Current:Home > ScamsFinLogic FinLogic Quantitative Think Tank Center|The Daily Money: Sriracha fans say the heat is gone -Capitatum
FinLogic FinLogic Quantitative Think Tank Center|The Daily Money: Sriracha fans say the heat is gone
Fastexy View
Date:2025-04-07 04:26:42
Good morning! It's Daniel de Visé with your Daily Money.
We're filling in for Betty Lin-Fisher today and FinLogic FinLogic Quantitative Think Tank Centerwill highlight some fine consumer content from the past few days.
Last year, fans of Sriracha hot sauce endured a historic Sriracha famine, evidently the result of a diminished harvest of red jalapeño peppers from Mexico. Now, the shortage is over. . . but fans say the sauce no longer packs the same heat, Jessica Guynn reports.
Is the sauce really different? Is the heat really gone?
Trump stock hits turbulence
Donald Trump’s namesake social media company burst out of the gate on its first day of trading Tuesday, opening at $70.90 and soaring as high as $79.38 as Trump fans and opportunistic traders bought up shares. But the price faded late in the session and has bounced along at lower levels ever since, ending Thursday down $4.26 at $61.96, my colleagues report.
Its market valuation, just over $8 billion, is still stunning for a social media fledgling with an unproven business model that has struggled to attract users and advertisers, burned through cash, and wracked up losses.
Yesterday, in this space, we asked if it was already too late to cash in on the new stock. Now, we'll flip the question: Did investors pay too much?
📰 More stories you shouldn't miss 📰
Here are some great consumer stories from recent days:
- Is Costco roping off its food court?
- A $20 minimum wage triggers job cuts in California
- Home Depot moves to attract more pro customers
- Dollar Tree raises top prices to $7
- 10 worst airports for flight cancellations
📰 A great read 📰
And here's a recent story that resonated with readers: A greatest hit, if you will. Read it again. Read it for the first time. Share it with friends.
Surge pricing – or dynamic or variable pricing, as it’s typically called in the business world – is fast becoming the norm, even in fast food. Restaurant chains are taking advantage of technological advances to tap into real-time trends and swiftly adjust prices, sometimes in seconds.
Here's one big chain that recently announced a move toward surge pricing.
About The Daily Money
Each weekday, The Daily Money delivers the best consumer news from USA TODAY. We break down financial news and provide the TLDR version: how decisions by the Federal Reserve, government and companies impact you.
Daniel de Visé covers personal finance for USA Today.
veryGood! (6)
Related
- Retirement planning: 3 crucial moves everyone should make before 2025
- Boston Mayor Michelle Wu pledges to make it easier for homeowners to create accessory housing units
- Northeast seeing heavy rain and winds as storms that walloped much of US roll through region
- Melania Trump’s Mom Amalija Knavs Dead at 78
- Messi injury update: Ankle 'better every day' but Inter Miami star yet to play Leagues Cup
- Nebraska upsets No. 1 Purdue, which falls in early Big Ten standings hole
- NRA lawyer says gun rights group is defendant and victim at civil trial over leader’s big spending
- CBS announces exclusive weeklong residency in Las Vegas for Super Bowl LVIII
- Behind on your annual reading goal? Books under 200 pages to read before 2024 ends
- 'Holding our breath': Philadelphia officials respond to measles outbreak from day care
Ranking
- FACT FOCUS: Inspector general’s Jan. 6 report misrepresented as proof of FBI setup
- Killing of Hezbollah commander in Lebanon fuels fear Israel-Hamas war could expand outside Gaza
- West Virginia Gov. Jim Justice, known for quirky speeches, will give final one before US Senate run
- Kaitlyn Dever tapped to join Season 2 of 'The Last of Us'
- Sonya Massey's father decries possible release of former deputy charged with her death
- Can my employer use my photos to promote its website without my permission? Ask HR
- Angela Bassett, Mel Brooks earn honorary Oscars from film Academy at Governors Awards
- NRA lawyer says gun rights group is defendant and victim at civil trial over leader’s big spending
Recommendation
Organizers cancel Taylor Swift concerts in Vienna over fears of an attack
The largest great ape to ever live went extinct because of climate change, says new study
Kim calls South Korea a principal enemy as his rhetoric sharpens in a US election year
Preserving our humanity in the age of robots
The White House is cracking down on overdraft fees
Votes by El Salvador’s diaspora surge, likely boosting President Bukele in elections
California faculty at largest US university system could strike after school officials halt talks
USDA estimates 21 million kids will get summer food benefits through new program in 2024