Chinese officials will be in Washington on Wednesday to hold consultations with the U.S. ahead of high-level trade talks in October.World Economyread more
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
After a series of setbacks on the road to an initial public offering, the parent company of real estate start-up WeWork is delaying the move, sources told CNBC Monday.Technologyread 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
"In the old days, the averages would've plunged on this kind of oil shock. I know because I've lived through a bunch of them, starting in 1973," Jim Cramer says.Mad Money with Jim Cramerread 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
The meeting comes amid months of stalled trade talks between Washington and New Delhi, resulting in both sides taking retaliatory measures.Asia Politicsread more
Yet another patent application by Apple in the buzzing field of augmented reality (AR) came to light Thursday. But according to analysts CNBC spoke to, new technology such as AR-enabled glasses could be a while down the road.
The patent, filed under Apple's acquisition Metaio, refers to technology in which points of interest viewed through a smartphone can be enhanced with AR. This could have application on say, guided tours, with AR-geared wearable technology recognizing buildings and adding in information to further inform users.
Apple has been adding to its trademarks in the AR space.
Ian Fogg, head of mobile at analysis firm IHS Markit, told CNBC via telephone that the patent was part of Apple's "incredible thrust forward" in AR.
But he didn't think it meant that any new AR-dedicated hardware releases soon. "Apple like to wait until there's a polished product that delivers a good experience," Fogg explained. Nascent AR technology across the board still suffers from bumps that need to be smoothed out, including causing motion sickness, draining battery life and not providing a wide enough field of vision.
Ben Wood, mobile analyst at CCS Insight, told CNBC via telephone that Apple is "more of a follower than a leader" in new technology areas including AR, and has a degree of nervousness about possible risks associated with the technology. But, "Apple has the potential to be the market maker in AR" when it does take the plunge, he added.
German AR-specialist Metaio was acquired by Apple in 2015 and has been linked to the Silicon Valley giant's upcoming release of new software ARKit, a set of tools based on its existing operating system designed to help app builders easily introduce AR into their work.
Apple CEO Tim Cook is famously enthusiastic about AR, which he described as a "core technology" in an interview with the Independent in February 2017. "I regard it as a big idea like the smartphone," he added.
Apple's patent application was filed in April earlier this year, but has a history dating back to 2013, according to Patently Apple.
Filing a patent does not necessarily guarantee that a product is going to come to market.