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
Attorneys for former Trump campaign chairman Paul Manafort have reached a deal with the special counsel's office to spring Manafort from house arrest and allow him to travel between New York, Virginia and Florida ahead of his anticipated May trial.
The filing, dated Tuesday, was submitted to the United States District Court for the District of Columbia. It is subject to approval from U.S. District Court Judge Amy Berman Jackson.
According to the filing, Manafort has agreed to forfeit assets he says are worth about $11.65 million, including four homes, if he violates the conditions of his bail.
Manafort's wife, Kathleen Manafort, agreed to guarantee the entire amount of the bond, according to the filing. His daughter Andrea agreed to serve as surety with respect to the $3.70 million New York property that she partly owns.
Manafort is under house arrest in Virginia and remains subject to GPS monitoring following an indictment issued last month by special counsel Robert Mueller. Manafort and his longtime business partner Rick Gates were charged with 12 counts related to money laundering and undisclosed foreign lobbying.
The government has repeatedly contended that Manafort is a flight risk.
The properties included in the agreement are the Alexandria, Virginia, residence where he lives now, a home in Palm Beach Gardens, Florida, and two residences in New York. Manafort has also agreed not to travel internationally and to forfeit his three passports to the special counsel's office.
Notably absent from the list of properties included in the new filing is Manafort's condominium in Trump Tower.
Prosecutors had earlier raised doubts about whether Manafort's Fifth Avenue property was worth as much as he said it was.
Manafort's attorneys had claimed the condominium was worth $3 million, given a fair market price of $6 million and a $3 million mortgage. The $6 million valuation came from an "open source estimate" of a different unit in the building.
That condo was worth $4.5 million, according to the estimate. Manafort's attorneys argued their client's condo, which is on a higher floor, was more valuable.
In response, the government said it couldn't be sure the property had any equity at all. Prosecutors argued in a filing that two estimates of Manafort's property valued the Fifth Avenue residence between $2.5 million and $2.7 million.
The Wall Street Journal reported earlier this month that the value of condos in Trump Tower were lagging other midtown New York properties, and had fallen sharply since Trump initiated his successful bid for the presidency.
Attorneys for Manafort did not respond to a request for comment. A spokesperson for the special counsel's office declined to comment "beyond the court filings."