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Appliance giant slashes earnings forecast and hikes prices by 10% with another 4% spike plannedWith the war in Iran and economic concerns putting pressure on consumers and how they spend their money, Whirlpool is having to adjust to Americans delaying big-ticket purchases while also raising prices to help stabilize its North American business.The company known for brands such as KitchenAid, Maytag and its namesake, said that the Iran war led to a “recession-level industry decline” in America as consumer confidence collapsed in late February and March. Revenue dropped nearly 10% in the quarter as sales of major appliances in North America declined more than 7%. Continue reading...

• Chinese President Xi Jinping hosted Vietnamese Communist Party General Secretary To Lam in April 2026, marking To Lam's first international trip in his new role and signaling Beijing's emphasis on party-to-government relations with Hanoi. • The two countries signed 32 bilateral agreements, more than double the 14 agreements reached during To Lam's 2024 visit, covering trade, investment, and strategic cooperation across multiple sectors. • Beijing is leveraging Vietnam's socialist governance model as common ground for deepening ties, while also pursuing enhanced regional connectivity through infrastructure projects like Malaysia's East Coast Railway Line to bind Southeast Asia closer to China.

• Average US gasoline prices have climbed to $4.50 per gallon, marking the highest level since 2022 and reflecting broader energy market pressures linked to Middle East tensions and OPEC production decisions. • The price surge comes amid ongoing negotiations between the Trump administration and Iran, which have created uncertainty in global oil markets and affected domestic fuel costs. • Energy analysts attribute the increase to geopolitical risk premiums, reduced supply confidence, and reduced refinery capacity following seasonal maintenance.

Rise in bond yields due to fuel prices and stability concerns will eat away at Rachel Reeves’s fiscal headroomBusiness live – latest updatesThe UK government’s long-term borrowing costs have hit their highest level since 1998, amid rising fuel prices and concerns about political stability.The yield – effectively the interest rate – on 30-year UK government bonds (gilts) hit 5.76% at lunchtime on Tuesday, up 0.11 percentage points – exceeding the 27-year high reached last autumn. Continue reading...

Government’s anti-slavery commissioner says traffickers are exploiting a growing pipeline of vulnerabilitySlavery in the UK is at record levels and is expected to worsen over the next decade, the government’s independent anti-slavery commissioner has warned.According to the number of referrals to the national referral mechanism, which assesses potential victims of slavery and provides support to victims, numbers have almost doubled in the last five years from 12,691 referrals in 2021 to 23,411 in 2025, the highest ever number. Continue reading...

Louisiana’s cultural hotspot could be surrounded by Gulf of Mexico before end of this century, authors sayThe process of relocating people from New Orleans should start immediately as the city has reached a “point of no return” that will see it surrounded by the ocean within decades due to the climate crisis, a stark new study has concluded.Ongoing sea level rise and the rampant erosion of wetlands in southern Louisiana will swallow up the New Orleans area within a few generations, with the new paper estimating the city “may well be surrounded by the Gulf of Mexico before the end of this century”. Continue reading...

• The American Heart Association released a Presidential Advisory on April 30, 2026, declaring U.S. health care affordability at a crisis point due to rising costs driven by chronic diseases. • Costs are forcing Americans to delay or avoid care, worsening health outcomes and increasing medical debt; a Gallup survey shows widespread worry about accessing affordable care. • A McLaughlin & Associates poll found 51% of voters cite health insurance as their top concern, followed by hospital bills (11%) and medicine costs (10%).