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☆ Adults are buying more and more kids' toys for themselves in a quest for nostalgia and escape
▼ + stars: | 2024-11-13 | by ( Joshua Nelken-Zitser | ) www.businessinsider.com time to read: +3 min

Adults accounted for 17.3% of US toy sales in 2023, totaling $6.7 billion, per Circana. Research shows that while overall toy sales are in decline in the US, sales driven by nostalgic adults are on the rise. AdvertisementAccording to Circana's data, despite an 8% overall drop in toy sales last year, adult purchases have stayed robust. The group said that US adults spent over $1.5 billion on toys and games in the first quarter of 2024 alone. A Circana report from June on the US toy industry described adults as the "most important age group" for the industry going forward.

Persons: Frédérique Tutt, Tutt, Steve Totzke, Barbie Organizations: Research, BI, Star, Los Angeles Times Locations: Europe, Asia, Japan, South Korea

☆ We would expect markets continue to gain in the event of a Trump victory: RBC Wealth Management
▼ + stars: | 2024-10-31 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe would expect markets continue to gain in the event of a Trump victory: RBC Wealth ManagementFrederique Carrier, head of investment strategy at RBC Wealth Management, discusses the impact of the upcoming U.S. election on markets.

Organizations: RBC Wealth Management

☆ As Netanyahu vows Iran payback, markets watch for dangers of further escalation
▼ + stars: | 2024-10-02 | by ( Natasha Turak | ) www.cnbc.com time to read: +5 min

Markets are now braced for what could follow a likely Israeli retaliation against Iran. watch nowOil prices gained over 5% in the previous session following the missile strike, before tapering to a 2.5% climb. Oil infrastructure 'tempting targets for Israel'Lewis Sage-Passant, an adjunct professor of intelligence at Sciences Po in Paris, described energy markets as jittery, as investors watch for Israel's next moves. Even without direct targeting, much of the world's oil infrastructure sits under these missile's flight paths, so naturally everyone is very nervous." Questions remain whether a strong Israeli response would restore deterrence or trigger further escalation from Iran and tip the nations into a full-blown war.

Persons: Amir Cohen, Hassan Nasrallah, Lewis Sage, Jake Sullivan, Roger Zakheim, what's, Zakheim, Abbas Araghchi, Sara Vakhshouri Organizations: Reuters Israel's, Brent, West Texas, Isles, RBC Wealth Management, Sciences Po, Israel, Energy, U.S . National, Ronald Reagan Institute, Investments, Saab, BAE Systems, Thales, Rheinmetall, Iran's, SVB Energy Locations: Ashkelon, Israel, Tel Aviv, Iran, Tehran, London, Asia, Paris, U.S, Washington

☆ RBC Wealth Management: Too early to turn bearish on markets
▼ + stars: | 2024-07-04 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRBC Wealth Management: Too early to turn bearish on marketsFrederique Carrier, head of investment strategy at RBC Wealth Management, outlines two factors that would "herald a more difficult time."

Organizations: RBC Wealth Management, Frederique

☆ RBC Wealth Management says it likes energy and semiconductor stocks
▼ + stars: | 2024-05-08 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRBC Wealth Management says it likes energy and semiconductor stocksFrederique Carrier, head of investment strategy at RBC wealth management, says it continues to be committed to equities.

Organizations: RBC Wealth Management, RBC

☆ There is still value in luxury stocks over the long term, RBC says
▼ + stars: | 2024-03-22 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThere is still value in luxury stocks over the long term, RBC saysFrédérique Carrier, RBC Wealth Management's head of investment strategy, says there is still value in luxury stocks over the long term, particularly after a recent retreat amid short-term market pressures.

Persons: Frédérique Carrier Organizations: RBC, Frédérique, RBC Wealth

The reversal comes as other high-profile liberal jurisdictions are also getting tougher on drugs and crime. And on Super Tuesday, San Francisco voters approved ballot measures that expand police powers and impose mandatory drug-screening and treatment requirements for welfare recipients. San Francisco had more than 800 motor vehicle thefts per 100,000 residents and – though a decline from 2022 – more than 20,000 car break-ins, according to The San Francisco Standard . In 2019, the year before voters approved the decriminalization measure, Oregon saw 280 accidental opioid overdose deaths, according to state public health authorities . “If you were to ask the public at large I think there’s a perception that it hasn’t worked,” says Hansen.

