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.

In recent years, Arnold has spent much of his time reporting on the financial crisis, its aftermath, and the U.S. economy's ongoing recovery. 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 is also reporting on the now government-owned mortgage giants Fannie Mae and Freddie Mac. In a series of stories in partnership with 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 home ownership more affordable. The stories generated widespread attention, and led to calls for an investigation by members of Congress.

Arnold was recently honored with a Nieman Journalism Fellowship at Harvard University during the 2012-2013 academic year. He joined a small group of other journalists from the U.S. and abroad and studied, among other things, economics and the future of home ownership in America.

Prior to that, Arnold covered a range of other subjects 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.

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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Economy
6:18 pm
Thu January 2, 2014

For The Unemployed, Ideas To Help Bridge The Gap To Work

Job seekers line up to talk to recruiters during a job fair held in Atlanta in May.
John Amis AP

Originally published on Thu January 2, 2014 8:01 pm

When members of Congress return to work next week, at the top of the "to-do" list is whether to renew emergency unemployment benefits. An extension of the benefits expired at the end of 2013, which means 1.3 million out-of-work Americans are no longer getting unemployment checks.

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Economy
5:20 am
Wed January 1, 2014

Home Prices Mark Biggest Gains Since 2006

Originally published on Wed January 1, 2014 11:42 am

Transcript

RENEE MONTAGNE, HOST:

And before the ball dropped in Times Square last night, new numbers came out on the housing market, and they showed the past year saw the biggest gains in home prices since 2006.

NPR's Chris Arnold reports.

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Business
5:29 am
Fri December 27, 2013

Cars Are Next Frontier For Sharing Services

Kevin Petrovic, 19, and his business partner, who's also 19, raised about $6 million from venture capitalists in Silicon Valley to launch FlightCar. The company is trying to make its mark with car-sharing for travelers.
Chris Arnold NPR

Originally published on Fri December 27, 2013 9:57 am

Following the popularity of companies like Airbnb, which rent out a client's house or apartment to people visiting the area, more companies are trying the idea with cars. Companies like Uber help find someone to drive you around like a taxi. Another will let you rent out your car like a Zipcar while you're at work.

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Economy
5:01 am
Thu December 5, 2013

Pressure Mounts On Fast-Food Industry To Pay Workers More

Originally published on Thu December 5, 2013 4:05 pm

Transcript

RENEE MONTAGNE, HOST:

It's MORNING EDITION, from NPR News. Good morning. I'm Renee Montagne.

STEVE INSKEEP, HOST:

And I'm Steve Inskeep.

Protests are planned at fast-food chain restaurants 100 American cities today. Unions are staging these protests as part of a campaign to press the industry to pay more than the minimum wage. In fact, organizers are calling for $15 per hour. In some cases, that would double the pay that workers get now, and the industry appears unlikely to do that voluntarily.

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The Two-Way
1:05 pm
Fri November 29, 2013

Photos: Comet ISON May Have Survived Its Blistering Encounter

A view from NASA shows the Comet ISON streaming toward the sun (right) then emerging from the other side, dimmed.
ESA/NASA/SOHO/Jhelioviewer

Originally published on Fri November 29, 2013 4:29 pm

The Comet ISON appears to have survived after disappearing and being thought dead. New NASA photos show the comet emerging from behind the sun smaller and dimmer, but still throwing a big light trail.

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Shots - Health News
3:20 am
Wed November 27, 2013

To Changing Landscape, Add Private Health Care Exchanges

www.delightimages.com iStockphoto

Originally published on Wed November 27, 2013 11:30 am

We've been reporting a lot lately on the troubled rollout of President Obama's signature health care law. But at the same time, there are rumblings of a major shift in the way companies offer private health insurance to workers.

It involves what are called "private health care exchanges." These are similar to — but completely separate from — the public exchanges you've heard so much about.

Some experts say this new approach soon could change how millions of Americans receive their health care.

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Business
4:44 am
Wed November 20, 2013

DOJ Signals JPMorgan Deal Could Be Model For Other Cases

Originally published on Wed November 20, 2013 7:34 am

The Justice Department on Tuesday announced a landmark $13 billion settlement with JPMorgan Chase. That's the largest settlement the federal government has ever made with a single company. It's three times the BP Deepwater Horizon Oil Spill settlement.

Health Care
5:15 pm
Thu November 14, 2013

Counting Who's Bought Into Obamacare Is Tougher Than You Think

Originally published on Thu November 14, 2013 7:29 pm

Transcript

ROBERT SIEGEL, HOST:

This is ALL THINGS CONSIDERED from NPR News. I'm Robert Siegel.

