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
Donald Trump and President Barack Obama exchanged pleasantries at the White House on Thursday as the two leaders began a transition to the Trump administration following a vitriolic presidential campaign.
After the 90-minute meeting, Obama said he and the president-elect shared a wide-ranging conversation that included discussion of foreign and domestic policy. He said he felt "encouraged" by the "excellent" discussion.
"I have been very encouraged by the — I think — interest in President-elect Trump's wanting to work with my team around many of the issues that this great country faces," Obama said.
White House spokesman Josh Earnest said later that the meeting was valuable although many differences remained.
Noting that the meeting lasted longer than scheduled, Trump said the conversation touched on several situations, including some difficulties.
"I have great respect," Trump said of Obama. "I very much look forward to dealing with the president in the future, including counsel. He explained some of the difficulties, some of the high-flying assets, and some of the really great things that have been achieved."
On Wednesday, Obama recognized Trump's electoral victory, and promised he'd work toward a smooth transition of power.
"It is no secret that the president-elect and I have some pretty significant differences," Obama said at the time. "We are now all rooting for his success."
The two men had never met before Thursday.
Trump later met with House Speaker Paul Ryan, after which the president-elect said he would work rapidly on issues including healthcare, taxes and immigration.