RESALE VALUE OF LUXURY BAGS FALLS
Inflation and recession fears are pushing consumers to spend less, and it's having ripple effects on the market for secondhand goods. A new report from luxury reseller The RealReal found that handbag resale prices plunged 20 percent for Louis Vuitton, 17 percent for Gucci, 10 percent for Hermès, and 9 percent for Chanel in the past three months. The retailer said the trend started in the fall of 2022, even as the resale market overall was red-hot with demand.
WINGS RETURN TO TACO BELL
Crispy chicken wings are returning to Taco Bell from January 26 through February 9. That's a week longer than last year's successful limited run. What's new this year is that the fast food chain is adding a "wings filter" to its app, so customers can see which locations have wings. Not incidentally, the crispy chicken wings will be available throughout the NFL playoffs, when wings become a popular accompaniment to watching the Big Game.
Fortnite launched a trailer for its brand-new season.
Ariana Grande uploaded a live performance of her song 'Honeymoon Avenue.'
Big Business This Week is a guided tour through the biggest market stories of the week, from winning stocks to brutal dips to the facts and forecasts generating buzz on Wall Street. This week we're following the Jackson Hole Economic Symposium, UPS, Dollar Tree, Nvidia and Peloton.
Miley Cyrus and Selena Gomez released new music on Friday.
'Gran Turismo' is coming out Friday in theaters.
'Dune: Part Two' will now be released next year instead of in November.
A hospital in Georgia celebrates babies in the NICU with a graduation ceremony when they are discharged.
Summer is nearing its end but that doesn't mean you can't still catch some fun in the sun without breaking the bank. Viveca Chow, an expert on free and cheap things to do in New York City, joined Cheddar News to provide tips on where and how you can save while visiting the city.
The London Zoo had its annual weigh-in to keep records of animals there updated.
Police are warning about a wild monkey that's on the loose in Florida.
