Chris Arnold

NPR correspondent Chris Arnold is based in Boston. His reports are heard regularly on NPR's award-winning newsmagazines Morning Edition, All Things Considered, and Weekend Edition. He joined NPR in 1996, and was based in San Francisco before moving to Boston in 2001.

Arnold is spending the academic year of 2012 - 2013 as a Nieman Fellow at Harvard University. He will join a small group of other journalists from the U.S. and around the world for this highly respected journalism fellowship. Arnold will be studying, among other things, the future of home ownership in America.

Since 2006, Arnold has spent much of his time reporting on the financial crisis and its aftermath. He has focused on the housing bubble and its collapse. And he's reported on problems within the nation's largest banks that have led to the banks improperly foreclosing on thousands of American homeowners. For this work, Arnold earned a 2011 Edward R. Murrow Award for the special series, "The Foreclosure Nightmare." He's also been honored with the Newspaper Guild's 2009 Heywood Broun Award for broadcast journalism. He was chosen by the Scripps Howard Foundation as a finalist for their National Journalism Award, and he won an Excellence in Financial Journalism Award from N.Y. State's society for CPA's.

Arnold has also recently focused on the now government owned mortgage giants Fannie Mae and Freddie Mac. In a series of stories in partnership with reporter Jesse Eisinger at ProPublica, Arnold exposed investments at Freddie Mac that raised serious concerns about a conflict of interest between Fannie and Freddie's massive investment portfolios, and their mission to make homeownership more affordable. The stories generated widespread attention, and led to calls for an investigation by members of Congress.

Arnold has covered a range of other subjects and stories for NPR – from Katrina recovery in New Orleans and the Gulf Coast, to immigrant workers in the fishing industry, to a new kind of table saw that won't cut your fingers off. He traveled to Turin, Italy, for NPR's coverage of the 2006 Winter Olympics. He has also followed the dramatic rise in the numbers of teenagers abusing the powerful and highly addictive painkiller Oxycontin – more than 1 out of 20 high school seniors report using the drug.

In the days and months following the Sept. 11, 2001, attacks, Arnold reported from New York and contributed to the NPR coverage that won the Overseas Press Club and the George Foster Peabody Awards. He chronicled the recovery effort at Ground Zero, focusing on members of the Port Authority Police department, as they struggled with the deaths of 37 officers - the greatest loss of any police department in U.S. history. Arnold followed the lives of those who lived and worked around Ground Zero - from bond traders and Chinatown garment sewers to small business owners - as they sought to put their lives back together again.

Prior to his move to Boston, Arnold traveled the country for NPR doing feature stories on entrepreneurship. His pieces covered technologists, farmers, and family business owners. He also reported on efforts to kindle entrepreneurship in economically disadvantaged areas ranging from inner-city Los Angeles to the Pine Ridge Indian reservation in South Dakota.

Arnold has worked in public radio since 1993. Before joining NPR, he was a freelance reporter working out of San Francisco's NPR Member station, KQED.

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12:16pm

Thu October 13, 2011
Economy

A Labor Mismatch Means Trucking Jobs Go Unfilled

Originally published on Thu October 13, 2011 4:01 pm

Credit David McNew / Getty Images

The job market is barely treading water. The Labor Department reported Thursday that 404,000 more people filed for unemployment benefits last week, a number that's essentially unchanged from the week before.

Overall, there are 14 million people looking for work in the U.S., but at the same time there are still job openings around the country.

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11:03am

Thu September 22, 2011
Striving For A Safer Table Saw

Regulators Consider Safety Brakes For Table Saws

Federal regulators are moving closer to implementing new safety standards for table saws. Every year, several thousand Americans cut off their fingers using the tools.

Engineers at the Consumer Product Safety Commission, a federal agency tasked with ensuring safety standards on a range of consumer products, say almost all of those injuries could be prevented with a better safety brake system.

