Business Today: Stock futures point to further gains, buoyed by Fed plan

		Click to View in Browser 09/14/2012 Stock futures point to further gains, buoyed by Fed plan NEW YORK (Reuters) - Stock index futures climbed on Friday, indicating a further advance in equities which hit multi-year highs Thursday as investors lauded an aggressive plan by the Federal Reserve to stimulate the economy. Gasoline, autos boost retail sales in August WASHINGTON (Reuters) - Retail sales rose for a second straight month in August, boosted by automobiles and high gasoline prices, but the underlying tone pointed to modest economic growth in the third quarter. Gasoline prices push up consumer inflation in August WASHINGTON (Reuters) - Consumer prices rose in August by the most in three years as the cost of gasoline jumped, but there was little sign of a pick-up in underlying inflation pressures, which should allow the Federal Reserve to stay on its ultra-easy policy path. Fed bets big in new push to rescue U.S. economy WASHINGTON (Reuters) - The Federal Reserve launched another aggressive stimulus program on Thursday, saying it would pump $40 billion into the U.S. economy each month until it saw a sustained upturn in the weak jobs market. Spain, under pressure over bailout, pledges new reforms NICOSIA (Reuters) - Spain, under pressure to spell out whether it needs more financial support, told euro zone finance ministers on Friday it will present a new set of structural economic reforms with firm deadlines by the end of the month. UBS "rogue trader" put bank's survival at risk, court told LONDON (Reuters) - Former UBS trader Kweku Adoboli put the Swiss bank's survival at risk through naked gambling that risked up to $12 billion, cooking the books and lying to his bosses until his "pyramid of fraud" collapsed, a British court heard on Friday. Analysis: Euro zone making scant headway on growth and reform LONDON (Reuters) - The euro zone is finally getting a move on and slinging a safety net under the single currency. If only it were making as much headway in correcting the economic imbalances that made a rescue plan necessary in the first place. Apple's iPhone 5 puts Europe in 4G slow lane LONDON/PARIS (Reuters) - Apple's iPhone 5, launched to great fanfare in the United States on Wednesday, will not work on superfast mobile broadband networks in much of Europe, potentially confusing consumers and setting back the development of 4G services in the region. BAE's British roots sprout trusted American faces in U.S. defense landscape WASHINGTON (Reuters) - Around the United States, Britain's BAE Systems is widely seen as just another powerful U.S. defense contractor, unlike European aerospace group EADS , which is always firmly identified by its French, German and Spanish roots. Modest bounce in construction puts UK closer to growth LONDON (Reuters) - UK construction activity grew 2.2 percent in July and fell less sharply than previously thought in the second quarter, data showed on Friday, adding to signs the economy is slowly edging out of recession. Related Video Luxury stocks still a buy, but pick carefully - CCLA Breakingviews: Fed honeymoon may be brief Economic News Gasoline, autos boost retail sales in August Gasoline prices push up consumer inflation in August 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