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 NPR's mid-day show 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 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 business reporter for the Akron Beacon Journal.

Over the years, she has filed news stories from China, Japan, South Africa and Europe. Recently, she headed to Europe to participate in the RIAS German/American Journalist Exchange Program.

Geewax was a 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 from The Ohio State University.

She is a member of the National Press Club's Board of Governors and serves on the Global Economic Reporting Initiative Committee for the Society of American Business Editors and Writers.

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Business
3:11 pm
Thu March 12, 2015

Obama, Unions On Opposite Sides Of The (Fast) Track For Trade Deals

Shipping containers at the Port of Los Angeles. Unions are stepping up their efforts to thwart White House plans for passing foreign trade deals on a "fast track" through Congress.
Nick Ut AP

Originally published on Thu March 12, 2015 4:06 pm

This week, labor leaders made sure President Obama knows that when it comes to foreign trade, they are living on opposite sides of the track — the "fast track," that is.

That's a term describing a president's broad power to negotiate a trade agreement — and then put the final package on a "fast track" through Congress. Lawmakers can give it a yes-or-no vote, but can't amend or filibuster the deal.

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Business
10:03 pm
Mon March 9, 2015

The Numbers Add Up To This: Less And Less Opportunity For Poor Kids

An employee at the American Disposables Inc. factory works on the assembly line in October 2009 in Ware, Mass. The state has seen rapidly expanding income disparity in the past 50 years as highly educated tech and financial workers have seen big gains and inflation-adjusted income has shrunk for the poorest residents.
Spencer Platt Getty Images

Originally published on Tue March 10, 2015 11:57 am

In this country, all children are supposed to have a shot at success — a chance to jump "from rags to riches" in one generation.

Even if riches remain out of reach, then the belief has been that every hard-working American should be able to go from poverty to the middle class.

On Tuesday, a book and a separate study are being released — both turning up evidence that the one-generation leap is getting harder to accomplish in an economy so tied to education, technological know-how and networking.

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Economy
7:22 am
Sat March 7, 2015

More Jobs, Less Inflation Drive Down 'Misery' — So Where's The Joy?

Construction workers in Washington, D.C., in December. The latest jobs report will further drive the "misery index" to its lowest level in more than half a century. But economists say meager wages and big debts are still problems.
Paul J. Richards AFP/Getty Images

For decades, economists have tracked the "misery index," a simple formula that adds the unemployment rate to the inflation rate. The result equals how miserable — or not — you feel.

On Friday, the Labor Department released February's jobs report, and the good numbers will further drive down the misery index, already at its lowest level in more than a half-century, thanks to falling oil prices.

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The Two-Way
11:49 am
Mon March 2, 2015

Wages And Prices: A Welcome Breakup

Bigger paychecks plus lower prices add up to more buying power for consumers.
DNY59 iStockphoto

A new government report confirms: Wages and prices are going their separate ways.

This breakup is helping consumers on the rebound from recession.

Fresh evidence of the split came Monday in the Commerce Department's monthly report on personal spending, income and saving. It showed paychecks are fatter, prices are leaner and Americans are saving more.

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Economy
10:01 am
Thu February 26, 2015

Higher Wages, Lower Prices Give Consumers A Break

A sharp drop in gasoline prices led the consumer price index to fall in January. The CPI posted its first year-over-year drop since 2009.
Rich Pedroncelli AP

Originally published on Mon March 2, 2015 11:54 am

Economists usually worry about a "wage-price spiral" taking hold. That's when workers are earning more, but losing buying power as prices rise.

For now, at least, something very rare is happening: Paychecks and prices are heading in opposite directions.

"You have a schism that's helpful to consumers," IHS economist Doug Handler said about the recent decline in prices and rise in wages.

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