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
Voters may have started to sour on what they consider the best part of President Donald Trump's White House tenure.
For much of Trump's presidency, Americans have broadly held glowing views of the economy — even as a majority of them disapprove of how he has handled his job overall. The good grades for Trump started to slip in recent weeks as fears about a looming recession crept into financial markets and pockets of the general public.
Concerns about a slowing economy have clearly worried Trump as he mounts his reelection bid. The president and top campaign officials see it as one of his best ways to appeal to voters and win another term in the White House in November 2020.
As his trade war with China and its potential for economic damage widened in recent weeks, Trump repeatedly described the economy as "great." He has accused the news media of rooting for a recession to derail his election hopes. The president has also downplayed recent polls, including this week's Washington Post-ABC News survey.
In a statement, White House spokesman Judd Deere said Trump's agenda has created a strong economy, pointing to better labor force participation, rising wages and high consumer confidence. He said "America is winning under this president."
The economy still could buoy Trump ahead of next year's election. Despite the drop in his approval rating on the issue, the president still gets relatively good marks from voters over his handling of the economy.
Although some metrics such as U.S. manufacturing have disappointed recently, jobs and GDP data show a still healthy economy. Consumer sentiment also sits at a level often associated with incumbents winning reelection.
Still, the worsening feelings about the economy may have contributed to a dip in how Americans feel about Trump overall. Widely followed election forecaster Nate Silver of FiveThirtyEight noted Tuesday that the president's approval in the site's tracking model had fallen to its lowest level since the partial government shutdown in December and January.
Silver tweeted that the slide "has persisted for a few weeks, and look like it may be due more to chronic (the economy) rather than acute (some particular news story) conditions." He said it "should probably cause some consternation among any rational people in the White House."
The White House and Trump campaign did not immediately respond to requests to comment on the recent polls.