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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10:55am

Wed February 6, 2013
Economy

With Gasoline Prices Rising, Consumers Are Having A Tough Year

Originally published on Wed February 6, 2013 12:30 pm

Raul Rivero fills up in Miami. Having less take-home pay at the same time gas prices are rising could dampen consumer spending, economists say.
Joe Raedle Getty Images

Business leaders involved in homebuilding, oil drilling or automaking are happy about the way 2013 has kicked off. Lower- and middle-income consumers, on the other hand, are feeling like the year has kicked them in the head.

"Consumers have not rebounded with the arrival of the new year," says Ed Farrell, director of consumer insight at the Consumer Reports National Research Center. "Middle-income Americans were particularly hard hit this month and appear to be losing ground."

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9:57am

Fri February 1, 2013
Business

Jobs Still Lag, But Homebuilding May Soon Help

Originally published on Sat February 2, 2013 3:43 pm

A new home under construction in Pepper Pike, Ohio. This spring's jobs data could look much brighter if housing heats up.
Tony Dejak AP

Here in the depths of winter, U.S. economic numbers aren't looking so hot. This week, new reports showed growth started to freeze up last fall, and the unemployment rate rose a bit in January, to 7.9 percent.

But most economists say you shouldn't let those cold facts fool you: This spring's data could look much brighter if the housing market continues to heat up.

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4:57pm

Wed January 23, 2013
The Two-Way

Transportation Secretary: Duration Of Dreamliner Review Is Unknown

Transportation Secretary Ray LaHood speaks during a news conference at the Transportation Department in Washington in January.
Susan Walsh AP

If you were dreaming of flying soon in a Boeing 787 Dreamliner, you have to wake up: Federal Aviation Administration isn't rushing its review of the grounded aircraft.

"We need to get to the bottom of the recent issues with the batteries in the 787 and ensure their safety before these aircraft can be put back in service," U.S. Transportation Secretary Ray LaHood said today at an Aero Club luncheon in Washington.

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11:00am

Thu January 10, 2013
Economy

Three New 'Cliffs' Threaten The Economy

Originally published on Fri January 11, 2013 2:39 pm

Traders work on the floor of the New York Stock Exchange Jan. 2. Financial market participants will be keeping a close eye on upcoming deadlines affecting the U.S. debt ceiling, scheduled automatic budget cuts and federal funding.
AFP AFP/Getty Images

Maybe you were hoping you'd never hear the phrase "fiscal cliff" again after Congress passed legislation Jan. 1 to address that tax-break-expiration deadline.

Sorry.

Three more cliff-type deadlines are fast approaching. They involve: 1) raising the federal debt ceiling 2) modifying automatic, across-the-board spending cuts and 3) funding the government to avert a shutdown.

The deadlines all hit between Valentine's Day and Easter, which means new rounds of chaotic congressional negotiations may start up just after the Jan. 21 presidential inauguration parade ends.

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1:40pm

Fri January 4, 2013
Economy

As 2013 Begins, A 'Pretty Positive' Job Outlook

The health care sector added 45,000 jobs in December and is expected to see continued growth this year, economists say.
iStockphoto.com

If you're searching for work in this new year, the Labor Department's final jobs report for 2012 suggests: The trend is your friend in 2013.

The jobs outlook is actually "pretty positive," said John Challenger, chief executive officer of Challenger, Gray & Christmas, an employment consulting firm.

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2:20pm

Thu January 3, 2013
U.S.

The Phantom Tax That Made The Deficit Look Better

The alternative minimum tax created a "useful fiction," as one analyst says, by appearing to shrink budget deficits.
Tim Boyle Getty Images

As Americans continue to sort out the contents of the fiscal cliff legislative package passed by Congress Tuesday, they are finding elements they like and some they hate.

There's one exception. Everyone is glad Congress finally found a permanent fix for the alternative minimum tax.

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12:10pm

Wed January 2, 2013
Economy

Economists See (OK-ish) Growth In 2013

Originally published on Thu January 3, 2013 8:07 am

Farmer Randy Dreher unloads corn from his combine during harvest north of Audubon, Iowa. Farm exports are booming and high global prices are helping growers despite the U.S. drought.
Gary Fandel/Iowa Farm Bureau AP

Suddenly, the new year is looking a bit brighter — at least in the eyes of most economists and investors.

On Day 1 of 2013, Congress voted to veer away from the "fiscal cliff" by passing a package of provisions that avoided broad tax hikes and big spending cuts. And on Day 2, stock prices shot up.

