the latest Flash player

Rio shouldn't have tried to host Olympics: Economist

11:40 PM ET Tue, 2 Aug 2016

The enormous investment is contributing to the city's problems amid fiscal and political crises, says Andrew Zimbalist, Smith College's sports economist.

Watch CNBC Live TV

You May Like
‹
›
Latest Videos
‹
- 01:10
  
  01:10 | 9:00 AM ET Sat, 19 Jan 2019
  
  What it costs to eat like 'Game of Thrones' star The Mountain will shock you
- 09:42
  
  09:42 | 8:59 AM ET Sat, 19 Jan 2019
  
  Egg freezing is on the rise and these start-ups want to make the process easier
- 01:14
  
  01:14 | 12:00 AM ET Sat, 19 Jan 2019
  
  News Update - The Look Ahead
- 01:04
  
  01:04 | 7:03 PM ET Fri, 18 Jan 2019
  
  Cramer Remix: How to prepare yourself for the heart of earnings season
- 00:43
  
  00:43 | 6:54 PM ET Fri, 18 Jan 2019
  
  Cramer: Be realistic and prepare yourself for market corrections—it pays
- 04:48
  
  04:48 | 5:40 PM ET Fri, 18 Jan 2019
  
  The government shutdown faces mounting lawsuits, including over 'involuntary servitude'
- 01:33
  
  01:33 | 6:35 PM ET Fri, 18 Jan 2019
  
  CNBC Tech Check Evening Edition: January 18, 2019
- 09:51
  
  09:51 | 6:27 PM ET Fri, 18 Jan 2019
  
  Cramer's game plan: This week, forecasts are more important than earnings
- 00:53
  
  00:53 | 6:17 PM ET Fri, 18 Jan 2019
  
  This week, forecasts are more important than earnings
- 01:56
  
  01:56 | 6:10 PM ET Fri, 18 Jan 2019
  
  The Final Call: SBUX, GLD & UPS
- 01:51
  
  01:51 | 6:09 PM ET Fri, 18 Jan 2019
  
  Financials just had their best week in two years
- 01:42
  
  01:42 | 6:07 PM ET Fri, 18 Jan 2019
  
  Time to hit pause on Netflix?
- 00:37
  
  00:37 | 6:06 PM ET Fri, 18 Jan 2019
  
  Trump to make major announcement at 3pm Saturday
- 01:40
  
  01:40 | 12:00 PM ET Fri, 18 Jan 2019
  
  Riding the rally: 3 trades
- 04:06
  
  04:06 | 6:00 PM ET Fri, 18 Jan 2019
  
  Las Vegas sands is soaring, but trader warns to fade the stock
- 04:50
  
  04:50 | 5:57 PM ET Fri, 18 Jan 2019
  
  Starbucks' hot streak is about to perk up, says technician
- 01:34
  
  01:34 | 5:50 PM ET Fri, 18 Jan 2019
  
  Government shutdown will cause glitch in economic data: Kudlow
- 04:51
  
  04:51 | 5:47 PM ET Fri, 18 Jan 2019
  
  As trade tensions ease, this stock could reap the benefits
- 04:56
  
  04:56 | 5:36 PM ET Fri, 18 Jan 2019
  
  The S&P 500 is out of correction, but a number of stocks are sitting out the rally
- 05:31
  
  05:31 | 5:33 PM ET Fri, 18 Jan 2019
  
  Tesla tanks after Elon Musk lays out a 'difficult' road ahead
- 02:56
  
  02:56 | 4:49 PM ET Fri, 18 Jan 2019
  
  Consumer Edge Research's David Schick rates Tiffany "overweight" despite weak holiday sales
- 00:33
  
  00:33 | 3:17 PM ET Fri, 18 Jan 2019
  
  Jack Bogle reacts to praise from Warren Buffett
- 10:38
  
  10:38 | 5:27 PM ET Fri, 18 Jan 2019
  
  Stocks are soaring on signs of a trade deal brewing, but can you trust the hype?
- 01:39
  
