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
Dollar General beat analysts' estimates for quarterly same-store sales and profit on Thursday, as customers spent more on groceries, seasonal products and home goods at the discount retailer's stores, sending its shares up 6%.
The company has been lining store shelves with more private labels for health and beauty products among others, while also selling groceries and other items at lower prices in a bid to boost sales.
The retailer has been also revamping its stores. In 2019, it would open 975 stores and remodel 1,000 outlets with upgrades, including self-checkout lanes for shoppers who can just scan products and pay through the store app on their phones, the company said.
"We have a wide variety of initiatives and projects that we believe can help extend our growth trajectory over both the near and longer term," Chief Executive Officer Todd Vasos said in a statement.
The company kept its full-year forecast unchanged, accounting for any anticipated impact of increased tariff rates on certain products imported from China. The outlook, however, did not factor in any additional increases in levies.
The company reported a 3.8% rise in same-store sales, beating the average analyst estimate of a 2.88% increase, according to IBES data from Refinitiv.
Net income rose to $385 million, or $1.48 per share, in the first quarter ended May 3, from $364.9 million, or $1.36 per share, a year earlier.
Analysts were expecting the company to earn $1.39 per share.
Net sales rose to $6.62 billion from $6.11 billion, also beating expectations of $6.57 billion.