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Parallels
1:14 pm
Mon February 3, 2014

Did London Get An Economic Boost From The 2012 Olympics?

This cable car line in London, shown on Jan. 27, was built in time for the 2012 Summer Olympic Games in the city. It is taking 35 percent fewer visitors than predicted.
Matthew Lloyd Getty Images

Originally published on Tue February 4, 2014 2:33 pm

Ronald Reagan once joked that the game Trivial Pursuit had a special economists' edition: It came with 100 questions and 3,000 answers. Economists are notorious for being unable to agree on anything. So it's striking that on the finances of the Olympics, they almost all agree.

"Investing in the Olympics is not worth the investment," says Andy Zimbalist of Smith College.

"You build all these facilities that are perfect for the Olympics, that are not really as desirable once the circus leaves town," says Allen Sanderson of the University of Chicago.

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The Two-Way
12:02 pm
Mon February 3, 2014

As Search Ends, Toll Rises To 27 In Quebec Seniors' Home Fire

Jan. 23: Ice covers the remains of a home for seniors in L'Isle-Verte, Quebec. A fire there killed at least 27 people. Authorities fear another five people also died.
Remi Senechal AFP/Getty Images

Originally published on Mon February 3, 2014 2:27 pm

Twenty-seven bodies have been recovered from the ruins of a home for senior citizens in L'Isle-Verte, Quebec, and authorities believe that bone fragments found in the burned-out building will help them identify five more victims.

The search is over at the site, which was consumed by a fire on Jan. 23. It took 10 days to search the wreckage because water used to fight the flames had frozen. In some spots, ice was more than a foot thick.

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The Two-Way
11:25 am
Mon February 3, 2014

Yellen Becomes Fed Chair, And Bernanke Heads To Think Tank

Janet Yellen smiles Monday before being sworn in as Federal Reserve Board chair at the Federal Reserve in Washington, D.C.
Charles Dharapak AP

Just as Janet L. Yellen was sworn in as the first woman to head the Federal Reserve, Ben Bernanke announced his next move on Monday.

The former fed chief, who saw the country through a recovery from the worst financial crisis since the Great Depression, will join Brookings' Hutchins Center on Fiscal and Monetary Policy.

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The Two-Way
11:21 am
Mon February 3, 2014

Joe Namath's Fur Coat: Nothing New, But It's A Talker

Former New York Jets quarterback Joe Namath in 1971, left, and at Sunday's Super Bowl in New Jersey.
AP

Originally published on Mon February 3, 2014 1:04 pm

The Seattle Seahawks' "Legion of Boom" defense delivered on its promise. Peyton Manning and his Denver Broncos couldn't do anything right. Bruno Mars came through with a "red-hot" halftime performance.

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Shots - Health News
11:18 am
Mon February 3, 2014

10 Places Where Health Insurance Costs The Most

Health insurance premiums in Aspen, Colo., are among the highest in the country.
Andrew Wilz AP

Originally published on Mon February 3, 2014 2:12 pm

If you are buying health coverage in the Colorado ski resort towns, the Connecticut suburbs of New York City or a bunch of otherwise low-cost rural regions of Georgia, Mississippi and Nevada, you have the misfortune of living in the most expensive insurance marketplaces under the new health law.

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