Jim Zarroli | KUOW News and Information

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.

The Defense Department's plan to lease space in Manhattan's Trump Tower is already raising ethical concerns, with critics saying it would give the nation's chief executive another way to profit off his new role.

"It creates the appearance that President Trump, through his businesses, may directly benefit financially from charging the Department of Defense to do its job," says Meredith McGehee, chief of policy, programs and strategy at Issue One, a nonprofit that works to remove money from politics.

President Trump's approval rating with voters may be the lowest on record for an incoming chief executive. But in one way at least, his popularity is improving a bit.

The value of Trump as a commercial brand, although still very low, has ticked up since August, according to the Reputation Institute, which measures the worth of various business brands.

Donald Trump's presidential campaign had many unusual aspects, not the least of which was the huge amount of money it funneled into Trump's own businesses.

And now there's a new twist: Such payments can continue indefinitely because he's already declared himself a candidate for re-election in 2020.

Leaders in the U.S. technology sector say President Trump's executive order banning immigrants from some Muslim-majority countries will sow confusion in their businesses and undercut the diversity that has been a linchpin of the industry's growth.

The CEOs of Google, Twitter, Facebook and Apple all issued statements condemning the ban and complaining that the order was pushed through so quickly it left great uncertainty about the status of some of their best employees.

President Trump's continued business dealings have generated plenty of teeth-gnashing about whether the occupant of the White House will be profiting off his new role.

The question is who has the "standing" to do anything about it?

A top aide to President Donald Trump says he won't release his tax returns, insisting that voters aren't concerned about the issue.

"The White House response is he's not going to release his tax returns," said Trump's senior adviser, Kellyanne Conway, on ABC's "This Week."

"We litigated this all through the election. People didn't care," Conway added.

Updated at 12 p.m. ET

A team of ethics experts and legal scholars filed a lawsuit in federal court Monday morning that says President Trump's overseas businesses violate the Constitution's Emoluments Clause, which bars presidents from taking money from foreign governments.

President-elect Donald Trump takes office on Friday having largely failed to address concerns about the many conflicts of interest posed by his business interests.

Although Trump has settled a few of the outstanding legal and regulatory disputes hanging over him, he remains in the unusual position of presiding over countless policy decisions that will affect his own businesses.

These days, plenty of consulting firms make money peddling advice on cybersecurity. Only one is run by a man designated special adviser to the president of the United States.

Earlier this month, President-elect Donald Trump named former New York City Mayor Rudolph Giuliani, who heads a cybersecurity practice at the Miami-based law firm Greenberg-Traurig, as his chief adviser on cybersecurity issues.

President-elect Donald Trump has suggested he may give his daughter and son-in-law some roles in his new administration, but a 1967 anti-nepotism law makes doing so a lot more complicated.

The law bars presidents from hiring relatives to Cabinet or agency jobs, although a federal judge has ruled that it doesn't apply to White House staff jobs.

Some prominent conservatives have signed on to a letter warning President-elect Donald Trump that he needs to sell off his businesses to address his many conflicts of interest.

"Respectfully, you cannot serve the country as president and also own a world-wide business enterprise, without seriously damaging the presidency," says a letter sent Monday by a bipartisan group of politicians, ethics advocates and academics.

President-elect Donald Trump insists he can do all the business deals he wants while serving in the White House, but a 2012 law barring insider trading by government officials could make doing so a lot more complicated.

One day after Vanity Fair printed a highly critical piece about one of his restaurants, President-elect Donald Trump escalated his feud with the magazine's editor, calling him a "no talent."

"Has anyone looked at the really poor numbers of @VanityFair Magazine," Trump said in an early-morning Tweet. "Way down, big trouble, dead! Graydon Carter, no talent, will be out!"

Trump Tower, the building that President-elect Donald Trump calls home, bills itself as "one of the world's elite luxury residences, catering to public figures, athletes, celebrities and other affluent sophisticates."

These days, some other people have taken up residence there as well: Secret Service agents.

Trump has said that his family won't move into the White House right away and will remain, for a few months at least, in the world-famous steel-and-glass office and residential building where they occupy three floors.

