Streams

Jim Zarroli

Jim Zarroli appears in the following:

Opportunity, Caution Seen For U.S. Banks As Cuba Rules Ease

Thursday, December 18, 2014

President Obama eased restrictions on Cuba this week, including a relaxation of rules barring U.S. banks from doing business there. But banks are awaiting details and are likely to proceed cautiously.

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'Reshoring' Trend Has Little Impact On U.S. Economy, Study Finds

Tuesday, December 16, 2014

"Reshoring," or bringing U.S. jobs back from overseas, is not as prevalent as has been reported, a consulting firm's research finds. The study found a total of 300 cases from 2013.

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Lockheed Martin Case Puts 401(k) Plans On Trial

Monday, December 15, 2014

The aerospace company is being sued for choosing retirement funds that were poorly managed and charged high fees in a case that tests the limits of a company's responsibilities to its employees.

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Pension Deal In Spending Bill Will Cut Benefits Before Safety Net Fails

Thursday, December 11, 2014

The agreement comes as several "multi-employer" pension plans are insolvent. The federal government guarantees those plans' benefits, but might not be able to handle all of them failing at once.

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Drop In Oil Prices Is Being Felt By U.S. Drillers, Oil Field Firms

Tuesday, December 02, 2014

OPEC's decision not cut production is sending ripples throughout the industry as drillers pull back and reassess their plans. The next few months could send some companies under, one consultant says.

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Immigration Policy May Mean Better Jobs, But Impact On Labor Unclear

Friday, November 28, 2014

President Obama wants to give temporary work status to millions of undocumented workers now living in the U.S. That would mean better jobs for many, but its impact on the labor market is less certain.

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Senate Panel Probes Fed's Oversight Of Commodity Trading

Friday, November 21, 2014

A Senate committee has accused major banks including Goldman Sachs and JPMorgan Chase of manipulating commodity prices. Executives from several leading banks rejected the allegations on Thursday.

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1 Million American Pension Plans Could Be Insolvent In 10 Years

Wednesday, November 19, 2014

The agency in charge of insuring private-sector pension plans is warning about big problems on the horizon. The Pension Benefit Guarantee Corporation projects that several large multi-employer plans will become insolvent within the next decade.

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Justice Department Charges Georgia Debt Collector With Fraud

Wednesday, November 19, 2014

Williams, Scott & Associates is alleged to have threatened debtors with arrest, criminal charges and the loss of driving privileges. The owner and six employees were arrested.

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Ohio Bill Would Shield Source Of Lethal Injection Drugs

Wednesday, November 19, 2014

As states struggle to obtain the drugs used to put someone to death, Ohio lawmakers consider a bill that would shield the ID of any drugmaker, pharmacy or medical professional involved in executions.

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Business Leaders Hope Shifts In Congress Will Bring Tax Reform

Wednesday, November 05, 2014

Many business groups see an opportunity in the outcome of the election and plan to revive an agenda that's been dormant for years. From energy and trade to taxes and regulation, there is a lot on the table, but no guarantee anything will be passed anytime soon.

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Why Deflation Is Such A Big Worry For Europe

Friday, October 31, 2014

Some of the weakest countries, such as Spain and Italy, are experiencing a broad drop in incomes and asset values. Deflation is a painful process that can be hard to reverse once it starts.

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Drop In Unemployment Raises Debate On Optimal Rate

Friday, October 17, 2014

Now that unemployment has slipped below 6 percent, there's renewed interest in what the Federal Reserve's target for joblessness should be. Some economists worry that inflation will resurface.

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Turmoil Continues In Financial Markets As Dow Plunges

Wednesday, October 15, 2014

Stocks took a beating on Wednesday, with the Dow and the S&P 500 falling more than 2 percent before bouncing back slightly. Money flowed into safe haven investments such as U.S. Treasuries.

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Economics Nobel Awarded For Work On Regulating Big Businesses

Monday, October 13, 2014

French economist Jean Tirole studies oligopolies — markets that are controlled by a handful of powerful, interdependent companies.

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French Economist Wins Nobel For Market Power And Regulation Research

Monday, October 13, 2014

French economist Jean Tirole, 61, works at the Toulouse School of Economics in France. The economics prize completed the 2014 Nobel Prize announcements.

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Speculation Abounds Over Who Will Win Economics Nobel

Monday, October 13, 2014

The top contenders for the Nobel Prize in economics are said to be a pair of NYU professors who study entrepreneurship, and a Stanford researcher who did pioneering work into economic sociology.

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Stock Market Has Wild Week Of Ups And Downs

Thursday, October 09, 2014

The stock market has been on a tear this week in both directions. The Dow was down more than 270 points on Tuesday and up by a similar amount Wednesday. On Thursday, it was down by more than 300 points in mid-afternoon.

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Hong Kong Protests Could Make Beijing Choose Between Prosperity, Control

Friday, October 03, 2014

Hong Kong remains a vitally important gateway for trade and financial activity. For now, no other city can match its financial infrastructure but civil unrest could scare off Western investors.

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Six Years After Financial Crisis, Litigation Carries On With AIG Suit

Tuesday, September 30, 2014

Maurice "Hank" Greenberg, AIG's former CEO, is suing the U.S. government over the terms of the company's $85 billion bailout. He says it amounts to an unconstitutional seizure of private property.

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