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
2:54 am
Thu March 29, 2012

Former MF Global Exec Takes 5th At Hearing

Former MF Global Holdings Ltd. Chairman and CEO Jon Corzine testified on Capitol Hill in December. On Wednesday, a former executive at the company refused to answer lawmakers' questions about events in the run-up to the firm's collapse.
Susan Walsh AP

Originally published on Thu March 29, 2012 10:28 am

A former executive at the center of the meltdown of brokerage firm MF Global appeared before Congress on Wednesday to answer questions from lawmakers. Members of the House Financial Services Committee were hoping assistant treasurer Edith O'Brien would explain the actions of the firm's CEO, ex-New Jersey Gov. Jon Corzine.

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It's All Politics
4:53 pm
Wed March 21, 2012

Republicans Charge High Gas Prices Part Of A Plan To Decrease Consumption

A driver pumps gas into his Toyota Prius hybrid at a gas station in Sunnyvale, Calif., in 2007.
Paul Sakuma AP

Originally published on Thu March 22, 2012 7:23 am

As gasoline prices rise, some Republicans are making a provocative claim about President Obama. They say higher energy prices are actually part of the administration's agenda and they point to some comments made by the president before he took office.

Presidential candidate Mitt Romney was the latest Republican to make the charge about President Obama, and he did so on Fox News Sunday this past weekend, saying, "There's no question that when he ran for office he said he wanted to see gasoline prices go up."

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Economy
4:54 pm
Tue March 13, 2012

Federal Reserve Releases Bank 'Stress Test'

Transcript

MELISSA BLOCK, HOST:

The Federal Reserve has released the results of its much-anticipated stress test of the nation's biggest banks. The Fed says most of the nation's 19 biggest financial institutions passed the tests, although four did not. To find out what this means, we turn to NPR's Jim Zarroli. Jim, first, why is the Fed running stress tests? What are they supposed to show about the banks?

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Rick Santorum
4:34 pm
Thu March 8, 2012

Economic Conservatives Question Santorum's Record

Republican presidential candidate Rick Santorum addresses an election night party in Steubenville, Ohio, on Tuesday.
Jim Watson AFP/Getty Images

Originally published on Thu March 8, 2012 5:12 pm

Support for Rick Santorum's presidential campaign has been driven by his conservative stances on social issues. He has taken unyielding stands against abortion and same-sex marriage.

But on economic matters, his record is more mixed. And some conservatives say that on issues like government spending and trade, he has at times betrayed free-market principles.

For example, when Congress voted to approve the North American Free Trade Agreement — a cause dear to the hearts of conservatives — Santorum, then a Pennsylvania representative, was among those voting against it.

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Europe
4:37 pm
Wed March 7, 2012

Uncertainty Looms As Greek Debt Deadline Nears

People walk past the Bank of Greece headquarters in Athens. Greece toughened its stance to push creditors to accept a debt swap and take heavy losses, just one day before the Thursday deadline for completion of the deal to avert default.
Louisa Gouliamaki AFP/Getty Images

Stock prices rebounded somewhat Wednesday, one day after their biggest sell-off of the year. What caused prices to plunge Tuesday was an all-too-familiar problem: the Greek debt crisis.

European officials have cobbled together a deal to keep Greece from defaulting, and investors all over the world who hold Greek bonds are weighing their options. They're worried about what could happen if they reject the deal.

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