
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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The president says GM has moved major plants to China. But most of the cars made by the automaker in China are actually sold in the country, which is now the auto industry's largest market.
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The pound was long the symbol of Britain's economic might. The chaos surrounding Brexit, the country's 2016 decision to leave the European Union, has sent the currency falling sharply.
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President Trump recently tweeted that American companies would be better off without China. But many American companies earn a significant portion of their profits there.
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China announced it will impose tariffs on $75 billion of U.S. goods. Federal Reserve Chief Jerome Powell said the central bank will quote "act as appropriate" to sustain the economic expansion.
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Signs the economy is weakening have raised concerns about the Trump administration's moves to erode financial safeguards put in place after the last recession.
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Steven Hoffenberg spent 18 years in prison for running a Ponzi scheme. He says his former business partner Jeffrey Epstein should have been there too.
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Stocks slid early on, amid escalating fears that the U.S.-China trade war will further damage a worldwide economy that's already slowing. But the market recovered by day's end.
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World stock markets saw sharp sell-offs after China let its currency slide, the latest move in its trade war with the United States. The Dow Jones Industrial Average closed down 767 points, or 2.9%.
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President Trump said the United States will impose a new 10% tariff on $300 billion worth of goods imported from China, saying Beijing had broken some of the promises it made in trade negotiations.
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Airlines around the world are cutting flights because of grounded Boeing planes. That's created disruptions for passengers during the busy summer travel season and hit airlines financially.