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 currently covering the collapse of the housing market. He's reported on how a breakdown in lending standards has led to the highest foreclosure rate in the United States in more than 50 years. For his series on the sub-prime lender Ameriquest, he interviewed former employees from around the country who described widespread fraud at the company's offices. With more than a million people now facing foreclosure, Arnold continues to cover the ongoing crisis and the efforts to resolve it. For this work, Arnold won the Newspaper Guild's 2009 Heywood Broun Award for broadcast journalism. He has also been honored 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 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 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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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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3:32pm

Mon September 12, 2011
Business

Bank Of America Tries To Right Acquisition Wrongs

A worker sweeps in front of a Bank of America branch in Chicago. On Monday, the bank announced plans to lay off 30,000 employees, or about 10 percent of its staff, over the next few years.
Scott Olson Getty Images

The nation's largest bank said Monday that it will cut 30,000 jobs over the next few years. Bank of America has been plagued by losses after buying the home lender Countrywide, and many investors have lost faith in the bank, driving its stock down 50 percent this year.

Meanwhile, Bank of America has been selling off parts of its business to raise more capital.

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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

Retired Port Authority Police officers Brian Patrick Tierney (left) and Kevin Devlin visited the World Trade Center site this week. Both men say it's been a struggle to adjust to normal life after losing friends and searching for remains at Ground Zero.
Chris Arnold NPR

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 Wiffle Ball headquarters in Shelton, Conn. Every Wiffle Ball is made in the U.S.
Chris Arnold NPR

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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6:00am

Sat September 3, 2011
Business

Big Banks Sued Over Risky Mortgages

Transcript

SCOTT SIMON, host: A federal regulator has filed a lawsuit against 17 financial firms - some of them the biggest names on Wall Street. The suit alleges misrepresentation and negligence in the sale of mortgage securities. NPR's Chris Arnold reports.

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