ALL THE MONEY NEWS YOU NEED TO KNOW | | | | | Daniel de Visé | Personal Finance Reporter
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We're filling in for Betty Lin-Fisher today and will 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. |
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: |
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. |
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. | | | | Die-hard Huy Fong Foods fans say the wildly popular Sriracha hot sauce in the trademark rooster bottle no longer brings the same heat. | | | | | Truth Social's parent company soared out of the gate Tuesday but volatile trading shook Trump's namesake social media company Thursday. | | | | Customers who need to do some last-minute shopping for Easter this year will have options, but less than normal. Here's what to know. | | | | Home Depot announced Thursday it is buying SRS Distribution in an $18 billion deal it hopes will attract more pro customers and contractors. | | | | A Bojangles in North Carolina adds a typo to it's menu right outside the doors of the restaurant chain. | | | | The Costco food court, home of hot dogs priced at $1.50, with a soda, and $1.99 pizza, could soon be off limits to non-Costco members. | | | | Dollar Tree said that it will have items up to $7 in its stores on its fourth quarter earnings call. The discounter also said that it is seeing more shoppers with over $100,000 incomes in their stores. | | | | Fast food workers are losing their jobs in California as more restaurant chains prepare to meet the $20 minimum wage increase set to go into effect April 1. | | | | Egg-spensive is back again this Easter. Whether people are at their breaking point depends on what they're comparing the prices to. It's all relative. | | | | A number of hotel and hospitality companies that have entered the cruise game in recent years, and they've brought their guests with them. | | | | | | Sign up for the news you want | Exclusive newsletters are part of your subscription, don't miss out! We're always working to add benefits for subscribers like you. | | | | | | |
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