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.

Pages

10:32am

Fri July 12, 2013
Business

Does The Canadian Rail Explosion Make Pipelines Look Safer?

Originally published on Fri July 12, 2013 11:48 am

A police photograph shows burned and wrecked crude oil carrying rail tankers piled up in Lac-Megantic, Quebec, on Monday. Dozens of people died in the disaster.
EPA/Landov

When an oil-laden train derailed last weekend, it turned into an inferno that killed dozens in Lac-Megantic, a small town in Quebec.

This week, the Canadian tragedy is morphing into something very different. It is becoming Exhibit A in the political case for building pipelines — as well as for opposing them.

How could the same tragedy prove opposite points? Listen in to the debate:

Read more

12:32pm

Wed July 10, 2013
Business

Smithfield Says Pork Won't Change, But Some Aren't Buying It

Originally published on Thu July 11, 2013 8:08 am

A Smithfield ham at a grocery store in Richardson, Texas, in 2011. Some senators expressed qualms Wednesday about the intentions of Shuanghui International Holdings, which is buying Smithfield Foods.
LM Otero AP

Americans will get the same ham slabs and bacon slices they have enjoyed for generations, even after Smithfield Foods becomes a Chinese subsidiary, Smithfield CEO Larry Pope told Congress on Wednesday.

"It will be the same old Smithfield, only better," Pope said at a Senate Agriculture Committee hearing.

But several senators weren't buying the bacon-will-be-unbroken story once Hong Kong-based Shuanghui International Holdings owns Smithfield.

Read more

9:57am

Wed July 3, 2013
Business

Four Years Into Recovery, Are We Well Yet?

Originally published on Wed July 3, 2013 1:30 pm

Jeff Caldwell checks a vehicle on the assembly line at the Chrysler Jefferson North Assembly plant in Detroit in May. U.S. auto sales rose last month to their fastest pace since 2007.
Paul Sancya AP

The next couple of days will bring fireworks, hot dogs — and a new unemployment report.

At least the first two will be fun.

As for Friday's job-market assessment, the Labor Department report likely will show little or no change in the 7.6 percent unemployment rate. "There is still a general weakness in the labor market," says Daniel North, economist with Euler Hermes, a credit insurance company.

Read more

1:02am

Thu June 20, 2013
Business

If Supplies Of Oil Are Up, Why Is Gas Still Pricey?

Originally published on Thu June 20, 2013 6:00 pm

Jim White of Pennsylvania pumps gas at a BP station in Ocala, Fla., in April. The price of gasoline remains stubbornly high, which may put a crimp on summer travel plans.
Doug Engle Ocala Star-Banner / Landov

Supplies of oil have been surging this year, and U.S. drivers, who have been switching to more fuel-efficient cars, are using less gasoline.

That would seem to be the right economic combination to push down prices at the pump, but gasoline prices have remained stubbornly high this summer.

Even some people in the industry are wondering whether the law of supply and demand somehow has been repealed.

Read more

8:54am

Mon June 17, 2013
Business

Economists To G-8: Want Growth? Try This

Originally published on Mon June 17, 2013 10:13 am

A 2013 Accord is ready to come off the line at the Honda automobile plant in Marysville, Ohio, in 2012. Accords built at the 4,400-employee plant are shipped to South Korea — an example of the importance of trade to manufacturing jobs.
Paul Vernon Reuters/Landov

If economists were cheerleaders, their favorite shout-out might be: "What do we want? Growth! When do we want it? Now!"

They won't actually shout those words, but they may be thinking them as global leaders meet this week for a G-8 summit. Economists are hoping that at the gathering in Northern Ireland, leaders of eight major economies will discuss expanding global trade and investment to spur job creation.

Read more

9:58am

Fri June 7, 2013
Economy

No Big Waves In The Labor Pool

Originally published on Fri June 7, 2013 11:44 am

Shoppers walk along Broadway in New York City. Retailers added 28,000 in May amid signs of strength in consumer spending.
Spencer Platt Getty Images

June is a nice month for treading water — if you happen to be in a swimming pool.

But if you are in the labor pool and trying to make your way toward a job, a stronger current in the right direction would be appreciated.

