Chris Arnold http://news.stlpublicradio.org en Missing In The Housing Recovery: New Houses http://news.stlpublicradio.org/post/missing-housing-recovery-new-houses More than five years after the crash, homebuilding is stuck at half its normal level. That's a big drag on the economy. And things aren't looking much better: A report out Thursday shows homebuilder confidence is <a href="http://www.nahb.org/news_details.aspx?newsID=16817">at its lowest level in a year</a>.<p>This severe slump in single-family home construction has been going on across the country. We haven't seen anything close to this kind of a long-term construction slump since World War II.<p>"This is a completely unprecedented collapse," says Ian Shepherdson, chief U.S. Thu, 15 May 2014 21:29:00 +0000 Chris Arnold 36171 at http://news.stlpublicradio.org Missing In The Housing Recovery: New Houses Housing Regulator Has Big Plans In Store For Two Mortgage Titans http://news.stlpublicradio.org/post/housing-regulator-has-big-plans-store-two-mortgage-titans A top federal regulator for the U.S. housing market signaled some big changes for government-run mortgage giants Fannie Mae and Freddie Mac. The changes likely mean lending will be expanded. Tue, 13 May 2014 20:05:00 +0000 Chris Arnold 36092 at http://news.stlpublicradio.org One More Speed Bump For Your Retirement Fund: Basic Human Impulse http://news.stlpublicradio.org/post/one-more-speed-bump-your-retirement-fund-basic-human-impulse Saving for retirement is a challenge facing most Americans. Research shows the challenge is made harder by our basic human impulses. We know we should be saving. But we don't. We consistently make bad financial decisions.<p>One thing that leads us astray is what behavioral economists call "loss aversion." In other words, we hate losing. And that gets in the way of us winning — if winning is making smart financial decisions.<p><strong>How A Smashed Car Is Like A Smashed Nest Egg</strong><p>A few months ago I got rear-ended and my Jeep Cherokee was totaled. It's the first new car I ever bought. Thu, 03 Apr 2014 22:07:00 +0000 Chris Arnold 35013 at http://news.stlpublicradio.org One More Speed Bump For Your Retirement Fund: Basic Human Impulse Severe Weather Socks The Economy, But Full Impact Is Unclear http://news.stlpublicradio.org/post/severe-weather-socks-economy-full-impact-unclear The economy often absorbs the impact of snowstorms, such as <a href="http://www.npr.org/blogs/thetwo-way/2014/03/03/285171762/what-a-blast-wicked-winter-storm-spreads-across-nation" target="_blank">this week's storm</a>, without much trouble, but this winter the weather is doing more damage than usual.<p>Sal Sambataro, the manager of Il Cortile in Manhattan, says that when the weather is better, people are packed into the family-owned Italian restaurant. On a recent day, though, the temperature is close to 15 degrees and the doorman wears a furry hat. Tue, 04 Mar 2014 22:24:00 +0000 Chris Arnold 34163 at http://news.stlpublicradio.org Severe Weather Socks The Economy, But Full Impact Is Unclear Small-Batch Distilleries Ride The Craft Liquor Wave http://news.stlpublicradio.org/post/small-batch-distilleries-ride-craft-liquor-wave Wherever you live, you're probably not too far from a local microbrewery making beer. Now, the latest trend is the spread of what you might call "micro-boozeries."<strong> </strong>Craft liquor distilleries are springing up around the country like little wellheads spouting gin, whiskey and rum.<p><a href="http://www.turkeyshoredistilleries.com/" target="_blank">Turkey Shore Distilleries</a> in Ipswich, Mass., is one of them.<p>Co-founder Evan Parker<strong> </strong>boils molasses in a giant, 400-gallon copper kettle to distill what the company calls Old Ipswich Rum. Wed, 22 Jan 2014 22:54:00 +0000 Chris Arnold 33188 at http://news.stlpublicradio.org Small-Batch Distilleries Ride The Craft Liquor Wave For The Unemployed, Ideas To Help Bridge The Gap To Work http://news.stlpublicradio.org/post/unemployed-ideas-help-bridge-gap-work When members of Congress return to work next week, at the top of the "to-do" list is whether to renew emergency unemployment benefits. Thu, 02 Jan 2014 23:17:00 +0000 Chris Arnold 32729 at http://news.stlpublicradio.org For The Unemployed, Ideas To Help Bridge The Gap To Work Cars Are Next Frontier For Sharing Services http://news.stlpublicradio.org/post/cars-are-new-frontier-sharing-services 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. <br /> Fri, 27 Dec 2013 10:29:00 +0000 Chris Arnold 32594 at http://news.stlpublicradio.org Cars Are Next Frontier For Sharing Services DOJ Signals JPMorgan Deal Could Be Model For Other Cases http://news.stlpublicradio.org/post/doj-signals-jpmorgan-deal-could-be-model-other-firms 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. Wed, 20 Nov 2013 09:44:00 +0000 Chris Arnold 31590 at http://news.stlpublicradio.org Can Young People Get Obamacare For $50 A Month? Sometimes http://news.stlpublicradio.org/post/can-young-people-get-obamacare-50-month-sometimes <p>http://www.youtube.com/watch?v=jlerIMpzVPQ</p> Wed, 13 Nov 2013 20:57:00 +0000 Chris Arnold 31414 at http://news.stlpublicradio.org Can Young People Get Obamacare For $50 A Month? Sometimes What To Know About The Tentative JPMorgan Deal http://news.stlpublicradio.org/post/what-know-about-tentative-jpmorgan-deal Transcript <p>STEVE INSKEEP, HOST: <p>It's MORNING EDITION from NPR News. Good morning. I'm Steve Inskeep.<p>RENEE MONTAGNE, HOST: <p>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. Mon, 21 Oct 2013 09:03:00 +0000 Chris Arnold 30809 at http://news.stlpublicradio.org