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
Gold rose for a second straight session on Tuesday as the dollar dropped ahead of a two-day U.S. Federal Reserve meeting that investors are betting will leave interest rates unchanged.
"Gold should remain supported as long as it holds above $1,300 an ounce ... but that level could be easily broken if the Fed surprises with a rate hike tomorrow," ActivTrades chief analyst Carlo Alberto de Casa said.
"If not, we could see a $10 rebound after the Fed meeting."
Investors will listen closely to Fed Chair Janet Yellen's speech at the end of the meeting on Wednesday for any hint that the central bank could raise rates before the end of the year.
A range of mixed economic figures and conflicting remarks by key Fed policymakers have kept investors guessing over the timing of the next U.S. rate increase.
Only a 12 percent chance of a rate rise is priced in now, compared with 24 percent last week, CME FedWatch said.
Rising U.S. interest rates increase the opportunity cost of holding non-yielding bullion and boost the dollar, making gold more expensive for buyers holding other currencies.
The dollar was down 0.1 percent against a basket of six main currencies as investors also awaited the outcome of a Bank of Japan policy meeting this week.
Japan's central bank also meets on Tuesday and Wednesday, and could make negative interest rates the primary focus of its monetary policy, moving away from quantitative easing.
Spot gold looks neutral in a range of $1,313 to $1,319 an ounce and an escape could point a direction, said Reuters technical analyst Wang Tao.
In other news, Swiss gold imports from Hong Kong last month hit their highest since records began in 2012, while combined shipments to Hong Kong and China hit their lowest since April, data from the Swiss customs bureau showed on Tuesday.