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U.S. markets news

UPDATE 2-Fed on track to hike rates as economic headwinds wane -Yellen
... * Fed chief brushes off early-year economic swoon. * Confident tone suggests Fed trying to pave way for markets (Adds reaction, context).
Wall Street Fluxuates, Remains Flat on Yellen Remarks  Fox Business
US Stocks Buoyed by Yellen Remarks  Wall Street Journal
Memorial Day Weekend Gas Prices at Lowest Point Since 2009
Consumer gas prices are at a lower point heading into this Memorial Day weekend than any comparable weekend since 2009, according to a government report.
Summer beach season kicks off as travelers hit the road for holiday weekend  WABC-TV
Lowest Memorial Day weekend gas prices in a decade  Boston Globe (subscription)
US oil platform on fire in Gulf Of Mexico; no injuries: Coast Guard
An oil platform caught fire and was evacuated in the U.S. Gulf of Mexico offshore Louisiana in the early hours of Friday, though no injuries were reported, the U.S.
Oil Platform in Gulf of Mexico Shuts In Production After Fire  Bloomberg
Oil rig fire causes 'rainbow sheen' in the Gulf of Mexico  Mashable
US Oil Prices Snap Three-Week Winning Streak
NEW YORK—Oil prices slid Friday as the dollar strengthened and the decline in U.S. drilling slowed down. Light, sweet crude for July delivery settled down $1, or 1.6%, at $59.72 a barrel on the New York Mercantile Exchange.
Rising inflation feeds the bond bears  CBS News
US stocks mostly unchanged on lower oil, higher inflation  Washington Post
Durango's population grows steadily
A house under construction on a hillside above the 1200 block of Florida Road. The U.S. Census Bureau said Durango's population has grown 5.6 percent since the last Census in 2010.
The long-term rise of the urban American west  Washington Post (blog)
CENSUS: Columbus among the country's fastest-growing cities  Columbus Business First (blog)
Microsoft tried to buy Salesforce for $55B, report says
The world's largest software maker was poised to make its biggest acquisition to date, but talks fell through, according to CNBC.
Microsoft (MSFT) Stock Falling as Talks to Buy Fizzle
Report: Microsoft, Salesforce were far apart on price in deal talks  The Seattle Times
Tobacco Giants Sue Britain Over Rules on Plain Packaging
PARIS - Big Tobacco is pushing back against Europe's effort to remove the marketing allure from smoking. On Friday, Philip Morris International and British American Tobacco, two of the world's biggest tobacco companies, sued the British government over ...
Cigarette Packages Must Admit Addictive Intent, Not Deception  Bloomberg
Tobacco companies prepare multi-billion compensation claims over UK plain ...
MasterCard, Target data breach settlement falls apart
A proposed $19 million settlement between MasterCard Inc and Target Corp over the retailer's 2013 data breach fell through after not enough banks accepted the deal, the credit card company said on Thursday.
Target, MasterCard Data Breach Deal Fails to Win Bank Support  Bloomberg
Target Settlement With MasterCard Fails To Get Bank Support  CBS Local
Wal-Mart urges meat suppliers to curb antibiotic use
(Adds advocacy group comment, details on guidelines, background). By P.J. Huffstutter and Nathan Layne. CHICAGO May 22 (Reuters) - Wal-Mart Stores Inc is pressing meat, seafood, dairy and egg suppliers to reduce the use of antibiotics, becoming the first ...
Wal-Mart presses meat suppliers on antibiotics, treatment  Sacramento Bee
Walmart: New animal welfare, antibiotics positions  CNBC
State: Valley workforce receives April-fruit bump
Central Valley unemployment rates inched lower in April as harvest activities geared up on some area farms, according to new data from the state Employment Development Department.
Imperial County's unemployment rate hits 21.2 percent in April  KYMA
County Unemployment Holds Steady Amid Modest Job Gains  Los Angeles Business Journal