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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.

Copyright 2016 NPR. To see more, visit http://www.npr.org/.

Saudi Arabia has raised more than $17 billion in its first foray into the global bond markets, according to news reports, as the kingdom struggles to close a budget deficit caused by declining oil prices.

The sale is the largest-ever bond offering by an emerging-market country, topping Argentina's $16.5 billion offering in August.

"Saudi's multi-part debt offering drew heavy investor demand as the world's top oil exporter sought to borrow at historic low yields," Reuters reported.

If presidential candidates Hillary Clinton and Donald Trump were consumer products, they wouldn't exactly be flying off the shelves, according to a firm that studies brand loyalty.

The Reputation Institute, which gauges how consumers view companies, politicians and even countries, gives Republican nominee Trump what it calls an overall "pulse score" of 31.7. Democratic nominee Hillary Clinton rates a bit better, at 38.7.

Any score less than 40 qualifies as having a "poor reputation," the firm says.

Excerpts from speeches Hillary Clinton was paid to give to big banks suggest a relationship with Wall Street that is a lot more familiar and pragmatic than the fiery rhetoric she has sometimes used on the campaign trail.

"I represented all of you for eight years. I had great relations and worked so close together after 9/11 to rebuild downtown, and a lot of respect for the work you do and the people who do it," she told a Goldman Sachs symposium on Oct. 24, 2013.

Wells Fargo's board of directors is trying to determine whether to claw back pay for top executives in response to the scandal involving unauthorized customer accounts, The Wall Street Journal reported.

The Journal, citing a source familiar with the matter, said the bank wants to resolve the issue before CEO John Stumpf testifies before the House Financial Services Committee on Thursday.

A spokesman for the bank refused to confirm or deny the report.

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