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
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 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 sectors this year, spiked 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
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
"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
Crude oil's spike following attacks on Saudi Arabia's energy supply has experts weighing whether or not the gains will last.ETF Edgeread more
"In the old days, the averages would've plunged on this kind of oil shock. I know because I've lived through a bunch of them, starting in 1973," Jim Cramer says.Mad Money with Jim Cramerread 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
The meeting comes amid months of stalled trade talks between Washington and New Delhi, resulting in both sides taking retaliatory measures.Asia Politicsread more
Hillary Clinton has an 85 percent chance of winning the U.S. presidential election, at least according to two prominent U.K. betting companies.
Those considering placing money on the outcome of the U.S. election can get odds of 2/11 with Ladbrokes and Betfair, which implies an 85 percent probability of a Clinton win. At those odds, the gambler would receive just 18 cents for every dollar they bet.
Unfortunately for rival candidate Donald Trump, the odds of him winning the election are 6/1 (a 15 percent chance) according to Betfair, though any gamblers backing him would win back their stake six-fold. Ladbrokes has slightly better odds at 4/1.
"Trump's odds have been drifting like a barge with the bookies in the past few weeks, however it looks like punters are hedging their bets thanks to the big prices on offer," said Jessica Bridge from Ladbrokes in a press release.
"At 2/11 Clinton would appear to be safe, but this two-horse race isn't over yet according to the cash being wagered on both candidates."
British bookmakers base their odds on how much money they receive: The more money it receives for Clinton to win, the lower the odds.
However, it's not a fool-proof system for predicting political events. Prior to the U.K. referendum on its membership of the European Union, the odds suggested a 76 percent chance of the remain campaign winning the vote.
Betting on the presidential election is proving lucrative. £75 million ($91.6 million) of bets have been placed with Betfair. On Tuesday alone, £1.3 million was placed with the bookmaker.
"After a few relatively stagnant days the market has burst into life again with over £1.3m matched already, which makes it one of the three busiest days of trading so far," Barry Orr, spokesperson for Betfair, said in a press release.
In a slightly odd twist, 16 percent of the bets placed on Tuesday were for Bernie Sanders, who lost the primary campaign to Clinton. He currently has odds of 259/1 on becoming president.
"In both the 2008 and 2012 elections, the outsiders in the market have been relatively untouched in the betting at this late stage of the presidential race, however Bernie Sanders has seen significant support and accounts for over 16 percent of the bets taken (on Tuesday)," said Orr.