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.

Pages

The Two-Way
12:45 pm
Wed June 17, 2015

Yes, Your Car Loan Will Still Be Cheap As Fed Holds Rates Low

Lincoln Mercury vehicles at a dealership lot in Sterling Heights, Mich.
Paul Sancya AP

Originally published on Wed June 17, 2015 1:48 pm

The Federal Reserve's policymakers Wednesday held steady on interest rates — and gave no specific time frame for when they might change course.

That was the expected outcome of their two-day meeting.

But this changed: The policymakers seemed a bit more optimistic about the U.S. economy. Their statement said that while inflation is very low, "economic activity has been expanding moderately."

Read more
The Two-Way
8:42 am
Tue June 16, 2015

U.S. House Votes To Buy Time For Obama's Trade Agenda

Originally published on Wed June 17, 2015 2:10 pm

Updated at 2:55 p.m. ET

This afternoon, the U.S. House voted 236 to 189 to give itself six more weeks to sort out tangled legislation involving trade.

The House Republican leaders prodded their members to approve a rule change that extends time for a second vote on one part of a trade package. This portion, called Trade Adjustment Assistance, failed on Friday.

Read more
The Two-Way
8:35 am
Fri June 12, 2015

Dealing Blow To Obama, Efforts To Pass Trade Plan Fail In The House

President Obama walks with House Minority Leader Nancy Pelosi as he visits Capitol Hill on Friday.
Carolyn Kaster AP

Originally published on Mon June 15, 2015 10:14 am

Dealing a big blow to President Obama's agenda, the House of Representatives failed to pass a key element of a package of bills that would have given Obama the ability to fast-track a trade deal with Pacific Rim nations.

The House began by voting on a bill that would provide funding for training Americans who would lose their jobs because of the trade deal. Failing to attract enough Democratic votes, the body rejected the measure by a large margin.

Read more
Economy
11:30 am
Fri June 5, 2015

Teens Hoping For More Jobs, Higher Wages This Summer

José Moncada, 16, signed up for a summer youth employment program in New York City. He said hopes to earn enough to help his family, which lives on less than $30,000 a year.
Kaomi Goetz for NPR

Originally published on Mon June 8, 2015 12:10 pm

Recipe for a good summer-job market: First, hire a lot of people in May. Second, give workers raises, and third, push down gasoline prices. Mix it all together — and pour out hope for teen workers.

"Having a job makes me feel really excited. I can put my own money in my pocket instead of asking my parents for money all the time," said José Moncada, a 16-year-old job seeker in New York City.

Moncada and other teens may have caught a break Friday when the economy followed that seasonal employment recipe precisely.

Read more
It's All Politics
2:01 pm
Wed May 13, 2015

The Morning After: Lawmakers Vote To Reduce Amtrak Funding

"Starving rail of funding will not enable safer train travel," Rep. Nita Lowey, D-N.Y., told the House Appropriations Committee Wednesday. Rep. Mike Simpson, R-Idaho, admonished Democrats: "Don't use this tragedy in that way," he said. "It was beneath you."
Mark Wilson Getty Images

Originally published on Wed May 13, 2015 2:24 pm

Transportation funding was going to get plenty of attention this week in Washington — even before an Amtrak train derailed about 140 miles to the north.

This is National Infrastructure Week, so lobbyists, labor leaders and activists started swarming Capitol Hill on Monday, seeking funds for roads, bridges and other projects related to transportation.

Read more
The Two-Way
12:48 pm
Fri May 8, 2015

Would More Trade Help The Job Market Run Faster Or Trip It Up?

Workers unload cargo at the Port of Portland's Terminal 6 in Portland, Ore.
Rick Bowmer AP

The Labor Department's latest report shows employers created 223,000 jobs in April and the unemployment rate went down another notch to 5.4 percent.

So, yay!

But study the wage figures in Friday's report — and your "yay" turns to "meh."

Workers got raises of just 0.1 percent in April. Over the past year, wages advanced only 2.2 percent, a pace that amounts to treading water for most families. The average workweek has stalled at 34.5 hours, unchanged from the previous month — and from a year ago.

Read more
The Two-Way
11:33 am
Wed May 6, 2015

Fed Chair Yellen's Warning Adds To Recent Market Jitters

Federal Reserve chief Janet Yellen's remarks Wednesday made a lot of investors blink. But there's something to keep in mind before you sell based on her advice.
Mark Wilson Getty Images

Originally published on Wed May 6, 2015 3:06 pm

Both stock and bond markets had already been having a rough week, and then on Wednesday, Federal Reserve Chair Janet Yellen added to the jitters.

She warned that stock valuations are "generally quite high," and that "there are potential dangers there."

So if you happen to be an investor who wants to buy low and sell high (and really, who doesn't?), then you might take Yellen's comment as a suggestion that it's time to sell.

And that's just what happened: Measures of U.S. stock prices all slipped — down about 0.7 percent by midday.

Read more
Business
2:01 pm
Wed April 29, 2015

Japan's Abe Pushes The Pacific Trade Deal Onto Center Stage

Japan's Prime Minister Shinzo Abe speaks during a joint press conference at the White House with President Obama on Tuesday. Abe is urging U.S. lawmakers to approve a trans-Pacific trade deal.
Mandel Ngan AFP/Getty Images

President Obama's plan for creating a Pacific Rim trade zone has been hovering in the wings, waiting for the right moment to demand attention.

On Wednesday, Japanese Prime Minister Shinzo Abe pushed it out on to center stage during a dramatic joint meeting of the U.S. House and Senate. He urged Congress to approve the proposed Trans-Pacific Partnership, or TPP.

Read more
The Two-Way
10:07 am
Tue April 14, 2015

Cheap Oil Fuels Global Growth. Now If We Just Had Roads And Bridges

Men work on an oil pump during a sandstorm in the desert oil fields of Sakhir, Bahrain, in January.
Hasan Jamali AP

Originally published on Tue April 14, 2015 3:05 pm

The global economy won't sink this year, thanks to the oceans of cheap oil keeping it afloat.

That's the bottom line of the World Economic Outlook, released Tuesday by the International Monetary Fund. The 2015 pace of economic growth will tick up to 3.5 percent, helped along by lower energy costs and weaker currencies.

Read more
It's All Politics
4:03 am
Tue April 14, 2015

'Clintonomics' Ruled The 1990s; 'Hillarynomics' Would Be Different

Hillary Clinton begins to speak as her husband, former President Bill Clinton, moves to take a seat after introducing her at the Clinton Global Initiative on Sept. 22, 2014, in New York.
Mark Lennihan AP

Originally published on Tue April 14, 2015 11:47 am

If you are under 30, this may be hard to imagine, but in the late 1990s, the economy was a job-generating machine.

In 2000, the final year of Bill Clinton's presidency, the unemployment rate fell as low as 3.8 percent. Then, within a decade of his White House departure, the rate was up to 10 percent.

Those two numbers explain why the name "Clinton" remains magic for many. People who got jobs, bought homes and invested money two decades ago associate "Clintonomics" with good times.

Read more

Pages