Chinese officials will be in Washington on Wednesday 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
North Korea said on Sunday its intention to denuclearize, unveiled at a historic inter-Korean summit, was not the result of U.S.-led sanctions and pressure, warning the United States not to mislead public opinion.
Impoverished North Korea has been hit by a series of U.N. and U.S. sanctions in recent years in a bid to rein in its nuclear and missile programs.
North Korean leader Kim Jong Un and South Korean President Moon Jae-in vowed "complete denuclearization" of the Korean peninsula in the first inter-Korean summit in more than a decade on April 27, but the declaration did not include concrete steps to reach that goal.
The North's official KCNA news agency said Washington was "misleading public opinion" by claiming the denuclearization pledge was the result of sanctions and other pressure.
The United States should not "deliberately provoke" the North by moving to deploy strategic assets in South Korea and raising human rights issues, KCNA said, citing a foreign ministry spokesman.
"This act cannot be construed otherwise than a dangerous attempt to ruin the hardly-won atmosphere of dialogue and bring the situation back to square one," the spokesman was quoted as saying.
It would not be conducive to resolving the issue of denuclearization if Washington miscalculated North Korea's "peace-loving intention" as a sign of weakness and continued to pursue its pressure and military threats, KCNA said.
U.S. President Donald Trump, who plans to meet Kim over the next few weeks, has said he will maintain sanctions and pressure on the North and "not repeat the mistakes of past administrations" and has said his tough stance had led to the breakthrough.
Trump told the National Rifle Association's annual convention in Dallas on Friday that he had toned down his rhetoric in anticipation of the talks after labeling Kim "Little Rocket Man" last year and threatening him with "fire and fury".
Moon said Trump deserved a Nobel Peace Prize for his efforts to end the standoff with the North.
The White House said that Trump's national security adviser, John Bolton, met his South Korean counterpart, Chung Eui-yong, on Friday and both said there were no plans to change the U.S.–South Korea bilateral defense posture.
North and South Korea are technically still at war because their 1950-53 conflict ended in a truce, not a peace treaty. South Korea said U.S. troops need to stay in the area even after a peace treaty is concluded to replace the armistice.
The United States stations 28,500 troops in South Korea, a legacy of the war.