Jim Zarroli

Jim Zarroli is a reporter who has covered business and the economy from NPR's New York bureau since 1996. In that position, he regularly covers a wide range of economic subjects, including employment, the stock market, the Federal Reserve System, deregulation, trade, and the media. His pieces can be heard regularly on Morning Edition and All Things Considered, and he is a contributor to NPR's On the Media.

Among the stories he has worked on recently are the accounting scandals at Enron, WorldCom, and other companies; the trials of Martha Stewart and Bernard Ebbers; the spread of tax shelters; the investigation of the insurance industry; the rise of oil prices; as well as numerous corporate mergers. As a reporter in New York, Zarroli also assisted in NPR's coverage of the Sept. 11 attacks on the World Trade Center, an experience that left an indelible mark on him.

Before covering business, Zarroli was a general assignment reporter for NPR. He also covered the United Nations during the first Gulf war and the Bosnia crisis. Zarroli started his radio career at WBUR-FM in Boston, and before that was a reporter at the Pittsburgh Press and the Associated Press. He has written for The Christian Science Monitor, The Los Angeles Times, and The Boston Globe.

Zarroli grew up in a small house in Wilmington, Delaware, with five siblings. He is a 1980 graduate of Pennsylvania State University, with a Bachelor of Arts in journalism. He loves traveling to new places, reading, gardening, and he likes most people except those who mistreat animals. He lives with his partner in New York and has two formerly stray cats.

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4:00am

Fri May 6, 2011
Business

Commodity Prices Drop On Fears Of Slowing Economy

The price of virtually every majority commodity fell Thursday. Oil prices closed below $100 a barrel and silver fell 8 percent. Analysts say prices fell, at least in part, because of recent reports suggesting the economy might be slowing, which would mean less demand for commodities.

5:02pm

Thu April 28, 2011
Around the Nation

As Gas Prices Rise, Oil Company Tax Breaks Debated

Exxon Mobil said Thursday that its profits surged during the first three months of the year: The company said it earned $10.6 billion during that period — an increase of 69 percent.

These higher profits come at a time when gasoline prices are exceeding $4 a gallon in some states. So, in Washington, there's once again talk of eliminating some of the tax breaks the industry receives.

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12:01am

Thu April 21, 2011
Politics

Politicians Put A Positive Spin On Budget Battle Words

The budget battle is all about numbers: how much the government takes in, and how much it spends. But it's also a battle over words.

Both sides have put a lot of energy into coming up with new ways of describing old concepts. It's part of the process of selling their ideas to the public.

At the end of the day, the budget battle is political, and both sides choose their words carefully. Democrats, for example, don't like to talk about government spending, which has a bad connotation, so they talk about making investments in the country's future.

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12:01am

Mon April 11, 2011
Japan In Crisis

Major Power Shortages Loom Over Japanese Firms

The Japanese government says it may ask major businesses and institutions to reduce the amount of power they use by 25 percent this summer.

Parts of Japan have had rolling blackouts as a result of last month's earthquake and tsunami, which crippled a major nuclear reactor complex. But some Japanese businesses say the huge cuts being contemplated right now will be difficult to live with.

Most people in Japan have a story to tell about where they were on March 11.

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2:33pm

Wed April 6, 2011
Japan In Crisis

Crisis Stalls Japan's Toyota City As Automakers Wait

Like other Japanese manufacturers, Toyota has had to suspend production since the March 11 earthquake and tsunami. The impact is being felt acutely in Toyota City, where the company is based. Many small manufacturers there survive by selling parts to the automaker, and the shutdowns are already hurting the local economy.

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9:13am

Tue March 22, 2011
Economy

Silicon Valley Job Outlook Brighter, Still Cloudy

In California's Silicon Valley, the economy is finally showing signs of a turnaround. Social media companies like Twitter and Facebook are generating a lot of new excitement, and there's even been a slight uptick in hiring. Still, the recession has done considerable damage to the region's economy, and the unemployment rate remains high.

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