Marilyn Geewax

Marilyn Geewax appears in the following:

It Might Sound Stupid, But Maybe It Isn't The Economy This Time

Monday, September 01, 2014

As they always do on Labor Day, political candidates will begin their campaign sprint to Election Day.

And for years, they have been running on simple advice: "It's the economy, stupid." But this time around the track, they may discover that many Americans want to hear about other issues as ...

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To Fight Inflation, Forget The Barbecue And Just Go For A Drive

Tuesday, August 19, 2014

If you're on a tight budget, here's a plan for enjoying late summer:

1) Take the family for a sightseeing drive.

2) When you get home, have a beer.

Don't do this:

1) Invite neighbors over for grilled steaks.

2) Make milkshakes for the kids.

Such budget-savvy conclusions can be ...

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Shazam! Now You Look Like A Better Borrower

Friday, August 08, 2014

Credit scores can have a huge impact on your life, largely determining your ability to get a home mortgage, a car loan or credit cards.

Soon, tens of millions of Americans will find their three-digit credit scores levitating upward — and without having to pay any new bills.

What's the ...

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Obama Says U.S. Exports Have Room To Run In Africa

Tuesday, August 05, 2014

President Obama, speaking at the U.S.-Africa Leaders Summit on Tuesday, spotlighted $14 billion in new investments in Africa by U.S. companies involved in construction, technology and finance.

"The United States is determined to be a partner in Africa's success," Obama said. "I want Africans buying more American products. I ...

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Africa: The Richest Region For Young Workers And Consumers

Monday, August 04, 2014

Africa does not have the wealth that has piled up on the North American and European continents over many centuries.

But it does have something richer regions now lack: lots of young people.

While other continents have aging populations, Africa is giving birth to a new generation of consumers and ...

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As Labor Market Advances, Millions Are Stuck In Part-Time Jobs

Friday, August 01, 2014

Treading water in July is really fun — if you happen to be in a swimming pool.

But if you find yourself stuck in the part-time labor pool, drifting is disappointing.

On Friday, the Labor Department reported that while employers hired 209,000 workers in July, the growth rate was ...

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Job Worries Linger, But The Economy Is Looking Good

Wednesday, July 30, 2014

Five years after the Great Recession ended, where are we with this recovery?

On Wednesday, the Commerce Department and the Federal Reserve both answered by saying, in effect:

We're in a sweet spot — growing at a decent rate with good reason for optimism.

Or as the Fed blandly put ...

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Chances Are Pretty Good That's A Bill Collector Calling

Tuesday, July 29, 2014

In about one-third of U.S. households, the sound of a phone or doorbell ringing may trigger a desire to duck.

That's because roughly 77 million adults with a credit file have at least one debt in the collection process, according to a study released by the Urban Institute, a ...

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It May Be Summer, But For Economists, This Week Feels Like Christmas

Monday, July 28, 2014

This week is summer's sweet spot — the peak time for pool parties, fresh-picked berries and cool drinks. But for economists, it may feel more like Christmas — so much to unwrap!

Each day will bring new decisions and reports that could have a big impact on the nation's economy. ...

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4 Theories About Why Wal-Mart Changed Its U.S. Chief

Thursday, July 24, 2014

Bill Simon, head of Wal-Mart's U.S. division, is leaving the retail giant, the company said Thursday.

Any major shake-up at Wal-Mart is closely watched because the company is so important — it tops the Fortune 500 list with annual sales approaching a half-trillion dollars. So lots of people are ...

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Inflation Came In Low Again, But Are There Bubbles?

Tuesday, July 22, 2014

Want to borrow money for a car or a home this fall?

Oddly enough, the interest rates available months from now for big-ticket items may be determined by the prices you pay today for everyday consumer goods. When store prices are rising rapidly, policymakers start pushing interest rates higher, too.

...

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Latest Wrinkle In The Jobs Debate: Blame The Boomers

Thursday, July 17, 2014

Since late 2007, the U.S. labor force has shrunk significantly, raising questions about where former workers have gone and why.

Now the White House Council of Economic Advisers says it has found answers and has compiled them into a detailed research report released Thursday.

As it turns out, most ...

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Citigroup Settlement Offers Former Homeowners 'Cold Comfort'

Tuesday, July 15, 2014

Should you be watching your mailbox for a check from Citigroup?

The banking giant says it will pay out $2.5 billion to provide "consumer relief" to help settle charges brought against it by the U.S. Justice Department. The government said Monday that "defects" in Citi's mortgage securities had fueled ...

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Economists Say Inflation Is Tame; Consumers Aren't Buying It

Friday, July 11, 2014

Economists regularly issue reports calling inflation tame or mild, or some other word that suggests consumers shouldn't be feeling much pain.

One example: "Inflation has been tame and this is providing households with some relief" from economic stress, according to an assessment done this week by PNC Financial Services.

But ...

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Hiring Looks Good Now, But Wage Growth Lags

Thursday, July 03, 2014

The unemployment report released Thursday by the Labor Department offered great news for job seekers: Hiring boomed in June.

That good news helped send stock prices to record levels, with the Dow Jones industrial average crossing the 17,000 mark for the first time to close at 17,068.26, up 92.02.

...

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How Many Companies Will Be Touched By Court's Contraception Ruling?

Monday, June 30, 2014

When the Supreme Court ruled Monday that "closely held" corporations don't have to pay for workers' contraception, you may have assumed the decision applied only to family-owned businesses.

Wrong. An estimated 9 out of 10 businesses are "closely held."

However, some benefits experts question just how many of ...

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U.K. Loses Big Vote On The Future Of Europe — Now What?

Friday, June 27, 2014

The European Union made history Friday by bringing three of Russia's neighbors — Ukraine, Georgia and Moldova — under its economic tent.

The eastward expansion of trade agreements will push European influence deep into a region that Russia would like to dominate. In light of recent Russian aggression in ...

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In Flanders Fields, Europeans Still Learning How To Get Along

Thursday, June 26, 2014

On Thursday, European leaders are gathering in Belgium to mark the 100th anniversary of the start of World War I — the bloodbath that ended millions of European lives.

And killed 116,516 U.S. troops. And laid the groundwork for World War II.

The centenary ceremony in Ypres, Belgium, provides ...

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Job Outlook Brightens For Graduates, Though Problems Linger

Saturday, June 07, 2014

Congratulations Class of 2014! You are entering a labor market that offers a record number of paychecks.

On Friday, the Labor Department said the U.S. economy now has 138.5 million jobs, slightly more than the previous high set in early 2008 — just as the Great Recession was tightening ...

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Is Pushing Interest Rates To Less Than Zero A Crazy Idea?

Thursday, June 05, 2014

By now, you may have heard that on Thursday, the European Central Bank shifted to a negative interest-rate policy for deposits.

That news may have prompted two thoughts: 1) Isn't that crazy? 2) Who cares what happens in Europe?

These questions have answers. But first, some background:

The European ...

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