Jim Zarroli

Jim Zarroli is a business reporter for NPR News, based at NPR's New York bureau.

He covers economics and business news including fiscal policy, the Federal Reserve, the job market and taxes

Over the years, he's reported on recessions and booms, crashes and rallies, and a long string of tax dodgers, insider traders and Ponzi schemers. He's been heavily involved in the coverage of the European debt crisis and the bank bailouts in the United States.

Prior to moving into his current role, Zarroli served as a New York-based general assignment reporter for NPR News. While in this position he covered the United Nations during the first Gulf War. Zarroli added to NPR's coverage of the aftermath of Hurricane Katrina, the London transit bombings and the September 11, 2001 attacks on the World Trade Center.

Before joining the NPR in 1996, Zarroli worked for the Pittsburgh Press and wrote for various print publications.

Zarroli graduated from Pennsylvania State University.

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Europe
5:11 pm
Sun June 21, 2015

Will Monday's Greek Debt Talks Result In A Deal?

Originally published on Sun June 21, 2015 6:18 pm

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U.S.
6:47 pm
Thu June 11, 2015

U.S. Export-Import Bank Targeted By Conservatives

A Boeing 737 at the company's factory in Renton, Wash. Foreign airlines that want to buy Boeing planes often do so with loans underwritten by the Export-Import Bank.
Saul Loeb AP

Originally published on Thu June 11, 2015 7:48 pm

Republicans are often seen as the party of business. So it's a little ironic that some of the most vocal opposition to the Export-Import Bank comes from conservative Republicans, such as Ohio Rep. Jim Jordan.

"If we're ever going to get rid of all the corporate connectedness, all the corporate welfare, you've got to start with the most egregious one and the most obvious one and that's the Export-Import Bank," he says.

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Business
4:22 pm
Tue May 26, 2015

Charter Communications To Buy Time Warner Cable For $55 Billion

Originally published on Wed May 27, 2015 6:17 am

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Economy
4:56 pm
Wed May 20, 2015

Major Banks Agree To Pay More Than $5 Billion Over Currency Fixing

Originally published on Wed May 20, 2015 7:17 pm

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Law
11:15 am
Wed May 20, 2015

'Cartel' Of 4 Big Banks To Plead Guilty To Gaming The Exchange Rate

Originally published on Wed May 20, 2015 12:09 pm

Four major banks — Citicorp, JPMorgan Chase, Barclays and the Royal Bank of Scotland — have agreed to plead guilty to currency manipulation and pay over $5 billion in fines. Officials say that traders from the banks, who allegedly called themselves "the cartel," used secret codes to manipulate the exchange rate between U.S. dollars and Euros. Meanwhile, the Justice Department has taken the unusual step of tossing out what's called a deferred prosecution agreement against a fifth bank.

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Business
5:16 am
Fri May 15, 2015

SEC Investigates Bogus Bid For Avon

Originally published on Fri May 15, 2015 7:57 am

Copyright 2015 NPR. To see more, visit http://www.npr.org/.

Business
4:57 pm
Tue May 12, 2015

Verizon Buys AOL In $4.4 Billion Deal

Originally published on Tue May 12, 2015 7:22 pm

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Business
9:33 am
Tue May 12, 2015

Verizon Acquires AOL For $4.4 Billion

Originally published on Tue May 12, 2015 10:11 am

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Business
4:30 pm
Thu May 7, 2015

Whole Foods To Open Lower-Cost Stores For Millennials

Originally published on Thu May 7, 2015 7:28 pm

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All Tech Considered
4:29 pm
Fri May 1, 2015

The Annual Shareholders' Meeting Will Now Come To Order Online

Dynegy is one of a growing number of companies to hold meetings online.
Dynegy/Broadridge

Originally published on Fri May 1, 2015 9:18 pm

The annual meeting is a staple of corporate life. It's a chance for even a small shareholder to take the measure of a company's managers, to ask a question or express a beef about a company actions.

But here's the dirty secret about shareholder meetings: Unless the company is huge or there's some controversy going on, hardly anyone shows up.

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Business
10:11 am
Sat April 25, 2015

Who, Or What, Crashed The Market In A Flash In 2010?

