Marilyn Geewax

Marilyn Geewax appears in the following:

As U.S. Leads Growth, It Wants Others To Step Up

Wednesday, November 12, 2014

The global economy rolls along more smoothly when it's not riding a unicycle. It needs additional wheels for momentum and stability.

That is, in effect, what Treasury Secretary Jack Lew is telling leaders of other advanced nations.

In a get rolling speech Wednesday to the World Affairs Council, ...

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Politics And A Food Fight Are Stalling A Major U.S.-Asia Trade Deal

Tuesday, November 11, 2014

Earlier this year, some trade supporters had predicted this week's APEC summit would bring a breakthrough on a comprehensive trade deal.

They had hoped that when the 21 global leaders met at the Asia-Pacific Economic Cooperation Summit, Obama would be able to use a smaller side meeting to conclude the ...

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Jet Fuel Is Down, But Not Enough For A Thanksgiving Fare War

Thursday, November 06, 2014

Airlines are paying less for jet fuel these days. But don't expect that price drop to translate into Thanksgiving travel bargains for you.

Rather than cut fares, airlines are turning fuel savings into cash for acquiring aircraft, upgrading software, rewarding workers and attracting long-term investors, according to John Heimlich, chief ...

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Thumbs-Up For Higher Minimum Wages, And For Marijuana Industry

Wednesday, November 05, 2014

Besides electing lawmakers Tuesday, voters settled ballot initiatives affecting everything from soda-pop taxes to fracking to marijuana sales.

The outcomes varied, but there was one economic issue that united voters. Overwhelmingly, they approved raises for minimum-wage workers.

In Alaska, Arkansas, Nebraska and South Dakota, voters passed binding referendums to raise ...

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Thumbs Up For Higher Minimum Wages, And For Marijuana Industry

Wednesday, November 05, 2014

Besides electing lawmakers Tuesday, voters settled ballot initiatives affecting everything from soda-pop taxes to fracking to marijuana sales.

The outcomes varied, but there was one economic issue that united voters. Overwhelmingly, they approved raises for minimum-wage workers.

In Alaska, Arkansas, Nebraska and South Dakota, voters passed binding referendums to raise ...

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Five Reasons Why Your Financial Outlook Just Got Better

Saturday, November 01, 2014

Look at your paycheck.

Chances are good you won't see much more there than you did in the summer of 2008 — just before the financial crisis hit. Average private-sector earnings are $24.53 an hour now, unchanged from 2008, after adjusting for inflation.

So most likely, you haven't felt yourself ...

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You're Enjoying Low Gas Prices, But Is It Really A Good Sign?

Thursday, October 23, 2014

All around the country, gasoline prices have been falling for weeks, down to an average of about $3 a gallon. Those lower prices are helping restrain inflation across the board.

On Wednesday, the Labor Department said its consumer price index barely inched up 0.1 percent last month. Over ...

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Halloween-Thanksgiving-Hanukkah-Christmas-New-Year Buying Begins

Wednesday, October 22, 2014

At any big-box store, you can find the annual holiday mash-up now on garish display: Halloween costumes are stacked next to the decorative turkey napkins and pre-lit Christmas trees.

It's time to celebrate the Halloween-Thanksgiving-Hanukkah-Christmas-New-Year season!

This year, most merchants are optimistic, predicting strong sales throughout the peak shopping period. ...

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Taylor Swift Sells White Noise In Canada

Wednesday, October 22, 2014

A single for Taylor Swift's upcoming album came out on iTunes in Canada Tuesday. But it was only a few seconds of white noise, likely a technical glitch. The track shot to No. 1 on the charts.

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Predictions Of 'Peak Oil' Production Prove Slippery

Friday, October 17, 2014

The dustiest portion of my home library includes the 1980s books — about how Japan's economy would dominate the world.

And then there are the 1990s books — about how the Y2K computer glitch would end the modern era.

Go up one more shelf for the late 2000s books — ...

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World Bank Says Ebola Could Inflict Enormous Economic Losses

Wednesday, October 08, 2014

West Africa is a poor region, struggling to improve its economic growth.

It had been succeeding. Last year, Sierra Leone and Liberia ranked second and sixth among countries with the highest growth in gross domestic product in the world.

But this year, growth has stopped because of the spread ...

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Disease, War And Terrorism Are Dimming Economic Prospects, Especially In Africa

Tuesday, October 07, 2014

In a world already weighed down by too much debt, new troubles are bubbling up. The Ebola virus, terrorist attacks and war are undermining many countries, which means "downside risks have increased" for the global economy.

That gloomy assessment was released Tuesday by the International Monetary Fund. Its forecast ...

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U.S. Manufacturing: A Remembrance And A Look Ahead

Friday, October 03, 2014

If it weren't for American manufacturing, I wouldn't be here today.

Literally.

A century ago, my grandfather moved from Poland to Youngstown, Ohio, to work in a steel mill. At the time, Ohio factories were cranking out steel slabs, tires and cars — building a mountain of wealth that the ...

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Why Youngstown, Ohio, Loved 'Jimbo' Traficant

Saturday, September 27, 2014

On national holidays, I hang a beautiful American flag in my front yard. It's a keepsake flag that, at the request of a congressman, flew over the Capitol.

It was sent to me by Jim Traficant, the Ohio Democrat who spent 17 years representing my hometown in Congress. He spent ...

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The 'Bond King' Leaves His $2 Trillion Kingdom

Friday, September 26, 2014

Heavy drama played out this week — and not just on Shonda Rhimes' TV shows.

The bond-investing world was roiled by news that Bill Gross — the man known as "The Bond King" — has abruptly left the huge investment firm he founded in 1971. The departure left a lot ...

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Move To Curb U.S. Corporate Tax Dodges Could Delay Reform

Tuesday, September 23, 2014

The Obama administration's effort to curb corporate inversions — the strategy of moving company headquarters overseas to dodge U.S. taxes — drew boos from business on Tuesday, and cheers from consumer and labor groups.

No surprise there. But the Treasury Department's rule tweaks to discourage tax-avoidance deals also united ...

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Federal Reserve To Markets: Nothing To See Here; Move Along

Wednesday, September 17, 2014

The Federal Reserve's policy makers just eyeballed the economy, and saw nothing new.

On Wednesday, they announced wage-and-price hikes remain low and growth continues at a moderate pace. That means interest rates can stay super low for a "considerable time," while the Fed's bond-buying program can wrap up next ...

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The Answers To Your Questions On Scotland's Independence Vote

Tuesday, September 16, 2014

Voters in Scotland will decide Thursday whether to break away from the United Kingdom and sever a relationship that has tied Scotland to its neighbors for more than three centuries.

If a majority votes "yes," then Scotland would become independent, probably in 2016. A "no" vote would keep Scotland as ...

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Like It Or Not, Scotland's Drama May Hit Your Wallet

Tuesday, September 16, 2014

Does news of Scotland's independence vote make your eyelids feel heavy?

Americans may feel a yawn coming on when told of a political squabble playing out in a distant land less populated than metro Atlanta.

But economists say this Thursday's vote is no snoozer. You may wake up to find ...

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Harvard Study Says Economy Is 'Doing Half Its Job.' Guess Which Half

Monday, September 08, 2014

Need more evidence that the U.S. economy is moving on two tracks? A new Harvard Business School study, released Monday, may confirm your fears.

The report, "An Economy Doing Half Its Job," involved a survey of 1,947 alumni. The Harvard-educated business leaders expressed concerns about U.S. competitiveness in ...

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