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  • NCAA Slams Penn State     Monday, 23 Jul 2012 | 7:23 PM ET

    Joe Paterno's legacy has been basically erased, as his statue was removed from Penn State's campus, and more than 100 of his football wins will be "taken off the books," reports CNBC's Brian Shactman.

  • Braddock, PA: Broke Since Reagan Era     Thursday, 12 Jul 2012 | 2:45 PM ET

    Braddock, Pennsylvania, has been broke for nearly a quarter century. John Fetterman, Mayor of Braddock, Pennsylvania, explains what it's like for residents living in a bankrupt town.

  • Cash-Strapped Cities in Turmoil     Wednesday, 11 Jul 2012 | 2:19 PM ET

    San Bernardino, California, has filed for bankruptcy. A look at how the city's problems developed, with Los Angeles Times reporter Phil Willon.

  • Pennsylvania's Problems     Tuesday, 10 Jul 2012 | 2:51 PM ET

    Pennsylvania's sixth largest city may be on the brink of bankruptcy, with Ed Rendell, former Pennsylvania governor and NBC News political analyst, weighs in.

  • With No Vote, Taxpayers Stuck With Tab on Bonds Tuesday, 26 Jun 2012 | 11:47 AM ET

    With many cities now preoccupied with other crushing costs — pension obligations, retiree health care, accumulated unpaid bills — a sudden call to honor a long-forgotten bond guarantee can be a bolt from the blue, precipitating a crisis. The New York Times reports.

  • Campaigns Blitz 9 Swing States in a Battle of Ads Friday, 8 Jun 2012 | 11:19 AM ET
    Mitt Romney and Barack Obama

    The presidential campaigns and their allies are zeroing in mainly on nine swing states, bombarding them with commercials in the earliest concentration of advertising in modern politics, The New York Times reports.

  • Explosive Sports Feuds Thursday, 26 Apr 2012 | 5:03 PM ET
    What would professional sports be without trash talking, grudges, beefs and rivalries? For some, feuds are as integral to spectator sports as the game itself, and sometimes, a contentious situation between star athletes, their coaches and team owners is as enthralling as the score, and can create additional interest in the main event.Some sports feuds are legendary, such as Mike Piazza and Roger Clemens; Muhammad Ali and Joe Frazier; John Rocker and the entire city of New York. Some feuds starte

    For some, feuds are as integral to spectator sports as the game itself. Read ahead to see which recent sports feuds have been exciting, thrilling and explosive.

  • Foster Friess: Santorum Best Pick to Beat Obama Wednesday, 4 Apr 2012 | 9:23 PM ET

    Don’t count out former Sen. Rick Santorum in his bid for the Republican presidential nomination, wealthy backer Foster Friess said Wednesday.

  • Pensions Find Riskier Funds Fail to Pay Off Monday, 2 Apr 2012 | 11:37 AM ET

    Public workers’ pension funds across the country are increasingly turning to riskier investments in private equity, real estate and hedge funds, and they aren't paying off, reports the New York Times.

  • Extreme Kitchens Friday, 2 Mar 2012 | 3:53 PM ET
    To hear them tell it in home renovation programs and publications, every kitchen should look like it’s starring in a cooking show or else be dismissed as sub-par—even when the existing older components are still perfectly functional. The critics are harsh. There is no room for an avocado laminate countertop.  This kitchen-shaming has proven most beneficial to contractors, to makers of granite and marble countertops, and to manufacturers of stainless steel appliances. And yet, as much as the tast

    With all the kitchen trends now, some homeowners and designers flout the conventions, go with personal taste and choose a look that no one else has. Here are 10 examples.

  • Six More Weeks of Winter Says the Groundhog! Thursday, 2 Feb 2012 | 9:31 AM ET
    Groundhog handler Ron Ploucha holds Punxsutawney Phil after he saw his shadow predicting 6 more weeks of winter during the 126th annual Groundhog Day festivities on February 2, 2012 in Punxsutawney, Pennsylvania.

    Punxsutawney Phil has emerged and saw his shadow, in the process predicting six more weeks of winter.

