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
The Consumer Confidence Index rose in June to 118.9, despite expectations for it to drop, The Conference Board announced Tuesday.
Economists were expecting the index to drop slightly to 116 for the month of June, according to Thomson Reuters consensus estimates.
Last month, the index dipped to 117.9, down from its April reading, The Conference Board said.
Consumer expectations improved to a nearly 16-year high, according to Director of Economic Indicators at The Conference Board Lynn Franco.
"Expectations for the short-term have eased somewhat, but are still upbeat. Overall, consumers anticipate the economy will continue expanding in the months ahead, but they do not foresee the pace of growth accelerating," said Franco.
Those individuals saying business conditions are "good" increased to 30.8 percent from 29.8 percent, while those saying business conditions are "bad" declined to 12.7 percent from 13.9 percent, the Conference Board said.
Consumer's expectations for the labor market were also positive, with those saying jobs are "plentiful" rising to 32.8 percent from 30 percent, and those claiming jobs are "hard to get" dipping slightly to 18 percent from 18.3 percent.
For the short-term outlook, consumers were less optimistic. Those expecting business conditions to improve over the next six months decreased to 20.4 percent from 21.5 percent. However, those expecting business conditions to worsen declined marginally to 9.9 percent from 10.3 percent.
This monthly Consumer Confidence Survey is conducted for The Conference Board by Nielsen.