Chinese officials will be in Washington on Wednesday to hold consultations with the U.S. ahead of high-level trade talks in October.World Economyread 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
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
Venezuela's President Nicolas Maduro has called on President Donald Trump to engage in a "personal conversation" just days after being hit with new sanctions by the U.S.
The U.S. Treasury Department brandished the socialist leader a "dictator" last week and issued a string of new sanctions against him and a number of Venezuelan officials after the government staged what many observers said was a fraudulent vote to create an all-powerful legislative body.
However, Maduro, himself a tough critic of Trump, reached out to Trump Thursday during his first address to the new constituent assembly, and asked to meet with the president next month, when they are both due to attend that UN General Assembly in New York.
"If he (Trump) is so interested in Venezuela, here I am," he said in his three-hour address to the 545 member assembly.
"Mr Donald Trump, here is my hand."
The legislative body was voted into power in an election at the end of July and allows the government to rewrite legislation, though critics argue the result was illegitimate and an attempt by Maduro to cling onto power.
The vote has also prompted a number of corporations to take action against the country. On Thursday, Credit Suisse barred transactions involving certain Venezuelan bonds and business with Venezuela's government and related agencies has to undergo reputation risk reviews. This comes after Goldman Sachs faced scrutiny for buying $2.8 billion in bonds issues by state oil company PDVSA.
"In light of the political climate and recent events in Venezuela ... we want to ensure that Credit Suisse does not provide the means for anyone to violate the human rights of the Venezuelan people," Reuters said, citing a Credit Suisse memo.
The U.S., which relies on Venezuela for oil imports, is yet to place sanctions on the oil industry. Venezuela has the world's largest oil reserves but its economy has been badly hurt by a fall in oil prices over recent years.
Maduro, during the same speech Thursday, also hit out at "imperialists", who he accused of undermining his leadership, saying "we will never cede to foreign powers."
He added that Venezuela would challenge the sanctions in a U.S. court.