Whirlpool says Iran war causing ‘recession-level industry decline.’ The shares are down 20%

Whirlpool says Iran war causing ‘recession-level industry decline.’ The shares are down 20%

Whirlpool shares tumbled Thursday after the long-lasting equipment maker warned that the war in Iran triggered a extreme downturn, underscoring how sharply larger gas costs and collapsing shopper confidence are starting to weigh on big-ticket purchases. “War in Iran resulted in recession-level industry decline in the US as consumer confidence collapsed in late February and…

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Mortgage rates hit the highest level in a month, causing first-time homebuyers to drop out

Mortgage rates hit the highest level in a month, causing first-time homebuyers to drop out

An aerial view of residential properties, many with photo voltaic panels, on Sept. 17, 2025 in Fontana, California. Mario Tama | Getty Images Mortgage rates continued to climb increased final week, causing each present owners and potential homebuyers to retreat from the market, particularly first-time patrons. Total mortgage utility quantity fell 4.4% in contrast to…

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Overnight storms causing power outages and school delays

Overnight storms causing power outages and school delays

A robust line of storms moved via in a single day. It has left hundreds in Northeast Pennsylvania with out power. PENNSYLVANIA, USA — A robust line of storms rolled throughout Northeastern and Central Pennsylvania in a single day. Pennelec is reporting practically 9,000 outages throughout Pennsylvania with a majority of them in Northern Wayne…

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