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
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
Schultz, who stepped down as Starbucks CEO earlier this year, said he could see a future where the U.S.-based coffee chain becomes a "cashless retailer."
"That time is nearer than you think," said Schultz, who spoke with "Squawk Box" at the opening of the Starbucks Reserve Roastery in Shanghai.
At the same time, he said, technological advancements won't get in the way of the relationship between customers and the barista. "We're a people company," he said.
"I don't see a day where artificial intelligence or robotics is going to replace the humanity of Starbucks," Schultz added. "The equity of the brand is based on that intimacy between our customers and our people. That's why we invest so much in our people."
Addressing the difficulty of the brick-and-mortar retail environment, Schultz said, "If you don't put your people first, and invest in your people, I don't think you can have that customer experience that customers are going to want to be attracted to and loyal to."
Schultz joined Starbucks in 1982 as director of operations and marketing. He served twice as CEO, a role he turned over to Kevin Johnson in April.
Johnson, who also appeared on CNBC from the Shanghai Roastery on Tuesday, was joined by Starbucks China CEO Belinda Wong. The U.S. coffee giant is opening one store every 15 hours in China, Wong said.