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.
Schoen began his career as a newspaper reporter and editor in Connecticut, moving to Dow Jones as radio newscaster and writer for The Wall Street Journal. As a reporter for the CBS Radio Network's half-hour program, "Business Update," he covered Wall Street's insider trading scandals and the Crash of '87. When the program was revamped as Marketplace, and production moved to Los Angeles, Schoen became the first New York editor, covering Wall Street and a variety of other business stories.
He joined CNBC before it went on the air in 1989 and ran the network's newsdesk during the early 1990s, managing news operations in New York, Washington, Chicago, Los Angeles, London and Tokyo. In 1996, Schoen joined msnbc.com as a senior producer helping to launch the site. In 2012, the site became NBCNews.com, where he continues to write about a variety of business topics.
His reporting covers a wide range of topics, 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 earned a bachelor's degree in mathematics from Bowdoin College and a master's in journalism from Boston University.
Schoen lives with his wife in Connecticut, where his two adult children occasionally come to visit.
Highways have been ravaged this winter, prompting tires to blow and cities and states to ponder costly repairs.
More than three years after Congress voted to overhaul financial regulations, only half the new rules are done. A quarter haven't even been proposed.
A higher minimum wage, immigration reform and public-private partnerships to boost job growth. President Obama's Tuesday's State of the Union address to Congress was little changed from last year's speech.
In a new survey of business economists, 70 percent said the Fed's taper policy will not hurt corporate profits or capital spending.