IMF

International Monetary Fund chief Dominique Strauss-Kahn resigned Wednesday, attributed to recent allegations that he sexually assaulted a New York City hotel worker this past weekend. Strauss-Kahn, who was seen by many as a candidate for the French presidency, is yet another example of a dramatic...

Oaktree Capital Management is the latest private investment firm to want to list its shares publicly. It won't be the last, and it sure as heck won't be the first successful one either. Next. European officials want to keep their ranks as the head of the IMF, even if Dominique Strauss-Kahn is...

PIMCO's Mohamed El-Erian spoke to Bloomberg TV's Betty Liu this morning. El-Erian told Bloomberg Television that the probability of Greece defaulting or restructuring its debt has increased since the arrest of IMF head Dominique Strauss-Kahn. Highlights of the interview can be found below, the...

Germany's chancellor rejected the possibility of restructuring the debt of any member of the European Union, indicating yet another bump in the rode for the Mediterranean country. According to a Financial Times report, "On the day that European Union finance ministers approved a 78 billion euros...

A New York court has decided against granting Dominique Strauss-Kahn bail, as it believes he is a flight risk. Strauss-Kahn was arrested over the weekend on sexual misconduct charges in a New York City hotel.

Over the weekend, former head of the IMF, Dominique Strauss-Kahn, was charged, and arrested for raping a Manhattan maid at his hotel. Strauss-Kahn was staying at a $3,000 per night hotel room, when the maid entered the room around 1 p.m., and saw Strauss-Kahn emerge from the bathroom naked....

The head of the International Monetary Fund (IMF) was charged Sunday with the attempted rape of a New York City hotel worker, likely severing any remaining hope of a French presidential bid. Dominique Strauss-Kahn was charged with a criminal sexual act, unlawful imprisonment and attempted rape in...

UPDATE: IMF Has "No Comment" On Greece Euro Zone Exit

The Portugese Prime Minister said Wednesday that the International Monetary Fund and European Union had reached a deal to bailout the nation for more than $100 billion. The EU and the IMF Tuesday agreed to a 78 billion euro 3-year bailout, Prime Minister Jose Socrates commented.. Greece and...

Rumors are spreading that the debt-ridden Greece will need to restructure its debt. Early this month, the German newspaper Der Spiegel wrote that the high ranking IMF officials were recommending Greek debt restructuring to the European governments. Later it was rumored that the Germans have taken...

Greek officials confirmed that there were no plans to restructure its debt on Saturday, despite open concerns by European Union member Germany. “Restructuring is not an issue we're discussing,” Greek Finance Minister George Papaconstantinou said in an April 16 interview in Washington. “The pain...

Moody's Investors Service downgraded Ireland's credit rating two notches to Baa3 from Baa1 on Friday and said that the outlook for the financially troubled country remains negative. Moody's said that the key factors of its downgrade of Irish debt were the decline of the government's financial...

Bloomberg reported that IMF's Strauss-Kahn says that we are seeing `recovery with not enough jobs'.

Pre-open movers US stock futures are higher this morning, as investors are awaiting data on retail sales and the Beige Book economic report. Futures on the Dow Jones Industrial Average rose 64 points to 12,257.00 and S&P 500 index futures surged 8 points to 1,316.30. Futures on the Nasdaq 100...

The International Monetary Fund (IMF) said Wednesday that the United States lacks a "credible strategy" to get its public finances in order, and could jeopardize the global economy. The IMF is saying that the U.S. economy “appears sufficiently strong” to weather bigger spending cuts and tax...