A reporter stands outside the front door of a house registered to a trading company operated by Navinder Singh Sarao in Hounslow, west of London. on April 22, 2015. Sarao was arrested in connection with the Wall Street flash crash of 2010.
Adrian Dennis AFP/Getty Images

Originally published on Mon April 27, 2015 2:15 pm

It has been five years since the so-called flash crash on Wall Street raised big questions about computerized trading. What caused the flash crash has been a topic of debate ever since. U.S. officials revived the debate this week by arresting a little-known trader in London.

May 6, 2010 started out as an ordinary trading day on Wall Street. Then, at around 2:45 in the afternoon, the Dow Jones Industrial Average plunged nearly 600 points within the space of a few minutes, before correcting itself.

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Business
4:51 pm
Wed April 22, 2015

Comcast, Time Warner Push For Merger Approval Amid Opposition

Federal regulators are considering whether to approve the proposed $45 billion merger of Comcast and Time Warner Cable.
Joe Raedle Getty Images

Originally published on Thu April 23, 2015 8:17 am

Officials of Comcast and Time Warner Cable met Wednesday with federal regulators to discuss the companies' proposed $45 billion merger. The deal would create a single company that would control large parts of the cable TV and broadband Internet markets.

A published report said recently that Justice Department staff members have decided to oppose the deal on antitrust grounds. But company officials are using a lot of firepower to get the deal approved.

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Europe
7:47 am
Sun April 19, 2015

Greece Risks Losing Future Bailout Funds

Originally published on Sun April 19, 2015 11:00 am

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Economy
4:39 pm
Thu April 16, 2015

New Asian Development Bank Seen As Sign Of China's Growing Influence

Chinese Finance Minister Lou Jiwei (left) speaks during the signing ceremony of the Asian Infrastructure Investment Bank, Oct. 24, in Beijing.
Getty Images

Originally published on Fri April 17, 2015 12:54 am

China says 57 countries have signed on as charter members of the new China-backed Asian Infrastructure Investment Bank. They include some of the United States' closest allies, which added their names despite pressure from the White House not to join.

The Obama administration is concerned the new bank will compete with Western-led institutions like the World Bank and the International Monetary Fund, but leaders of those institutions don't seem to be worried.

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Economy
4:32 pm
Thu April 9, 2015

Financially-Troubled Greece Meets IMF Deadline

Originally published on Thu April 9, 2015 10:16 pm

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Business
4:13 pm
Wed April 8, 2015

Shell's Big Deal Could Shift Global Landscape Of Gas Business

Originally published on Wed April 8, 2015 6:23 pm

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Business
5:07 am
Thu April 2, 2015

Arkansas Governor Asks Lawmakers To Rework Religious Liberty Bill

Originally published on Thu April 2, 2015 10:08 am

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Asia
7:39 am
Sun March 29, 2015

How Singapore Became One Of The Richest Places On Earth

A couple enjoys the view of Singapore's financial center. Conservatives saw Singapore as a free-market success story, but Lee Kuan Yew's government played a big role in the economy.
Wong Maye-E AP

Originally published on Sun March 29, 2015 10:33 am

Singapore has been called the 20th century's most successful development story.

"I don't think any other economy," says Linda Lim, an economist at the University of Michigan, "even the other Asian tigers, have that a good a statistical record of rapid growth, full employment, with very good social indicators — life expectancy, education, housing, etc. — in the first 20 years," she says.

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Business
5:08 pm
Wed March 25, 2015

Kraft, Heinz Merger Brings Together Famous Food Brands

Originally published on Wed March 25, 2015 8:00 pm

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Business
3:41 am
Tue March 24, 2015

For Banks 'Too Big To Jail,' Prosecutors Count On A Promise To Behave

The logo of Swiss bank UBS is seen at the company's headquarters in Zurich. U.S. officials are investigating whether UBS and Barclays manipulated currency rates at a time when they were already operating under a deferred prosecution agreement for manipulating interest rates.
Arnd Wiegmann Reuters/Landov

Originally published on Tue March 24, 2015 2:49 pm

Last week, a top Justice Department official issued a tough warning to banks and other corporations that repeatedly commit crimes. She said U.S. officials could do away with their deferred-prosecution agreements.

Such deals allow companies that have broken the law to escape criminal convictions by promising to clean up their act. A new book looks at the role these agreements play in the corporate world.

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