we have got live coverage from cupertino, california. i am here in front of the steve jobs theater in this is the seventh year that tim cook has been running the company. lots more to watch for, including potentially another phone, a lower price point. we will keep you posted >> we are moments away from the release of the federal reserve's -- i'm caroline hyde. let's get a check on the markets with a focus on apple, but right now we are looking at the s&p 500, dragged lower by 5%. we are unchanged across most of the indices. deals are unchanged today, but the two-year is falling, after seeing a rally in the 10 year after we had more auctions. the dollar down by 6/10 of a percent. we have heard it might fall as much as 30% over the next two years. caroline: and those beige book headlines crossing the headlines right now as the economy is expanding at a moderate pace with tight labor market conditions and rising input costs, partly due to trade disruption. so this is concern around the trade rhetoric and the trade war, and how it is playin

apple has officially unveiled its latest smartphone to line up with customer a found say in cupertino california the company says that the i phone ten s. and its biggest sibling the i phone ten s macs will be priced at nine hundred ninety nine dollars one thousand and ninety nine dollars respectively they're supposedly the fastest i phones ever liquid proof and i have the most secure facial sent to the cation technology ever contained in a small for apple's counting on how some profits for the i phone ten s macs five companies biggest phone display to date it also highlighted new health features for its next generation up a watch including one allowing users to take their an electrocardiogram and another text when a person forms. of financial course want to save sharansky is in new york let's catch up with her now sophie tell us what's been the response so far to apple's latest offerings. well this year's i'm veiling was rumored to be impressive even by ethical standards and so now after as if they meant i would say one i was on the new i phone and the ever on the watch the watch because this is

jo ling kent, nbc news, cupertino, california. >>> when we come right bag, the legendary tony bennett still going strong with a brand-new album. our spotlight is next. it )s vir breath away. a child out on a ledge. tonight, the stunning admission from police about how they responded. and a mail thief in action. why she may literally have the key to your mailbox too. next. >>> finally, our spotlight on an american treasure. tony bennett, a singer with a gift that appeals across generations now is hitting the road again with a brand-new album, and he tells harry smith how he's still going strong. ♪ wonderful >> reporter: two years north of 90 and tony bennett still sounds. ♪ you should care for me ♪ >> reporter: like vintage tony bennett. ♪ i left my heart ♪ in san francisco >> reporter: every phrase, every note, like a perfect brush stroke. he's recorded a new album with jazz star dianna crawl, they are old friends. the phone rings and someone is on the phone and says, how would you like to record an album of duets with tony bennett? and you say what? >> i will be there in five minutes

of course apple officially unveiling the latest smart phones with its customary fanfare in cupertino, californiathis is the iphone xs and xs max will be priced at $999 and $1099 respectively. for customers on a smaller budget they are offering the new xr at $750. they are supposedly the fastest ever, liquid proof, and most authenentic facial recognition technology evever contained in a smartptphone. it has the company's biggest phone display so far. it also has new health features for the next generation apple watch, including one that detects when a person falls. our financial correspondent sophie scimansky is in new york. tell us, what has been the response so far to apple's latest offering? sophie: this year's unveiling was rumored to be impressive even by apple standards. after the event i would say one eye was on the new iphone and the other on the watch, because this is where apple introduced big upgrades and it has a lot of upgrades to further grow -- potential to further grow. the iphone is still the most important and popular product. apple generated more than half of its revenue from i

john ford has a recap for us from cupertino, california. >> reporter: arthrothree now iphone x's and watch approved ev medicale that's what was announced. for the last couple years apple ngsn't been selli more iphones but has been able to charge more. the new lineup t will testt trend. the new iphone x is more expensive and more affordable. the xs max has a larger screen and price tag. but the entry level xr is less expensive. >> they take the size of what was an a plus and because of the way the screen is going edge to edge you hav what is going to look like the biggest screen that they have. is is a new effective size in terms of the screen. that could induce alsoome additional people to consider upgrading phones. >> ape's iphone makes about 60% of the company's revenue but the world's larst publicly traded company is looking for the next leg of growth in wearables. >> apple watch is not only the number one smart watch in the world it's the number one watch period. >> with the new series 4 watch a new electric card gram feature. ecg can detect irregular heartbeats. the chief operat