Persons: ” Kassandra Frederique, “, ” Leo Beletsky, –, Bob Lee, Henry Cuellar, Democrat –, Mayor London Breed, It’s, ” Beletsky, Tina Kotek, George Floyd’s, ”, Ben Hansen, hasn’t, Hansen Organizations: Drug Policy Alliance, Washington , D.C, San Francisco, Northeastern University, D.C, San Francisco Standard, Republican, Democrat, Mayor London, University of Oregon Locations: Oregon, Washington ,, Washington, carjackings, San Francisco, downtown San Francisco, Portland, Portland –, West Coast

☆ RBC analyst: We're still constructive on U.S. stocks
▼ + stars: | 2024-03-12 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRBC analyst: We're still constructive on U.S. stocksFrederique Carrier, managing director, head of Investment strategy for the British Isles and Asia at RBC Wealth Management, says it expects the first U.S. Federal Reserve interest rate cut to take place in June.

Persons: We're Organizations: RBC, Carrier, Isles, RBC Wealth Management, U.S . Federal Locations: Asia

☆ I'm a woman named Fred. I dread having to introduce myself to new people.
▼ + stars: | 2024-02-10 | by ( Fred Sahai | ) www.businessinsider.com time to read: +4 min

I was the girl named Fred"She's a girl, but her name is Fred?" He thought it'd be cool to have a daughter named Fred. Apart from the odd Uber driver asking me if my dad or brother had ordered the ride for me, it wasn't a big deal to be a girl named Fred growing up. But being a girl named Fred in America was more challenging than I anticipated. Dating apps have also been an interesting place to be a girl named Fred.

Persons: —, Fred, She's, Frederick, Fran, they'd, I'm, Chloe, it's, someone's Organizations: Fred, Service Locations: Canada, Montreal, India, Quebec, Charleston , South Carolina, Charleston, French, Frédérique, New York City, America

The holiday season, which begins with Black Friday at the end of November and lasts roughly until the end of December, is expected to be especially tough for retailers selling discretionary items, executives say. "We are seeing some early Black Friday sales start just now," Barbie maker Mattel's (MAT.O) president and chief commercial officer, Steve Totzke, told Reuters on Monday. "The market for toys has been declining for the whole year," said Florian Sieber, CEO of German toy maker Simba. "We are expecting a good holiday season for Mattel," Totzke said. "We expect to continue to gain share throughout the holiday season."

Persons: Peter Nicholls, Larian, Santa Claus, Barbie, Loo, Isaac Larian, Toymakers, Nic Aldridge, Aldridge, Mattel's, Steve Totzke, Florian Sieber, Simba, Sieber, Totzke, Frédérique Tutt, Jerry Storch, Richa Naidu, Matt Scuffham Organizations: REUTERS, Hasbro, Mattel, Consumers, Euromonitor, MGA Entertainment, Toymakers Hasbro, Reuters, Bandai, P, Global, Storch Advisors, Hudson's, Thomson Locations: London, Britain, Europe, Santa, United States, Loo Wee, U.S

"We are seeing some early Black Friday sales start just now," Barbie maker Mattel's (MAT.O) president and chief commercial officer, Steve Totzke, told Reuters on Monday. "The market for toys has been declining for the whole year," said Florian Sieber, CEO of German toy maker Simba. "We are expecting a good holiday season for Mattel," Totzke said. "We expect to continue to gain share throughout the holiday season." "But it's a reality that there won't be as many toys sold this year as last year."

☆ We're cautious on credit but more positive on rates, RBC Wealth Management says
▼ + stars: | 2023-11-02 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe're cautious on credit but more positive on rates, RBC Wealth Management saysFrederique Carrier of RBC Wealth Management discusses the outlook for interest rates and lending conditions.

