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
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 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
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
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
Attack on Saudi oil facilities shows that 'risk is real', Chevron CEO Michael Wirth said on CNBC's "Closing Bell" Monday.Marketsread more
J.P. Morgan's chief quant says oil prices would start to hurt stock prices when they hit the $80 to $85 range.Market Insiderread more
Walmart said Monday it's relaunching the once-beloved trendy New York fashion brand, Scoop NYC, on its website nationwide and in select stores.Retailread more
CNBC's Jim Cramer loves the public school system, but the truth is that it can't be relied upon to teach children about money.
"If you want your children to become fluent in the language of finance, you are going to have to do it yourself," the "Mad Money" host said.
That means not waiting until after kids go to college to teach them about financial literacy. Once kids go to college, they will be bombarded by credit card offers that could seem irresistible. But, credit card debt on top of student loans could send someone into debt for decades.
"In my view, the best way to make all of this dull personal finance medicine go down is with a spoonful of stock-picking sugar," Cramer said.
Cramer recommended that parents give their children the gift of stock in a high-quality company that resonates with younger people.
One option is Disney, which has blockbuster movie franchises like "Frozen" and "Star Wars" under its belt that resonate with younger generations, he said.
The point of getting children interested in stocks early is to have parents instill a better way to think about money. Rather than viewing cash as something to be spent, Cramer wants children to learn that money is something that can be saved and invested to create more wealth.
"If you don't want to do this for your children, do it for yourself, because kids who can manage their own finances are kids who won't be begging you for mula even after you have gone into retirement," Cramer said.
Disclosure: Cramer's charitable trust owns shares of Disney.