apple has unveiled its latest smartphone lineup with customary funfair in cupertino california the company says the i phone ten s. and its biggest sibling the i phone ten s. macs are the fastest i phones ever liquid proof and they have the most secure facial authentication technology ever in a smartphone apple is counting on hans and profits for the i phone ten s macs with the company's biggest phone display so far it also highlighted new health features for its next generation apple watch including one allowing users to take their own and make sure canio graham. this is due to be a new century is a reminder of the top stories we're following for you. the catholic church in germany says it is distressed and ashamed by the findings of a new report into the sexual abuse of children by priests the report found that clergymen had abused all raped nearly four thousand children over a seventy year period. well the leaders of pasta and present have been attending the state funeral of for my un secretary general kofi anon in ghana a man died in a swiss hospital last month at the age of eighty he w

applications so the example we use in the book is the mid-to thousands of very innovative company in cupertino california is coming up with what they think is a better cell phone and steve jobs has a vision that the mobile devices we are using our old school lousy. they just don't do anything and he comes up with something that costs a lot more but it's beautiful. it's sleek and it's sufficient and it does a million things the old phones don't do literally because he puts together phone but has today over 1 million mobile apps at the app store. he gives competitors in the google space getting the apple competition with its own version of this and all of this is because of the market. you see it in the tech sector today. the great ecosystems are developing all these new products whether he mobile phones are the applications on the networks to ride over them. it comes in because there is no central authority in the mother may i mandate gets to determine exactly what technology is used or what services are offered pretty good competition the marketplace. you get entrepreneurs being able to take their ideas

and apple has unveiled its latest smartphone lineup with customary found fair in cupertino california the company says the i phone tennis and its biggest sibling the i phone ten as macs are the fastest i phones ever liquid proof and they have the most secure facial authentication technology ever in a smartphone app list counting on handsome profits for the i phone ten as marks were the company's biggest phone display so far company also highlighted new health features for its next generation are paunch including one allowing users to take their own electrocardiogram. if you like this is bad news a deadly and uncurable bacteria has infested the all of industry in southeast italy fama devastated as the plague strikes down trees quickly and leaves fields unusable so far an area the size of over a thousand football pitches has been affected the number is likely to increase but there is hope in the form of a resistant all of tree. fastidious when it infects the tree it causes with the rain which ultimately results in the trees death it was first discovered three years ago and has decimated

and apple has unveiled its latest smartphone lineup with customary fanfare in cupertino california the company says the i phone ten s biggest sibling the i phone ten s macs are the fastest i phones ever liquid proof and have the post secure facial authentication technology ever in a smartphone app list counting on how some profits for the i phone ten s macs for the company's biggest phone display so far we can even reflect in is just a quick reminder of the top story we're following for you the catholic church in germany says it is distressed and ashamed by the findings of a new report into sexual abuse of children by priests the report found that clergyman had abused or rate nearly four thousand children over a seventeen year period and since d.w. news. alone. does the internet now for. young mind jungle is teeming with entertainment products and corsica and with every click big data gets bigger. our shopping carts also carry our secrets create our political soup but how. to do it next. enter the complex. fronting the powerful. my guest this week here in the cold east coast shows vice

model and another version made of cheaper materials.wednesday's event is being held at apple's cupertino, california darya ) for parents... keeping kids safe while heading to school is a top priority. a newly released study shows that some school zones in the bay area pose high threats when it comes to traffic and safety. "zendrive" recently studied 125-thousand schools across the country looking at schools zones and dangerous driving. zendrive gave j-m amador elementary in dublin an 'f.' in alameda county... several schools did not fair well.. the worst drivers near schools included livermore valley charter.. treeview elementary in hayward and ruus elementary school also in hayward. amador school district though says they work closely with police to improve safety. ( darya ) for more information on schools in your ne

