According to the Council on Foreign Relations, every city hosting the Olympics since 1960 incurred cost overruns, sometimes by tens of billions of dollars.
Working remotely from a beach in the Caribbean sounds heavenly, but make sure you understand what this means for your taxes before you go.
Japanese automaker Nissan Motor has terminated the lease to ex-Chairman Carlos Ghosn's luxury apartment in Tokyo, Ghosn's legal team said on Friday.
The mega-event would cost Japan's national government 801.1 billion yen ($7.03 billion), Japanese newspaper The Mainichi reported on Friday.
Start-ups in the logistics, retail and legal industries all present exciting opportunities for workers in Brazil. But it's disruptive firms in the financial services industry that are proving most attractive to employees.
Hosting the Olympics has become an increasingly expensive venture, with a number of hosts going into debt.
Airbnb claims that hosts in South Korea's Gangwon province were predicted to earn $2.1 million during the Winter Olympics.
Here are some of the key stories CNBC is following this hour.
The legacy of the Rio Olympics is a farce and the IOC should've seen it coming, writes USA Today's Nancy Armour.
Eike Batista, once Brazil's richest man, was detained in connection to charges including an alleged $16 million bribe to a former governor.
Maya Dirado, an American swimmer, believes that commitment is the key to success.
Conor Dwyer, an American competition swimmer and Olympic gold medalist, shares how he was able to reach success at the Olympic Games in Rio.
Japan is eager to build its cultural brand overseas in a nod to the years when Nintendo and Sony were cutting-edge brands in consumer electronics.
Speedo said it "cannot condone behavior that is counter to the values this brand has long stood for."
Scott Blackmun suggests the US swimmers will face consequences for their false claims of being held in an armed robbery.
Japanese Prime Minister Shinzo Abe appeared as the video game character Super Mario during the Rio Olympics closing ceremony.
The Tokyo 2020 Olympics Task Force's Michael Rofe says the Rio Olympics was a great display of athletic ability, but there was just too much focus on negative news.
China Sports Insider's Editor Mark Dreyer wraps up the highlights of the Rio Olympics, which he says was a pretty successful event.
U.S. swimmer Ryan Lochte admitted on Brazil TV Saturday that he had exaggerated his tale of being robbed at gunpoint, but insisted he did not lie.
The Paralympics' deep budget cuts mean a venue will close down, facilities will be dismantled and the workforce will be reduced, organizers said.