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
7:49 am
Thu March 13, 2014

Overtime Pay Proposal Triggers A New Debate About Wages

Economists are divided about the White House plan to boost overtime pay for workers.
Doug Finger Gainesville Sun/Landov

Originally published on Thu March 13, 2014 1:56 pm

On Thursday, President Obama rolled out his plan for strengthening overtime pay protections for millions of workers. In his view, if more workers got fatter paychecks, they could spend more and stimulate the economy.

But if his critics are right, then employers would end up laying off workers to make up for the higher wage costs. And that would hurt the already painfully slow recovery.

Which scenario is right?

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Business
4:20 am
Sat March 8, 2014

Don't Run Out For Caviar Yet, But Wages Are Heading Higher

Construction companies added 15,000 jobs even though the weather was horrible in much of the country in February.
Sarah Glenn Getty Images

Originally published on Sat March 8, 2014 11:40 am

  • Freezing Weather Put A Chill On Economy, Housing Market?

Friday's monthly employment report was encouraging — but not just for job seekers. People who already have work could find something to celebrate too: Hourly wages rose at a decent pace.

That's a welcome change for employees who have seen only very, very modest raises in this economic recovery.

The Labor Department said average hourly wages rose by 9 cents an hour in February, up to $24.31. With that bump, workers are now making 2.2 percent more per hour than they were a year ago.

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Business
6:46 am
Wed March 5, 2014

Obama's Budget: Magic Wand Or Club?

President Barack Obama delivers remarks on his 2015 budget plan Tuesday at Powell Elementary School in Washington.
Pool Getty Images

Originally published on Wed March 5, 2014 10:02 am

Think of the budget plan released Tuesday by President Obama as a magic wand. If he could wave it and make every line come true, how would the U.S. economy look?

Like this:

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Business
4:26 am
Sun March 2, 2014

Marching Into Spring, Realtors' Hopes Rise

Economists say strong home sales this spring could drive job creation, as well as boost personal wealth and consumer confidence.
iStockphoto

Originally published on Sun March 2, 2014 11:07 am

For real estate agents, March Madness has begun.

The rush is on to throw out clutter, paint walls and clean carpets. Historic data show the peak time for selling homes is April through July, and that means this is the month for spring cleaning.

"Freshen up the landscape and add that mulch now," Dallas Realtor Jeff Duffey recommended in a phone interview. "Get your over-sized furniture out of the small bedroom and put more lamps in that dark room."

The economy has a lot riding on how well people obey Duffey's marching orders.

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The Two-Way
5:55 pm
Wed February 19, 2014

U.S. Government Will Back Loans For Nuclear Power

The containment vessel for a new nuclear reactor at the Vogtle nuclear power plant under construction near Augusta, Ga., in December 2012.
John Bazemore AP

Originally published on Thu February 20, 2014 5:05 am

Energy Secretary Ernest Moniz announced a multibillion-dollar loan guarantee Wednesday for building nuclear reactors in Georgia, underscoring the White House's plan for an "all of the above" energy strategy.

The two reactors will be the first built in this country in nearly three decades.

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The Two-Way
5:19 pm
Tue February 18, 2014

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

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

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

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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The Two-Way
5:10 pm
Thu February 13, 2014

Many Flights Canceled, But Fewer Fliers Stranded On Tarmac

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

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

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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Business
3:40 pm
Fri February 7, 2014

Disappointing Jobs Data May Point To A Tougher 2014

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

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

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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Business
2:38 pm
Wed February 5, 2014

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

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

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

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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The Two-Way
11:14 am
Tue February 4, 2014

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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