hillary vaughn outside the apple headquarters in cupertino, california with the latest.illary. reporter: david, this is the second year in a row apple beat their own record-setting price for the iphone, unveiling the iphone x xs max. this is the iphone xs max. the reason why super user-friendly. display is bigger but size of a plus. real cool phone editing features. this wasn't available without additional software. you can bring the background from out of focus to super into focus while keeping the person in the photo clear. you can store up to 200,000 photos on your device. it takes the highest quality video of any smartphone ever. app speed is 30% faster. it also has esync technology which means you can have two phone numbers and sim cards on the device. this is little brother to the iphone x. tim cook closing out event the way to get iphone to more customers hands. delivering iphone x experience and edge to edge display like the iphone x but comes in wild colors we haven't seen on iphone before, including coral, yellow and red. probably the coolest perk, iphone xs is

to hillary vaughn at the apple event live in cupertino, california, where the faithful are still clearing out. what was that final comment from tim cook and the gang? reporter: tim cook said he wants to get an iphone into every customer's hand and they are doing that with the iphone xr, the budget-friendly sibling of the iphone x. only $749. with the iphone x experience that we know last year launched for $1,000. here's the other prices. we have the iphone xs max, the biggest display ever, also the most expensive iphone on the shelf now at $1,099. a step below that, the iphone xs at $999. compare that to the samsung galaxy note 9 that currently sells for $1250. they are saying this is the most advanced iphone ever, with the biggest display, but they are saying it's still super user-friendly. >> this is the biggest display ever on an iphone. 3.3 million pixels, 458 pixels per inch, you get. a lot of our customers have loved the plus-sized iphones. let's put that side by side. you can see the same size phone with a much larger display. reporter: it also has a full terabyte. you can score 20

model and another version made of cheaper materials.wednesday's event is being held at apple's cupertino, california ) thanks will. ( james ) still ahead on the kron 4 morning news... as hurricane florence takes aim at the carolinas... tropical storm olivia is soaking hawaii right now. this morning... we're tracking olivia live. ( james ) plus... a threat to kids in the east bay. the campuses that see the most dangerous drivers. ( james ) and next... it won't be easy... but if you have a toddler... you might to try having a conversation with them. how it could boost their brain power. ( john ) and i am tracking your bay area forecast. (ácommercialá) ( ♪ ) it's the details that make the difference. only botox® cosmetic is fda approved to temporarily make frown lines, crow's feet and forehead lines look better. it's a quick 10 minute treatment given by a doctor to reduce those lines. ask your doctor about botox® cosmetic by name. the effects of botox® cosmetic, may spread hours to weeks after injection, causing serious symptoms. alert your doctor right away as difficulty swallowing, speaking, breathin

we're outside apple's headquarters in cupertino, california it is apple's big day. the company is expected to unveil new hardware including the latest batch of its most valuable product, the iphone tim cook tweeting just a moment ago rise and shine, we are ready for a big day at apple park. john, what can we expect how much of this is about phones, the watch, services streaming and everything else? >> well, it's mostly about phones, carl let's be honest here apple sold more than $141 billion worth of iphones last fiscal year and that's massive but it's about more than phones now. i'm old enough to remember when the average selling price of an iphone was around $650 we could today see iphones well over $1,000 in price, which could potentially lift the average selling price of an iphone towards $900. we're getting to the point where the high-end iphone today could be like selling two iphones for apple and i think that's the core business question here is what's the story with the replacement cycle? we've been talking about it for years, how the replacement cycle has b

hillary vaughn is in cupertino, california at apple headquarters. hillary, fill us in. reporter: hey, trish. well apple debuting its biggest display iphone ever but is it the most expensive? we're still waiting to get that key price at the end of this. they're still rolling through some features. here is what i can tell you, iphone xs and iphone xs max. those are the two phones they're rolling out. it is the biggest display ever but the physical device is not bigger than a plus. which means you're getting a lot more bang for your buck. easy palm hand fill, it is not a larger device you're carrying around. iphone xs has edge to edge display but also the most durable glass ever in a smartphone. >> you are protected from dust and liquids to even higher level now. ip 68. means protected two meters up to 30 minutes. if you happen to be hanging by the pool, drop your phone in the water. don't worry, die down, grab it. rinse it, let it dry. you'll be fine. [applause] and it is tested many different liquids. chlorinated water, saltwater, orange juice, tea, wine, even beer. repo

