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 signaled Tuesday that he would take responsibility if the government shuts down next week over a fight for border wall funding. The top Democrats in Congress were more than happy to agree.
Senate Minority Leader Chuck Schumer and Nancy Pelosi, the likely next House speaker, made it clear after their explosive meeting with the president Tuesday that they would hold him to it if Congress and the White House can't reach a deal to fund the government by the end of Dec. 21.
Schumer and Pelosi told reporters after the meeting that they were prepared to let Trump take the hit after he said he would be "proud" to shut down the government over border security.
"The bottom line is simple. The president made clear that he wants a shutdown," Schumer said.
The New York Democrat was referring to remarks Trump made minutes earlier in the Oval Office.
"I am proud to shut down the government for border security," Trump said during a tense argument with Schumer and Pelosi as cameras rolled before the leaders' Oval Office meeting. Later, he added: "If we don't get what we want, one way or the other ... I will shut down the government, absolutely."
Trump has continued to insist on $5 billion for border wall funding, but Democrats have repeatedly pushed back on the request.
"We do not want to shut down the government. You have called 20 times to shut down the government. ... We don't," Schumer told Trump on Tuesday.
The GOP holds majorities in both houses of Congress, but Republicans have just 51 votes in the Senate and will need Democratic support to get to the needed 60-vote threshold to advance the spending legislation. The Democrats will gain control of the House come early January.
Later, the White House issued a readout of the meeting, saying: "Major disagreement remains on the issue of border security and transparency."
Trump has been pushing for a wall along the U.S.- Mexico border since his presidential campaign. He repeatedly claimed he would make Mexico pay for the wall. In California, the Trump administration has built at least eight border wall prototypes, including fences and concrete structures.
Still, voters appear in favor of a compromise from the president on his desired border wall funding for this next round of budget talks.
According to a new NPR-PBS NewsHour-Marist poll, 57 percent of Americans believe Trump should compromise on the border wall instead of shutting down the government. However, 65 percent of Republicans say they believe Trump should not compromise on the border wall, even if it means a government shutdown.