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
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
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
Bridgewater Associates founder Ray Dalio, who runs the world's largest hedge fund, believes investors should not just chase the latest hot trend.
The fund manager shared his top two pieces of advice for investors during a Reddit "Ask Me Anything" question and answer session Thursday. He cited the importance of diversification and analyzing the valuation of investments.
"First, know how to balance your portfolio so that you don't have any systematic bias toward bull or bear markets in anything," he wrote. "Second, don't make the mistake of thinking that investments that have been good over the past few years [will continue] Rather than more expensive investments .. think about how to rotate your portfolio to buy that which is cheap and sell that which is expensive."
Dalio also emphasized the importance of building relationships over focusing on academic pursuits. He said real-life experiences are the best teacher versus the class room.
"I don't think you learn the most from an MBA anyway. And I do think you learn a lot from the most basic experiences. You can work yourself up from running a little store or other simple experiences," he said. "When I look back on my life and the various accomplishments I've made and impacts I've had, the most important source of happiness for me has been the wonderful relationships I've had."
In a similar fashion, the investor told a student how to get the most out of his or her college experience.
"Party like crazy and don't make the grades your highest priority. Make the friendships and your experiences most important," Dalio wrote.
Bridgewater currently manages about $160 billion, according to its website. Dalio started the firm in 1975 out of his two-bedroom apartment in New York City. He is now worth an estimated $17.4 billion, according to Forbes.