  • Storybook Homes Friday, 9 Dec 2011 | 2:41 PM ET
    With some children’s stories, the setting is a major part of the story -- think of the woodland cottages in the “Hansel and Gretel,” “Snow White,” “Little Red Riding Hood,” and “The Three Bears,” or the unexplained footwear habitation of the poor old woman who lived in a shoe. We gathered 10 such storybook-worthy homes. Some of these properties look like they’re straight out of children’s stories, while others look like they belong in a beautifully illustrated vintage children’s book.  We’ve ev

    Some of these properties look like they’re straight out of children’s stories, while others look like they belong in a beautifully illustrated vintage children’s book.

  • What's the Value of a Penn State Diploma Now? Thursday, 17 Nov 2011 | 11:43 AM ET
    Jerry Sandusky, former Penn State football defensive coordinator (center), placed in police car.

    The human tragedy that's become the Penn State University child molestation scandal is forcing some high school students to think twice about attending the college—and whether a PSU diploma still has value.

  • Paterno Scandal: More Shockers     Thursday, 10 Nov 2011 | 7:42 PM ET

    CNBC's Darren Rovell, and Bob Glauber, Newsday NFL columnist, report the latest details on Penn State's child sex abuse cover-up, and the firing of the college's legendary football coach.

  • Cities That Vanished Wednesday, 9 Nov 2011 | 5:00 PM ET
    The story of the ruined city of Pompeii is one of the best-known examples of a city that suddenly ceased to exist. One moment it was a thriving metropolis, then an eruption of Mount Vesuvius in AD 79 buried the city in volcanic ash. It was accidentally rediscovered in 1749 and excavated, revealing a time capsule of city life during the era of the Roman Empire. It’s not just ancient cities that vanish, however. The following collection includes a city that disappeared just this past August. And e

    There are many different ways a city can disappear. Click and prepare to feel unsettled by the transience of human settlements.

  • Homes of the GOP Candidates Wednesday, 2 Nov 2011 | 3:27 PM ET
    When every part of a presidential candidate’s life and history goes under the microscope, it’s not surprising that some of their homes have led to controversy. In fact, for one candidate, two properties have become the center of a heated debate.

    Click ahead to learn about these abodes, located in nine states, and find out who owns, has owned, or rents each house.

  • Narrow Escapes Wednesday, 19 Oct 2011 | 5:33 PM ET
    Skinny homes are built for any number of reasons. It could be space constrictions, tax or code restrictions, the creative muse, or even for the vengeful-minded to grind an axe with a family member.What does it mean to say a house is skinny? You know you’re in one if you can stand in the center of the room and touch opposing walls. Alas, many New Yorkers can identify (and the following homes are all in cities where space is at a premium).  But the Dutch may be more familiar with the phenomenon. T

    Skinny homes are built for any number of reasons. Click to view some slim pickings from across the world.

  • Harrisburg Bankruptcy & Muni Bonds     Wednesday, 12 Oct 2011 | 5:27 PM ET

    Alexandra Lebenthal, Lebenthal & Company president/CEO. weighs in on debt-laden Harrisburg, PA and the impact its bankruptcy will have on its municipal bonds, and the overall state of munis.

  • 13 Scary Homes for Sale Thursday, 6 Oct 2011 | 4:46 PM ET
    While not everyone believes in ghosts, there are still houses that are generally considered to be haunted—and that’s already been covered here on CNBC in . Plenty of houses just look scary, as if they’re starring in a ghost story or a horror movie. A few of the following structures  starred in scary movies.

    Plenty of houses just look scary, as if they’re starring in a ghost story or a horror movie. A few of the following structures have starred in scary movies.

  • Million Dollar Home Conversions Thursday, 29 Sep 2011 | 2:02 PM ET
    To homebuyers who have a strong vision and the means to see it through, an abandoned utilitarian structure can become a stunning antidote to the common McMansion.Changes in technology, industry, and occupations have resulted in a decrease of barns, stables, and carriage houses being used for their intended purposes. Church attendance is not what it used to be and consequently many beautiful houses of worship have fallen vacant. Happily, many obsolete structures can be reclaimed, as with  seen in

    Because of home conversions, what could be the sad gradual loss of a well-built historic structure is really a boon to an enterprising homebuyer. Click to see inspiring examples of repurposed structures.