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
Travelers who value such comforts as legroom, a checked bag, a blanket to keep warm, dinner or sitting beside their loved ones during a flight are a goldmine for airlines.
Airlines this year will turn those preferences into a record $57 billion this year, according to a study on carriers' fees that was released Monday.
In total, airlines around the world will bring in a record $82.2 billion in fees to passengers and revenue from selling frequent flier miles to banks, among other sources aside from ticket costs, said the study by consulting firm IdeaWorks Company and online car-rental site Cartrawler. The amount is more than triple the sum of airlines' ancillary revenue in 2010, according to the study.
"It's reasonable to suggest ancillary revenue will someday exceed the airline industry's annual fuel bill," it said.
Passengers' willingness to pay for more perks amid historically low fares has been a point of pride for some carriers.
Delta Air Lines and American Airlines executives recently said that about half of passengers are willing to pay a higher fare than fly on the carriers' bare-bones basic economy class, which is often in the same cabin but denies passengers once-free perks like seat selection, and — in American and United Airlines' case — access to overhead bins.
Airlines in recent years have also introduced new ways to entice passengers to shell out more, such as fees for faster boarding and day passes at their airport lounges.
While some domestic round-trip airfares have dropped to double-digit prices, fees may have canceled out some of that benefit, according to a report by the Government Accountability Office published in September. The GAO said research showed that passengers charged separately for checked bags pay more on average than those for whom checked luggage is included in the cost of the ticket.