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
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
India is looking to take a giant leap in its space program and solidify its place among the world's spacefaring nations with its second unmanned mission to the moon, this one aimed at landing a rover near the unexplored south pole.
The Indian Space Research Organization plans to launch a spacecraft using homegrown technology on Monday, and it is scheduled to touch down on the moon Sept. 6 or 7. The $141 million Chandrayaan-2 mission will analyze minerals, map the moon's surface and search for water.
It will "boldly go where no country has ever gone before," ISRO said in a statement.
With India poised to become the world's fifth-largest economy, the ardently nationalist government of Prime Minister Narendra Modi is keen to show off the country's prowess in security and technology.
India successfully test-fired an anti-satellite weapon in March, which Modi said demonstrated the country's capacity as a space power alongside the United States, Russia and China. India also plans to send humans into space by 2022, becoming only the fourth nation to do so.
The country's ambitions are playing out amid a resurgent space race.
The U.S. — which is marking the 50th anniversary this month of the Apollo 11 mission that made Neil Armstrong and Buzz Aldrin the first humans on the moon — is working to send a manned spacecraft to the lunar south pole by 2024. In April, an unmanned Israeli craft crashed into the moon in a failed attempt at the first privately funded lunar landing.
Decades of space research have allowed India to develop satellite, communications and remote sensing technologies that are helping solve everyday problems at home, from forecasting fish migration to predicting storms and floods.
India's first lunar mission, Chandrayaan-1, whose name is Sanskrit for "moon craft," orbited the moon in 2008 and helped confirm the presence of water. In 2013-14, India put a satellite into orbit around Mars in the nation's first interplanetary mission.
Some have questioned the expense in a country of 1.3 billion people with widespread poverty and one of the world's highest child mortality rates. But author and economic commentator Gurcharan Das said that the cost of the second moonshot is small compared with India's overall budget and that the project could have a multiplier effect on the economy.
He called on India to get the country's private sector more involved in research and development, which he said could yield "huge benefits" beyond the realm of space travel.