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 sector this year, spiked on 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
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 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
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
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
Walmart said Monday it's relaunching the once-beloved trendy New York fashion brand, Scoop NYC, on its website nationwide and in select stores.Retailread 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
An oil processing facility at Abqaiq and the nearby Khurais oil field was attacked on Saturday.Marketsread more
Earlier in the day, Warren sent a letter to President Barack Obama urging him to replace Mary Jo White as SEC chair, claiming White is refusing to move forward on a political spending disclosure rule.
"To have an individual member of Congress dictate the agenda for the rulemaking and the schedule of an independent agency is verboten. That's a very bad thing to accommodate," Unger said in an interview with "Closing Bell."
"I think the chairman is completely right to stick to her guns on this. She is very interested in investor protection, I can assure you," she added.
In her letter, Warren argued White's refusal "serves the narrow interests of powerful executives who would prefer to hide their expenditures of company money to advance their own personal ideologies."
When last December's government funding bill prevented the SEC from "finalizing" a rule regarding the disclosure of political contributions, Warren joined dozens of other Democratic lawmakers to remind White that the bill did not prevent the SEC from at least discussing or developing a rule for political spending disclosure to be finalized at a future time. Even then, Warren said, White refused to act.
CNBC senior contributor Larry Kudlow, also an informal advisor to Donald Trump's presidential campaign, called Warren's move "pure politics."
He noted there are already disclosure rules in place, and that the senator's issue is really with the Supreme Court's decision on Citizens United, which allowed for unlimited political spending by corporations.
"There's no question that Sen. Warren is staking out a position as the spiritual guru or godfather or godmother of the Democratic Party, pulling it to the left. And Elizabeth Warren doesn't like business, doesn't like corporations, she doesn't like banks," he said. "This is a shot across the bow."
— CNBC's Antonio Jose Vielma contributed to this report.