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
More than 300 companies are talking to government officials in Washington about how detrimental the trade war is.Marketsread 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
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
Stocks in Asia were set to open lower on Wednesday after Federal Reserve Chairman Jerome Powell tempered expectations for a potential interest rate cut.Asia Marketsread more
In a text message, Grisham confirmed to CNBC that she will still be working for the first lady even as she takes on her new roles.Politicsread more
Acting Customs and Border Protection Commissioner John Sanders is resigning amid the furor over the Trump administration's treatment of migrant children.Politicsread more
NBC is taking the office back from Netflix as it seeks to bolster its own streaming service launching in 2020.Technologyread more
Wayfair employees plan to walk out tomorrow, after no action was taken in response to their opposition to the company supplying border detention camps with beds for children.Retailread more
Micron beat analyst estimates on earnings and revenue for its fiscal third quarter of 2019.Technologyread more
Omarosa Manigault Newman, who had been a senior advisor to President Donald Trump before her firing, was sued for allegedly failing to file required financial disclosures.Politicsread more
Artists have to produce a lot more content to keep up in today's streaming music industry, Grammy Award-winning singer Ashanti told CNBC on Wednesday.
"You have to continue to put out new records. It's way faster pace now. You can't really wait because there are so many other artists dropping different things, the consumer will get bored," she said on "Power Lunch. "
Streaming has transformed the industry and has led some musicians to push for streaming services to pay more money to artists.
Ashanti, whose full name is Ashanti Shequoiya Douglas, said she likes Jay-Z's service, Tidal, because it pays a little more.
"You have to put all of your eggs in different baskets. You want to be the artist that's on every single streaming service so that you can get the most amount of people involved and knowing and aware about your music," said Ashanti, who is also a songwriter, record producer and actor.
According to a report by Digital Music News, Tidal pays artists 0.01682 cent per play. Meanwhile, Spotify pays 0.00397 cent per stream, according to the report.
Spotify, which went public last month, reported first-quarter revenue of 1.14 billion euros ($1.35 billion) and a net loss of 169 million euros. The music service has a user base of 170 million, with 75 million paid subscribers.
Musicians have complained about the need for streaming services to pay more. Most notably, pop star Taylor Swift left Spotify in 2014 after complaining the company didn't pay artists enough. She returned in 2017 and also made her music available on Pandora, Amazon.com and Tidal. Her catalog had previously only been available on Apple's music service.
When asked if touring was the way to make money these days, Ashanti said: "Absolutely, for me 100 percent. You touch your fans. You make some money."
Ashanti's self-titled debut album came out in 2001 and won the Grammy Award for best contemporary R&B album.
— Reuters contributed to this report.