Jim Zarroli

Jim Zarroli appears in the following:

U.S., Pacific Rim Nations Reach Agreement On Trade Deal

Monday, October 05, 2015

The U.S. and 11 Pacific Rim nations reached an agreement on the Trans-Pacific Partnership Monday.


What's Next For The Trans-Pacific Trade Deal?

Monday, October 05, 2015

The U.S. and Pacific Rim countries reached agreement Monday on an ambitious pact that cuts trade barriers, sets new labor and environmental standards and protects intellectual property rights.


Donald Trump Unveils Plan To Cut Taxes For Millions

Monday, September 28, 2015

Trump's plan would lower the tax rate for businesses to 15 percent. Single people making less that $25,000 and married couples earning less than $50,000 would not pay any federal income tax.


Turing Pharmaceuticals Retreats From Plan To Raise Price Of Daraprim

Wednesday, September 23, 2015

Turing Pharmaceutical CEO Martin Shkreli has backed down on his plan for an astronomical price increase on a drug used to treat a deadly parasitic infection. The company did not say what the new price would be, but presumably less than the $750 a pill it had planned to charge. The move illustrates how Shkreli is more Wall Street speculator than pharmaceutical entrepreneur.


Alexander Hamilton's Financial Legacy Is A Hit Musical

Monday, September 21, 2015

Hamilton, the hottest ticket on Broadway, is a musical about the decidedly un-hot topic of his crucial role in U.S. economics. What can we learn about debt and the dollar through rhymes and R&B?


Anheuser-Busch Signals Possible Merger With SABMiller

Wednesday, September 16, 2015

Anheuser-Busch InBev, the largest beer maker in the world, has approached No. 2 SABMiller to talk about a merger. AB InBev did not put a number on the table, but shares of both companies shot up anyway. The potential deal will face a tough antitrust review in Europe and the U.S.


Justice Department Pledges To Crack Down On Wall Street Fraud

Thursday, September 10, 2015

Deputy Attorney General Sally Yates outlined the department's new efforts to hold individuals responsible in corporate fraud cases in a speech at New York University Law School Thursday.


Obama Asks Congress To Fund New Coast Guard Icebreakers

Tuesday, September 01, 2015

President Obama is in Alaska calling for Congress to fund the construction of new Coast Guard icebreakers. The president said the Arctic is growing in importance, and the Coast Guard's icebreakers aren't keeping pace with the challenge. The Coast Guard has two heavy icebreakers, down from seven during World War II.


Beijing Government Spurred Ordinary Investors To Make Risky Margin Bets

Thursday, August 27, 2015

China's main stock market looks like any other but there are important differences. Chinese investors have seen dramatic losses this year. Many got in the market because the government encouraged it.


Global Stocks Fail To Rally After Monday's Slide

Tuesday, August 25, 2015

China's stock market had another rough day as other markets across the world seemed to recover. But the Dow took a late day plunge after another major sell-off.


Dow Loses Nearly 3.6 Percent. How Will Markets Fare On Tuesday?

Tuesday, August 25, 2015

Stock prices in Asia are battered and prices are down in Europe too. In the U.S., investors wait to see if the turmoil is abating. Stocks began dropping over concerns about China's economic slowdown.


Global Markets Remain Erratic After China Worries Spark Sell-Off

Monday, August 24, 2015

China's Shanghai Composite Index fell 8.5 percent Monday prompting a global sell-off. When trading opened in the U.S., the Dow and S&P 500 plummeted, then recovered, then fell again.


Global Markets Dip As Chinese Economy Slow-Down Spooks Investors

Friday, August 21, 2015

Global markets endured a brutal week as concerns about a slowing Chinese economy spooked investors. But the U.S. stock market has enjoyed strong gains in recent years, and this week's losses don't even begin to erase them.


Yuan's Devaluation Could Help China Become A World Financial Player

Friday, August 14, 2015

China already is an economic force. It's a powerhouse in trade and manufacturing, but it yearns to be more. Its desire to be a major financial player carries some risk for the world's economy.


Devaluation Of Chinese Currency Fuels Fears About Global Economy's Strength

Wednesday, August 12, 2015

Global markets continued to fall after China devalued its currency for a second straight day on Wednesday. The moves to weaken the yuan could damage U.S. multinational firms because their goods become more expensive in China.


SEC Approves Rule That Shines Light On CEO Pay Ratio

Wednesday, August 05, 2015

The Securities and Exchange Commission voted Wednesday on new rules that require public companies to list their chief executives' total annual compensation as a ratio to their workers' median pay.


For Some States, New Emissions Rules Will Force A Power Shift

Tuesday, August 04, 2015

The federal rules will deal a big blow to some energy sectors — especially coal. The change won't be so hard for states that have moved to cut emissions. But for others it will be more difficult.


Pacific Trade Pact In Limbo As Talks End Without A Deal

Friday, July 31, 2015

Disagreements remain among the 12 countries regarding drug patents, market access and more, and likely will delay congressional debate of any eventual agreement into 2016.


For Greece's Farmers, Growing Pressure To Be More Competitive

Monday, July 27, 2015

Greece grows plenty of good agricultural products, but has trouble competing internationally. Many in Greece say it's time for the farm sector to modernize.


Struggling Greek Businesses Choked By Money Controls

Friday, July 24, 2015

They're facing a double whammy. Not only do customers have less money to spend, but businesses can no longer pay their foreign suppliers for goods and raw materials. Many fear they'll have to close.