The European Central Bank is facing a potential crisis of its own because of "skeleton" risks amounting to several hundreds of billions of euros on its balance sheet, Dow Jones reported quoting Der Spiegel magazine.
Looks like we can raise the "all clear" sign here on Earth, though it didn't seem like the Oklahoma City Thunder got the memo when they forgot to play the first third of Saturday night's NBA playoff game. Markets try to get their groove back, the IMF looks to announce its next leader and the Treasury Department gets ready to unload some AIG. Here's what we're watching…
Are you itching to try your hand at trading the euro, given all the news about sovereign debt risk and upheaval at the IMF?
On April 30, Anne Sinclair wrote about the wedding of Prince William: “We were like children who, before going to sleep, want a tale, a story with a princess and a dream, because real life catches up with you soon enough...” The New York Times reports.
Dominique Strauss-Kahn's resignation as chief of the IMF after a sex scandal has left the fund with the challenging task of finding his successor. Debate has raged over who should take over. While French finance minister has emerged as a favorite, many say the person should come from a developing country. Tell us what you think.
The week's top business news and investment advice, including LinkedIn's market debut, HP's forecast cut and the IMF sex scandal, with CNBC's Kayla Tausche.
CNBC's Mary Thompson reports former IMF chief, Dominique Strauss-Kahn to be released from prison later today and head to temporary housing in lower Manhattan.
The IMF said Friday it had put out incorrect information a day earlier about the pension benefits it will pay former managing director Dominique Strauss Kahn.
No matter how his legal case turns out, CNBC has learned that Dominique Strauss-Kahn will collect at least a quarter million dollars a year from the IMF in pension payouts for the rest of his life.
The IMF says it released inaccurate information yesterday regarding the terms of Strauss-Kahn's retirement deal, reports CNBC's Eamon Javers.
As the IMF gets ready to choose a successor to Dominique Strauss-Kahn, who resigned following his arrest on charges that he sexually assaulted and raped a hotel housekeeper, it would be a good thing to step back for a moment and ask: What should the IMF do?
IMF chief Dominique Strauss-Kahn is expected to leave Rikers today, reports CNBC's Mary Thompson.
The fund’s sexual norms are markedly different from those of Washington, leaving its female employees at risk of harassment, the New York Times reports.
Spain's electoral oversight body ruled that jobs protests which young people are staging across the country would be illegal over the coming election weekend, but some demonstrators said they would defy the ban.
The link between illicit sex, money and power goes back as far as David and Bathsheba. This week has added several new names to the list of scandals at the top of the business world.
CNBC's Eamon Javers reports Strauss-Kahn will get retirement benefits of at least $250,000 a year for life from IMF.
Judge grants bail to Strauss-Kahn reports CNBC's Mary Thompson.
We missed the entry point on the trade I proposed yesterday, but there could be another chance before Memorial Day.
IMF boss Dominique Strauss-Kahn hired prostitutes from the 'Manhattan Madam' who set Eliot Spitzer up with Ashley Dupre, leading to the downfall of the Governor.
Japan's in a recession, IMF leadership's in play, and the Brazilian real is on a rolll. Time for your daily FX Fix.