Chinese officials are expected to be in Washington this week to hold consultations with the U.S. ahead of high-level trade talks in October.World Economyread more
Saudi Arabia's defense spending is the world's third-largest — behind the U.S. and China, says Gary Grappo, former U.S. ambassador to Oman.Energyread 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
"I actually think it's more likely that President Trump hurts Apple more than" Chinese President Xi Jinping, Cramer said on "Squawk on the Street" on Wednesday. He said new tariffs on Chinese imports could really hit Apple.
Trump has been threatening to place tariffs on another $300 billion worth of Chinese goods, effectively the rest of China's imports in the United States, after increasing tariff rates last month on the $200 billion worth of Chinese goods already subject to punitive duties.
On Monday, Trump told to CNBC that if Xi does not attend the G-20 meeting later this month, he would pull the trigger on those additional tariffs.
Thus far, Apple feels that it has shielded itself from any immediate impact from the escalating U.S.-China trade and economic disputes.
"The Chinese have not targeted Apple at all, and, I don't anticipate that happening, to be honest," Apple CEO Tim Cook said in an interview with CBS News earlier this month. Though Cook admitted that more tariffs could eventually hurt sales, though he said he does not "anticipate it happening."
Cramer on Wednesday encouraged investors not to sell their shares of Apple, but said he understands wanting to take profits with the stock up 10% this month and the specter of trade as an overhang.
"I do think you can own it. Don't trade it," the "Mad Money" host said. "But I totally understand why someone might say, 'This has been a good run, I'm done.'"
While drifting down slightly in Wednesday afternoon trading, Apple shares on Tuesday logged a six-session winning streak.
In June, as of Tuesday's close, the Nasdaq surged nearly 5%, while Apple stock advanced double that since the last trading day of May.
Apple, along with tech stocks broadly, were slammed in the May market rout, which saw the Nasdaq lose 8.4%, in its worst monthly performance since December.