AUDIE CORNISH, HOST:

And I'm Audie Cornish.

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Shots - Health News
3:57 pm
Wed November 13, 2013

Can Young People Get Obamacare For $50 A Month? Sometimes

President Barack Obama speaks in Boston about the Affordable Care Act. Obama and his supporters have often said the health care law would allow half of single Americans under 35 to get insurance for less than $50 a month.
Stephan Savoia AP

Originally published on Thu November 14, 2013 2:56 pm

For Obamacare to succeed, it's crucial for young people to sign up.

Healthy young Americans need to pay into the insurance system to help cover the costs for older, sicker people.

So the White House is reaching out. Its website sent emails to subscribers with a big, orange graphic that says half of young people can get coverage for $50 a month or less.

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NPR Story
5:08 am
Tue October 22, 2013

Shutdown-Delayed Jobs Report Is Released

Originally published on Wed October 23, 2013 10:42 am

Transcript

DAVID GREENE, HOST:

This is MORNING EDITION from NPR News. I'm David Greene.

STEVE INSKEEP, HOST:

And I'm Steve Inskeep.

Let's talk about the latest employment numbers and what they mean. The economy, we're told by the Bureau of Labor Statistics, gained 148,000 jobs in September. The unemployment rate fell slightly to 7.2 percent. We're getting these numbers a couple of weeks late because of the government shutdown. NPR's Chris Arnold has been following the economy and the shutdown. He's on the line. Hi, Chris.

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Business
5:03 am
Mon October 21, 2013

What To Know About The Tentative JPMorgan Deal

Originally published on Tue October 22, 2013 3:37 pm

Transcript

STEVE INSKEEP, HOST:

It's MORNING EDITION from NPR News. Good morning. I'm Steve Inskeep.

RENEE MONTAGNE, HOST:

And I'm Renee Montagne. The Justice Department is on the verge of a $13 billion settlement with JPMorgan Chase. That would make it the biggest government fine involving a single company. It involves the allegedly improper sale of mortgage securities that led to the financial crisis of 2008. NPR's Chris Arnold has been following this and he joins us now. Good morning.

CHRIS ARNOLD, BYLINE: Good morning, Renee.

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Health Care
5:08 pm
Wed September 18, 2013

Will Walgreens Workers Pay More After Health Care Change?

Originally published on Wed September 18, 2013 8:01 pm

Transcript

ROBERT SIEGEL, HOST:

Today, Walgreens became the latest major U.S. company to announce that it is shifting employee health benefits to a new so-called private exchange system. 160,000 workers at the drug store chain will now shop for their health care at an online marketplace. As NPR's Chris Arnold reports, the hope is such systems will hold down rising costs.

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Economy
5:18 pm
Tue September 17, 2013

Census Report Paints Troubling Economic Picture On Incomes

Raisa Ruiz (right) and her niece Mary Badels wait in line at the Manna Food Center, Gaithersburg, Md., on Sept. 13.
Chloe Coleman NPR

Originally published on Tue September 17, 2013 5:34 pm

For the first year since the recession, median household incomes did not decline in 2012. But it's hardly a reassuring picture. Incomes were flat despite the economic recovery and big gains in the stock market. That's a troubling aspect about today's labor market. It's four years since the official end of the recession and many households are worse off than when it started.

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Business
3:38 am
Fri September 6, 2013

Rates Come Down On Jumbo Mortgage Loans

iStockphoto.com

Originally published on Fri September 6, 2013 12:40 pm

There is something new and different for home mortgages: Jumbo loans are being made at lower interest rates than traditional home loans. That's kind of like a first class airplane ticket being cheaper than riding in coach.

At first this seems crazy. For as long as anybody can remember, homeowners have had to pay a premium to get jumbo loans. That's because they're not guaranteed by the federal government. If they're not guaranteed, they're riskier, so they cost more in interest payments.

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Around the Nation
4:51 pm
Thu August 29, 2013

Fast Food Workers, Activists Protest For Higher Wages

Originally published on Thu August 29, 2013 6:01 pm

Transcript

ROBERT SIEGEL, HOST:

From NPR News, this is ALL THINGS CONSIDERED. I'm Robert Siegel.

MELISSA BLOCK, HOST:

And I'm Melissa Block.

Protesters took to the streets in more than 50 cities today, calling for better wages for fast food workers. Like the Occupy Wall Street movement, these demonstrations target income inequality and promote workers' rights. But today's demonstrators also have one very clearly stated goal. Their demand: $15 an hour wages for workers at, say, McDonald's and Burger King.

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