Unfortunately, the jobs report released Friday by the Labor Department showed that the economy continues to drift along at a languid pace.

Read more

9:14am

Fri May 31, 2013
Business

Can A Huge Hog Deal Pose A National Security Risk?

Smithfield hams hang outside the Taste of Smithfield restaurant and gourmet market in Smithfield, Va. Shuanghui International Holdings plans to buy Smithfield Foods, the world's biggest hog producer.
Rich-Joseph Facun Reuters/Landov

Americans do love their bacon, but is that romance a national security issue?

Maybe.

This week, China's biggest pork producer announced plans to buy Virginia-based Smithfield Foods Inc. Republican Sen. Charles Grassley of Iowa wants a national security review by an interagency panel known as the Committee on Foreign Investment in the U.S., or CFIUS.

Read more

1:21pm

Wed May 29, 2013
Business

What's Under Youngstown May Help What's On Top

Originally published on Wed May 29, 2013 5:18 pm

By leasing land for drilling, city leaders in Youngstown, Ohio, hope to generate funds to demolish vacant buildings.
M.L. Schultze for NPR

A century ago, when fiery steel mills were roaring to life in Youngstown, Ohio, builders were racing to put up homes, storefronts, barbershops and more.

Today, many of those buildings sit empty and rotting. With the mills mostly gone and the population down 60 percent from 1960, to just 67,000, the city needs millions of dollars to tear down roughly 4,000 vacant structures.

Read more

1:34pm

Thu May 16, 2013
The Two-Way

U.S. Airlines Forecast A Sunnier Summer

Originally published on Thu May 16, 2013 2:53 pm

More passengers are expected to fly on U.S. airlines this summer, an industry group said Thursday.
David McNew Getty Images

After a long bumpy ride that started five years ago, the domestic airline industry seems to be pulling up and smoothing out.

The number of passengers planning to fly this summer will tick up 1 percent from 2012, climbing back to the highest level since 2008, an industry group said Thursday.

The airlines' profit outlook is also brighter, as jet fuel prices have settled down a bit. Passenger complaints are quieting down, too.

Read more

9:12am

Mon May 13, 2013
Business

Comp Time Or Cold Cash. Which Would You Pick?

Originally published on Mon May 13, 2013 11:19 am

Overtime or comp time? Which one suits you best?

Both you and your boss may agree it would be best for you to work a sixth day when a big project is due in March, and then take off for a long weekend in June. No big deal.

But under the Fair Labor Standards Act of 1938, private employers must pay time and a half to workers who put in more than 40 hours on the job in any one week.

Read more

11:53am

Fri April 26, 2013
U.S.

Flight Delays Push Congress To End Controller Furloughs

Travelers stand in line at Los Angeles International Airport on Monday. Congress moved quickly this week to give the Federal Aviation Administration flexibility to end air traffic controller furloughs that resulted in flight delays at several airports.
Damian Dovarganes AP

The U.S. Congress — a body not exactly known for its swift feet — raced Friday to complete legislation to help travelers avoid delays at airports.

The House voted 361-41 to approve legislation that the Senate passed without objection late Thursday. The bill gives the Federal Aviation Administration more spending flexibility to cut its budget while avoiding furloughs of air traffic controllers.

Read more

12:41pm

Thu April 25, 2013
The Two-Way

Still In The Middle Class, But Standing On A Banana Peel

Originally published on Thu April 25, 2013 1:01 pm

Most U.S. workers fit snugly into the middle class, but they worry a lot about falling out of it, according to a poll released Thursday.

After years of watching home prices slide and job creation stall, 6 in 10 Americans say they fear tumbling from the middle class in the next few years, the Allstate-National Journal Heartland Monitor Poll suggests.

Read more

3:28pm

Mon April 22, 2013
Business

Airport Delays Raise Questions About Controller Furloughs

Passengers check their flight status at Los Angeles International airport on Monday. The FAA said staffing cuts were causing delays in the Eastern U.S.
Damian Dovarganes AP

Some air travelers faced delays Monday as furloughs of air traffic controllers began taking effect.

