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
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About "Consumed: The Real Restaurant Business"
There's nothing more glamorous than running a restaurant – but there's also nothing more difficult. For restaurateurs trying to earn their piece of the pie, the New York food scene is a ruthless, cutthroat jungle where the stakes are high, the margins are razor thin, and success is hard to come by. In a new primetime docu-series, "Consumed: The Real Restaurant Business," CNBC takes viewers behind –the -scenes of five very different restaurants in the ultra-competitive New York food scene, chronicling their every struggle and occasional triumph.
The 8 one-hour episodes will follow five businesses at a crossroads, fighting for their piece of a multi-billion dollar industry: famed NYC hotspot and budding empire The Meatball Shop; Melba's, a Harlem comfort food restaurant and neighborhood joint with national ambitions; Ann & Tony's, a multi-generational restaurant in the Bronx that's struggling to fill seats € and preserve its family legacy; Vermilion, an upscale restaurant hoping to win over the critical NY food press with an expensive re-launch; and Seamore's, a bold, but risky new seafood restaurant launching this summer.
The series follows the money as these hot and not-so-hot spots work tirelessly to make a place for themselves in the culinary landscape. Eating may be a pleasure, but making it in the New York restaurant scene is serious business.
CONSUMED 102: "It Takes Two" – Wednesday, May 20th at 10 PM ET/PT on CNBC
The co-owners of The Meatball Shop and Ann & Tony's face internal rifts, while Melba prepares to make the biggest bet of her career.
With CNBC in the U.S., CNBC in Asia Pacific, CNBC in Europe, Middle East and Africa, CNBC World and CNBC HD , CNBC is the recognized world leader in business news and provides real-time financial market coverage and business information to approximately 371 million homes worldwide, including more than 100 million households in the United States and Canada. CNBC also provides daily business updates to 400 million households across China. The network's 15 live hours a day of business programming in North America (weekdays from 4:00 a.m. - 7:00 p.m. ET) is produced at CNBC's global headquarters in Englewood Cliffs, N.J., and includes reports from CNBC News bureaus worldwide. CNBC at night features a mix of new reality programming, CNBC's highly successful series produced exclusively for CNBC and a number of distinctive in-house documentaries.
CNBC also has a vast portfolio of digital products which deliver real-time financial market news and information across a variety of platforms. These include CNBC.com, the online destination for global business; CNBC PRO, the premium, integrated desktop/mobile service that provides real-time global market data and live access to CNBC global programming; and a suite of CNBC Mobile products including the CNBC Real-Time iPhone and iPad Apps.Members of the media can receive more information about CNBC and its programming on the NBC Universal Media Village Web site at http://www.nbcumv.com/mediavillage/networks/cnbc/.