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FactSet, Axios research; Chart: Thomas Oide/Axios

The McRib is back — even though pork prices are much higher than they were during previous seasons.

Why it matters: A popular theory holds that the McRib only appears when hog prices hit a low point:

"The McRib’s unique aspects and impermanence, many of us believe, make it seem a likely candidate for being a sort of arbitrage strategy. ... In this equation, the undervalued good in question is hog meat."

Willy Staley, The Awl, 2011

Between the lines: The McRib seems to have been consistently introduced at low points in the price of pork. Even this time around, the reintroduction comes only after pork prices have fallen significantly.

Go deeper

Linh Ta, author of Des Moines
Oct 6, 2021 - Axios Des Moines

Our favorite Des Moines ramen spots

The char siu pork ramen from Wasabi Chi ($14). Photo: Linh Ta/Axios

Put that instant packet away. Des Moines' burgeoning ramen scene offers umami-rich broths that leave you slurping for the last bits.

  • And these hidden gems don't advertise themselves as ramen joints. Your favorite sushi spot likely offers it, but you'll have to search the corners of the menu.

Below are some of our favorite spots to chew on some noodles and satiate our jammy egg cravings.

The E-commerce shopping spree

Illustration: Aïda Amer/Axios

Retailers have gotten really good at selling stuff online. So much so, investors want them to separate from the business units that do just that.

Why it matters: Spinning off these crown jewels may jeopardize both the physical and e-commerce sides of the companies in the long run by breaking the benefits of hybrid operations, analysts say.

2 hours ago - World

U.S. envoy to visit Sudan as "most dangerous" crisis intensifies

The sit-in in Khartoum. Photo: Mahmoud Hjaj/Anadolu Agency via Getty

U.S. envoy for the Horn of Africa Jeffrey Feltman will visit Khartoum this week amid what Prime Minister Abdalla Hamdok has called the “worst and most dangerous" crisis of Sudan’s transition to democracy, two sources with direct knowledge tell Axios.

Driving the news: Roughly 2,000-3,000 people had joined a sit-in in Khartoum as of this afternoon, per Reuters, after protesters massed over the weekend to call on the military to bring down the government. The protests came just four weeks after a failed military coup.

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