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.

He was a flamboyant, alpha-male billionaire who said things no career politician ever would — someone who promised to use his business savvy to reform the system and bring back jobs. Voters believed that his great wealth insulated him from corruption, because he couldn't be bought. But his administration was marked by criminal investigations and crony capitalism. Italian Prime Minister Silvio Berlusconi was — until Donald Trump came along — the best known example of a certain type of wealthy...

Copyright 2016 NPR. To see more, visit http://www.npr.org/. AUDIE CORNISH, HOST: President-elect Donald Trump said today that he's taking steps to separate himself from his businesses in order to fully focus on running the country. He made the announcement in a series of tweets this morning. Trump owns a vast network of businesses all over the world that represent enormous conflicts of interest for the incoming administration. We're joined now by NPR's Jim Zarroli. He's been covering this...

President-elect Donald Trump has chosen Wilbur Ross Jr., a billionaire investor and turnaround specialist, as his commerce secretary. Ross announced his selection Wednesday during a joint CNBC interview with longtime Wall Street banker Steve Mnuchin , Trump's pick for Treasury secretary. "Wilbur Ross is a champion of American manufacturing and knows how to help companies succeed," Trump said in a statement announcing his choice. "Wilbur knows that cutting taxes for working families, reducing...

The Donald J. Trump Foundation has acknowledged in a tax filing that it violated the ban against "self-dealing," or using its assets to help its leader's business or personal interests, The Washington Post reported. The Post quoted copies of the foundation's 2015 IRS tax returns , which had been uploaded, apparently by the foundation's attorneys, to a nonprofit tracking site called GuideStar. The newspaper said it hadn't yet confirmed whether the forms had actually been sent to the...

A spokesman for President-elect Donald Trump is denying a report that Trump asked Argentina's president for help with a construction project during a congratulatory telephone call after Trump's Nov. 8 victory. A report in La Nacion said Trump asked President Mauricio Macri for help with permits at a much-delayed office building project in central Buenos Aires. The newspaper quoted one of the country's most respected journalists, Jorge Lanata, who did not quote a source. "This still hasn't...

Copyright 2016 NPR. To see more, visit http://www.npr.org/.

When comedian Bill Maher offered $5 million to Donald Trump if he could prove he wasn't the son of an orangutan, Trump did something he's done many times before: He sued . During Trump's decades-long business career, the president-elect has been named in more than 4,000 suits, either as a plaintiff or defendant, in everything from branding and contract disputes to defamation cases, according to a report in USA Today last summer. Close to half the cases involve gamblers who hadn't paid their...

JPMorgan Chase and its Hong Kong affiliate have agreed to pay a total of $264 million in fines to settle allegations that the bank hired the friends and relatives of Chinese government officials in exchange for business. The bank isn't being formally charged with wrongdoing, but by agreeing to pay the fines, it brings a three-year investigation by the U.S. government to a close. "Creating a barter system in which jobs are awarded to applicants in exchange for lucrative business deals is a...

President-elect Donald Trump's name will be removed from three apartment buildings on Manhattan's West Side, after almost 600 residents signed a petition demanding it. Three of the rental buildings now known as Trump Place will be renamed 140, 160 and 180 Riverside Blvd., according to a statement emailed to NPR from the Chicago-based real estate company Equity Residential. "We are assuming a more neutral building identity that will appeal to all current and future residents. We took a number...

Federal law says anyone who works for the executive branch of the government has to avoid conflicts of interest. The Treasury secretary cannot own stock in a big bank, for instance. And Richard Painter, who served as ethics adviser under President George W. Bush, says different administrations have typically been scrupulous about following the law. "Whenever anyone was even considering a position that would be appointed by the president, I would discuss with that person the need to sell off...

For 130 years, the hulking Bethlehem Steel Mill dominated the economy of eastern Pennsylvania's Northampton County, providing jobs for generations of residents. Today, it's been replaced by a Sands Casino. "It was thousands of jobs. The entire south side of Bethlehem was built for the residents, the employees of Bethlehem Steel. Now it's nothing," says county resident Keith Hornik, who works at his family's construction company. To Hornik and others, there's a direct line between the closure...

Never before has someone ascended to the presidency owning the kind of complex network of businesses that Donald Trump operates. Trump has promised to turn his company over to his three grown children to run once he's sworn in. But he has refused to do what other presidents have done to insulate himself from conflicts of interest. Trump's new hotel on Pennsylvania Avenue in Washington, not far from the White House, is built in a grand old federal post office building. He had to negotiate with...

For decades, global trade has been transforming the world's economy, bringing Japanese and Korean cars to North American highways, U.S. software to European computers and German machine tools to Asian factories. But the days of explosive trade growth may be at an end. The dollar value of world merchandise (or non-services) exports fell from $19 trillion in 2014 to $16.6 trillion last year, a decline of 13.3 percent, according to the World Bank . Much of that can be explained by the drop in...

The rallies and debates, the tweets and the fundraisers, the wearying last-minute swings through the same half-dozen or so battleground states — all that is winding down at last. Today it was time for the two major presidential candidates to perform the Election Day ritual of casting their own votes, just like average Joes, except for the fact that average Joes aren't usually trailed by dozens of reporters and TV cameras. "I know how much responsibility goes with this, and so many people are...

When news broke Friday that the FBI had discovered emails that might be pertinent to its investigation of Democratic presidential candidate Hillary Clinton, stock prices suddenly took a tumble . The decline can be explained by an unusual development in this year's long, contentious presidential campaign, says Eric Zitzewitz, a professor of economics at Dartmouth College. For the first time in history, the financial markets seem to prefer the Democratic candidate for president over the...

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