Is China’s Manufacturing Sector Finally Turning a Corner?
China’s latest Purchasing Managers’ Index (PMI) brought cautious optimism to markets. The official PMI came in at 49.8 for September, higher than forecasts of 49.6, and marking the strongest reading since March.
U.S. Core PCE Inflation Stays at 2.9% as Consumer Spending Accelerates in August
The U.S. economy showed renewed strength in August 2025, with both income and spending on the rise. According to the Bureau of Economic Analysis (BEA), personal income grew by $95.7 billion (0.4%), while disposable personal income (DPI)—income after taxes—rose by $86.1 billion (0.4%).