Chinese officials will be in Washington on Wednesday 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
Democrats may take control of the House and Senate in 2018 elections because of Americans' views toward President Donald Trump, Wall Street superstar Byron Wien told CNBC on Wednesday.
"Almost everyone thinks that the Democrats have a good chance of taking the House," said Wien, vice chairman of Blackstone's Private Wealth Solutions group. "I think they have a good chance of taking the Senate as well."
It's one of Wien's his 10 predicted surprises for 2018. In his annual note, Wien said voters feel disappointed that Trump has not kept many of his promises and there's a growing "negative reaction to his endless tweets."
Wien, a 50-year veteran of Wall Street, said Wednesday he ruled out a scenario in which Trump gained Republican seats in the House, where Republicans hold 239-193 edge.
"I rejected it because I do think the reaction of the American people is pretty negative toward him," Wien said on "Squawk Box." Trump has a popularity rating below 40, he added.
Democrats are optimistic about their chances in the 2018 midterms because of Republicans' failed efforts to kill the Affordable Care Act and Trump's falling approval rating in 2017. Democrats were also riding on Doug Jones' win in the special Senate election in Republican stronghold Alabama. Jones is being sworn in Wednesday, leaving the GOP with only a 51-49 seat edge in the Senate.
Wien acknowledged that the U.S. economy's recent improvement and the GOP's new tax law could offset some of the Democratic gains, but he believes the run-up to the Nov. 6 elections will work against Trump.
"There are going to be a lot of events between now and November," Wien said. "And I think they're going to work against him."