Sex Toys Becoming More Popular, Thanks To Shows Like "Broad City" and "Grace and Frankie"
Once considered taboo, sex toys are now becoming a mainstay in pop culture. Shows like "Broad City," and films like "Fifty Shades Of Grey," have increased cultural awareness and acceptance of sex toys. Now the adult toy industry is cashing in.
Zoe Henry, Reporter at Inc. Magazine, explains why the sex toy sales are growing at a rapid rate. In 2015, the adult toy industry surpassed $20 billion. That rate is expected to rise at about 8% each year through 2020.
Jay Hatfield, chief investment officer for ICAP, joined Cheddar News to discuss how markets are reacting to labor market news and what the Federal Reserve will do next in terms of interest rates.
Kristin Cavallari, who first gained fame as a cast member of the MTV reality show Laguna Beach, is now the founder of a beauty company called Uncommon James. Cheddar News anchor Hena Doba took a walk with Cavallari to discuss her many business ventures.