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 sector this year, spiked on 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
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 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
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
An oil processing facility at Abqaiq and the nearby Khurais oil field was attacked on Saturday.Marketsread more
The subpoeana from Manhattan District Attorney's Cyrus Vance Jr.'s , for President Donald Trump's tax returns, was issued last month to Trump's accounting firm, Mazars.Politicsread more
While the UAW has rejected the offer and sent roughly 48,000 of its workers out on strike, the EV truck is widely expected to remain part of an eventual settlement.Autosread more
While markets await a Saudi update, investors are likely asking how the kingdom left itself so vulnerable, and what it means for the future.Energyread more
The new chief of the Federal Aviation Administration says he plans to test out Boeing's software changes to the 737 Max in a simulator.Airlinesread more
The Supreme Court will likely rule in favor of television networks, which argue online service provider Aereo committed copyright infringement by retransmitting programs, CBS CEO Les Moonves told CNBC on Friday.
"We think we're going to win," Moonves said on "Squawk on the Street," noting U.S. Solicitor General Donald B. Verrilli Jr. came out in support of TV networks earlier this month. "The percentage of cases that go with the solicitor general are very high—somewhere in the 75 to 80-percent range—so we're confident."
Aereo, backed by billionaire Barry Diller's IAC/InterActiveCorp, does not pay broadcasters for use of programming that it retransmits to subscribers. Its users pay a low monthly fee to watch live or recorded programs on their computers or mobile devices.
Last year, a federal appeals court in New York ruled in favor of Aereo in a similar lawsuit. Broadcasters appealed to the Supreme Court, which will hear the case at end April. A decision is expected by the end of June.
Moonves said the pending decision is "nothing I lose sleep over," though, because he has a plan that will allow his network to "win either way."
"If we don't win, we have other ways of making up for it," Moonves said. "Putting our shows directly on cable, forming our own Aereo with other networks, going over the top. Lots of solutions. No fear on my part."
Aereo declined a CNBC email request for comment, saying the company didn't see or hear Moonves' comments directly.