Chinese officials will be in Washington on Wednesday 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
Former Defense Secretary James Mattis was elected to the board of directors of the defense contracting giant General Dynamics on Wednesday, the company said.
"Jim is a thoughtful, deliberate and principled leader with a proven track record of selfless service to our nation," said Phebe Novakovic, the company's CEO, in a statement. "We are honored to have him on our board."
Mattis previously served on the General Dynamics board of directors before joining the Trump administration in 2017 to become the 26th secretary of defense.
Mattis, a Marine veteran, left the Trump administration in a shock resignation in December one day after President Donald Trump ordered the withdrawal of 2,000 U.S. troops from Syria.
The 68-year-old retired Marine Corps general, widely viewed as a stabilizing influence within the administration, wrote in his resignation letter that Trump had "right to have a Secretary of Defense whose views are better aligned with yours."
Before Mattis joined the Trump administration, he led the U.S. Central Command, the combat command responsible for the wars in Iraq and Afghanistan. Throughout his military career, Mattis was referred to as "Mad Dog" and "warrior monk."
He was known for his strategy, kinship with rank-and-file servicemembers, matter-of-factness and disdain for PowerPoint, which is recognized as the U.S. military's signature teaching tool.
General Dynamics, known for the M1 Abrams tank, is the sixth largest defense contractor in the world by sales.