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Wednesday, March 24, 2021

The Daily Money: Cinnamon Toast Crunch-gate

In today's edition of our Daily Money newsletter, we have insights on COVID vaccines and eating out and online harassment of Asian Americans. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 
usatoday.com

The Daily Money
 
Wednesday, March 24

Good morning, Daily Money folks, it's Nathan Bomey wishing you a happy Wednesday. Did you know there were container ships the size of skyscrapers? Nor did I. But the Suez Canal is apparently being blocked by one.

We have lots of cereal news today. We tried hard over here.

πŸ’° Hey, Daily Money is our regular USA TODAY roundup of all things personal finance, business and tech. If you're not yet subscribed, it's free, so sign up here.

πŸ’‘ INSIGHT OF THE DAY: Getting vaccinated will greatly protect you from COVID-19. But about 25% to 30% of Americans will still wait until the nation reaches herd immunity to dine out or fly, according to a Harris Poll survey for USA TODAY.

Shuai Yang, co-owner of LanZhou Ramen restaurant in Doraville, Ga.
Shuai Yang, co-owner of LanZhou Ramen restaurant in Doraville, Ga.
MATT BURKHARTT/Staff

πŸ“° Here are our top stories:

1. Asian Americans reported the single biggest increase in serious incidents of online hate and harassment over the past year, Jessica Guynn reports. Racist and xenophobic slurs blaming people of Asian descent for the coronavirus pandemic have been widespread, according to a new survey shared exclusively with USA TODAY. 

2. Who to believe? This comedian claims he found shrimp tails in his box of Cinnamon Toast Crunch, but General Mills says nope.

3. Remember Pontiac? This collector wants to turn a Michigan school into a museum for the defunct GM car brand.

4. The Grape-Nuts shortage is over. We're saved at last.

Something tells me there won't be a Cinnamon Toast Crunch shortage for a while.

More news below!

--@NathanBomey

As the rate of new cases of COVID-19 continues to drop, the effort to get back to "normal" has become a race between vaccination on one hand and what many experts believe is a careless effort to reopen the economy on the other. The decision by Texas Gov. Gregory Abbott to drop the mask mandate in the nation's second largest state caused particular consternation among those who want to allow vaccination   rates to rise before unmasked public gatherings begin. (   This is when Americans can stop wearing face masks according to Dr. Fauci   .)   Confirmed cases in the United States number 29,293,090 to date. The rate at which they rise on a daily basis has dropped by two-thirds in the past two months. However, the figure remains about 25% of all those in the world. Fatal cases have reached 530,614, which is a fifth of the global total.    The national vaccination rate has risen steadily for the past three weeks and about 18% of the population has now received at least one dose, while just under 10% have received two shots. A total of 123,232,775 doses have been delivered to date and 93,692,598   shots have been given. (   These are the states where the most people are refusing the COVID-19 vaccine   .)    The course of the disease is no longer falling in all large states, however. Florida is a particularly worrisome case, and events there suddenly have become a warning to the rest of the country.
Many won't dine out even after second COVID dose
Many say they won't dine out, travel even after second COVID dose. They plan to wait for herd immunity, a stance that could temper initial recovery.
Should Pontiac cars get a museum?
Old and classic Pontiac cars in a row at the yet-t
Man believes his box of cereal had shrimp tails
Cinnamon Toast Crunch
Kellogg's is bringing back Cereal Straws after more...
Kellogg's Cereal Straws are back.
Grape-Nuts shortage of 2021 is over, company says
Grape-Nuts is back on store shelves.
6 ways to financially prepare for quitting your job
A smiling man carrying a cardboard box and walking
The silver screen is back: Regal Cinemas set to reopen...
Regal Cinemas on 42nd Street is temporarily closed
Tesla now accepting Bitcoin as payment, says Elon Musk
Tesla CEO Elon Musk.
Citigroup to make Fridays Zoom free to stem burnout
Outside of a Citigroup building
IRS: More stimulus checks are coming this week
The IRS says more stimulus checks are expected to
 
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