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
CEO Mark Zuckerberg announced Wednesday the Oculus Go, a standalone VR headset that will cost $199 and launches early next year.
Zuckerberg didn't talk much about the product but noted that it will fill an important void between mobile VR headsets — which don't offer advanced features but are affordable — and more sophisticated products such as the Oculus Rift, which require expensive computers. He revealed the headset during the Oculus Connect 4 developer conference on Wednesday,
Facebook's head of VR, Hugo Barra, said the headset features the next generation of lenses from the ones in the Oculus Rift. It has a special built-in display with wide viewing angles and sharp images to avoid the "screen door" effect that viewers sometimes experience if they see pixels. It will ship with speakers — which means you don't need headphones if you don't want them — and has support for the Gear VR library of apps, and a standalone controller.
"[It's] hands down the easiest way for people to get into VR," Barra said. "We think people are going to spend a lot more time in VR when they get a standalone device."
Barra also announced a new Oculus for Business initiative in which it will allow companies to place bulk orders for Oculus Rift headsets. "Oculus for Business is for companies who want to explore VR to create new workflows," Barra explained, noting that Audi is using Rift products in dealerships to cater to customers. Oculus will also sell bundles to businesses that include Rift, controllers and an extra sensor for room-scale VR. Businesses will also get a full VR commercial license, a warranty and dedicated customer support.
Zuckerberg and Barra also briefly talked about the Oculus Santa Cruz, which until now has only been known as a prototype the company was working on.
Santa Cruz headsets, which are also standalone and aren't wired to a PC, will launch next year. These headsets support Oculus' "inside out tracking" capabilities. That means the headset doesn't require special sensors inside a room but rather can determine a user's location as one walks around a space, such as a room in the real world, using sensors built on the headset.
CNBC's Sara Salinas contributed to this report.