President-elect Donald Trump suggested Sunday that he will not sell off his business operations to avoid conflicts of interest during his presidency. He said he will instead allow his grown children to manage them.

"My executives will run it with my children. It's a big company. It's a great company. But I'm going to have nothing to do with management," Trump told Chris Wallace on Fox News Sunday.

Donald Trump was elected president promising to use his business-world experience and negotiating skills to help boost the American economy. Now that he's about to take office, a lot of people hope he'll leave the business world behind.

Two-thirds of those responding to a Bloomberg News poll said they think Trump needs to choose between being president and being a businessman, to avoid the appearance of a conflict of interest.

He was a flamboyant, alpha-male billionaire who said things no career politician ever would — someone who promised to use his business savvy to reform the system and bring back jobs. Voters believed that his great wealth insulated him from corruption, because he couldn't be bought.

But his administration was marked by criminal investigations and crony capitalism.

President-elect Donald Trump has chosen Wilbur Ross Jr., a billionaire investor and turnaround specialist, as his commerce secretary.

Ross announced his selection Wednesday during a joint CNBC interview with longtime Wall Street banker Steve Mnuchin, Trump's pick for Treasury secretary.

"Wilbur Ross is a champion of American manufacturing and knows how to help companies succeed," Trump said in a statement announcing his choice.

The Donald J. Trump Foundation has acknowledged in a tax filing that it violated the ban against "self-dealing," or using its assets to help its leader's business or personal interests, The Washington Post reported.

When comedian Bill Maher offered $5 million to Donald Trump if he could prove he wasn't the son of an orangutan, Trump did something he's done many times before: He sued.

Never before has someone ascended to the presidency owning the kind of complex network of businesses that Donald Trump operates. Trump has promised to turn his company over to his three grown children to run once he's sworn in. But he has refused to do what other presidents have done to insulate himself from conflicts of interest.

The rallies and debates, the tweets and the fundraisers, the wearying last-minute swings through the same half-dozen or so battleground states — all that is winding down at last.

Today it was time for the two major presidential candidates to perform the Election Day ritual of casting their own votes, just like average Joes, except for the fact that average Joes aren't usually trailed by dozens of reporters and TV cameras.

When news broke Friday that the FBI had discovered emails that might be pertinent to its investigation of Democratic presidential candidate Hillary Clinton, stock prices suddenly took a tumble.

The decline can be explained by an unusual development in this year's long, contentious presidential campaign, says Eric Zitzewitz, a professor of economics at Dartmouth College.

Some of the country's most prominent economists have signed a letter warning that Donald Trump is a "dangerous, destructive" choice for president and urging voters to choose someone else.

The letter, first reported by The Wall Street Journal, was signed by 370 economists, including eight Nobel Prize winners.

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

If presidential candidates Hillary Clinton and Donald Trump were consumer products, they wouldn't exactly be flying off the shelves, according to a firm that studies brand loyalty.

The Reputation Institute, which gauges how consumers view companies, politicians and even countries, gives Republican nominee Trump what it calls an overall "pulse score" of 31.7. Democratic nominee Hillary Clinton rates a bit better, at 38.7.

Any score less than 40 qualifies as having a "poor reputation," the firm says.

Updated 9 p.m. ET with executives forfeiting stock awards

Wells Fargo says its CEO John Stumpf will forfeit outstanding stock awards worth about $41 million in response to the scandal involving unauthorized customer accounts. Stumpf will also forego his salary while the company conducts an investigation.

This month federal regulators fined Wells Fargo $185 million for opening checking and credit card accounts on behalf of customers who had no idea that was happening. The bank has promised to try to make restitution.

But that's a lot harder than it sounds. A big question is how to compensate people whose credit scores were hurt by what the bank did.

The founder of Rolling Stone is selling a minority share of the fabled magazine to a Singapore-based social media entrepreneur, the first time an outside investor has been allowed to buy into the property.

Several media reports say Jann Wenner has decided to sell 49 percent of the magazine, as well as its digital assets, to BandLab Technologies, a social-networking site for musicians and fans.

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

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