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.
Feltz Bagels is a pop up shop in New York so watch out before you take a bite.
The Nobel Prize in literature has been awarded to Norwegian author Jon Fosse.
A new pop-up is recreating Elvis Presley's famous living room from Graceland and will be in New York on Thursday and Friday. Kevin Kern, vice president of public relations with Memphis Tourism, joined Cheddar News to explain what pieces are in the recreated room, including a drink inspired by the King of Rock 'n Roll.
With the annual Beauty CEW Awards in tow, Brittany Lo, founder of Beia Beauty, joined Cheddar News to show and demonstrate some of her company's sensual care products. Beia Beauty is a finalist in the sexual wellness category.
A Texas county commissioner is facing a possible felony charge in Nebraska after accidentally shooting his 12-year-old grandson during a wedding he was officiating.
Jurassic Park and Lego are partnering for a movie.
Police in Iowa helped rescue an owl stuck in a soccer net.
A self-described gangster who police and prosecutors say masterminded the shooting death of Tupac Shakur in Las Vegas in 1996 made his first court appearance Wednesday on a murder charge.
Staying on top of your personal spending shouldn't be as complicated as you think. Lazetta Braxton, a certified financial planner, joined Cheddar News to provide tips on how to track that spending, such as grouping expenses into different categories.
Author James Patterson joined Cheddar News to discuss a new book he co-wrote with Mike Lupica, "12 Months to Live," their third project together and also spoke about their upcoming tour as well as his passion for child literacy.
