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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5:06am

Tue March 25, 2014
Business

Jury Convicts 5 Ex-Madoff Employees Of Securities Fraud

Originally published on Tue March 25, 2014 7:33 am

A federal court jury in New York found 5 of Bernard Madoff's former employees guilty of fraud. They were accused of enriching themselves by helping the imprisoned financier carry out a Ponzi scheme.

4:24pm

Mon March 24, 2014
News

Madoff Aides Found Guilty For Role In Massive Ponzi Scheme

Originally published on Mon March 24, 2014 6:46 pm

Five of Bernie Madoff's former employees were found guilty of helping him fleece investors of $17 billion. They were convicted on charges of securities fraud, conspiracy and tax evasion.

5:07am

Mon March 17, 2014
Business

Chinese Tech Giant Alibaba Plans To Launch IPO In U.S.

Originally published on Mon March 17, 2014 11:59 am

Transcript

RENEE MONTAGNE, HOST:

And the Chinese Internet giant Alibaba says it plans to launch an initial public offering in the United States. Alibaba is known as the Chinese Google. and the IPO could be one of the biggest offerings in the history of the technology sector.

As NPR's Jim Zarroli reports, buying shares in the company brings some risk.

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4:47pm

Thu March 13, 2014
Business

Employers React To New Overtime Expansion

Originally published on Thu March 13, 2014 6:35 pm

President Obama is directing his Labor Secretary to tighten U.S. overtime laws. Under the changes, millions of workers will become eligible. Business groups are now reacting to the news.

5:23am

Thu March 13, 2014
Business

FTC Launches Civil Probe Into Herbalife

Originally published on Thu March 13, 2014 7:44 am

The nutrition supplement company has been under attack by billionaire investor William Ackman, who's been pressing regulators to look into the way Herbalife operates.

4:21pm

Wed March 12, 2014
News

FTC Investigates Herbalife, Following Claims It's A Pyramid Scheme

Originally published on Wed March 12, 2014 8:14 pm

Herbalife shares dropped on news the Federal Trade Commission is investigating the company. After shorting Herbalife's stock, hedge fund manager Bill Ackman's been lobbying politicians to investigate.

6:17am

Tue March 11, 2014
Business

Ice And Snow Forced Airlines To Cancel Thousands Of Flights

Originally published on Tue March 11, 2014 10:28 am

Transcript

RENEE MONTAGNE, HOST:

So far this winter, lots of snow and ice has forced major U.S. airlines to cancel more than 74,000 flights. At an aviation conference in New York yesterday, top executives of some of the nation's biggest airlines spoke about how those cancellations are affecting business.

NPR's Jim Zarroli reports.

JIM ZARROLI, BYLINE: American Airlines said it cancelled 28,000 flights in January and February. Almost as many flights were grounded by United Continental. At Southwest 6,500 flights were cancelled.

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4:56am

Fri March 7, 2014
Economy

Ukraine's Economy Was In Trouble Before Its Crisis With Russia

Originally published on Fri March 7, 2014 11:39 am

Transcript

DAVID GREENE, HOST:

On a Friday, this is MORNING EDITION, from NPR News. I'm David Greene.

LINDA WERTHEIMER, HOST:

And I'm Linda Wertheimer.

President Obama and Russian President Putin have had another long telephone conversation about how to end the crisis in Ukraine. The White House says President Obama stressed that a diplomatic solution is possible, but Russian soldiers have to leave their current positions in Crimea and return to their base in the region.

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4:18pm

Tue March 4, 2014
Europe

Deep Ties Between Russia And The West Make Sanctions Risky

Originally published on Tue March 4, 2014 6:31 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.

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4:20pm

Wed February 26, 2014
Business

Swiss Bank Finds Itself Under American Scrutiny

Originally published on Thu February 27, 2014 12:08 pm

Transcript

MELISSA BLOCK, HOST:

Top executives at one of Switzerland's biggest banks said today they're sincerely trying to prevent tax evasion by U.S. citizens. They also said conflicting laws in the two countries make it almost impossible to do that. The chief executive of Credit Suisse appeared before the Senate Permanent Subcommittee on Investigations, which has been looking into the use of secret Swiss bank accounts by Americans.

Here's NPR's Jim Zarroli.

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