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U.S. markets news

China stocks hit 7-year high, Europe muted ahead of Fed
HONG KONG - Chinese stocks hit a seven-year high as investors pinned their hopes on further economic stimulus while most other world markets were subdued Friday ahead of a speech by Federal Reserve chair Janet Yellen.
TREASURIES-US bond yields rise as core inflation perks up  Reuters
US consumer prices up slightly in April; drop in energy costs mutes overall ...  Fox News
Albany Times Union  
Highways, airports face crowded weekend
Mark Huffman has been a consumer news reporter for ConsumerAffairs since 2004. He covers real estate, gas prices and the economy and has reported extensively on negative-option sales.
Energy And Money: Gas Prices May Fall After Memorial Day  Reynolds Center
AAA: More Travelers Driving This Memorial Day Weekend, Likely Due To Low ...  CBS Local
Wall Street mixed as CPI data sparks rate hike timing doubts
Wall Street was mixed in early trading on Friday as investors digested data that showed rising inflation pressure, casting fresh doubt on when the Federal Reserve would ultimately raise interest rates this year.
Core Inflation Moves Higher, Fed is Watching  Fox Business
Yellen's speaking on economic outlook, but focus may be on the past  MarketWatch
GLOBAL MARKETS-Stocks get that Friday feeling as stimulus trumps growth ...
... * Stocks on track to close week near record highs. * Yellen, Draghi in focus. * Euro zone bond yields dip, U.S. inflation data awaited (Updates prices, adds fresh quote).
ECB chief Mario Draghi lobs ball back to governments on reforms  Economic Times
ECB battles to keep euro under control  Financial Times
Suspicious Package Investigation At Grand Central Terminal Snarls Metro-North ...
NEW YORK (CBSNewYork/AP) - A police investigation of a suspicious package at Grand Central Terminal caused 20-30 minute delays on Metro-North Friday morning.
Suspicious package found at NYC's Grand Central Terminal  Greeneville Sun
[UPDATED] "Suspicious Package" Shuts Down Part Of Grand Central ...  Gothamist
Big Tobacco goes into battle over plain packaging
Big tobacco companies are stepping up their global fight against government attempts to make cigarettes less appealing by removing brands from packaging.
Tobacco firms challenge plain packaging law  BBC News
Philip Morris Challenges U.K. Cigarette-Packaging Order  Nasdaq
Weak global agriculture sector hurts Deere second-quarter profit
CHICAGO A weak global agriculture sector weighed heavily on quarterly results posted by Deere & Co on Friday, but earnings still topped expectations, and the farm equipment maker raised its full-year profit forecast despite a worsening sales outlook.
Deere sales fall on agriculture slowdown  USA TODAY
Deere earnings down a third, still make $690 million  Waterloo Cedar Falls Courier
Campbell Soup's profit beats on lower promotions, higher prices
Packaged foods maker Campbell Soup Co (CPB.N) reported a better-than-expected quarterly profit, helped by lower promotions, higher selling prices and cost cuts.
Campbell beats 3Q profit forecasts  seattlepi.com
Campbell reports lower sales, earnings  Cherry Hill Courier Post
Wal-Mart presses meat suppliers on antibiotics, treatment
NEW YORK (AP) - Wal-Mart, the nation's largest food retailer, is urging its thousands of U.S. suppliers to curb the use of antibiotics in farm animals and improve treatment of them.
Walmart takes stand against animal cruelty and overuse of antibiotics on farms  The Verge
Walmart moves to improve animal welfare conditions in supply chain  Agri-Pulse
US stocks open mostly lower; oil price slides
NEW YORK (AP) - Stocks are mostly lower in early trading as energy companies decline along with the price of oil. The Dow Jones industrial average fell nine points, or 0.1 percent, to 18,277 as of 9:35 a.m.
Wall St. Is Mixed as Oil Prices Slide  New York Times