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
The Treasury Department on Monday released an analysis of the Republican tax plan that is only one page long.
Treasury Secretary Steve Mnuchin earlier claimed that "over 100 people" in the department were working on a detailed analysis.
The analysis, from the department's Office of Tax Policy, said that the plan would raise $1.8 trillion over the next decade.
Most independent assessments of the tax scheme predict that it will inflate U.S. government debt and budget deficits significantly. The tax plan is expected to primarily benefit wealthy Americans and corporations.
"The latest Treasury 'analysis' is nothing more than one page of fake math," Democratic Minority Leader Chuck Schumer said on Monday.
The plan covers a 10-year span, with the biggest cuts coming in the early years. For that reason, many Americans who may see a tax cut in 2019 could see their taxes rise again by 2027.
The Treasury Department has claimed that the planned cuts will pay for themselves by stimulating the economy to the tune of 2.9 percent growth on average over a decade, but most economists disagree with that analysis.
The Senate version of the tax bill is 479 pages long.