>>Ahead Of The Bell
(New York, NY) -- The opening bell rings this morning on Wall Street a rally in tech stocks led to a higher close on Monday. The rebound helped lift markets with the tech-heavy Nasdaq gaining more than one-and-a-half percent. Nvidia shares jumped four-percent with Meta Platforms and Alphabet also among the day's best performers. At the closing bell, the Dow Jones Industrial Average rose 127 points to 40-415. The S&P 500 added 59 points to 55-64. The Nasdaq gained 280 points to 18-007.
>>Delta Still Working On Recovering From Computer Outage
(Atlanta, GA) -- Delta Air Lines says it will take another couple of days to recover from a global computer outage Friday. The airline has canceled more than four-thousand flight since Friday. CEO Ed Bastian said yesterday the company is working hard to get operations back to normal. In a memo, Delta said it's doing everything possible, including increases in incentive pay for pilots and flight attendants.
>>Senate Looking Into Zelle Scams
(Washington, DC) -- Lawmakers on Capitol Hill are looking into peer-to-peer payment system Zelle and the growing number of scams on the platform. The Senate Permanent Subcommittee on Investigations will hear testimony today from the CEO of Early Warning Services, the company that runs the Zelle network. There will also be testimony from executives with Bank of America, JPMorgan Chase, and Wells Fargo, the three biggest Zelle owner banks. Committee Chair Richard Blumenthal of Connecticut said that the banks need to answer for their "unwillingness to make consumers whole when they fall victim to scams and fraud on Zelle."
>>Artificial Intelligence Is Being Used To Customize Prices
(New York, NY) -- Many retailers are using artificial intelligence to determine how much to charge you based on your ability and willingness to pay. AI is changing marketing tactics and customizing offers and prices to get you to buy more. Companies have always tried to target customers by filtering statistics into actual preferences, but today, AI has established a level of sophistication and accuracy that helps make these predictions. Using AI, companies can now answer: What is this person going to buy next? What are they willing to pay? And where are they going to buy from? So, if you feel like your Starbucks order cost more than your colleagues.it very well might.
>>McDonald's Extends $5 Value Meal In Most U.S. Markets
(Chicago, IL) -- McDonald's will extend its five-dollar value meal in most markets. Company officials announced the move in a memo to its U.S. business units, saying the deal is helping to boost sales. According to CNBC, the fast food giant plans to extend the promotion through August at most locations. The offer includes a McChicken or McDouble, four-piece chicken nuggets, fries and a drink for five bucks.
