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
President Donald Trump has offered to meet North Korea's Kim Jong Un at the demilitarized zone that separates the communist dictatorship from South Korea, after he wraps up talks at the G-20 summit in Japan.
Trump said he would meet with Kim at the border between the North and South "just to shake his hand and say Hello(?)!"
North Korea responded on Saturday, saying the proposal was "a very interesting suggestion," but added that Pyongyang had not received an official proposal, according to the official KCNA news agency.
The country's first Vice Foreign Minister Choe Son Hui reportedly said: "I am of the view that if the DPRK-U.S. summit meetings take place on the division line, as is intended by President Trump, it would serve as another meaningful occasion in further deepening the personal relations between the two leaders and advancing the bilateral relations." DPRK refers to North Korea's official name, the Democratic People's Republic of Korea.
President Trump is currently in Japan for the G-20 summit, where he plans to meet with Chinese President Xi Jinping to discuss trade tensions between Beijing and Washington. He is scheduled to visit South Korea after the summit.
Before setting off for Asia, Trump sent a letter to Kim. The White House confirmed that correspondence between the two leaders was ongoing, despite the collapse of talks at a summit in Vietnam in February.
According to North Korean state media, Kim called the letter "excellent" and said he would "seriously contemplate its interesting content."
No details, however, were provided by the White House or North Korea about the content of that letter.
After confirming the letter was indeed sent, Secretary of State Mike Pompeo said U.S.-North Korea relations were in a "better place" and expressed hope that working level talks with Pyongyang can begin again soon.
"I'm hopeful that this will provide a good foundation for us to begin to continue these important discussions with the North Koreans to denuclearize the peninsula," Pompeo said last weekend.
Trump has met face-to-face with Kim at two summits, first in Singapore and most recently in Vietnam, in an effort to get North Korea to abandon its nuclear weapons program.
The Vietnam summit ended without an agreement after the two sides were unable to bridge their differences. North Korea had sought an end to sanctions while Trump reportedly passed a note to Kim demanding that he turn over his nukes.
After the failed summit in Vietnam, North Korea started test firing missiles again. White House national security advisor John Bolton said Pyongyang had violated a U.N. Security Council resolution.
Trump, however, downplayed those tests and expressed confidence the two sides could still reach a deal, saying that Kim would not break his promises.