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
Royal Bank of Scotland swung to a third-quarter loss on Friday, hit by costs related to past misconduct and restructuring, casting fresh doubts on when the government might begin to recoup more of its 2008 emergency investment.
The Edinburgh-based bank, more than 70 percent owned by the British taxpayer, reported a loss attributable to shareholders of 469 million pounds ($570.7 million), compared with a profit of 952 million pounds in the same period last year.
That was more than twice the 231 million pounds loss estimated by analysts, according to a poll supplied by the bank.
It also said it would miss an end-2017 deadline to sell its Williams & Glyn branch network, a condition of its 2008 state rescue.
Chief Executive Ross McEwan is in the midst of a vast, multi-year restructuring of the bank, which includes asset sales, job cuts and multi-billion dollar charges to settle litigation and pay fines for historic regulatory breaches.
The losses were partly driven by a fresh 425 million pound misconduct charge and a rise in third quarter impaired loans to 144 million pounds.
The bank also reported 469 million pounds of additional restructuring costs, largely as a result of its extended struggle to sell Williams & Glyn.
But unlike rivals Lloyds Banking Group and Barclays, RBS did not record any provisions for repaying customers mis-sold payment protection insurance after taking a 450 million pound charge in the last quarter.
The bank reported higher than expected adjusted income of 3,494 billion pounds for the three months to end-September, reflecting efforts to step up lending to maintain its status as Britain's biggest corporate lender.
RBS, which succumbed to a 45.5 billion-pound state bailout during the 2007-09 financial crisis, has not made an annual profit since 2007. The government is currently sitting on a 25 billion pound-plus loss on its investment.