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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1:27pm

Thu June 25, 2015
The Two-Way

Congress Signs Off On Trade Bills, Handing Obama A Huge Win

Originally published on Thu June 25, 2015 4:14 pm

The U.S. House voted 236-138 Thursday to tie a bow on President Obama's package of trade-related legislation — giving him final approval on everything he wanted.

The Senate already had signed off on all of it, granting: 1) enhanced trade negotiation powers to the president, 2) aid for displaced workers and 3) trade incentives for sub-Saharan Africa.

Thursday's vote marked a stunning victory for Obama by clearing his path to completing the proposed Trans-Pacific Partnership, a trade deal involving the United States, Japan and 10 other Pacific Rim nations.

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4:50pm

Wed June 24, 2015
The Two-Way

Senate Passes Fast-Track Trade Legislation, 60-38

Originally published on Thu June 25, 2015 7:29 am

The Senate handed President Obama a huge victory Wednesday afternoon, giving him final approval of legislation that enhances his power to negotiate trade deals.

The bill needed just 51 votes, but passed 60-38, making it look almost easy.

But earlier this month, the legislation granting Trade Promotion Authority seemed likely to die because of fierce opposition from many Democrats and some Republicans. Various legislative maneuvers were employed to set back the measure.

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1:43pm

Tue June 23, 2015
The Two-Way

Senate Votes To Advance The White House Trade Agenda

Originally published on Tue June 23, 2015 4:58 pm

The Senate voted 60-37 Tuesday to advance President Obama's trade agenda — setting up a big victory for the White House and a painful loss for labor unions.

This latest Senate vote clears away procedural hurdles for legislation granting Trade Promotion Authority (TPA) to Obama. That power allows the president to negotiate trade pacts and then put them on a so-called fast track through Congress. With TPA in place, Congress would take a simple yes-or-no vote on any trade deal, with no room for amendments.

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11:55am

Tue June 23, 2015
Business

Airlines Vs. Airports: A Dogfight Over Fees Imposed On Fliers

Originally published on Tue June 23, 2015 2:35 pm

A plane takes off from New York's John F. Kennedy International Airport on May 25. Airports want Congress to raise passenger fees to pay for improvements.
Trevor Collens AFP/Getty Images

You'd think everyone in the aviation industry would be on the same page about improving air travel. Surely they all want more modern aircraft and upgraded airports, right?

They do. But airlines and airports are in a political dogfight this summer over who should be getting more of your money for improvements.

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4:39pm

Wed June 17, 2015
The Two-Way

Yes, Your Car Loan Will Still Be Cheap As Fed Holds Rates Low

Originally published on Wed June 17, 2015 4:48 pm

Lincoln Mercury vehicles at a dealership lot in Sterling Heights, Mich.
Paul Sancya AP

The Federal Reserve's policymakers Wednesday held steady on interest rates — and gave no specific time frame for when they might change course.

That was the expected outcome of their two-day meeting.

But this changed: The policymakers seemed a bit more optimistic about the U.S. economy. Their statement said that while inflation is very low, "economic activity has been expanding moderately."

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12:00pm

Tue June 16, 2015
The Two-Way

U.S. House Votes To Buy Time For Obama's Trade Agenda

Originally published on Wed June 17, 2015 5:10 pm

Updated at 2:55 p.m. ET

This afternoon, the U.S. House voted 236 to 189 to give itself six more weeks to sort out tangled legislation involving trade.

The House Republican leaders prodded their members to approve a rule change that extends time for a second vote on one part of a trade package. This portion, called Trade Adjustment Assistance, failed on Friday.

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2:30pm

Fri June 5, 2015
Economy

Teens Hoping For More Jobs, Higher Wages This Summer

Originally published on Mon June 8, 2015 3:10 pm

José Moncada, 16, signed up for a summer youth employment program in New York City. He said hopes to earn enough to help his family, which lives on less than $30,000 a year.
Kaomi Goetz for NPR

Recipe for a good summer-job market: First, hire a lot of people in May. Second, give workers raises, and third, push down gasoline prices. Mix it all together — and pour out hope for teen workers.

"Having a job makes me feel really excited. I can put my own money in my pocket instead of asking my parents for money all the time," said José Moncada, a 16-year-old job seeker in New York City.

Moncada and other teens may have caught a break Friday when the economy followed that seasonal employment recipe precisely.

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7:24pm

Fri May 15, 2015
The Two-Way

Big 3 Airlines Say Foreign Competitors Are 'Dumping' Seats In U.S.

Originally published on Fri May 15, 2015 7:45 pm

A Qatar Airways plane loads cargo on Feb. 3, 2013, at John F. Kennedy International Airport in New York. The big three U.S. airlines — Delta, United and American — say Persian Gulf carriers like Qatar Airways, Emirates Airlines and Etihad are "dumping" seats in the U.S.
Robert Nickelsberg Getty Images

Many U.S. passengers who have been wedged into coach-class seats on long flights might welcome more flying options — even if that competition were to come from overseas.

But the chief executives for Delta, United and American airlines say it's not fair if such competition involves big government subsidies given to state-backed carriers.

