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
Russian President Vladimir Putin warned it is "impossible to scare" North Korea on Thursday, adding that Pyongyang would always be opposed to quitting its nuclear program because the country views this as its only means of self defense.
Speaking on the sidelines of an economic summit in the Russian city of Vladivostok, Putin explained the international community had promised to lift economic sanctions against the isolated regime in exchange for it discontinuing its nuclear and missile programs.
However, he argued that such an offer would always be dismissed by Pyongyang because the country would continue to prioritize defense over the prospect of greater economic benefits.
"We are telling them that we will not impose sanctions, which means you will live better, you will have more good and tasty food on the table, you will dress better, but the next step, they think, is an invitation to the cemetery. And they will never agree with this," Putin said, according to Reuters.
The isolated regime has conducted a flurry of missile tests in recent weeks amid escalating geopolitical tensions. On Sunday, Pyongyang detonated its sixth – and largest ever – nuclear explosion.
In response, the U.S. proposed a range of new United Nations sanctions against North Korea on Thursday. The draft from Washington seeks to impose a total ban on supplying a range of oil products to Pyongyang and calls for a ban on its textile export industry.
However, Russia and China are expected to oppose further sanctions and both wield the power to veto resolutions at the UN Security Council.
The UN has already imposed highly restrictive sanctions on North Korea, designed to force its leadership to curb its nuclear and missile programs.
"It is impossible to scare them," Putin said, according to the news agency.
South Korean President Moon Jae-In said Thursday that he was in discussion with leaders from Russia, the U.S. and Japan about how to resolve the crisis.
Speaking at the same economic conference as Putin, Moon appeared to contradict his Russian counterpart as he argued that new sanctions needed to be considered because they were designed to achieve a diplomatic solution.