Chris Arnold
Chris Arnold appears in the following:
May Jobs Report Is Much Worse Than Expected
Friday, June 01, 2012
The Labor Department said the U.S. economy added 69,000 jobs last month — far fewer than analysts expected. The unemployment rate also rose to 8.2 percent, up from 8.1 percent in April. The monthly jobs report is an important weather vane for anyone trying to get a bead on which way the economic winds are blowing.
Outlook For Housing Industry Appears Promising
Thursday, May 24, 2012
The latest reports show that both new and existing home sales are up. What's spurring the improvement, and can it last? Not all economists, however, are optimistic.
The Market's Finally Looking Up: Will It Last?
Friday, March 16, 2012
The stock market hit some major milestones this week: The Standard & Poor's 500 index reached its highest level in more than three years and the Nasdaq rose to its highest level in 11 years. Still, the Federal Reserve has been warning not to get too excited about where the economy is headed next.
Freddie Mac Betting Against Struggling Homeowners
Monday, January 30, 2012
Freddie Mac has invested billions of dollars betting that U.S. homeowners won't be able to refinance their mortgages at today's lower rates, according to an investigation by NPR and ProPublica.
Housing Market Stuck Despite Low Prices, Rates
Monday, October 17, 2011
One reason for the continued gloom: It's too hard for many people to qualify for the low rates. But a new program the Obama administration is considering could help millions save an average of $2,000 a year through refinancing.
East Coast Starts To Add Up Irene's Economic Blow
Monday, August 29, 2011
It's still early to make exact pronouncements about how much damage Irene caused, and President Obama says the cleanup in many areas will be tough. But overall, the storm appears to have caused much less damage than forecasters said was possible.
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