food stamps

Amazon Begins Accepting Food Stamps as Stock Price Soars

Amazon announced this week that it has been approved by the Department of Agriculture to accept food stamp benefits in seven states. The announcement comes at the same time as Amazon’s stock is soaring — last week the stock jumped more than five percent in one day, increasing CEO Jeff Bezos’ net worth by $6.4 billion in a single day. 

Amazon founder Jeff Bezos during the JFK Space Summit at the John F. Kennedy Presidential Library in Boston, Wednesday, June 19, 2019. (AP Photo/Charles Krupa)