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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While much of the country is mired in economic hardship, a small group has emerged richer. They've benefited from a buoyant stock market and tax code changes that have favored the wealthy.
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Investors were hoping that the worst of the pandemic was behind them. But the latest evidence suggests a rebound is still some ways off.
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Major stock indexes bounce back a day after the Dow lost 1,861 points amid spikes in new cases in states that had reopened their economies. -
In one of the worst one-day point drops in history, the Dow Jones Industrial Average fell close to 7% Thursday. The plunge comes amid reports of a second wave of coronavirus cases in Sunbelt states.
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The Dow and other stock indexes plunged as cases surged in several states and the Federal Reserve warned that the pandemic "will weigh heavily on economic activity." -
Companies can borrow money from the Federal Reserve under its new lending programs. It's been good for the stock market, but the central bank's effort to help the economy has had lopsided results. -
The Federal Reserve has taken unprecedented actions to prop up the economy by flooding the U.S. with trillions of dollars. But that does not necessarily mean the money is going to the right places.
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Even as millions are out of work, the stock market has regained much of the ground it lost since March. Investors are peering into the future and seeing an economy that's beginning to recover. -
Trevon Ellis spent years building up his Minneapolis barbershop, luring customers with smart haircuts, snacks and friendly conversation. It took just one terrible night to destroy it all. -
The pandemic has sent tax revenues falling off a cliff, leaving American cities and towns losing more and more money and forcing them to cut services and lay off workers.
