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
"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
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
Gas prices could rise by about 20 cents per gallon "starting tomorrow," oil analyst Andy Lipow says Monday.Oil and Gasread more
Some operators are cashing in on the CBD craze by substituting cheap and illegal synthetic marijuana for natural CBD in vapes and edibles such as gummy bears, an AP...Health and Scienceread more
Attack on Saudi oil facilities shows that 'risk is real', Chevron CEO Michael Wirth said on CNBC's "Closing Bell" Monday.Marketsread more
J.P. Morgan's chief quant says oil prices would start to hurt stock prices when they hit the $80 to $85 range.Market Insiderread more
Virtual and augmented reality may be the "topic du jour," but the market won't see massive adoption for a couple years, according to one gaming CEO.
The industry needs to make a "profound user proposition" for VR gaming in order for it to become a "big mass-market consumer enterprise," Electronic Arts CEO Andrew Wilson said on CNBC's "Squawk Alley."
"We've got some work to do, both at a technology level and a software level, to make sure that these experiences truly are better than anything you can get today," he said on Thursday.
Wilson explained that one hurdle for VR gaming on mobile devices is that people "don't want to carry extra stuff around." Most VR experiences require users to wear headsets that are much bulkier than a smartphone.
Developing compelling games for mobile devices is crucial, as it is the "fastest-growing part of [Electronic Arts'] business," Wilson said.
"The mobile device is the biggest gaming platform on the planet," he said.
Wilson said that he believes gamers are "going to align themselves with brands they know, and provided we deliver great experiences, we expect that business to continue to grow for us."