Scott Bessent on U.S. Economy — Daily Tech Trends Digest
Scott Bessent assesses the U.S. economy as spending continues but relief is scarce. Also: Apple unveils the iPhone Duo, iPhone 18 Pro, and AirPods 5 in a major September event.
News
Scott Bessent provides a candid assessment of the U.S. economy, noting that while Americans continue to spend, financial relief remains elusive. Meanwhile, Apple's September 9 event introduced the foldable iPhone Duo, iPhone 18 Pro, Apple Watch Series 12, and AirPods 5, sparking widespread industry reaction and hands-on reviews.
Excerpt from Bloomberg: “PM Modi greets leaders arriving in the main convention hall for the 18th BRICS Summit underway in New Delhi (Source: Bloomberg)”
Excerpt from Bloomberg: “US President Donald Trump said he could settle the dispute between Argentina and the UK over the Falkland Islands if asked and appeared to cast doubt on whether the British government would be able to deploy resources to protect the territory if needed.”

Excerpt from TheStreet: “Americans are still spending, but relief remains harder to find”
Excerpt from Bloomberg: “President Donald Trump expressed optimism about resolving a trade war with Canada, saying that a deal could come “fairly soon,” but provided no details into whether formal talks between the two economies had resumed.”
Excerpt from Bloomberg: ““You’ll probably see a deal with Canada fairly soon,” President Donald Trump says during a trip to Ireland.”
Excerpt from Bloomberg: “PM Modi greets leaders arriving in the main convention hall for the 18th BRICS Summit underway in New Delhi (Source: Bloomberg)”

Excerpt from TheStreet: “Kohl’s is making a notable change to its stores as financially pressured customers rethink where they shop.”
Excerpt from Bloomberg: “China’s artificial intelligence industry is shifting from competition in large models and computing power toward the deployment and commercialization of AI agents, according to a report by the China Telecom Research Institute cited by China Central Television on Saturday.”
Excerpt from Bloomberg: “German authorities have identified suspects behind a failed drone attack at an airport in Leipzig last month, including someone believed to be affiliated with Russian military intelligence, according to Welt am Sonntag.”
Excerpt from Bloomberg: “Narendra Modi arrives at the main convention hall as the summit gets underway (Source: Bloomberg)”

Excerpt from TheStreet: “Here's what higher premiums and market exits could mean for ACA consumers in 2027.”
Excerpt from Bloomberg: “HSBC Holdings Plc is set to start its search for a new chief financial officer, parsing through a pool of internal and external candidates willing and qualified to take on one of the biggest jobs in global finance. The bank is looking to replace Pam Kaur, who unexpectedly…”

Excerpt from TheStreet: “It comes in 26 stylish colors.”

Excerpt from TheStreet: “Two partnerships. Two industries. One company quietly expanding its reach in ways investors should notice.”

Excerpt from TheStreet: “Shop the statement color in a variety of styles.”
Excerpt from Bloomberg: “Chinese President Xi Jinping arrives in Delhi for BRICS Summit 2026 ahead of bilateral talks (Source: Bloomberg)”
Excerpt from Bloomberg: “India’s markets regulator proposed sweeping changes to the closing auction system, including a possible return to the previous method for settling derivatives on expiry days, after sharp price swings and liquidity concerns emerged around the month-old mechanism.”
Excerpt from Bloomberg: “Indian Prime Minister Narendra Modi managed to steer rival BRICS nations toward a joint statement despite competing positions over issues ranging from an escalating war in the Middle East to trade.”

Excerpt from TheStreet: “The top-rated bedding is now available for less than $25.”
Excerpt from Bloomberg: “Christine Lagarde entered France’s presidential-election fray at a political gathering on Saturday, as speculation builds that she’ll leave the European Central Bank early.”
Excerpt from Bloomberg: “Nvidia Corp. is considering investing as much as $10 billion in Anthropic PBC’s initial public offering, which could become the biggest IPO of all time, Reuters reported.”
Excerpt from Bloomberg: “BitMEX founder Ben Delo pledged £36 million ($48.7 million) to Nigel Farage’s Reform UK, a record donation designed to help the insurgent party fend off its critics while turbo-charging its attempts to gain power at the next general election.”
Excerpt from Bloomberg: “Oracle Corp. earnings calls this year have been missing a familiar voice: Larry Ellison’s.”
Excerpt from Bloomberg: “Oracle Corp. increased the scale of its planned job cuts while the company grapples with a cash crunch tied to development of large-scale data centers for artificial intelligence work.”
Excerpt from Bloomberg: “Russia and its partners in the BRICS group of countries are moving toward creating a council to coordinate cooperation in space, Roscosmos chief Dmitry Bakanov said in an interview in New Delhi.”
Excerpt from Bloomberg: “Kalshi Inc. is filing for regulatory approval to offer the first single-stock perpetual futures in the US and is looking to expand the contracts in commodities to include agriculture, said Tarek Mansour, the company’s co-founder.”
Excerpt from Bloomberg: “As one of the earliest backers of both OpenAI and Anthropic, Greg Jensen has seen AI development up close. Now, he's among the tech insiders more worried than ever about AI's human extinction risks. The managing CIO of Bridgewater joins Joe Weisenthal and Tracy Alloway on the…”
Excerpt from GitHub: “A spy satellite simulator in your browser, except the data is real. Live open source spatial intelligence on a photorealistic 3D globe.”
Excerpt from GitHub: “Open-source AI sales OS — self-hosted CRM with native AI agents + WhatsApp (WAHA). Open alternative to Kommo, Octadesk & Intercom for any business that sells by chat. MCP-ready, multi-tenant, LGPD.”
Excerpt from GitHub: “Extracted system prompts from Anthropic - Claude Fable 5.1, Opus 5, Claude Design, Claude Code. OpenAI - ChatGPT GPT-6-Astra, Codex. Google - Gemini 3.8 Flash, 3.1 Pro, Antigravity. xAI - Grok, Grok Bot, Cursor, Kimi and more! Updated regularly.”
Excerpt from GitHub: “🤖📐专为数学建模设计的 Agent & skills ,自动完成数学建模,生成一份完整的可以直接提交的论文。 An Agent Designed for Mathematical Modeling ,Automatically complete mathmodel and generate a complete paper ready for submission.”
Excerpt from GitHub: “Smart PVR for newsgroup and bittorrent users.”
Excerpt from GitHub: “Open Source AI trading agent that operates autonomously across 1000+ markets - Polymarket, Kalshi, Binance, Hyperliquid, Solana DEXs, 5 EVM chains. Scans for edge, executes instantly, manages risk while you sleep. Agent commerce protocol for machine-to-machine payments…”
Excerpt from GitHub: “Browse media content with your own rules on Android TV”
Excerpt from GitHub: “100+ AI Agents, Agent Skills and RAG Apps - Free and Open Source.”
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