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
"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
Gas prices could rise by about 20 cents per gallon "starting tomorrow," oil analyst Andy Lipow says Monday.Oil and Gasread more
Some operators are cashing in on the CBD craze by substituting cheap and illegal synthetic marijuana for natural CBD in vapes and edibles such as gummy bears, an AP...Health and Scienceread more
"At this stage, the Chinese — at least on a rhetorical basis — are trying to placate the Americans," said Willy Lam, adjunct professor at the Chinese University of Hong Kong's Center of Chinese Studies.
Whether they would open up the market, particularly for financial services and other key sectors, is another issue, Lam added.
The move appears to be "a very small step, which is trying to placate perhaps the U.S. and sound positive in some respect, so they perhaps don't get the U.S. pushing any harder on trade restrictions," said Greg Gibbs, founder of Amplifying Global FX Capital.
After all, Chinese President Xi Jinping "is a super nationalistic leader and that also translates into economic and financial policies," Lam added, so it remains to be seen if he will open up the world's second largest economy meaningfully to foreign investors.
China's announcement about greater market access came during its annual parliamentary session which started on Monday.