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
There needs to be more accountability in corporate America, billionaire investor Carl Icahn told CNBC on Thursday.
He said on "Halftime Report" that there are many people in management who should be fired for their behavior. Icahn added he wants a Securities and Exchange Commission chair who will "hold their feet to the fire."
"Investment bankers go to CEOs of companies and say, 'Look, instead of investing capital, why don't you just buy back your stock, and in three years you'll be out of here and make $50 million. Nobody will criticize you,'" he said. "Instead of building a new factory or new machinery, which will actually help the productivity, which we need so badly in this country."
President-elect Donald Trump on Wednesday named Icahn a special advisor on regulation.
Icahn said he's supportive of companies with strong balance sheets that choose to buy back stock, but said more distressed companies should not do that.
"A lot of companies borrow money or have too much debt on the balance sheet and yet use that money that they get to buy back stock instead of investing in their own company," he said. "And that in some way should be controlled."
The current regulatory environment discourages companies from investing domestically, Icahn said.
"The market is good now and you see some GDP growth but I think part of that is you have had very low interest rates over the years. But we can't compete in this country and we can't really give good jobs to the middle class because corporations perceive themselves at war with the government," Icahn said.