Chinese officials will be in Washington on Wednesday to hold consultations with the U.S. ahead of high-level trade talks in October.World Economyread 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
The meeting comes amid months of stalled trade talks between Washington and New Delhi, resulting in both sides taking retaliatory measures.Asia Politicsread more
Bayer is so intent on being the world's biggest agricultural supplier that it long ago forgot about creating value for its own investors. The German pharmaceutical group raised its takeover approach to Monsanto to $127.50 per share on Sept. 6, marking its third attempt at taking over the U.S. seed maker. Hugh Grant, Monsanto's boss, must realize by now that the tendrils are closing around him.
At $65 billion including debt, Bayer's offer is generous to a fault. A 41 percent premium to Monsanto's pre-approach share price, it's also equivalent to 16 times forecast EBITDA for 2017 after including Monsanto's net debt, the same as what rival Syngenta accepted from Chinese suitor ChemChina. All this for a company that missed consensus earnings forecasts for the past two quarters.