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5:24pm

Wed May 13, 2015
It's All Politics

The Morning After: Lawmakers Vote To Reduce Amtrak Funding

"Starving rail of funding will not enable safer train travel," Rep. Nita Lowey, D-N.Y., told the House Appropriations Committee Wednesday. Rep. Mike Simpson, R-Idaho, admonished Democrats: "Don't use this tragedy in that way," he said. "It was beneath you."
Mark Wilson Getty Images

Transportation funding was going to get plenty of attention this week in Washington — even before an Amtrak train derailed about 140 miles to the north.

This is National Infrastructure Week, so lobbyists, labor leaders and activists started swarming Capitol Hill on Monday, seeking funds for roads, bridges and other projects related to transportation.

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3:33pm

Fri May 8, 2015
The Two-Way

Would More Trade Help The Job Market Run Faster Or Trip It Up?

Originally published on Fri May 8, 2015 3:48 pm

Workers unload cargo at the Port of Portland's Terminal 6 in Portland, Ore.
Rick Bowmer AP

The Labor Department's latest report shows employers created 223,000 jobs in April and the unemployment rate went down another notch to 5.4 percent.

So, yay!

But study the wage figures in Friday's report — and your "yay" turns to "meh."

Workers got raises of just 0.1 percent in April. Over the past year, wages advanced only 2.2 percent, a pace that amounts to treading water for most families. The average workweek has stalled at 34.5 hours, unchanged from the previous month — and from a year ago.

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2:33pm

Wed May 6, 2015
The Two-Way

Fed Chair Yellen's Warning Adds To Recent Market Jitters

Originally published on Wed May 6, 2015 6:06 pm

Federal Reserve chief Janet Yellen's remarks Wednesday made a lot of investors blink. But there's something to keep in mind before you sell based on her advice.
Mark Wilson Getty Images

Both stock and bond markets had already been having a rough week, and then on Wednesday, Federal Reserve Chair Janet Yellen added to the jitters.

She warned that stock valuations are "generally quite high," and that "there are potential dangers there."

So if you happen to be an investor who wants to buy low and sell high (and really, who doesn't?), then you might take Yellen's comment as a suggestion that it's time to sell.

And that's just what happened: Measures of U.S. stock prices all slipped — down about 0.7 percent by midday.

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5:01pm

Wed April 29, 2015
Business

Japan's Abe Pushes The Pacific Trade Deal Onto Center Stage

Japan's Prime Minister Shinzo Abe speaks during a joint press conference at the White House with President Obama on Tuesday. Abe is urging U.S. lawmakers to approve a trans-Pacific trade deal.
Mandel Ngan AFP/Getty Images

President Obama's plan for creating a Pacific Rim trade zone has been hovering in the wings, waiting for the right moment to demand attention.

On Wednesday, Japanese Prime Minister Shinzo Abe pushed it out on to center stage during a dramatic joint meeting of the U.S. House and Senate. He urged Congress to approve the proposed Trans-Pacific Partnership, or TPP.

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1:07pm

Tue April 14, 2015
The Two-Way

Cheap Oil Fuels Global Growth. Now If We Just Had Roads And Bridges

Originally published on Tue April 14, 2015 6:05 pm

Men work on an oil pump during a sandstorm in the desert oil fields of Sakhir, Bahrain, in January.
Hasan Jamali AP

The global economy won't sink this year, thanks to the oceans of cheap oil keeping it afloat.

That's the bottom line of the World Economic Outlook, released Tuesday by the International Monetary Fund. The 2015 pace of economic growth will tick up to 3.5 percent, helped along by lower energy costs and weaker currencies.

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7:03am

Tue April 14, 2015
It's All Politics

'Clintonomics' Ruled The 1990s; 'Hillarynomics' Would Be Different

Originally published on Tue April 14, 2015 2:47 pm

Hillary Clinton begins to speak as her husband, former President Bill Clinton, moves to take a seat after introducing her at the Clinton Global Initiative on Sept. 22, 2014, in New York.
Mark Lennihan AP

If you are under 30, this may be hard to imagine, but in the late 1990s, the economy was a job-generating machine.

In 2000, the final year of Bill Clinton's presidency, the unemployment rate fell as low as 3.8 percent. Then, within a decade of his White House departure, the rate was up to 10 percent.

Those two numbers explain why the name "Clinton" remains magic for many. People who got jobs, bought homes and invested money two decades ago associate "Clintonomics" with good times.

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4:49pm

Wed April 8, 2015
The Salt

The Latest Item On McDonald's Shifting Menu: A $5 Burger

Originally published on Wed April 8, 2015 6:39 pm

The new Sirloin Third Pound burgers will be offered at McDonald's starting later this month, for a limited time.
Courtesy of McDonald's

McDonald's has been struggling in recent years to keep pace with fast-casual chains like Five Guys and Chipotle Mexican Grill.

So the fast-food giant is testing different menu options to lure back customers. Starting later this month, McDonald's diners will be able to choose a $4.99 sandwich — the Sirloin Third Pound burger.

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