: welcome back a few hours apple will up vale newest products the latest iphone hillary in cupertino california apple is expected to top itself with biggest priciest iphone we have ever seen a year after convincing customers drop a grand on new phone apple tim cook expected to unveil a higher price daying the report called the iphone 10s max 6.in which oled splay starting price 1100 dollars the king pin of revenue stream debuted over a decade ago expected to bring in 165 billion in sales for consumer to grab high-tech lower price point apple is expected to also roll out a cheaper version of the iphone x, also standize facial recognition bigger edge to edge splay ditching home button for other zies rolling out new dollars facial recognition may get update hardware expecting a face-lift airpods the wireless headphones possibly waterproof watch series 4 debut could feature a larger display screen both of these pieces of hardware could be hit by the president's ongoing tariff fight with china warning that price points could be going up for apple see if he takes advantage of this event today, to spe

certainly tuned in on wednesday for apple's annual product launch in cupertino, california.l inch larger than the 8 plus that many of us already used to. both fans are faster, he longer battery love, come with enhanced photo cool. a dual sim. you canave h two phone. the friendly option, $749. >> that's budgetndly? >> perhaps. the this xr comes in black, blue, coral, red, white, yell. apple announcing the new watch. here is the starts at $399. it's got bigger screen, louder speaker, and increased focusn health. this is cool. fda approved heart monitornd a fa a dleectietmergonency servic if needed. the xs and theatch are available for preorder tomorrow inwh o er.il overall, it was a big day for apple, guys. >> all right. always fun. >>> okay. >> remember that viral video over the summer? everywhere for a exclusive min here at the cool cat karaoke. missy is in the pa! let me work it. ♪ reverse it m >> that'y from rhode island. out i hav fhight the attent erute she straight killed "work it" sound effects and all. went viral and caught thef attention ellen degeneres. she invited

later, though, buzz is brewing over apple's new phones that will be introduced tomorrow in cupertino, californiawhat you can expect from the party. that's straight eaahd. stay tuned you are watching "squawk box" right here on cnbc ♪ can i get some help. watch his head. ♪ i'm so happy. ♪ whatever they went through, they went through together. welcome guys. life well planned. see what a raymond james financial advisor can do for you. i'm ready to crush ap english. i'm ready to do what no one on my block has done before. forget that. what no one in the world has done before. all i need access, tools, connections. high-speed connections. is the world ready for me? through internet essentials, comcast has connected more than six-million low-income people to low-cost, high-speed internet at home. i'm trying to do some homework here. so they're ready for anything. >>> good morning and welcome back to "squawk box" here on cnbc live from the nasdaq market site in times square among the stories front and center, mark carney has agreed to stay on until the end of january 2020 his term was due to end in jun

of three new iphones apple is set to unveil latest and greatest products later on today in cupertino, californiacupertino of what else you can expect is kurt the cyberguy. where is that again? ainsley: that's in kuper teecupertino. >> hours away the doors will open up behind me in what looks like a spaceship but really is a spectacular piece of architecture if you ever make it to the bay area and this apple campus. we are at the apple's brand new campus the doors will open and the rumor is three brand new iphones will be introduced. the names? they are being tossed around maybe iphone xs or would it be 10 s. kind of funny. anyway, rumored look at one of phones right there much larger. if big is better, this will be it. 6.5 inches of rumored screen size of a new big iphone. and then perhaps even a less expensive model could be coming to town. ainsley: finally. >> but expect the newer, bigger, better one to be the most expensive iphone ever. >> that's no doubt. ed: what about the ipad? what can we expect there? >> you know, rumored that an ipad pro might be shown today. not confirmed. and that wou

california to build more housing. so the site we're talking about in cupertino is at the now defunct vallco mall north wolfe road. the developer sand hill property company proposes a mixed use project including 2400 housing units half of which would be designated affordable. sand hill says because of this new law, it can move ahead with its plans as long as it needs meets the state's criteria. last night's meeting was packed with people from cupertino voicing concerns about the project. >> this is not something that fits in the scale of the city. it's not the kind of cupertino that everybody is used to. >> the traffic and the other thing i'm thinking about schools, um, what kind of people if it's low income people coming into the schools. >> reporter: this is the first major test case of sb-35. it was designed to make it er foild more affordable housing fasting and making it hard for cities that resist they will have another issue. they will decide hopefully tonight. >> so if it's approved, what's the timeline of the project going to look like? >> reporter: the developer says that it's already spent 4 years draft

