Streams

Marilyn Geewax

Marilyn Geewax appears in the following:

One Day After Indictment, Former Chesapeake Energy CEO Dies In Car Crash

Wednesday, March 02, 2016

Aubrey McClendon, the former CEO of Chesapeake Energy Corp. who was charged Tuesday with orchestrating a conspiracy, has died in a car crash.

The fatal crash occurred Wednesday morning, the Oklahoma City Police Department said on Twitter.

A police spokesman said at a news conference Wednesday that McClendon's ...

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Is An Un-Great America Headed For The Abyss? Warren Buffett Says 'No'

Saturday, February 27, 2016

If you have been watching the presidential debates, you may be very worried.

The other day, GOP candidate Ben Carson said the U.S. is "heading off the abyss of destruction." And on the Democratic side, Sen. Bernie Sanders said Americans "are worried to death about the future of ...

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Head-Scratcher Alert: Jet Fuel Prices Are Falling And Airfares Are Rising

Thursday, February 25, 2016

As winter starts to wind down, you may be stepping up your plans for a spring-break trip.

But have you checked airfares lately?

If you haven't looked since Christmas, you may be in for a surprise: Many fares are up. In fact, the largest U.S. carriers have nudged rates higher ...

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Wal-Mart Had A Tough Year, But Workers And Shoppers Got A Boost

Thursday, February 18, 2016

These things we know for sure:

  • The sun rises in the East.
  • The Earth is round.
  • Wal-Mart sales increase every year.

Oops. We'll need to scratch that last one.

On Wednesday, Wal-Mart Stores Inc. reported that that for the fiscal year ended in January, annual revenues totaled ...

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Iran To Countries Capping Oil Output: Good For You! But Not For Us

Wednesday, February 17, 2016

For the oil industry, this is what passes for good news:

Iran said Wednesday that it would be great if other countries would limit their oil production to boost prices.

As for itself, Iran will continue to ramp up oil production.

That may not sound like much reason for celebration, ...

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OPEC Tries To Freeze Oil Output, But Most Say Effort Will Melt Away

Tuesday, February 16, 2016

Millions of Americans have been freezing in record-low temperatures this month.

Now many are mapping out road trips, preparing to head south soon for Easter and spring breaks. And with gas prices averaging just about $1.70 a gallon nationwide, they are looking forward to affordable travel.

But on the other ...

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Why Some Still Can't Find Jobs As The Economy Nears 'Full Employment'

Sunday, January 31, 2016

To economists, the phrase means job seekers roughly equal job openings. Unemployment is at 5 percent, but depending on where you live, your race or your education level, you still might not find work.

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Outlook For Wages Brightens, But Not So For Wall Street

Monday, January 25, 2016

If you are getting spooked by plunging stock prices, you may be trying to figure out where the economy is heading.

Here's one new sign that better days are coming:

In the latest survey of business economists, most — 58 percent — say their companies plan to raise workers' ...

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Once Upon A Time, Congress Cut Deficits; Now CBO Says That's Over

Tuesday, January 19, 2016

For six straight years, Americans watched their government's borrowing shrink.

Then last month, that trend towards less and less borrowing suddenly came to an end. Congress overwhelmingly passed a federal budget that included a $680 billion tax-cut package, which President Obama signed.

Now the nonpartisan Congressional Budget Office says the ...

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Wall Street Traders Get Mauled By The Rampaging Bear

Friday, January 15, 2016

On Friday, Wall Street traders got the same treatment as the main character in The Revenant: A big fearsome bear attacked again and again.

By the close, stock prices were badly mauled. The Dow Jones industrial average lost 2.4 percent of its value, tumbling 391 points to close at 15,988.

...

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For Oil Drillers And Retirement Savers, This Is Not A Good Day

Friday, January 15, 2016

This day is starting out really nasty if you happen to be an oil driller — or a baby boomer who would like to retire with a nest egg.

Through the night and into the morning, the price of oil has been falling. You can now buy a barrel for ...

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GE Brings Things To Life In Boston; Lights Out In Connecticut

Wednesday, January 13, 2016

Fair to say this was a brilliant day for Boston.

General Electric Co. announced on Wednesday that it will be moving its headquarters from Fairfield, Conn., to Boston, starting this summer.

That decision makes Boston the winner of an intense competition among dozens of cities — all hoping to ...

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State Of The Obama Economy: Far Better, But Still With Many Troubles

Monday, January 11, 2016

When President Obama first took the oath of office seven years ago this month, the U.S. economy was so battered that many economists were pondering the possibility of another Great Depression.

The fears were real: Employers were cutting 796,000 jobs; the auto industry was facing bankruptcy; private foreclosures and ...

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The Employment Outlook For 2016 Is Looking Much Brighter

Friday, January 08, 2016

After a week of gloomy news about China, the U.S. economy came shining through on Friday, offering a surprisingly bright jobs outlook for 2016.

The U.S. economy is on track for "higher productivity, good job gains — and the supply of potential workers expanding fast enough" to allow companies to ...

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China's Woes Are Growing, Along With A Debate: Is It 2008 Again?

Thursday, January 07, 2016

Panic-driven stock selling. Financial turmoil. Commodity price crashes. Layoffs.

Sound familiar?

Those were among the troubles piling up as the economy was tanking in 2008.

And today, many of those same phrases are turning up in headlines: Stock prices are plunging; China is devaluing its currency; prices for oil and ...

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If You Like Cheap Gasoline, January May Be Your Lucky Month

Wednesday, January 06, 2016

Like cheap gasoline?

Then you're in luck. Experts say gas prices very likely will keep falling. That's because a report released Wednesday showed a sharp increase in gasoline inventories.

The U.S. Energy Information Administration said that last week, companies added another 10.6 million barrels of gasoline, creating the biggest ...

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Troubles Are Up In The Middle East, But Oil Prices Are Down. Huh?

Tuesday, January 05, 2016

Oh, the irony.

Historically, when political tensions increased in the Middle East, the price of oil rose too. Buyers of oil worried that conflicts could interrupt drilling or interfere with oil-tanker access to waterways. In theory, when risks rise, so do prices.

But in recent days, even as tensions have ...

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Arguably, These Are The 5 Business Stories That Shaped 2015

Sunday, December 27, 2015

In late 2008, Americans were getting crushed by an avalanche of bad business news.

Financial systems were melting down, jobs disappearing, homeowners defaulting and auto companies heading for a cliff. With so many contenders, picking that year's five biggest stories was tough.

In contrast, 2015 looks almost placid. Unemployment steadily ...

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No Crystal Ball? Here's Help With 2016 Economic Forecasts

Monday, December 21, 2015

Every investor celebrating Christmas this week would love this gift: a really good crystal ball.

It'd be so helpful to look right through the orbuculum and glimpse the future prices of stocks, bonds and gold bars.

Unfortunately, no such ball exists. Our next best option is to turn to economic ...

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Winners And Losers Tucked Inside The Spending And Taxing Bills

Thursday, December 17, 2015

For years, critics have been fulminating while watching lawmakers take little or no action on crucial spending and taxing matters.

This week, at least, the "do-nothing Congress" label won't stick.

On Thursday, the U.S. House approved a massive package of tax breaks worth $622 billion, voting 318-109. On Friday, the ...

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