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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6:44pm

Thu January 23, 2014
Economy

Study: Upward Mobility No Tougher In U.S. Than Two Decades Ago

Originally published on Fri January 24, 2014 5:32 pm

The study did reveal widespread disparity in upward mobility based on geography. For those hoping to climb the economic ladder, San Francisco is one of the best places to live, the study found.
Justin Sullivan Getty Images

A new study finds that contrary to widespread belief, it's no harder to climb the economic ladder in the United States today than it was 20 years ago.

But the study did find that moving up that ladder is still a lot more difficult in the U.S. than in other developed countries.

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5:23am

Wed January 22, 2014
Business

Banks Challenged By Economy Despite Positive Earnings

Originally published on Wed January 22, 2014 8:12 am

Transcript

STEVE INSKEEP, HOST:

Over the past week or so, most of the country's banks have reported their profits for the last quarter of 2013. The numbers, mostly, have better than most analysts expected. After a rough few years, most big financial institutions are faring pretty well. But there's some debate about how sustainable the numbers really are.

NPR's Jim Zarroli reports.

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5:06pm

Tue January 14, 2014
Health Care

The Young And Restless May Cause Drama For ACA

Originally published on Tue January 14, 2014 6:33 pm

Transcript

MELISSA BLOCK, HOST:

After a slow start, the Affordable Care Act is now attracting customers at a healthier pace. The government said yesterday that 2.2 million people have signed up for health insurance under the state and federal exchanges. But there's a serious red flag. A disproportionate number of new enrollees are middle aged or older.

Here's NPR's Jim Zarroli on what that means for the program and for insurers.

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2:19pm

Tue January 7, 2014
Business

JPMorgan Chase Settles Madoff Case For $1.7 Billion

Originally published on Wed January 8, 2014 6:56 am

JPMorgan Chase & Co. has agreed to pay $1.7 billion to settle criminal charges accusing the bank of ignoring obvious warning signs of Bernard Madoff's massive Ponzi scheme.

4:55pm

Tue December 31, 2013
Economy

2013 Was A Tremendous Year...At Least For The Stock Market

Originally published on Wed January 29, 2014 11:20 am

Transcript

ROBERT SIEGEL, HOST:

From NPR News, this is ALL THINGS CONSIDERED. I'm Robert Siegel.

AUDIE CORNISH, HOST:

And I'm Audie Cornish.

2013 was a so-so time for the U.S. economy, but it was a banner year for the stock market. Investors poured money into stocks, driving up prices to record highs. The Dow Jones Industrial Average finished the year up 26 percent. The S&P 500 did even better. NPR's Jim Zarroli looks at how the market defied expectations.

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5:16am

Mon December 30, 2013
Number Of The Year

JPMorgan Chase Faces Regulatory issues

Originally published on Mon December 30, 2013 7:42 am

Morning Edition has been looking back at the year through numbers — and the number for today is $15 billion. That's the approximate amount JP Morgan Chase has agreed to pay out in various fines and settlements this year. The company is widely seen as a well-managed bank but it faces big regulatory problems and its legal bills are mounting.

5:29am

Fri December 27, 2013
Economy

Interest Rates Move Higher On Signs Of Improving Economy

Originally published on Fri December 27, 2013 8:06 am

Transcript

DON GONYEA, HOST:

Other signs of strength in the economy are sending interest rates higher. Yesterday, the yield on the 10-year Treasury note briefly rose above the psychologically important level of 3 percent.

NPR's Jim Zarroli has that story.

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4:22pm

Mon December 23, 2013
Health Care

Insurers Dismayed Over Obamacare Rule Changes

Originally published on Mon December 23, 2013 5:56 pm

At the last minute, the Obama administration gave consumers more time to sign up for health insurance starting Jan. 1. People will now have until the end of Christmas Eve, giving them an additional day. The administration hopes a late surge of enrollments will boost numbers, which have lagged far behind expectations. The insurance industry is hoping the same thing. But it is also expressing dismay over recent changes to the law that allow some people to opt out of the individual mandate or purchase plans otherwise prohibited under the law.

2:30am

Mon December 23, 2013
Business

After Target's Data Breach, Customer Incentive Disappoints

Originally published on Mon December 23, 2013 9:06 am

Justin Sullivan Getty Images

Target is trying to get back in its customers' good graces after a massive data breach affecting some 40 million credit and debit account holders. The giant retail chain offered its customers a 10 percent discount over the weekend as an act of atonement, but business was said to be down anyway.

The breach affected customers who used their credit and debit cards at one of Target's 1,750 stores during a three-week period after Thanksgiving.

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6:56pm

Sun December 15, 2013
Europe

Ireland Exits Bailout Program, But Economy Still On The Mend

Originally published on Mon December 16, 2013 8:24 am

On Sunday, Ireland became the first country to formally exit the bailout program funded by the International Monetary Fund and the European Union.
Peter Muhly AFP/Getty Images

Ireland was one of the countries hardest hit by Europe's debt crisis. On Sunday, it passed a big milestone when the nation became the first country to formally exit the bailout program funded by the International Monetary Fund and the European Union.

After three years of the bailout program, it isn't hard to find signs of improvement in Ireland and of an economy coming back from the dead.

"Don't get me wrong, it's been bad in a lot of ways, but there's a silver lining in every cloud," says Conor Mulhall, a 41-year-old father of three.

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