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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Economy
1:36 am
Tue December 16, 2014

'Reshoring' Trend Has Little Impact On U.S. Economy, Study Finds

An "Assembled in the USA" stamp is seen at the side of a box containing a 32-inch television set May 29 in the warehouse of Element Electronics, in Winnsboro, S.C. For the phenomenon of "reshoring," or bringing overseas jobs back to the United States, the electronics sector has been a leader.
Chris Keane Reuters/Landov

Originally published on Tue December 16, 2014 11:46 am

A report on the phenomenon known as "reshoring" — the opposite of offshoring — shows that while a growing number of companies are returning to the United States to do their manufacturing, the trend is smaller and less significant to the economy than it appears.

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Your Money
1:30 am
Mon December 15, 2014

Lockheed Martin Case Puts 401(k) Plans On Trial

Aerospace giant Lockheed Martin is being sued for choosing retirement funds that shortchanged its employees and charged high fees.
Peter Macdiarmid Getty Images

Originally published on Mon December 15, 2014 5:16 am

A trial gets under way in St. Louis on Monday that could have a big impact on the way companies select 401(k) plans for their employees.

Lockheed Martin is being sued for choosing retirement funds that shortchanged its employees and charged high fees. The case tests the limits of a company's responsibilities to its employees at a time when 401(k) plans have become a central part of the nation's retirement system.

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Business
3:01 am
Fri November 21, 2014

Senate Panel Probes Fed's Oversight Of Commodity Trading

Originally published on Fri November 21, 2014 10:46 am

Copyright 2014 NPR. To see more, visit http://www.npr.org/.

Transcript

ARUN RATH, HOST:

Wall Street bankers faced questions before Congress yesterday.

STEVE INSKEEP, HOST:

They're executives from Goldman Sachs, Morgan Stanley and JPMorgan Chase.

RATH: And they defended their banks in front of a Senate investigator.

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Business
2:24 pm
Wed November 19, 2014

1 Million American Pension Plans Could Be Insolvent In 10 Years

Originally published on Wed November 19, 2014 4:16 pm

Copyright 2014 NPR. To see more, visit http://www.npr.org/.

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ROBERT SIEGEL, HOST:

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Business
4:36 am
Wed November 19, 2014

Justice Department Charges Georgia Debt Collector With Fraud

Originally published on Thu November 20, 2014 9:50 pm

Copyright 2014 NPR. To see more, visit http://www.npr.org/.

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RENEE MONTAGNE, HOST:

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Business
2:21 pm
Wed November 5, 2014

Business Leaders Hope Shifts In Congress Will Bring Tax Reform

Originally published on Thu November 6, 2014 8:23 am

Copyright 2014 NPR. To see more, visit http://www.npr.org/.

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Parallels
2:57 am
Fri October 31, 2014

Why Deflation Is Such A Big Worry For Europe

A farmer protesting falling prices dumps cauliflower in front of the prefecture building of Saint-Brieuc in northwestern France as police look on Sept. 24.
Fred Tanneau AFP/Getty Images

Originally published on Fri October 31, 2014 8:46 am

Growth is slowing all over the world right now, and that's especially true in Europe. Much of the continent is on the brink of another recession, and even the German economy is sputtering to a halt.

Some of the weakest countries, such as Spain and Italy, are actually experiencing deflation — a broad drop in incomes and asset values. It's a painful process that can be hard to reverse once it starts.

Europe's long, slow economic downturn has taken its toll on Javier Oroz Rodriguez, who owns a butcher shop in downtown Madrid.

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Economy
2:04 pm
Fri October 17, 2014

Drop In Unemployment Raises Debate On Optimal Rate

A notice in a store window in New York City announces a retail job opening. Now that unemployment has slipped below 6 percent, there's renewed interest in what the Federal Reserve's target for joblessness should be.
Spencer Platt Getty Images

Originally published on Fri October 17, 2014 4:26 pm

The U.S. unemployment rate has been falling steadily over the years. Down from the recession peak of 10 percent in 2009, it reached 5.9 percent in September.

That's getting close to what economists call the natural unemployment rate — the normal level of joblessness you'd expect in a healthy economy.

But a lot of economists are asking whether the old rules about full employment still apply.

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Economy
2:51 pm
Wed October 15, 2014

Turmoil Continues In Financial Markets As Dow Plunges

A trader works on the floor of the New York Stock Exchange on Wednesday. Stocks took a beating, with key indexes falling more than 2 percent before bouncing back slightly.
Spencer Platt Getty Images

Originally published on Wed October 15, 2014 5:54 pm

It was another stomach-churning day on Wall Street. At one point, the Dow industrials were down 460 points — a huge drop that followed four consecutive days of stock market losses.

The decline more than wiped out the year's gains. But then late in the trading day, tocks started to recover. And by the close, the Dow's loss was a little more than 1 percent.

Investors are worried about a global economic slowdown, the Federal Reserve's next move and even the Ebola virus.

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Economy
5:42 am
Mon October 13, 2014

French Economist Wins Nobel For Market Power And Regulation Research

Originally published on Mon October 13, 2014 7:42 am

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RACHEL MARTIN, HOST:

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Business
2:23 pm
Thu October 9, 2014

Stock Market Has Wild Week Of Ups And Downs

Originally published on Thu October 9, 2014 4:28 pm

Copyright 2014 NPR. To see more, visit http://www.npr.org/.

