Business Today: Fed could hint on rate-hike plans as it prepares for policy turn

		Click to View in Browser 09/17/2014 Fed could hint on rate-hike plans as it prepares for policy turn WASHINGTON (Reuters) - The U.S. Federal Reserve on Wednesday could offer fresh clues on when it plans to begin lifting interest rates and how quickly it will move, as it prepares for a momentous policy turn after years of aggressive monetary stimulus. Auxilium jumps, steelmakers active in premarket trade NEW YORK (Reuters) - Auxilium Pharmaceuticals shares surged in brisk premarket trading Wednesday, a day after receiving an unsolicited offer from Endo International. U.S. consumer prices post first decline in 16 months WASHINGTON (Reuters) - U.S. consumer prices fell for the first time in nearly 1-1/2 years in August and underlying inflation pressures were muted, which could lessen the urgency for the Federal Reserve to raise interest rates. U.S. current account gap narrows in the second quarter Washington (Reuters) - The U.S. current account deficit unexpectedly narrowed in the second quarter, supported by a partial reversal of a large equity disinvestment that had occurred in the previous quarter. General Mills misses as competition weighs on U.S. sales (Reuters) - General Mills Inc reported lower-than-expected quarterly profit and revenue as the maker of Cheerios cereal and Betty Crocker cake mixes lost further ground to cheaper store-branded foods amid rising demand for alternative breakfast options. China central bank injects $81 billion into major banks to support economy: reports SHANGHAI (Reuters) - China's central bank is injecting a combined 500 billion yuan ($81.35 billion) of liquidity into the country's top banks, according to media reports, a sign that authorities are stepping up efforts to shore up a faltering economy. Credit Suisse loans under U.S. Fed scrutiny: WSJ Sept 17 (Reuters) - The U.S. Federal Reserve has asked Credit Suisse CSGN.VX to address problems relating to the bank's underwriting and sale of leveraged loans, the Wall Street Journal reported, citing a source familiar with the matter. iPhone comes out of a 'bygone era', reviewers hail bigger handset (Reuters) - Bigger is better and Apple Inc has finally realized that and given iPhone users a product that may be low on novelty but high on improvements, reviewers wrote. Alibaba options expected to be listed on September 29: exchanges NEW YORK (Reuters) - Investors looking to hedge their bets or speculate on the direction of Alibaba Group's stock after its expected public sale of shares on Friday, will be able to trade its options in two weeks, as U.S. options exchanges are expected to list contracts on the company. London's young techs find anti-immigrant mood a drag LONDON (Reuters) - When Efe Cakarel picked London as a new base for his video streaming company, he was counting on its location, capital markets and infrastructure, but also on the city's reputation as a hub for talented people from Europe and beyond. Related Video South Korean president carries a tragic burden Breakingviews: Russia's siege economy Economic News Fed could hint on rate-hike plans as it prepares for policy turn U.S. consumer prices post first decline in 16 months A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today   The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today   » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend