The economist thinks the Fed ought to pay more attention to financial markets when setting interest rates.The Fedread more
Kohl's, J.C. Penney and Nordstrom release disappointing earnings news, putting a damper on their sector.Retailread more
Bezos's comments give a rare glimpse into his interest in the auto industry. Amazon recently invested in two self-driving start-ups.Technologyread more
While investing often seems like a contrarian game where going against the flow feels like the better bet, the reality is that investors who bought the most-favored stocks...Hedge Fundsread more
Talks between the world's two largest economies have stalled after each nation lobbied higher tariffs on the other's imports.Traderead more
"Pretty much the entire suite of apps that 'talk' over the internet could be vulnerable," said Tom Uren, a senior analyst at the Australian Strategic Policy Institute's...Cybersecurityread more
A Chinese official in Hong Kong is urging the quick passage of legal measures to allow fugitives to be transferred to the mainland.China Politicsread more
GAC Motor said its delaying its launch in the U.S. but had no timeline when it could launch there.Autosread more
Shares in Asia were higher in Wednesday morning trade following a positive finish overnight on Wall Street, though trade tensions continued to linger between the U.S. and...Asia Marketsread more
See which stocks are posting big moves after the bell on Tuesday, May 21.Market Insiderread more
CBS plans to renew discussions for Starz with Lions Gate in the coming weeks, according to people familiar with the matter. If a deal happens, the remainder of Lions Gate...Technologyread more
Samantha Stephens, owner of OatMeals, an oatmeal bar in Greenwich Village, has transformed steel-cut oats from drab to delicious.
The shop, which opened in 2012, serves traditional additions to the basic breakfast like fruit, cinnamon and granola, but also quite a few unique alternatives. Peanut butter, truffle oil, soy sauce and pesto, among other ingredients, can be added to a bowl of hot oats at Stephens' shop.
"[Oatmeal is] really cool because it's a great vehicle for getting other great foods into your diet," Stephens told CNBC. "If you are eating oatmeal in the morning, you're probably going to throw some blueberries or pomegranate seeds or bananas on there. So you are sort of starting out your day making great decisions, getting all these other antioxidant-rich foods into your life and you'll probably make better decisions after that through the day."
Stephens, a former investment banker, wants consumers to look at oatmeal as something that can be eaten for lunch and dinner, not just breakfast. While the majority of her sales — about 300 bowls per day — are made during the mornings, oatmeal for lunch has started to catch on with New Yorkers.
"People are initially scared to try savory oatmeal with non-traditional toppings such as cheeses, bacon, pesto, truffle oil, Sriracha," she said, "but once they give it a try they are amazed and hooked."
Her creations caught the attention of Quaker, which named her their Creative Oatmeal Officer in 2013. Stephens assists the PepsiCo unit with recipe developments.
Success with services like UberEats, Caviar and Door Dash, among others, has allowed OatMeals to deliver to customers throughout Manhattan, a difficult feat for Stephens' in-house delivery team. It also indicates that there is demand for her product.
Stephens, who has seen sales at her shop grow 30 percent every year since its opening, is gearing up to franchise her business.
"I think OatMeals has a place in airports, college campus towns, all major cities, anywhere with heavy foot traffic, this works," she said. "Obviously here in Manhattan, it would be great to be in midtown or the financial district. I can't wait to expand."
Stephens' concept may be unique in that it serves only variations of oatmeal, but it was inspired by other shops that specialize in one specific item. There are dozens of shops in New York City that serve only variations of one product: from rice pudding and frozen yogurt to mac n' cheese and meatballs.
Connecticut-based Cheeseboy, a restaurant chain that focuses solely on grilled cheeses, has opened six locations in Massachusetts and Connecticut.
Stephens didn't say where she'd be opening up next, but keep an eye out. There could be an oatmeal bar headed to a city near you.