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
Executives from several drone companies who met with President Trump at the White House lobbied hard for looser rules for their industry and found him sympathetic, says one CEO who was there.
"There were strong personalities expressing strong opinions" about de-regulating drone flights, Measure CEO Brandon Torres Declet told CNBC. "There were no shrinking violets" among the drone execs gathered with the President and other administration officials in the East Room of the White House.
"The President expressed concerns that over-regulation of the drone industry would cause the U.S. to fall behind other countries" in the technology, while portraits of George and Martha Washington looked down from the walls, Torres Declet said from the White House.
The nascent drone industry has been pushing for rules that would allow commercial drones to be flown at night and outside the view of the person operating the craft, among other changes.
Trump has been meeting this week with range of executives representing a broad swath of the tech industry.
After meeting with the largest and most valuable companies on Monday, Trump, son-in-law Jared Kushner and other officials met with execs from drone and telecom companies today.
The meeting was organized by the Office of Science and Technology Policy, led by Deputy U.S. CTO Michael Kratsios.
Also in attendance was Jeff Rosen, Deputy Secretary of the Department of Transportation, which sets U.S. aircraft rules via the Federal Aviation Administration.
Last August the FAA issued sweeping new rules for drone operators, including requiring all drone operators, even hobbyists, to register with the government.