Stocks should rally if the U.S. and China agree to new negotiations and a ceasefire in the trade war, but the economic impact of tariffs will continue.Market Insiderread more
The trade war between Beijing and Washington appears to have depressed Chinese property purchases in the United States. China's own actions may also be playing a role.Real Estateread more
Tesla CEO Elon Musk sent out another email to his employees, pushing them to aim for a record number of vehicle deliveries to end the second quarter of 2019.Technologyread more
More than 300 companies are talking to government officials in Washington about how detrimental the trade war is.Marketsread more
Democrats want Mueller's testimony on his probe into Russian interference in the 2016 election and Trump's efforts to influence it.Politicsread more
The Senate is expected to pass its own version of the border aid legislation, while the Trump administration has threatened to veto both bills.Politicsread more
Some 4 million people have fled the South American country since 2015 amid an economic meltdown.World Politicsread more
Japanese designer Undercover posted on its Instagram account a photo of protesters with the slogan "no extradition to China," the Financial Times reported.China Politicsread more
Powell stresses the central bank's independence in a speech that comes amid continuous pressure from the White House to cut interest rates.The Fedread more
Stocks in Asia were tepid on Wednesday afternoon after U.S. Federal Reserve Chairman Jerome Powell tempered expectations for a potential interest rate cut.Asia Marketsread more
The purchase confirms Apple's continued interest in self-driving car software, and it will bolster Apple's engineering ranks with additional employees who can build autonomous...Technologyread more
Federal and state efforts to increase the minimum wage are misguided and pose serious risks to the economy and the job market, billionaire Sam Zell told CNBC on Wednesday.
"The tinkering with the minimum wage is a very dangerous game," the chairman of Equity Group Investments said in a "Squawk Box " interview. "You start talking about a $13 or a $15 minimum wage, and you're going to have robots that are operating McDonald's."
"If you double the cost, there's no question that everybody will figure out ways to use less people," Zell argued. "I think minimum wages have always been a poor substitute for economic policy."
The training experience and discipline gained from entry-level jobs at McDonald's or other service companies provide value to workers beyond just the wage they receive, he added.
—By CNBC's Matthew J. Belvedere