Amazon Boycott: Reasons Behind the Movement
Good morning! Today, we’re talking about the Amazon boycott that’s happening right now. This is actually the second time shoppers are protesting against Amazon and its affiliated businesses, and it’s scheduled to last until May 12th.
The boycott is being organized by The People’s Union, a grassroots group that previously coordinated a one-day blackout in February and a three-day blackout in April. This time around, they’re targeting not only Amazon but also its affiliated businesses like Whole Foods Market, Amazon Fresh, Amazon Prime Video, Audible, Twitch, Ring, Zappos, and Kindle.
Some shoppers are upset about what they see as corporate greed, the rollback of diversity, equity, and inclusion efforts, and President Donald Trump’s actions to eliminate federal DEI programs. It’s all part of ongoing protests that continue to gain momentum.
In other news, there have been some changes at Temu, an e-commerce platform. They’ve decided to stop shipping Chinese-made goods to U.S. customers and are now offering products that are shipped from warehouses based in the U.S. This change comes shortly after a key trade loophole closed, so keep an eye out for how this might impact your shopping experience.
As for the Federal Reserve, they are expected to hold interest rates steady after their meeting tomorrow. Economists are keeping a close watch on this, but it looks like rates will remain unchanged for now.
And that’s a wrap on today’s news! Remember to stay informed and keep up with the latest updates. Have a great day!
