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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More than 150 business leaders released a letter calling on President Trump to start the transition process, given the urgent need to tackle the fallout from the coronavirus pandemic.
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Investors were also reassured by comments from two Biden advisers that no nationwide COVID-19 lockdowns are being contemplated.
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Stocks soared to record highs after drugmaker Pfizer announced its experimental coronavirus vaccine was more than 90% effective, providing a major dose of hope for the global economy.
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Stocks surged after Pfizer said its experimental vaccine was more than 90% effective and after former Vice President Joe Biden was elected president.
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Investors are betting that Democrats could take control of the White House and the Senate, increasing the prospect of passing a new relief package once the election is over.
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The Dow tumbled more than 900 points as COVID-19 cases surge in the United States and Europe, while next week's election is only adding to the uncertainty over the economy.
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States such as Montana, Arizona and North Carolina are experiencing a flood of campaign contributions from groups that don't have to reveal where the money's coming from.
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The two major political parties raise money differently. Republicans tend to get more money from older industries such as energy and manufacturing. Democrats do better with technology and health care.
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The tax code allows wealthy people who live off investment income to pay taxes at a much lower rate than average people who earn salaries.
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Stocks reversed Tuesday's losses amid word that the Trump administration was considering stand-alone bills to aid airlines and small businesses. The president had called off talks on a relief bill.