Organizations: RBC Wealth Management, Frederique

☆ Opill: The FDA approved the US’ first over-the-counter birth control pill. What happens next?
▼ + stars: | 2023-07-21 | by ( Amanda Musa | ) edition.cnn.com time to read: +8 min

CNN —The US Food and Drug Administration has approved the oral contraceptive Opill for over-the-counter use, making it the first nonprescription birth control pill in the United States, but it will be months before it’s available. The typical combination birth control pill, the most commonly used form of oral contraception, uses both hormones to prevent pregnancy. “People use birth control for things outside of preventing pregnancy like [polycystic ovary syndrome], treating heavy periods, painful periods,” she said. “There’s a lot of uses for it outside of birth control that people also will benefit if they can get it over the counter.”Who can use Opill? This could have a major impact for adolescents and young adults who may not otherwise have the resources to access birth control, according to Brandi.

Persons: Gynecologists, ” ACOG, Carolyn Westhoff, they’re, “, ”, Opill, Kristyn Brandi, Brandi, ” Brandi, Anne, Marie Amies Oelschlager, Amies Oelschlager, Jennifer Robinson, ” Robinson, Frederique, Joe Biden, Court’s Dobbs, Dr, Sanjay Gupta, Meg Tirrell Organizations: CNN, Food and Drug Administration, American College of Obstetricians, FDA, Columbia University, Physicians for Reproductive Health, Gynecology, of Gynecology, Johns Hopkins University, Treasury, Labor, Human, CNN Health Locations: United States, Opill, New Jersey

☆ The Bank of Japan will likely abandon its yield curve control policy later this year: Wealth manager
▼ + stars: | 2023-07-21 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Bank of Japan will likely abandon its yield curve control policy later this year: Wealth managerFrederique Carrier, head of investment strategy at RBC Wealth Management, discusses the outlook for the Japanese economy.

Persons: Frederique Carrier Organizations: of, RBC Wealth Management Locations: of Japan

U.S. stocks have made big gains this year, but the performance across global stocks has been uneven so far. So where will global stocks go in the second half of the year? Five of the strategists polled expect global markets to fall, while another five say the stocks will beat their U.S. counterparts. Global market bulls Those who expect global stocks to beat the U.S. are most bullish on the U.K., Europe and Japan. Global market bears Andreas Bruckner, European equity strategist at BofA Global Research, predicts that Europe's Stoxx 600 will end the year at 390 — a nearly 15% decline from Monday's close.

Persons: Christian Abuide, Karim Chedid, Liz Ann Sonders, Charles Schwab, Andreas Bruckner, Mark Haefele, Bruckner, Roger Lee, Lee, Haefele, Carrier Organizations: CNBC Pro, U.S, Lombard, iShares, BofA Global Research, UBS Global Wealth, Nasdaq, UBS, RBC Wealth Management Locations: Japan, China, U.S, Europe

☆ Insurance may not cover birth control drug Opill without prescription
▼ + stars: | 2023-07-15 | by ( Spencer Kimball | ) www.cnbc.com time to read: +1 min

The first birth control pill sold without a prescription in the U.S. could remain out of reach for some women and girls because health insurance plans are not required to cover the medication in its over-the-counter form. But some women and girls could still face barriers to obtain Opill. The Affordable Care Act does not require private health insurance to cover the cost of the pill when used without a prescription. Most health insurers are required to offer birth control for free when prescribed by a doctor. State Medicaid programs are also generally not required to cover drugs sold without prescription, according to the federal Centers for Medicare & Medicaid Services.

Persons: Perrigo, Frederique Welgryn, Welgryn Organizations: U.S . Food, Drug Administration, Women's Health, Perrigo, Medicare, Medicaid Services Locations: U.S

☆ FDA approves first over-the-counter birth control pill
▼ + stars: | 2023-07-13 | by ( Carma Hassan | ) edition.cnn.com time to read: +3 min

CNN —The US Food and Drug Administration on Thursday approved the birth control pill Opill to be available over-the-counter — the first nonprescription birth control pill in the United States. Opill is expected to be available over-the-counter in stores by the end of March 2024. The FDA has faced pressure to allow Opill to go over-the-counter from lawmakers as well as health care providers. A recent study showed that it has become harder for women to access reproductive health care services more broadly — such as routine screenings and birth control — in recent years. About 45% of women experienced at least one barrier to reproductive health care services in 2021, up 10% from 2017.

