In the Robotic Enterprise (RE) Framework, the status of each Transaction Item from the queue is updated in the 'Get Transaction Data' state, where it retrieves each transaction item and marks it as in progress, and in the 'Process Transaction' state, where it processes the item and updates its status based on the outcome (successful, failed, etc.). Therefore, the status is updated in both the 'Get Transaction Data' and 'Process Transaction' states.