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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3:40pm

Wed July 20, 2011
Crisis In The Housing Market

Debt Drama Could Be Another Blow To Housing

Patrick Fortin, owner of Century 21 Commonwealth, which has 500 real estate agents in the Boston area, says the uncertainty over the debt ceiling is hurting the housing market since it's making people nervous about the economy.
Chris Arnold NPR

Members of Congress appear closer to reaching a deal in the ongoing drama over raising the nation's debt ceiling. The economic stakes are high, and top investors and executives at major companies have been putting increasing pressure on lawmakers to strike a deal.

Take the housing market for example: Industry insiders there worry that if the political theatrics continue much longer, that could spook investors, drive up interest rates, push down home prices and hurt the economy.

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12:01am

Fri June 24, 2011
Crisis In The Housing Market

Foreclosed Homes Wait In 'Shadows' To Go On Sale

The housing market is still languishing this summer, leading some economists to believe prices won't begin to recover until 2014. Even Federal Reserve Chairman Ben Bernake says the market may be worse than most people thought.

This is due in large part to something economists call the shadow inventory — or the number of houses that will soon be up for sale.

On any given day in just about every city in the country, auctioneers are standing on the front steps of homes selling off foreclosed properties. Often no buyers even show up, and the bank takes the house.

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4:00am

Tue June 21, 2011
Law

Supreme Court Blocks Climate Change Lawsuit

The U.S. Supreme Court has rejected a global warming lawsuit brought by Connecticut, New York, Rhode Island, Vermont, Iowa and California against five big power companies. The case is being called the court's most important environmental ruling in years.

7:46am

Sat June 18, 2011
Reporter's Notebook

If Table Saws Can Be Safer, Why Aren't They?

This week some of the nation's biggest power tool companies sent their executives to Washington. They came to argue against tougher safety mandates for so-called table saws — the saws with large open spinning blades. NPR's Chris Arnold has this Reporter's Notebook.

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12:01am

Wed June 8, 2011
Crisis In The Housing Market

For Many, It's Still A Good Time To Buy A Home

"For Sale" and "For Rent" signs are seen on the front of townhomes in Centreville, Va.
Paul J. Richards AFP/Getty Images

Home prices around the country have fallen into a double dip. After declining around 30 percent from their peak, they started to rise a bit last summer with the help of a federal tax credit.

But with that stimulus gone, prices are now sliding again to new lows. And while some pundits say a lease makes more sense than a mortgage, other economists insist it's a great time to buy.

'American Dream' Under Fire

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