Topics by Chris Arnold
Economy
Boston Factory Takes Training Into Its Own Hands
By Chris Arnold
Experts say the current educational system and private-sector training efforts aren't preparing workers for job opportunities. So, a metal parts factory near Boston has done something unusual to ensure its workers have the necessary training: It started its own school.
Experts say the current educational system and private-sector training efforts aren't preparing workers for job opportunities. So, a metal parts factory near Boston has done something unusual to ensure its workers have the necessary training: It started its own school.
Your Money
Woman's Foreclosure Nightmare: 'Like A Black Hole'
By Chris Arnold
After a bank employee's scam undermined her mortgage, homeowner Rachel Keyser thought she might get some help. Instead, her bank has repeatedly tried to foreclose on her house.
After a bank employee's scam undermined her mortgage, homeowner Rachel Keyser thought she might get some help. Instead, her bank has repeatedly tried to foreclose on her house.
Economy
Faulty Paperwork May Slow Millions Of Foreclosures In Mass.
By Chris Arnold
It's unclear how many mortgages are affected and legal questions surrounding them could mean more trouble for the nation's largest banks.
It's unclear how many mortgages are affected and legal questions surrounding them could mean more trouble for the nation's largest banks.
Around the Nation
A Nuclear-Powered U.S. Still Too Expensive
By Chris Arnold
The U.S. nuclear power industry faced major obstacles even before the frightening nuclear reactor failures in Japan. The biggest one is financial. Why build nuclear power plants when it's cheaper to generate electricity with natural gas?
The U.S. nuclear power industry faced major obstacles even before the frightening nuclear reactor failures in Japan. The biggest one is financial. Why build nuclear power plants when it's cheaper to generate electricity with natural gas?
Economy
U.S. Unemployment Rate Falls
By Chris Arnold
The U.S. economy gained more than 200,000 jobs last month. That's the latest word out Friday from the Labor Department. The unemployment rate has now fallen to 8.8 percent. The news is a bit better than most economists had expected. But at this pace of growth, they say it will still take several years before unemployment falls back to a normal level.
The U.S. economy gained more than 200,000 jobs last month. That's the latest word out Friday from the Labor Department. The unemployment rate has now fallen to 8.8 percent. The news is a bit better than most economists had expected. But at this pace of growth, they say it will still take several years before unemployment falls back to a normal level.
Economy
Hard Financial Lessons Learned In College
By Chris Arnold
Many struggling families have kids in college, and they're making tough choices about whether to borrow money to pay for school. That has college kids learning to keep a strict budget to avoid falling into too much debt.
Many struggling families have kids in college, and they're making tough choices about whether to borrow money to pay for school. That has college kids learning to keep a strict budget to avoid falling into too much debt.
Technology
Robot Gladiators Prepare Kids for Manufacturing Jobs
By Chris Arnold
Robot battles can be violent, noisy, and fun. High tech companies hope these clashes also turn on students to careers in industries that need their skills. "Getting into this definitely got me interested in the engineering aspect of things," says high school senior Dakotah Cleaver of Bloomsburg, Pa.
Robot battles can be violent, noisy, and fun. High tech companies hope these clashes also turn on students to careers in industries that need their skills. "Getting into this definitely got me interested in the engineering aspect of things," says high school senior Dakotah Cleaver of Bloomsburg, Pa.
Economy
For Many, It's Still A Good Time To Buy A Home
By Chris Arnold
Housing prices have been falling for years now, and aren't likely to turn around for a long time. While some economists say renting makes more sense, others insist it's a great time to make a home purchase in many U.S. cities.
Housing prices have been falling for years now, and aren't likely to turn around for a long time. While some economists say renting makes more sense, others insist it's a great time to make a home purchase in many U.S. cities.
Economy
The Debt Standoff And Your 401(k)
By Chris Arnold
The memories of what happened to retirement savings and stock portfolios during the financial crisis are still fresh in many Americans' minds, and the gridlock over the debt ceiling in Washington is making some worry. So what does this all mean for the average investor?
The memories of what happened to retirement savings and stock portfolios during the financial crisis are still fresh in many Americans' minds, and the gridlock over the debt ceiling in Washington is making some worry. So what does this all mean for the average investor?
Economy
What's Spooking Investors?
By Chris Arnold
While Wall Street experiences the biggest stock sell-off in years, some successful investors don't appear to be concerned. They're out buying stocks while everybody else panics. For many, though, it's hard to ignore the historic downgrade of U.S. Treasuries and other unpleasant developments.
While Wall Street experiences the biggest stock sell-off in years, some successful investors don't appear to be concerned. They're out buying stocks while everybody else panics. For many, though, it's hard to ignore the historic downgrade of U.S. Treasuries and other unpleasant developments.
U.S. News
Low Rates Alone Not Seen Reviving Housing Market
By Chris Arnold
The turmoil in the financial markets has pushed mortgage rates close to the lowest levels on record. But many Americans can't qualify for refinancing, and analysts say the government needs to step in to help.
The turmoil in the financial markets has pushed mortgage rates close to the lowest levels on record. But many Americans can't qualify for refinancing, and analysts say the government needs to step in to help.
Business
Wiffle Ball: Born And Still Made In The USA
By Chris Arnold
The slotted, plastic ball has wound its way into the fabric of America. And, unlike so many other cheap, plastic toys, it's still made in America, in Shelton, Conn.
The slotted, plastic ball has wound its way into the fabric of America. And, unlike so many other cheap, plastic toys, it's still made in America, in Shelton, Conn.
Economy
Housing Market Stuck Despite Low Prices, Rates
By Chris Arnold
One reason for the continued gloom: It's too hard for many people to qualify for the low rates. But a new program the Obama administration is considering could help millions save an average of $2,000 a year through refinancing.
One reason for the continued gloom: It's too hard for many people to qualify for the low rates. But a new program the Obama administration is considering could help millions save an average of $2,000 a year through refinancing.
Economy
Frustration Over Jobs Unites 'Occupiers' In Boston
By Chris Arnold
The Occupy Wall Street demonstrations have attracted all kinds of people and all kinds of causes. Walking around the protest site in downtown Boston, though, it doesn't take long to figure out many of the protesters have the same problem: They can't find jobs.
The Occupy Wall Street demonstrations have attracted all kinds of people and all kinds of causes. Walking around the protest site in downtown Boston, though, it doesn't take long to figure out many of the protesters have the same problem: They can't find jobs.
Politics
As Governor, Romney Balanced Budget By Hiking Fees
By Chris Arnold
Mitt Romney says that as governor of Massachusetts, he toed the Republican line and refused to raise taxes. But how was Romney able to govern a cash-strapped state for four years? We take a closer look at his actual record on taxes.
Mitt Romney says that as governor of Massachusetts, he toed the Republican line and refused to raise taxes. But how was Romney able to govern a cash-strapped state for four years? We take a closer look at his actual record on taxes.
Economy
Changes In The Economy Leave Workers Scrambling
By Chris Arnold
Middle-level jobs are becoming increasingly automated, which pushes many people into lower-skilled (and lower-paying) jobs like fixing flat tires or delivering pizza to get by. Another option is to get training for higher-skilled jobs — and many want to see more training programs offered.
Middle-level jobs are becoming increasingly automated, which pushes many people into lower-skilled (and lower-paying) jobs like fixing flat tires or delivering pizza to get by. Another option is to get training for higher-skilled jobs — and many want to see more training programs offered.
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