Business Today: Stock futures briefly turn negative after CPI data

		Click to View in Browser 12/14/2012 Stock futures briefly turn negative after CPI data NEW YORK (Reuters) - Stock futures briefly turned negative after data showed consumer prices fell in November for the first time in six months, pointing to muted inflation pressures. U.S. consumer prices post first drop in six months WASHINGTON (Reuters) - U.S. consumer prices fell in November for the first time in six months, pointing to muted inflation pressures that should allow the Federal Reserve to stay on its ultra-easy monetary policy path as it nurses the economy back to health. Fed hawks take aim at central bank's latest policies WASHINGTON/CHICAGO (Reuters) - Two top Federal Reserve officials on Friday warned that the U.S. central bank's latest policy actions risk straying into fiscal territory, and raised questions about the decision to tie monetary policy to specific economic guideposts. Merkel sets limits on euro zone risk-sharing BRUSSELS (Reuters) - European leaders agreed on Friday to press on with further steps to tackle their debt crisis but German Chancellor Angela Merkel threw out a proposal to boost risk-sharing with a fund to help euro zone states in trouble. China on mend, but euro zone still shrinking LONDON/BEIJING (Reuters) - China's vast manufacturing sector expanded in December but the euro zone is probably deeper in recession, business surveys suggested on Friday. ECB warns against crisis complacency, says risks remain FRANKFURT (Reuters) - The European Central Bank, poised to take over supervision of the region's banks, said on Friday there was no room for complacency following early signs of easing strain on financial markets. Exclusive: Rosneft could raise $10 billion bonds for TNK-BP deal MOSCOW/LONDON (Reuters) - Russia's Rosneft could raise as much as $10 billion on bond markets to finance its takeover of Anglo-Russian oil firm TNK-BP , potentially matching loans backed by future oil exports. Fiat rebuts report will raise funds for Chrysler buy MILAN/LONDON (Reuters) - Italian carmaker Fiat SpA rebutted a report that it was set to raise money to finance its purchase of a further stake in Chrysler, saying it had no need for extra funds. UBS faces $1 billion fine for Libor rigging: source LONDON (Reuters) - Swiss bank UBS is expected to pay about $1 billion to settle charges of rigging the Libor interest rate benchmark, according to a person familiar with the situation, making it the second major bank to be officially ensnared by the global scandal. S&P Japan unit rapped over CDO ratings mistakes TOKYO (Reuters) - The Japanese unit of Standard & Poor's Ratings Services was reprimanded by the financial regulator on Friday for mistakes in setting and publishing credit ratings on complex financial derivatives. Related Video U.S. Morning Call: Sprint Exclusive; It's Tech Friday Market Pulse: What's Moving Today and Why Economic News U.S. consumer prices post first drop in six months Fed hawks take aim at central bank's latest policies 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