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.

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5:23pm

Tue February 18, 2014
The Two-Way

CBO: Minimum Wage Hike Could Boost Paychecks – And Cut Jobs

Originally published on Tue February 18, 2014 5:42 pm

Darlene Handy of Baltimore holds up a banner at a rally supporting a pay measure in Maryland. More than 20 states have raised minimum pay rates above the federal level.
Jose Luis Magana AP

Whatever you already believed about raising the federal minimum wage, you now have more ammo for your argument, thanks to a report released Tuesday by the Congressional Budget Office, titled "The Effects of a Minimum-Wage Increase on Employment and Family Income."

Yes, you're right: Raising the wage in steps to $10.10 an hour by 2016 would push employers to cut jobs — about 500,000 of them, says the CBO, the nonpartisan research arm of Congress.

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4:31pm

Thu February 13, 2014
The Two-Way

Many Flights Canceled, But Fewer Fliers Stranded On Tarmac

Originally published on Thu February 20, 2014 12:43 pm

Passengers wait in line at Hartsfield-Jackson International Airport on Thursday. A major snowstorm has delayed flights from Atlanta to New York.
David Tulis AP

Would-be air travelers sitting at home may be frustrated about their canceled plans. But most likely, they are happier than they would have been had they gotten trapped on an icy tarmac.

And that used to happen many hundreds of times a year before the Department of Transportation stepped in to reduce the frequency of passenger incarcerations.

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3:40pm

Fri February 7, 2014
Business

Disappointing Jobs Data May Point To A Tougher 2014

Originally published on Fri February 7, 2014 5:03 pm

Job seekers sign in before meeting prospective employers during a career fair at a hotel in Dallas last month.
LM Otero AP

Friday's unemployment report confirmed what many workers already had suspected: Five years after the job market plunged off a cliff, the climb back remains a tough slog.

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2:38pm

Wed February 5, 2014
Business

Which Way For Stocks? Investors Watch 'Worry Index' For Clues

Originally published on Wed February 5, 2014 4:42 pm

Traders work on the floor of the New York Stock Exchange on Tuesday afternoon.
Andrew Burton Getty Images

Anyone who invests in the stock market knows share prices can go up — and down. That's why they call it a market.

Still, this year, price movements have been fast and furious — shocking investors and prompting many to fear "volatility."

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11:14am

Tue February 4, 2014
The Two-Way

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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4:32pm

Mon February 3, 2014
The Two-Way

Stocks Head Lower; Investors Wonder What's Next

Originally published on Mon February 3, 2014 5:44 pm

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

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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2:25pm

Sat February 1, 2014
Energy

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

Originally published on Mon February 3, 2014 9:00 am

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

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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4:01pm

Wed January 29, 2014
Business

Need A Retirement Starter Kit? This Might Help

Originally published on Mon February 3, 2014 1:56 pm

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

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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10:13am

Tue January 21, 2014
Economy

Workers May Be Missing, Or Maybe Just Retiring

Originally published on Tue January 21, 2014 11:52 am

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

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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4:27pm

Wed January 15, 2014
The Two-Way

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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2:07pm

Fri January 10, 2014
Business

What's Behind The Drop In Unemployment

Originally published on Fri January 10, 2014 2:20 pm

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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8:29am

Wed January 1, 2014
Business

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

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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3:21pm

Fri December 27, 2013
Business

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

Originally published on Fri December 27, 2013 6:15 pm

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

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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6:05am

Fri December 20, 2013
Business

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

Originally published on Fri December 20, 2013 7:37 am

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

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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10:05am

Thu December 19, 2013
Economy

The Washington Two-Step: Dancing Back To Normal

Originally published on Thu December 19, 2013 12:24 pm

Senate Budget Committee Chairman Patty Murray, D-Wash., and House Budget Committee Chairman Paul Ryan, R-Wis., unveil a budget deal Dec. 10 in Washington.
Jonathan Ernst Reuters/Landov

Time and again, business leaders say the one thing they want out of Washington is more certainty.

But rarely do they get their wish.

In recent years, business owners have found themselves wondering whether their government would default on its debts, shut down national parks, change tax rules, cancel supplier contracts, confirm key leaders at federal agencies or hike interest rates.

Finally on Wednesday, they saw policymakers take two big steps toward a more certain future.

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