and new are on a collision course in cupertino with the path forward coming into greater focus this week. at issue, how best to redevelop the dormant mall. california legislature passed a bill that mandates the green light development that meets certain housing criteria. >> as long as a very large number of the proposed new homes are called affordable housing. >> reporter: sand hill properties has one plan under the new law that would create over 2,000 units of housing. half would be deemed affordable to go along with nearly 2 million square feet of office space and 400,000 feet of retail space. two other plans would offer similar scenarios with differing amounts of retail space. sand hill public affairs director matt larson says the plans would bring vibrancy and new life to the vallco site. >> the city appreciates it, the city has always preferred the path of the specific plan area process because it's community driven and allows for more community input. >> reporter: some of that community input has been negative. so-called slow growthers worry massive redevelopment of vallco will transform the small south bay town, once covered by orchards, int

cupertino. it could impact development across the state. >>> a new push to implement the gold standard for using the internet in california and a pushback from the feds. >>> i'm abc 7 news meteorologist sandhya patel. rising temperatures and fire danger. we'll take a closer look, coming up. >>> the house itself was totally unlivable. >> the pitfalls of home sharing and the questions to ask before you pack >>> a new state law may be used to allow a large housing and office complex to be built in cupertino if residents and the city council can't agree on alternatives. this project is planned for the mall site. david louie is live in cupertino. a lengthy public hearing is scheduled for this evening, right? >> it is expected to be a long city council meeting tonight as a result of supporters and opponents of this project. the project could be built right here. opponents have been very vocal. the developer says he's willing to work with the public. but they also have a plan b so to speak. one thing cupertino has is traffic. one thing the bay area doesn't have is enough housing, forcing workers to commute greater distances. they want to redevelop

central california and southern california right now and going to stay put through the weekend, keeping our temperatures similar to this, 84 degrees for today. 86 cupertino, 95 morgan hill. expect upper 80s, le90s. in to monday, this warmer weather will stick around for a few more days that means above average inland, around the bay, looking chose to normal. a little bit cooler than normal 62 dacity. c we stay cool by the water because the water is cooler. up at lake county temperatures in the mid-90s for lake port and clear lake. watch this high, it's going to move on out of here soon. by the time tuesday gets hear, this is going to -- here, this going to nudge to it the south. we will have cooler weather. in the seven-day forecast, low 90s through monday and low 80s for tuesday. it's going the feel like fall by next week, temperatures around the bay will dip down in to the low 60s and staying cool at the beaches, too. >> you gave us our bay area forecast. we have another forecast. this is a surprise. we are going to look at san diego's forecast. it's nice, not as nice as the bay area. 80 degrees, why are we looking at the san diego forecast? >> that's

california adventure parks! mixed-used development project. the develope >>> good morning, it's 7:26. i'm michelle griego. today the city of cupertino is expected to make a final decision on a mixed use development project. the developer proposed turning the former vallco mall site into about 2400 housing unions. >>> in santa rosa, the tap water in fountain grove is finally safe to drink again. today the city is lifting the health advisory. it was issued for the area back in november after the wine country wildfires. >>> san jose's hope village homeless encampment now has a new temporary home. the "mercury news" reports the city is willing to allow the encampment to operate on city- owned land for six months. we'll have news updates throughout the day on your favorite platforms, including our website, kpix.com >>> time now 7:27. we are tracking hot spotreheadi south bay, be on the lookout for the delays along northbound 87. that crash is on the connector ramp to northbound 101 blocking at least one lane. we can see the slowdowns stretch beyond 880 there. so do expect delays. we are in the yellow. in the red, 22 minutes into san fran

signed by governor brown says 15% of all california apartment balconies must be inspected every six years, and owners must cover the inspection costs. >>> cupertino leaders in a meeting right now trying to discuss possible new housing at the old mall. they're delving into the parameters for development of sand hill which owns the property. it wants to build at least 2,000 housing units with commercial space, office space, plus hotel rooms. one group is opposed to the plan saying development will ruin the quality of life for the people of cupertino. >> when i was a kid, balanceco was the jewel in the crown. >>> rob is here with our forecast as we head toward the weekend. >> four more days of summer left. temperatures climb and we've got a fire weather watch up for parts of the bay area tomorrow. we'll talk about that coming up in just a minute. >>> imagine your credit card is charged for food you didn't order. 2,000 miles away. then it happens again, again, and again. it's a huge red flag for a family, but not the company involved. i'm consumer investigator chris chmura. nbc bay area responds, next. >>> nbc bay area responds to a peninsula family

