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
5:09 am
Mon August 11, 2014

Amazon Blocks Pre-Orders Of Some Disney Movies

Originally published on Mon August 11, 2014 7:04 am

Copyright 2014 NPR. To see more, visit http://www.npr.org/.

Business
3:19 pm
Thu August 7, 2014

White House Seeks Ways To Go It Alone In Keeping Companies Stateside

Originally published on Thu August 28, 2014 5:43 pm

Copyright 2014 NPR. To see more, visit http://www.npr.org/.

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Business
5:11 am
Wed August 6, 2014

Feds Criticize Big Banks' Plans To Avoid Next Fiscal Crisis

Originally published on Wed August 6, 2014 6:45 am

Copyright 2014 NPR. To see more, visit http://www.npr.org/.

Economy
4:15 am
Tue August 5, 2014

Obama Touts Improved Climate For U.S. Businesses

Originally published on Tue August 5, 2014 9:47 am

Copyright 2014 NPR. To see more, visit http://www.npr.org/.

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World
10:12 am
Sat August 2, 2014

Sanctions Target Russian Oil, But Will That Persuade Putin?

An oil refining factory owned by the Russian company Rosneft, outside the town of Achinsk, Russia, in 2013. The company says that hundreds of sites are being explored throughout the country as potential sources of oil and gas — but to tap those sites, Russia depends on Western companies.
Ilya Naymushin Reuters/Landov

Originally published on Wed August 27, 2014 11:48 am

Both the United States and Europe announced new economic sanctions this week against Russia for its role in the conflict in Ukraine. Among other things, Western companies will no longer be able to sell Russia new technologies to develop its oil fields.

The move comes at a time when oil exports have become more important than ever for the Russian economy.

President Obama says the sanctions are meant to send a strong message:

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NPR Story
4:07 am
Thu July 31, 2014

Argentina Is In Default. What Does That Actually Mean?

Originally published on Thu July 31, 2014 7:12 am

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Latin America
3:08 pm
Wed July 30, 2014

Late Rally From Argentina Fails To Delay Default

Argentina Economy Minister Axel Kicillof speaks during a news conference at the Argentina Consulate on Wednesday in New York. By the end of the day, a deal had not been reached with the country's creditors.
Stan Honda AFP/Getty Images

Originally published on Wed July 30, 2014 9:09 pm

Talks aimed at resolving Argentina's debt crisis have broken down in New York. A court-appointed mediator has declared that the country will go into default. It is the second time the country has defaulted in about 12 years.

With a midnight deadline looming, the government and its creditors walked away without a deal late Wednesday.

Argentina has been waging a protracted legal battle with a small number of bondholders. They want to be paid in full for bonds they purchased years ago.

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Europe
3:13 pm
Mon July 28, 2014

International Court Rules Against Russia In $50 Billion Decision

Originally published on Mon July 28, 2014 6:40 pm

Russia says it will appeal an unfavorable decision by a court in The Hague. The Permanent Court of Arbitration awarded $50 billion to shareholders of the defunct Yukos oil company. Russia seized the company in 2003 and put owner Mikhail Khodorkovsky in jail on tax and fraud charges.

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Latin America
5:09 am
Mon July 28, 2014

Locked In U.S. Hedge Fund Battle, Argentina Faces Default

Originally published on Mon July 28, 2014 12:52 pm

Copyright 2014 NPR. To see more, visit http://www.npr.org/.

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This is MORNING EDITION from NPR News. I'm Renee Montagne.

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Economy
5:13 am
Thu July 24, 2014

How High Debt From The Housing Collapse Still Stifles Our Economy

An artist's installation shows pre-foreclosed homes in Newark, N.J., in July 2009 at the Queens Museum of Art in New York City.
Mario Tama Getty Images

Originally published on Thu July 24, 2014 12:05 pm

"Foreclosure, foreclosure, foreclosure."

Real estate broker John Susani drives down a Paterson, N.J., street where every third house seems to be abandoned or boarded up. During the boom years, money flooded into Paterson.

"The banking industry allowed everyone to be a homeowner; they gave mortgages to people [just because they were] breathing," Susani says.

In some cases, he says, home prices jumped as much as 50 percent. The homes on these streets aren't worth nearly that much anymore.

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