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
Democratic Sen. Sherrod Brown, a noted Wall Street critic seen as a supporter of blue collar workers, will not run for president next year, he announced Thursday.
The Ohio lawmaker said he will instead focus on labor issues as he tries to help a Democratic presidential candidate defeat President Donald Trump. Brown, who has recently traveled around the country on a "Dignity of Work" tour, added that he will push 2020 Democratic candidates to focus on boosting workers.
"I will keep calling out Donald Trump and his phony populism. I will keep fighting for all workers across the country," the senator said in a written statement. "And I will do everything I can to elect a Democratic President and a Democratic Senate in 2020. The best place for me to make that fight is in the United States Senate."
Brown's decision takes one potentially viable candidate from the race to challenge Trump next year. The senator, 66, has long catered to some of the blue-collar voters Trump appealed to in 2016. He could have challenged the president in Ohio, a state every presidential election winner has carried since 1964.
Brown has slammed free-trade deals for sapping Americans jobs and criticized U.S. manufacturers for moving operations overseas. He has called for tighter regulation of Wall Street and stronger consumer protections.
The senator is seen as a progressive on numerous economic issues, but more centrist than many Democratic presidential candidates on other policies. For instance, he has not backed "Medicare-for-all" or a Green New Deal, recent liberal policy priorities.
It is unclear exactly how Brown's absence from the race will affect other primary contenders, both declared and undecided. He could have conceivably sapped support from former Vice President Joe Biden or Sen. Amy Klobuchar, D-Minn., who have occupied a more centrist lane and will try to appeal to Midwestern voters. Brown also could have competed for supporters of Sen. Elizabeth Warren, D-Mass., or Sen. Bernie Sanders, I-Vt., who have drilled into labor issues and keeping big banks in check.
Widely followed elections forecaster Nate Silver of FiveThirtyEight tweeted that Brown's decision probably most helps candidates vying for support in the Midwest. He pointed to Klobuchar and potentially Biden, South Bend Mayor Pete Buttigieg and former Rep. Beto O'Rourke (who has not decided whether to enter the race).
He also said Brown's absence could give Sanders less competition in trying to gather support from organized labor.
Various early 2020 Democratic primary polls have showed Biden, Sanders, Sen. Kamala Harris, D-Calif. and Warren near the front of the pack. Biden has not yet declared whether he will launch a campaign.
Brown's "Dignity of Work" tour took him to several early primary states such as Iowa and New Hampshire. His ability to challenge Trump in his home state was seen as a key selling point in 2020.
In November, Brown comfortably won his third Senate term, even as Republicans kept control of the governor's office.