Daily Investor Briefing: Fed renews zero rate pledge, but...

	Click to View in Browser 09/17/2014 Fed renews zero rate pledge, but hints at steeper rate hike path WASHINGTON (Reuters) - The Federal Reserve on Wednesday renewed its pledge to keep interest rates near zero for a "considerable time," but also indicated it could raise borrowing costs faster than expected when it starts moving. Wall St. ends up after Fed; Dow at record high NEW YORK (Reuters) - U.S. stocks ended up on Wednesday, with the Dow at a record high, after the U.S. Federal Reserve renewed its pledge to keep interest rates near zero for a "considerable time" and repeated its concerns about slack in the labor market, standing firm against calls to overhaul its policy statement. U.S. inflation surprisingly weak, Fed keeps low rates pledge 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. IMF warns of risks from 'excessive' financial market bets WASHINGTON (Reuters) - The global economy faces a growing risk from big financial market bets that could quickly unravel if investors get spooked by geopolitical tensions or a shift in U.S. interest rate policy, the International Monetary Fund said on Wednesday. Activist investor Peltz pushes DuPont to split itself (Reuters) - Activist investor Nelson Peltz's Trian Fund Management LP urged DuPont to break itself up, saying that efforts already underway at the industrial conglomerate to shed some of its businesses were not enough to fix what it called the company's "underperformance." JPMorgan Chase replaces some cards after Home Depot hack NEW YORK (Reuters) - JPMorgan Chase & Co is replacing some credit and debit cards following the security breach at Home Depot Inc , according to a company spokesman. Apple to unveil new iPads, operating system on Oct. 21: report (Reuters) - Apple Inc is set to launch two new iPads and release the next version of its Mac operating system at its next event on Oct. 21, a Daily Dot report said, citing sources familiar with the matter. Uniqlo expects profit at U.S. stores in 'couple of years' (Reuters) - Japanese fashion retailer Uniqlo aims to turn a profit at its small but expanding U.S. network of stores within the next couple of years, the company's top U.S. executive, Larry Meyer, said. Pimco's head of emerging market equities Masha Gordon departs LONDON (Reuters) - Pimco's London-based emerging market equities head Masha Gordon has left the giant U.S. asset management firm "to pursue other interests", the company confirmed on Wednesday. Investors seek injunction on sale of insurer by BES successor LISBON (Reuters) - A group of bondholders of insolvent Espirito Santo Financial Group on Wednesday requested a court injunction against the sale of Portuguese insurer Tranquilidade by the successor of Banco Espirito Santo - rescued by the state last month. Related Video Still all to play for in Scotland vote Breakingviews: Secession fever Related News Fed dot chart illusions: James Saft Pimco's head of emerging market equities Masha Gordon departs 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