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.

Lions are rapidly disappearing in large parts of Africa, and their population could be reduced by half outside of protected areas over the next two decades, according to a study published Tuesday in the Proceedings of the National Academy of Sciences.

A few months ago, Federal Reserve policymakers were all but promising they would raise interest rates before the end of this year. Now, as the U.S. economy shows signs of a slowdown, a hike in 2015 is looking a lot less likely.

The company that makes Legos has landed at the center of a social-media firestorm after Chinese artist Ai Weiwei complained that it refused to supply a bulk order of the toy bricks for his art.

Ai said he wanted to use the bricks for an exhibition on free speech at Australia's National Gallery of Victoria. The museum attempted to place an order but was told by the company that it "cannot approve the use of Legos for political works."

"We've been refused, and the reason is Lego will not support political art, which is very frustrating," Ai said in an interview with NPR.

As criticism mounts over its business practices, multinational drug company Valeant Pharmaceuticals will hold a conference call Monday morning, in an effort to persuade Wall Street not to bail on its stock.

"We look forward to our call on Monday where we will address and refute recent allegations," said J. Michael Pearson, chairman and chief executive officer, in a statement.

U.S. officials have dropped insider trading charges against former hedge fund manager Michael Steinberg, after an appeals court ruling struck down convictions in a related case.

Prosecutors also dropped charges against six cooperating witnesses who had pleaded guilty in the same case.

U.S. Attorney Preet Bharara said in a statement that the charges against the witnesses "would no longer be in the interest of justice."