  01:39 | 4:42 PM ET Fri, 18 Jan 2019
  
  New report says Trump may have instructed Cohen to lie to Congress
- 01:21
  
  01:21 | 5:07 PM ET Fri, 18 Jan 2019
  
  CNBC Markets Now: January 18, 2019
- 02:47
  
  02:47 | 4:37 PM ET Fri, 18 Jan 2019
  
  Tesla needs to keep growing production and deliveries, says Pierre Ferragu
- 03:59
  
  03:59 | 4:27 PM ET Fri, 18 Jan 2019
  
  Fed "agnostic" on raising rates, even if shutdown continues, says Julia Coronado
- 05:44
  
  05:44 | 3:00 PM ET Fri, 18 Jan 2019
  
  Full interview with Romit Shah
- 02:18
  
  02:18 | 4:16 PM ET Fri, 18 Jan 2019
  
  Government shutdown could lead to negative growth this quarter
- 01:23
  
  01:23 | 4:33 PM ET Fri, 18 Jan 2019
  
  News Update – Market Close
›
Top Videos
‹
- 09:51
  
  09:51 | 6:27 PM ET Fri, 18 Jan 2019
  
  Cramer's game plan: This week, forecasts are more important than earnings
- 05:31
  
  05:31 | 5:33 PM ET Fri, 18 Jan 2019
  
  Tesla tanks after Elon Musk lays out a 'difficult' road ahead
- 02:18
  
  02:18 | 4:16 PM ET Fri, 18 Jan 2019
  
  Government shutdown could lead to negative growth this quarter
- 03:22
  
  03:22 | 12:57 PM ET Fri, 18 Jan 2019
  
  Market is sniffing out US-China ceasefire, says Josh Brown
- 06:14
  
  06:14 | 11:19 AM ET Fri, 18 Jan 2019
  
  Tesla's next step is going international, says expert
- 04:41
  
  04:41 | 10:55 AM ET Fri, 18 Jan 2019
  
  China trade commitment is 'trial balloon', says former CBO director
- 01:21
  
  01:21 | 10:42 AM ET Fri, 18 Jan 2019
  
  China committing to U.S. import boost through 2024
- 07:46
  
  07:46 | 9:01 AM ET Fri, 18 Jan 2019
  
  Netflix's content is why it's dominating, says BTIG's Greenfield
- 05:26
  
  05:26 | 7:17 AM ET Fri, 18 Jan 2019
  
  Tesla is laying off workers. Here's what investors need to know.
- 01:50
  
  01:50 | 7:28 AM ET Fri, 18 Jan 2019
  
  US-China trade talks focus on crucial meeting at the end of January
- 02:04
  
  02:04 | 6:05 AM ET Fri, 18 Jan 2019
  
  Tesla to cut full time workforce by roughly 7% - WSJ
- 00:44
  
  00:44 | 6:00 AM ET Fri, 18 Jan 2019
  
  Futures point to slightly higher open
- 11:24
  
  11:24 | 6:42 PM ET Thu, 17 Jan 2019
  
  Here's the real reason why stocks popped on China trade reports: Cramer
- 03:58
  
  03:58 | 4:06 PM ET Thu, 17 Jan 2019
  
  Netflix shares drop on mixed fourth-quarter earnings
- 02:41
  
  02:41 | 2:10 PM ET Thu, 17 Jan 2019
  
  US reportedly weighs lifting China tariff to hasten trade deal
- 03:30
  
  03:30 | 12:55 PM ET Thu, 17 Jan 2019
  
  Here's how economists are getting data during the shutdown
- 05:54
  
  05:54 | 11:59 AM ET Thu, 17 Jan 2019
  
  Stock picking the name of the game for 2019, says Eaton Vance's Barton
- 02:39
  
  02:39 | 1:11 PM ET Thu, 17 Jan 2019
  
  Bank turmoil driven by emotion, says Bankstocks.com CEO
- 01:44
  
  01:44 | 9:05 AM ET Thu, 17 Jan 2019
  
  Jim Cramer: Jack Bogle was despised in the business and he loved it
- 03:16
  
  03:16 | 8:31 AM ET Thu, 17 Jan 2019
  
  Initial jobless claims down 3,000 to 213,000
- 09:13
  
  09:13 | 8:18 AM ET Thu, 17 Jan 2019
  
  Remembering legendary investor Jack Bogle
- 04:43
  
  04:43 | 7:56 AM ET Thu, 17 Jan 2019
  
  Sen. Moore Capito: Pelosi's request to postpone State of the Union is a 'political ploy'
- 03:40
  
