IMF’s Christine Lagarde placed under formal investigation in France

(Jim Lo Scalzo / EPA)

The action by the court overseeing the investigation is a preliminary charge, meaning it may or may not lead to a criminal charge and trial.

    Latest News

    Canadians worry: Will Burger King wreck Tim Hortons?

    Canadians worry: Will Burger King wreck Tim Hortons?

    Hours after the merger announcement, Twitter rose up to say: Don’t mess with my coffee.

    Small business, big mistake (Ep. 7)

    Small business, big mistake (Ep. 7)

    A local employer gets blindsided by naunces of the employee-contractaor distinction, costing her thousands.

    Uber tests lunch delivery service called uberFRESH

    Uber tests lunch delivery service called uberFRESH

    Not content with what it already delivers to people - taxi, baby supplies and groceries - Uber now tests lunch delivery.

    Cash still rules for small purchases

    Cash still rules for small purchases

    After cash, more people said they prefer to use debit cards over credit cards for purchases under $5.

    It’s no wonder fliers are fighting over legroom. Just look at these numbers.

    It’s no wonder fliers are fighting over legroom. Just look at these numbers.

    Airliners across the country have pushed for years for denser, more lucrative cabins

    Best Buy sales stumbled again. Here’s why.

    Best Buy sales stumbled again.  Here’s why.

    With few buzzy new products on the market, and amid increasing competition from rival retailers, the big-box electronics giant had a tough quarter.

    Columnists

    Michelle Singletary

    Michelle Singletary

    Tax alert on health insurance premiums

    The credit helps offset the cost of the policy and is intended to make it more affordable.

    Barry Ritholtz

    Barry Ritholtz

    Time, not timing, is key to investing success

    The greatest market timer and the worst market timer fare about the same as the dollar-cost averager.

    Thomas Heath

    Thomas Heath

    Bankruptcy is boot camp for Marine-turned-entrepreneur

    After an uphill battle with debt, Nick Baucom’s conservative approach propels movers forward.

    Market News

    Stocks edge higher in early trade; Tiffany gains

    Stocks edge higher in early trade; Tiffany gains

    U.S. stocks are opening slightly higher, a day after the Standard & Poor’s 500 index had its first close above 2,000 points.

    Wonkblog

    CBO: Deficit falls to $506 billion in 2014, but debt continues to rise

    The agency has also lowered its 10-year deficit forecast, predicting that the nation will rack up an additional $7.2 trillion in new debt by 2024 rather than the $7.6 trillion previously forecast.

    Wonkbook: The policies that could help America’s veterans

    Wonkbook: The policies that could help America’s veterans

    A look at Obama’s latest move to help America’s veterans

    Can Mario Draghi save the euro again?

    Can Mario Draghi save the euro again?

    Always, always pay attention when ECB chief Mario Draghi says something off script

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    On Leadership

    The bonus round

    The bonus round

    A new survey finds that companies are devoting a record percentage of their compensation budget to paying annual bonuses.

    A seal of approval for corporate gender equality

    A seal of approval for corporate gender equality

    L’Oreal USA is the first company in America to be certified by the global standard.

    Looking for leadership in the Ebola epidemic

    Looking for leadership in the Ebola epidemic

    A conversation with Dr. Joanne Liu, president of Doctors Without Borders, about the challenge Ebola presents the global health community.

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    The Switch

    Disney filed a patent for ‘blimp-sized’ puppets controlled by drones. But that doesn’t mean they’ll be in parks soon.

    Disney filed a patent for ‘blimp-sized’ puppets controlled by drones. But that doesn’t mean they’ll be in parks soon.

    One drone-related patent application is a giant marionette that steps right out of a nightmare -- before Christmas.

    80 percent of Time Warner Cable subscribers woke up without Internet this morning. Here’s why.

    80 percent of Time Warner Cable subscribers woke up without Internet this morning. Here’s why.

    The blackout affected roughly 80 percent of TWC’s residential customer base.

    The Switchboard: Uber’s aggressive playbook for recruiting Lyft drivers

    The Switchboard: Uber’s aggressive playbook for recruiting Lyft drivers

    Your morning helping of hand-picked stories from the Switch team.

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