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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3:58am

Fri July 31, 2015
Business

To Get Big-Rig Drivers, Senate Bill Would Give Keys To Teens

Originally published on Fri July 31, 2015 11:18 am

Eric Pennucci of Horizon Air Services, a Boston trucking firm, does not like the idea of 18-year-olds behind the wheel of tractor-trailers.
Chris Arnold NPR

Tractor-trailers have 18 wheels. But under current federal law, you can't be 18 years old and drive one across state lines. You have to be 21. The highway bill working its way through the Senate, though, would change that.

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5:55am

Fri July 24, 2015
Business

The Financial Times, A Newspaper Success Story, Is Sold For $1.3 Billion

Originally published on Fri July 24, 2015 7:58 am

Copyright 2015 NPR. To see more, visit http://www.npr.org/.

5:11am

Tue July 7, 2015
Economy

With Greece Facing Economic Abyss, What Will EU Leaders Do?

Originally published on Tue July 7, 2015 1:47 pm

Copyright 2015 NPR. To see more, visit http://www.npr.org/.

Transcript

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10:11pm

Sun July 5, 2015
Europe

After Rejecting Bailout Plan, Greece's Economic Future Is 'Invisible'

Originally published on Sun July 5, 2015 11:23 pm

Greeks stand outside of a local school in Athens that served as a voting station.
Chris Arnold NPR

The Greek word for no is oxi, and across Athens and the Greek Islands on Sunday, it was everywhere: on posters, spray-painted on walls and old cars.

And it was also on ballots: Greek voters voted oxi Sunday in a historic referendum over the country's economic future.

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5:22pm

Sun July 5, 2015
Europe

In Crucial Referendum, Greeks Reject Bailout Proposal

Originally published on Sun July 5, 2015 10:11 pm

Copyright 2015 NPR. To see more, visit http://www.npr.org/.

Transcript

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5:07am

Wed July 1, 2015
Economy

Historic Vote May Determine Whether Greece Remains In The Eurozone

Originally published on Wed July 1, 2015 6:40 pm

Pensioners holding their queue numbers try to enter a bank in Athens. The government ordered about 1,000 bank branches around the country to reopen Wednesday to help desperate pensioners without ATM cards cash up to $134 from their retirement checks.
Daniel Ochoa de Olza AP

At the end of World War II with the continent in ruins, Winston Churchill famously proclaimed, "We must build a United States of Europe." He believed such a union would bring an end to centuries of European wars.

For 70 years Europe has been engaged in a political and economic quest to make that happen. But many in Greece, such as Athens cabdriver Jordan Repanidis, feel this historic reshaping of the Western world has a stranglehold on their country.

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5:40pm

Wed June 17, 2015
Economy

Federal Reserve Delays Hike Of Low Interest Rates

Originally published on Thu June 18, 2015 2:30 pm

Copyright 2015 NPR. To see more, visit http://www.npr.org/.

Transcript

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4:30am

Thu June 11, 2015
Economy

America's Next Economic Boom Could Be Lying Underground

Originally published on Thu June 11, 2015 2:42 pm

Pump jacks and wells work in an oil field on the Monterey Shale formation in California. Economist Michael Porter says that hydraulic fracturing, or fracking, is a "game changer" for the U.S. economy.
David McNew Getty Images

There's a serious problem in the American economy: Big corporations are doing well, but real household income for average Americans has been falling over the past decade — down 9 percent, according to census data.

"That's not good for America," says Harvard economist Michael Porter. "That's not good for America's standard of living. That's not good for our ultimate vitality as a nation."

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6:07am

Thu May 28, 2015
Business

Economists Examine Why The Housing Industry Continues To Lag

Originally published on Thu May 28, 2015 7:52 pm

Copyright 2015 NPR. To see more, visit http://www.npr.org/.

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4:19pm

Wed May 6, 2015
Energy

Oil Prices Are Rising Again, But Will They Keep Going Up?

Originally published on Wed May 6, 2015 7:55 pm

Oil pump jacks in Williston, N.D., in December. Oil prices have been on the rise, but some analysts say the global economic slowdown, fracking and the rise of alternative energy will mean less demand and lower prices.
Eric Gay AP

Oil prices hit a new high for the year Wednesday — closing at just under $61 a barrel. They've been rallying for a month, but nobody's predicting $4-per-gallon gasoline anytime soon. And some analysts say weak demand will send oil prices down again.

The recent rise follows an historic drop in prices, which were as low as about $45 a barrel less than two months ago.

So to understand what's going on now, let's look at what sent prices tumbling in the first place

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