  03:40 | 7:27 AM ET Thu, 17 Jan 2019
  
  Here's what you need to know about the state of the luxury real estate sector
- 02:01
  
  02:01 | 6:08 AM ET Thu, 17 Jan 2019
  
  UK government scrambles to meet March 29 Brexit deadline
- 03:27
  
  03:27 | 6:15 AM ET Thu, 17 Jan 2019
  
  Morgan Stanley fourth quarter earnings miss expectations
- 11:17
  
  11:17 | 6:39 PM ET Wed, 16 Jan 2019
  
  The bank stocks are leading stocks out of their rut, and it's not too late to buy: Cramer
- 08:21
  
  08:21 | 5:55 PM ET Wed, 16 Jan 2019
  
  Vanguard Founder Jack Bogle dies at 89
- 04:48
  
  04:48 | 12:27 PM ET Wed, 16 Jan 2019
  
  JP Morgan's Dimon says this economic recovery has been anemic
- 06:55
  
  06:55 | 10:48 AM ET Wed, 16 Jan 2019
  
  Former SEC Chairman: It's 'high time' we found a compromise on the shutdown
- 17:21
  
  17:21 | 10:21 AM ET Wed, 16 Jan 2019
  
  Watch CNBC's full interview with BlackRock CEO Larry Fink
›
Must Watch Videos
‹
- 04:48
  
  04:48 | 5:40 PM ET Fri, 18 Jan 2019
  
  The government shutdown faces mounting lawsuits, including over 'involuntary servitude'
- 12:59
  
  12:59 | 8:00 AM ET Tue, 15 Jan 2019
  
  How Qualcomm became a chip giant and why its business model is being challenged by Apple and the FTC
- 07:46
  
  07:46 | 8:59 AM ET Sat, 12 Jan 2019
  
  VR training by companies like Microsoft is saving lives, money and ensuring the future of VR and AR
- 09:02
  
  09:02 | 2:12 PM ET Tue, 15 Jan 2019
  
  Can the Robinhood app live up to the legend?
- 04:06
  
  04:06 | 5:17 PM ET Wed, 16 Jan 2019
  
  Millennials and big banks have trust issues — Here's how financial institutions are trying to fix them
- 00:53
  
  00:53 | 2:43 PM ET Wed, 16 Jan 2019
  
  Here's what Huawei's 'Ox Horn' campus looks like – a cluster of European cities
- 01:51
  
  01:51 | 12:28 PM ET Mon, 14 Jan 2019
  
  Whirlpool's smart oven uses sensors to detect the food you're making and cooks it perfectly
- 01:03
  
  01:03 | 9:00 AM ET Mon, 14 Jan 2019
  
  Ford unveils the all-new Shelby GT500, its most powerful street-legal car in history
- 01:22
  
  01:22 | 9:46 AM ET Mon, 14 Jan 2019
  
  Toyota reveals the first new Supra in the US in 21 years
- 03:19
  
  03:19 | 9:29 AM ET Sat, 5 May 2018
  
  This high-tech crib is being offered as a company benefit at tech companies
- 01:06
  
