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
"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
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
Senate Republicans delayed voting on their tax bill as a setback forced them to patch up the plan only hours before a planned vote late last night. Senate Majority Leader Mitch McConnell said senators would revise the legislation, eyeing a vote to take place today. (CNBC)
* Senate tax bill would fall $1 trillion short of paying for itself after economic growth, congressional analysis says (CNBC)
* House GOP leaders preparing to bring gun measures to the floor (Politico)
White House staff exits are likely as President Trump's first year draws to a close, sources tell Reuters. Top White House economic adviser Gary Cohn and Trump's son-in-law and advisor, Jared Kushner, could be among those who depart.
President Trump repeatedly urged senior Senate GOP over the summer to end the Senate Intelligence Committee's probe into Russian meddling in the 2016 election, The New York Times reports, citing a half dozen lawmakers and aides.
President Trump told confidants that a federal government shutdown could be good for him politically, according to The Washington Post, citing sources. He is also reportedly focusing on his hard-line immigration stance to win back his core supporters.
An undocumented immigrant from Mexico has been acquitted of murder and manslaughter by a San Francisco jury in the fatal shooting of a woman that Trump used as a rallying cry against "sanctuary cities" during his presidential campaign. (Reuters)
A strong quake of magnitude 6.0 struck southeastern Iran near the city of Kerman today, the U.S. Geological Survey said. The quake, initially reported as a magnitude 6.3, was centered 36 miles northeast of Kerman. (Reuters)
The wave of sexual misconduct allegations from Hollywood to Washington has left many U.S. colleges weighing whether to revoke honorary degrees and other accolades awarded to prominent men accused of misconduct. (AP)
Blue Apron (APRN) CEO and co-founder Matt Salzberg has stepped down, replaced by chief financial officer Brad Dickerson. Salzberg is staying on as executive chairman, and will focus on the company's growth strategy. (CNBC)
In the latest development in a long-standing dispute, Qualcomm (QCOM) says it filed three new patent infringement complaints against Apple (AAPL), saying there were 16 more of its patents that Apple was using in its iPhones. (Reuters)
Japanese automaker Nissan Motor has begun international arbitration against India to seek more than $770 million in a dispute over unpaid state incentives, according to a person familiar with the matter and documents reviewed by Reuters.
CVS Health (CVS) is reportedly near a deal to buy insurer Aetna (AET) for more than $66 billion, and could announce the move as early as Monday. The talks are advanced and could value Aetna at between $200 and $205 a share. (WSJ)
Walt Disney (DIS) is suing DVD rental company Redbox, seeking to stop Redbox from selling digital copies of Disney movies. Redbox had begun offering consumers codes for downloads last month, at prices lower than on other services like Apple's (AAPL) iTunes.
Five Below (FIVE) came in — wait for it — five above. The discount retailer posted earnings of 18 cents per share compared to estimates of 13 cents, while revenue beat forecasts as well. Comparable store sales were up 8.5 percent, well above the 4.4 percent consensus estimate of analysts surveyed by Thomson Reuters. Five Below also raised its full-year forecast.
VMWare (VMW) beat estimates by 7 cents with adjusted quarterly profit of $1.34 per share, while the maker of virtualization software also saw revenue come in above forecasts. The results were boosted by a jump in licensing revenue.
Ambarella (AMBA) reported quarterly profit of 75 cents per share, 8 cents above estimates, and the maker of video processing chips also saw revenue come in slightly above forecasts. Ambarella is a major supplier to camera maker GoPro (GPRO) and it also makes chips used in autonomous driving technology.
Royal Bank of Scotland (RBS) is shutting down 259 branches and cutting 680 jobs as part of a cost reduction move.