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
"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
Some operators are cashing in on the CBD craze by substituting cheap and illegal synthetic marijuana for natural CBD in vapes and edibles such as gummy bears, an AP...Health and Scienceread more
"Fifty Shades of Grey," the widely anticipated adaptation of the best-selling novel about a kinky relationship between a businessman and a college student, took in $81.7 million in ticket sales to soar to the top of U.S. and Canadian weekend box office charts.
The film, which stars James Dornan and Dakota Johnson as the libidinous couple, far outpaced the No. 2 release, "Kingsman: The Secret Service," which took in $35.6 million from Friday through Sunday, according to studio estimates.
Third place on the U.S. Presidents' Day holiday weekend went to the family-friendly "The SpongeBob Movie: Sponge Out of Water," based on the popular television show about a talking animated sponge, which sold $30.5 million in tickets at U.S. and Canadian theaters.
"Fifty Shades" got a boost from a Valentine's Day opening after it was released earlier in the week in 57 foreign markets. It took in an additional $158 million overseas, for a global total of $240 million.
Early U.S. screenings on Thursday night brought in $8.6 million, setting the scene for a record-breaking opening for any Presidents' Day weekend.
Nick Carpou, president of domestic distribution for Universal Pictures, the Comcast Unit that released the film, said a combination of Valentine's Day, a long holiday weekend and intense interest from smaller and mid-sized markets all helped drive the record numbers.
Pre-sale figures in southern states such as Mississippi and Kentucky reflected especially high interest. Sales in the northeast, being pummeled by another big winter storm, as well as in the south-central regions of the country, exceeded what might have been expected, Carpou said.
"Kingsman," an adaptation of a popular comic series starring Samuel L. Jackson and Colin Firth about a spy agency's training program and a global threat by a tech genius, received solid reviews and exceeded industry forecasts.
Rounding out the top five, the box office hit "American Sniper" took in $16.4 million, bringing its domestic haul to just over $304 million and making it one of the biggest hits of 2014-15. The Clint Eastwood-directed film is nominated for six Oscars, including one for Bradley Cooper as best actor.
The sci-fi film "Jupiter Ascending" was fifth with $9.4 million.
"Kingsman: The Secret Service" was released by 20th Century Fox, a unit of 21st Century Fox. "The SpongeBob Movie" was distributed by Paramount Pictures, a unit of Viacom. "American Sniper" and "Jupiter Ascending" were released by Warner Brothers, a unit of Time Warner.