Chris Arnold appears in the following:
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.
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.
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.
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.
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.
Tuesday, September 16, 2014
Calpers says the investment proved to be too complex and not worth the expenses.
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.
Thursday, August 14, 2014
Nearly 80 percent of all the U.S. currency in the world is in $100 bills. But some people want to get rid of the bill altogether.
Friday, August 01, 2014
States and cities have been investing billions of pension money dollars in hedge funds. That's costing a lot of money in fees, and experts say the pensions don't have much to show for it.
Thursday, July 03, 2014
The job market improved in June, as employers added 288,000 workers to their payrolls and the unemployment rate fell to 6.1 percent. In another welcome development, the ranks of the long-term unemployed declined.
Wednesday, July 02, 2014
The Federal Trade Commission says the illegal charges were for premium services customers didn't order. T-Mobile says the suit is unfounded, and that it stopped billing for the services last year.
Sunday, June 29, 2014
More than six years after the housing crash, the housing market may be better-than-dismal, but the slog back to normal is still disappointingly long and slow.
Wednesday, June 18, 2014
Economists say there are more than 2 million "missing households" in the U.S. — young people who bunk with family or friends rather than buying their own home. New data suggest this trend continues.
Friday, June 06, 2014
Head of the Securities and Exchange Commission Mary Jo White has unveiled a set of initiatives aimed at better oversight of Wall Street. The SEC is looking to step up regulation of high-speed trading.
Tuesday, June 03, 2014
Republicans say the EPA is going to kill jobs and raise electricity prices with new carbon emissions limits. They're up in arms about something their own party championed during GOP presidencies.
Thursday, May 22, 2014
Russia and China have agreed on a deal that will send hundreds of billions of dollars of gas to China. The deal includes the construction of pipelines that will move the gas from Russian fields to Chinese cities. Construction will take at least four years.
Tuesday, May 20, 2014
The biggest U.S. banks are still foreclosing on homeowners who qualify for new loans, according to a coalition of non-profits. That's despite settlements aimed at preventing unnecessary foreclosures.
Thursday, May 15, 2014
Even now, five years after the crash, homebuilding is stuck at half its normal level. And a hoped-for bounce after the harsh winter hasn't materialized. Some analysts blame higher mortgage rates.
Tuesday, May 13, 2014
A top federal regulator for the U.S. housing market signaled some big changes for government-run mortgage giants Fannie Mae and Freddie Mac. The changes likely mean lending will be expanded.
Monday, May 05, 2014
The Obama administration is trying to gain more support for a bipartisan bill to dramatically reshape the housing finance industry. Others say the bill would weaken affordable housing regulations.