Read more

10:47am

Sun April 21, 2013
The Changing Lives Of Women

An Exploration Of The Changing Lives Of Women

Graphic designer Kaleena Porter sits with her dog, Moby, in the living room of her new home in Washington, D.C.
Marie McGrory NPR

Many revolutions begin with the sound of explosions and marching boots.

Now, another revolution is shaking up the world, and it's moving forward to the beep of alarm clocks and the clack of heels heading out.

Legions of women around the world are leaving their homes to join the paid labor force. Worldwide, 4 in 10 paid workers are female; in the coming decade, an estimated 1 billion more women will enter the formal workforce, pushing up economic growth.

Read more

5:28am

Sun April 14, 2013
Business

Tax Tips For Procrastinators, And You Know Who You Are

Originally published on Mon April 15, 2013 10:40 am

A customer goes over tax documents at a post office in New York City on last year's Tax Day.
Justin Sullivan Getty Images

Still haven't filed your taxes, eh?

Well, you have until 11:59 p.m. Monday to get it all done — or at least file for an extension that gets you off the hook until Oct. 15. To help all of you procrastinators, here are answers to a few of your questions.

If I'm filing by mail, can I come skidding into the post office at 11:58 p.m. and still make the deadline?

Read more

4:41pm

Tue April 9, 2013
Your Money

Will You Be Chained To A Smaller Check In Retirement?

Originally published on Tue April 9, 2013 4:46 pm

Opponents of President Obama's expected proposed changes to Social Security rallied at the White House on Tuesday. Among them were lawmakers like Minnesota Democratic Rep. Rick Nolan.
J. David Ake AP

When President Obama on Wednesday unveils his blueprint for the government's 2014 budget, he'll offer lots of ideas for changes in taxes and spending.

But the proposal likely to grab the most attention will be the one dealing with cost-of-living adjustments for Social Security recipients. Many economists would applaud a change in the way Social Security officials measure inflation, but many older Americans may hiss, fearing a new formula will cut their benefits.

Read more

8:43am

Fri April 5, 2013
Economy

U.S. Job Growth Slows As Jobless Face Benefit Cuts

Originally published on Sat April 6, 2013 2:55 pm

Applicants complete forms at a job fair in Newark, N.J. Weak U.S. job growth comes at the same time benefits for the long-term unemployed are shrinking.
Mark Lennihan AP

The 11.7 million Americans searching for work got discouraging news Friday morning when the Labor Department said employers created only 88,000 jobs in March. The weak job growth comes at the same time benefits for the long-term unemployed are shrinking.

The smaller-than-expected increase in payrolls was a big disappointment, coming after a long stretch of much better results. Over the past year, employment growth has averaged 169,000 jobs a month.

Read more

5:16am

Thu March 28, 2013
Business

Cheap Natural Gas Pumping New Life Into U.S. Factories

Originally published on Tue April 23, 2013 3:13 pm

A worker hooks up pipe during natural gas drilling by EnerVest on the Barnett Shale near Fort Worth, Texas, in 2012.
Ron Jenkins MCT /Landov

The millions of Americans who lost factory jobs over the past decade may find this hard to believe, but U.S. manufacturing is coming back to life.

The chest compressions are applied by the pumping of cheap, domestic natural gas.

Read more

10:29am

Thu March 21, 2013
Crisis In The Housing Market

You Be The Judge: Is The Housing Market Really Improving?

A home for sale in Glenview, Ill. Existing-home sales hit the highest level in more than 3 years in February. But not everyone is convinced that the housing sector's momentum has staying power.
Nam Y. Huh AP

This week, optimists had no trouble finding fresh evidence to suggest that the housing market is recovering.

Read more

2:15pm

Mon March 18, 2013
Business

Why The Crisis In Cyprus May End Up Hurting You Too

Originally published on Wed March 20, 2013 10:28 am

Cypriots protest an EU bailout deal outside the parliament in Nicosia on Monday. A proposed bailout deal would slap a levy on all Cypriot bank savings.
Patrick Baz AFP/Getty Images

Ask Americans to point out Cyprus, and most would have to spin a globe several times before noticing the small island nation, east of Greece and south of Turkey.

But whether or not you have ever given a thought to the 1.1 million people living there under the warm Mediterranean sun, Cyprus might send a chill up your spine this week.

Read more

Pages