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
11:04 am
Wed July 11, 2012

Did The Great Recession Bring Back The 1930s?

Thousands of unemployed people wait outside the State Labor Bureau in New York City to register for federal relief jobs in 1933.
AP

Originally published on Wed July 11, 2012 1:00 pm

The long economic downturn that began in late 2007 came to be known at the Great Recession –- the worst period since the Great Depression of the 1930s.

Even though both events were momentous enough to earn the word "great" as a modifier, they really are not comparable, according to recent research by economist Mark Vaughan, a fellow at the Weidenbaum Center on the Economy at Washington University in St. Louis.

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Business
3:03 pm
Fri June 22, 2012

A Week Of Near-Calamities Erodes Confidence

Vanessa Loren shops in Miami. An index of consumer sentiment dropped more than expected in June.
Joe Raedle Getty Images

Originally published on Fri June 22, 2012 3:24 pm

When Moody's downgraded the credit ratings of most major U.S. banks on Thursday, you'd have thought Friday would be a tough day for bank stocks.

But bank stocks ticked up — largely because investors were relieved. They had feared the downgrades would be worse. The Dow Jones industrial average was recovering from Thursday's 250-point drop, the second-worst of the year.

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Business
5:57 am
Wed June 20, 2012

The Fed In 3 Phrases: Decoding Bernanke And Co.

Many economists are predicting Federal Reserve Chairman Ben Bernanke and his fellow policymakers will continue to depress long-term rates.
Alex Brandon AP

Originally published on Wed June 20, 2012 11:42 am

The Federal Reserve — the nation's central bank — will end its two-day meeting on Wednesday by offering its assessment of the economy, and then declaring its latest plan for making things better.

Investors all over the world will be waiting to hear just how weak — or not — the Fed thinks the U.S. economy is. And they will be watching to see whether the bankers plan to continue trying to stimulate growth by extending two controversial programs, one known as Operation Twist, and the other as quantitative easing.

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Economy
8:12 am
Fri June 15, 2012

Three Frightening Phrases You Should Understand

German Chancellor Angela Merkel speaks during a press conference in Brussels.
John Thys AFP/Getty Images

Originally published on Wed June 20, 2012 10:42 am

The economy has so much going for it: low inflation, low interest rates, affordable homes, falling gasoline prices and 27 straight months of job growth. Good times, no?

No.

The economy is slowing, but not because of current conditions. The slowdown reflects the fear of what may be coming next. Economists say employers and investors are paralyzed by the uncertainty surrounding three huge problems: one in the United States, another in Europe and the third in China.

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Your Money
5:42 pm
Tue June 12, 2012

Credit Card Debt Cut: The Reason May Surprise You

iStockphoto.com

Originally published on Tue June 12, 2012 6:17 pm

A Federal Reserve study showing that Americans lost wealth in the Great Recession turned up another, perhaps more surprising, result: Credit card debt fell sharply.

"The percentage of families using credit cards for borrowing dropped over the period; the median balance on their accounts fell 16.1 percent" between 2007 and 2010, the report concluded.

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