A Columbia Law School study reveals that Amazon and Walmart intentionally suppress search results for "Made in USA" products using their AI shopping agents, favoring imported goods instead. Despite over 80% of Americans preferring domestic products for economic and job reasons, these retailers' AI systems mislabel or hide American-made items and allow fraudulent origin claims. The AI agents themselves admit this is a deliberate business decision, not a technical issue. The report calls for stronger regulatory action and potential legal accountability to address this widespread problem and better support American manufacturers and consumers.
Amazon reported a strong second quarter with revenue growth accelerating to nearly 20% year-over-year. The company's recent investments in data center capital expenditures are starting to generate tangible returns, addressing market doubts about spen...
A personal finance writer opened four new credit cards within 10 months, resulting in a temporary 14-point drop in his credit score from 780 to 766. Despite the dip, he earned over $3,300 in rewards and sign-up bonuses by strategically using cards li...
Amazon announced it received $600 million in refunds after many of President Trump's tariffs were struck down by the Supreme Court. The company plans to return some of this money to customers who were directly charged the tariffs, a rare move among m...
Major tech companies like Amazon, Alphabet, Tesla, and Meta are experiencing negative cash flow due to heavy spending on AI infrastructure and a memory chip shortage that is driving up costs. Apple also issued a weaker revenue forecast, citing supply...
Amazon is expected to open with double-digit gains following its Q2 earnings report, which showed $200.6 billion in quarterly revenue and a 37% year-over-year increase in AWS sales. CEO Andy Jassy noted that capital expenditures will rise to $220 bil...
