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 will attend the World Economic Forum's annual meeting in Davos, Switzerland, in January, the White House announced on Tuesday.
This will mark the second year President Trump will attend Davos. The president's attendance last year surprised many considering his "America First" platform, which seems to conflict with Davos' mission of promoting dialogue and cooperation between governments in an era of globalization.
January's meeting comes as the administration tries to manage rising tensions abroad. Among other issues, it is in the midst of negotiating to potentially end its trade war with China and trying to control immigration from Mexico and Central America.
The theme for the 2019 meeting is "Shaping a Global Architecture in the Age of the Fourth Industrial Revolution." A delegation of U.S. government leaders will travel with the president to Davos, including his daughter Ivanka Trump, who did not attend last year. Notably missing is top trade advisor Peter Navarro, known best for his hawkish views on China, who was also absent a year ago.
Here is the full U.S. delegation that will travel to Davos:
The Honorable Steven Mnuchin, Secretary of the Treasury
The Honorable Mike Pompeo, Secretary of State
The Honorable Wilbur Ross, Secretary of Commerce
The Honorable Alex Acosta, Secretary of Labor
The Honorable Elaine Chao, Secretary of Transportation
The Honorable Kirstjen Nielsen, Secretary of Homeland Security
The Honorable Robert Lighthizer, United States Trade Representative
The Honorable Linda McMahon, Administrator of the Small Business Administration
The Honorable Ivanka Trump, Assistant to the President and Advisor to the President
The Honorable Jared Kushner, Assistant to the President and Senior Advisor to the President
The Honorable Chris Liddell, Assistant to the President and Deputy Chief of Staff for Policy Coordination