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
President Donald Trump said Tuesday that Larry Kudlow has a "good chance" to take over as his top economic advisor.
"I'm looking at Larry Kudlow very strongly," Trump told reporters as he prepared to depart for California. "I think Larry Kudlow has a good chance."
Trump also said he was "speaking to many others" about possibly filling the role.
Gary Cohn, who had held the position, left the White House last week after a disagreement with Trump over tariffs on aluminum and steel imports.
The president's remarks on Kudlow came a day after CNBC's Jim Cramer reported that Kudlow, a longtime CNBC senior contributor and on-air personality, is the leading contender to take over as director of the National Economic Council. Kudlow, a former Wall Street economist and free trade advocate, would take the job if Trump offered it, Cramer also reported.
Kudlow criticized Trump's decision to slap tariffs on steel and aluminum imports, and lamented that Cohn left the White House, However, Kudlow applauded the administration's decision to give tariff exemptions to Canada and Mexico.
In his remarks Tuesday, Trump said he would welcome disagreement from Kudlow.
"We don't agree on everything, but in this case I think that's good," Trump said. "I want to have different opinions. We agree on most. He now has come around to believing in tariffs as a negotiating point."
Trump has tied the exemptions for Mexico and Canada to ongoing negotiations over the North American Free Trade Agreement, which the president has threatened to scrap unless the U.S. can secure what he sees as a better deal.
Kudlow declined to comment on Monday's report from Cramer.