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
U.S. government yields held steady on Wednesday after the Federal Reserve's latest meeting minutes showed central bank members believe that a "limited amount" of interest rate hikes will be needed in the future.
Fed members conceded in their December meeting that the central bank's policy path is "less clear" after approving the fourth and final interest rate hike in 2018. The central bank's latest meeting minutes showed some members hesitant about the December hike given a lack of more robust inflationary pressure.
Fed Chairman Jerome Powell assuaged investor concerns last week when he said that the central bank will remain data dependent when considering adjustment to the reduction of its enormous balance sheet and additional increases to the federal funds rate.
The minutes "were dovish -- particularly for a meeting at which the Fed tightened," Ian Lyngen, head of U.S. rate strategy at BMO Capital Markets. "Less clarity on the timing of future rate hikes and the usage of 'patient' made it evident that some policy rethink is underway at the Fed -- perhaps 'Santa Pause' was in DC last month after all."
The statement following the Fed's December meeting substituted the phrase "the Committee expects that further gradual increases" would be appropriate, with "judges that some further gradual increases" are coming. Using "judges," the minutes noted, was a gesture to markets of how the Fed plans to be data dependent.
Powell pledged during a panel discussion last week that the U.S. central bank "will be patient" with monetary policy. Investors, increasingly on edge over the possibility of a global slowdown, had feared the institution may be hiking interest rates too fervently.
Discussions between Washington and Beijing over trade concluded on Wednesday. U.S. Under Secretary of Agriculture for Trade and Foreign Agricultural Affairs Ted McKinney said earlier on Wednesday that he thought negotiations "went just fine." He added: "."
The positive tone around the trade talks also boosted stocks, as the Dow Jones Industrial Average gained more than 100 points. Investors had fled to fixed income assets in previous weeks for safety as equity markets plunged amid fears of a potential slowdown in global economic growth.