Chris Arnold

Chris Arnold appears in the following:

One More Speed Bump For Your Retirement Fund: Basic Human Impulse

Thursday, April 03, 2014

Basic human impulses often conflict with saving for retirement. For one thing, people hate losing something — even more than we love winning. Behavioral economists call this "loss aversion."


Big Thinkers Discuss How To Prevent Next Financial Crisis

Tuesday, April 01, 2014

Bankers, regulators and politicians met in Boston to discuss the future of the financial system. At issue: Why did regulators fail to prevent the crisis that pushed the country into recession?


How Russia's Annexation Of Crimea Could Hurt Its Economy

Wednesday, March 26, 2014

President Vladimir Putin's swift move to annex Crimea has been popular among many Russians. But when it comes to Russia's economy, many analysts think the country's prospects are looking weaker.


Report: Most Americans Not Putting Enough Away For Retirement

Tuesday, March 18, 2014

The stock market surge has given a lift to many retirement portfolios. But a new report finds that most Americans haven't saved nearly enough for the kind of retirement they expect.


Bipartisan Plan Reached On Fannie-Freddie Overhaul

Wednesday, March 12, 2014

Details will be out this week for a measure to phase out Fannie Mae and Freddie Mac. The plan is to use private insurers to backstop home loans instead of the government-controlled mortgage giants.


Signs Point To A Slowing U.S. Housing Market

Monday, March 10, 2014

After rising sharply in 2013, home prices in many areas are leveling off. An interesting and worrisome development for most Americans because their home is often their most valuable asset.


Severe Weather Socks The Economy, But Full Impact Is Unclear

Tuesday, March 04, 2014

Economists say the unusually severe winter weather across the U.S. has cost billions of dollars and curtailed job growth. Some sectors of the economy will likely bounce back more than others.


With Housing Recovery, Mortgage-Market Jobs Dip

Sunday, March 02, 2014

There are signs that the housing recovery may be slowing, and are now at their lowest point in 18 months. Does that mean we are headed for another housing swoon?


Many Flights Canceled, But Fewer Fliers Stranded On Tarmac

Thursday, February 13, 2014

A fliers' revolt on Valentine's Day in 2007 led to stiff fines against airlines that kept passengers waiting for too long. The delays still happen, but new technology and better planning are making them less inconvenient.


January Job Growth Disappoints, But Unemployment Drops

Saturday, February 08, 2014

The U.S. added just 113,000 jobs in January, instead of the 180,000 analysts had predicted. Despite the anemic gains, the unemployment rate inched down to 6.6 percent, the lowest level since October 2008.


December Jobs Report Has Analysts Flummoxed

Saturday, January 11, 2014

The U.S. economy gained just 74,000 jobs in December, according to a disappointing report released by the Labor Department on Friday. Economists had been expecting nearly three times as many jobs. At the same time, the unemployment rate fell slightly, to 6.7 percent. It's not that more jobs were created, though — many of the long-term unemployed just stopped looking.


Pressure Mounts On Fast-Food Industry To Pay Workers More

Thursday, December 05, 2013

Workers and advocates for higher minimum wages will be staging protests at fast-food restaurants and major retailers on Thursday. They want these companies to significantly raise the wages for their lowest paid workers. So what would happen, if for example, McDonald's raised its lowest wage to $15 an hour? In some cases, that would double the pay workers get now.


What Happens When The Pace Of Startups Slows Down

Thursday, October 31, 2013

New businesses normally create many of the new jobs in the American economy. But since the financial crisis, the pace of business formation has slowed sharply. Some economists worry that with fewer companies forming for five years now, that's going to stunt job growth for years to come.


Jury Finds Bank Of America Liable For Mortgages Fraud

Thursday, October 24, 2013

A jury has found Bank of America liable for fraud for shoddy mortgages sold by its Countrywide unit. The rare win by the government in a jury trial against a financial institution could open the door to more lawsuits against banks.


Shutdown-Delayed Jobs Report To Be Released

Tuesday, October 22, 2013

On Tuesday, the Labor Department will release the monthly jobs report — more than two weeks later than usual. The September report was delayed by the government shutdown.


What To Know About The Tentative JPMorgan Deal

Monday, October 21, 2013

JPMorgan has reached a tentative $13 billion settlement with the Department of Justice over its questionable mortgage practices leading up to the U.S. financial crisis. Renee Montagne talks to NPR business correspondent Chris Arnold about what's known so far about the terms of the deal.


A Check On The Housing Industry

Thursday, September 12, 2013

Millions of American homeowners are underwater — that is they owe more than their house is worth. That number though is falling as home prices rise, and as more houses get foreclosed on.


Unemployment Rate Shrinks As Fewer People Look For Work

Friday, September 06, 2013

Job growth fell short of expectations in August. Employers added only 169,000 jobs to payrolls, and gains for June and July were revised downward. The question is whether the mediocre job growth of recent months is troubling enough to convince the Federal Reserve to delay its plans to dial back its stimulus of the economy.


Rates Come Down On Jumbo Mortgage Loans

Friday, September 06, 2013

The interest rate on jumbo mortgages — those that exceed a government-set cap of $417,000 — has fallen below the rate for traditional loans. Mortgage industry observers say it's the first time this has happened.


Fast Food Workers, Activists Protest For Higher Wages

Thursday, August 29, 2013

The fast food industry has become the focal point in the drive by organized labor and its supporters for so-called living wage laws. Union members and activist groups staged another round of protests Thursday at restaurants and retail stores, calling for a minimum wage of $15 an hour. How are the protestors playing with consumers and what would happen to workers and the industry if organizers achieved their goal?