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
Rachael Sacks isn't making life any easier for herself—or the wealthy.
The 20-year-old college student who penned a piece in Thought Catalog about the perils of being a rich girl is now lashing out at her critics. She wrote an expletive-infused follow-up piece called "I'm the Rich Girl You Love to Hate and You're All Idiots For It."
In the piece, she said the firestorm over her first essay—people calling her all manner of names on the web, reporters at her door—is, well, "funny."
"I don't deserve all of your attention," she wrote. "What I am is a scapegoat for the current issues in our economy and honestly, it doesn't phase [sic] me."
(Read more: Wealthy may lose big as Fed tapers)
Sacks said that she has no intention of apologizing or flip-flopping on her views about wealth discrimination. A person's a person, she seems to argue, no matter how rich.
"I don't look down upon 'poors' or rich people either," she wrote. "It's all just a matter of talking about these things that makes everyone so uncomfortable and it's disgusting to have to live up to others' stereotypes of what they should be. By labeling me 'rich,' the media is doing exactly what I said people shouldn't do."
There are two ways to view the ongoing Rachael Sacks saga. The first is to call her a spoiled brat who needs an online schooling. She became the written version of the "Rich Kids of Instagram," the Dom-Pérignon swilling, yacht-diving teens who basically were telling the rest of America to eat it.
Her claims of being discriminated against by cashiers because of her wealth are especially hard to stomach at a time when millions of Americans are out of work—and know what real economic discrimination feels like.
(Read more: Why the wealthy don't give more to charity)
From a broader perspective, Sacks has touched a raw nerve in America—that of the self-pitying rich. The nerve was given its first whack in 2010 when Todd Henderson, a Chicago Law School professor, said that his household salary of $250,000 "doesn't get you very far."
It was followed by Andrew Schiff, an executive at a Connecticut brokerage firm, who said that his $350,000 salary just wasn't enough and that he felt "stuck" and not really wealthy.
Sacks said she grew up with plenty of friends who were much richer than she was, and that she only grew up with "a decent amount of money." But she takes the whiny-rich-people genre to a new level, saying her wealth makes her a victim in a society that has to "pretend to be poor" to be respected.
Yet behind all the bluster and cursing, Sacks makes a good point. America right now is not comfortable talking about personal wealth (just ask Mitt Romney). Talking about all her money, she says, is "taboo."
As long as unemployment remains high, she'll probably be right.
—By CNBC's Robert Frank. Follow him on Twitter @robtfrank.