Pelosi also said it's "irrelevant" whether approving the USMCA trade deal would give President Donald Trump a victory ahead of the 2020 election.Politicsread more
Brent crude oil jumped the most in history in the previous session after attacks on Saudi's oil industry disrupted the kingdom's production.Marketsread more
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
The second-largest investor in Kraft Heinz Company discloses that it has again trimmed its stake in the food company.Marketsread more
"That leads the developed world to say to China: 'We've got to rebalance this. It's working for you. It's not working for us,'" says the billionaire Blackstone co-founder.Economyread more
Bob Bakish, the head of a newly combined CBS and Viacom, said he was "disappointed" by both stocks' reaction to the recent deal.The Faber Reportread more
Consumers could pay an average 15 to 20 cents more per gallon for unleaded gas by the end of the month following the attack on Saudi oil installations.Market Insiderread more
Elliott Management may not see John Stankey as a future leader at AT&T, but bailing on him before he executes his integration plan has the potential for disaster.Technologyread more
The White House directed Lewandowski not to discuss any of his post-election interactions with Trump beyond those already detailed in former special counsel Robert Mueller's...Politicsread more
Tension between the real estate start-up WeWork and SoftBank was not a central issue in the decision to delay an initial public offering, sources tell CNBC's David FaberThe Faber Reportread more
The service will debut in April with pricing to be announced closer to the launch data, NBCUniversal says.Technologyread more
Gold rose on Monday as the dollar retreated from an earlier near nine-month high, though uncertainty over the timing of a U.S. interest rate hike kept prices hemmed in a range.
Signs of improving physical demand in major Asian consumers helped underpin the metal after it snapped three weeks of losses last week to rise 1.3 percent, analysts said.
"The weaker U.S. dollar certainly contributes to the price strength," Commerzbank analyst Carsten Fritsch said. "The gold price already showed relative strength recently. It did not fall despite a stronger dollar and news of massive ETF outflows on Friday."
The U.S. currency retreated on Monday, after rallying against a currency basket in early trade on expectations the Fed will raise interest rates this year, and a receding chance of Donald Trump becoming U.S. president.
Gold is highly sensitive to rising U.S. interest rates, which increase the opportunity cost of holding non-yielding bullion, while boosting the dollar, in which it is priced.
Third-quarter growth figures from the United States and Fed policymakers' speeches due this week will be closely watched for clues on a possible interest rate hike.
Investment interest in gold showed signs of softening last week. U.S. Commodity Futures Trading Commission data showed on Friday hedge funds and money managers cut their net long positions in COMEX gold for a third week in the week to Oct. 18.
The world's largest gold-backed exchange-traded fund, SPDR Gold Shares, reported its biggest one-day outflow since April 2013 on Friday, of 16.6 tonnes. "Over the last three weeks we've had very much a rang bound environment," Mitsubishi analyst Jonathan Butler said. "The strength of the dollar, which is a negative factor for gold, is in large part responsible for that. On the other side, physical demand in Asia has at least given some price support."
"We have the November Fed meeting on the horizon, and the U.S. election - those are the two big macro events," Butler added. "But with a Democratic election victory, and no move on rates in November, nothing really changes for gold."
Palladium, which hit a more than three-month low of $613.10 in the previous session, was up 0.2 percent at $625.50.