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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Business
4:11 pm
Tue January 22, 2013

Algeria Attack Raises Security Alarms For Energy Firms

This undated image shows the Amenas natural gas field in Algeria, where Islamist militants raided and took hostages last week. Dozens of hostages and their captors were killed when Algerian forces subsequently raided the facility.
BP AP

Originally published on Tue January 22, 2013 7:48 pm

The prime minister of Algeria is defending his government's response to last week's attack on a natural gas plant that left 37 hostages dead. He says the Islamic militants who were behind the attack planned to blow up the facility and would have killed a lot more people if they hadn't been stopped.

The attack happened at a huge, internationally operated facility in the Sahara. And it underscores the dangers that energy companies face when they do business in politically unstable places.

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Business
4:37 am
Thu January 17, 2013

Gun Makers Worry Revamped Laws Will Hurt Bottom Line

Originally published on Fri January 18, 2013 2:15 pm

Transcript

STEVE INSKEEP, HOST:

You heard the president acknowledge that in some parts of the country - and more specifically, some congressional districts - gun ownership is stronger than in other parts of the country. He would need allies in those places to overcome or persuade the gun industry and its lobbying groups. Industry officials are ready to fight.

As NPR's Jim Zarroli reports, some of the proposals, especially a ban on assault weapons, could take a bite out of gun-makers' revenue.

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Business
4:38 pm
Tue January 15, 2013

Wal-Mart Offers Jobs To Any New Veterans With An Honorable Discharge

Originally published on Tue January 15, 2013 6:54 pm

Transcript

AUDIE CORNISH, HOST:

From NPR News, this is ALL THINGS CONSIDERED. I'm Audie Cornish.

ROBERT SIEGEL, HOST:

And I'm Robert Siegel.

Wal-Mart said today that it will soon begin offering a job to any newly discharged veteran who wants one. The offer comes at a time when new veterans are having a tough time finding work. Also, Wal-Mart CEO Bill Simon promised the company will increase the amount of products it buys from domestic sources.

NPR's Jim Zarroli tells us more about both announcements.

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Business
3:22 am
Tue January 15, 2013

JPMorgan Chase Agrees To Beef Up Risk Management

Originally published on Tue January 15, 2013 5:06 am

Banking regulators are telling JPMorgan Chase that it must take action to improve its risk analysis and money-laundering controls. The bank racked up a $6 billion trading loss last year. CEO Jamie Dimon cited managerial lapses and called the loss inexcusable.

Business
4:55 am
Fri January 11, 2013

Looking Back On Bank Of America's Countrywide Debacle

Originally published on Fri January 11, 2013 7:35 am

Transcript

STEVE INSKEEP, HOST:

Five years ago today, Bank of America announced it was buying the troubled subprime mortgage lender Countrywide Financial for $40 billion. At the time, the financial crisis had not fully revealed itself, and many people thought Bank of America was getting a good deal. Instead, the acquisition has turned into a never-ending legal and financial nightmare. NPR's Jim Zarroli reports.

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