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.

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Economy
4:28 pm
Fri July 3, 2015

Debt Crisis Puts The Squeeze On Greece's Banks

Pensioners queue outside a national bank branch in Athens on Thursday. Greek banks are running out of cash and the situation poses further danger to the economy, analysts say.
Aris Messinis AFP/Getty Images

Originally published on Fri July 3, 2015 6:31 pm

As they rapidly run out of cash, Greece's banks could hardly be in a more precarious position.

For months, as this crisis has intensified people have been slowly withdrawing their money. The banks have been able to do business only because of emergency loans from the European Central Bank.

But when Greece missed a payment to the International Monetary Fund this week, the ECB decided not to lend any more money.

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Economy
11:17 am
Thu July 2, 2015

In June Jobs Report, Positive Numbers Belie Frustrations Beneath Surface

Copyright 2015 NPR. To see more, visit http://www.npr.org/.

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Economy
2:22 am
Thu July 2, 2015

Jobs Report Expected To Show 'Stronger Momentum' In Economy

Originally published on Thu July 2, 2015 8:16 am

Economists surveyed by Reuters are predicting that employers added about 230,000 jobs to their payrolls in June. That's less than the month before but still a pretty strong showing.

Because of the Independence Day holiday, the unemployment report is being released on Thursday at 8:30 a.m. ET. It is normally issued on a Friday.

The U.S. economy slowed a lot over the winter, but as the weather has improved so has the job market. On Wednesday, the payroll processing company ADP said private employers added about 237,000 jobs in June — the biggest gain since December.

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Europe
4:15 pm
Tue June 30, 2015

How Default Could Push Greece Out Of The Eurozone

People wait in line to withdraw euros from an ATM after Greece closed its banks Monday in Athens.
Milos Bicanski Getty Images

Originally published on Tue June 30, 2015 7:39 pm

This story was updated at 7 p.m. ET.

The deadline passed Tuesday evening for Greece to make a key loan payment to the International Monetary Fund — putting it a step closer toward quitting the euro.

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Latin America
5:43 pm
Mon June 29, 2015

Like Greece, Cash-Strapped Puerto Rico Needs A Fiscal Lifeline

Originally published on Tue June 30, 2015 5:52 am

Copyright 2015 NPR. To see more, visit http://www.npr.org/.

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The Two-Way
11:35 pm
Sun June 28, 2015

Economic Crisis Looms For Puerto Rico, Report Says

Puerto Rico Gov. Alejandro Garcia Padilla in April delivered his budget address for the next fiscal year at the Capitol building in San Juan.
Ricardo Arduengo AP

Originally published on Mon June 29, 2015 6:46 pm

A report obtained by NPR paints a bleak portrait of Puerto Rico's economic future, saying its deficit is much larger than previously thought.

"Puerto Rico faces hard times," says the report which was commissioned by the Government Development Bank and written by three former and current International Monetary Fund economists. It is to be released on Monday.

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The Salt
6:06 pm
Tue June 23, 2015

As Tastes Shift, Food Giant General Mills Gets A Makeover

Product developer Erin Schutt was part of a team that came up with a new line of frozen vegetables for General Mills' Green Giant brand.
Jim Zarroli NPR

Originally published on Fri June 26, 2015 2:54 pm

It's not just the Lucky Charms that are getting a makeover at General Mills. The company's announcement Monday that it is removing artificial colors and flavors from its cereal line is part of a much bigger overhaul at the food giant.

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Europe
5:40 pm
Mon June 22, 2015

EU Leaders Consider Economic Reform Proposal To Prevent Greek Default

Originally published on Mon June 22, 2015 10:32 pm

Copyright 2015 NPR. To see more, visit http://www.npr.org/.

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Economy
4:35 am
Mon June 22, 2015

Summit To Concentrate On Greece's Impending Deadline To Repay IMF Loan

Demonstrators hold flags and banners during a protest march in solidarity with Greece in Brussels on Sunday. Heads of state in the eurozone will meet in Brussels on Monday for a special summit to discuss the financial crisis with Greece.
Virginia Mayo AP

Originally published on Mon June 22, 2015 6:54 pm

European leaders hold an emergency summit in Brussels on Monday in an effort to prevent Greece from defaulting on its debts. Greece owes the International Monetary Fund $1.8 billion by the end of this month, and it needs Europe's help to make the payment. But the Athens government is refusing to commit to an economic overhaul package that officials are demanding.

Greece has come close to default many times before — only to work out a last-minute compromise with its creditors. This time, though, it faces much longer odds.

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Europe
5:11 pm
Sun June 21, 2015

Will Monday's Greek Debt Talks Result In A Deal?

Originally published on Sun June 21, 2015 6:18 pm

Copyright 2015 NPR. To see more, visit http://www.npr.org/.

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