Persons: “, Patrizia Cavazzoni, “, ”, Frederique Welgryn, Opill, Welgryn, Perrigo, Dr, Sanjay Gupta, —, Meg Tirrell Organizations: CNN, Food and Drug Administration, FDA’s Center, Drug, Research, FDA, CNN Health Locations: United States, U.S

☆ FDA approves Opill, the first over-the-counter birth control pill
▼ + stars: | 2023-07-13 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +3 min

HRA Pharma expects a final decision by the FDA this summer on its application for nonprescription sales of Opill, which is generically called norgestrel. The Food and Drug Administration on Thursday approved the first over-the-counter birth control pill, a landmark decision that will allow more women and girls in the U.S. to prevent unintended pregnancies without a prescription. The daily pill, called Opill, was first approved by the FDA as a prescription in 1973. Medical organizations like the American College of Obstetricians and Gynecologists and women's health advocates have pushed for wider access. More than 50 members of Congress in March 2022 also called on FDA Commissioner Dr. Robert Califf to ensure the agency reviewed applications for over-the-counter birth control pills without delay.

Persons: Biden, Wade, –, Welgryn, Robert Califf, Patrizia Cavazzoni, Opill Organizations: HRA Pharma, FDA, Drug Administration, American College of Obstetricians, FDA's Center, Drug, Research Locations: U.S, Paris, Dublin

☆ F.D.A. Approves First U.S. Over-the-Counter Birth Control Pill
▼ + stars: | 2023-07-13 | by ( Pam Belluck | More About Pam Belluck | ) www.nytimes.com time to read: +1 min

The Food and Drug Administration on Thursday approved a birth control pill to be sold without a prescription for the first time in the United States, a step that could significantly expand access to contraception. The medication, called Opill, will become the most effective birth control method available over the counter — more effective at preventing pregnancy than condoms, spermicides and other nonprescription methods. Experts in reproductive health said its availability could be especially useful for young women, teenagers and those who have difficulty dealing with the time, costs or logistical hurdles involved in visiting a doctor to obtain a prescription. The pill’s manufacturer, Perrigo Company, based in Dublin, said Opill would most likely become available from stores and online retailers in the United States in early 2024. The company did not say how much the medication would cost — a key question that will help determine how many people will use the pill — but Frédérique Welgryn, Perrigo’s global vice president for women’s health, said in a statement that the company was committed to making the pill “accessible and affordable to women and people of all ages.” Ms. Welgryn has also said the company would have a consumer assistance program to provide the pill at no cost to some women.

Persons: Opill, Ms, Welgryn Organizations: Drug Administration, Perrigo Locations: United States, Dublin

The bullish view Just four of the 15 strategists expect the S & P 500 to end the year higher than current levels, albeit very slightly. He expects the S & P 500 to end the year at 4,500 — up 2.3% from its current level. Instead, Peng said the S & P 500 's performance will likely broaden over the second half of this year. She expects the S & P 500 to remain flat by the end of the year at 4,300. UBS expects the S & P 500 to end the year at 4,100 — a drop of 7% from current levels.

Persons: Stocks, BlackRock Karim Chedid, Jerome Powell, Karim Chedid, Chedid, Chadha, Charles Schwab Liz Ann Sonders, Ken Peng, Peng, Savita Subramanian, Andreas Bruckner, Liz Ann Sonders, Charles Schwab, Matt Rowe, Mark Haefele, Christian Abuide, Sameer Samana, Rowe, Wouter Sturkenboom, Sturkenboom Organizations: CNBC Pro, Investment, iShares EMEA, BlackRock, Reserve, Deutsche Bank, Citi Global Wealth Investments, Big Tech, Bank of, Equity, Nomura, UBS Global Wealth Management, Federal Reserve, UBS, Lombard, RBC Wealth Management, U.S, Global Market, Wells, Wells Fargo Investment, Nomura Private Capital, EMEA, APAC, Northern Trust, Wells Fargo Investment Institute Locations: U.S, Asia, Europe, Wells Fargo, Northern, Samana

