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
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
A 14.54-carat blue diamond and a nearly identical 16-carat pink diamond could become the most expensive earrings ever auctioned when they come up for sale Tuesday.
Sotheby's plans to auction the "Apollo and Artemis Diamonds" — a fancy vivid blue stone, and a fancy intense pink stone, each named after an Ancient Greek god — separately as individual lots, at its sale in Geneva on May 16.
The auction house estimates that "The Artemis Pink" will sell for between $12.5 million and $18 million, and that "The Apollo Blue" will sell for between $38 million and $50 million. Together, the pair could fetch $68 million.
If both stones are bought by the same buyer, and each stone fetches a price within its estimated range, the diamonds would become the most expensive earrings ever sold at auction, topping the $17.6 million price of the Miroir de l'Amour earrings sold by Christie's last year.
Sotheby's said demand for colored diamonds remains strong. This spring the auction house broke the world record for the most expensive diamond ever sold at auction with the $71.2 million sale of the "Pink Star" diamond.
"In the last five to 10 years, the price seems to be escalating rapidly. And we just sold this world record stone, and that was a pink diamond. So I think it's certainly the right moment, to put it like that," said David Bennett, worldwide chairman of Sotheby's International Jewellery division. "Certainly people who own important colored diamonds are aware that the market is strong."
For more record-breaking rocks, check out CNBC's "Secret Lives of the Super Rich."