Chinese officials are expected to be in Washington this week to hold consultations with the U.S. ahead of high-level trade talks in October.World Economyread more
Saudi Arabia's defense spending is the world's third-largest — behind the U.S. and China, says Gary Grappo, former U.S. ambassador to Oman.Energyread more
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
After an acrimonious year where they failed to agree on almost anything, President Barack Obama will host Republican Speaker John Boehner for a rare one-on-one meeting on Tuesday, the White House said.
But with fiscal crises out of the way for the time being, and prospects for major legislation dimming ahead of November midterm elections, it's unclear what the two men will talk about.
Boehner spokesman Brendan Buck said Obama reached out to Boehner with the invitation, and that a `"broad set of topics'' would be discussed.
"The president and the speaker are looking forward to discussing a range of items on the legislative agenda,'' White House spokesman Josh Earnest said.
The two leaders last met alone in the Oval Office on Dec. 17, 2012, Buck said. That was during the days of the looming "fiscal cliff,'' when the two leaders sought but ultimately failed to find a "grand bargain'' on tax reform and spending cuts during deficit reduction talks.
"Really? That long ago!'' asked Larry Sabato, director of the University of Virginia's Center for Politics, noting that Obama has probably met more often with Russian President Vladimir Putin than with Boehner.
"There are two really different cold wars being waged,'' Sabato said.
Since Boehner took the speaker's gavel in 2011, the two leaders have had a near-constant battle over fiscal issues, fights punctuated by a showdown over raising the debt ceiling in 2011, a "fiscal cliff'' deadline in late 2012, and a 16-day government shutdown in October 2013.
After the 2012 talks flopped, Boehner said he had given up on negotiating with Obama.
The Republican speaker has been in the Oval Office a few times since with Senate leaders and House Democratic Leader Nancy Pelosi, and visited the White House once during the October shutdown with a group of House Republican leaders.
(Read more: Boehner: Obamacare 'a wet blanket over our economy')
Obama and Boehner also sporadically speak on the phone, according to reports from the White House.
But personal contacts have been few and far between. Although the two men share a passion for golf, they have not hit the greens together since a lone outing in 2011.
There are no more fiscal fights looming in the short term.
Congress agreed to a two-year budget deal at the end of last year, and passed a one-year extension of the debt ceiling earlier this month.
Tuesday's meeting comes a week before Obama delivers his latest budget proposal to Congress, a document that will no longer include an offer to Republicans to trim Social Security benefits in exchange for a deal to overhaul tax breaks for corporations and the wealthy.
Both parties have scaled back their legislative ambitions this year ahead of midterm elections in November, when Democratic control of the Senate is at stake and Boehner's Republicans seek to make bigger inroads in the House.
Obama has urged the House to pass a sweeping overhaul of immigration laws, a bill that already has passed in the Senate.
But Boehner has hinted that is unlikely to happen soon.
"A meeting can't change the fundamentals of a midterm election year,'' Sabato said. "These two are on very different paths.''