Jim Zarroli appears in the following:
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.
Billions In COVID-19 Relief Loans May Have Been Handed Out To Scammers, Report Says
Wednesday, October 28, 2020
The Small Business Administration had to quickly disburse coronavirus relief loans. But some of that may have been handed out to fraudsters, an agency report says.
Dow Plunges 943 Points; Steep Sell-Off Is Triggered By Fears Of More Lockdowns
Wednesday, October 28, 2020
The Dow tumbled more than 900 points as COVID-19 cases surge in the United States and Europe, while next week's election is only adding to the uncertainty over the economy.
A Flood Of Outside Money Is Pouring Into 2020 Races, Alarming Transparency Advocates
Tuesday, October 27, 2020
States such as Montana, Arizona and North Carolina are experiencing a flood of campaign contributions from groups that don't have to reveal where the money's coming from.
Political Campaigns See Flood Of Outside Money, Often From Unknown Donors
Monday, October 26, 2020
With control of the Senate at stake, record amounts of outside money are flooding into races. In North Carolina, nearly $200 million has come in, dwarfing the money raised by the candidates.
Stocks Tumble As Coronavirus Cases Spike Again In U.S. And Europe
Monday, October 26, 2020
Investors are also discouraged by the lack of progress in talks between Congress and the White House over another coronavirus relief bill.
Goldman Sachs Executives Will Have To Return Millions In Pay Over Bribery Scandal
Thursday, October 22, 2020
The blue chip bank will claw back hundreds of millions of dollars in compensation from current and former executives over a financial scandal in Malaysia.
Wall Street Is A Big Source Of Campaign Cash For Democrats
Wednesday, October 21, 2020
The two major political parties raise money differently. Republicans tend to get more money from older industries such as energy and manufacturing. Democrats do better with technology and health care.
$3.1 Trillion: Pandemic Spending Drives The Federal Budget Deficit To A Record
Friday, October 16, 2020
The government shortfall for the fiscal year that just ended was more than triple that of 2019. The national debt of $21 trillion now exceeds the size of the U.S. economy.
What Banks' 3rd-Quarter Reports Might Reveal About The State Of The U.S. Economy
Wednesday, October 14, 2020
This week major banks are expected to reveal profits in the third quarter of 2020. This data will shed light on how much the pandemic has affected consumer borrowing and spending.
He's Part Of The 1%. And He Thinks His Taxes Aren't High Enough
Thursday, October 08, 2020
The tax code allows wealthy people who live off investment income to pay taxes at a much lower rate than average people who earn salaries.
Stocks Surge After White House Says It's Open To Pandemic Aid After All
Wednesday, October 07, 2020
Stocks reversed Tuesday's losses amid word that the Trump administration was considering stand-alone bills to aid airlines and small businesses. The president had called off talks on a relief bill.
Getting Lots Of Political Messages On Your Phone? Welcome To 'The Texting Election'
Wednesday, October 07, 2020
Texting has become a cheap and easy way for political campaigns to reach out to voters. But not everyone's happy about it.
Stocks Slump After Trump Halts Coronavirus Stimulus Talks Until After Election
Tuesday, October 06, 2020
Airlines, which have been counting on aid from Congress, were hit hard. Tech shares, which have been among the top gainers this year, also posted losses.
Trump's Positive Coronavirus Test Result Roils Financial Markets
Friday, October 02, 2020
Markets face a double whammy of bad news after the president's health upended an election heading into its final stretch and the September jobs report proved disappointing.
In Real Estate, Tax Credits And Loopholes Are Common
Monday, September 28, 2020
The U.S. tax code benefits the real estate industry in some key ways. It's one of the reasons why Donald Trump was able to pay little or no taxes for so many years.
'New York Times' Reports Trump Paid Little In Federal Income Taxes
Monday, September 28, 2020
The newspaper's probe reveals details about Donald Trump's federal tax filings, including reports that he paid just $750 in federal income taxes each of his first two years in the White House.
When Everybody's Working At Home And The Magic Is Gone
Thursday, September 24, 2020
Face-to-face contact has long been seen as crucial to workplace creativity. But what do you do when in-person collaboration could pose a serious health risk in the COVID-19 era?
JPMorgan Chase Recalls Some Employees Back To The Office
Wednesday, September 23, 2020
JPMorgan Chase has recalled some of its trading staff to the office. CEO Jamie Dimon says he thinks something is lost when everybody works from home. He calls it "creative combustion."
Stocks Plunge As Investors Become Less Optimistic About Economic Recovery
Monday, September 21, 2020
Stocks plunged Monday amid new worries about the strength of the economic rebound. There's also talk of a new coronavirus lockdown in Britain.