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
If there's one thing as surprising as the fact that outsider newcomers have outpaced establishment veterans in the Republican presidential race so far, it's that the contest is playing out in a state that has legalized marijuana.
After all the law enforcement expenditures and jail time meted out in America's war on drugs in recent decades, the political system has begun a turn — on overhauling the criminal justice system for nonviolent offenders, and on the legal status of marijuana. Colorado became the first state to legalize weed, but debate over the issue has spread across the country, and into the GOP race.
The CNN debate in California last month revealed a divide on the issue. Sen. Rand Paul of Kentucky, the leading libertarian in the Republican race, defended Colorado's right to legalize against skeptical rivals.
"I personally think that this is a crime for which the only victim is the individual, and I think that America has to take a different attitude," said Paul, who has pressed in Congress for criminal justice reform. "I would like to see more rehabilitation and less incarceration. I'm a fan of the drug courts, which try to direct you back towards work and less time in jail."
"But the bottom line is the states," Paul concluded. "We say we like the 10th Amendment, until we start talking about this. And I think the federal government has gone too far, I think that the war on drugs has had a racial outcome, and really has been something that has really damaged our inner cities."
That drew a strong rebuttal from Gov. Chris Christie of New Jersey, a former federal prosecutor who vows to take a more traditional and aggressive law enforcement stance in the White House.
"If Senator Paul thinks that the only victim is the person, look at the decrease in productivity, look at the way people get used and move on to other drugs when they use marijuana as a gateway drug," Christie said. "It is not them that are the only victims. Their families are the victims, too, their children are the victims, too, and their employers are the victims, also. That's why I'll enforce the federal law."
Former Hewlett-Packard CEO Carly Fiorina takes a different stance. Like Paul, she defends the rights of states to make their own decisions. But like Christie, she emphasized in the CNN debate that drug use is not a victimless crime. Fiorina told a searing personal story — the drug-abuse related death of her stepdaughter a few years ago — to make the point.
The issue could become even more pointed in Colorado on Oct. 28 at the CNBC Republican debate.
Watch CNBC's "Your Money, Your Vote: The Republican Presidential Debate" on Wednesday, Oct. 28. The debate will feature two sets of candidates discussing critical issues facing America today, including job growth, taxes and the health of our economy. Coverage begins at 5 p.m. E.T.