Damage to the top OPEC producer's oil facilities ignited fears of supply disruption around the world and has sent crude prices soaring.Energyread more
Retailers could be in for a jolly jump in holiday sales despite headwinds like the U.S.-China trade war and threat of another economic slowdown.Retailread 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
Apple isn't trying to blow our minds with groundbreaking new features on the iPhone 11, but is making lots of little improvements each year, this year focusing on cameras and...Technologyread more
The move is the latest sign of the blurring boundaries between big tech and big finance amid challenges for both industries.Financeread 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
Pizza Hut is also talking with Kellogg and other suppliers about the plant-based meat trend.Restaurantsread more
Saudi Arabia's defense spending is the world's third-largest — behind the U.S. and China, says Gary Grappo, former U.S. ambassador to Oman.Energyread 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
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
The ballot comes at a precarious time for the country's longest serving prime minister, with the right-wing incumbent facing formidable challenges.World Politicsread more
JPMorgan on Tuesday increased earnings estimates for a group of insurance stocks, advising clients to get behind the sector once hurricane Matthew passes.
"Despite potential for a solid 3Q [third quarter], the P&C [property and casualty] (re)insurance stocks could sell off this week as Hurricane Matthew (currently a Category 4 hurricane in Caribbean) approaches the U.S.," wrote equity analyst Sarah DeWitt in a research note.
The analyst predicts that earnings in the third quarter for the insurance group could come in ahead of expectations due to "moderate global catastrophe losses," with companies in the reinsurance space seeing the lowest impact. However, Hurricane Matthew presents a threat.