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
Former Italian Prime Minister Silvio Berlusconi was ordered to stand trial for corruption on Wednesday, in a fresh legal blow to the centre-right leader following his conviction for tax fraud in August and a string of other cases.
Naples prosecutors accuse Berlusconi of bribing Sergio De Gregorio, a former senator in the small Italy of Values party, to switch allegiance as part of an attempt to bring down the centre-left government of former Prime Minister Romano Prodi in 2006.
De Gregorio, who has admitted receiving 3 million euros from Berlusconi and attempting to persuade other senators to change sides, was sentenced to 20 months in jail after plea bargaining.
(View slideshwo: Silvio Berlusconi's 'greatest' hits)
His change of sides contributed to destabilising Prodi's government and contributed to its eventual collapse, but he has since turned against Berlusconi.
"This is a decision which substantially confirms what I told the Naples magistrates," De Gregorio told SkyTG24 television. "I have cleared my conscience as far as possible and apologised for what I did," he said.
Berlusconi has denied any wrongdoing and his lawyer Michele Cerabona said he was confident of the outcome of a preliminary hearing expected on Feb. 11, 2014.
(Read more: Berlusconi's girlfriendspills the beans)
However, the case adds to a long list of legal headaches facing the billionaire media tycoon, who faces expulsion from parliament and a year of community service or house arrest after he was convicted of being at the center of a vast tax fraud system at his Mediaset television empire.
His legal battles have caused serious tension in Prime Minister Enrico Letta's coalition government, built around an unwieldy alliance between the centre-left Democratic Party and Berlusconi's People of Freedom (PDL) party.
Berlusconi and his supporters have consistently argued that politically biased magistrates have tried to destroy him, and there was an immediate chorus of support from PDL lawmakers following news of the trial.
"The strategy of a certain section of the magistracy is clear as is its objective. Reform of the justice system is unavoidable," Mara Carfagna, spokeswoman of the PDL group in the lower house of parliament, said in a message on Twitter.