I am going to prepare for retirement by moving my savings into stocks," then you must be very sad now.

Broncos-fan-level sad.

On Monday, the Dow Jones industrial average plunged an additional 326 points, down about 2 percent to 15,373. That was the seventh triple-digit drop so far this year. Back on Dec. 31, the Dow was at 16,577.

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Energy
3:25 pm
Sat February 1, 2014

'A Global Bathtub': Rethinking The U.S. Oil Export Ban

A pipeline carries oil at the federal Strategic Petroleum Reserve facility near Beaumont, Texas. U.S. oil companies are urging an end to a 1970s-era ban on oil exports.
Joe Raedle Getty Images

Originally published on Mon February 3, 2014 10:00 am

When oil supplies ran short and gasoline prices spiked four decades ago, angry drivers demanded relief. Congress responded in 1975 by banning most exports of U.S. crude oil.

Today, domestic oil production is booming, prompting U.S. energy companies to call for a resumption of exporting. Many economists agree.

But would that bring back the bad old days of shortages? Would you end up paying more at the pump?

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Your Money
5:41 pm
Wed January 29, 2014

Need A Retirement Starter Kit? This Might Help

With new accounts called myRAs, the government would protect workers' savings from losses.
iStockphoto

Originally published on Mon February 3, 2014 2:56 pm

Financial planners all say: The sooner you start saving, the better off you'll be in retirement.

But that advice often goes unheeded by young workers focused on paying down student debt and car loans. And even for those who can afford to set aside a little cash, investing can seem complicated and risky.

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Economy
11:13 am
Tue January 21, 2014

Workers May Be Missing, Or Maybe Just Retiring

Is the economy strengthening, or is the jobless rate falling only because so many people are dropping out of the workforce?
iStockphoto

Originally published on Tue January 21, 2014 12:52 pm

For more than four years, the unemployment rate has been sliding down — from a 10 percent peak to today's 6.7 percent.

But does that reflect a fast-strengthening economy? Or is the rate falling only because so many people are dropping out of the workforce?

In coming weeks, members of Congress and the Federal Reserve Board will be making big policy decisions based upon their best understanding of those unsettled questions.

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The Two-Way
5:27 pm
Wed January 15, 2014

IMF's Lagarde: Any U.S. Budget Deal Is Better Than None

Christine Lagarde, who heads the International Monetary Fund, offered some positive comments about Congress on Wednesday.

Her assessment was a shade better than "faint praise," but something less than "Attaboy!"

Speaking at the National Press Club, Lagarde said she was pleased to see U.S. lawmakers have been moving forward "in a more orderly fashion" as they work on spending legislation.

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Business
2:42 pm
Fri January 10, 2014

What's Behind The Drop In Unemployment

Shoppers make a purchase at an outlet mall in Los Angeles. Employers added 55,000 jobs in the retail sector in December.
Gus Ruelas Reuters/Landov

Originally published on Fri January 10, 2014 3:20 pm

Whether you had a job or were looking for one, December was a gloomy month.

The Labor Department said Friday that for December, employers added only 74,000 jobs — about a third as many as most economists had been predicting. That was the lowest level of job creation in three years — not exactly the news that 10.4 million job seekers wanted to hear.

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Business
9:01 am
Wed January 1, 2014

Most Economists Say Happy New Year — Really

Philips Lighting North America CEO and President Bruno Biasiotta rings the opening bell at the New York Stock Exchange on Tuesday.
Seth Wenig AP

Originally published on Wed January 1, 2014 9:29 am

As the new year begins, most economists' annual forecasts are brimming with good cheer.

"The economic news remains broadly encouraging," the Goldman Sachs forecasters write in their 2014 outlook.

And the brighter prospects are not limited to this country. "The global economy is likely to emerge in 2014 with modest growth of 3.3 percent compared with 2.5 percent this year," according to Nariman Behravesh, chief economist at the forecasting firm IHS Global Insight.

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Business
4:18 pm
Fri December 27, 2013

On-The-Job Deaths Spiking As Oil Drilling Quickly Expands

Energy companies are adding workers, but fatal accidents are on the rise, too.
iStockphoto

Originally published on Fri December 27, 2013 7:15 pm

Blue-collar workers, hit hard by automation and factory offshoring, have been struggling to find high-paying jobs.

One industry does offer opportunity: As baby boomers retire and drilling increases, oil and gas companies are hiring. They added 23 percent more workers between 2009 and 2012.

But the hiring spree has come with a terrible price: Last year, 138 workers were killed on the job — an increase of more than 100 percent since 2009.

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Business
7:05 am
Fri December 20, 2013

Shop On The Web Or In The Store; Each Has Risks

A customer prepares to sign a credit card slip Thursday at a Target store in Miami. The giant retailer says 40 million payment cards nationwide may have been compromised by data theft.
Joe Raedle Getty Images

Originally published on Fri December 20, 2013 8:37 am

Back in ye olden days — say, a decade ago — many holiday shoppers worried about using credit cards to buy gifts online. They feared their information would end up in the hands of computer hackers.

Turns out, walking into a store and swiping a credit card can be plenty risky, too.

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