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
Saudi Arabia's defense spending is the world's third-largest — behind the U.S. and China, says Gary Grappo, former U.S. ambassador to Oman.Energyread 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 number of Americans filing for unemployment benefits fell last week, pointing to sustained labor market strength and firming economic growth.
Initial claims for state unemployment benefits decreased 3,000 to a seasonally adjusted 258,000 for the week ended Oct. 22, the Labor Department said on Thursday.
That marked 86 straight weeks that claims have been below the 300,000 threshold, which is normally associated with a strong job market. That is the longest stretch since 1970, when the labor market was much smaller.
Claims for the prior week were revised to show 1,000 more applications received than previously reported.
Economists polled by Reuters had forecast first-time applications for jobless benefits falling to 255,000 in the latest week.
A Labor Department analyst said there were no special factors influencing last week's data and that no states had been estimated.
The four-week moving average of claims, considered a better measure of labor market trends as it irons out week-to-week volatility, rose 1,000 to 253,000 last week.
The claims report also showed the number of people still receiving benefits after an initial week of aid fell 15,000 to 2.04 million in the week ended Oct. 15, the lowest reading since June 2000.
The four-week average of the so-called continuing claims declined 6,250 to 2.05 million. That was the lowest level since July 2000. The continuing claims data covered the period of the household survey from which the unemployment rate is calculated.
The four-week average of continuing claims fell 64,500 between the September and October survey periods. That suggests the unemployment rate could fall this month from 5 percent in September.