Jim Zarroli

Jim Zarroli is a reporter who has covered business and the economy from NPR's New York bureau since 1996. In that position, he regularly covers a wide range of economic subjects, including employment, the stock market, the Federal Reserve System, deregulation, trade, and the media. His pieces can be heard regularly on Morning Edition and All Things Considered, and he is a contributor to NPR's On the Media.

Among the stories he has worked on recently are the accounting scandals at Enron, WorldCom, and other companies; the trials of Martha Stewart and Bernard Ebbers; the spread of tax shelters; the investigation of the insurance industry; the rise of oil prices; as well as numerous corporate mergers. As a reporter in New York, Zarroli also assisted in NPR's coverage of the Sept. 11 attacks on the World Trade Center, an experience that left an indelible mark on him.

Before covering business, Zarroli was a general assignment reporter for NPR. He also covered the United Nations during the first Gulf war and the Bosnia crisis. Zarroli started his radio career at WBUR-FM in Boston, and before that was a reporter at the Pittsburgh Press and the Associated Press. He has written for The Christian Science Monitor, The Los Angeles Times, and The Boston Globe.

Zarroli grew up in a small house in Wilmington, Delaware, with five siblings. He is a 1980 graduate of Pennsylvania State University, with a Bachelor of Arts in journalism. He loves traveling to new places, reading, gardening, and he likes most people except those who mistreat animals. He lives with his partner in New York and has two formerly stray cats.

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1:41am

Mon March 5, 2012
Business

Are Tax Breaks The Right Move For Manufacturing?

Originally published on Fri March 9, 2012 8:51 am

A welder at Specialty Fab in North Lima, Ohio, works March 1 on a piece of a compressor skid frame that is bound for the Ohio Shale project. Manufacturing companies such as Specialty Fab could receive tax breaks if a proposal from the Obama administration goes through.
Jim Watson AFP/Getty Images

The White House says restoring the U.S. manufacturing sector is an essential part of getting the economy back on track.

GOP candidate Rick Santorum wants to see tax breaks for manufacturing companies, and the Obama administration proposed something similar last week. But economists say tax breaks may not be the best way to help manufacturers right now.

Over the years, the steady loss of good factory jobs is a big reason why wages have stagnated for people who never went to college, says Dean Baker, co-director of the Center for Economic and Policy Research.

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11:01am

Thu February 23, 2012
Business

Obama's Corporate Tax Cut Plan Faces Uphill Battle

Boeing employees work on a plane engine at the company's factory in Everett, Wash. The Obama administration's corporate tax cut proposal would offer even deeper cuts for U.S. manufacturers like Boeing.
Stephen Brashear Getty Images

President Obama's plan to overhaul the nation's corporate tax system would sharply cut the taxes that U.S. companies pay. But it would also eliminate many of the loopholes that help them pare down what they owe.

White House spokesman Jay Carney says the proposal unveiled Wednesday should appeal to both Democrats and Republicans, by doing what both sides "say is important to do ... which is lower the rate, broaden the base [and] eliminate the underbrush of unnecessary subsidies and loopholes and special provisions that complicate the tax code."

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10:01pm

Sun February 19, 2012
Business

Bondholders To Take A Hit In Greece Bailout Plan

European finance ministers are expected to vote on the latest $171 billion bailout package for Greece Monday. The package needs to be approved so Greece can make payments on bonds that come due a month from now. Even if the bailout is approved, it is likely to be only a temporary solution to Greece's troubles.

Across the Atlantic in New York, Hans Humes likes to ride his bike from his home in Brooklyn to his office at Greylock Capital Management in Manhattan. On a recent morning he showed up for our interview still carrying his bike helmet.

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10:00am

Wed February 15, 2012
Shots - Health Blog

Does Contraception Really Pay For Itself?

Birth control will be paid for by employees' insurance companies, if their employers refuse to do so.
istockphoto.com

Last week, President Barack Obama announced that religious groups won't have to pay for contraceptive services themselves. Instead, the cost would be borne by their insurance companies.

That compromise has raised a whole new set of questions on its own, though.

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3:00pm

Thu February 9, 2012
NPR Story

Comparing The Candidates Tax Plans

Originally published on Thu February 9, 2012 3:00 pm

GOP presidential candidates (from left) Rick Santorum, Newt Gingrich, Mitt Romney and Ron Paul place their hands over their hearts during the national anthem at the start of a debate in Florida last month.
Chip Somodevilla Getty Images

Cutting taxes is part of the DNA of the modern Republican Party. All four of the remaining GOP candidates for president have proposed steep cuts in business and personal taxes, and it sometimes seems like Republicans are competing to show the most enthusiasm for tax cuts.

At a debate last month, former Sen. Rick Santorum said tax cuts were needed to get the economy thriving again — even if they benefit the wealthy.

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