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Whirlpool shares tumbled Thursday after the iconic appliance maker warned that the war in Iran triggered a severe downturn, underscoring how sharply higher fuel prices and collapsing consumer confidence are beginning to weigh on big-ticket purchases.”War in Iran resulted in recession-level industry decline in the U.S. as consumer confidence collapsed in late February and March,” the company said in its earnings filing.The comments marked one of the starkest corporate warnings yet about the economic fallout from the conflict and contrasted with more resilient spending trends recently highlighted by companies tied to travel and services. Shares of Whirlpool, maker of washers,…

NewsFeedThousands of children suffer from drug addiction in India-administered Kashmir. Al Jazeera’s Minelle Fernandez reports on a recovering heroin addict, as authorities launch a 100-day crackdown on narcotics.Published On 7 May 20267 May 2026Click here to share on social mediashare-nodesSharegoogleAdd Al Jazeera on Googleinfo

NEWYou can now listen to Fox News articles! A new era has started in the Penn State Nittany Lions football program.The school hired Matt Campbell as its new head coach after he spent 10 years with the Iowa State Cyclones, turning them from a 3-9 team to a school that made seven bowl appearances after going four years without making one.ZERO BS. JUST DAKICH. TAKE THE DON’T @ ME PODCAST ON THE ROAD. DOWNLOAD NOW! Penn State Nittany Lions head coach Matt Campbell looks on from the field during the Penn State Blue-White Spring game at Beaver Stadium in University…

The flags of the European Union fly in front of the European Parliament.Philipp von Ditfurth | dpa | Picture Alliance | Getty ImagesThe European Union is considering rules that would restrict its member governments’ use of U.S. cloud providers to handle sensitive data, sources familiar with the talks told CNBC.The European Commission — the EU’s executive branch — is expected to present its “Tech Sovereignty Package” on May 27, which will include a range of measures aimed at bolstering the bloc’s strategic autonomy in key digital areas. As part of preparations for that package, discussions are taking place within the…

NEWYou can now listen to Fox News articles! Political critics of Supreme Court decisions fundamentally do not understand the role of the institution, according to Chief Justice John Roberts.It is to interpret the law, not make it, he told a judicial conference in Hershey, Pennsylvania.”I think, at a very basic level, people think we’re making policy decisions, we’re saying we think this is how things should be, as opposed to what the law provides,” Roberts said Wednesday night. “I think they view us as purely political actors, which I don’t think is an accurate understanding of what we do.”The decision…

NEWYou can now listen to Fox News articles! Good morning and welcome to Fox News’ morning newsletter, Fox News First. And here’s what you need to know to start your day …TOP 31. US rival orders firms to ignore US Iran sanctions2. Armed father turns tables on alleged illegal immigrant carjacker3. Everyone’s moving to Texas and Florida, but one red state is growing even fasterMAJOR HEADLINESPOLICY SHIFT — Texas governor delivers city an ultimatum over Islamic event at facility. Continue reading …PODIUM PULLED — Engineering grads threatened to skip ceremony, forcing Rutgers to dump speaker. Continue reading …TAXPAYER DOLLARS —…

Descrease article font size Increase article font size Canadian insurance company Manulife says that worldwide “jet fuel shortages” are now considered to be a “known event’ with respect to Manulife Trip Cancellation and Interruption Insurance coverage.” An advisory issued by Manulife on the matter states that as of May 5, 2026, if the company’s travel policy is purchased on or after May 5 and travel disruptions occur, then “benefits would not apply due to the current situation being a known event.” Get breaking National news Get breaking Canada news delivered to your inbox as it happens so you won’t miss…

Sea of pink across Aussie capitals as mourners remember murdered five-year-old Kumanjayi Little Baby | The West Australian Close navigation menuSubscribeLog In

BEIJING: Former Chinese defence ministers Wei Fenghe and Li Shangfu were both sentenced to death with a two-year reprieve over graft charges, state news agency Xinhua reported on Thursday (May 7), underscoring the severity of the purge in the military.Past reports in Xinhua said Li had been suspected of receiving “huge sums of money” in bribes as well as bribing others, and an investigation found he “did not fulfil political responsibilities” and “sought personnel benefits for himself and others”.An investigation launched into Wei in 2023 found that he had accepted “a huge amount of money and valuables” in bribes and…

Turkiye has unveiled a prototype of an intercontinental ballistic missile (ICBM) as part of a push to become self-reliant and to gain a foothold as a key defence player in the Middle East and among its NATO allies.The ICBM, named Yildirimhan, meaning “lightning” in Turkish and developed by the Defence Ministry’s research and development centre, was unveiled on Tuesday at the SAHA 2026 Defence and Aerospace Exhibition at the Istanbul Expo Centre.Recommended Stories list of 3 itemsend of listWhy is this ICBM model significant, and what does it mean for Turkiye’s defence industry? Here’s what we know:What do we know…