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
The ballot comes at a precarious time for the country's longest serving prime minister, with the right-wing incumbent facing formidable challenges.World Politicsread more
Saudi Arabia's defense spending is the world's third-largest — behind the U.S. and China, says Gary Grappo, former U.S. ambassador to Oman.Energyread 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
North Korea said Saturday it has suspended nuclear and long-range missile tests and plans to close its nuclear test site.
The North's official Korean Central News Agency said the country is making the move to shift its national focus and improve its economy.
The North also vowed to actively engage with regional neighbors and the international community to secure peace in the Korean Peninsula and create an "optimal international environment" to build its economy.
President Donald Trump welcomed the news, saying it signals progress and that he looks forward to an upcoming summit. North Korean leader Kim Jong Un and Trump have agreed to meet sometime in May or June.
The announcements came days before North Korean leader Kim Jong Un is set to meet South Korean President Moon Jae-in in a border truce village for a rare summit aimed at resolving the nuclear standoff with Pyongyang.
A separate meeting between Kim and U.S. President Donald Trump is anticipated in May or June.
The North's decisions were made in a meeting of the ruling party's full Central Committee which had convened to discuss a "new stage" of policies.
The Korean Workers' Party's Central Committee declared it a "great victory" in the country's official "byungjin" policy line of simultaneously pursuing economic and nuclear development.
The committee unanimously adopted a resolution that called for concentrating national efforts to achieve a strong socialist economy and "groundbreaking improvements in people's lives."
"To secure transparency on the suspension of nuclear tests, we will close the republic's northern nuclear test site," the party's resolution said.
The agency quoted Kim as saying during the meeting: "Nuclear development has proceeded scientifically and in due order and the development of the delivery strike means also proceeded scientifically and verified the completion of nuclear weapons.
"We no longer need any nuclear test or test launches of intermediate and intercontinental range ballistic missiles and because of this the northern nuclear test site has finished its mission."
North Korea's abrupt diplomatic outreach in recent months came after a flurry of weapons tests, including the underground detonation of a possible thermonuclear warhead and three launches of developmental intercontinental ballistic missiles designed to strike the U.S. mainland.
Some analysts see Kim as entering the upcoming negotiations from a position of strength after having declared his nuclear force as complete in November. South Korean and U.S. officials have said Kim is likely trying to save his broken economy from heavy sanctions.
Seoul says Kim has expressed genuine interest in dealing away his nuclear weapons. But North Korea for decades has been pushing a concept of "denuclearization" that bears no resemblance to the American definition, vowing to pursue nuclear development unless Washington removes its troops from the peninsula.