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.

Pages

Business
6:23 pm
Mon June 30, 2014

How Many Companies Will Be Touched By Court's Contraception Ruling?

The Supreme Court said protecting the free-exercise rights of owners of corporations, such as Hobby Lobby Stores, protects religious liberty.
Ed Andrieski AP

Originally published on Mon June 30, 2014 6:46 pm

When the Supreme Court ruled Monday that "closely held" corporations don't have to pay for workers' contraception, you may have assumed the decision applied only to family-owned businesses.

Wrong. An estimated 9 out of 10 businesses are "closely held."

However, some benefits experts question just how many of those companies would want to assert religious views.

Read more
The Two-Way
1:51 pm
Fri June 27, 2014

U.K. Loses Big Vote On The Future Of Europe — Now What?

On the sidelines of the EU summit in Brussels, U.K. Prime Minister David Cameron said the choice of Jean-Claude Juncker to head the European Commission marks "a bad day for Europe."
John Thys AFP/Getty Images

Originally published on Fri June 27, 2014 2:30 pm

The European Union made history Friday by bringing three of Russia's neighbors — Ukraine, Georgia and Moldova — under its economic tent.

The eastward expansion of trade agreements will push European influence deep into a region that Russia would like to dominate. In light of recent Russian aggression in Ukraine, that's a big deal.

Read more
Business
1:22 pm
Sat May 31, 2014

Regulators And Airlines Fight Over Fares, Fees And Fairness

The government wants airlines to be more up front with passengers about the total cost of tickets.
Karen Bleier AFP/Getty Images

This week, the Department of Transportation hit Southwest Airlines with a $200,000 fine for touting a fare that did not exist. The carrier had said in a TV ad that customers in Atlanta could fly to New York, Chicago or Los Angeles for just $59. But the bargain fare turned out to be too good to be true.

Southwest, which paid a fine for a similar problem last year, says the ad was a mistake. The airline pulled it as soon as the error was discovered.

Read more
Business
5:29 am
Sun May 25, 2014

It's Geithner Vs. Warren In Battle Of The Bailout

In a war of words between Timothy Geithner and Elizabeth Warren over the bank bailout, who's the victor?
Mandel Ngan AFP/Getty Images

The financial crisis of 2008 caused such an enormous upheaval that future historians will long be asking: Who caused it? Who fixed it? Could it have turned out better?

Recently, two key players looked back: Former Treasury Secretary Timothy Geithner wrote Stress Test, Reflections on Financial Crisis, and Massachusetts Sen. Elizabeth Warren wrote A Fighting Chance.

The two reached opposite conclusions. Geithner believes the bank bailout proved its worth. Warren remains outraged that wealthy bankers have not been jailed.

Read more
The Two-Way
5:28 pm
Fri May 23, 2014

Economist Piketty's Work Doesn't Add Up, 'Financial Times' Says

French economist and academic Thomas Piketty, in his book-lined office at the French School for Advanced Studies in the Social Sciences, in Paris, earlier this month.
Charles Platiau Reuters/Landov

Originally published on Fri May 23, 2014 6:16 pm

French economist Thomas Piketty became a publishing superstar this year by putting two and two together and concluding that the rich are getting richer.

His best-seller, Capital in the Twenty-First Century, uses mountains of data to calculate Western wealth over the past two centuries. He says the historical statistics, drawn from many sources, show unrestrained capitalism inevitably leads to immense income inequality.

Read more
Business
3:59 pm
Thu May 15, 2014

Housing Is Perking Up, But Realtors Worry About Young Buyers

iStockphoto

Originally published on Mon May 19, 2014 5:25 pm

The U.S. housing market is strengthening after a tough winter, according to economists at a Realtors convention in Washington.

But even as the short-term outlook brightens, they remain worried about a long-term problem with "missing" young buyers.

"There really are serious issues in the first-time-buyer market," Eric Belsky, managing director of Harvard's Joint Center of Housing Studies, told the National Association of Realtors on Thursday.

Read more
Business
2:28 pm
Fri April 25, 2014

Gasoline Prices Rise As U.S. Refineries Send More Fuel Overseas

With so much fuel headed elsewhere, the national average price for a gallon of regular gasoline is now $3.69, compared with $3.53 a month ago, according to AAA.
Rich Pedroncelli AP

The weather is warming and vacation season approaching.

And, just as predictably, the price of gasoline is rising. It does that every spring as refineries switch to more expensive summer blends.

But this year, the seasonal price bump is getting an extra bounce. Gasoline is costing consumers about 5 percent more than last year at this time, even though oil supplies are abundant. Why?

Experts say U.S. retail prices are nudging higher in large part because Gulf Coast refineries are sending more gasoline to other countries.

Read more
Economy
10:20 am
Sun April 13, 2014

Frustrated With Congress, IMF Heads Leave D.C. With Budding Idea

The U.S., the IMF's most powerful member, has refused to sign off on reforms. On Saturday, global leaders suggested the IMF would turn to other options if Congress doesn't act by year's end.
Mandel Ngan AFP/Getty Images

Originally published on Sun April 13, 2014 10:41 am

As far as looks go, Washington turned in a dazzling performance as host city for this past week's meetings at the International Monetary Fund and World Bank.

