Chris Arnold

Chris Arnold appears in the following:

Economists Examine Why The Housing Industry Continues To Lag

Thursday, May 28, 2015

Home prices are on the rise again. Overall though, with sales and new construction still at ho-hum levels, the recovering remains choppy at the national level and inconsistent from market to market.


Oil Prices Are Rising Again, But Will They Keep Going Up?

Wednesday, May 06, 2015

Oil hit a new high for the year โ€” closing at just under $61 a barrel. But some analysts say the global economic slowdown and the rise of alternative energy will mean less demand and lower prices.


15 Years After The Dot-Com Bust, A Nasdaq Record

Thursday, April 23, 2015

The Nasdaq has closed at a new high. It last peaked just before the dot-com crash, and "Nasdaq 5,000" soon became code for stock market bubble. Does the record hold any of the same warnings today?


Will New Retirement Rules Protect Americans From Wall Street?

Tuesday, April 21, 2015

Proposed federal rules are designed to make sure that financial advisers put their clients' interests ahead of their own. But experts worry that loopholes may weaken those consumer protections.


General Electric To Sell Majority Of Finance Arm, Real Estate Holdings

Friday, April 10, 2015

The sprawling conglomerate General Electric is radically paring down its business, ditching most finance and real estate operations.


With Discounts For Healthy Behavior, John Hancock Courts Privacy Concerns

Wednesday, April 08, 2015

John Hancock announced a new program promising discounts for policyholders who wear a fitness tracker, exercise more and go to the doctor. But privacy advocates worry about the electronic monitoring.


While Pay Holds Steady For Most, Low-Wage Workers Get A Boost

Friday, April 03, 2015

Some big U.S. employers are giving their lowest-paid employees a raise. That's helped make low-wage workers one of the few segments of the workforce seeing an increase in pay.


With So Much Oil Flowing, U.S. May Be Reaching Storage Limits

Monday, March 30, 2015

Amid record production, some analysts worry the U.S. will run out of places to put it all. One says lack of storage space could drive oil down to around $20 a barrel, less than half the current price.


A Nuclear Deal With Iran Could Increase Global Oil Glut

Wednesday, March 18, 2015

The price of oil has plummeted as a glut of crude sits idle in tankers and in storage. And more oil could be on the way if a nuclear deal removes the caps on Iranian oil exports.


Credit Rating Agencies Agree To Change Process For Reporting Errors

Monday, March 09, 2015

The three major credit rating agencies reached an agreement with New York Attorney General Eric Schneiderman on Monday to change the way they handle errors on credit reports.


White House Move To Protect Nest Eggs Sparks Hopes And Fears

Friday, February 27, 2015

The Labor Department will draft new rules requiring retirement advisers to put consumers' best interests first. The industry warns that low-income people might lose out on financial planning advice.


Reining In Financial Advisers May Help โ€” But Americans Still Aren't Saving

Monday, February 23, 2015

The White House is concerned Americans are losing billions of dollars to advisers who aren't acting in their interest. But the problem with retirement saving goes far beyond fees.

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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.


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.


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.


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.


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.


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.


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.


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.