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
"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
Some operators are cashing in on the CBD craze by substituting cheap and illegal synthetic marijuana for natural CBD in vapes and edibles such as gummy bears, an AP...Health and Scienceread more
Chinese telecom giant Huawei fired a sales director arrested in Poland on charges of conducting espionage on behalf of China, The Wall Street Journal reported on Saturday.
Huawei, the world's second largest maker of smartphones, further distanced itself from the employee, Wang Weijing, by issuing a statement that he had brought the company into "disrepute." It added that the employee's actions "have no relation to the company," and stressed that it complies with the law in all countries.
Prior to the arrest, the employee was responsible for sales of technology to government customers in Poland, an important market for Huawei, the Journal reported.
The news might serve to heighten fears in Washington that Huawei is a threat to national security. Huawei has long denied that, stating that it hasn't been caught up in any spying allegations. Saturday's arrest might change that.
It's the latest high-profile criminal incident involving Huawei in recent months, and follows a week of bad press.
In December, the company's chief financial officer, Meng Wanzhou, was arrested in Canada on the request of the U.S. government, amid suspicions that she had circumvented sanctions against Iran.
The U.S. has been trying to undermine Huawei's influence, warning about possible ties to Chinese intelligence groups and restricting access to countries' next generation 5G networks. For its part, Huawei has said that it is owned by employees and operates independently of Beijing.
Huawei's troubles have been playing out against the backdrop of the U.S.-China trade dispute, which President Donald Trump has been attempting to negotiate with Chinese President Xi Jinping.