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
"It's dead wrong to imply I've spoken to the board directly. Going to the board implies I've gone around Stumpf, the guy who is under fire," Buffett told CNBC. "I've talked to no one else on the board."
Earlier in the day, Douglas Kass of Seabreeze Partners Management wrote in The Street's Real Money blog that Buffett "expressed his extreme dissatisfaction" to the bank's board of directors and called for "a radical transformation of the bank's ethics, in no uncertain terms."
Kass later published another post on Real Money with the title "I Stand by My Post on Buffett and Wells Fargo." Kass has a small short position in Buffett's Berkshire Hathaway.
Buffett said that he spoke with Stumpf for about five minutes and told him the problem at the bank is bigger than the CEO may have originally thought. Buffett told the Wells Fargo CEO the fine "was not a metric to use in determining public reaction."
Stumpf told the House Financial Services Committee on Thursday that he has talked to "a lot of [Wells Fargo] investors" and that he has "had one coversation with Warren Buffet."
The billionaire also said that he did not think that Stumpf's interview with Jim Cramer on "Mad Money" went well. In the interview, the Wells Fargo CEO said the bank is sorry, but that he does not plan to resign.
Buffett's Berkshire Hathaway holds the largest stake in Wells Fargo with about 9.51 percent of shares outstanding, according to FactSet.
Wells Fargo was hit with $185 million in penalties for opening fee-generating accounts without authorization. Over a five-year period, the bank said, 5,300 Wells Fargo employees were fired over the practice.
In July, Buffett applied for approval to expand his stake in the bank.
— CNBC's Becky Quick, Alex Crippen and Dawn Giel contributed to this report.