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
Apple's new iPhones can still send texts, download apps, and make video calls, but the company spends a lot of time and effort marketing its new phones as powerful photography...Technologyread more
The trucking industry is worth hundreds of billions of dollars per year. Uber is going after this market with Uber Freight, an online platform that matches truckers with...Technologyread more
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
Billionaire investor Carl Icahn told CNBC on Monday he is "more and more" concerned about the stock market, and many companies are "way overvalued," considering the risk in emerging markets.
In an interview with Scott Wapner on "Fast Money Halftime Report," the chairman of Icahn Enterprises said he is cautious about the market on the long term basis, but on the short-term it's "anybody's guess."
Icahn did say, however, that nutritional supplement-company Herbalife is "undervalued" and is a good model that gives jobs to many people. Icahn's firm is the largest shareholder of Herbalife, and he has been in a high profile battle against hedge fund billionaire Bill Ackman over the company.
In previous comments about the market, Icahn has said the Federal Reserve has created a "false market," by not raising interest rates.
In the interview, Icahn reaffirmed his comments and said interest rates have to rise. He said in this market environment a person has to be a smart investor.
"You have some companies where there are unique qualities that aren't apparent ... that are in front of you and you buy," he said. "But sometimes that takes years and years and years."