Jim Zarroli
Jim Zarroli is an NPR correspondent based in New York. He covers economics and business news.
Over the years, he has reported on recessions and booms, crashes and rallies, and a long string of tax dodgers, insider traders, and Ponzi schemers. Most recently, he has focused on trade and the job market. He also worked as part of a team covering President Trump's business interests.
Before moving into his current role, Zarroli served as a New York-based general assignment reporter for NPR News. While in this position, he reported from the United Nations and was also involved in NPR's coverage of Hurricane Katrina, the London transit bombings, and the Fukushima earthquake.
Before joining NPR in 1996, Zarroli worked for the Pittsburgh Press and wrote for various print publications.
He lives in Manhattan, loves to read, and is a devoted (but not at all fast) runner.
Zarroli grew up in Wilmington, Delaware, in a family of six kids and graduated from Pennsylvania State University.
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Stations have been playing Christmas music earlier than ever this year, as a way of luring in listeners during the pandemic. One Indiana station was doing it in July.
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This year, five people have achieved the status of centibillionaires, i.e., people worth more than $100 billion. Among them is Tesla founder Elon Musk.
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Water is a precious resources in California — a state plagued by wildfires and drought. Water there is now a commodity and can now be traded like oil and gas.
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During the pandemic, millions of people have turned to trading stocks. Studies say most of them will lose money. One former day trader has taken to YouTube to warn people about the risks.
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The exchange wants to require listed companies to adopt the kind of diversity requirements now standard in Europe.
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The Dow Jones Industrial Average has surpassed the 30,000 mark. This year, stocks plunged after pandemic lockdowns but came back after drugmakers reported success in developing coronavirus vaccines.
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Treasury Secretary Steve Mnuchin wants to let the emergency loan programs expire at the end of the year. Federal Reserve Chair Jerome Powell says that's too soon.
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The president-elect can undo many of Trump's tariffs with the stroke of a pen, but he's unlikely to do so now that the tenor of the U.S.-China relationship has changed.
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Judy Shelton, the controversial nominee to the Federal Reserve's Board of Governors, failed to advance for a vote in the Senate, delivering Republicans and the Trump administration a major setback.
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Investors were also reassured by comments from two Biden advisers that no nationwide COVID-19 lockdowns are being contemplated.