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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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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Economy
3:13 pm
Wed October 30, 2013

Why The Fed Decided Not To Change Course

Citing continued signs of weakness, the Federal Reserve said it will keep aiming for low interest rates.
Mark Wilson Getty Images

Originally published on Wed October 30, 2013 3:27 pm

Look around. Do you see much inflation?

Gas prices are down more than 7 percent from last year. Grocery costs haven't budged lately. And — just in time for Halloween — the price of candy is down 2.3 percent from last year, according to the government's consumer price index released Wednesday.

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Economy
3:31 pm
Tue October 22, 2013

Job Growth Was Disappointing, But Some See Reasons For Hope

Hans Kahl (left) speaks with prospective employees at a job fair for veterans, in Miami on Tuesday. With job growth still slow, the Federal Reserve may keep trying to stimulate the economy.
Joe Raedle Getty Images

Originally published on Tue October 22, 2013 3:49 pm

When it finally came out Tuesday, the September jobs report — delayed for 18 days by the government shutdown — showed a labor market moving forward. But the pace was slow enough to prompt many economists to view it as a letdown.

Job growth "is disappointing, given that employment is still down by about 1.8 million from its peak prior to the recession," Gus Faucher, senior economist with PNC Financial Services Group, said in his analysis.

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Economy
3:25 am
Fri October 18, 2013

Declining Gas Prices Pump Up A Shaky Economy

A motorist fuels up at a service station in Springfield, Ill.
Seth Perlman AP

Originally published on Fri October 18, 2013 12:34 pm

In recent weeks, economists have been worrying about the negative impact of the now-ended government shutdown and potential debt crisis.

But away from Capitol Hill, the economy has been getting a big boost: Gasoline prices have been declining, week after week. In some parts of the country, a gallon of unleaded regular gasoline is now down to less than $3 a gallon — a price most Americans haven't seen in three years.

And any time the pump price starts dropping, consumer spirits start rising.

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The Two-Way
5:29 pm
Thu October 17, 2013

September Jobs Report To Come Out Tuesday

Originally published on Thu October 17, 2013 5:35 pm

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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Economy
3:58 pm
Thu October 17, 2013

Economists Fear 'Flying Blind' Without Government Data

The Federal Reserve headquarters in Washington, D.C., where the federal government shutdown left policymakers without key economic data.
J. David Ake AP

Originally published on Thu October 17, 2013 4:51 pm

Talk to economists about the government shutdown's impact on their forecasts and you'll hear this phrase again and again:

Flying blind.

For economists and investors, "at this moment, we are flying blind," said Alan Greenspan, former chairman of the Federal Reserve and now president of Greenspan Associates LLC, a consulting firm.

Greenspan is not alone in feeling a little lost without the compass of government reports.

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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
1:07 pm
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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The Government Shutdown
4:51 pm
Fri October 4, 2013

The 'Faux Friday' Jobs Report: What Economists Can Guesstimate

Even without official Labor Department data, economists estimated jobs grew moderately last month.
Andrey Popov iStockphoto.com

Thanks to the federal government's partial shutdown, the Bureau of Labor Statistics skipped its monthly Big Reveal at 8:30 a.m. Friday.

There was no September employment report.

Without access to the BLS numbers, data junkies were left to scrounge around for lesser reports. Maybe if they could suck in enough small hits of other statistics, they could feel that old familiar rush?

Nope. Nothing can replace that BLS high.

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