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Middle East crisis may divert millions of tourists to Europe

By&nbspDavid del Valle Published on 20/03/2026 – 7:00 GMT+1 Every day of war with Iran stops international tourists from spending €550 million in the Middle East, according to the World Travel & Tourism Council (WTTC). Many are now looking to Europe as a safe destination. ADVERTISEMENT ADVERTISEMENT The blow to…

World’s largest furniture maker cuts hundreds of jobs amid major restructuring

An 80-year-old family-owned furniture company — which says it is the largest furniture manufacturer in the world — is cutting hundreds of jobs while restructuring a Texas plant. Earlier this month, Ashley Furniture filed a Worker Adjustment and Retraining Notification (WARN) with the Texas Workforce Commission, indicating that 266 employees…

Mortgage rates jump to highest level in over 3 months

Mortgage rates jumped this week to the highest level in nearly four months, mortgage buyer Freddie Mac said Thursday. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed the average rate on the benchmark 30-year fixed mortgage rose to 6.22% from last week’s reading of 6.11%. The average rate on…