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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Investors are betting on at least two more years of divided government, spurring the best weekly stock gains in months. -
Stocks have traditionally done well with a Democrat in the White House and Congress under Republican control. -
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. -
With control of the Senate at stake, record amounts of outside money are flooding into races. In North Carolina, nearly $200 million has come in, dwarfing the money raised by the candidates.
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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. -
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 government shortfall for the fiscal year that just ended was more than triple that of 2019. The national debt of $21 trillion now exceeds the size of the U.S. economy. -
This week major banks are expected to reveal profits in the third quarter of 2020. This data will shed light on how much the pandemic has affected consumer borrowing and spending.
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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.
