Stacey Vanek Smith is a senior reporter for Marketplace, where she covers banking, consumer finance, housing and advertising. She began her career with Marketplace in 2003 as an assistant producer and has worked as an editor, reporter and fills in as host on the Marketplace Morning Report. Vanek Smith is a graduate of Princeton University with a bachelor’s degree in comparative literature and creative writing. She holds a masters degree in French cultural studies and a masters in broadcast journalism from Columbia University. She also received a fellowship from the National Press Foundation to attend the Wharton Business Journalist Seminars in 2010. She is fluent in French and proficient in German. Vanek Smith’s work has appeared in TIME magazine, The Christian Science Monitor, Boise Weekly, Idaho Weddings, Freakonomics Radio, Weekend America, The California Report and Marketplace. A native of Idaho, Vanek Smith now lives in Brooklyn. She spends most of her free time exploring the city, cooking, watching reality television and trying to decide who makes the best pizza in New York.
Climate change and low rainfall are fast draining Nevada's Lake Mead, which supplies Las Vegas with water. So the city is paying residents as an incentive to conserve. Stacey Vanek-Smith reports.
As California sizzles in triple-digit temperatures, it's expected to break the record for power usage. But Golden State residents still won't pay higher energy rates, and that could be part of the problem, Stacey Vanek-Smith reports.
Posted In: Economy, Investing
Investors are flocking to the safety of bonds as subprime lending fallout continues to drag Wall Street on a wild ride. The returns are nothing special, but some folks just want to know their nest egg is protected. Stacey Vanek-Smith reports.
Posted In: Retail, Wall Street
Things seem to be falling apart at the seams for some of this country's biggest clothing retailers. Ann Taylor posted a 27% decline in profits, and the Gap is cutting 2,200 jobs with sales down 5%. But both announced big stock buybacks. Why? Stacey Vanek-Smith found out.
Posted In: Health, Retail
Caffeinated beer may sound like a college student's dream, but some worry the drinks are being marketed to underage consumers as beverage companies grab for their share of the multi-billion dollar energy drink market. Stacey Vanek-Smith reports.