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 sector this year, spiked on 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
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 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
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
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
Walmart said Monday it's relaunching the once-beloved trendy New York fashion brand, Scoop NYC, on its website nationwide and in select stores.Retailread more
Gas prices could rise by about 20 cents per gallon "starting tomorrow," oil analyst Andy Lipow says Monday.Oil and Gasread more
An oil processing facility at Abqaiq and the nearby Khurais oil field was attacked on Saturday.Marketsread more
The subpoeana from Manhattan District Attorney's Cyrus Vance Jr.'s , for President Donald Trump's tax returns, was issued last month to Trump's accounting firm, Mazars.Politicsread more
Snap, the maker of Snapchat, announced a new slate of "creator shows" featuring stars of the YouTube generation like FaZe Banks and Emma Chamberlain — and some names that might be more universally known, like Serena Williams.
The announcements come as online video conference Vidcon kicks off Wednesday in Anaheim, featuring big-name YouTubers and internet stars like Liza Koshy, David Dobrik and Rhett & Link. Facebook also announced ways it's trying to court creators with new updates to how they can make money on the site, and hosted its own "Creator Day" in Malibu Tuesday.
As younger generations flock to online content, the major social media platforms are trying to court creators and their massive audiences. Snap launched more than 50 shows and publisher stories during Q1 2019 and saw ad formats like unskippable ads on its original shows help boost revenue growth in the period, Reuters reported in April.
Snap's shows begin airing Wednesday and feature creators including Emma Chamberlain, Loren Gray, FaZe Banks and Baby Ariel. Stars with perhaps a more mainstream audience will have shows too, like Serena Williams, Arnold Schwarzenegger and Kevin Hart.
According to a Snap spokeswoman, the time spent watching Snapchat Shows every day more than tripled over the last year, although the company hasn't provided more specific viewing stats. Those "Shows" are meant to feature visual, short-form storytelling and can be viewed on Snapchat's Discover page.
The new creator shows will include "Glow Up with Loren Gray," which will include advice and beauty tutorials and "Rules of Success with Arnold Schwarzenegger," which will feature motivational advice. Some of the shows aren't named yet.
Disclosure: CNBC parent NBCUniversal is an investor in Snap.