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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6:39am

Tue December 4, 2012
Business

SEC Sues Chinese Audit Firms

Originally published on Tue December 4, 2012 6:55 am

Transcript

DAVID GREENE, HOST:

NPR's business news starts with questions for Chinese regulators.

(SOUNDBITE OF MUSIC)

RENEE MONTAGNE, HOST:

The United States has accused five Chinese auditing firms of violating U.S. securities laws. A lawsuit says the auditors are refusing to turn over documents tied to companies that the U.S. wants to investigate.

NPR's Jim Zarroli has the story.

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7:43am

Thu November 29, 2012
Business

Companies Rush Dividends To Beat Possible Tax Hike

Originally published on Thu November 29, 2012 9:18 am

Transcript

DAVID GREENE, HOST:

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4:48pm

Mon November 26, 2012
Business

Holiday Season May Be A Good One For U.S. Retailers

Originally published on Mon November 26, 2012 6:18 pm

Cyber Monday saw a big retail push following a Black Friday that expanded into Thanksgiving Day. The big question now is whether all the early shopping will boost total holiday sales or just push them up earlier on the calendar.

5:42pm

Fri November 16, 2012
Superstorm Sandy: Before, During And Beyond

Seaside After Sandy: Is Rebuilding Worth It?

Originally published on Fri November 16, 2012 8:07 pm

Ernest Shallo, of Carteret, N.J., throws a ruined air conditioner onto a pile of debris in front of a small home in Seaside Heights, N.J. Residents were allowed back in their homes for a few hours Monday, two weeks after the region was pounded by Superstorm Sandy.
Mel Evans AP

Ever since Hurricane Sandy ripped through the New Jersey coast, some of the hardest-hit towns have been closed altogether. Authorities say gas leaks and unstable buildings have made them too risky to visit.

This week, residents were allowed to enter Seaside Heights for a few hours each day to get a firsthand look at the damage. Many are struggling with whether to rebuild their homes.

Weighing The Cost

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5:06am

Thu November 15, 2012
Business

House Report Blames Corzine For MF Global's Demise

Originally published on Thu November 15, 2012 6:53 am

Transcript

LINDA WERTHEIMER, HOST:

House Republicans have released portions of a report on the collapse of MF Global, the commodities firm run by former New Jersey Governor Jon Corzine. The report chastises Corzine for taking excessive risk.

NPR's Jim Zarroli reports.

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5:37am

Wed November 14, 2012
Business

Down Economy Injures Local Hospitals

Originally published on Wed November 14, 2012 8:06 am

The health care industry is one of the most reliable sources of new jobs in the country. And in cities that suffer from high unemployment, the local hospital is often the biggest employer still standing. But the downturn in the economy has left some hospitals in perilous financial shape. In Waterbury, Ct,, the biggest hospitals are going through a painful process of outsourcing and layoffs.

3:33am

Tue November 13, 2012
Superstorm Sandy: Before, During And Beyond

Beach Towns Mourn Sandy-Ravaged Boardwalks

Originally published on Tue November 13, 2012 1:15 pm

Waves break Oct. 31 in front of a destroyed amusement park wrecked by Hurricane Sandy in Seaside Heights, N.J.
Mario Tama Getty Images

Hurricane Sandy left a long trail of destruction across the New Jersey shoreline. And it did a lot more than just flood houses.

In towns like Seaside Heights and Belmar, Sandy wiped out the boardwalks that line the beach. In places like these, boardwalks served as the commercial center knitting the towns together, and residents are wondering where to go from here.

Until two weeks ago, the boardwalk was the place to hang out in Belmar, N.J. Ann Summer was walking along the water with her husband this weekend.

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4:46am

Fri November 9, 2012
Business

Sandy's Effects 'Staggering' To New York's Economy

Originally published on Fri November 9, 2012 12:46 pm

Transcript

RENEE MONTAGNE, HOST:

The governor of New York, Andrew Cuomo, also held a press conference yesterday, and gave a warning that Sandy could end up costing his state $33 billion in economic damage, which could worsen the state's already-perilous fiscal situation.

NPR's Jim Zarroli reports.

JIM ZARROLI, BYLINE: Cuomo said the initial estimates are that the storm will cost the region $50 billion in lost economic activity and infrastructure damage. And he said two-thirds of that will be borne by New York.

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8:48am

Wed November 7, 2012
Superstorm Sandy: Before, During And Beyond

In Storm-Ravaged N.J. Town, A Scramble At The Polls

Originally published on Wed November 7, 2012 10:31 am

Transcript

RENEE MONTAGNE, HOST:

And it was no ordinary Election Day either in Belmar, New Jersey, one of the beach towns that was badly damaged by Superstorm Sandy. Some of the regular polling places were flooded out and town officials had to come up with new ways to get voters to the polls. NPR's Jim Zarolli reports.

JIM ZAROLLI, BYLINE: These days the Belmar Town Hall has been turned into a kind of rescue center for displaced residents, a place where they can get food and clothing. And yesterday they could vote, too.

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5:38pm

Fri November 2, 2012
Around the Nation

After The Storm, Staten Islanders Share The Misery

Originally published on Mon November 5, 2012 1:35 pm

Steve Santo stands in the kitchen of his house on the south side of the New York City borough of Staten Island on Friday.
Mike Segar Reuters/Landov

Much of the worst damage from Superstorm Sandy happened in New York's less touristy outer boroughs.

Some neighborhoods have been changed forever by the storm. Staten Island saw half of the city's fatalities. On Friday, residents sorted through waterlogged belongings and tried to figure out next steps.

Rosemarie Caruso lives a block from the water on the eastern shore of Staten Island. She says there have been hurricanes before and all they brought was a little flooding. She figured she could ride out Sandy.

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