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.

Pages

Parallels
2:08 am
Mon August 12, 2013

Too Much, Too Fast: China Sees Backlash From Massive Growth

Originally published on Mon August 12, 2013 10:25 am

At a time when much of the world is mired in economic torpor, China still enjoys enviable growth rates. Yet there's no question that its economy is growing more slowly these days.

Just ask Yan Liwei, a salesman for a construction materials company, who was visiting a park in Shanghai this weekend.

"The number of new construction projects is declining somewhat. It's taking longer for many of our clients to pay us what they owe," Liwei says. "Many small and midsized developers are feeling a cash crunch."

Read more
Business
4:21 am
Fri July 26, 2013

Prosecutors Say SAC Encouraged Insider Trading

Originally published on Fri July 26, 2013 6:33 am

Transcript

DAVID GREENE, HOST:

And the Justice Department took an unusual step yesterday when it indicted a firm for securities fraud. Officials say the hedge fund company SAC Capital and its founder Steven Cohen routinely tolerated and encouraged illegal activity by employees. SAC is denying charges that it engaged in massive insider trading over the years.

NPR's Jim Zarroli has the story.

Read more
Law
4:12 pm
Thu July 25, 2013

DOJ Accuses Hedge Fund SAC Capital Of Major Insider Trading

Originally published on Thu July 25, 2013 4:43 pm

Federal prosecutors finally brought their case against SAC Capital, the giant hedge fund that for years has outperformed almost all of its competitors. Prosecutors say they know why. The firm encouraged the use of illegal insider information and trading on that information became a part of the firm's culture, according to the indictment.

Business
3:13 pm
Tue July 23, 2013

Steve Cohen Fights Back Against Claims Of Insider Trading

Originally published on Tue July 23, 2013 5:16 pm

Transcript

MELISSA BLOCK, HOST:

From NPR News, this is ALL THINGS CONSIDERED. I'm Melissa Block.

Billionaire Steven Cohen is fighting back. He faces federal charges that he didn't do enough to prevent insider trading at his hedge fund SAC Capital. As The Wall Street Journal reported this morning, Cohen's firm issued a rebuttal, claiming that he never saw an email that's an important part of the government's case.

Here's NPR's Jim Zarroli.

Read more
Business
3:42 pm
Mon July 22, 2013

GlaxoSmithKline Embroiled In Bribery Scandal In China

Originally published on Mon July 22, 2013 8:02 pm

Transcript

MELISSA BLOCK, HOST:

From NPR News, this is ALL THINGS CONSIDERED. I'm Melissa Block.

ROBERT SIEGEL, HOST:

And I'm Robert Siegel. Britain's largest drug maker GlaxoSmithKline said today that some of its senior executives may have broken the law in China. The company faces allegations that it bribed Chinese doctors and hospitals to buy its drugs. NPR's Jim Zarroli has the story.

Read more

Pages