Chris Arnold

Chris Arnold appears in the following:

New 15-Year Mortgage May Open Homeownership Door For More Buyers

Friday, October 03, 2014

The 30-year mortgage is the foundation of the real estate market. But some advocates are proposing a new type of 15-year loan that would allow people to own more of their home more quickly.


The 'Bond King' Leaves His $2 Trillion Kingdom

Friday, September 26, 2014

Bill Gross built Pacific Investment Management Co., or PIMCO, into a $2 trillion powerhouse. But this week, he abruptly left, roiling the bond-investing world.


PIMCO's 'Bond King' Quits Amid Reports Of Erratic Behavior

Friday, September 26, 2014

Bill Gross built PIMCO into an investing powerhouse with more than $2 trillion dollars under its management. But there was trouble in the king's court in recent months.


Calpers Pulls Public Employee Pensions Out Of Hedge Funds

Tuesday, September 16, 2014

Calpers says the investment proved to be too complex and not worth the expenses.

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Many Homeowners Still Qualify For Mortgage Relief

Tuesday, August 26, 2014

A federal program known as HARP could save homeowners who qualify to refinance an average $200 a month. But many who hear about it are suspicious, says Federal Housing Finance Agency chief Mel Watt.


Should We Kill The $100 Bill?

Thursday, August 14, 2014

Nearly 80 percent of all the U.S. currency in the world is in $100 bills. But some people want to get rid of the bill altogether.


Some Public Pension Funds Making Big Bets On Hedge Funds

Friday, August 01, 2014

States and cities have been investing billions of pension money dollars in hedge funds. That's costing a lot of money in fees, and experts say the pensions don't have much to show for it.


In June Jobs Numbers, Signs For Optimism

Thursday, July 03, 2014

The job market improved in June, as employers added 288,000 workers to their payrolls and the unemployment rate fell to 6.1 percent. In another welcome development, the ranks of the long-term unemployed declined.


T-Mobile Accused Of Billing Customers With Bogus Fees

Wednesday, July 02, 2014

The Federal Trade Commission says the illegal charges were for premium services customers didn't order. T-Mobile says the suit is unfounded, and that it stopped billing for the services last year.


Housing Market Fake-Outs Stump Economists

Sunday, June 29, 2014

More than six years after the housing crash, the housing market may be better-than-dismal, but the slog back to normal is still disappointingly long and slow.


Sluggish Housing Market A Product Of Millions Of 'Missing Households'

Wednesday, June 18, 2014

Economists say there are more than 2 million "missing households" in the U.S. — young people who bunk with family or friends rather than buying their own home. New data suggest this trend continues.


SEC To Focus Oversight On High-Speed Trading

Friday, June 06, 2014

Head of the Securities and Exchange Commission Mary Jo White has unveiled a set of initiatives aimed at better oversight of Wall Street. The SEC is looking to step up regulation of high-speed trading.


GOP Demonizes Once Favored Cap-And-Trade Policy

Tuesday, June 03, 2014

Republicans say the EPA is going to kill jobs and raise electricity prices with new carbon emissions limits. They're up in arms about something their own party championed during GOP presidencies.


Russia, China Strike Gas Deal

Thursday, May 22, 2014

Russia and China have agreed on a deal that will send hundreds of billions of dollars of gas to China. The deal includes the construction of pipelines that will move the gas from Russian fields to Chinese cities. Construction will take at least four years.


Foreclosure Overhaul Comes Too Slowly For Many Homeowners

Tuesday, May 20, 2014

The biggest U.S. banks are still foreclosing on homeowners who qualify for new loans, according to a coalition of non-profits. That's despite settlements aimed at preventing unnecessary foreclosures.


Missing In The Housing Recovery: New Houses

Thursday, May 15, 2014

Even now, five years after the crash, homebuilding is stuck at half its normal level. And a hoped-for bounce after the harsh winter hasn't materialized. Some analysts blame higher mortgage rates.


Housing Regulator Has Big Plans In Store For Two Mortgage Titans

Tuesday, May 13, 2014

A top federal regulator for the U.S. housing market signaled some big changes for government-run mortgage giants Fannie Mae and Freddie Mac. The changes likely mean lending will be expanded.


Overhaul Bill Criticized For Ending Affordable Housing Goals

Monday, May 05, 2014

The Obama administration is trying to gain more support for a bipartisan bill to dramatically reshape the housing finance industry. Others say the bill would weaken affordable housing regulations.


Amid The Device Hype, This Startup Is Taking Wearables To Heart

Friday, May 02, 2014

There's a lot of money and attention going toward wearable devices, though the sophistication of the technology varies. One company is developing wearables with clusters of tiny high-tech senors.


Microsoft Releases Fix For Critical Internet Explorer Bug

Thursday, May 01, 2014

The Department of Homeland Security had told Americans to stop using the browser until a fix was issued.