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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The Two-Way
1:40 pm
Wed February 29, 2012

Will Fed Chairman Bernanke Be Right This Time?

Federal Reserve Chairman Ben Bernanke during his congressional testimony today.
Chip Somodevilla Getty Images

No one ever said economic forecasting was easy:

On the last day of February 2007, Federal Reserve Chairman Ben Bernanke told Congress that "the fundamentals are very strong" for the U.S. economy.

And about those problems starting to show up in the housing market? "We don't see it as being a broad financial concern or a major factor in assessing the course of the economy," he said back then.

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The Two-Way
3:33 pm
Tue February 28, 2012

Airline Trade Group: The Business Of Flying Is Tough

Originally published on Tue February 28, 2012 4:02 pm

For airlines, it ain't easy making a buck. In fact, even a penny is out of reach.

Airlines for America, a trade association for major U.S. carriers, says the industry earned less than half a penny in profits for every $1 of revenue generated during 2011.

The poor financial performance wasn't a fluke. Over the past decade, airlines have lost a collective $50 billion.

On Tuesday, the trade group said something has got to change. Association CEO Nicholas Calio sat down with journalists to explain a new industry push for a "National Airline Policy."

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Your Money
7:49 am
Mon February 27, 2012

Warm Winter Is Helping Consumers Cope

A woman takes in the sunshine while reading in Central Park on Feb. 1 in New York City, where temperatures topped 60 degrees.
Mario Tama Getty Images

Originally published on Mon February 27, 2012 1:14 pm

The rapidly rising price of gasoline has not stalled the economic recovery — at least not yet. And one reason for that may be found in fields of daffodils.

This year's unusually warm winter has held down heating costs, helping consumers spend less on their monthly utility bills.

"Weather plays a big role" in determining what's left in your checking account as winter wraps up, said Jonathan Cogan, a spokesman for the Energy Information Administration.

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Economy
6:11 am
Fri February 17, 2012

Does The Strengthening Economy Still Need Congress?

Employment has been rising in recent months, but most economists say Congress should keep trying to boost consumer spending.
Mark Lennihan AP

Originally published on Fri February 17, 2012 11:25 am

Congress on Friday approved legislation to continue a payroll tax holiday and extend benefits for the long-term unemployed.

The goal is to make sure Americans have enough spending money to keep the recovery from faltering. President Obama is expected to sign the legislation.

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The Two-Way
4:29 pm
Wed February 15, 2012

Robert Rubin: Economic Future Is Most 'Uncertain' He's Ever Seen

Former Treasury Secretary Robert Rubin says the U.S. economic outlook is the most "uncertain" he has seen in his lifetime.

Given that he was born during the Great Depression (1938), and lived through the Cold War, the 1970s' inflation, a brutal 1980-82 recession and the recent global financial crisis, that may be saying a lot.

Rubin, who was President Clinton's Treasury secretary, is now co-chairman of the Council on Foreign Relations. He spoke Wednesday in Washington, D.C., at a conference called "American Competitiveness: What Works," sponsored by General Electric.

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Economy
12:53 pm
Fri February 3, 2012

Have Economists Got It Wrong About The U.S.?

Federal Reserve Chairman Ben Bernanke pauses during a hearing before the House Budget Committee on Feb. 28, 2007.
Alex Wong Getty Images

Originally published on Fri June 22, 2012 10:23 am

Five years ago, a subprime mortgage firestorm was melting down the U.S. economy, but most analysts didn't see it happening.

Federal Reserve Chairman Ben Bernanke, testifying before Congress in February 2007, said the housing sector "is a concern, but at this point we don't see it as being a broad financial concern or a major factor in assessing the course of the economy."

If he and the vast majority of economists were blind to the economic and financial calamity taking shape then, could they also be missing the start of a huge economic boom now?

A boom? Really?

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The Two-Way
1:12 pm
Wed January 25, 2012

Keystone Pipeline's Connection To Payroll Taxes? It's Up For Debate

Originally published on Wed January 25, 2012 2:36 pm

The Keystone XL pipeline is supposed to connect Canada to Texas. But does it also have to connect to a payroll tax holiday?

White House Senior Advisor Valerie Jarrett, speaking today on NPR's Tell Me More, said no link should be made because the oil pipeline is not "germane" to legislation involving a tax holiday.

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Business
11:32 am
Tue January 24, 2012

Davos: A Super Bowl For Smart, Rich People

A guard stands next to a logo of the World Economic Forum at the Congress Center in the Swiss resort of Davos.
Fabrice Coffrini AFP/Getty Images

When winter reaches its dreariest depths each year, Americans cheer themselves by planning Super Bowl parties. They want to reconnect with friends, eat, drink and share observations about who is likely to win — or lose.

But if you are very smart or very rich or even better, both — then you break up the mid-winter blahs by going to Davos.

That's the Swiss town where the financially, intellectually and politically powerful convene each year to reconnect with friends, eat, drink and share observations about winning and losing.

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Business
6:28 am
Thu January 19, 2012

So, Um, What Is A Private Equity Firm?

Before entering politics in the 1990s, Romney co-founded Bain Capital, one of the nation's largest and most profitable private equity funds.
David L. Ryan Boston Globe via Getty Images

Originally published on Thu January 19, 2012 2:57 pm

In the run-up to Saturday's GOP presidential primary in South Carolina, candidates have clashed over the role of Bain Capital — a firm that either creates or kills jobs, depending upon whom you believe.

Front-runner Mitt Romney sees the bright side. Before entering politics in the 1990s, he co-founded Boston-based Bain Capital, one of the nation's largest and most profitable private equity funds. He has said he created 100,000 jobs while at Bain.

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It's All Politics
12:00 pm
Thu January 12, 2012

U.S. Chamber President Criticizes GOP's 'Intramural' Battle Over Bain

U.S. Chamber of Commerce President Tom Donohue at a press conference Thursday in Washington.
Brendan Smialowski Getty Images

Originally published on Thu January 12, 2012 1:57 pm

The "Battle Over Bain" has become a hot topic at the U.S. Chamber of Commerce, a key player in politics.

U.S. Chamber of Commerce President Tom Donohue says he is "disappointed" that some GOP presidential candidates are attacking front-runner and former Massachusetts Gov. Mitt Romney for his work at Bain Capital in the 1990s.

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