Saturday's attack is the biggest on Saudi oil infrastructure since Saddam Hussein's invasion of Kuwait in 1990.Energyread more
Saudi Aramco is aiming to restore by Monday about a third of its crude output that was disrupted after drone attacks on two key oil facilities, The Wall Street Journal...Marketsread more
"Blaming Iran won't end disaster. Accepting our April '15 proposal to end war & begin talks may," Zarif said on Twitter.Energyread more
Oil prices are expected to jump as much as $10 per barrel after a coordinated drone strike hit Saudi Arabia's largest oil field, forcing the kingdom to cut its oil output in...Marketsread more
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Some U.S. manufacturers say tariffs, if targeted, will help address longstanding unfair trade practices like intellectual property theft.Traderead more
Supporters of a $15 minimum wage ballot initiative in Florida argue the state's inflation-tied pay hikes have not gone far enough.2020 Electionsread more
Saudi Arabia shut down half its oil production Saturday after drone strikes hit the world's largest oil processing facility in an attack claimed by Yemen's Houthi rebels.Politicsread more
Trusii's hydrogen water machines were supposed to help users with their health problems, but customers claim the company is involved in a giant scam.Technologyread more
The decoupling of the world's two weightiest economies seems as inescapable as its extent and global impact remains incalculable.Politicsread more
Earnings season creates short-term excitement about market movement, but JP Morgan's Steven Parker is looking forward to long-term improvement in some of the worst-performing sectors, like emerging markets.
"As we've seen the stabilization in commodity markets, as we've seen stabilization in the dollar, I think that sets you up for a much more productive outlook for both emerging market growth and for emerging market earnings," Parker told CNBC's "Squawk Box" on Tuesday.
Parker, head of JP Morgan Private Bank's Thematic Equity Solutions division, said his team is also increasing their exposure in health care, which has also seen poor performance this year.
In a separate interview, UBS' Drew Matus said it may be time for the Federal Reserve to enact a long-awaited rate hike.
"If you want to lower savings and boost growth, you actually raise interest rates a little bit," said Matus, deputy chief United States economist at UBS.
Matus also told CNBC that low, stagnant growth does not necessarily indicate an oncoming recession. He said one of most frequent questions he gets from clients is where in the economic cycle is the U.S. economy and how close the country is to a recession.
Matus' take: "We've got low growth but it's very stable growth, and so we are nowhere close to a recession at this point."