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10:30am

Mon December 24, 2012
Economy

The 2012 Economy Brought Glad Tidings To Many

Originally published on Mon December 24, 2012 12:56 pm

Construction workers build a home in Palo Alto, Calif. A real turnaround seemed to take hold in the housing sector in 2012 after years of fits and starts.
Paul Sakuma AP

After years of recession and slow recovery, maybe you didn't notice. But it turns out, 2012 was a fairly good year for the U.S. economy.

The Standard & Poor's 500-stock index has risen nearly 14 percent this year and the unemployment rate has fallen to 7.7 percent, the lowest point in four years. Inflation and interest rates have stayed low, allowing families to cut their debt loads.

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5:31pm

Mon December 17, 2012
The Two-Way

Investors Shun Gun Makers As Gun-Control Talk Increases

Originally published on Tue December 18, 2012 11:00 am

(Scroll down for a Tuesday morning update.)

On Wall Street, investors appear to be listening closely to the growing talk in Washington about curbing assault weapons.

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10:49am

Tue December 11, 2012
It's All Politics

Fiscal Cliff Calendar: What Happens When

Originally published on Tue December 11, 2012 12:39 pm

iStockphoto.com

As weary as many Americans grew of campaign commercials last month, they may be getting even more annoyed this month by endless talk of the fiscal cliff, the massive collection of tax increases and spending cuts set to take effect at year's end.

It's easy to understand the urge to stick fingers in ears and loudly chant "la-la-la-la." The budget problems are indeed complicated, and the negotiations tedious.

But resolving the mess is extremely important: Without a solution, every person who gets a paycheck or has investments will see his or her taxes rise.

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11:02am

Fri December 7, 2012
Economy

A Good Jobs Report Might Be Bad For The Jobless

Originally published on Fri December 7, 2012 12:49 pm

Judy Smith, of Dalton, Ga., looks over paperwork as she files for unemployment benefits in August after being laid off from a catering job. More than 2 million people who get extended benefits may lose them if Congress doesn't act soon.
David Goldman AP

The Labor Department's glad tidings Friday about the uptick in job creation last month might morph into bad news next month for many of the long-term unemployed.

That's because the boost in November hiring, with employers adding 146,000 jobs, might make it more difficult for Democrats to argue in favor of having Congress renew the extension of benefits for people out of work more than six months.

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3:50pm

Wed December 5, 2012
The Two-Way

For The Aerospace Industry 'Fiscal Cliff' Represents A Red Alert

Originally published on Wed December 5, 2012 4:05 pm

It's red alert time for aerospace industry executives, workers and contractors.

As they mingled today at the Aerospace Industries Association's annual Year-End Outlook luncheon at a Washington Grand Hyatt, the bright red electronic digits kept counting down for them.

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3:19pm

Mon November 26, 2012
Business

A Jolly Christmas? Retailers Count The Extra Days

Originally published on Tue November 27, 2012 7:49 am

Shoppers line up in a Best Buy store in Rockville, Md., during a Black Friday sale. Thanksgiving weekend sales jumped nearly 13 percent from last year, the National Retail Federation says.
Mandel Ngan AFP/Getty Images

For merchants, the stars are lining up — at least so far.

Online shopping jumped more than 28 percent on Cyber Monday compared with a year ago, according to IBM Benchmark. And the National Retail Federation says Thanksgiving weekend spending shot up to $59.1 billion, nearly 13 percent more than last year's $52 billion.

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11:36am

Tue November 13, 2012
Your Money

How The Alternative Minimum Tax Could Slam You

Originally published on Tue November 13, 2012 12:29 pm

Customers line up at an H&R Block office in Nashville, Tenn., on April 17, the deadline for filing 2011 federal income taxes.
Mark Humphrey AP

Seriously, again?

Anyone who follows the adventures of the alternative minimum tax has to be getting sick of the many sequels. Again and again, this unpopular income tax threatens to hit middle-class families with large and unexpected tax increases.

And each time the threat reappears, Congress applies a "patch" to fix the problem temporarily. That makes the threat an annual event — along with the associated congressional hand-wringing and taxpayer confusion.

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4:30am

Sun November 11, 2012
Economy

How The Fiscal Cliff Would Hit The Economy

Originally published on Sun November 11, 2012 3:05 pm

President Obama and House Speaker John Boehner at the White House in July 2011. They are scheduled to meet at the White House again next week to discuss the looming fiscal cliff.
Carolyn Kaster AP

This week, President Obama will meet with congressional leaders to begin working out a deal to avert a budget calamity commonly known as the fiscal cliff.

Economists are unanimous in saying that if the leaders fail to keep the country from going over the "cliff," both the stock and labor markets will fairly quickly go "splat."

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