While markets await a Saudi update, investors are likely asking how the kingdom left itself so vulnerable, and what it means for the future.Energyread more
Of the recessions the U.S. has seen dating back to the early 1980s, none has come without an oil spike of at least 90%.Economyread more
An oil processing facility at Abqaiq and the nearby Khurais oil field was attacked on Saturday.Marketsread more
Energy stocks, one of the worst-performing sector this year, spiked on Monday after an attack on Saudi Arabia's heart of oil production Saturday sent oil prices soaring.Marketsread more
Shares of defense companies rose on Monday after the United States military was put on alert by President Donald Trump.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
Stocks fell on Monday amid fears that a surge in oil prices following an attack in Saudi Arabia could slow down global economic growth.Marketsread more
New research by the Digital Citizens Alliance shows how easy it is to buy illegal steroids and other appearance- and performance-enhancing drugs.Cybersecurityread more
GM shares were down nearly 3% Monday as analysts estimated the strike could cost GM tens of millions of dollars per day. The two sides resumed talks at 10 a.m. Monday...Autosread more
Amazon changed the algorithms that power its product-search system to favor products with higher profit margins, The Wall Street Journal reports.Technologyread more
Between 180 and 200 underperforming GameStop stores are set to shutter before the end of the fiscal year, and more could be on the way.Entertainmentread more
The chairman of the U.S. House Judiciary Committee said in a television interview on Monday that his panel will hold former White House counsel Don McGahn in contempt of Congress for not testifying.
"The first thing we are going to do we're going to have to hold McGahn in contempt," Jerrold Nadler, the House judiciary chairman, told CNN, adding that the full House would then move to enforce the contempt citation before launching court proceedings.
McGahn had been scheduled to testify in front of the committee on Tuesday, but late on Monday his lawyer said McGahn would not appear.
President Donald Trump had on Monday directed former White House counsel Don McGahn not to comply with a subpoena to testify about special counsel Robert Mueller's Russia report, intensifying a clash between the Trump administration and the House Democrats who subpoenaed McGahn to appear.
McGahn, who was scheduled to testify Tuesday morning, is cited more than any other witness in Mueller's report on Russian election meddling, possible conspiracy between the Kremlin and the Trump campaign, and possible obstruction by Trump himself.
He was subpoenaed in late April by the House Judiciary Committee to appear before that panel and answer questions, as well as hand over a slew of documents.
— CNBC's Kevin Breuninger contributed to this report.