Chris Arnold

Chris Arnold appears in the following:

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.


Why Is It So Hard To Save? U.K. Shows It Doesn't Have To Be

Friday, October 23, 2015

Millions of workers in the U.K. who thought they couldn't afford it are saving thanks to a law that automatically enrolls them in a retirement plan. It tricks their brains into doing the right thing.


The George Washington Of Investing Wants You For The Revolution

Wednesday, October 21, 2015

Investor Jack Bogle is leading a populist revolution on Wall Street. He wants everyday Americans to make a lot more money in the stock market and give less of their returns away to financial firms.


Is Wall Street Eating Your 401(k) Nest Egg?

Monday, October 19, 2015

High fees are eroding the retirement savings of millions of Americans, but employers who shop around can find better options for their 401(k) plans. A small Minnesota firm offers a dramatic example.


Three Investment Gurus Share Their Model Portfolios

Saturday, October 17, 2015

How do some of the most respected investors on the planet think Americans should be investing their money? NPR talked to three about what a retirement portfolio should look like.


Feds May Order Financial Firms To Allow Class Action Lawsuits

Wednesday, October 07, 2015

The Consumer Financial Protection Bureau is considering a rule that would prohibit consumer credit firms from requiring customers to sign away their right to sue.


New Federal Rules Aim To Protect Homeowners By Changing Mortgage Application

Friday, October 02, 2015

New federally mandated rules for mortgages go into effect at the end of this week. The goal: to keep people from getting pressured into signing bad loans or getting bait-and-switched when they go to close on their home loan.


Will 'Disappointing' Jobs Report Affect Fed's Course On Interest Rates?

Friday, October 02, 2015

The Labor Department says employers added 142,000 jobs last month, and hiring in July and August was revised lower. The jobless rate remained 5.1 percent as more Americans stopped looking for work.


Volkswagen CEO Resigns Amid Emissions Cheating Scandal

Wednesday, September 23, 2015

Volkswagen CEO Martin Winterkorn abruptly resigned Wednesday, a few days after the company admitted it had rigged its diesel engine cars to pass emissions tests. The company faces mul...


Federal Reserve Faces Fork In The Road Over Interest Rates

Tuesday, September 15, 2015

This week, the Fed may raise a key interest rate for the first time since 2006. By keeping interest rates near zero for so long, the Fed may have prevented the ultimate financial catastrophe.


Will The Fed Raise Rates, Or Keep The (Little) Economic Party Going?

Saturday, September 05, 2015

Friday's decent but unspectacular jobs report didn't answer the question of whether the Fed is about to raise interest rates. But even if the Fed finally takes the plunge, it will do so very gradually.


Mixed Jobs Report Adds Uncertainty To Fed Interest Rate Debate

Friday, September 04, 2015

The August jobs report boosted uncertainty about the Federal Reserve plan to raise interest rates. Employers added 173,000 jobs — fewer than expected — but the unemployment rate fell to 5.1 percent.


Boeing Case Is Latest Targeting 401(k) Plans With Excessive Fees

Thursday, August 27, 2015

The aerospace giant is moving to settle a suit accusing it of mishandling its plan. The case is part of a legal assault by an attorney to stop firms from offering workers high-cost retirement plans.


Investors' Biggest Enemy Could Be Their Natural Instincts

Wednesday, August 26, 2015

Panicked selling after stocks have already crashed in value is a lousy investment strategy. But our human brains send us all kinds of bad impulses when it comes to investing.


Economists Divided Over Interest Rate Hike Amid Market Turmoil

Monday, August 24, 2015

With stocks plummeting around the world, the Federal Reserve has a monumental decision to make about interest rates at its September meeting. Some Fed watchers say it won't dare raise...


Stocks Fall; Dow Down 10 Percent Since May

Saturday, August 22, 2015

Stock markets around the world plunged this week as investors absorbed more evidence that China's economy is slowing. In the US, the Dow suffered its worst week since 2011.