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
Gas prices could rise by about 20 cents per gallon "starting tomorrow," oil analyst Andy Lipow says Monday.Oil and Gasread more
President Donald Trump has received what the White House said is a "very warm, very positive letter" from North Korean leader Kim Jong Un, requesting a follow-up meeting with Trump after the summit in Singapore earlier this year.
"The primary purpose of the letter was to request and look to schedule another meeting with the president," White House press secretary Sarah Huckabee Sanders told reporters at the press briefing Monday. It was a request, she said, "which we are open to and already in the process of coordinating."
Talk of another Trump-Kim meeting initially seemed like an about-face for Trump, following the president's abrupt decision in late August to cancel a planned trip to North Korea by Secretary of State Mike Pompeo.
At the time, Trump tweeted, "I have asked Secretary of State Mike Pompeo not to go to North Korea, at this time, because I feel we are not making sufficient progress with respect to the denuclearization of the Korean Peninsula."
Asked by reporters on Monday what had changed in the three weeks since Trump canceled Pompeo's trip, Sanders cited a recent parade in Pyongyang. The annual parade has traditionally featured a display of intercontinental ballistic missiles, an obvious nod to North Korea's nuclear weapons program. This year, however, there were reportedly no ICBMs at the parade.
"The recent parade in North Korea, for once, was not about their nuclear arsenal," Sanders said, adding that the letter from Kim was "further evidence of progress" in the Trump administration's goal of denuclearizing the Korean Peninsula.
But there are still serious issues standing in the way of further progress on North Korea. Notably, a new report from NBC News on Monday featured an assessment from intelligence officials that Kim is indeed still making nuclear weapons.
Citing U.S. intelligence officials, NBC also reported that North Korea is escalating its efforts to hide certain nuclear facilities, possibly to keep satellite images from revealing activity taking place there. The country is also moving nuclear warheads between various facilities, according to the officials.
The hardening intelligence assessment comes less than three months after Trump held a historic summit with Kim in Singapore in June, after which the president tweeted, "There is no longer a Nuclear Threat from North Korea."