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 NPR's mid-day show 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 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 business reporter for the Akron Beacon Journal.

Over the years, she has filed news stories from China, Japan, South Africa and Europe. Recently, she headed to Europe to participate in the RIAS German/American Journalist Exchange Program.

Geewax was a 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 from The Ohio State University.

She is a member of the National Press Club's Board of Governors and serves on the Global Economic Reporting Initiative Committee for the Society of American Business Editors and Writers.

Americans routinely buy all sorts of insurance — for cars, homes, health and even pets and boats.

But when it comes to long-term-care insurance, relatively few sign up. Out of more than 313 million Americans, only about 8 million have any such protection, according to the American Association for Long-Term Care Insurance. The low participation rate largely reflects the high cost of long-term-care insurance.

The unemployment rate slipped a notch to 8.1 percent in April, but not because employers went on a hiring spree.

Instead, the jobless rate appeared to improve because fewer people were applying for positions. Last month, the civilian labor force shrank by 342,000 people.

Economists say many of those workforce dropouts were "discouraged" workers who moved to the sidelines after months, even years, of trying to nail down jobs.

Walk through any nursing home, and your first thought might be: "I need to take care of Mom myself."

Few people want to turn over a loved one to institutional care. No matter how good the nursing home, it may seem cold and impersonal — and very expensive. But making the choice to provide care yourself is fraught with financial risks and personal sacrifices.

Those who become full-time caregivers often look back and wish they had taken the time to better understand the financial position they would be getting themselves into.

Planning a wedding is exciting.

Mapping out a vacation is fun.

Figuring how to afford care for your confused, elderly father? That one may never cross your mind — at least, not until you need more money to care for him.

"Never thought about it," Natasha Shamone-Gilmore, 58, says about her younger self. "Never ever."

She thinks about it a lot these days. Shamone-Gilmore, a computer trainer in Maryland, now shares a modest home with her husband, 24-year-old son and 81-year-old father.

Part of the Family Matters series

The Great Recession slammed into all age groups, flattening the career dreams of young people and squeezing the retirement accounts of middle-aged savers. It financially crippled many elderly people who had thought they could stand on their own.

This week, European leaders will huddle in intense meetings, trying to work out a comprehensive plan to solve crushing debt problems.

Higher stakes are hard to imagine.

If all goes well at a summit in Brussels, the political leaders will make an announcement Friday, spelling out their long-term commitment to a plan to loosen a choking tangle of debt troubles. If they can't agree on a plan, the EU debt crisis could lead to the kind of financial chaos that economists say surely would hurt the United States.

Shoppers stormed retail stores this past weekend, and now on Cyber Monday, many are clicking their way to more purchases.

"I am definitely a price-based shopper," said Sarah Kelly, a 28-year-old Washington, D.C., resident who bought a KitchenAid mixer Monday morning as a holiday gift. She also bought shoes, clothes and other presents after waking early to search for online coupons and shipping offers. "I only purchase if the shipping is free," she said.

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