Target Financial News

By Stefania Spezzati

By Rodrigo Campos

By David Lawder

Respiratory virus season is around the corner. With vaccines available for Covid-19, flu and, for some people, RSV, when should you get them? Doctors generally suggest getting your flu and Covid shots before the end of October, and say it’s OK to get both those shots at the same time. The most important thing, doctors say, is to get vaccinated.

The Federal Reserve is confronting a familiar nemesis as it tries to pilot the economy into a rarely-seen soft landing: rising oil prices.

BERLIN (Reuters) — Volkswagen (ETR:VOWG_p)'s works council is demanding more information on a cost-cutting and efficiency drive being drawn up for the automaker's main passenger car brand, saying employees needed more transparency from management on its plans.

By David Ljunggren and Steve Scherer

By Ankika Biswas and Shristi Achar A

It was the best data in a while in a country starved of good economic news: China reported on Friday that its industrial output grew 4.5% in August from a year earlier, versus a forecast 3.9%. Retail sales expanded by 4.6%, beating an expected increase of 3%, 

Check out the companies making headlines before the bell:

Reliance Industries is likely to be cut by about 14 per cent from next month in line with softening energy prices, sources said. For the six-month period starting October 1, the price of gas from deepsea and high-pressure, high-temperature (HPTP) areas is likely to be cut to around $10.4 per million British thermal unit from the current $12.12, they said. The government bi-annually fixes prices of the locally-produced natural gas — which is converted into CNG for use in automobiles, piped to household kitchens for cooking and used to generate electricity and make fertilisers. Two different formulas govern rates paid for gas produced from legacy or old fields of national oil companies like Oil and Natural Gas Corporation (ONGC) and Oil India Ltd (OIL), and for newer fields lying in difficult-to-tap areas, such as deepsea. Rates are fixed on April 1 and October 1 each year.

The family of a 14-year-old girl who allegedly discovered an iPhone taped to the back of a toilet seat on a recent flight from Charlotte, North Carolina, to Boston said they believe she was targeted by a member of the crew

The auto workers’ strike against Detroit’s Big Three is now in its fourth day

Since Federal Reserve officials last met in July, the economy has moved in the direction they hoped to see: Inflation continues to ease, if more slowly than most Americans would like, while growth remains solid and the job market cools

The president of the Dominican Republic is defending his decision to close air, sea and land traffic with neighboring Haiti in a dispute over construction of a canal targeting a river that runs through both countries

Two cargo ships have arrived in one of Ukraine’s ports this weekend, using a temporary Black Sea corridor established by the government

Investing.com — Here is your Pro Recap of the biggest analyst picks you may have missed since yesterday: an Overweight initiation for Super Micro Computer, and upgrades for Dell, CVS, Globus Medical , and Rackspace Technology.

JAKARTA (Reuters) — Indonesia's parliament committee on Tuesday approved the government's higher 2024 budget expenditure of $216 billion to support economic growth, but some analysts say a bigger spending buffer might be needed to cope with adverse weather events.

Investing.com -- U.S. futures point higher, with markets almost certain that Federal Reserve policymakers will hold interest rates steady following a much-anticipated policy-setting meeting that starts on Tuesday. Elsewhere, Instacart shares are set to begin trading in New York after the online grocery delivery service priced its initial public offering at the top-end of its target range, while the United Auto Workers union warns of further U.S. plant closures if fraught negotiations with three major carmakers show no signs of progress.

By Howard Schneider

Investing.com — The U.S. dollar traded largely unchanged in early European trade Tuesday, drifting ahead of the start of the latest two-day Federal Reserve policy meeting, the highlight of several key central bank rate decisions this week.