GOOD DAY FOR: Getting used, as the new wave of economy-fueled frugality is boosting sales at secondhand stores. While retailers like Macy’s are struggling, Winmark has seen double-digit jumps in same-store sales at its four used-item franchises, Plato’s Closet, Play It Again Sports, Once Upon a Child, and Music Go Round. Winmark itself posted a 19 percent jump in quarterly profit. Goodwill and Salvation Army have also reported increasing sales. (MarketWatch)
BAD DAY FOR: Hedge funds, after new estimates from Singapore-based Eurekahedge have the global hedge fund industry losing $100 billion in assets in October. Market losses and investor withdrawals hammered the $1.7 trillion industry. (Bloomberg)
THE WEEK'S AUDIOPHILE PODCASTS: LISTEN SMARTER
- 43 TV shows to watch in 2014
- How to be the most productive person in your office — and still get home by 5:30 p.m.
- Here comes the Pentagon's newest space plane
- 3 horrific inaccuracies in Homeland's depiction of Islamabad
- The real story behind Deliver Us From Evil
- The U.S. is about to sell weapons to Vietnam. That's bad news for China.
- Extreme haunted houses: Inside Halloween's most terrifying new trend
- How 1,000-year lifespans could remake the economy
- Everything you need to know about Japan's population crisis
- Gamergate might be gaming sexism's Waterloo
Subscribe to the Week