Denver and Rome could not be farther apart. But today one city used to massive snow storms is facing a blizzard so big it cancelled 310 flights, even though the Denver airport has 500 workers clearing the snow. The other one hasn't seen this much snow since the '80s.
NPR's Sylvia Poggioli told our Newscast unit the 1.5 inches of snow in Rome and the 16 inches that have accumulated in the northern suburbs have meant that very few attended schools and big tourist attractions like the Colosseum were closed.
Originally published on Fri June 22, 2012 10:23 am
Five years ago, a subprime mortgage firestorm was melting down the U.S. economy, but most analysts didn't see it happening.
Federal Reserve Chairman Ben Bernanke, testifying before Congress in February 2007, said the housing sector "is a concern, but at this point we don't see it as being a broad financial concern or a major factor in assessing the course of the economy."
If he and the vast majority of economists were blind to the economic and financial calamity taking shape then, could they also be missing the start of a huge economic boom now?
Originally published on Fri February 3, 2012 2:10 pm
(Revised at 2:19 pm ET)
In an interview Thursday, Mitt Romney said he "misspoke" when he infamously said earlier in the week that he was not concerned about the very poor because they had a safety net, and the very rich but, instead, was focused on the middle class.
Speaking of the CNN interview that has caused Romney a world of trouble, the Republican presidential frontrunner told Jon Ralston of the Las Vegas Sun during an interview program called Face to Face: