Chris Arnold

Chris Arnold appears in the following:

White House To Financial Advisers: Put Savers' Interests First

Wednesday, April 06, 2016

The White House on Wednesday rolled out rules to force financial advisers to take on fiduciary duties. That means they must put savers' interests ahead of fees. Critics say the rules are too complex.


Obama Administration Wants Savers To Keep More Of Their Retirement Money

Wednesday, April 06, 2016

The Labor Department unveils a rule imposing limits on how financial advisers and brokers may offer advice to people saving for retirement. The rule changes how these advisers can earn commissions.


U.S. Economy Added 215,000 Jobs, Unemployment Rose To 5 Percent In March

Friday, April 01, 2016

March was another month of solid hiring for U.S. employers with payrolls increasing by 215,000. The unemployment rate actually ticked up a notch last month, but that was because all the hiring drew people off of the sidelines and back into the workforce. When that happens the unemployment rate can go up because there are more people looking for work.


How To Keep Money From Messing Up Your Marriage

Tuesday, March 08, 2016

Finances are among the things most likely to cause discord in a relationship, whether you're just starting out or have been together for years. Here are some ways to avoid common conflicts.


Why Cheap Gas Might Not Be Good For The U.S. Economy

Thursday, January 28, 2016

A drop in global oil prices saved U.S. drivers $100 billion last year. Good news, right? Not so, say some economists. The energy industry is now so big that cheap oil may actually hurt the economy.


As Oil Plummets, Cheap Jet Fuel Means Better Travel Deals

Wednesday, January 20, 2016

Cheap oil doesn't just mean cheaper gas prices; it also means cheaper jet fuel. That's led to a big drop in airfares. It's good news for travelers — and for airlines, which have struggled for years.


U.S. Treasury Cracks Down On Luxury-Home Money Laundering

Wednesday, January 13, 2016

The feds are trying to make it harder for criminals to turn ill-gotten gains into clean cash by anonymously investing in expensive real estate, then selling and walking off with the money.


A Historic Start: Economic Ups And Downs

Saturday, January 09, 2016

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Can The Best Financial Tips Fit On An Index Card?

Friday, January 08, 2016

Yes, according to an economist who wrote a blog post that went viral in 2013. Now he has expanded the basics in a book, The Index Card.


Economists Critical Of Less Being Spent On Economic Data Gathering

Tuesday, January 05, 2016

The Commerce Department has revised a decade's worth of data on construction spending. Some economists say a much bigger mistake is the government's decision to spend less on gathering economic data.


Tax Breaks, Falling Costs Are Boosting Wind And Solar

Tuesday, December 29, 2015

Congress has extended tax credits for clean energy as part of a $1.8 trillion spending bill. Solar and wind power companies say it will catapult the industry at a time when costs are already falling.


As Expected, Federal Reserve Raises Short-Term Interest Rates

Thursday, December 17, 2015

Going forward, the Fed will be trying to perform a delicate balancing act: getting interest rates back into more normal territory without hitting the brakes on the still recovering economy.


Will A Fed Interest Rate Hike Slow The Housing Recovery?

Tuesday, December 15, 2015

Many construction companies are still recovering from the housing crash, and while buyers don't seem pressured by a looming Federal Reserve decision, higher rates would make mortgages less affordable.


Lobbyists Eye Spending Bill As A Way To Thwart Retirement Regs, Advocates Warn

Wednesday, December 09, 2015

As lawmakers work to negotiate a government spending bill, the financial industry is lobbying against a rule being crafted by the Labor Department aimed at protecting workers with retirement accounts.


An LLC? It Gives Facebook Founder More Freedom To Meet Philanthropic Goals

Thursday, December 03, 2015

Creating a for-profit company to manage his $45 billion pledge means Mark Zuckerberg is giving himself flexibility in deciding the best way of tackling the social issues he cares about.


Critics Wonder Whether Pennies Make Sense Anymore

Thursday, November 26, 2015

Treasury Secretary Jack Lew says the government is reviewing a proposal to stop making the penny. It actually costs nearly 2 cents to make a penny, so the government loses money.


When Fees Attack: Rolling Over A 401(k) Can Trigger Big-Time Charges

Friday, November 20, 2015

One of the moments our retirement nest eggs are most vulnerable is when we change jobs. That's when some financial advisers charge fees to roll them over — and those fees can be hard to see.


How Do You Start Saving? Your Tax Refund May Be The Answer

Friday, November 13, 2015

Participating in a 401(k) with automatic deductions makes it fairly easy to put away money. But what can you do if your employer doesn't offer a retirement plan? Experts share tips on going it alone.


Confused Over How To Save For College? Here Are Answers

Friday, November 06, 2015

For the vast majority of people, says one expert, it's good to save in a 529 plan. And no, saving money in one of those plans doesn't mean you'll pay a lot more for college tuition.


When High Fees Stink Up Your 401(k), What Can You Do?

Friday, October 30, 2015

Many Americans with 401(k) plans don't know if they're paying any fees. Pay too much, and it could take a chunk out of your nest egg. If your plan's too costly, complain to your employer, experts say.