Law
2:34 pm
Tue September 30, 2014

Six Years After Financial Crisis, Litigation Carries On With AIG Suit

Originally published on Tue September 30, 2014 4:46 pm

Copyright 2014 NPR. To see more, visit http://www.npr.org/.

Law
3:06 am
Tue September 30, 2014

U.S. Judge Holds Argentina In Contempt After Debt Default

Originally published on Tue September 30, 2014 11:46 am

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AUDIE CORNISH, HOST:

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Business
2:27 pm
Wed September 24, 2014

New Treasury Rules May Slow, But Not Stop, Corporate Inversions

Originally published on Fri September 26, 2014 9:12 am

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RACHEL MARTIN, HOST:

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Business
3:07 am
Tue September 23, 2014

Treasury Announces Steps To Reduce Corporate Tax Dodges

Originally published on Tue September 23, 2014 11:20 am

Copyright 2014 NPR. To see more, visit http://www.npr.org/.

Business
2:16 pm
Fri September 19, 2014

With IPO, Alibaba Hopes To Compete In The West

Originally published on Fri September 19, 2014 4:08 pm

Copyright 2014 NPR. To see more, visit http://www.npr.org/.

Business
4:57 am
Thu September 18, 2014

Holder Urges Bigger Rewards For Wall Street Whistleblowers

Originally published on Thu September 18, 2014 5:50 am

Copyright 2014 NPR. To see more, visit http://www.npr.org/.

Politics
2:32 pm
Tue September 9, 2014

Cantor Brings Congressional Connections To Wall Street Job

Originally published on Tue September 9, 2014 4:00 pm

Copyright 2014 NPR. To see more, visit http://www.npr.org/.

Economy
2:19 pm
Wed September 3, 2014

Federal Regulators Impose Tough New Rules For Banks

Originally published on Wed September 3, 2014 5:04 pm

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Business
2:45 pm
Thu August 28, 2014

JPMorgan's Been Hacked, But Answers — And Fraud — Are Hard To Find

Originally published on Thu August 28, 2014 5:28 pm

Copyright 2014 NPR. To see more, visit http://www.npr.org/.

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ROBERT SIEGEL, HOST:

This is ALL THINGS CONSIDERED from NPR News. I'm Robert Siegel.

MELISSA BLOCK, HOST:

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Business
2:45 pm
Tue August 26, 2014

BK's Big Deal Could Bring The King To Canada, Controversy Close Behind

Originally published on Tue August 26, 2014 6:07 pm

Burger King is buying Tim Hortons, the Canadian coffee-and-donut chain, in a deal valued at $11 billion. The new company will be headquartered in Ontario, Canada, allowing Burger King to take advantage of Canada's lower corporate tax rate. The relocation is bound to cause controversy in the U.S.

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Business
2:06 pm
Mon August 25, 2014

To Make A Move North, Burger King Eyes Buying A Canadian Icon

Originally published on Tue August 26, 2014 12:08 pm

Copyright 2014 NPR. To see more, visit http://www.npr.org/.

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Parallels
2:31 pm
Fri August 22, 2014

Argentina Crisis Puts Focus On Role Of Distressed-Debt Funds

A woman in Buenos Aires walks with her dog past a mural that reads "Vultures" in Spanish. The mural is a reference to the dispute between the Argentine government and U.S. hedge funds.
Victor R. Caivano AP

Originally published on Fri August 22, 2014 6:09 pm

The legal battle between Argentina and its creditors grinds on with no sign of a resolution anytime soon. The dispute pits the government against two New York hedge funds that specialize in buying distressed debt.

These hedge funds bought Argentina's bonds at fire-sale prices and now stand to make huge profits off the country's financial troubles. But they've encountered a lot of resistance from the government.

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Law
2:10 pm
Thu August 21, 2014

Bank Of America Settles With Feds And States For Record Amount

Originally published on Thu August 21, 2014 4:24 pm

Copyright 2014 NPR. To see more, visit http://www.npr.org/.

Business
11:07 am
Thu August 21, 2014

Bank Of America Settles Mortgage Case For $16.65 Billion

Copyright 2014 NPR. To see more, visit http://www.npr.org/.

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Europe
2:09 pm
Thu August 14, 2014

Once-Thriving Heart Of The Eurozone Stagnates

Originally published on Thu August 14, 2014 4:35 pm

Copyright 2014 NPR. To see more, visit http://www.npr.org/.

Transcript

MELISSA BLOCK, HOST:

This is ALL THINGS CONSIDERED from NPR News. I'm Melissa Block.

ROBERT SIEGEL, HOST:

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Business
4:09 am
Mon August 11, 2014

Amazon Blocks Pre-Orders Of Some Disney Movies

Originally published on Mon August 11, 2014 6:04 am

Copyright 2014 NPR. To see more, visit http://www.npr.org/.

Business
2:45 pm
Thu August 7, 2014

White House Seeks Ways To Go It Alone In Keeping Companies Stateside

Originally published on Thu August 28, 2014 4:43 pm

Copyright 2014 NPR. To see more, visit http://www.npr.org/.

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Business
4:11 am
Wed August 6, 2014

Feds Criticize Big Banks' Plans To Avoid Next Fiscal Crisis

Originally published on Wed August 6, 2014 5:45 am

Copyright 2014 NPR. To see more, visit http://www.npr.org/.

Economy
3:15 am
Tue August 5, 2014

Obama Touts Improved Climate For U.S. Businesses

Originally published on Tue August 5, 2014 8:47 am

Copyright 2014 NPR. To see more, visit http://www.npr.org/.

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DAVID GREENE, HOST:

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