Chris Arnold

Chris Arnold appears in the following:

Bernanke's Comments Lift Stocks To Record Highs

Thursday, July 11, 2013

Stocks surged Thursday after the chief of the Federal Reserve sent signals that the central bank wasn't in a hurry to stop helping the economy. When the markets closed, the Standard & Poor's 500 Index was at a record high. Other U.S. indexes were also up, including the Dow ...

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Morale Takes A Hit At Beleaguered Fannie, Freddie

Wednesday, June 27, 2012

Mortgage giants Fannie Mae and Freddie Mac have been vilified for their role in the housing collapse. Key employees have left as morale has plummeted. But the two organizations are ke...

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The Market's Finally Looking Up: Will It Last?

Friday, March 16, 2012

The stock market hit some major milestones this week: The Standard & Poor's 500 index reached its highest level in more than three years and the Nasdaq rose to its highest level in 11...

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Freddie Mac Betting Against Struggling Homeowners

Monday, January 30, 2012

Freddie Mac, a taxpayer-owned mortgage company, is supposed to make homeownership easier. One thing that makes owning a home more affordable is getting a cheaper mortgage.

But Freddie Mac has invested billions of dollars betting that U.S. homeowners won't be able to refinance their mortgages at today's lower rates, according ...

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Housing Market Stuck Despite Low Prices, Rates

Monday, October 17, 2011

One reason for the continued gloom: It's too hard for many people to qualify for the low rates. But a new program the Obama administration is considering could help millions save an a...

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East Coast Starts To Add Up Irene's Economic Blow

Monday, August 29, 2011

It's still early to make exact pronouncements about how much damage Irene caused, and President Obama says the cleanup in many areas will be tough. But overall, the storm appears to h...

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