Mnuchin told CNBC that he's confident President Donald Trump and President Xi Jinping can make progress in stalled trade talks.World Economyread more
U.S. stock index futures jumped Wednesday morning after Treasury Secretary Steven Mnuchin told CNBC that the U.S. and China were almost there on a trade deal.US Marketsread more
President Donald Trump's administration hopes additional sanctions on Iran will force the country to negotiate.Politicsread 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
Mortgage application volume was 40% higher than a year ago, largely because lower rates are strengthening the refinance market.Real Estateread more
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
Bitcoin surged as high as $12,919 in early morning trade Wednesday, to its highest level since January 2018.Technologyread more
AbbVie's deal to buy Allergan for about $63 billion is a "nice exit from a tough situation," RBC Capital Markets analyst Randall Stanicky says.Biotech and Pharmaceuticalsread more
Omada Health just raised $73 million at a valuation of around $600 million as it seeks to expand its digital health offerings.Technologyread more
Chevy is just rolling out an all-new version of its heavy-duty Silverado with the new High Country trim package that could become the first U.S. pickup to top $100,000, Chevy...Autosread 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
There's something everybody is forgetting about the iPhone 8: It's not just about the hardware.
Check most analyst notes over the past several months and you'll find discussions about bright and colorful new OLED screens that are coming to the high-end iPhone 8.
Or you'll read about new 3D sensors that can detect a user's face to unlock the phone, ending the need for a fingerprint in order to gain access. Still other reports mention wireless charging, which will give users the option to drop their iPhones on a small pad to charge it, with no need to seek a power outlet.
There's a lot of exciting hardware to look forward to, it seems. Except most of that hardware is already available on other devices, such as the Galaxy S8 and Galaxy S8+.
But Apple knows hardware isn't the only thing that's important in smartphone design. It's not just about a sharp display or a fancy new sensor that can recognize faces. Apple sells a package deal that includes great hardware, great software and a great experience.
It's why people continue to buy new iPhones, even between new launches, and why they don't care about raw hardware specs.
Here are a couple ways we can expect the iPhone 8 to wow users, even if many of the hardware features are already available elsewhere.
First, Apple often takes features that are already in the market and implements them in a better way.
For instance, Motorola launched a fingerprint reader on the Motorola Atrix, a phone sold through AT&T, way back in 2011.
The reason nobody remembers that fingerprint reader is because it was awful at recognizing a fingerprint. It was barely usable and served little function except to unlock the phone.
Then Apple introduced a fingerprint reader, dubbed Touch ID, in 2013 and suddenly every phone on the market was shipping with one. The difference? Apple's Touch ID worked, and it was tied to Apple's services. A working fingerprint reader drew awe from its users.
Or, for another example, Apple Pay wasn't the first mobile payments solution. Android Pay and others preceded it — including one with the unfortunate name of "Isis" created by several U.S. carriers — but Apple's worked. Plus, it tied in with Touch ID so you could use your fingerprint to verify your identity before making a payment.
Equally important, people can use Apple Pay through Apple's built in Wallet app, but that app does other useful things as well, like storing airplane boarding passes and Dunkin Donuts gift cards.
So imagine how Apple's software might improve the hardware features it's reported to be including in the iPhone 8.
With wireless charging, perhaps you'll be able to check the status of your iPhone charge remotely from a Mac or Apple Watch. Or imagine a wireless charging pad in your car that simultaneously syncs your phone with the car.
Or, think about how face detection could evolve. If I smile, for example, perhaps the phone would not only unlock but also prepare to take a selfie. Or maybe it can turn that smile or frown into a custom emoji.
The point is, Apple doesn't just take a piece of hardware off the shelf and toss it in a phone for kicks and giggles — any manufacturer can do that. It takes hardware, software and (increasingly) services, and tries to stitch them together into useful experiences.
iOS 11 will introduce support for augmented reality (AR) applications, thanks to new ARKit developer tools introduced in June.
Apple's betting this is going to be a big deal — CEO Tim Cook recently told CNBC that AR will make the iPhone "even more essential " for people's lives.
You might soon be able to use your iPhone as a "virtual" tape measure to measure an item, for example. A teacher might drop a gorilla into the classroom while teaching students about animals, or a professor might do the same with a 3D beating heart, floating in space only viewable through the screen of an iPhone.
This isn't new.
Google's "Project Tango" envisions the same use-cases, but only two companies, Lenovo and Asus, have embedded the functions into new smartphones. Lenovo's is the only one to make it to market to date.
The difference is that, thanks to ARKit, millions of iPhones will gain this functionality with no additional hardware required.
So while you may hear folks say "my phone can already do that" between now and September, that doesn't necessarily mean Apple is playing catch-up to what other smartphones already offer.
History tells us Apple tends to lead by refining existing functions. In September, we'll learn how.