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
With stocks at record highs and the economy shows signs of growth, autos—which typically do well in times of economic growth—are slumping.
China's stock market has been exceptionally volatile this year. While it is still up 22 percent year-to-date, the Shanghai Composite is down 23 percent from its June 12th high. The dramatic downturn has spilled over into other sectors of the economy, experts say, underscoring key areas of vulnerability to the economy.
This week Barclays released a bearish note downgrading autos to negative from neutral, citing several quarters of sluggish growth in China, where industry growth has stalled.
Read MoreThe (sad) truth about China's rally
The world's largest auto market saw auto sales tumble 2.3 percent in June year-over-year, according to China's Association of Automobile Manufacturers. It's the first year-over-year decline in monthly auto sales in more than two years.
That has left some analysts concerned, such as Barclays, which cut General Motors' price target to $36 from $44. The firm said the automaker will get hit the hardest by China headwinds, and that major risks stem from the deteriorating conditions in the Chinese auto market.
Barclays also wrote that there aren't enough catalysts to suggest any "meaningful upside" for the stock for the rest of the year.
Additionally, China poses a risk to GM's margins as inventory outpaces sales growth, the firm added. According to the note, the firm expects "sell-side estimates to come down and management to withdraw its guidance on the region."
Growing evidence suggests that collateral damage from China's travails may extend beyond just the two U.S. auto giants. This week, Bloomberg News reported that Audi is jettisoning an internal target to sell 600,000 cars in the country this year, as demand for luxury vehicles is sapped by the stock market rout.
Barclays also gave a downbeat forecast to auto suppliers Borgwarner and Delphi Automotive. Borgwarner's price target was reduced to $55 from $70, while Delphi was cut to $81 from $99. China is a key growth driver for both stocks given their significant exposure to the region, the firm said.
Additionally, Barclays said it sees limited upside for both stocks as volumes continue to weaken.
All three stocks have seen rough stretches in the past three months, with General Motors down 16 percent, Borgwarner down 14 percent and Delphi Automotive down 6 percent.
During the second quarter, China margins struggled with negative pricing trends due to an uptick in inventory. According to Barclays, sales growth in China is stalling, and production needs to fall more to correct inventory.
The firm expects a similar pattern into the 3rd and 4th quarters, and could potentially extend through 2nd half of 2016 due to lack of evidence supporting economic stabilization or recovery.
Despite the negative outlook on the industry, the Barclays note did offer hope.
If China's June sales swoon turns out to be a one-time event, and if Europe production growth accelerates beyond current expectations, then the firm could reassess its bearish position.
For now, however, Barclays expects "wealth impact and psychological impact to linger on the psyche of Chinese consumers," suggesting more negative growth.