Cherry blossoms peaked, tulips popped, and the air carried the sweet scent of hyacinths.

But politics-wise, Washington let down its global guests. They came begging Congress to approve a package of IMF reforms, but are leaving Sunday with nothing.

"We are all very disappointed by the ongoing failure to bring these reforms to conclusion," Australia's Treasurer Joe Hockey told reporters.

Read more
The Two-Way
5:38 pm
Thu April 10, 2014

German Fears About U.S. Spying Could Hurt Trade Deal

A carnival truck caricatures President Obama and the NSA spying scandal during a parade through Frankfurt, Germany, last month.
Frank Rumpenhorst EPA/Landov

Originally published on Fri April 11, 2014 10:52 am

Most Americans and Germans agree: More trade between the United States and the European Union would be a good idea.

But when you get down to details of a possible trade pact, suspicions pop up, according to a new poll conducted by the Pew Research Center in association with Germany's Bertelsmann Foundation.

Read more
Economy
11:49 am
Thu April 10, 2014

Wonk Week In Washington: When Briefings Are Better Than Blossoms

Pedestrians walk by the International Monetary Fund headquarters in Washington, D.C., site of the IMF/World Bank spring meetings.
Shawn Thew EPA/Landov

Originally published on Thu April 10, 2014 1:58 pm

Let the senior-citizen tourists stare at the fluffy pink cherry blossoms.

Let the Midwestern seventh-graders tilt their heads back and gaze gape-mouthed at the Washington Monument.

Sure, this is a lovely week for them to be in Washington, D.C. It's April. It's gorgeous.

But no one is happier to be here this week than the wonks. And no, not the I-read-a-good-article-in-The-Economist wonk wannabes.

This week is for the true, serious wonks who just can't get enough of lecture halls, hearing rooms and soggy hors d'oeuvres.

Read more
The Two-Way
6:09 pm
Wed April 9, 2014

Turmoil in Ukraine Clouds The Region's Economic Outlook

When Americans envision the European economy, they may think of modern factories churning out sleek German cars and chocolatiers perfecting Belgian truffles.

That developed part of Europe is perking up. The International Monetary Fund said this week that, coming out of a crushing recession, Eurozone growth should be around 1.2 percent - sluggish but steady this year.

Read more
The Two-Way
6:06 pm
Tue April 8, 2014

21st Century Energy Outlook: Quite Similar To The Last Two Centuries

Originally published on Tue April 8, 2014 9:09 pm

The U.S. Chamber of Commerce's Institute for 21st Century Energy sponsored the event.

But the speaker, Anthony Alexander, the chief executive of FirstEnergy Corp., offered a vigorous defense of that 20th century invention — nuclear power. And he was even more adamant about the value of the 19th century's key energy source — coal.

Read more
Business
5:00 pm
Fri April 4, 2014

Expecting A Spring Thaw, Shops And Restaurants Warm To Hiring

Employment and wages are increasing, along with hopes for more consumer spending, analysts say.
Matt Rourke AP

Originally published on Fri April 4, 2014 5:37 pm

As winter loosens its grip, employers are taking on more help.

Hotels, bars and restaurants added 33,000 workers, while retailers tacked on 21,000 jobs in March, the Labor Department said Friday. Economists say those increases suggest employers are growing more confident that Americans will be spending more this year.

Read more
The Changing Lives Of Women
6:31 pm
Thu March 27, 2014

Women And Wealth: Local To Global Money Lessons

She Works Her Money." href="/post/women-and-wealth-local-global-money-lessons" class="noexit lightbox">
Our Women and Wealth series will involve you, too. We're asking women to share their best lessons about earning, saving, investing or using money. The above quote comes from Sen. Amy Klobuchar, D-Minn. You can see more from her, and other influential women, and add your two cents at our Tumblr, She Works Her Money.
NPR

Originally published on Thu March 27, 2014 7:39 pm

When it comes to money, women rule. Literally.

Think about it: A woman holds the top job at the Federal Reserve, the Securities and Exchange Commission, the Office of Management and Budget, and the Social Security Administration.

At the International Monetary Fund, Christine Lagarde is the managing director.

These women run large, complex organizations that decide how money is invested, budgeted, saved and spent. They shape the rules that govern the global economy.

But over on Wall Street and in Silicon Valley, men still do more risk-taking.

Read more
Business
12:02 am
Mon March 24, 2014

After Winter's Chill, Economists Predict A Warming Trend

A cold, snowy winter in most of the country hurt economic growth, but forecasters see conditions improving for the rest of the year.
iStockphoto.com

Originally published on Mon March 24, 2014 12:09 am

Somewhere under all of that melting snow, there's a warming economy.

"Adverse weather conditions" have hurt economic growth so far this year, but things are headed in the right direction now, according to a forecast released Monday by the National Association for Business Economics.

"Conditions in a variety of areas — including labor, consumer and housing markets — are expected to improve over the next two years, while inflation remains tame," Jack Kleinhenz, NABE president and chief economist for the National Retail Federation, said in a statement.

Read more

Pages