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Walmart says it's not using personal information to set prices as it expands digital shelf labels

Walmart is aiming to assuage customers' fears about its new pricing technology as it rolls out digital price labels at its stores. In a statement posted online, Walmart Inc.’s CEO John Furner vowed that the Bentonville, Arkansas-based retailer isn’t using personal information like income, shopping history or a shopper’s willingness to pay to set prices…

Sources (1)+1 copy· Sep 27, 8:03 PM to Sep 27, 8:21 PM

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The Atlanta Journal-Constitution· Sep 27, 8:03 PMWalmart says it's not using personal information to set prices as it expands digital shelf labelsAlso ran in Santa Ana Orange County Register

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Natural News13d agoWhole story →

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New York Sues Polymarket Claiming Prediction Markets Are Just Illegal BetsWhat This Fight Is Really About New York says Polymarket runs unlicensed gambling that lets 18-year-olds stake money on sports. Polymarket fires back that federal CFTC rules alone control its event contracts. The same baseball outcome draws different age limits and protections depending only on the app’s button label. By Samuel López | USA Herald New…

USA Herald14d agoWhole story →

Commerce polymarket lawsuit

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Since

The FTC is sending money to people affected by GOAT marketplace’s “deceptive” policies.In 2024, the FTC alleged that GOAT didn’t mail “some priority processing orders as fast as promised” and didn’t have a system in place to honor its “Buyer Protection” policy that promised full refunds for products found to be incorrect. Last year, GOAT settled with the FTC and refunded more than $736,000, and today, the FTC is distributing payments…

The Verge3d agoWhole story →

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McDonald's sued over AI tool that recommends prices to US franchiseesMcDonald’s is facing a federal lawsuit that alleges its AI-enhanced pricing tool violates antitrust laws because it shares nonpublic data with competing franchisees.

WDIV ClickOnDetroit2d agoWhole story →

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How the Trump Administration Is Eroding Airline Passengers’ RightsUnder Sean Duffy, the Transportation Department has worked to roll back consumer protections. Passenger advocates say the changes favor airlines.

The New York Times2d agoWhole story →

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Healthcare’s Economic Risk Is Too Big to Ignore: Jonathan LevinConsumer confidence is collapsing, hiring is weak and the housing market is largely frozen. All of which serves to underscore that the US economy is only holding up because of the boom in artificial intelligence and an aging population spending ever more on healthcare. Although the former seems to garner all the attention these days, the latter is…

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Inflation Fears Surge Again: Americans' One-Year Outlook Hits Highest Level in More Than Three YearsMedian inflation expectations for the next 12 months jumped to 3.9%, up from 3.6% in August, according to the Federal Reserve Bank of New York's September Survey of Consumer Expectations.

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Commerce inflation expectations surge

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