ALL THE MONEY NEWS YOU NEED TO KNOW | |
A second boycott against Amazon and its affiliated businesses started today and lasts through May 12. This is the latest consumer boycott as some shoppers protest what they call corporate greed, companies that have rolled back their diversity, equity and inclusion efforts and President Donald Trump's efforts to eliminate federal DEI programs since taking office. |
The boycott of Amazon is organized by The People's Union, the same grass-roots group that coordinated the one-day economic consumer blackout on Feb. 28 and a three-day blackout in April. |
The boycott includes Amazon and its affiliates, including Whole Foods Market, Amazon Fresh, Amazon Prime Video, Audible, Twitch, Ring, Zappos and Kindle. |
The Amazon boycott is in addition to separate actions by other groups protesting Target and other retailers and businesses for their rollbacks of DEI initiatives. | Packages make their way through the Amazon fulfillment center in Republic, Missouri on their way to be shipped out on Friday, Dec. 2, 2022. Nathan Papes / USA TODAY NETWORK via Imagn Images |
Days after a key trade loophole closed, e-commerce platform Temu has overhauled its business model by halting shipments of Chinese-made goods to U.S. customers, Amaris Encinas reports. |
Instead of offering American consumers a plethora of discounted products from China, the company is now selling goods shipped from warehouses based in the U.S. |
Will interest rates go down? |
The Federal Reserve is meeting and economists are expecting the board to hold interest rates steady when they end their meeting tomorrow. |
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Each weekday, The Daily Money delivers the best consumer and financial news from USA TODAY, breaking down complex events, providing the TLDR version, and explaining how everything from Fed rate changes to bankruptcies impacts you. | | The same group that has organized economic consumer blackouts is boycotting Amazon again. Find out why. | | E-commerce platform Temu, best known for selling cheap products from China, announced it halted shipments to the U.S. Here's why. | | | | The Federal Reserve is set to hold interest rates steady and hint it's in no hurry to cut as tariffs threaten to heat up inflation amid solid economy | | | | Travelers flying through Newark are facing a wave of cancellations and delays due to staffing shortages and equipment failures. | | | | Carvana is sending mass emails to drivers offering to buy their vehicles. The company anticipates a demand increase and is increasing inventory. | | | | How will Trump's tariffs or the threat of more tariffs affect grocery store prices? | | | | The Social Security Administration has processed 2.3M benefit adjustments. But that still leaves roughly 900K Americans waiting on their extra money. | | | | The CEO of Coinstar seeks a paradigm shift in how Americans think about coins. | | | | Pharmacy chain Rite Aid announced it began Chapter 11 proceedings Monday. Stores will remain open and the company will "facilitate a smooth transfer of customer prescriptions." | | | | Our app gives you award-winning coverage, crosswords, audio storytelling, eNewspaper and more. | | | | | Sign up for the news you want | Exclusive newsletters are part of your subscription, don't miss out! We're always working to add benefits for subscribers like you. | | | | | |
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