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You shouldn't believe everything your read. Predatory pricing, outrageous propaganda, and questionable advertising--no, I don't refer to Walmart, Target, or Amazon, but to the practices of William Randolph Hearst. He was one of the original national snake oil salesmen.
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He made up stories from nothing and often exaggerated the story around simple incidences. He could sensationalize a young boy scraping his knee into a horrific accident where all four limbs were lost. Remember the Maine? Hearst made sure every American did, hence the Spanish-American War.
His were not the first predatory business practices in the U.S. but they were the most defining in American media.
Today, I could name the tabloids of The Star, The Worldwide News, The National Enquire, and The Sun, but these days the more established media such as The New York Times seem to be following suit. Yellow Journalism, unfortunately, seems to be with us still today.