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By William James and Kate Holton LONDON (Reuters) - British authorities launched a hunt on Wednesday for a man with an English accent who appeared in an Islamic State (IS) video purporting to show what Prime Minister David Cameron called the "barbaric and brutal" beheading of an American journalist. A masked IS jihadist, dressed in black, who stood next to a kneeling James Foley in the video released online spoke with what sounded like a London accent. The case had echoes of the brutal 2013 murder of British soldier Lee Rigby, who was hacked to death in a London street in broad daylight by two British Muslim converts, and of beheadings staged in the early years of the U.S.
NEW YORK (AP) — U.S. stocks were mixed in afternoon trading after minutes from the Federal Reserve's latest policy meeting showed there was a growing chorus of central bank officials willing to raise interest rates sooner rather than later. The reaction was more pronounced on the bond market, where prices fell and yields rose as investors prepared themselves for higher interest rates.