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.

Pages

Economy
12:01 am
Tue July 12, 2011

The Problem With A Slow-Growth Economy

President Obama tours the Automotive Training Program at the Northern Virginia Community College, Alexandria campus, in June, Va. Slower economic growth means fewer opportunities for U.S. companies, which in turn leads to less hiring.
Jim Lo Scalzo Pool/Getty Images

In the United States the recession officially ended two years ago, but in much of the country housing prices are still falling, jobs are hard to come by and growth remains weak.

A low growth rate is much more than just a number. Economists say that over time weak growth can have an insidious effect on a country's prospects and options in ways not everyone appreciates.

This was supposed to be the year the U.S. economy finally gained traction. Instead, it looks more and more like it's stuck in the mud, says former Federal Reserve member Alan Blinder.

Read more
Business
12:01 am
Mon July 11, 2011

Financial Markets Seem Disinterested in Debt Discord

Washington may be preoccupied with the debate over whether to raise the debt ceiling and the consequences of a default, but so far at least, the nation's financial markets seem to be taking the prospect in stride.

Although politicians from President Obama on down have been predicting for weeks that a debt default would wreak havoc on the global economy, interest rates on U.S. government debt remain near historic lows.

The 10-year Treasury bill, often seen as a barometer of investor sentiment toward the bond market, hovered around 3 percent on Friday.

Read more
Economy
8:00 am
Sun June 19, 2011

Key Fed Stimulus Expiring, Too Soon?

Since last fall, the Federal Reserve has been providing support for the economy through a program known as QE2, short for Quantitative Easing, Round Two. That program is coming to an end, and there are concerns about whether the economy is strong enough to get along without it. NPR's Jim Zarroli reports.

Business
12:01 am
Thu June 16, 2011

IBM Turns 100: The Company That Reinvented Itself

A lot of companies try to instill loyalty in their employees. But it's safe to say few of them took it as far as IBM.

For years IBM employees had to learn company songs. Journalist Kevin Maney, who was commissioned by IBM to co-author Making the World Work Better, a history of the company, says it was part of the effort to build a corporate culture. That was something IBM founder Thomas Watson Sr. took very seriously.

Read more
Politics
1:38 pm
Fri June 3, 2011

What If We Don't Raise The Debt Ceiling?

Treasury Secretary Timothy Geithner has frequently warned about the dangers of not raising the nation's debt ceiling.
Michael Nagle Getty Images

This week the White House has been lobbying Congress to raise the $14.3 trillion federal debt ceiling. Doing so would give the government the legal authority to borrow billions of dollars to pay its bills.

Although refusing to raise the ceiling would be an almost unprecedented move, some conservatives argue it's the only way to get federal spending under control.

The Treasury Department says that if the limit isn't raised by Aug. 2, the government will run out of money to operate.

Read more

Pages