california border. warm tomorrow, 6 degrees above average in concord, 92, 95 in morgan hill, 86 for cupertino and campbellamon, 89 pittsburgh. we're warmer than we have been the past couple days, 60s for berkeley, sausalito and san francisco, 80s, petaluma and novato and mid-90s likely in lake county tomorrow. extended forecast, a couple degrees cooler saturday and sunday, average everywhere. next week a big cooldown, 70s to low 80s inland, mid-60s near the bay. that's your forecast. >> thanks, paul. >>> up next a look back at the life of hollywood icon burt reynolds. the age of 82. he also had award- winning roles on television. c-b-s reporter meg olive r. >>> actor burt reynolds has died at the age of 82. >> he also had award winning roles on television as well as the box office. meg oliver looks back at his career. >> reporter: with his athletic physique and sly smile, burt reynolds was one of the biggest movie stars of the '70s and early '80s. he first rose to fame in tv westerns after an injury ended his college football career. but it was his turn as macho louis medlock in the 1972 wilderness classi

cupertino with a path forward coming into focus this week. at issue, how best to we develop the dormant vallco mall? californiased senate bill 35 last year, which mandates the municipality's greenlight of element that meets certain housing criteria. >> as long as a large number of the proposed new homes are called affordable housing. >> reporter: sand hill properties has one plan under the new law that would create over 2000 units of housing. half would be deemed affordable. to go along with nearly 2 million square feet of office space, and 400,000 feet of retail space. two other plans with more local input would offer similar scenarios, with differing amounts of office and retail space. in an emailed statement, sand hill public affairs director matt larson says the plans would bring vibrancy and new life to the balko site as a retail and entertainment -- entertainment district. >> while the city appreciates that they are behind sb-35, the city has always preferred the path of the specific plan process because it's community driven and allows for more community input. >> reporter: some of the community input h

cupertino rob fladeboe kron4news (jrstone) (jrstone) coming up at 6:45.. deadly outcomes from fraternity hazings have happened in the past .. now a southern californiaat may just be what is behind the death of her son.. (pam) also ahead... the latest on the brewing sexual misconduct controversy surrounding a palo alto professor and the trump nominee for the u.s. supreme court .. bowls to serve teriyaki. see that right there? you can't say that. i can't tell people to try my bowls? no. check out my bowls? nope. what about my billboard? (sighs) what? try my teriyaki bowls. now available comwith steak or chicken,s. covered in our teriyaki sauce, plus steamed veggies and your choice of white or brown rice. i've got the bowls to serve something different! (sighs) what? try my teriyaki bowls. "i feel so badly for him that he's going through this, to be honest with you. i feel so badly for him. this is not a man that deserves this." (jr stone) the next six days could be key for judge brett kavanaugh's supreme court nomination. kavanaugh faces a newly scheduled senate judiciary committee hearing next monday. christine blasey ford, a woman who accused him of

cupertino city council did approve the constructon of nearly 3-thousand homes in the old vallco mall wednesday night... and believes their housing is in line... with where it should be. ( darya ) californiaired middle and high schools to start no earlier than 8-30 a-m. brown sided with opponents of the bill who say that local school boards should decide how to run their schools -- not the state. supporters had argued research shows that later school start times can mean better grades... attendance..an d graduation rates ( james ) in san francisco..... there is a proposal to overhaul the current lottery system that places students in public elementary schools. the idea is to give parents at least a little more certainty about their options. <"we need to be able to say based on where you live you can be either certain that there's one school or a set of schools that you're gonna have access to and you can rely on that">( james ) the proposal to revamp the system will come up at next tuesday's school board meeting... and voted on later this fall. even if it passes... there would be parent input and analysis to determine how it would all work. officials say that could mean three years... bef

apple has officially unveiled its latest smartphone to line up with customer a found say in cupertino california the company says that the i phone ten s. and its biggest sibling the i phone ten s. macs will be priced at nine hundred ninety nine.