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
While the Republican Party has made the return of Glass-Seagall part of its official platform, Donald Trump's national finance chairman, Steven Mnuchin, told CNBC on Wednesday the campaign hasn't decided yet if it will support the plan.
The Depression-era legislation, which was designed to prevent big bank "supermarkets," would essentially break up many of the large institutions. News of the GOP's call to reinstate the law, which was repealed in 1999, has made many on Wall Street unhappy.
"We're not taking a position on whether we support that or don't support it. We're saying a lot of things need to be looked at. We think Dodd-Frank needs to be looked at. Obviously there is an important concern of protecting depositors," Mnuchin said in an interview with "Power Lunch."
"All I'm saying like everything else, things will be looked at and we'll see what makes sense."
However, one thing is for sure — there is way too much regulation across too many industries, he said.
While Glass-Seagall is arguably more regulation, Mnuchin said the Trump campaign believes in "correct regulation" not overregulation.
Meanwhile, Mnuchin's name has recently been floated as Trump's pick for U.S. Treasury secretary. The Republican nominee has told prospective donors that, if elected, he plans to pick Mnuchin for the post, according to Fortune.
Mnuchin, who once worked for Goldman Sachs, said it was something that was mentioned Tuesday that the press picked up.
"Obviously no decisions have been made on any transition positions and I'm honored to even be considered for it," he said.
He also weighed in on the controversy surrounding Melania Trump's speech. A speechwriter for the campaign has taken the blame for the apparent plagiarism in Monday's address, which had similarities to the one first lady Michelle Obama gave in 2008.
Mnuchin called it an "unfortunate distraction" and dismissed any notion that the campaign is making amateur mistakes.
"What I think is look, this is a billion dollar start-up and if there's a few mistakes that the press is blowing out of proportion, that's not a big deal," he said.