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
The open enrollment period for people to sign up for health insurance next year through the Affordable Care Act ends Saturday in most states, and signups are significantly down from last year.
While President Donald Trump didn't repeal and replace former President Barack Obama's signature health-care law, more commonly known as Obamacare, he was able to dismantle key parts of it that health policy researchers are blaming for much of the drop.
Sign-ups on the federal health insurance marketplace have fallen 11.7 percent from the same time last year, according to the latest figures from Centers for Medicare and Medicaid Services. The number of new people buying the coverage has dropped even more: 19.7 percent.
The lagging numbers also come as the future of the Affordable Care Act is uncertain. A federal judge in Texas ruled late Friday the law unconstitutional, potentially threatening health-care coverage for millions of Americans and setting up a new legal showdown over Obama's policy initiative. The lawsuit was backed by the Trump administration, and is likely to be appealed — which could mean the legislation will heard anew by the Supreme Court, which upheld Obamacare in a narrowly divided 2012 ruling.
Trump cheered the judge's decision in a tweet.
To be sure, the tight labor market is playing at least some role in lower Obamacare enrollment figures this season, health policy experts say.
Historically low unemployment, which was at 3.7 percent in November and October, is helping reduce dependence on the federal health program as more Americans are getting their health insurance from employers. And while Obamacare doesn't require small businesses to offer health coverage, more may now be doing so to attract and retain workers.
The ACA's final enrollment numbers won't be tallied until next week, but health policy experts say several key changes the Trump administration made to the ACA law are helping drive enrollment down this year.
One factor that health policy analysts say could be depressing enrollment for 2019 is the move by the Trump administration allowing people to remain longer in less-expensive short-term health plans, also sometimes referred to as "skimpy" plans.
The Obama administration had restricted the use of short-term plans — which as a rule offer less comprehensive coverage of benefits — to three months. But the Trump administration is allowing people to stay in short-term plans for up to 12 months. And it is allowing consumers to renew their coverage in such plans twice.
Some policy analysts predict those less-expensive plans could attract healthier customers than people who opt for the more expensive, and more comprehensive, Obamacare plans.
This enrollment season was also the first since Congress repealed the so-called individual mandate as part of Trump's tax plan. The mandate, which is still in effect for 2018, imposes a tax penalty on people without coverage. It was designed to persuade people to buy insurance instead of paying the extra tax, which came to the greater of $695 per adult or up to 2.5 percent of household income, depending on how many months an individual went without coverage.
At the time, Trump claimed the tax plan "essentially" repealed the health-care law, which was false.
But without the mandate, Obamacare exchanges were expected to see fewer sign-ups, especially from younger, healthier people who feel they may not need coverage, said Judy Solomon, a senior fellow at the Center on Budget and Policy Priorities, a Washington think tank.
The Obama administration spent $100 million for its advertising and promotional budget in its last year. The Trump administration then scaled back that budget by 90 percent to $10 million for this year's enrollment. The administration also steadily cut funding for so-called navigators, customer service representatives who walk people through the enrollment process.
Some researchers say it's affecting public awareness of the program and deadline to buy coverage. According to the most recent poll from the Kaiser Family Foundation, only 24 percent of Americans ages 18 to 64 are aware of the current open enrollment deadline.
Open enrollment ran for seven weeks this year in most states, much shorter than under the Obama administration. The Trump administration shortened that time period back last year. However, the Obama administration had planned something similar.