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
4:25 pm
Thu December 13, 2012

E.U. Votes To Have A Single Regulator For Its Banks

Originally published on Thu December 13, 2012 7:01 pm

Transcript

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European leaders have taken a big step forward in their efforts to address the continent's debt problems. At a meeting today in Brussels, they approved the idea of a single regulator who would have power over most of Europe's banks. Officials say such a regulator could have averted the kind of credit bust that has crippled the economies of Spain, Greece and Ireland.

NPR's Jim Zarroli has that story.

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Business
4:38 pm
Tue December 11, 2012

U.S. Officials Hope HSBC Penalty Sends A Message

Originally published on Wed December 12, 2012 3:55 pm

Transcript

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And I'm Audie Cornish. It is the biggest penalty ever paid by a bank to the U.S. government. HSBC, a British company, will hand over $1.9 billion to settle a money laundering case. The Justice Department says HSBC violated the bank secrecy act and the trading with the enemy act by doing business with the likes of Iran.

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Business
5:36 am
Tue December 11, 2012

HSBC Agrees to Settle Money-Laundering Case

Originally published on Tue December 11, 2012 9:55 am

Transcript

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British banking giant, HSBC, will pay 1.9 billion dollars to the U.S. to settle allegations of money laundering. In a statement released overnight, the bank said it accepts responsibility for past mistakes. U.S. officials will have further details of the settlement later today. NPR's Jim Zarroli has more.

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Around the Nation
3:24 pm
Fri December 7, 2012

Unemployment Falls To Lowest Rate In Four Years

Originally published on Fri December 7, 2012 10:50 pm

Transcript

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The nation's unemployment rate fell to 7.7 percent in November, that's the lowest it's been in four years. The Labor Department's latest jobs report released this morning showed employers added more jobs than expected.

But as NPR's Jim Zarroli reports, economists warn these new numbers aren't what they appear to be.

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It's All Politics
4:52 pm
Wed December 5, 2012

Looming Spending Cuts Would Hit Hard All Over

Alan Krueger, chairman of the president's Council of Economic Advisers, warns that consumer spending will drop if Congress and the White House fail to reach a deal on spending cuts and tax increases.
Jewel Samad AFP/Getty Images

Originally published on Wed December 5, 2012 5:09 pm

Tax increases are only a part of what lies ahead if Congress can't come to an agreement to avert the fiscal cliff by the new year. Massive spending cuts will also kick in — and those cuts will be felt throughout the economy.

The current stalemate got under way two years ago when Congress, locked in a bitter partisan battle over whether to extend the George W. Bush-era tax cuts, passed what was known as the Budget Control Act of 2011.

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