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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NPR Story
4:52 am
Wed January 25, 2012

Tax Returns Show Romney's Complicated Fiances

Republican presidential candidate Mitt Romney earned more than $42 million over the past two years — the bulk of it from an array of stocks and investment funds. And he paid about 15 percent of what he made in taxes. The release of some 500 pages of tax returns give a much fuller picture of how he made his money and what he did with it.

Economy
3:17 pm
Tue January 17, 2012

States' Fiscal Future Starts To Look A Bit Brighter

In 2010, Arizona sold 22 buildings in its state capitol complex to help deal with budget deficits. Gov. Jan Brewer recently asked representatives to buy back three of the buildings, including the State House of Representatives (right), as the state's financial situation has improved. The Old Arizona Capitol Building (left) was not part of the deal.
Ross D. Franklin AP

Originally published on Tue January 17, 2012 5:19 pm

As the U.S. economy struggled to get back on its feet over the past few years, a lot of states found themselves contending with big budget deficits. They responded by firing workers, raising taxes and cutting spending. Now the fiscal picture for a lot of states is brightening a bit — but many still face enormous challenges.

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Photography
1:00 pm
Fri January 6, 2012

A Digital Death? Why Kodak Stopped Clicking

Kodak's Steven J. Sasson holds the world's first digital camera, which he built in 1975, at Kodak headquarters in Rochester, N.Y., in 2005. The company is now trying to sell about a thousand patents for digital photography to prevent bankruptcy.
David Duprey AP

Originally published on Fri January 6, 2012 11:11 pm

The end could soon be near for Kodak, and the iconic film manufacturer may have itself to blame.

Kodak, based in Rochester, N.Y., could be headed into bankruptcy over the next few weeks. The company has seen its profits plunge in recent years, largely because of the popularity of digital cameras.

Kodak is trying to move into new product lines like inkjet printers, but in the meantime it's attempting to raise cash by selling off some of the patents it's developed over the years.

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Economy
12:17 pm
Fri December 30, 2011

Even Finish Masks Volatile Year For U.S. Economy

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

Originally published on Fri December 30, 2011 4:16 pm

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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Europe
2:00 am
Tue December 27, 2011

Rotterdam Port Feels Effects Of European Debt Crisis

As the debt crisis spreads across Europe, the economy in the region is slowing to a crawl. One place that's starting to feel the impact of the slowdown is the massive port of Rotterdam in Holland. It's the biggest port in the world outside Asia. Much of what's bought and sold in Europe goes through Rotterdam.

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