☆ Fact Check-Bordeaux street attack suspect was born in France
▼ + stars: | 2023-06-23 | by ( Reuters Fact Check | ) www.reuters.com time to read: +1 min

A man suspected of assaulting a 73-year-old woman and her 7-year-old granddaughter on a street in Bordeaux on June 19 was born in France, contrary to claims being made online that he is an African migrant. The incident happened at around 5:30pm on Cours de la Martinique, according to a press release attributed to Bordeaux’s state prosecutor Frédérique Porterie. However, a spokesperson for the government of the Gironde region around Bordeaux as well as the city’s deputy prosecutor confirmed to Reuters in separate emails that the suspect was born in France. Sébastien Baumert-Stortz, deputy prosecutor in charge of the General Secretariat Judicial Court of Bordeaux, said the man was born in Bordeaux on July 12, 1993. The suspect is a French citizen and was born in Bordeaux, France.

Persons: Frédérique Porterie, Sébastien, “ He’s, ”, –, Read Organizations: Cours, la Martinique, Facebook, Twitter, Reuters Locations: Bordeaux, France, African, Gironde, French

☆ Renault's Mobilize in talks with European retailer to provide charging boxes for EV
▼ + stars: | 2023-06-14 | by ( ) www.reuters.com time to read: 1 min

PARIS, June 14 (Reuters) - Renault's (RENA.PA) new Mobilize unit is in advanced talks with a major European retailer to provide charging boxes for electric vehicles, a Mobilize spokesperson told Reuters on Wednesday. The spokesperson was confirming comments made earlier by chipmaker STMicroelectronics (STMPA.PA). Frederique Le Greves, CEO of STMicro France, had told the VivaTech conference in Paris that this would the first contract for the Mobilize PowerBox, developed by Software Republique, a tech partnership that counts Renault and STMicro among its members. Reporting by Gilles Guillaume, Writing by Dominique Vidalon; Editing by Benoit Van OverstraetenOur Standards: The Thomson Reuters Trust Principles.

Persons: chipmaker STMicroelectronics, Frederique Le Greves, Gilles Guillaume, Dominique Vidalon, Benoit Van Overstraeten Organizations: Reuters, Software Republique, Renault, Thomson Locations: STMicro France, Paris

☆ U.S. interest rates will probably stay at current levels for some time, strategist says
▼ + stars: | 2023-05-11 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailU.S. interest rates will probably stay at current levels for some time, strategist saysFrederique Carrier, head of investment strategy at RBC Wealth Management, says "we might find ourselves, in a couple of months, talking about the possibility of another rate hike — a small probability, but it's not a risk that we would want to dismiss."

☆ European banks face renewed selling pressure
▼ + stars: | 2023-03-24 | by ( ) www.reuters.com time to read: +8 min

So people are acting with their feet and continuing to sell bank stocks. ING ECONOMICS TEAM (emailed) "Most European banks are impacted by these events mainly via the more cautious market sentiment. "It seems like post what happened to Credit Suisse last weekend, two things might be at play here. “European banks probably suffered from contagion from what was going on in the US, where the regional banks seem to be under pressure in the rising rate environment. European banks have, in fact, had no fundamental issues whatsoever.

☆ Investors are still worried about a run on deposits of some ailing banks while massive lifelines buy more time
▼ + stars: | 2023-03-18 | by ( Filip De Mott | ) www.businessinsider.com time to read: +4 min

Shares of First Republic and Credit Suisse continued to sell off despite massive lifelines. First Republic is receiving $30 billion in deposits from Wall Street giants and large regional banks. Meanwhile, Switzerland's central bank provided Credit Suisse with $54 billion in liquidity. In the case of Credit Suisse, depositors have been fleeing since well before SVB failed. Bank mergers could help, and UBS is in talks to acquire all or parts of Credit Suisse, according to reports.

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