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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
President Donald Trump backtracked on a handful of major issues Wednesday, from his opinion of the North Atlantic Treaty Organization to the status of Fed Chair Janet Yellen, adding to markets' anxieties and prompting swift criticism by a top Democrat.
In a joint press conference with Jens Stoltenberg, the secretary general of NATO, Trump reversed his position on the group, saying it is no longer obsolete. Trump acknowledged that he had previously complained that NATO didn't do more in the fight against terrorism.
"They made a change and now they do fight terrorism. I said it was obsolete. It's no longer obsolete," Trump said.
But that wasn't the president's only about-face on Wednesday.
In turn, Chuck Schumer, the leading Democrat in the Senate, slammed Trump for his reversal on currency manipulation, lobbing many of the same criticisms the president once made of Barack Obama.
"China steals our intellectual property, doesn't let American companies compete in China, and has manipulated their currency causing the loss of millions of jobs," the New York senator said.
In 2012, Trump tweeted that Obama enabled China to "steal even more jobs and money from us" by not calling out currency manipulation.
While China isn't currently manipulating its currency, Schumer maintained that the country would "as soon as the tide turns."
He said: "When the President fails to label them a currency manipulator, he gives them a green light to steal our jobs and wealth time and time again."
On the first page of Trump's 100-day action plan, the president pledged to direct Treasury Secretary Steve Mnuchin to label China a currency manipulator.
In the same interview with the WSJ, Trump said that he believed the dollar was getting "too strong." His remark sent the currency to session lows.
Trump also told the Journal that he likes and respects Yellen and that she may hold onto her role. The president said "it's very early" in his decision process on whether he would renominate her. Previously, he said she should be "ashamed" of keeping interest rates low.
Trump also told the newspaper that the U.S. Export-Import Bank is a "very good thing," echoing comments he made to Democratic senators in February that indicated he'd support the bank. He previously said he would shut it down.