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
Goldman Sachs is tracking ahead of its goal to generate $5 billion in additional annual revenue by 2020 as growth initiatives bear fruit, and sees opportunities to grow its businesses further, its new finance chief said on Monday.
The initiatives laid out last year have produced $2.5 billion so far in 2018, according to a presentation Chief Financial Officer Stephen Scherr gave at an industry event. He stopped short of increasing the target, but suggested Goldman could still do better.
"This is by no means the limit of the ambition of the firm," said Scherr, who plans to provide a strategic update in the spring.
The presentation marks the first under a new management team at Goldman Sachs. The bank is now led by a team of longtime dealmakers, including Chief Executive Officer David Solomon, who started on Oct. 1, Chief Operating Officer John Waldron and Scherr, who gave the presentation on his first day in the CFO role.
It showed Goldman making headway on plans to lend more to consumers and big businesses, with its fledgling digital bank, Marcus, now boasting 2 million customers. Goldman wants to grow market share and eventually become a "one-stop shop for financial well-being," according to Scherr's presentation.
Goldman is also working to improve core areas such as trading and asset management, and to squeeze more revenue from the investment bank where Solomon and his deputies built their careers.
That business has generated $40 billion in deal volume from new customers since Goldman launched its strategy in 2016.
Goldman shares were little changed on Monday morning, at $229.56, 13 cents down from Friday's close.