President Donald Trump said Monday he's in no rush to respond to a coordinated attack that hit Saudi Arabia's oil industry over the weekend.Marketsread more
The price of oil could go sharply higher, depending on the duration of the disruption at Saudi oil facilities and whether there is a military response.Powering the Futureread more
Energy stocks, one of the worst-performing sectors this year, spiked Monday after an attack on Saudi Arabia's heart of oil production Saturday sent oil prices soaring.Marketsread more
The Saudi-led military coalition battling Yemen's Houthi movement said on Monday that the attack on Saudi oil plants was carried out by Iranian weapons and did not originate...Oilread more
After a series of setbacks on the road to an initial public offering, the parent company of real estate start-up WeWork is delaying the move, sources told CNBC Monday.Technologyread more
"The United States military, with our interagency team, is working with our partners to address this unprecedented attack and defend the international rules-based order that...Politicsread more
Crude oil's spike following attacks on Saudi Arabia's energy supply has experts weighing whether or not the gains will last.ETF Edgeread more
"In the old days, the averages would've plunged on this kind of oil shock. I know because I've lived through a bunch of them, starting in 1973," Jim Cramer says.Mad Money with Jim Cramerread more
Traders in the fed funds futures market on Monday were pricing in a 34% chance that the Fed will stay put on rates.The Fedread more
The meeting comes amid months of stalled trade talks between Washington and New Delhi, resulting in both sides taking retaliatory measures.Asia Politicsread more
Gas prices could rise by about 20 cents per gallon "starting tomorrow," oil analyst Andy Lipow says Monday.Oil and Gasread more
While Apple stock isn't quite a no-brainer, the company should put their cash on hand to good use, billionaire investor Wilbur Ross said Wednesday.
"I'm not so sure that no-brainer trades exist. I have a tough time finding no-brainer trades," he said. "There's usually a reason why somebody's on the other side."
(Read more: Is Apple stock really a no-brainer?)
On CNBC's "Fast Money," Ross did find a point of agreement with Icahn.
"I think they should do something with the excess cash," he said. "Whether it's to make some acquisition that fits or to pay it out the way Carl wants them to, I don't know. I'm not intimate enough with the company.
(Read more: Icahn pushes Apple for more buybacks)
"But I do think it's a little silly to sit with that much cash. And I recognize a fair amount of it is overseas and there's a whole tax problem with bringing it back. But surely they can find some clever way around it."
Ross also said that he thought Apple was effecting an indirect means of repatriation of its cash via its recent bond offering.
(Read more: Apple should tell Icahn to 'stuff it': Henry Blodget)
Apple was estimated to have about $142 billion in cash as of May. Shares closed up 0.3 percent to end at $489.56.
Ross said that his best investment idea at the moment was shale gas, which up to recently had underperformed.
"I think it's only a matter of time," he said, noting that the Obama administration had slowly started to approve export permits.
"We have such an abundance of natural gas, and we've had such reasonably warm weather that it hasn't been a good time from a point of view of price," Wilbur added. "I think that will change once they get to where they can export."
— CNBC's Stephanie Landsman contributed research to this report. Follow her on Twitter: @StephLandsman.
Trader disclosure: On Oct. 2, 2013, the following stocks and commodities mentioned or intended to be mentioned on CNBC's "Fast Money" were owned by the "Fast Money" traders: John Woods is long WFC; John Woods is long @CL.1; John Woods is long @NG.1; John Woods is long @GC.1; Karen Finerman is long BAC; Karen Finerman is long C; Karen Finerman is long JPM; Karen Finerman is long TGT; Karen Finerman is long GOOG; Karen Finerman is long M; Karen Finerman is short BID; Karen Finerman is long RMAX; Karen Finerman is long MDY PUTS; Tim Seymour is long BAC; Tim Seymour is long INTC; Tim Seymour is long SBUX; Tim Seymour is long F; Tim Seymour is long NCR; Tim Seymour is long PG; Guy Adami is long C; Guy Adami is long GS; Guy Adami is long INTC; Guy Adami is long MSFT; Guy Adami is long AGU; Guy Adami is long NUE; Guy Adami is long BTU; Guy Adami's Linda Snow, works at Merck.