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.

Last week's Brexit vote sent financial markets tumbling around the world, wiping out months of stock market gains and pushing the British pound down to levels not seen in more than three decades.

It also raised tough questions about the future of the United Kingdom's economy, especially with the resignation of Prime Minister David Cameron and the ensuing political turmoil.

In more and more countries, investors are paying the government for the privilege of owning its bonds. It's usually the other way around.

The yield on Germany's 10-year government bond fell into negative territory for the first time ever on Tuesday, as worries build that the United Kingdom could decide to leave the European Union next week.

A lot of famous and important people have felt the sting of Donald Trump's invective in recent months, including former Massachusetts Gov. Mitt Romney, British Prime Minister David Cameron and even the pope.

And then there's Bob Guillo, of Manhasset, N.Y.

The 76-year-old Long Island retiree found himself singled out by Trump in a speech on May 27 because he had criticized Trump University, one of the presumptive Republican presidential nominee's most controversial business ventures.

Copyright 2016 NPR. To see more, visit http://www.npr.org/.

Shareholders of Exxon Mobil and Chevron have voted to reject a series of resolutions aimed at encouraging the companies to take stronger actions to battle climate change.

But Exxon Mobil shareholders voted in favor of a rule that could make it easier for minority shareholders to nominate outsiders to the company's board, a potential victory for environmentalists.

Activist shareholders at both companies had placed an unusual number of resolutions on the ballot related to climate change.

Copyright 2016 NPR. To see more, visit http://www.npr.org/.

Donald Trump has made various statements about his tax plan in recent days that have left some people pretty confused about just what he'd like to do. Here's a guide to interpreting his remarks.

"In other words, it's going to cost me a fortune." — News conference, Sept. 28, 2015

At a news conference at Trump Tower, Trump unveiled a series of proposals to dramatically simplify and cut business and personal taxes.

The anonymous source behind the Panama Papers document dump has offered to help law enforcement officials pursue wrongdoers, in exchange for immunity from prosecution.

When Jennifer Kaiser's mother was her age, a lot of the women she knew were stay-at-home moms who could maintain a solid standard of living without taking outside work. These days, that's pretty much an unaffordable luxury.

"For me and a majority of the people I know it's a paycheck-to-paycheck society. That's the way it is and it stinks," said Kaiser, a 44-year-old legal assistant at a downtown Indianapolis law firm.

Sen. Bernie Sanders says that if he is elected president in November, one of his first acts in office would be to begin breaking up the large financial institutions that pose a grave risk to the economy.

But there's a problem with that idea: It's not clear the president has the legal authority to break up the banks.

"It's not something the president can do. It's not even something the Treasury can do," says Karen Shaw Petrou, managing partner of Federal Financial Analytics.

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