Apple unveils $1,999 iPhone Duo as oil tops $100 and Treasury expands buyback

  • Apple unveiled its first foldable smartphone, the $1,999 iPhone Duo.
  • Treasury increased its latest long-dated bond buyback to as much as $6 billion.
  • Brent settled above $100 while Trump’s energy portfolio rose between Feb. 27 and Aug. 31.

Apple unveiled its first foldable smartphone, the $1,999 iPhone Duo, adding a major product launch to a market update spanning bonds, energy and presidential finances. The U.S. Treasury increased its latest long-dated bond buyback (repurchase of outstanding debt) to as much as $6 billion, triple the normal amount. Brent crude settled above $100 a barrel, while West Texas Intermediate reached $96.05. President Donald Trump’s energy portfolio increased in value by an estimated $1.5 million to $4.4 million between Feb. 27 and Aug. 31, according to a CNBC analysis. The article identifies Apple with the ticker AAPL.

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