Economy · September 2026

On September 1, 2026, John Ternus officially replaced Tim Cook as Apple's CEO, with Ternus touting a 'phenomenal' iPhone launch and a robust product pipeline in a memo to staff. Microsoft resolved a global Outlook outage that disrupted email services for millions of users on September 1, 2026, though the root cause remains undisclosed. US Treasury Secretary Bessent said he expects Japan to act to strengthen the yen, signaling a possible Bank of Japan rate hike. Nvidia's DLSS 5, launching September 3, 2026, will require high-end GPUs, while OpenAI is set to release its first AI model with critical cyber capabilities, prompting calls for stronger guardrails. US borrowing costs hit fresh highs and stock indexes opened lower as oil prices and inflation fears weighed on markets, with gold also declining amid Middle East tensions.