He graduated from Phillips Academy, and from Yale University in 2002, and he was managing editor of the Yale Daily News. He interned at The New York Observer and The Miami Herald. He is married and lived in Boston, and worked in Brussels. He now works in London for the Journal, where he covers financial markets, working alongside David Enrich.
Forelle and four other WSJ staff members personally received the newspaper's 2007 Pulitzer Prize citing "creative and comprehensive probe into backdated stock options for business executives that triggered investigations, the ouster of top officials and widespread change in corporate America." The lead articles in the series submitted for the prize were published March 18, 2006; Forelle wrote one ("How the Journal Analyzed Stock-Option Grants"); he and James Bandler wrote the other ("The Perfect Payday").
- 2007 Michael Kelly Award finalist 
- 2007 Pulitzer Prize for Public Service
- Philip Meyer Award for Precision Journalism
- 2006 George Polk Award for business reporting
- National Headliner Award for business news coverage
- Gilbert and Ursula Farfel Prize for Investigative Journalism
- Goldsmith Prize for Investigative Reporting
- SABEW (Society of American Business Editors and Writers)
- Business Journalist of the Year.
- The Bob Consdidine award (Overseas Press Club of America) for Best newspaper or news service interpretation of international affairs
- "WSJ search: Charles Forelle". The Wall Street Journal. Retrieved 2010-08-27.
- "Journalist of Distinction - 30 Under 30". NewsBios (newsbios.com). 2007. Retrieved 2010-08-27. NewsBios 30 Under 30 Awards, recognizing "up-and-coming business journalists under the age of 30".
- "Charles Forelle Wins Pulitzer: Former Phillipian News Editor Uncovers Stock Option Scandal". The Phillipian. April 20, 2007. Retrieved 2010-08-27.[dead link]
- Kanya Balakrishna (April 20, 2007). "Eli uses math degree to win a Pulitzer". Yale Daily News. Retrieved 2010-08-27.
- "The 2007 Pulitzer Prize Winners: Public Service". The Pulitzer Prizes. Retrieved 2013-11-04. With reprints of 19 works (WSJ articles March 18 to December 31, 2006).
- "The Michael Kelly Award". Kellyaward.com. Retrieved 2010-08-27.
- Charles Forelle and James Bandler (October 12, 2006). "As Companies Probe Backdating, More Top Officials Take a Fall". The Wall Street Journal. Retrieved 2010-08-27. Reprint at The Pulitzer Prizes (pulitzer.org).
- "Two Pulitzer Prizes For the Wall Street Journal". WebWire (webwire.com). April 16, 2007. Retrieved 2010-08-27.