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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News
5:20 pm
Mon June 30, 2014

BNP Paribas Agrees To Nearly $9 Billion Fine And Admission Of Guilt

Originally published on Mon June 30, 2014 6:30 pm

Transcript

MELISSA BLOCK, HOST:

Banking giant BNP Paribas has agreed to pay American regulators nearly $9 billion dollars to settle charges of economic sanctions violations. It's the largest such fine ever imposed by the U.S. The bank will plead guilty to two criminal charges. It was accused of helping clients in Sudan, Cuba and Iran conduct business in the United States. NPR's Jim Zarroli reports.

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Latin America
3:30 pm
Fri June 27, 2014

Bitter Debt Fight Between Argentina And U.S. Set To Reach Climax

Originally published on Fri June 27, 2014 5:33 pm

Transcript

AUDIE CORNISH, HOST:

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

MELISSA BLOCK, HOST:

And I'm Melissa Block. For most of the last 14 years, Argentina has been locked in a bitter fight over how much has to pay its international creditors. On Monday, that battle will come to a head. That's the deadline the U.S. Supreme Court set for Argentina to pay off some U.S. hedge funds that had bought its bonds. Argentina says the payments could ruin the country. NPR's Jim Zarroli explains.

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Politics
4:19 am
Thu June 26, 2014

Absentee Ballots To Decide Whether Rep. Rangel Gets A 23rd Term

Originally published on Thu June 26, 2014 1:19 pm

Even though votes are still being counted, Rep. Charles Rangel has declared victory in his race against Adriano Espaillat. It could be more than a week before the results are available.

Law
3:07 pm
Mon June 23, 2014

U.S. Tip-Toes Closer To Unprecedented Fine On French Banking Giant

Originally published on Mon June 23, 2014 7:07 pm

Transcript

AUDIE CORNISH, HOST:

U.S. officials are close to a multibillion-dollar settlement with the giant, French bank BNP Pariba over allegations of sanctions violations. The bank is expected to admit that its affiliates did business with countries subject to U.S. economic sanctions - Sudan, Cuba and Iran. NPR's Jim Zarroli reports.

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Business
3:57 pm
Fri June 20, 2014

U.S.-Foreign Mergers Raise Calls For Tax Reforms

Medtronic Chairman Omar Ishrak said the $43 billion merger with Covidien isn't just about cutting taxes — it makes business sense.
Brendan McDermid Reuters/Landov

Originally published on Fri June 20, 2014 6:08 pm

This week the big medical device company Medtronic said it was moving its legal headquarters from Minneapolis to Ireland. It's part of a $43 billion merger with another medical company, Dublin-based Covidien.

The move is a tax-saving strategy called an inversion and it's growing more common in the corporate world.

U.S. companies make huge amounts of money overseas every year and much of it stays there, stashed away in foreign accounts.

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Politics
3:06 pm
Tue June 17, 2014

Lightning-Fast Trades Go Beneath The Congressional Microscope

Originally published on Tue June 17, 2014 7:33 pm

The Senate Permanent Subcommittee on Investigations is holding a hearing on problems in the financial markets caused by high-frequency trading firms.

Politics
3:01 pm
Thu June 12, 2014

Once A GOP Pillar, Chamber Of Commerce Is Now A Lightning Rod

Originally published on Thu June 12, 2014 6:44 pm

The Chamber of Commerce says it tried to help Eric Cantor in his primary campaign, but Cantor refused the offer.

Energy
5:59 am
Fri May 23, 2014

Political Rhetoric Bogs Down Future Of Keystone XL Pipeline

Originally published on Fri May 23, 2014 6:52 am

Transcript

RENEE MONTAGNE, HOST:

It's MORNING EDITION from NPR News. I'm Renee Montagne.

STEVE INSKEEP, HOST:

And I'm Steve Inskeep. Good morning. Last month the Obama administration put off a decision on whether to approve the Keystone XL pipeline. The project has been enormously controversial. It would carry crude oil from Canada to the Gulf of Mexico. This morning we examine what's at stake for the oil industry and for energy production. Here's NPR's Jim Zarroli.

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Business
3:16 pm
Mon May 19, 2014

AT&T And DirecTV Mega-Merger Spells Changes For Media Landscape

Originally published on Mon May 19, 2014 7:54 pm

Transcript

AUDIE CORNISH, HOST:

Federal regulators are facing a decision on whether to allow another big media merger. This time, it's AT&T and DirecTV. Yesterday, the board of AT&T voted to acquire the satellite television company in a deal worth almost $50 billion. NPR's Jim Zarroli reports that the hope is to be a stronger competitor against the likes of Verizon and Comcast.

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Business
4:11 am
Mon May 19, 2014

AT&T To Buy DirecTV In Nearly $50 Billion Deal

Originally published on Tue May 20, 2014 6:46 am

Transcript

RENEE MONTAGNE, HOST:

It's MORNING EDITION, from NPR News. Good Morning. I'm Renee Montagne.

DAVID GREENE, HOST:

And I'm David Greene.

If you've streamed a movie or a TV show recently, you are part of the problem facing cable and satellite providers. These companies are facing more and more competition from Internet streaming, and to survive, some are consolidating.

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