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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Business
3:45 pm
Tue August 26, 2014

BK's Big Deal Could Bring The King To Canada, Controversy Close Behind

Originally published on Tue August 26, 2014 7:07 pm

Burger King is buying Tim Hortons, the Canadian coffee-and-donut chain, in a deal valued at $11 billion. The new company will be headquartered in Ontario, Canada, allowing Burger King to take advantage of Canada's lower corporate tax rate. The relocation is bound to cause controversy in the U.S.

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Business
3:06 pm
Mon August 25, 2014

To Make A Move North, Burger King Eyes Buying A Canadian Icon

Originally published on Tue August 26, 2014 1:08 pm

Copyright 2014 NPR. To see more, visit http://www.npr.org/.

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Parallels
3:31 pm
Fri August 22, 2014

Argentina Crisis Puts Focus On Role Of Distressed-Debt Funds

A woman in Buenos Aires walks with her dog past a mural that reads "Vultures" in Spanish. The mural is a reference to the dispute between the Argentine government and U.S. hedge funds.
Victor R. Caivano AP

Originally published on Fri August 22, 2014 7:09 pm

The legal battle between Argentina and its creditors grinds on with no sign of a resolution anytime soon. The dispute pits the government against two New York hedge funds that specialize in buying distressed debt.

These hedge funds bought Argentina's bonds at fire-sale prices and now stand to make huge profits off the country's financial troubles. But they've encountered a lot of resistance from the government.

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Law
3:10 pm
Thu August 21, 2014

Bank Of America Settles With Feds And States For Record Amount

Originally published on Thu August 21, 2014 5:24 pm

Copyright 2014 NPR. To see more, visit http://www.npr.org/.

Business
12:07 pm
Thu August 21, 2014

Bank Of America Settles Mortgage Case For $16.65 Billion

Copyright 2014 NPR. To see more, visit http://www.npr.org/.

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Europe
3:09 pm
Thu August 14, 2014

Once-Thriving Heart Of The Eurozone Stagnates

Originally published on Thu August 14, 2014 5:35 pm

Copyright 2014 NPR. To see more, visit http://www.npr.org/.

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This is ALL THINGS CONSIDERED from NPR News. I'm Melissa Block.

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Business
3:19 pm
Thu August 7, 2014

White House Seeks Ways To Go It Alone In Keeping Companies Stateside

Originally published on Thu August 28, 2014 5:43 pm

Copyright 2014 NPR. To see more, visit http://www.npr.org/.

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World
10:23 am
Sat August 2, 2014

Sanctions Target Russian Oil, But Will That Persuade Putin?

An oil refining factory owned by the Russian company Rosneft, outside the town of Achinsk, Russia, in 2013. The company says that hundreds of sites are being explored throughout the country as potential sources of oil and gas — but to tap those sites, Russia depends on Western companies.
Ilya Naymushin Reuters/Landov

Originally published on Wed August 27, 2014 11:48 am

Both the United States and Europe announced new economic sanctions this week against Russia for its role in the conflict in Ukraine. Among other things, Western companies will no longer be able to sell Russia new technologies to develop its oil fields.

The move comes at a time when oil exports have become more important than ever for the Russian economy.

President Obama says the sanctions are meant to send a strong message:

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Latin America
4:29 am
Thu July 31, 2014

Argentina Is In Default. What Does That Actually Mean?

Originally published on Thu July 31, 2014 7:12 am

Copyright 2014 NPR. To see more, visit http://www.npr.org/.

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Latin America
3:08 pm
Wed July 30, 2014

Late Rally From Argentina Fails To Delay Default

Argentina Economy Minister Axel Kicillof speaks during a news conference at the Argentina Consulate on Wednesday in New York. By the end of the day, a deal had not been reached with the country's creditors.
Stan Honda AFP/Getty Images

Originally published on Wed July 30, 2014 9:09 pm

Talks aimed at resolving Argentina's debt crisis have broken down in New York. A court-appointed mediator has declared that the country will go into default. It is the second time the country has defaulted in about 12 years.

With a midnight deadline looming, the government and its creditors walked away without a deal late Wednesday.

Argentina has been waging a protracted legal battle with a small number of bondholders. They want to be paid in full for bonds they purchased years ago.

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