Chinese officials are expected to be in Washington this week to hold consultations with the U.S. ahead of high-level trade talks in October.World Economyread more
Saudi Arabia's defense spending is the world's third-largest — behind the U.S. and China, says Gary Grappo, former U.S. ambassador to Oman.Energyread 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
Bitcoin has gained a lot of fans recently, but Goldman Sachs CEO Lloyd Blankfein is not one of them.
In an interview with CNBC's Kayla Tausche, he said that "maybe bitcoin is a kind of a bubble," adding: "I don't like it. I'm not comfortable with it."
Blankfein's reason for not trusting the cryptocurrency is simple, he said: "I'm kind of an old dog to be absorbing that kind of a new trick."
Bitcoin has soared more than 600 percent this year. On Thursday, the cryptocurrency traded down 3.9 percent at $7,172.80, but remained near a record high.
The digital currency has already been embraced by some of Wall Street's most well-known figures, including investing legend Bill Miller. It has been criticized, however, by Blankfein's peers on Wall Street in JPMorgan Chase CEO Jamie Dimon and BlackRock CEO Larry Fink.
In September, Dimon referred to bitcoin as a "fraud," adding "it's worse than tulip bulbs. It won't end well." Last month, Fink said bitcoin was an "index of money laundering."
But Blankfein did not say the digital currency would fail, noting that "the list of things that are conventional today that I use every day that I thought would never make it is a very long list."
"If it works, I say to myself, 'Hmmm, maybe that was a natural progression from hard money to fiat money to consensus money.' So who's to say."