  01:06 | 2:21 PM ET Fri, 11 Jan 2019
  
  Watch SpaceX launch and land its first mission of 2019
- 04:04
  
  04:04 | 3:57 PM ET Tue, 8 Jan 2019
  
  We rode the Google rollercoaster at CES so you don't have to
- 09:33
  
  09:33 | 7:00 AM ET Thu, 10 Jan 2019
  
  Tailspin: A CNBC Investigation
- 01:31
  
  01:31 | 11:45 AM ET Mon, 7 Jan 2019
  
  Watch this super thin TV roll up and disappear in seconds
- 01:38
  
  01:38 | 5:34 PM ET Wed, 9 Jan 2019
  
  Mercedes CLA coupe loaded with tech, a pitch to millennial luxury buyers
- 02:02
  
  02:02 | 3:07 PM ET Mon, 7 Jan 2019
  
  Here are 5 cool products not to miss at CES 2019
- 01:05
  
  01:05 | 10:59 AM ET Wed, 9 Jan 2019
  
  Here are your income tax changes for 2019
- 07:27
  
  07:27 | 8:48 AM ET Mon, 7 Jan 2019
  
  How Starbucks went from one coffee bean store to an $80 billion business
- 07:15
  
  07:15 | 4:32 PM ET Fri, 4 Jan 2019
  
  The crypto craze ended 2018 with a whimper — Here's what nine experts say to expect in 2019
- 03:45
  
  03:45 | 3:42 PM ET Mon, 7 Jan 2019
  
  Three big factors behind Apple's big sales slump and dire warning about China
- 00:55
  
  00:55 | 10:09 AM ET Thu, 3 Jan 2019
  
  China makes history by landing spacecraft on far side of the moon
- 07:34
  
  07:34 | 5:20 PM ET Thu, 3 Jan 2019
  
  Here's why you won't find a McDonald's in Iceland
- 03:20
  
  03:20 | 6:33 PM ET Fri, 4 Jan 2019
  
  This astronaut, physician and mountaineer says being a tech CEO is his greatest challenge yet
- 03:05
  
  03:05 | 6:59 AM ET Thu, 3 Jan 2019
  
  Solving the student debt crisis: Increase the supply of education says Mark Zandi
- 06:57
  
  06:57 | 7:35 AM ET Wed, 2 Jan 2019
  
  Why McDonald's failed in Bolivia
- 07:03
  
  07:03 | 6:24 PM ET Wed, 2 Jan 2019
  
  Apple's Tim Cook blames China for weak iPhone sales — Here's how five experts reacted to the news
- 01:56
  
  01:56 | 8:55 AM ET Tue, 1 Jan 2019
  
  Suzy Welch: If you make one New Year’s resolution about your career in 2019, make it this
- 01:40
  
  01:40 | 6:00 AM ET Mon, 21 March 2016
  
  Lilly Singh: Find happiness and you'll find success
- 01:32
  
  01:32 | 12:32 PM ET Wed, 2 Jan 2019
  
  Howie Mandel reveals how cheap he really is
- 04:10
  
  04:10 | 7:59 AM ET Sat, 29 Dec 2018
  
  The Next Recession: Mark Zandi says corporate debt could cause 'reckoning' in 2020
›
CEO Interviews
‹
- 04:01
  
  04:01 | 11:54 AM ET Fri, 18 Jan 2019
  
  Infor CEO: People want a large-scale enterprise company
- 29:17
  
  29:17 | 12:55 PM ET Wed, 16 Jan 2019
  
  Watch JP Morgan CEO Jamie Dimon speak on the shutdown, Brexit and U.S.-China trade
- 04:49
  
  04:49 | 11:58 AM ET Wed, 16 Jan 2019
  
  Augmented reality games will transition from phones, says Niantic CEO
- 08:51
  
  08:51 | 8:09 AM ET Wed, 16 Jan 2019
  
  United CEO Oscar Munoz talks Q4 earnings, China, government shutdown
- 07:20
  
  07:20 | 6:38 AM ET Wed, 16 Jan 2019
  
  Watch BlackRock CEO Larry Fink break down the company's Q4 earnings
- 05:11
  
  05:11 | 1:53 PM ET Tue, 15 Jan 2019
  
  US consumer is really strong, says Domino's Pizza CEO
- 06:17
  
  06:17 | 11:00 AM ET Tue, 15 Jan 2019
  
  Consumers are confident despite 'noise', says Chipotle CEO
- 07:54
  
  07:54 | 7:26 AM ET Tue, 15 Jan 2019
  
  Tilray CEO talks branding deal with Authentic Brands Group
- 10:00
  
  10:00 | 2:49 PM ET Sun, 13 Jan 2019
  
  Ford CEO Jim Hackett on restructuring, going electric and China's slowdown
- 03:26
  
