
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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Investors are betting that Democrats could take control of the White House and the Senate, increasing the prospect of passing a new relief package once the election is over.
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Trump says a Democratic victory next week will send stock prices plummeting. But Wall Street ambivalent about the prospect of a Biden presidency. Mainly investors are worried about COVID-19.
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The Small Business Administration had to quickly disburse coronavirus relief loans. But some of that may have been handed out to fraudsters, an agency report says.
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The Dow tumbled more than 900 points as COVID-19 cases surge in the United States and Europe, while next week's election is only adding to the uncertainty over the economy.
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States such as Montana, Arizona and North Carolina are experiencing a flood of campaign contributions from groups that don't have to reveal where the money's coming from.
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With control of the Senate at stake, record amounts of outside money are flooding into races. In North Carolina, nearly $200 million has come in, dwarfing the money raised by the candidates.
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Investors are also discouraged by the lack of progress in talks between Congress and the White House over another coronavirus relief bill.
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The blue chip bank will claw back hundreds of millions of dollars in compensation from current and former executives over a financial scandal in Malaysia.
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The two major political parties raise money differently. Republicans tend to get more money from older industries such as energy and manufacturing. Democrats do better with technology and health care.
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The government shortfall for the fiscal year that just ended was more than triple that of 2019. The national debt of $21 trillion now exceeds the size of the U.S. economy.