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
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
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
Attack on Saudi oil facilities shows that 'risk is real', Chevron CEO Michael Wirth said on CNBC's "Closing Bell" Monday.Marketsread more
J.P. Morgan's chief quant says oil prices would start to hurt stock prices when they hit the $80 to $85 range.Market Insiderread more
American Airlines said Sunday it will cancel all Max flights through Aug. 19. On Friday, Southwest Airlines removed the Max jet from its schedule through Aug. 5. United had previously cancelled Max flights through June 5.
The widespread cancellations come after the Max's anti-stall software was implicated in two fatal crashes in Ethiopia and Indonesia since October.
United said that has tried to minimize the impact of the mid-March grounding by using other spare aircraft. But the peak summer travel season made those changes too difficult, the company said. The airline operates a fleet of 14 Boeing 737 Max 9 aircraft.
"Moving forward, we'll continue to monitor the regulatory process and nimbly make the necessary adjustments to our operation and our schedule to benefit our customers who are traveling this summer," United said.
Boeing has slowed production of the Max and plans to submit a software fix to the Federal Aviation Administration in the next couple weeks. Boeing's CEO said it's completed 96 flights totaling over 159 hours of air time with its new fix.
Investigators and lawmakers have scrutinized the airplane maker's software system malfunction, from the original design to the training and safety certifications.