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
The ballot comes at a precarious time for the country's longest serving prime minister, with the right-wing incumbent facing formidable challenges.World Politicsread 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
The weakness in the Mexican peso looks like it will continue in 2017 as traders come to grips with potential changes in U.S. trade policy.
"The market is increasingly convinced Donald Trump wasn't kidding around about tackling Mexico and production in Mexico," said Adam Button, currency analyst at ForexLive.com.
The peso fell for a second straight day Wednesday to record lows against the U.S. dollar as traders worried about the negative impact of President-elect Donald Trump's policies on the Mexican economy.
"The key driver for the last two days is the news that Ford would not be investing in Mexico and there's concern GM" may not either, said Thierry Albert Wizman, global interest rates and currencies strategist at Macquarie.
"People were looking for investment in Mexico to be stronger this year, and now a lot of foreign direct investment can be taken away from Mexico without any legal" action," Wizman said.
The peso briefly traded more than 2 percent weaker against the U.S. dollar on Wednesday, hitting 21.619 and breaking past a previous record of 21.3952 set on Nov. 11, three days after the election. The move extended Tuesday's roughly 2 percent drop in the peso.