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 sector this year, spiked on 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
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 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
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
An oil processing facility at Abqaiq and the nearby Khurais oil field was attacked on Saturday.Marketsread more
The subpoeana from Manhattan District Attorney's Cyrus Vance Jr.'s , for President Donald Trump's tax returns, was issued last month to Trump's accounting firm, Mazars.Politicsread more
While the UAW has rejected the offer and sent roughly 48,000 of its workers out on strike, the EV truck is widely expected to remain part of an eventual settlement.Autosread more
While markets await a Saudi update, investors are likely asking how the kingdom left itself so vulnerable, and what it means for the future.Energyread more
The new chief of the Federal Aviation Administration says he plans to test out Boeing's software changes to the 737 Max in a simulator.Airlinesread more
Shares of Alphabet fell Wednesday following a report that European Union officials will hit the company with a "negative result" and a fine of up to $11 billion for abusing its dominance through the Android mobile operating system.
The ruling from EU commissioner Margrethe Vestager could come within weeks, the Financial Times reported, citing unnamed sources. The exact penalty amount is unclear, but the commission has the authority to impose a fine of up to $11 billion.
Shares of Alphabet were down less than a percent immediately following the news after trading practically flat for much of the day.
It's one of three investigations launched by the EU into the U.S. tech giant, amid growing concerns around tech monopolies.
Alphabet warned investors last year that fines resulting from the EU's investigations could land in 2018. The company was previously fined a record $2.7 billion for using its dominance in search to unfairly point people to its own comparison shopping service.
The European Commission opened its investigation into Android in 2015, following a complaint two years earlier from the lobbying group FairSearch.
A 2016 document seen by Reuters said the EU competition enforcer planned to levy a large fine against the company and would order it to stop giving revenue-sharing payments to smartphone makers to pre-install only Google Search.
The company did not immediately return requests for comment from CNBC. EU officials declined comment to CNBC.
—Reuters contributed to this report.