>>Ahead Of The Bell
(New York, NY) -- The opening bell rings this morning after stocks closed mixed to start the week on Wall Street. Markets struggled for direction Monday ahead of key inflation data on Wednesday. At the closing bell, the Dow Jones Industrial Average lost 140 points to 39-357. The S&P 500 rose a fraction of a point to 53-44. The Nasdaq gained 35 points to 16-780.
>>NY Fed Survey: Inflation Outlook Hits Record Low
(New York, NY) -- The three-year consumer inflation outlook hit a record low in July. A survey by the New York Federal Reserve shows inflation expectations fell to just two-point-three percent last month. That's the lowest since the data collection began in 2013. Meanwhile, household spending is expected to increase by less than five percent which is a slight drop from June. The results come just ahead of Labor Department's release of the July consumer price index on Wednesday.
>>CrowdStrike Receives "Most Epic Fail" Award
(Las Vegas, NV) -- The annual hacking conference called DEF CON is recognizing a cyber security firm, but not in the most flattering way. The event closed over the weekend with the Pwnie [[ Ponie ]] Awards, and CrowdStrike picked up the trophy for "Most Epic Fail." Company president Michael Sentonas was on hand to accept and said it's not an award to brag about. However, he mentioned that he'll display the trophy at headquarters for every worker to see, noting it's vital "to own it when you do things horribly wrong." Last month, CrowdStrike released a software update that caused a global tech outage affecting places like banks, airports and hospitals.
>>Ad Slots For 2025 Super Bowl Already Nearly Sold Out
(New Orleans, LA) -- Ad slots for the 2025 Super Bowl are almost sold out. Variety reports Fox is leveraging the high demand to price 30-second commercials at more than seven-million-dollars and asking buyers to commit to an advertising package that includes other Fox properties. The game will broadcast from Caesars Superdome in New Orleans on February 9th.
>>White House Helping Consumers End Subscriptions
(Washington, DC) -- The White House wants to make it easier for consumers to cancel subscriptions and services they signed up for. The Federal Trade Commission could finalize a proposal called "Click To Cancel" any day now. President Biden's domestic policy advisor acknowledged that companies make it easy to sign up for a subscription or service, but consumers have to jump through many hoops to cancel before getting hit with additional charges. The reason is so companies "can hold onto your money" longer. The FTC proposal hopes to make ending a subscription as easy for consumers as beginning a subscription.
>>El Paso, Texas Says Trump Has Unpaid Invoice
(El Paso, TX) -- The Trump campaign owes the City of El Paso, Texas more than 500-thousand-dollars. That's according to a new report by KTSM. Officials said the invoice was for security costs related to a 2019 visit for the Republican presidential nominee. The city says the total includes initial costs, plus a one-time late fee.
