Chris Arnold

Chris Arnold appears in the following:

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.

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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.

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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.

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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.

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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.

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Reining In Financial Advisers May Help — 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.

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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.

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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.

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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.

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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.

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Employment Is Up. Paychecks, Not So Much

Saturday, January 10, 2015

The U.S. economy saw the strongest job growth last year since 1999, according to statistics released Friday by the Department of Labor. The country gained another 252,000 jobs in December.

That's the good news — but this jobs report also dashed some hopes for fatter paychecks. Employers are hiring more ...

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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.

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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.

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When Nonprofit Hospitals Sue Their Poorest Patients

Friday, December 19, 2014

In exchange for tax breaks, nonprofit hospitals provide assistance to poor patients. But some hospitals seize wages from poor patients with unpaid bills — even those who qualify for reduced-cost care.

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Mortgage Giants Ease Down Payments For First-Time Homebuyers

Friday, December 12, 2014

Fannie Mae and Freddie Mac will begin allowing first-time homebuyers to put down as little as 3 percent. But critics say the move is risky and could create another housing crisis.

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For More Local Turkeys To Hit Holiday Tables, You Need An Abattoir

Tuesday, November 25, 2014

Demand for locally raised birds is growing faster than small farms can keep pace with. One New England farmer is making a bold move to get more gobblers to the table.

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Firm Accused Of Illegal Practices That Push Families Into Foreclosure

Tuesday, November 18, 2014

A class action lawsuit alleges Ocwen Financial, one of the nation's largest mortgage servicers, charges marked-up and illegal fees. The firm says it will vigorously defend itself against the claims.

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Doctor Shortage Looming? Maybe Not

Tuesday, November 18, 2014

Physicians have been warning for years about a coming shortage of primary care doctors. But others say primary care teams that include other types of health workers might fill the gap better.

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Sustained Lower Gas Prices Could Drive Economic Growth

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.

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