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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Economy
11:30 am
Tue October 16, 2012

5 Questions 'Real' People Might Ask At The Debate

An audience member holds up his hand at a Mitt Romney town hall meeting in Dayton, Ohio, in March. Audience members will be allowed to ask questions at the second presidential debate, being held Tuesday night in Hempstead, N.Y.
Gerald Herbert AP

As this election year began, political pundits insisted the No. 1 issue would be the economy. They expected the candidates to offer voters detailed plans for encouraging job growth.

Now, with the election just three weeks away, many Americans are still scratching their heads, wondering what exactly President Obama and former Gov. Mitt Romney would do to improve the economy.

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Business
11:10 am
Thu October 11, 2012

Beep If You Understand Veep Buzzwords

Wind turbines dwarf a church near Wilson, Kan. The White House wants to extend a federal wind energy credit, but the Romney campaign wants to let it expire.
Charlie Riedel AP

Originally published on Thu October 11, 2012 12:07 pm

When Vice President Joe Biden and U.S. Rep Paul Ryan face off during their only debate, tens of millions of Americans will tune in to hear them defend their running mates' records.

And that audience Thursday night also will hear lots of budget-related buzzwords, with meanings that may not be entirely clear. Those words are shorthand for policies that could have huge impacts on taxpayers and the annual $1 trillion budget deficit.

Brushing up on terms of the debate can help voters better understand what's really being said on the stage at Centre College in Kentucky.

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The Two-Way
4:42 pm
Wed October 10, 2012

JPMorgan Chase CEO: 'I Should Have Caught' $5.8 Billion Error

Originally published on Wed October 10, 2012 4:49 pm

JP Morgan Chase CEO Jamie Dimon, wearing a dark suit possibly made of sackcloth, didn't hold back when discussing the derivative trades that led to massive losses for his company.

"We made a stupid error," he said before a lunchtime audience at the Council on Foreign Relations in Washington on Wednesday. "We screwed up."

Then he got more specific: "I should have caught it ... I didn't."

The company estimates it lost $5.8 billion, thanks to a London-based trader, nicknamed the "London whale," who took large, risky positions in credit derivatives.

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Business
12:33 pm
Fri October 5, 2012

One Jobs Report, Two Different Political Spins

Democrats say the economy is growing and jobs consistently are being added. But Republicans note that the pace is far too slow to absorb the more than 12 million people still looking for work.
Mladen Antonov AFP/Getty Images

Originally published on Fri October 5, 2012 3:22 pm

With a new report showing the nation's unemployment rate fell to 7.8 percent last month, the Obama administration got good news Friday: Jobs are indeed growing. But, as Republicans noted, the pace remains well below the level needed to provide paychecks for the 12.1 million people seeking them.

The truth is, each party could find evidence to support either a positive or negative spin on the labor market, which is recovering — yet weak.

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Election 2012
7:35 am
Wed October 3, 2012

Before The Debate, Brush Up On Buzzwords

The General Motors headquarters in Detroit. The U.S. government bailout of GM and Chrysler has been a key economic issue in the presidential campaign.
Carlos Osorio AP

Originally published on Wed October 3, 2012 8:56 am

In their first debate Wednesday night, the two presidential candidates will explain their plans for fixing the U.S. economy.

Good luck.

The problems are complicated and long-standing, so the solutions may not be easy to spell out in the two minutes allowed for each answer under the debate rules.

But President Obama, the Democratic incumbent, and former Gov. Mitt Romney, his Republican challenger, will try, and about 60 million people are expected to tune in. This first debate will focus on domestic issues, with the economy topping the list of homefront problems.

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The Two-Way
12:10 pm
Mon October 1, 2012

Report: If Congress Ignores 'Fiscal Cliff,' Most Americans Will Pay More Taxes

In this Nov. 19, 2011 fie photo the U.S. Capitol building is seen in Washington.
Pablo Martinez Monsivais AP

Unless Congress passes legislation in a lame-duck session, taxes will be higher by a half-trillion dollars next year, costing the average household nearly $3,500 a year, according to a just-released report by the Urban-Brookings Tax Policy Center.

After studying details of the tax changes now set to take effect for 2013, the researchers were struck by "how big the tax increase is," said Eric Toder, one of those researchers. "It's a huge, huge number."

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The Two-Way
3:22 pm
Wed September 26, 2012

Freddie Mac Didn't Harm Homeowners, Inspector General Says

In January, NPR and ProPublica reported on a potential conflict of interest at Freddie Mac, a mortgage giant sponsored by the federal government. The stories noted that even as Freddie Mac was writing rules making it harder for homeowners to refinance their mortgages, it also was stepping up investments in securities that gain when homeowners remain stuck in high-rate loans.

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Economy
1:48 pm
Tue September 25, 2012

Two Plans For Fixing The Economy, But Few Details

Job seekers fill out applications Aug. 21 at a construction job fair in New York. Polls show voters want the presidential candidates to provide more details on how they would reduce unemployment, change tax policy and alter government spending.
Seth Wenig AP

As this presidential election year was kicking off, strategists were saying the focus would be on the economy. But now — even as absentee ballots are being filled in — the candidates are still dodging details about how to improve growth.

"President Obama doesn't have a plan," says Kevin Hassett, an economic adviser to Republican candidate Mitt Romney.

Jeffrey Liebman, an economic adviser to President Obama, says Romney has revealed no plan other than "going back to the failed policies of the past decade."

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U.S.
11:14 am
Thu September 20, 2012

'Fiscal Cliff' Scenarios Leave Economists On Edge

Economists hope lawmakers can avert a "fiscal cliff" after November's election, but what if Congress runs out of time?
Pablo Martinez Monsivais AP

Originally published on Thu September 20, 2012 2:46 pm

Members of Congress are about to flee Capitol Hill, and they'll be gone until Nov. 13, one week after Election Day.

As they shift to full-time campaigning, lawmakers are leaving behind many questions about the "fiscal cliff," a massive cluster of automatic spending cuts and tax-break expirations that come together around year's end.

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Business
6:32 pm
Thu September 6, 2012

Stocks Get Bounce From Europe; Focus Turns To Jobs

Traders on the floor of the New York Stock Exchange on Aug. 9. Economic developments on both sides of the Atlantic could have a big impact on the U.S. presidential election.
Richard Drew AP

As the political conventions wrap up, talking points concerning the economy may seem locked into place: Growth is continuing, but at a slow pace.

Don't be fooled.

There's still plenty of time for big surprises, and Thursday provided a stunning example. Stock prices shot to highs not seen in years.

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