  03:26 | 9:46 AM ET Fri, 11 Jan 2019
  
  'We will do what maximizes shareholder value,' says GM CEO
- 22:13
  
  22:13 | 7:15 PM ET Tue, 8 Jan 2019
  
  Apple CEO Tim Cook talks China, Wall Street negativity and innovation with CNBC's Jim Cramer
- 03:36
  
  03:36 | 8:59 AM ET Fri, 21 Dec 2018
  
  Crude prices will rebound sharply mid-2019, Canary CEO predicts
- 06:36
  
  06:36 | 7:22 PM ET Thu, 20 Dec 2018
  
  CEO of Boehner-backed cannabis company sees bill paving way for legalization being passed in 2019
- 04:16
  
  04:16 | 4:46 PM ET Thu, 20 Dec 2018
  
  We don't see any fall-off in demand, says Carnival CEO
- 07:10
  
  07:10 | 6:55 PM ET Thu, 20 Dec 2018
  
  'I don't think the economy's super strong,' but demand and business optimism remain: Paychex CEO
- 07:08
  
  07:08 | 6:40 PM ET Wed, 19 Dec 2018
  
  Micron CEO touts 'vibrant' demand for key products as stock hits 52-week low after earnings
- 09:28
  
  09:28 | 7:04 PM ET Wed, 19 Dec 2018
  
  'It's a horse race between three great companies': Eli Lilly CEO talks winning on migraine treatments
- 16:13
  
  16:13 | 7:35 AM ET Wed, 19 Dec 2018
  
  Watch CNBC's full interview with GSK CEO Emma Walmsley about the Pfizer merger
- 06:26
  
  06:26 | 11:08 AM ET Tue, 18 Dec 2018
  
  Oracle CEO: Our growth rates are the best we've seen
- 07:50
  
  07:50 | 9:42 AM ET Fri, 14 Dec 2018
  
  Starbucks CEO on the company's future outlook, China expansion and Howard Schultz
- 10:30
  
  10:30 | 7:43 AM ET Thu, 13 Dec 2018
  
  Watch CNBC's full interview with Delta Airlines CEO Ed Bastian
- 04:17
  
  04:17 | 11:14 AM ET Wed, 12 Dec 2018
  
  Christmas season off to strong start despite global volatility, says UPS CEO
- 06:56
  
  06:56 | 7:01 PM ET Tue, 11 Dec 2018
  
  Masimo CEO on how new patient monitors can help curb opioid-related deaths
- 03:23
  
  03:23 | 10:13 AM ET Tue, 11 Dec 2018
  
  Coca-Cola CEO: Market volatility is a sign of uncertainty
- 07:30
  
  07:30 | 9:05 AM ET Tue, 11 Dec 2018
  
  Tech regulations must happen at the federal level, says Nextdoor CEO
- 06:38
  
  06:38 | 7:02 PM ET Mon, 10 Dec 2018
  
  Hybrid cloud is 'clearly' the 'mode of the future,' Tech Data CEO says
- 08:33
  
  08:33 | 6:56 PM ET Mon, 10 Dec 2018
  
  Splunk CEO talks data analytics company's new capabilities in voice, AR
- 01:15
  
  01:15 | 6:46 PM ET Mon, 10 Dec 2018
  
  Data analytics and Splunk's new capabilities in voice, AR
- 11:59
  
  11:59 | 7:20 PM ET Fri, 7 Dec 2018
  
  Restaurateur Danny Meyer and his CIO talk investing in online gourmet food platform Goldbelly with founder Joe Ariel
- 06:25
  
  06:25 | 6:53 PM ET Fri, 7 Dec 2018
  
  Domo CEO on how his data analytics platform differentiates itself from competitors
›

Rio shouldn't have tried to host Olympics: Economist

You May Like

Latest Videos

Top Videos

Must Watch Videos

CEO Interviews

News Tips

CNBC Newsletters