Jim Zarroli

Jim Zarroli appears in the following:

There's Rich, And Then There's Jeff Bezos Rich: Meet The World's Centibillionaires

Thursday, December 10, 2020

The Amazon CEO and four other billionaires are part of the world's most exclusive club in the midst of the pandemic: those whose fortunes exceed $100 billion.

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Soaring Stock Market Creates A Club Of Centibillionaires

Wednesday, December 09, 2020

This year, five people have achieved the status of centibillionaires, i.e., people worth more than $100 billion. Among them is Tesla founder Elon Musk.

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Investors Can Now Bet On The Future Of Water Prices In California

Wednesday, December 09, 2020

Water is a precious resources in California — a state plagued by wildfires and drought. Water there is now a commodity and can now be traded like oil and gas.

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He Thought Day Trading Would Be A Thrill. He Ended Up Losing $127,000

Tuesday, December 08, 2020

With millions stuck at home, more and more people are trying day trading. Most will end up losing money, studies show, while troubling cases of addiction are also on the rise.

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Former Day Trader Warns Others Of The Risk Of Addiction

Monday, December 07, 2020

During the pandemic, millions of people have turned to trading stocks. Studies say most of them will lose money. One former day trader has taken to YouTube to warn people about the risks.

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Nasdaq Takes Aim At All-White, Male Company Boards With Diversity Proposal

Tuesday, December 01, 2020

The exchange wants to require listed companies to include women and minorities. California and Goldman Sachs have made similar steps recently; some European countries have had such rules for years.

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The Dow Surpasses 30,000 For 1st Time Ever

Tuesday, November 24, 2020

The Dow Jones Industrial Average has surpassed the 30,000 mark. This year, stocks plunged after pandemic lockdowns but came back after drugmakers reported success in developing coronavirus vaccines.

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Dow Surges Past 30,000 Points For 1st Time In Historic Milestone

Tuesday, November 24, 2020

Markets welcomed President Trump's recommendation the transition process begin, which will provide critical resources and information to President-elect Joe Biden's team.

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CEOs Urge Trump To Concede: 'Not A Moment To Waste' In Fighting COVID-19

Monday, November 23, 2020

More than 150 business leaders released a letter calling on President Trump to start the transition process, given the urgent need to tackle the fallout from the coronavirus pandemic.

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Fed, Treasury Department Split On When To Cut Off Pandemic Loan Programs

Friday, November 20, 2020

Treasury Secretary Steve Mnuchin wants to let the emergency loan programs expire at the end of the year. Federal Reserve Chair Jerome Powell says that's too soon.

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Federal Reserve To Wind Down Pandemic Programs After Rare Clash With Treasury

Friday, November 20, 2020

The Fed will comply with a request from the Treasury Department to wind down coronavirus emergency lending programs after the central bank had earlier objected to the move.

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Trump Launched A Trade War Against China. Don't Look To Biden To Reverse It

Wednesday, November 18, 2020

The president-elect can undo many of Trump's tariffs with the stroke of a pen, but he's unlikely to do so now that the tenor of the U.S.-China relationship has changed.

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Senate Fails To Approve Judy Shelton's Nomination To Federal Reserve Board

Tuesday, November 17, 2020

Judy Shelton, the controversial nominee to the Federal Reserve's Board of Governors, failed to advance for a vote in the Senate, delivering Republicans and the Trump administration a major setback.

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Stocks Hit Record High On Moderna's Vaccine News; Dow Nears 30,000

Monday, November 16, 2020

Investors were also reassured by comments from two Biden advisers that no nationwide COVID-19 lockdowns are being contemplated.

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Stocks Skyrocket Amid Pfizer's Report On Effectiveness Of A Coronavirus Vaccine

Monday, November 09, 2020

Stocks soared to record highs after drugmaker Pfizer announced its experimental coronavirus vaccine was more than 90% effective, providing a major dose of hope for the global economy.

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Stocks Soar To Record Highs On Vaccine Hopes

Monday, November 09, 2020

Stocks surged after Pfizer said its experimental vaccine was more than 90% effective and after former Vice President Joe Biden was elected president.

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Stocks Post Best Week Since April Despite Tumultuous And Unresolved Election

Friday, November 06, 2020

Investors are betting on at least two more years of divided government, spurring the best weekly stock gains in months.

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Wall Street Bet On A 'Blue Wave,' But Divided Government Suits It Just Fine Too

Thursday, November 05, 2020

Stocks have traditionally done well with a Democrat in the White House and Congress under Republican control.

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Stocks Soar As Tense Election Draws To A Close

Tuesday, November 03, 2020

Investors are betting that Democrats could take control of the White House and the Senate, increasing the prospect of passing a new relief package once the election is over.

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How The Election Might Affect Stock Prices

Friday, October 30, 2020

Trump says a Democratic victory next week will send stock prices plummeting. But Wall Street ambivalent about the prospect of a Biden presidency. Mainly investors are worried about COVID-19.

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