Marilyn Geewax

Marilyn Geewax is the senior business editor for NPR's National Desk. Besides assigning and editing business stories, Geewax regularly discusses economic issues on Weekend Edition Sunday.

Geewax was previously the national economics correspondent for Cox Newspapers' Washington Bureau. Before coming to Washington in 1999, she worked for the Cox flagship paper, the Atlanta Journal-Constitution, first as a business reporter and then as a columnist and editorial board member. She has also reported for the Akron Beacon Journal.

In 2004, Geewax earned a master's degree at Georgetown University, where she focused on international economic affairs. During 1994-1995, she studied economics and international relations at Harvard as a Nieman Fellow. She was also a Davenport Fellow at the University of Missouri, and earned a bachelor's degree in journalism from The Ohio State University.

From 2001 to 2006, Geewax taught a business journalism class as an adjunct professor at George Washington University.

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7:40am

Sun July 17, 2011
Economy

Consumers' Personal Debt Ceilings On The Rise Again

While consumers reduced credit card spending after the financial crisis hit, they are starting to raise their debt loads again.
iStockphoto.com

While Congress has been debating ways to lower the nation's debt ceiling, consumers have been quietly raising their own debt ceilings. Federal Reserve data show consumer debt has begun ticking up again after dropping during the recession.

In the years just before the financial crisis hit in 2008, Americans were borrowing more and more. In 2000, the total debt load for U.S. households was roughly $5 trillion. That shot to about $12.5 trillion by 2008, according to data compiled by the New York Federal Reserve Bank.

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12:01am

Thu July 7, 2011
Politics

Let's Make A Debt-Ceiling Deal

Karen Bleier AFP/Getty Images

On Thursday morning, President Obama will meet in the White House with top Democratic and Republican lawmakers — four from the House and four from the Senate — to continue work on a massive debt-reduction deal.

The goal is to complete a long-term, multitrillion-dollar budget reduction package by about July 22. That would give Congress enough time to write the deal into legislation, pass it and get it to Obama for his signature before the federal government reaches its $14.3 trillion debt limit on Aug. 2.

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6:59am

Sun June 26, 2011
Economy

Why So Glum? Economic Optimism Dims

The latest surveys show that both business owners and consumers have been losing confidence in the U.S. economy. That pessimism is just the latest blow to hopes for a speedy recovery.

Last week, even Federal Reserve officials said they have grown more pessimistic about the economic outlook this year. The policy makers cut their forecast for 2011 to a growth rate of just 2.7 to 2.9 percent — down from their April estimate of 3.1 to 3.3 percent.

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5:34pm

Mon June 13, 2011
The Two-Way

Vilsack: Growing Corn To Grow Jobs

On Tuesday, the U.S. Senate is expected to vote on an amendment to kill federal tax incentives for the ethanol industry. Sen. Tom Coburn, R-Okla., pushed for the vote to cut the 45-cent-per-gallon tax credit, worth about $6 billion a year, for refiners and gasoline blenders.

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7:44pm

Sat June 11, 2011
Business

After Wild Weather, Higher Food Prices On Horizon

Throughout April and May, U.S. farmers faced floods, tornados, downpours and droughts — all of which made planting difficult. Now in June, intense heat has been sweeping over much of the country.

The harsh weather likely will reduce the fall's harvest, according to a new report from the U.S. Department of Agriculture. That, in turn, could further drive up grocery prices for consumers.

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7:13am

Sun May 29, 2011
Economy

Holiday Travelers Welcome Back The Vacation

2010: Costs dominated Memorial Day plans.
IBM

This Memorial Day weekend is kicking off what promises to be the best vacation travel season since 2007.

"Workers are starting to regain enough confidence in their employment situation to ask for and actually use vacation time," John Challenger said in a written analysis. He's chief executive of Challenger, Gray & Christmas, Inc., an outplacement firm based in Chicago.

Over the past three summers, the travel and leisure sectors have been hurt by the surge in "staycations," the stay-at-home alternatives for people who couldn't afford destination vacations.

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8:17am

Sun May 15, 2011
Your Money

Money Counts: A Series For The Financially Young

The young people set to graduate this spring will soon be facing adult financial responsibilities, like earning paychecks, paying bills and managing their debts.

But many of these graduates already have advanced degrees from the School of Hard Knocks. Over the past four years, the Class of 2011 has lived through the nation's toughest economic period since the Great Depression of the 1930s.

Many students have watched their parents lose jobs — and even homes. Now it's time for this next generation to begin building a better financial foundation for themselves.

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8:12pm

Sat April 9, 2011
Your Money

Paychecks Can't Keep Up With Rising Prices

Anyone who has filled a gas tank or shopped for ground beef recently knows that prices are headed higher.

But while many retail prices may be moving up, workers' wages are remaining flat. The mismatch between rising prices and stagnant wages is putting a squeeze on workers this year.

On one side of the misery equation, Americans have been seeing retail prices rise at an annualized rate of more than a 5.6 percent so far this year, according to the Bureau of Labor Statistics.

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