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
"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
Gas prices could rise by about 20 cents per gallon "starting tomorrow," oil analyst Andy Lipow says Monday.Oil and Gasread more
Some operators are cashing in on the CBD craze by substituting cheap and illegal synthetic marijuana for natural CBD in vapes and edibles such as gummy bears, an AP...Health and Scienceread more
White House economic advisor Larry Kudlow said recent conversations with China "went very well."
"The phone call the night before last with Secretary Mnuchin and Lighthizer and Vice Premier Liu He went very well. That's important," Kudlow said Friday on CNBC's Squawk on the Street. "The phone lines have been open during this period and the negotiations have been proceeding."
Liu, China's top negotiator on trade, U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin held a phone call Wednesday and agreed to meet in early October for another round of negotiations.
"The deputies level [meeting] will continue in Washington later this month and from that deputies level meetings will come agenda and outline so the principles with meet [in] early October," Kudlow said. "I think this is terribly important."
A USTR spokesperson said earlier this week that both countries "agreed to hold meetings at the ministerial level in Washington in the coming weeks" and that deputy-level meetings would take place in mid-September "to lay the ground work for meaningful progress."
Many market participants and China insiders believe these new trade talks could lead to something substantial. The two countries have been engaged in a trade war for 18 months now. The meetings will follow the latest round of tariffs on billions of dollars' worth of goods from each country that took effect on Sunday.