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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With millions stuck at home, more and more people are trying day trading. Most will end up losing money, studies show, while troubling cases of addiction are also on the rise.
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The Dow Jones Industrial Average has surpassed the 30,000 mark. This year, stocks plunged after pandemic lockdowns but came back after drugmakers reported success in developing coronavirus vaccines.
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Markets welcomed President Trump's recommendation the transition process begin, which will provide critical resources and information to President-elect Joe Biden's team.
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The president-elect can undo many of Trump's tariffs with the stroke of a pen, but he's unlikely to do so now that the tenor of the U.S.-China relationship has changed.
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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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Stocks have traditionally done well with a Democrat in the White House and Congress under Republican control.
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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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Trump says a Democratic victory next week will send stock prices plummeting. But Wall Street ambivalent about the prospect of a Biden presidency. Mainly investors are worried about COVID-19.
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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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Investors are also discouraged by the lack of progress in talks between Congress and the White House over another coronavirus relief bill.