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
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
3:20 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

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
4:01 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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The Two-Way
5:08 pm
Mon December 16, 2013

General Motors CEO: In The Bailout, Fair Is Fair

General Motors Chairman and CEO Dan Akerson speaks at the National Press Club on Monday in Washington, D.C.
Win McNamee Getty Images

Retiring General Motors CEO Dan Akerson made a case Monday for how losing should feel like winning — at least for U.S. taxpayers who lost more than $10 billion in a GM bailout.

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The Two-Way
6:22 pm
Wed December 11, 2013

Extended Unemployment Benefits On Track To Expire Dec. 28

A prospective job seeker gets information at a job resource fair for military veterans in Van Nuys, Calif., on Oct. 24.
Frederic J. Brown AFP/Getty Images

Originally published on Wed December 11, 2013 9:38 pm

Unless Congress acts very quickly, some 1.3 million workers will lose their extended jobless benefits on Dec. 28.

Democrats were scrambling late Wednesday to link an extension of benefits to a budget deal that is expected to get a vote as soon as Thursday. But if the effort fails, they will come back at it in 2014.

"We're going to push here after the first of the year for an extension of emergency unemployment insurance when the Senate convenes after the new year," Senate Majority Leader Harry Reid, D-Nev., said on Wednesday.

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Business
4:04 pm
Tue December 10, 2013

GM Gives A Woman The Keys To Drive Its Future

Mary Barra speaks at the North American International Auto Show in Detroit earlier this year. General Motors has picked her to lead the company.
Rebecca Cook Reuters/Landov

Originally published on Tue December 10, 2013 5:29 pm

She's not the first woman to head a global corporation.

Ginni Rometty runs IBM, and Indra Nooyi heads PepsiCo. Don't forget Ursula Burns at Xerox and Meg Whitman at Hewlett-Packard. There's Marissa Mayer at Yahoo.

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Economy
2:09 pm
Sun November 24, 2013

Many Americans Will Be Giving Thanks For Lower Prices

Gas prices are down compared with last year, but slumping consumer confidence could dampen Thanksgiving holiday travel.
Julio Cortez AP

Originally published on Mon November 25, 2013 1:11 pm

When Americans drive to their Thanksgiving gatherings this week, they will have one more blessing to count: lower costs.

Gasoline is cheaper than last year. Turkey prices are down, too. And retailers are joining in, offering big discounts on TVs and other goods.

For people who watch every penny, this Thanksgiving will be a good time for pinching.

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Business
5:16 pm
Tue November 12, 2013

Airline Antitrust Deal Seen Boosting Competition At Airports

An American Airlines jet passes the Washington Monument as it lands at Ronald Reagan National Airport. That's one of seven airports where American and US Airways must now make room for low-cost competitors under a settlement with the Justice Department.
Mark Lennihan AP

Originally published on Wed November 13, 2013 4:21 pm

From the start, airline analysts had been predicting that an antitrust lawsuit would not stop the $11 billion deal to combine US Airways and American Airlines.

They saw the suit, filed in August, as a government negotiating tactic, not a deal-breaker.

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Business
1:06 pm
Fri November 8, 2013

What Really Got Measured In This Month's Jobs Report?

Graphic designer Tom Sadowski, 65, works from home in Sterling, Va., in October. Many experts believe the economy is becoming too complicated for the Bureau of Labor Statistics to measure accurately using current methods.
Manuel Balce Ceneta AP

Originally published on Fri November 8, 2013 2:58 pm

In October, private employers did a lot of hiring, but a government shutdown forced hundreds of thousands of workers to stay home.

Those federal furloughs offset 204,000 jobs created last month — enough to push the unemployment rate one tick higher to 7.3 percent, the Labor Department said on Friday.

Or maybe the end of that sentence should read: the Labor Department guessed on Friday.

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Business
5:34 pm
Thu October 31, 2013

More Foreign Firms Look To Make It In The USA

Acura MDX sport utility vehicles roll off the assembly line at a Honda plant in Lincoln, Ala., in May. Overseas investors have U.S. assets totaling nearly $4 trillion, including auto plants, banks and mines.
Joe Songer AL.com/Landov

Originally published on Fri November 1, 2013 1:44 pm

When many Americans hear the word "globalization," they think: "jobs going overseas."

And sometimes it does mean just that.

But as globalization knits nations closer together, foreign companies increasingly are creating jobs in the United States, not luring them away. Despite the Great Recession, slow recovery and political dysfunction in Washington, the United States remains a top destination for the world's wealth.

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The Two-Way
5:35 pm
Thu October 17, 2013

September Jobs Report To Come Out Tuesday

Following the economy can be confusing.

But at least one thing has long been certain: the Bureau of Labor Statistics will release its monthly jobs report at exactly 8:30 a.m. on a Friday.

Next week, Tuesday will feel like a Friday.

That's because late Thursday afternoon, the BLS updated its post-shutdown schedule for data releases. The new schedule shows that the long-delayed and much-anticipated September employment report will come out on Tuesday.

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Business
5:42 pm
Fri October 11, 2013

At Global Gathering, Many Worry About U.S. Strength

The annual meetings of the International Monetary Fund and World Bank began Thursday in Washington amid a partial government shutdown. Many delegates are concerned that the U.S. budget impasse may threaten global economic stability.
Jose Luis Magana AP

Originally published on Sat October 12, 2013 11:19 am

When you invite guests over, you probably straighten up the house to make a good impression.

This week, the nation's capital is welcoming guests from all over the world. Thousands of finance ministers, central bankers, scholars and industry leaders are in Washington, D.C., for the annual meetings of the International Monetary Fund and World Bank.

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Business
5:50 pm
Wed October 9, 2013

Yellen Faces A Tough Job At The Fed From Day 1

President Obama stands with Janet Yellen, his choice to lead the Federal Reserve Board, at the White House on Wednesday.
Charles Dharapak AP

Originally published on Wed October 9, 2013 7:02 pm

Starting a new job is always tough. You want early success to prove you really were the right pick.

That's especially true if you happen to be the first woman to hold that job. Ever.

So when President Obama on Wednesday nominated Janet Yellen to lead the Federal Reserve, she might have had two reactions: 1) Yippee and 2) Uh-oh.

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The Government Shutdown
11:59 am
Tue October 8, 2013

Obama's Absence At Asia Summit Seen Hurting U.S. Trade

Indonesian President Susilo Bambang Yudhoyono speaks Tuesday at the Asia-Pacific Economic Cooperation summit on the Indonesian resort island of Bali. President Obama missed the meeting due to the budget impasse in Washington.
Beawiharta/Pool EPA/Landov

Originally published on Tue October 8, 2013 3:49 pm

Imagine a poker table.

At one seat, China's President Xi Jinping studies his cards. At another, Russian President Vladimir Putin is stroking his chin. Asian leaders fill the other seats, each trying to win the pot, which is filled — not with poker chips — but with jobs.

That's the kind of high-stakes game that played out this week in Indonesia, where global leaders got together to discuss trade relations. Their gathering ended Tuesday, and exactly who won what is not yet clear.

But this much is known: President Obama was not at the table.

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