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Whirlpool’s stock falls 20% as the appliance leader indicates that consumer confidence is at ‘recession level lows’ due to the Iran war.

Whirlpool's stock falls 20% as the appliance leader indicates that consumer confidence is at 'recession level lows' due to the Iran war.

Whirlpool’s stock dropped over 20% after the company reported a significant decline in consumer confidence, attributing it to recession-like conditions, which have led to decreased demand for large appliances amid the ongoing war in Iran. In the first quarter, Whirlpool, which produces brands like Maytag, KitchenAid, and Amana, experienced a 9.6% drop in sales. This […]

US Dollar Index Price Prediction: Drops towards two-month lows around 97.50

US Dollar Index remains under 97.00 after China called for limits on Treasury holdings

The US dollar index (DXY), which reflects the strength of the US dollar (USD) against a basket of six key currencies, has seen a decrease for the second consecutive day, hovering around 97.90 during European trading hours on Thursday. A quick look at the daily chart reveals that the dollar index appears flat within a […]

Euro remains close to lows as markets turn cautious, with Lagarde set to speak

Euro remains close to lows as markets turn cautious, with Lagarde set to speak

On Tuesday, the euro (EUR) declined against the US dollar (USD) for the third straight day. It was trading at 1.1685 as investors reacted to growing concerns over renewed tensions in Iran, which have diminished risk appetite. Attention is also shifting toward a speech by European Central Bank President Christine Lagarde. On Monday, US President […]

GBP/USD Price Outlook: Bounces back from nearly three-month lows around 1.3200

GBP/USD Price Outlook: Bounces back from nearly three-month lows around 1.3200

The GBP/USD saw a slight uptick after facing four days of declines, trading around 1.3270 during Monday’s Asian session. From a technical standpoint, the daily chart indicates a persistent bearish trend as the pair remains confined within a descending channel. In the short term, the outlook leans bearish since GBP/USD is trading below the 9-day […]

CBS News ratings are approaching all-time lows six months into Bari Weiss’ leadership.

CBS News ratings are approaching all-time lows six months into Bari Weiss' leadership.

Reports indicate that CBS News is heading toward a significant decline in viewership since Bari Weiss took over as editor-in-chief, resulting in layoffs and a tumultuous atmosphere within the newsroom. With the first quarter concluding this weekend, the “CBS Evening News” is anticipated to see its lowest viewership in the January-March time frame of this […]