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
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
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
Attack on Saudi oil facilities shows that 'risk is real', Chevron CEO Michael Wirth said on CNBC's "Closing Bell" Monday.Marketsread 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
Apple will make its first shows available on Nov. 1 in 100 countries and regions and offer its family subscription for $4.99 per month, CEO Tim Cook announced. The company is offering a free year of Apple TV+ to customers who buy a Mac, iPhone or Apple TV, Cook said.
The ad-free subscription service, Apple TV+, was originally announced at Apple's press event in March. Apple brought out a slew of celebrities to introduce its star-studded slate including Oprah Winfrey, Reese Witherspoon, Jennifer Aniston, Steve Carell and Steven Spielberg. At the time, Apple said all of its original content would be available in its Apple TV app across iPhones, iPads, Macs and Apple TV boxes. It will also be available on third-party hardware like smart TVs and Roku devices.
The introduction to Apple TV+ comes as Apple has begun to shift its narrative from being the iPhone company to being a services company that can generate predictable, recurring revenue through subscriptions. While Tuesday's event does focus on new gadgets including an iPhone update, it's also training investors to understand the allure of its new subscription products.
Apple has spent heavily to beef up its content slate, according to recent reports. The company has spent over $6 billion on original TV shows and movies for the service, The Financial Times reported last month. But the company has also had some stumbles along the way. The company recently decided to drop an adapted drama series starring Richard Gere, Variety reported last week.
The company will be just one of several new players in the increasingly hot streaming space, joining Disney, AT&T's WarnerMedia and Comcast-owned NBCUniversal. It will take on others that have established their roles already, including Netflix, Amazon and Hulu.
Disclosure: Comcast is the owner of NBCUniversal, parent company of CNBC and CNBC.com.