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
"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
Gas prices could rise by about 20 cents per gallon "starting tomorrow," oil analyst Andy Lipow says Monday.Oil and Gasread more
Some operators are cashing in on the CBD craze by substituting cheap and illegal synthetic marijuana for natural CBD in vapes and edibles such as gummy bears, an AP...Health and Scienceread more
White House and Justice Department officials "had been working on building a case against [Comey] since at least last week," according to the Times, which cited administration officials. The report said Attorney General Jeff Sessions "had been charged with coming up with reasons to fire him."
President Donald Trump fired Comey on Tuesday, telling him in a letter "it is essential that we find new leadership for the FBI that restores public trust and confidence in its vital law enforcement mission." In letters released publicly, Sessions and Deputy Attorney General Rod Rosenstein recommended that Comey be fired due to his conduct in the investigation into Hillary Clinton's handling of classified information at the State department.
Several lawmakers questioned the timing of Comey's removal because the FBI is investigating Russia's alleged interference in the 2016 presidential election, including any possible links between the Trump campaign and Moscow.
White House spokesman Sean Spicer said Trump had only received the memo from Rosenstein on Tuesday and decided to fire Comey based on it.
The White House did not immediately respond to CNBC's request to comment on this story, but Trump advisor Kellyanne Conway claimed to CNN on Tuesday that the firing "is not a cover up" and had "nothing" to do with Russia.
Three senior FBI and Department of Justice officials told NBC News that they had no warning or advance knowledge of Comey's dimissal. Some of the officials that spoke with NBC know Comey personally.
"I have said from the get-go that I think a special prosecutor is the way to go, but now with what's happened it is the only way to go," Schumer told reporters on Tuesday.
The White House said its search for Comey's successor begins immediately.
—CNBC's Christine Wang contributed to this report.