Marilyn Geewax

Marilyn Geewax appears in the following:

Overtime Pay Proposal Triggers A New Debate About Wages

Thursday, March 13, 2014

On Thursday, President Obama rolled out his plan for strengthening overtime pay protections for millions of workers. In his view, if more workers got fatter paychecks, they could spend more and stimulate the economy.

But if his critics are right, then employers would end up laying off workers to ...

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Don't Run Out For Caviar Yet, But Wages Are Heading Higher

Saturday, March 08, 2014

Friday's monthly employment report was encouraging — but not just for job seekers. People who already have work could find something to celebrate too: Hourly wages rose at a decent pace.

That's a welcome change for employees who have seen only very, very modest raises in this economic recovery.

...

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Obama's Budget: Magic Wand Or Club?

Wednesday, March 05, 2014

Think of the budget plan released Tuesday by President Obama as a magic wand. If he could wave it and make every line come true, how would the U.S. economy look?

Like this:

Wealthier Americans would be paying more in taxes, while poorer ones would be getting new ...

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Marching Into Spring, Realtors' Hopes Rise

Sunday, March 02, 2014

For real estate agents, March Madness has begun.

The rush is on to throw out clutter, paint walls and clean carpets. Historic data show the peak time for selling homes is April through July, and that means this is the month for spring cleaning.

"Freshen up the landscape and add ...

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Will Ukraine Do What It Takes To Unlock International Aid?

Monday, February 24, 2014

Three months of protests have taken a toll on a Ukrainian economy that was already in distress. But many worry that as in the past, corruption and a lack of political will prevent meaningful reform.

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After A Weak Holiday Season, Wal-Mart Profits Shrink

Thursday, February 20, 2014

Wal-Mart on Thursday reported that its annual profits failed to grow. And failed by a lot.

Full-year net income tumbled to $16 billion, down by nearly $1 billion from the previous year.

That tells you a great deal about how hard the economy has been on the lower-income shoppers who ...

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U.S. Government Will Back Loans For Nuclear Power

Wednesday, February 19, 2014

Energy Secretary Ernest Moniz announced a multibillion-dollar loan guarantee Wednesday for building nuclear reactors in Georgia, underscoring the White House's plan for an "all of the above" energy strategy.

The two reactors will be the first built in this country in nearly three decades.

President Obama "sees nuclear energy as ...

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CBO: Minimum Wage Hike Could Boost Paychecks – And Cut Jobs

Tuesday, February 18, 2014

Whatever you already believed about raising the federal minimum wage, you now have more ammo for your argument, thanks to a report released Tuesday by the Congressional Budget Office, titled "The Effects of a Minimum-Wage Increase on Employment and Family Income."

Yes, you're right: Raising the wage in steps ...

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Many Flights Canceled, But Fewer Fliers Stranded On Tarmac

Thursday, February 13, 2014

Would-be air travelers sitting at home may be frustrated about their canceled plans. But most likely, they are happier than they would have been had they gotten trapped on an icy tarmac.

And that used to happen many hundreds of times a year before the Department of Transportation stepped in ...

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Disappointing Jobs Data May Point To A Tougher 2014

Friday, February 07, 2014

Friday's unemployment report confirmed what many workers already had suspected: Five years after the job market plunged off a cliff, the climb back remains a tough slog.

In January, employers created 113,000 additional jobs, well below most economists' estimates of roughly 185,000. And a second look at ...

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Which Way For Stocks? Investors Watch 'Worry Index' For Clues

Wednesday, February 05, 2014

Anyone who invests in the stock market knows share prices can go up — and down. That's why they call it a market.

Still, this year, price movements have been fast and furious — shocking investors and prompting many to fear "volatility."

The Chicago Board of Options Exchange tracks the ...

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U.S. Borrowing Is Less Of An Economic Worry, At Least For Now

Tuesday, February 04, 2014

Stock investors looking for a reason to feel optimistic about the economy may have found one this morning.

A new report shows the federal budget deficit has done some mad shrinking in recent years. Thanks to spending cuts, tax hikes and a stronger economy, the deficit in this ...

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Stocks Head Lower; Investors Wonder What's Next

Monday, February 03, 2014

If your New Year's resolution was, "I am going to prepare for retirement by moving my savings into stocks," then you must be very sad now.

Broncos-fan-level sad.

On Monday, the Dow Jones industrial average plunged an additional 326 points, down about 2 percent to 15,373. That was the ...

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'A Global Bathtub': Rethinking The U.S. Oil Export Ban

Saturday, February 01, 2014

When oil supplies ran short and gasoline prices spiked four decades ago, angry drivers demanded relief. Congress responded in 1975 by banning most exports of U.S. crude oil.

Today, domestic oil production is booming, prompting U.S. energy companies to call for a resumption of exporting. Many economists agree.

But would ...

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Need A Retirement Starter Kit? This Might Help

Wednesday, January 29, 2014

Financial planners all say: The sooner you start saving, the better off you'll be in retirement.

But that advice often goes unheeded by young workers focused on paying down student debt and car loans. And even for those who can afford to set aside a little cash, investing can seem ...

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Workers May Be Missing, Or Maybe Just Retiring

Tuesday, January 21, 2014

For more than four years, the unemployment rate has been sliding down — from a 10 percent peak to today's 6.7 percent.

But does that reflect a fast-strengthening economy? Or is the rate falling only because so many people are dropping out of the workforce?

In coming weeks, members of ...

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IMF's Lagarde: Any U.S. Budget Deal Is Better Than None

Wednesday, January 15, 2014

Christine Lagarde, who heads the International Monetary Fund, offered some positive comments about Congress on Wednesday.

Her assessment was a shade better than "faint praise," but something less than "Attaboy!"

Speaking at the National Press Club, Lagarde said she was pleased to see U.S. lawmakers have been moving forward "in ...

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What's Behind The Drop In Unemployment

Friday, January 10, 2014

Whether you had a job or were looking for one, December was a gloomy month.

The Labor Department said Friday that for December, employers added only 74,000 jobs — about a third as many as most economists had been predicting. That was the lowest level of job creation in ...

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Most Economists Say Happy New Year — Really

Wednesday, January 01, 2014

As the new year begins, most economists' annual forecasts are brimming with good cheer.

"The economic news remains broadly encouraging," the Goldman Sachs forecasters write in their 2014 outlook.

And the brighter prospects are not limited to this country. "The global economy is likely to emerge in 2014 with modest ...

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Shop On The Web Or In The Store; Each Has Risks

Friday, December 20, 2013

Back in ye olden days — say, a decade ago — many holiday shoppers worried about using credit cards to buy gifts online. They feared their information would end up in the hands of computer hackers.

Turns out, walking into a store and swiping a credit card can be plenty ...

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