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 vote by the United Kingdom to leave the European Union is raising questions about London's role as a global financial center, which has helped send bank stocks down sharply for a second trading day in a row.

Shares of British banks such as Barclay's and Royal Bank of Scotland are down, but the carnage has spread throughout Europe and beyond, amid a series of earnings downgrades and profit warnings.

During a speech in Columbus, Ohio, on Tuesday, presumptive Democratic presidential nominee Hillary Clinton launched a major attack on the economic record of her Republican rival, Donald Trump.

The speech went over some by-now familiar ground about Trump's business record, as well as his controversial positions on issues such as government debt and the minimum wage.

And at one point, Clinton took on Trump's views about women in the workforce.

When British voters go to the polls on Thursday to decide whether the United Kingdom should remain in the European Union, a lot of people on this side of the Atlantic will be watching as well.

U.S. companies with large operations in the U.K., such as Cisco, JPMorgan Chase, Ford and General Electric, have already spoken out against "Brexit," even hinting that it could force them to lay off workers.

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

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.

Editor's note, June 16: An earlier version of this story said Omar Mateen carried an AR-15, based on comments from Orlando Police Chief John Mina, who said Sunday that the gun was an "AR-15-assault-type rifle." Law enforcement officials subsequently told NPR that the gun was a Sig Sauer MCX, a rifle similar to an AR-15 but also different in fundamental ways. This story reflects the change.

Updated 8:55 p.m. ET with White House comment

The influential head of the House Financial Services Committee wants to do away with most of the Wall Street regulations passed by Congress in the wake of the 2008 financial crisis.

Rep. Jeb Hensarling, R-Texas, would allow banks that keep more capital on their books than they currently do to be exempt from most of the new rules. The change would include the Democrats' signature legislation, the Dodd-Frank Act.

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.

Maurice "Hank" Greenberg, who built AIG into an insurance-industry powerhouse only to be forced out under pressure from regulators, must stand trial for accounting fraud, New York's highest court has ruled.

The New York Court of Appeals ruled that state officials can try to recover millions of dollars in bonuses and interest from Greenberg, 91, and his co-defendant, Howard Smith, 71, former AIG chief financial officer.

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.

Monsanto has rejected a $62 billion takeover bid from Bayer as "incomplete and financially inadequate," but left the door open to further negotiations with the German chemical and pharmaceutical giant.

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

U.S. officials have charged the former chairman of Dean Foods with passing inside information to Las Vegas sports bettor Billy Walters, in a case that also involves professional golfer Phil Mickelson.

Prosecutors say that between 2008 and 2014, Thomas Davis gave Walters information about the financial performance of his company that had not been made public.

In exchange, Davis received business opportunities, investment capital and $1 million in unpaid loans, according to court documents.

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.

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