John W. Schoen is an award-winning online journalist, who has reported and written about economics, business and financial news for more than 30 years. He is economics reporter for CNBC.com, and was a founder of msnbc.com, CNBC and public radio's Marketplace.
His reporting covers a wide range of economic stories, from Beijing to Berlin. In the summer of 2012, he reported on the economic and financial turmoil in Europe as a fellow with the RIAS RTDNF German-American Journalist Exchange Program. In 2010, he was chosen as a fellow on the first China U.S. Journalist Exchange, sponsored by the East West Center. He produced a series of reports, China 2.0, describing the increasing strains on China's rapidly growing economy.
Schoen's reporting has earned two Best in Business awards from the Society of American Business Editors and Writers, and he was a finalist for a Gerald Loeb Award for Distinguished Business and Financial Journalism.
He is also an adjunct professor at Columbia University's Graduate School of Journalism.
Schoen lives with his wife in Connecticut, where his two adult children occasionally come to visit.
More than seven years after the global financial collapse, banks have paid more than $150 billion in fines and other penalties.
No matter how great your driving record, expect to pay a lot more car insurance in Michigan.
Efforts to thwart a wave of illegal human smuggling face a series of powerful economic forces at work that will be difficult to overcome.