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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2:18am

Fri June 8, 2012
Business

Despite Low Rates, Investors Rely On Treasurys

Originally published on Mon June 11, 2012 2:03 pm

Federal Reserve Chairman Ben Bernanke told a congressional committee Thursday that the U.S. economy faces some significant risks, and Fed officials are still deciding what to do about it.

His remarks disappointed a lot of investors who want the Fed to do something to revive growth. Bernanke spoke at a time when interest rates on government debt are hitting lows not seen since the Great Depression.

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3:32pm

Tue June 5, 2012
It's All Politics

How Accurate Is Obama's Attack On Romney's Jobs Record?

Originally published on Tue June 5, 2012 6:53 pm

Mitt Romney talks about his plan for creating jobs at a 2011 campaign speech in Las Vegas.
Julie Jacobson AP

A new Obama campaign ad says the Massachusetts economy actually fared poorly during Republican presidential candidate Mitt Romney's four years as governor, challenging the notion that Romney knows how to fix the nation's ailing economy.

The ad says that between 2003 and 2007, Massachusetts had one of the worst economic records in the country, lost 40,000 manufacturing jobs at "a rate twice the national average, and fell to 47th in job creation."

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7:03am

Sun June 3, 2012
Economy

We Got The Jobs Report, Now What?

Originally published on Sun June 3, 2012 9:37 am

Friday's disappointing jobs report added to worries the recovery is in trouble. Only 69,000 new jobs were added to payrolls, and the unemployment rate moved higher, to 8.2 percent. Suddenly there is more talk about the Fed and what it might do to get the economy moving again. NPR's Jim Zarroli reports.

4:17pm

Wed May 30, 2012
It's All Politics

CEO In Chief? A Business Background Is Rare For Presidents

Originally published on Thu May 31, 2012 11:17 am

Mitt Romney addresses the Latino Coalition's 2012 Small Business Summit in Washington earlier this month.
Mary Altaffer AP

Republican Mitt Romney is running on the strength of his business background. He says he knows how to fix the economy, in part because of his success at Bain Capital. But history is not necessarily on Romney's side. Very few businesspeople have made it to the White House.

The transition from business to politics isn't necessarily an easy one.

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5:29pm

Wed May 23, 2012
Business

Investors Question Fairness Of Facebook IPO

Originally published on Wed May 23, 2012 6:22 pm

Shares of Facebook on Wednesday made up a little of the ground they've lost since the company's troubled stock offering last week. But the company and its lead underwriter, Morgan Stanley, still face a lot of legal problems.

Some of the investors who bought shares of the company filed a lawsuit alleging that the two companies concealed information about Facebook's expected performance.

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