Streams

Chris Arnold

Chris Arnold appears in the following:

White House Moves To Protect Investors From Bad Retirement Advice

Monday, February 23, 2015

The White House says President Obama on Monday will direct the Department of Labor to craft new rules to require financial advisers to put their clients' interests ahead of their own.

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Despite Recovery, Many Find Home Loans Still Hard To Get

Tuesday, February 17, 2015

The housing market and the economy are both well on their way back from the Great Recession. But housing advocates say banks, stung by the housing crisis and its fallout, remain reluctant to lend.

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Record Snow Cripples Boston's Subway System

Thursday, February 12, 2015

The lives of Boston commuters have been upended by a string of major snowstorms. One reason for their troubles is a subway system that largely runs on outdated electrical systems.

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Senator 'Astounded' That Nonprofit Hospitals Sue Poorest Patients

Thursday, January 22, 2015

NPR and ProPublica have been reporting about nonprofit hospitals that seize the wages of lower-income patients. Sen. Chuck Grassley says hospitals doing that could be breaking the law.

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Consumer Agency Launches Tool To Help You Find A Cheaper Mortgage

Tuesday, January 13, 2015

For many Americans, buying a house is the biggest financial transaction of their lives, but a new federal report says half of buyers don't shop around for a better interest rate on their mortgage.

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Employment Is Up. Paychecks, Not So Much

Saturday, January 10, 2015

Hopes that wages may finally be solidly on the rise were dashed in Friday's jobs report. While employers added 252,000 new jobs, average hourly earnings actually dipped.

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Lower Gas Prices Add Fuel To U.S. Economic Recovery

Wednesday, December 24, 2014

The average American is seeing a much bigger boost from falling gas prices than from pay raises. Cheap energy could finally put the U.S. economic recovery over the top.

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Government Sells Last Major Stake In A Bank Post-Financial Crisis

Friday, December 19, 2014

The government has sold its stake in Ally Financial, the last major bank that was involved in the TARP bailout program.

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When Nonprofit Hospitals Sue Their Poorest Patients

Friday, December 19, 2014

In exchange for tax breaks, nonprofit hospitals provide assistance to poor patients. But some hospitals seize wages from poor patients with unpaid bills — even those who qualify for reduced-cost care.

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Mortgage Giants Ease Down Payments For First-Time Homebuyers

Friday, December 12, 2014

Fannie Mae and Freddie Mac will begin allowing first-time homebuyers to put down as little as 3 percent. But critics say the move is risky and could create another housing crisis.

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For More Local Turkeys To Hit Holiday Tables, You Need An Abattoir

Tuesday, November 25, 2014

Demand for locally raised birds is growing faster than small farms can keep pace with. One New England farmer is making a bold move to get more gobblers to the table.

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Firm Accused Of Illegal Practices That Push Families Into Foreclosure

Tuesday, November 18, 2014

A class action lawsuit alleges Ocwen Financial, one of the nation's largest mortgage servicers, charges marked-up and illegal fees. The firm says it will vigorously defend itself against the claims.

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Doctor Shortage Looming? Maybe Not

Tuesday, November 18, 2014

Physicians have been warning for years about a coming shortage of primary care doctors. But others say primary care teams that include other types of health workers might fill the gap better.

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Sustained Lower Gas Prices Could Drive Economic Growth

Friday, October 17, 2014

Gas prices are plunging and before it's all over, some experts say Americans will be paying a $1 a gallon less than a few months ago. That could mean $1,000 more per household in extra spending money.

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U.S. Gas Prices Continue To Slide Downward

Friday, October 10, 2014

On Friday, the price for benchmark crude oil in the U.S. fell below $85 a barrel. Oil production is outstripping demand by a wide margin and analysts say that situation may continue for a while.

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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.

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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.

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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.

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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.

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