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
Americans have more than doubled their spending on so-called "drunk shopping"— or making purchases under the influence of alcohol — say researchers at personal finance comparison website Finder.com. According to the site's 2018 survey, U.S. drinkers now spend an average $447.57 per person a year while blitzed, up from $206 a person last year, totaling $30.43 booze-soaked billions.
And it's not just a tiny, tipsy minority of drinkers who whip out cash or cards to splurge when drunk, according to the survey of 2,000 Americans. Nearly half, or 46 percent, of those who drink regularly admit to shopping while under the influence — adding up to an estimated 68 million people.
Finder.com also found that men spend almost double — an average $564.51 — what women spend, just $282.65. Drunk Gen Xers spend triple what soused millennials do, at $738.87 per drinker, versus $205.11. (But millennials are more than twice as likely as Gen Xers and baby boomers combined to tip a glass.)
So, what exactly are tipsy U.S. shoppers spending on while imbibing? Top buys include food (60.83 percent), shoes or clothes (25.09 percent) and gambling (24.91 percent). Other favorites include concert tickets and even — ahem — sex services.