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.

Conservative activists in the Tea Party want Congress to cut government budget deficits. At the same time, liberal protesters in the Occupy Wall Street movement want lawmakers to reduce wealth inequality.

Both goals could be achieved by doing one thing: reducing Social Security payments to retirees, the wealthiest demographic group in the country.

The latest jobs report shows the U.S. economy is continuing to grow. But the pace is slow enough to suggest the holidays may not be very bright, especially for people seeking seasonal work.

Employers added a total of 80,000 jobs last month — about half the number needed to keep pace with population growth and begin pulling nearly 14 million job seekers back into the workplace.

When Columbus sailed west in the late 15th century, he launched a long and lucrative relationship between Europe and the Americas. Family ties, economic bonds and shared military goals continue to knit us together.

But as the European debt crisis has deepened, it has highlighted this early 21st century shift: The United States is becoming more of a Pacific Rim country and less of a North Atlantic partner.

This weekend, French President Nicolas Sarkozy and German Chancellor Angela Merkel will meet in Brussels with other European Union leaders. Their goal: to settle on a plan to pay the debts of struggling member nations.

Their meeting might go better if Alexander Hamilton's ghost could get a seat at the table.

Hamilton, one of the United States' Founding Fathers, was the fiscal genius who insisted that paying off debts of this union's member states would lead to economic greatness.

Speculators in the agricultural commodities markets are forcing grocery prices to rise too quickly and erratically, according to some top economists marking World Food Day on Sunday.

"Excessive financial speculation is contributing to increasing volatility and record food prices, exacerbating global hunger and poverty," wrote 461 economists, from more than 40 countries, in an open letter.

A few weeks ago, dismal economic reports seemed to be pointing to one conclusion: The economy was slipping into another recession. Investors fled the stock market, pundits predicted doom and political leaders pointed fingers, trying to fix blame for a faltering economy.

Despite concerns about Congress and the European debt crisis, most U.S business owners remain optimistic and expect growth to continue this year, the heads of both General Electric and FedEx said Thursday.

"There's still a lot of growth," GE CEO Jeff Immelt told about 600 executives attending a conference on middle-sized businesses. "It's a long, slow recovery...but it is getting better."

FedEx CEO Fred Smith agreed, saying that shipments of goods continue to reflect a growing economy. "We don't see a contraction," Smith said. "Just slow growth; steady as she goes."

This year, the annual budget fight has become especially muddled. That's because Congress and the White House are actually engaged in three different, but related, budget debates that are going on simultaneously.

Ultimately, the three battles involve just one question: How much money should government take in and spend? But the separate tracks involve different time horizons, and each problem has to be resolved in a different way.

Here is a fresh look at the three ongoing budget battles:

1. The Fiscal 2012 Budget


Three years ago this month, chaos ruled in financial markets.

Huge financial companies, such as Lehman Brothers, Merrill Lynch and AIG were stumbling, and government officials were scrambling to prevent a global financial meltdown. They threw together bailouts and pushed weak companies to merge with stronger ones.

The central bankers, Treasury officials and lawmakers eventually did manage to reassure investors enough to restore order in the financial system. However, the aftershocks of the crisis are still being felt today.