U.S.

The Personal Consumption Expenditures (PCE) Price Index rose 0.3% m/m in August and 2.7% y/y; core PCE held at 2.9% y/y, the Commerce Department said. Reuters
Consumer spending increased 0.6% in August, topping forecasts, according to the Commerce Department. Reuters
President Trump announced new tariffs including 100% duties on branded drugs and 25% on heavy-duty trucks, with additional levies on furniture and cabinetry. Reuters
Former FBI Director James Comey was indicted on charges of making false statements and obstructing a congressional proceeding; he has said he will contest the case. Reuters

World

Israeli Prime Minister Benjamin Netanyahu criticized support for Palestinian statehood in a U.N. address as delegates staged walkouts; he also referenced Israeli hostages. Reuters
A Reuters investigation found that an Israeli strike that killed five journalists at Gaza’s Nasser Hospital hit a Reuters camera, contradicting an initial Israeli claim about a Hamas device; an Israeli official said troops fired without required approval. Reuters

U.S. stocks rose and Treasury yields were little changed after inflation data matched expectations; gold firmed on rate-cut bets. Reuters
Pharma shares in the U.S. and Europe were steady while Asian drugmakers fell after the U.S. tariff move on branded medicines. Reuters

The White House said the TikTok U.S. sale plan meets national-security requirements, valuing the new U.S. entity at $14B in an executive order signed Sept. 25. Reuters
ByteDance is expected to retain a major role in TikTok’s U.S. operations under the proposed restructuring, according to sources. Reuters
Meta said it will launch ad-free Facebook and Instagram subscriptions in the U.K. Reuters

Ryder Cup (Bethpage Black): Europe led 3–1 after the opening foursomes session. Reuters
MLB: The Los Angeles Dodgers clinched the NL West with an 8–0 win over the Diamondbacks. Reuters