Chris Arnold

Chris Arnold appears in the following:

Feds May Order Financial Firms To Allow Class Action Lawsuits

Wednesday, October 07, 2015

The Consumer Financial Protection Bureau is considering a rule that would prohibit consumer credit firms from requiring customers to sign away their right to sue.


New Federal Rules Aim To Protect Homeowners By Changing Mortgage Application

Friday, October 02, 2015

New federally mandated rules for mortgages go into effect at the end of this week. The goal: to keep people from getting pressured into signing bad loans or getting bait-and-switched when they go to close on their home loan.


Will 'Disappointing' Jobs Report Affect Fed's Course On Interest Rates?

Friday, October 02, 2015

The Labor Department says employers added 142,000 jobs last month, and hiring in July and August was revised lower. The jobless rate remained 5.1 percent as more Americans stopped looking for work.


Volkswagen CEO Resigns Amid Emissions Cheating Scandal

Wednesday, September 23, 2015

Volkswagen CEO Martin Winterkorn abruptly resigned Wednesday, a few days after the company admitted it had rigged its diesel engine cars to pass emissions tests. The company faces multiple investigations and possibly billions of dollars in fines.


Federal Reserve Faces Fork In The Road Over Interest Rates

Tuesday, September 15, 2015

This week, the Fed may raise a key interest rate for the first time since 2006. By keeping interest rates near zero for so long, the Fed may have prevented the ultimate financial catastrophe.


Will The Fed Raise Rates, Or Keep The (Little) Economic Party Going?

Saturday, September 05, 2015

Friday's decent but unspectacular jobs report didn't answer the question of whether the Fed is about to raise interest rates. But even if the Fed finally takes the plunge, it will do so very gradually.


Mixed Jobs Report Adds Uncertainty To Fed Interest Rate Debate

Friday, September 04, 2015

The August jobs report boosted uncertainty about the Federal Reserve plan to raise interest rates. Employers added 173,000 jobs โ€” fewer than expected โ€” but the unemployment rate fell to 5.1 percent.


Boeing Case Is Latest Targeting 401(k) Plans With Excessive Fees

Thursday, August 27, 2015

The aerospace giant is moving to settle a suit accusing it of mishandling its plan. The case is part of a legal assault by an attorney to stop firms from offering workers high-cost retirement plans.


Investors' Biggest Enemy Could Be Their Natural Instincts

Wednesday, August 26, 2015

Panicked selling after stocks have already crashed in value is a lousy investment strategy. But our human brains send us all kinds of bad impulses when it comes to investing.


Economists Divided Over Interest Rate Hike Amid Market Turmoil

Monday, August 24, 2015

With stocks plummeting around the world, the Federal Reserve has a monumental decision to make about interest rates at its September meeting. Some Fed watchers say it won't dare raise rates for fear of adding to jitters about a global slowdown. But others say abandoning plans to raise rates this year would send an even worse signal.


Stocks Fall; Dow Down 10 Percent Since May

Saturday, August 22, 2015

Stock markets around the world plunged this week as investors absorbed more evidence that China's economy is slowing. In the US, the Dow suffered its worst week since 2011.


To Get Big-Rig Drivers, Senate Bill Would Give Keys To Teens

Friday, July 31, 2015

Some trucking companies are having trouble finding enough interstate drivers. They say cutting the minimum driving age from 21 to 18 is a fix, but critics worry such a move would be a safety disaster.


The Financial Times, A Newspaper Success Story, Is Sold For $1.3 Billion

Friday, July 24, 2015

One of the world's oldest and most famous newspapers is changing hands. The Financial Times, based in London, will be sold to Nikkei Inc. of Japan for $1.3 billion dollars.


With Greece Facing Economic Abyss, What Will EU Leaders Do?

Tuesday, July 07, 2015

The result of Sunday's Greek referendum was a resounding "no" to plans for more austerity as a way out of the country's debt crisis. European leaders meet Tuesday to resume talks on a rescue package.


Despite Uncertainty, Greeks Show Pride In Rejecting Bailout Plan

Monday, July 06, 2015

Greeks in Athens react to the resounding no vote on a bailout plan. Many are proud to have poked Europe in the eye after years of austerity, but the banks remain closed, hurting many local businesses.


After Rejecting Bailout Plan, Greece's Economic Future Is 'Invisible'

Sunday, July 05, 2015

Greek voters turned down a bailout offer from European leaders on Sunday. Both before and after the votes were counted, Greeks were divided over how the outcome would affect the country's future.


In Crucial Referendum, Greeks Reject Bailout Proposal

Sunday, July 05, 2015

Greeks voted Sunday in a referendum that could decide whether the country stays in the eurozone. NPR's Chris Arnold talks about the decisive vote against an austerity package from European leaders.


Historic Vote May Determine Whether Greece Remains In The Eurozone

Wednesday, July 01, 2015

Greek voters on Sunday face a referendum on further austerity measures in exchange for bailouts. But the unstated question is whether Greece should give up the euro.


Federal Reserve Delays Hike Of Low Interest Rates

Wednesday, June 17, 2015

After a two-day meeting with policymakers adjourned Wednesday, Federal Reserve Chair Janet Yellen said the economy is moving in the right direction but continues to recover.


America's Next Economic Boom Could Be Lying Underground

Thursday, June 11, 2015

When it comes to improving the standard of living for Americans, the middle class could use some help. One Harvard economist says the help is underground, in the form of oil and natural gas.