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
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
Bank of England Governor Mark Carney said he was "absolutely serene" about the way the central bank warned of a possible Brexit hit to Britain's economy, before voters decided in June to leave the European Union.
"I am absolutely serene about the ... judgments made both by the MPC and the FPC," Carney told lawmakers, referring to the Bank's monetary and financial policy committees.
Carney came under criticism from supporters of Brexit in the run-up to the referendum, and after it, for saying the economy would face a material slowdown, and possibly a recession, in the event of an "Out" vote.
Data has suggested Britain's economy did not suffer the kind of devastating post-Brexit vote hit forecast by some supporters of the Remain campaign, but economists say it is heading for a slowdown.
Carney fended off criticism from some lawmakers that the Bank moved too aggressively to help Britain's economy through the Brexit vote shock in early August when it cut interest rates, expanded its bond-buying programme and took other measures to ease lending.
"(I) absolutely feel comfortable with the decision I supported and the committee took in August to supply monetary policy stimulus," he said.
Carney said the Bank had expected the main sectors of Britain's economy to bounce back after the initial impact of the referendum in July, as shown in a series of purchasing managers indexes published in recent days.
The BoE said in August that most of its policymakers expected to cut interest rates further below their record low level of 0.25 percent later this year, if the economy slowed as it expected.
Deputy Governor Jon Cunliffe said on Wednesday he expected to vote for another rate cut in 2016 if the economy evolves as the Bank forecast last month.