Currently, such a brake is only available on one brand of table saw, called SawStop, but the vast majority of saws sold today don't have the safety brake.

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10:01pm

Wed September 14, 2011
Economy

Mortgage Savings: Leaders Seek Refinancing Options

In his jobs speech last week, President Obama also took time to say he wants to help more Americans save money on their mortgages.

"To help responsible homeowners, we're going to work with federal housing agencies to help more people refinance their mortgages at interest rates that are now near 4 percent," he said to applause from lawmakers on both sides of the aisle.

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10:01pm

Thu September 8, 2011
Reflecting On Sept. 11, 2001

Port Authority Cops: Recovering From Sept. 11

Originally published on Fri September 9, 2011 6:01 am

The terrorist attacks of Sept. 11, 2001, inflicted the single greatest loss of life ever suffered by a police department in U.S. history. The department wasn't the New York Police — it was the less well-known Port Authority Police Department. The Port Authority of New York and New Jersey polices the bridges and tunnels around New York, and it also was in charge of security at the Twin Towers. It's a small, tight-knit department, and it lost 37 officers that day.

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3:00am

Mon September 5, 2011
Business

Wiffle Ball: Born And Still Made In The USA

The long Labor Day weekend is a time for backyard barbecues, catching up with friends and family, and for some, a game of Wiffle Ball.

Over the years, the Wiffle Ball has wound its way into the fabric of America. Those who don't even like baseball very much have taken a swing at that white plastic ball with the oval slots around one side.

There is something about the Wiffle Ball that's kind of irresistible — toy stores and even some hardware stores across the country sell them. And for consumers looking for a ways to spend more time outside, they're pretty cheap.

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11:54am

Mon August 29, 2011
Hurricane Irene Hits East Coast

East Coast Starts To Add Up Irene's Economic Blow

Originally published on Wed May 23, 2012 9:28 am

The day after Irene, cleanup efforts continue and the damage estimates are starting to come in. Overall, it appears to have caused much less damage than forecasters expected.

But it's still early to make exact pronouncements about how much damage this storm caused or may still cause.

Swollen rivers in upstate New York and New England continue to threaten dams. And on Monday, President Obama said that the cleanup in many areas will be tough.

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10:01pm

Sun August 14, 2011
Crisis In The Housing Market

Low Rates Alone Not Seen Reviving Housing Market

The turmoil in the financial markets has been pushing mortgage rates lower. Thirty-year fixed-rate mortgages have now fallen to about 4.3 percent, which is very close to the lowest level on record.

But many Americans can't qualify for those low rates, and analysts say these historic interest rates aren't likely to do much to help the housing market.

That is, unless the government intervenes.

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10:01pm

Wed August 10, 2011
Economy

What's Spooking Investors?

While Wall Street experiences the biggest stock sell-off in years, some very successful investors don't appear to be concerned. They're out buying stocks while everybody else panics.

Top executives are also downplaying the perceived crisis.

"We don't run the business based on what happens in the market in a day," Jamie Dimon, CEO of JP Morgan Chase, said Wednesday on CNBC. Bank stocks like his have been getting hammered in recent days.

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4:34am

Mon August 8, 2011
Economy

Economists Share Thoughts On Credit Downgrade

Turmoil in the financial markets has coincided with an annual fishing trip for economists and top executives deep in the woods of Maine near the Canadian border. While the economists were together, Standard and Poor's took the unprecedented step of downgrading the U.S. government's credit rating.

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6:00am

Sun July 31, 2011
Business

Markets Teeter As Tuesday's Debt Deadline Nears

The debt ceiling stalemate in Washington has given some investors the jitters. The market saw a 600-point drop last week and many warn that the county's AAA credit rating could suffer if a debt deal isn't reached by Tuesday's deadline. NPR's Chris Arnold reports that most economists are hopeful that lawmakers will find a way to strike a bipartisan deal before Tuesday.

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