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
There's no questioning how Donald Trump would rate the economy for his time in office. The president took to Twitter Friday amid renewed legal troubles to highlight a few things going right for the U.S.
"Our Economy is setting records on virtually every front - Probably the best our country has ever done. Tremendous value created since the Election," the president said in a tweet Friday. "The World is respecting us again! Companies are moving back to the U.S.A."
Since the election, the is up more than 33 percent, advancing a historic bull run that began in 2009. Unemployment has fallen to 3.9 percent to the around the lowest since 1969, and the economy expanded at a 4.1 percent pace last quarter.
"Target CEO raves about the Economy. 'This is the best consumer environment I've seen in my career.' A big statement from a top executive. But virtually everybody is saying this, & when our Trade Deals are made, & cost cutting done, you haven't seen anything yet!," Trump tweeted at 4:57 a.m. ET Friday.
The retailer's shares surged after reporting second-quarter results that beat on earnings, revenue and comparable store sales. Target also reported a huge jump in foot traffic.
The stock market barely reacted this week after news that two of Trump's former advisors face prison sentences. His longtime attorney Michael Cohen pleaded guilty to eight counts related to tax fraud, excessive campaign contributions, making false statements to a financial institution and unlawful corporate contributions. Former campaign chief Paul Manafort was found guilty Tuesday of five counts of tax fraud, two counts of bank fraud and one count of failing to file foreign bank account reports.
Cohen implicated the president in a scheme to silence two women from making public their claims about allegedly having affairs with Trump. But according to traders, the market right now expects Trump to avoid impeachment unless the special counsel Robert Mueller's investigation links Trump directly to collusion with Russia to sway the 2016 election.
In an interview that aired Thursday, Trump told Fox News that the stock market would tank if he were removed from office.
"If I ever got impeached, I think the market would crash. I think everybody would be very poor," the president said. "I got rid of regulations. The tax cut was a tremendous thing."