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You stare at your smartphone all day. Soon, it will stare right back. Apple’s newest iPhone, which the company is expected to unveil Tuesday, will unlock using facial recognition. Sounds cool. But $1,000 worth of cool? (Cue Sean Parker.) —Megan Hess
Hurricane Irma weakens as it heads past Tampa, cutting damage estimates. By one estimate, the cost of total damages dropped to $49 billion from $200 billion earlier. Still, at least 5.6 million were without power, millions were displaced and as much as 15 inches of rain were forecast in what may yet go down as one of the worst storms in Florida’s history. The hurricane was America’s second major one in a week. U.S. stocks rose toward a record and the dollar strengthened on Monday.
Your next phone will probably cost $1,000. Apple will introduce its latest top-of-the-line iPhone on Tuesday, and even the cheapest model is expected to cost about $1,000. A few days later, Samsung’s Galaxy Note 8 goes on sale for a comparable amount. There’s a risk that even many longtime early adopters will balk at laying out four figures, including tax. Here’s what else to expect, including the iPhone X, at Apple’s biggest event in years.
“The greatest pain and suffering.” North Korea warned of retaliation if the United Nations Security Council approves a U.S. proposal for harsher sanctions. "The forthcoming measures to be taken by the DPRK will cause the U.S. the greatest pain and suffering it had ever gone through in its entire history," the state-run Korean Central News Agency reported, citing a statement from the country’s Ministry of Foreign Affairs.
Sixteen years later. “Not only did the world change,” President Trump said at a Sept. 11 memorial service at the Pentagon on Monday. “We all changed: Our eyes were opened to the depth of evil we faced.” He portrayed the threat of Islamist terrorism as historic in scale and signaled resolve to fight it.
If you cut avocado prices, they will come. The same day Amazon completed its acquisition of Whole Foods, it marked down items by as much as 43 percent. Those deep price cuts did more than bring a surge of publicity to the chain: It boosted customer traffic by 25 percent. The location data from Foursquare, culled from shoppers’ mobile devices, was compared with the same period a week earlier.
Are you on track for retirement? The answer you typically get from financial advisers is to save as much as possible, and online retirement calculators usually make just enough assumptions to be dangerous. Now comes United Income, a money manager backed by some of the biggest names in retirement, pitching big data as a solution.
HBO’s The Deuce is not just another ‘70s show. As The Wire does with the drug trade, The Deuce explores the sex trade through the various strata of society who converge at Times Square like the subway lines beneath it. Draped in polyester, the show—which debuted on Sunday— looks, sounds, and feels straight out of 1971, where it picks up, writes Alex Bhattacharji for Bloomberg Businessweek.