Tiger Woods today announced that he's having season-ending surgery, and CNBC's Darren Rovell takes a look at the impact this will have on the companies Woods endorses.

There's more bad news for Detroit, and CNBC's Phil LeBeau has the details.

JPMorgan just closed its acquisition of Bear Stearns, and now CEO Jamie Dimon appears to be hunting for another deal, reports CNBC's Charlie Gasparino

RBS has advised clients to brace for a full-fledged crash in global stock and credit markets over the next 3 months as inflation paralyzes the central banks, The Telegraph reported Wednesday. Thomas Romig from Cominvest and Nicu Harajchi from N1 Asset Management discuss.

While other financials suffer, Goldman beat earnings estimates, with Jeffery Harte, Sandler O'Neill and CNBC's Mary Thompson

Insight on whether Lehman Brothers will face the same fate as Bear Stearns, with Brad Hintz, Sanford Bernstein/former Lehman Brothers CFO

Shares in HBOS plummeted Thursday, after the UK's biggest mortgage lender said it is facing another one billion pound writedown in the first half of the year. Simon Maughan from MF Global has more.

European Union leaders gathered in Luxembourg Monday to discuss the future of the Lisbon treaty. Clara O'Donnell from Centre for European Reform considers the situation after Ireland voted 'no' in its referendum.

China's move to hike fuel prices will not have a big impact on its inflation. Frederic Neumann, Asia Pacific economist at HSBC tells CNBC's Amanda Drury & Sri Jegarajah that China's headline inflation would rise 0.6% - 1% over the next few months.

As China prepares to welcome the world when it hosts the Beijing Olympics in August, much change has taken place in its capital. Cheng Lei reports on the structural changes that have taken place and its impact on the Chinese people.