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
Gas prices could rise by about 20 cents per gallon "starting tomorrow," oil analyst Andy Lipow says Monday.Oil and Gasread more
Massachusetts can move forward with a lawsuit accusing credit reporting firm Equifax of failing to safeguard its databases or provide prompt notice of a breach that exposed the personal data of 147 million people, a state court judge has ruled.
Suffolk County Superior Court Judge Kenneth Salinger in Boston, in a decision made public on Wednesday, denied a motion by Equifax to dismiss a lawsuit Massachusetts Attorney General Maura Healey filed after the breach was disclosed in September.
Salinger wrote that the lawsuit stated a plausible claim that Equifax breached its legal duties to address all reasonably foreseeable risks to its data security and to implement reasonably up-to-date fixes to its software.
The lawsuit alleged that Equifax knew or should have known by March 2017 that a serious security vulnerability existed in computer code that the company used in its systems but failed to patch or upgrade its software to eliminate it.
As a result, hackers were able to access its databases and steal personal information, the lawsuit alleged.
"These allegations state a viable claim for violation of the data security regulations," Salinger wrote.
Equifax declined to comment.
The lawsuit is one of several legal challenges facing Equifax related to the data breach. It also faces class action lawsuits and investigations by the U.S. Federal Trade Commission and various state attorneys general.
The lawsuit that Healey filed in September is the only one by a state attorney general to date. The lawsuit seeks penalties and restitution as well as an order requiring Equifax to disgorge any profits it obtained during the breach.
In a statement, Healey, a Democrat, said her office was prepared to make its case in court to protect state residents and prevent future breaches.
"Today's order confirms that Equifax is not above the law and can be held accountable for violating the rights of Massachusetts consumers," she said.
Equifax in March said it expects costs related to its massive data breach to surge by $275 million this year, suggesting the incident could turn out to be the most costly hack in corporate history.
Equifax in court papers says that it is continuing to cooperate with the Federal Bureau of Investigation and other law enforcement agencies to investigate the breach and identify the hackers behind it.