Apple’s in-house chip design unit gives it smartphone edge - FT.com

When Apple’s designers wanted to improve the iPhone’s ability to take selfies, they did not just look at the camera or a conventional LED-based flash. An in-house team came up with a custom display…


Fed Hikes, but Some Rates Veer Lower - WSJ

On the day the Federal Reserve implemented its plan to raise interest rates, driving up overnight borrowing costs, broader market forces conspired instead to drive other U.S. interest rates down.…