Netflix’s Bid for Warner Bros Discovery Aims to Cut Streaming Costs and Reshape the Industry 
Every generation thinks they had it the toughest, but for Gen Z, they’re probably right 
Columbia Student Mahmoud Khalil Fights Arrest as Deportation Case Moves to New Jersey 
Visa to Move European Headquarters to London’s Canary Wharf 
China’s Services Sector Posts Slowest Growth in Five Months as Demand Softens 
IMF Deputy Dan Katz Visits China as Key Economic Review Nears 
Tesla Faces 19% Drop in UK Registrations as Competition Intensifies 
Microchip Technology Boosts Q3 Outlook on Strong Bookings Momentum 
Debate over H-1B visas shines spotlight on US tech worker shortages 
UPS MD-11 Crash Prompts Families to Prepare Wrongful Death Lawsuit 
Citi Sets Bullish 2026 Target for STOXX 600 as Fiscal Support and Monetary Easing Boost Outlook 
Germany’s Economic Recovery Slows as Trade Tensions and Rising Costs Weigh on Growth 
Dollar Weakens Ahead of Expected Federal Reserve Rate Cut 
Gold Prices Steady as Markets Await Key U.S. Data and Expected Fed Rate Cut 
European Stocks Rise as Markets Await Key U.S. Inflation Data 
6 simple questions to tell if a ‘finfluencer’ is more flash than cash 
ExxonMobil to Shut Older Singapore Steam Cracker Amid Global Petrochemical Downturn 
Brands like Nike, Rolex, Bottega Veneta, Chrome Hearts, and Hermès were the top five brands with the biggest resale value gains in 2021, according to The RealReal’s 2022 Luxury Consignment Report.
The annual report analyzed behavior from 24 million users and more than 22 million items sold by comparing year-over-year data from January to November of 2020 and 2021,
Prices for Nike goods saw a 32 percent jump overall, doubling the increase of the next closest brand, which Mayank Hajela, senior director of men’s goods at The RealReal, attributes to its coveted new Dunk styles and ongoing collaborations with Off-White and Sacai.
Rolex enjoyed a 16 percent jump in overall spending with its watches are selling for up to 298 percent of their original retail prices, due to the limited inventory.
Meanwhile, Bottega Veneta had a 15 percent increase partly due to a 62 percent jump in men purchasing its gender-fluid bags.
While many shoppers have been buying at the resale market for ecological purposes, the drop in primary market supply also played a major role in surging sales
Millennials, who primarily use the marketplace as a side hustle and to reinvest in their wardrobes, account for 36 percent of consignors, while Gen X represents 33 percent of consigners who genuinely feel the need to practice sustainability.
