Juratoys Recalls Janod Children’s Shaving Kits Toys

Gold Futures Settle Lower, Post First Weekly Loss In Five Weeks

Gold futures settled lower on Friday, weighed down by a firm dollar and higher Treasury yields.

Following today’s loss, gold futures posted a weekly loss, after recording gains in the previous four weeks.

The dollar index, which slid to 92.33 in the Asian session, rallied to 92.60 by mid afternoon, gaining about 0.13%.

The yield on 10-Year U.S. Treasury Note increased to 1.336%.

Gold futures for December ended down by $7.90 or about 0.4% at $1,792.10 anounce. Gold futures shed about 2.3% this week.

Silver futures for December closed lower by $0.277 or about 1.2% at $23.900 an ounce. Silver futures shed nearly 3.6% in the week.

Copper futures for December settled at $4.4520 per pound, gaining $0.1665 or nearly 4% in the session. Copper futures gained about 2.7% this week.

In economic news, producer prices in the U.S. increased by slightly more than expected in the month of August, according to a report released by the Labor Department.

The Labor Department said its producer price index for final demand climbed by 0.7% in August after jumping by 1% for two straight months. Economists had expected producer prices to increase by 0.6%.

A report released by the Commerce Department showed wholesale inventories in the U.S. increased in line with economist estimates in the month of July.

The report said wholesale inventories rose by 0.6% in July after jumping by 1.2% in June. The increase matched expectations as well as the preliminary estimate.

A Weeknight Pasta That Finds Freedom in the Familiar

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This Salad Is a Party

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The S&P 500 drops for a fifth day, its worst stretch since February.

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A New Podcast Rekindles a Box-Office Bomb

Julie Salamon, the author of a 1991 book about the filming of “The Bonfire of the Vanities,” returns to Hollywood history — and her own.


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Say Hello to the Tortizza, a Dinner Life Raft

These tortilla pizzas, topped with crunchy vegetables and salty feta, couldn’t be easier to make.

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Welcome to the Trump Book Expo

Competition is intense for authors writing about the last administration.

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European Economics Preview: UK Monthly GDP Data Due

Monthly GDP and foreign trade figures are due from the UK on Friday, headlining a busy day for the European economic news.

At 2.00 am ET, the Office for National Statistics releases UK GDP, industrial output and foreign trade figures. The economy is forecast to grow 0.6 percent on month in July, slower than the 1 percent expansion seen in June.

The UK visible trade deficit is seen at GBP 11 billion compared to a -GBP 11.98 billion shortfall in June.

In the meantime, Destatis publishes Germany’s final consumer prices for August. The statistical office is expected to confirm consumer price growth of 3.9 percent.

Also, consumer prices from Norway and Denmark are due.

At 2.45 am ET, France statistical office Insee releases industrial production for July. Economists expect production to grow 0.4 percent on month after rising 0.5 percent in June.

At 3.00 am ET, Spain’s INE publishes industrial production data for July. Production is forecast to expand 5.9 percent on year, following a 11.1 percent rise in June.

Consumer prices from the Czech Republic and unemployment from Turkey are also due.

At 4.00 am ET, Italy’s industrial production data is due. Economists forecast industrial output to rise 0.1 percent on month in July after climbing 1 percent in June.

At 6.30 am ET, Russia’s central bank announces its interest rate decision. The bank is widely expected to hike its key rate to 7.00 percent from 6.50 percent.

Juratoys Recalls Janod Children’s Shaving Kits Toys

Juratoys has recalled about 13,600 Janod children’s shaving kits toys due to violation of federal phthalate ban.

According to the U.S. Consumer Product Safety Commission, the brown trim of the shaving kit bags contains levels of a regulated phthalate that exceed the prohibition of specific phthalates.

Phthalates are a group of chemicals used to make plastics more durable. Phthalates are in hundreds of products, such as vinyl flooring, lubricating oils, and personal-care products. Banned phthalates are toxic if ingested by young children and can cause adverse health issues.

The recall involves Janod Shaving Kit toys. The kit’s blue fabric zippered bag with brown trim and imitation leather handle holds the following wood components: mustache-shaped scissors, mirror, mustache-shaped comb, cologne bottle, shaving brush, shaving cream bottle and shaver.

The company has not received any incidents regarding the recalled products, but has asked customers to immediately stop using the product and return it to the place of purchase for a full refund.

The product was sold at Nordstrom, Crate and Barrel, and Barnes and Noble stores nationwide as well as on online at Amazon.com, Maisonnette.com, Nordstrom.com, CrateandBarrel.com, and Bn.com for about $30.