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
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Randal Quarles is a member of the Federal Reserve's Board of Governors and is the newest appointment to the group, having come on board in October 2017 after President Donald Trump nominated him for the central bank. He is speaking Monday at the National Association for Business Economics conference.
In addition to being a governor, he also is vice chair for supervision, a key position that gives him a strong level of influence on banking regulations. Quarles is expected to take a lighter hand at regulation following the post-financial crisis reforms.
This is a critical time for the Fed. Investors widely expect the policymaking Federal Open Market Committee to approve three interest rate hikes this year, though the pace of inflation could spur the panel into more aggressive action.
Quarles' speech comes a day ahead of congressional testimony from new Fed Chairman Jerome Powell.
Fed sees economy past full employment but with only 'moderate' wage gains
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