Marilyn Geewax

Marilyn Geewax appears in the following:

Elizabeth Warren Steps Up Campaign For Liberal Agenda

Wednesday, November 18, 2015

Sen. Elizabeth Warren, D-Mass., may not be running for president in 2016, but she was campaigning hard Wednesday to be an agenda-setting power broker.

At 9:30 a.m., she joined the left-leaning Economic Policy Institute to release the Women's Economic Agenda, a list of 12 proposals aimed at closing the ...

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As Americans Shop For Thanksgiving, They're Finding Cheaper Prices

Tuesday, November 17, 2015

Grocers know this: Cheap turkeys will get customers into the store.

So this Thanksgiving, despite an avian flu that killed 8 million turkeys, shoppers are having no trouble finding bargain birds priced lower than last year.

In fact, store managers have been slicing all sorts of holiday-related food prices this ...

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Push For $15 Minimum Wage Becoming Part Of Presidential Politics

Tuesday, November 10, 2015

Some economic matters are stunningly complex. Take the Trans-Pacific Partnership. The trade deal's details cover more than 6,000 pages.

Others are simple, like the federal minimum wage. A bill to raise the $7.25 hourly wage covers a few paragraphs.

The congressional response is simple, too: Democrats are for it; ...

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Strong Jobs Data Point To Pricier Credit Cards For Christmas

Friday, November 06, 2015

Let's say you are Janet Yellen.

As chair of the Federal Reserve, you must decide next month whether to hold down — or nudge up — interest rates. This huge decision could affect virtually all Americans who borrow money, which a lot of people do during the holidays.

So you, ...

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N.Y. Attorney General Investigates Whether Exxon Mobil Lied On Climate Change

Thursday, November 05, 2015

New York's attorney general would like to know: Did Exxon Mobil lie to you about the risks of climate change and to investors about how those risks might reduce profits?

Attorney General Eric T. Schneiderman's office confirms that a New York Times story is correct in reporting that an ...

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Here's An Easier Way To Start Moving From Broke To Comfortable As You Age

Wednesday, November 04, 2015

Going from young and broke to retired and comfortable is a long, tough road.

So the Obama administration on Wednesday rolled out a simple, no-risk retirement account to help people start that journey. It's called the myRA — or "my retirement account."

President Obama first outlined this program in ...

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In A Financial Fire, Big Banks Will Have An Extra Extinguisher

Friday, October 30, 2015

The nation's central bank is proposing rules to help ensure that if a big bank were to fail, the costs of a bailout would not fall on taxpayers.

The changes would mark "another important step in addressing the 'too big to fail' problem," Federal Reserve Chair Janet Yellen said Friday.

...

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Export-Import Bank Debate: 'Retreat From Sanity' Or End of Corporate Welfare?

Thursday, October 29, 2015

About 55 miles east of Capitol Hill, one small business — International Green Structures — is trying to stretch beyond its base in Stevensville, Md., to go global.

IGS, which has about 50 factory workers, makes fiberboard out of compressed wheat. The panels, used to build durable housing, are ...

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Congress' Two Big Looming Fiscal Deadlines, Explained

Monday, October 26, 2015

Here's a familiar story: Congress has to act fast or risk blowing past a major fiscal deadline.

According to Treasury Secretary Jack Lew, the U.S. will hit the debt ceiling on Nov. 3. And shortly after that, a budget deadline also looms, on Dec. 11. Congressional leaders are nearing a ...

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Why You Shouldn't Stare Up At The Debt Ceiling And Yawn

Saturday, October 24, 2015

Most likely, Congress will — as it always does — find a last-minute way to dodge a debt-ceiling crisis.

It's easy to get bored with it all. Scores of times over recent decades, lawmakers have taken the country to the brink of financial catastrophe only to swerve away by ...

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As Airline Megamergers Wrap Up, US Airways Flies Into History

Friday, October 16, 2015

In a desk drawer, I have baggage tags from Eastern, TWA, Braniff, PanAm, Continental, Northwest and more.

As a journalist, I covered each of those airlines as they disappeared from the skies.

On Saturday, I can add one more to my defunct-carrier collection: US Airways will fade into history when ...

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Scrubbing A Trade Deal: Translators Get Behind The Ears Of The TPP

Sunday, October 11, 2015

What does it mean to "scrub" an agreement? Here's a look at the phrase "legal scrub" — and why it's significant to the Trans-Pacific Partnership.

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This We Do Know About TPP: The Shouting Is Already Loud

Tuesday, October 06, 2015

Even though President Obama has not yet released details of the Trans-Pacific Partnership announced Monday, supporters and opponents are making their voices heard — at full volume.

Business leaders and interest groups hope their impassioned pleas will sway Congress, which must vote on the proposed deal next year.

This ...

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Weak Jobs Report May Kill Interest Rate Hike For This Year

Friday, October 02, 2015

If you were betting that the Federal Reserve would soon raise interest rates, you may have lost your money Friday when the Labor Department released its September employment report.

The hiring and wage data came in well below economists' expectations. Only 142,000 jobs were created, falling far short of ...

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As Commodity Prices Slide, Layoffs And Restructurings Follow

Wednesday, September 30, 2015

In recent days, we've seen these headlines:

  • Caterpillar is planning to cut up to 10,000 jobs.
  • After standing for 127 years as an industrial giant, Alcoa will be splitting into two smaller companies.
  • Glencore, a global mining giant, is seeing its stock price crumble amid insolvency rumors.

The ...

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Holiday Travel Outlook: Cheaper Fares And Scarier Drones

Monday, September 28, 2015

Cheaper jet fuel prices are starting to translate into lower airfares, which may begin prompting infrequent fliers to plan holiday travel.

And cheaper technology may be turning drones into affordable Christmas presents. In fact, one FAA official says a million new flying robots may be under Christmas trees this year ...

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For China's President, An Evening Of Lobster, Lamb and Ne-Yo

Thursday, September 24, 2015

Someday, White House event organizers will be able to tell their grandchildren about this week.

But for now, they just have to get through it — with loads of energy and grace.

Staffers spent the first half of the week preparing for a visit from Pope Francis, who pulled up ...

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U.S.-China Business Relationship Is, As Trump Might Say, Huge

Wednesday, September 23, 2015

"China."

You have heard that word over and over — and over — in recent months.

On the campaign trail, Republican presidential front-runner Donald Trump often spits it out with disdain, as this Huffington Post video shows.

On Wall Street, traders use "China" as an excuse for recent market ...

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The Fed Holds Rates Steady; Here's Who Is Clapping

Thursday, September 17, 2015

The Federal Reserve on Thursday chose to leave interest rates unchanged. For the central bank even a decision to do nothing is a big deal, creating all sorts of winners and losers.

Here's a short list of who most likely cheered the announcement and who probably turned thumbs down.

...

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Fed Leaves Rates Unchanged Amid 'Heightened Uncertainties' Abroad

Thursday, September 17, 2015

Updated at 4:15 p.m. ET

The Federal Reserve decided Thursday to leave interest rates unchanged at historically low levels, even though the U.S. economy has been gaining strength.

Borrowers and lenders all over the world had been closely watching for the announcement that came at the end of a ...

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