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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1:17pm

Fri December 30, 2011
Economy

Even Finish Masks Volatile Year For U.S. Economy

Originally published on Fri December 30, 2011 5:16 pm

A trader walks in New York City's financial district on Sept. 12, a day when stocks fell early based on fears that the Greek government would default, then rallied on news that China might buy Italian debt. This year, what sent the market into a tailspin often took place overseas.
Spencer Platt Getty Images

2011 was a year of crisis and revolution, and that took a big toll on the world's financial markets. In the United States, stocks lurched along for much of the year, losing and gaining ground over and over again.

Stock prices are ending the year just about where they were at the beginning, and anyone who invested in anything but the bluest of blue chip stocks probably didn't make much money. And yet, the flat trend lines masked a huge amount of volatility, says Jack Ablin, chief investment officer of Harris Private Bank.

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9:56am

Mon December 19, 2011
Europe

Tied To Trade, Dutch Economy Falls With The Tide

The flower auction house in Aalsmeer, the Netherlands, is one of the largest in the world — and a part of the country's strong export base. As Europe's debt crisis continues, the Dutch economy is feeling the effects of being heavily reliant on world trade.
Pan Zhi Xinhua /Landov

The debt crisis in Europe got under way in small, heavily indebted countries like Greece and Ireland, but these days it's also being felt in the wealthy heartland.

The Dutch government says the country probably slipped into a recession at the end of this year, and like other countries, it's having to consider budget cuts.

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5:26am

Sat December 17, 2011
Economy

SEC: Mortgage Execs Took Pains To Hide Risky Loans

Originally published on Sat December 17, 2011 12:10 pm

Robert Khuzami (right), director of the U.S. Securities and Exchange Commission's Enforcement Division, announces that the SEC is charging six former top executives of Fannie Mae and Freddie Mac with securities fraud on Friday.
Win McNamee Getty Images

Ever since Fannie Mae and Freddie Mac were taken over by the government in 2008, questions have swirled over who was responsible for their collapse. Friday, the Securities and Exchange Commission weighed in, filing fraud charges against former Fannie Mae CEO Daniel Mudd, former Freddie Mac CEO Richard Syron and four other former executives.

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3:00am

Thu December 8, 2011
Europe

High Stakes For Europe, World Economy In Brussels

France and Germany are trying to persuade other European countries to sign onto a package of reforms aimed at shoring up the embattled euro. They're hoping to win agreement in time for Friday's big summit of European leaders in Brussels. A failure to reach agreement could send the wrong signal to the financial markets, which are already deeply worried about Europe's fiscal problems.

2:00pm

Wed November 30, 2011
NPR Story

Central Banks Act To Avert Banking Crisis

The major central banks of the world moved Wednesday to prevent a banking crisis in Europe. They're providing more liquidity to the European banking system in hopes that big banks there will remain solvent and continue to make loans. The coordinated move by the central banks sent stock markets soaring. But it will not even begin to fix Europe's fundamental economic problems.

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